Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Wed, December 12, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Tuesday, 12/11/12

On Tuesday, negotiated cash trade was mostly inactive in the Southern Plains, 
Colorado and the Western Cornbelt. Trading in Nebraska was limited on light 
demand with a few sales at 123.00.  Not enough sales to establish an adequate 
market trend.  The last established market was last week.  In the Southern 
Plains live sales sold at 124.00.   The previous week, in Nebraska live sales 
sold from 123.00-124.00.  Dressed sales sold at 197.00, with a few at 198.00.  
In Colorado, live sales sold from 123.00 to 123.50.  The prior week, in the 
Western Cornbelt, live sales sold from 123.00 to 124.00.  Dressed sales sold 
from 196.00 to 198.00.  


Negotiated sales:
Confirmed:     2,511    Week ago:            2,739    Year ago:              737
Wk to Date:    3,515    Week ago to Date:    3,633    Year ago to Date:    7,318

Negotiated, Formula and contract purchases delivered to packers today:
Today:        88,500    Week Ago:           80,800    Year Ago:           79,600
Wk to Date:  177,200    Week Ago to Date:  168,000    Year Ago to Date:  166,100

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        81,500    Week Ago:           79,300    Year Ago:           49,600
Wk to Date:  197,800    Week Ago to Date:  169,200    Year Ago to Date:  104,800

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      123.00- 124.00avg 123.75   123.00- 123.00avg 123.00
65 - 80% Choice      122.00- 123.00avg 122.94   123.00- 123.00avg 123.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     122.00- 124.00avg 123.09   123.00- 123.00avg 123.00

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:        38,100
Weighted avg weight:               866
Weighted avg net price:         200.62


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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