Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, September 19, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 9/18/2013

Wednesday trading was inactive on very light demand in all major feeding regions. Not
enough sales for a market trend. In the Southern Plains last week live sales sold at 
123.00. In the Northern Plains live sales sold from 123.50 to 124.00 with dressed 
sales in Nebraska at 194.00. In the Western Cornbelt live sales sold from 122.00 to 
122.50 and dressed sales ranged 193.00 to 195.00.

Negotiated sales:
Confirmed:       881    Week ago:              447    Year ago:              271
Wk to Date:    3,345    Week ago to Date:    4,070    Year ago to Date:    3,029

Negotiated, Formula and contract purchases delivered to packers today:
Today:        82,000    Week Ago:           76,900    Year Ago:           80,000
Wk to Date:  247,200    Week Ago to Date:  251,300    Year Ago to Date:  253,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        47,500    Week Ago:           64,900    Year Ago:           50,700
Wk to Date:  219,200    Week Ago to Date:  235,000    Year Ago to Date:  174,200

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      121.00-124.00 avg 123.15         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     121.00-124.00 avg 123.15         -       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:        38,800
Weighted avg weight:               857
Weighted avg net price:         194.55

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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