Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, June 12, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 6/11/2013

Negotiated cash trade was mostly inactive on light demand in the Southern and 
Northern Plains with limited trade on light demand in the Western Cornbelt. Not 
enough sales in any feeding region for an adequate market test. The latest 
established market was last week with live sales at 122.00 in the Southern Plains. In 
Nebraska last week, live sales traded from 123.00-124.00 with dressed sales mostly at 
197.00. Last week in Colorado, live sales traded from 122.50-123.00. In the Western 
Cornbelt for the previous week, live sales traded from 123.00-125.00 with dressed 
sales from 196.00-197.00.


Negotiated sales:
Confirmed:     1,933    Week ago:            1,081    Year ago:              867
Wk to Date:    3,286    Week ago to Date:    2,320    Year ago to Date:    1,258

Negotiated, Formula and contract purchases delivered to packers today:
Today:        83,200    Week Ago:           80,700    Year Ago:           91,300
Wk to Date:  170,700    Week Ago to Date:  173,800    Year Ago to Date:  183,300

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        54,600    Week Ago:           66,400    Year Ago:           79,800
Wk to Date:  156,700    Week Ago to Date:  180,000    Year Ago to Date:  173,800

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            -       avg                -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg                -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice      193.50-193.50 avg 193.50         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     193.50-193.50 avg 193.50         -       avg

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

Beef Type:                   Domestic:
Head count priced today:        46,000
Weighted avg weight:               845
Weighted avg net price:         200.19


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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