Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, September 17, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 9/16/2013

Monday trading was inactive on very light demand in all major feeding regions. Not 
enough sales for a market trend. In the Southern Plains last week live sales sold 
at 123.00. In the Northern Plains live sales sold from 123.50 to 124.00 with 
dressed sales in Nebraska at 194.00. In the Western Cornbelt live sales sold from 
122.00 to 122.50 and dressed sales ranged 193.00 to 195.00.

Negotiated sales:
Confirmed:       489    Week ago:              651    Year ago:            1,931
Wk to Date:      489    Week ago to Date:      651    Year ago to Date:    1,931

Negotiated, Formula and contract purchases delivered to packers today:
Today:        79,200    Week Ago:           89,300    Year Ago:           85,800
Wk to Date:   79,200    Week Ago to Date:   89,300    Year Ago to Date:   85,800

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        88,700    Week Ago:          102,400    Year Ago:           57,600
Wk to Date:   88,700    Week Ago to Date:  102,400    Year Ago to Date:   57,600

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      121.50-121.50 avg 121.50         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     121.50-121.50 avg 121.50         -       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:        78,400
Weighted avg weight:               849
Weighted avg net price:         194.65

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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