Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, July 09, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 7/8/13

On Monday negotiated cash trade was mostly inactive on light demand in the Southern 
and Northern Plains as well as the Western Cornbelt. The latest established market 
was last week with live sales in the Southern Plains at 119.00. In Nebraska last 
week, live sales traded from 120.00-121.00 with dressed sales at 194.00. Last week in 
Colorado, live sales traded from 120.00-120.50. In the Western Cornbelt last week, 
live sales traded from 121.00-122.00 with dressed sales mostly at 194.00.


Negotiated sales:
Confirmed:       601    Week ago:              537    Year ago:              292
Wk to Date:      601    Week ago to Date:      537    Year ago to Date:      292

Negotiated, Formula and contract purchases delivered to packers today:
Today:        91,500    Week Ago:           88,900    Year Ago:           92,300
Wk to Date:   91,500    Week Ago to Date:   88,900    Year Ago to Date:   92,300

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        92,400    Week Ago:           80,700    Year Ago:           84,400
Wk to Date:   92,400    Week Ago to Date:   80,700    Year Ago to Date:   84,400

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            -       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:        67,700
Weighted avg weight:               838
Weighted avg net price:         192.05


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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