Slaughter Cattle Review - Morning

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LM_CT130
St. Joseph, MO    Thu, November 14, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 11/13/13

  Trading was inactive Wednesday in all regions on light demand. Not enough
sales in any area for a market test so far this week. Last week, live sales
in the Southern Plains traded at 131.00. Live sales in Nebraska were at
131.00-132.00, with dressed sales at 206.00 to mostly 207.00. Live sales in
Colorado were at 132.00. Live sales in the Western Cornbelt traded at 129.00-
130.00, with dressed sales at 206.00-207.00.


Negotiated sales:
Confirmed:       897    Week ago:            1,092    Year ago:              816
Wk to Date:    2,809    Week ago to Date:    2,885    Year ago to Date:    2,571

Negotiated, Formula and contract purchases delivered to packers today:
Today:        80,100    Week Ago:           82,500    Year Ago:           77,200
Wk to Date:  241,700    Week Ago to Date:  247,300    Year Ago to Date:  250,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        34,000    Week Ago:           58,400    Year Ago:           63,200
Wk to Date:  200,600    Week Ago to Date:  220,200    Year Ago to Date:  230,700

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      130.50-130.50 avg 130.50         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     130.50-130.50 avg 130.50         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg          205.00-205.00 avg 205.00
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          205.00-205.00 avg 205.00

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

Beef Type:                   Domestic:
Head count priced today:        47,200
Weighted avg weight:               863
Weighted avg net price:         208.75

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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