Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Fri, January 18, 2013    USDA Market News Service

*** This report will not be released on Monday, January 21, 2013 as our offices 
will be closed in observance of the Martin Luther King, Jr. Holiday.  This 
report will be released on Tuesday, January 22.  If you have any questions or 
concerns, please contact us at mpr.lgmn@ams.usda.gov.***

Morning National Slaughter Cattle Review for Thursday, 1/17/2013

Thursday trading was limited on light demand in all major feeding regions. Not
enough sales to fully establish a market trend. Wednesday was the last report 
market in the Southern and Northern Plains. In the Southern Plains live sales 
sold at 125.00. In Nebraska live sales ranged from 123.00-125.00 and dressed
sales sold mostly at 198.00. In Colorado live sales sold at 123.00. Last week
in the Western Corn live sales sold mostly at 125.00 and dressed sales sold
from 202.00-203.00.

Negotiated sales:
Confirmed:    10,475    Week ago:           25,842    Year ago:          101,041
Wk to Date:   54,365    Week ago to Date:   55,445    Year ago to Date:  102,480

Negotiated, Formula and contract purchases delivered to packers today:
Today:        80,100    Week Ago:           77,100    Year Ago:           65,600
Wk to Date:  334,600    Week Ago to Date:  332,600    Year Ago to Date:  312,500

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        56,300    Week Ago:           78,600    Year Ago:          153,200
Wk to Date:  319,400    Week Ago to Date:  362,300    Year Ago to Date:  332,500

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      122.00- 125.50avg 124.40         -       avg
65 - 80% Choice      122.00- 122.00avg 122.00   122.00- 123.50avg 123.16
35 - 65% Choice      122.00- 123.00avg 122.34         -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     122.00- 125.50avg 122.60   122.00- 123.50avg 123.16

Dressed basis              Steers                     Heifers
Over 80% Choice      196.00- 197.50avg 196.93   195.00- 197.50avg 197.01
65 - 80% Choice      195.00- 197.00avg 195.39   195.00- 195.00avg 195.00
35 - 65% Choice            -       avg          195.00- 196.00avg 195.10
0 - 35% Choice             -       avg                -       avg
Total all grades     195.00- 197.50avg 196.20   195.00- 197.50avg 195.96

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

Beef Type:                   Domestic:
Head count priced today:        17,100
Weighted avg weight:               814
Weighted avg net price:         200.67


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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