Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, May 15, 2013    USDA Market News Service

CERTAIN DAILY, WEEKLY, & MONTHLY REGIONAL, 5-AREA, & NATIONAL CATTLE REPORTS
HAVE BEEN  CORRECTED FROM APRIL 12, 2013 THROUGH MAY 6, 2013, DUE TO THE
INADVERTENT OMISSION OF NEGOTIATED CASH TRANSACTION DATA FROM THE REPORTS. THE
CORRECTED REPORTS CAN BE FOUND AT THE FOLLOWING PAGE:
http://www.ams.usda.gov/AMSv1.0/ams.fetchTemplateData.do?template=TemplateA&page
=LSMNHTMLTestPage#Top

Morning National Slaughter Cattle Review for Tuesday, 5/14/2013

Tuesday trading was inactive on very light demand in all feeding regions. Not 
enough sales for a market trend. Last week in the Southern Plains live sales 
sold at 126.00. In Nebraska live sales sold from 126.00-126.50 and dressed sales
sold mostly at 202.00. In Colorado live sales sold at 126.00. In the Western 
Cornbelt live sales sold at 127.00 and dressed sales from 203.00-204.00.

Negotiated sales:
Confirmed:     2,054    Week ago:            9,057    Year ago:            2,010
Wk to Date:    3,179    Week ago to Date:    9,525    Year ago to Date:    2,588

Negotiated, Formula and contract purchases delivered to packers today:
Today:        85,600    Week Ago:           82,900    Year Ago:           91,800
Wk to Date:  175,300    Week Ago to Date:  173,900    Year Ago to Date:  185,600

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        64,000    Week Ago:           90,800    Year Ago:           77,600
Wk to Date:  154,200    Week Ago to Date:  166,400    Year Ago to Date:  170,300

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        Last-ear:   avg                -       avg
65 - 80% Choice        Last-ear:   avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice      S - Bee-Breeds avg                -       avg
Total all grades         Pr-ce     avg    Avg         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg          200.00-200.00 avg 200.00
35 - 65% Choice            -       avg          200.00-200.00 avg 200.00
0 - 35% Choice      BASIS --Beef B avg                -       avg
Total all grades    Pr     -ce     avgAvg             -       avg

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

Beef Type:                   Domestic:
Head count priced today:        53,200
Weighted avg weight:               825
Weighted avg net price:         205.20


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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