Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Tue, April 03, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 4/2/2012

Monday trading was very limited on very light demand in all major feeding regions.
Not enough sales for an adequate market trend. Last week live sales sold at 125.00
in the Southern Plains. In Nebraska live sales sold from 126.00-127.00 and dressed
sales sold from 201.00-202.00. In Colorado live sales ranged from 126.50-127.00.
In the Western Cornbelt live sales sold from 126.00-128.00 and dressed sales sold
at 202.00.

Negotiated sales:
Confirmed:       287    Week ago:              281    Year ago:              658
Wk to Date:      287    Week ago to Date:      281    Year ago to Date:      658

Negotiated, Formula and contract purchases delivered to packers today:
Today:        91,000    Week Ago:           95,900    Year Ago:           99,800
Wk to Date:   91,000    Week Ago to Date:   95,900    Year Ago to Date:   99,800

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        96,800    Week Ago:           83,400    Year Ago:           61,800
Wk to Date:   96,800    Week Ago to Date:   83,400    Year Ago to Date:   61,800

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:        40,000
Weighted avg weight:               826
Weighted avg net price:         198.92

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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