LM_CT130
St. Joseph, MO    Tue, June 18, 2013    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 6/17/2013

Monday trading was inactive on very light demand in all major feeding regions. Not 
enough sales for a market trend. Last week in the Southern Plains live sales sold at 
120.00. In Nebraska live sales sold from 121.00-121.50 and dressed sales at 195.00. 
In Colorado live sales sold at 121.00. In the Western Cornbelt live sales sold from 
121.00-122.00 and dressed sales sold at 195.00.

Negotiated sales:
Confirmed:     1,375    Week ago:            1,353    Year ago:              806
Wk to Date:    1,375    Week ago to Date:    1,353    Year ago to Date:      806

Negotiated, Formula and contract purchases delivered to packers today:
Today:        91,100    Week Ago:           87,500    Year Ago:           87,500
Wk to Date:   91,100    Week Ago to Date:   87,500    Year Ago to Date:   87,500

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:       100,500    Week Ago:          102,100    Year Ago:           94,000
Wk to Date:  100,500    Week Ago to Date:  102,100    Year Ago to Date:   94,000

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      122.00-122.00 avg 122.00         -       avg
65 - 80% Choice            -       avg                -       avg
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     122.00-122.00 avg 122.00         -       avg

Dressed basis              Steers                     Heifers
Over 80% Choice            -       avg                -       avg
65 - 80% Choice            -       avg          192.00-192.00 avg 192.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades           -       avg          192.00-192.00 avg 192.00

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

Beef Type:                   Domestic:
Head count priced today:        71,000
Weighted avg weight:               839
Weighted avg net price:         196.31


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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