LM_CT130
St. Joseph, MO    Thu, February 09, 2012    USDA Market News Service

Morning National Slaughter Cattle Review for Wednesday, 2/8/12

Wednesday trading was at a standstill in the Southern and Northern Plains. In the
Western Cornbelt trading was inactive on very light demand. Not enough sales for
an adequate market trend. Last week in the Southern Plains live sales sold at 
123.00. In Nebraska live sales sold from 123.00 to mostly 124.00. In Colorado and 
the Western Cornbelt live sales sold from 123.00 to 124.00. Dressed sales in the 
Western Cornbelt ranged from 196.00 to 198.00.

Negotiated sales:
Confirmed:       554    Week ago:              764    Year ago:            2,411
Wk to Date:    2,897    Week ago to Date:    2,567    Year ago to Date:    4,971

Negotiated, Formula and contract purchases delivered to packers today:
Today:        76,800    Week Ago:           77,200    Year Ago:           85,500
Wk to Date:  238,700    Week Ago to Date:  235,000    Year Ago to Date:  262,900

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        48,700    Week Ago:           46,600    Year Ago:           50,000
Wk to Date:  175,900    Week Ago to Date:  179,100    Year Ago to Date:  146,600

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      125.00- 125.00avg 125.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     125.00- 125.00avg 125.00         -       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:        25,400
Weighted avg weight:               862
Weighted avg net price:         198.47

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





.