Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, December 06, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 12/5/12

Negotiated cash was inactive on light demand in the Southern and Northern Plains 
on Wednesday. Trade was very limited on light demand in the Western Cornbelt. 
Not enough sales in any feeding region for an adequate market test. The latest 
established market was last week with live sales in the Texas Panhandle from 
126.00-128.00. In Kansas live sale sold at 125.00. In Nebraska live sales sold 
at 125.50 and dressed ranged from 199.00-202.00. In Colorado live sales sold at 
125.50. In the Western Cornbelt live sale sold at 125.00 and dressed sales 
ranged from 198.00-202.00.


Negotiated sales:
Confirmed:     1,222    Week ago:            3,819    Year ago:            4,036
Wk to Date:    4,855    Week ago to Date:    7,743    Year ago to Date:    6,260

Negotiated, Formula and contract purchases delivered to packers today:
Today:        83,800    Week Ago:           83,100    Year Ago:           78,400
Wk to Date:  251,800    Week Ago to Date:  254,800    Year Ago to Date:  249,400

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        70,800    Week Ago:           71,300    Year Ago:           58,200
Wk to Date:  240,000    Week Ago to Date:  259,800    Year Ago to Date:  193,400

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      126.50- 126.50avg 126.50         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     126.50- 126.50avg 126.50         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg          198.00- 198.00avg 198.00
65 - 80% Choice      196.00- 196.00avg 196.00         -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     196.00- 196.00avg 196.00   198.00- 198.00avg 198.00

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

Beef Type:                   Domestic:
Head count priced today:        25,300
Weighted avg weight:               878
Weighted avg net price:         202.69


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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