Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, November 05, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 11/4/2013

Monday trading was inactive on very light demand in all major feeding regions. 
Not enough sales for a market trend. Last week in the Southern Plains, the Texas
Panhandle saw live sales from 132.00-133.00. In Kansas live sales sold at 132.00. 
For the prior week in the Northern Plains Nebraska live and dressed sales sold 
mostly at 132.00 and 207.00, respectively. In Colorado live sale sold at 133.00. 
In Iowa/Minnesota for the previous week live and dressed sales sold mostly at 
132.00 and 208.00, respectively.

Negotiated sales:
Confirmed:       840    Week ago:              712    Year ago:              267
Wk to Date:      840    Week ago to Date:      712    Year ago to Date:      267

Negotiated, Formula and contract purchases delivered to packers today:
Today:        85,200    Week Ago:           89,000    Year Ago:           87,200
Wk to Date:   85,200    Week Ago to Date:   89,000    Year Ago to Date:   87,200

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        77,100    Week Ago:           93,100    Year Ago:           88,600
Wk to Date:   77,100    Week Ago to Date:   93,100    Year Ago to Date:   88,600

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            -       avg                -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice      129.00-129.00 avg 129.00         -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     129.00-129.00 avg 129.00         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg          208.00-208.00 avg 208.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          208.00-208.00 avg 208.00

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

Beef Type:                   Domestic:
Head count priced today:        41,700
Weighted avg weight:               845
Weighted avg net price:         211.17

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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