Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, June 20, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 6/19/2013

Wednesday trading was inactive on very light demand in the Southern and Northern
Plains. In the Western Cornbelt trading was limited on light demand. Not enough 
sales for a market trend. Last week in the Southern Plains live sales sold at 
120.00. In Nebraska live sales sold from 121.00-121.50 and dressed sales at 195.00.
In Colorado live sales sold at 121.00. In the Western Cornbelt live sales sold from 
121.00-122.00 and dressed sales sold at 195.00.

Negotiated sales:
Confirmed:     2,840    Week ago:            1,822    Year ago:            2,577
Wk to Date:    8,952    Week ago to Date:    5,108    Year ago to Date:    5,519

Negotiated, Formula and contract purchases delivered to packers today:
Today:        83,300    Week Ago:           89,100    Year Ago:           88,500
Wk to Date:  252,300    Week Ago to Date:  259,800    Year Ago to Date:  266,800

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        78,800    Week Ago:           77,200    Year Ago:           66,900
Wk to Date:  252,200    Week Ago to Date:  233,800    Year Ago to Date:  241,700

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      121.00-121.00 avg 121.00   122.00-122.00 avg 122.00
65 - 80% Choice      122.00-122.00 avg 122.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     121.00-122.00 avg 121.48   122.00-122.00 avg 122.00

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg          192.00-192.00 avg 192.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          192.00-192.00 avg 192.00

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

Beef Type:                   Domestic:
Head count priced today:        44,000
Weighted avg weight:               836
Weighted avg net price:         196.52


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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