Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, July 16, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 7/15/2013

Monday negotiated cash beef type trading was inactive with very light demand in all 
major feeding regions. Not enough sales for a market trend. Last week in the Southern 
Plains live sales sold at 119.00. In the Northern Plains live sales sold from 120.00-
120.50 and dressed sales in Nebraska sold at 193.00. In the Western Cornbelt live 
sales sold from 120.00-121.00 and dressed sales from 191.00-193.00.

Negotiated sales:
Confirmed:       962    Week ago:              699    Year ago:            4,591
Wk to Date:      962    Week ago to Date:      699    Year ago to Date:    4,591

Negotiated, Formula and contract purchases delivered to packers today:
Today:        87,400    Week Ago:           91,700    Year Ago:           87,400
Wk to Date:   87,400    Week Ago to Date:   91,700    Year Ago to Date:   87,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        96,100    Week Ago:           92,400    Year Ago:           87,100
Wk to Date:   96,100    Week Ago to Date:   92,400    Year Ago to Date:   87,100

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:        84,800
Weighted avg weight:               851
Weighted avg net price:         191.03


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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