Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Tue, February 05, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 2/4/13

On Monday, negotiated cash trade was at a standstill in the Southern and Norhern 
Plains.  In the Western Cornbelt trading was mostly inactive.  Not enough sales for 
an adequate market trend.  The last established market was last week. In the Southern 
Plains, live sales sold at 125.00.  In Nebraska, live sales sold from 125.00 to 
126.00, with dressed sales sold mostly at 202.00.  Last week in Colorado, live sales 
sold at 125.00.  In the Western Cornbelt last week, live sales sold from 125.00 to 
127.00.  Dressed sales sold from 200.00 to 202.00.  


Negotiated sales:
Confirmed:       508    Week ago:              150    Year ago:            1,829
Wk to Date:      508    Week ago to Date:      150    Year ago to Date:    1,829

Negotiated, Formula and contract purchases delivered to packers today:
Today:        81,600    Week Ago:           90,100    Year Ago:           83,900
Wk to Date:   81,600    Week Ago to Date:   90,100    Year Ago to Date:   83,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        78,000    Week Ago:           86,000    Year Ago:           70,400
Wk to Date:   78,000    Week Ago to Date:   86,000    Year Ago to Date:   70,400

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            -       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      200.00- 200.00avg 200.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     200.00- 200.00avg 200.00         -       avg

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

Beef Type:                   Domestic:
Head count priced today:        55,200
Weighted avg weight:               865
Weighted avg net price:         194.40


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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