Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Thu, January 03, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 1/3/13

On Wednesday, negotiated cash trade was mostly inactive in all major feeding regions.  
Not enough sales to establish an adequate market trend.  The last established market 
was last week.  In the Southern Plains live sales sold at 127.00.  In Nebraska live 
sale sold at 127.00, with a few at 127.50.  Dressed sales sold at 202.00, with a few 
up to 203.00.  Last week in Colorado, live sales sold from 127.00 to 127.50.  In the 
Western Cornbelt live sales sold from 127.00 to 128.00.  Dressed sales sold mostly at 
202.00, with a few up to 203.00.

Negotiated sales:
Confirmed:     1,261    Week ago:              590    Year ago:            2,509
Wk to Date:    3,695    Week ago to Date:    1,400    Year ago to Date:    3,179

Negotiated, Formula and contract purchases delivered to packers today:
Today:        87,200    Week Ago:           95,600    Year Ago:           80,200
Wk to Date:  146,300    Week Ago to Date:  124,900    Year Ago to Date:  164,100

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       107,300    Week Ago:          104,700    Year Ago:           48,600
Wk to Date:  161,800    Week Ago to Date:  177,400    Year Ago to Date:  141,500

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:        43,800
Weighted avg weight:               866
Weighted avg net price:         199.70


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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