Slaughter Cattle Review - Morning

LM_CT130
St. Joseph, MO    Fri, January 25, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Thursday, 1/25/2012

On Thursday, negotiated cash trade in the Texas Panhandle was limited on light 
demand.  The last established market was on Wednesday with live sales selling at 
122.00.  Trading in Kansas was light on light demand.  When compared to Wednesday, 
live sales sold steady at 122.00.  In Nebraska, trading and demand were light to 
moderate.  When compared to Wednesday live sales sold steady to 1.50 higher from 
122.00 to 124.00.  Dressed sales, compared to last week sold steady to 1.00 higher 
from 198.00-199.00.  Trading in Colorado was mostly inactive. The last established 
market was Wednesday, with live sales mostly at 122.00, instances up to 122.50.  In 
the Western Cornbelt, trading and demand were light to moderate.  Compared to last 
week, live sales sold 1.00 to 3.00 higher from 123.00 to 125.00.  Dressed sales sold 
2.00 to 3.00 higher from 198.00 to 200.00.  

Negotiated sales:
Confirmed:    69,179    Week ago:           10,475    Year ago:              578
Wk to Date:  100,092    Week ago to Date:   54,365    Year ago to Date:    1,573

Negotiated, Formula and contract purchases delivered to packers today:
Today:        85,300    Week Ago:           80,100    Year Ago:           71,500
Wk to Date:  349,500    Week Ago to Date:  334,600    Year Ago to Date:  312,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       103,700    Week Ago:           56,300    Year Ago:           26,400
Wk to Date:  359,700    Week Ago to Date:  319,400    Year Ago to Date:  208,000

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      121.50- 126.00avg 123.19   122.00- 127.00avg 122.83
65 - 80% Choice      120.00- 126.50avg 123.50   123.00- 125.00avg 124.16
35 - 65% Choice      122.00- 123.50avg 122.13   122.00- 124.50avg 122.88
0 - 35% Choice             -       avg                -       avg
Total all grades     120.00- 126.50avg 123.24   122.00- 127.00avg 123.75

Dressed basis              Steers                     Heifers
Over 80% Choice      195.00- 200.00avg 197.99   195.50- 199.50avg 198.02
65 - 80% Choice      192.00- 200.00avg 198.09   195.00- 200.00avg 197.79
35 - 65% Choice      195.00- 199.00avg 197.79   198.00- 198.00avg 198.00
0 - 35% Choice             -       avg                -       avg
Total all grades     192.00- 200.00avg 198.03   195.00- 200.00avg 197.87

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

Beef Type:                   Domestic:
Head count priced today:        22,300
Weighted avg weight:               838
Weighted avg net price:         196.45


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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