Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, April 18, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 4/17/13

On Wednesday trading was inactive with very light demand in all major feeding
regions. Not enough sales for a market trend. The last fully reported market 
was last week. In the Southern Plains live sales sold at 127.00. In Nebraska 
live sales sold from 127.50-128.00 and dressed at 202.00. In Colorado live 
sales sold at 128.00. In the Western Cornbelt live sales sold from 126.00-
127.00 and dressed from 199.00-202.00.

Negotiated sales:
Confirmed:     1,329    Week ago:           37,047    Year ago:           44,693
Wk to Date:    4,945    Week ago to Date:   38,112    Year ago to Date:   47,064

Negotiated, Formula and contract purchases delivered to packers today:
Today:        81,600    Week Ago:           81,400    Year Ago:           81,100
Wk to Date:  261,000    Week Ago to Date:  247,300    Year Ago to Date:  256,600

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        52,700    Week Ago:           81,200    Year Ago:           98,400
Wk to Date:  197,000    Week Ago to Date:  212,600    Year Ago to Date:  272,200

Negotiated: prices paid for Domestic Slaughter steers and heifers:
(Information derived from the 5 area weighted average LM_CT100)

Live basis                 Steers                     Heifers
Over 80% Choice      126.65-126.65 avg 126.65         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     126.65-126.65 avg 126.65         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       avg

Formula purchases: prices established on previous reporting day for 
slaughtered cattle.

Beef Type:                   Domestic:
Head count priced today:        29,300
Weighted avg weight:               844
Weighted avg net price:         203.39


Covers transactions reported at 2:00 pm today.  Comments and market conditions
may include information gathered from voluntary sources, all prices, weights
and head counts are only those gathered through the mandatory reporting system.

Source:  USDA Market News Service, St Joseph, MO
         (816)-238-0678 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/lm_ct130.txt

1100c  staff





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