LM_CT130 St. Joseph, MO Fri, May 17, 2013 USDA Market News Service CERTAIN DAILY, WEEKLY, & MONTHLY REGIONAL, 5-AREA, & NATIONAL CATTLE REPORTS HAVE BEEN CORRECTED FROM APRIL 12, 2013 THROUGH MAY 6, 2013, DUE TO THE INADVERTENT OMISSION OF NEGOTIATED CASH TRANSACTION DATA FROM THE REPORTS. THE CORRECTED REPORTS CAN BE FOUND AT THE FOLLOWING PAGE: http://www.ams.usda.gov/AMSv1.0/ams.fetchTemplateData.do?template=TemplateA&page =LSMNHTMLTestPage#Top Morning National Slaughter Cattle Review for Thursday, 5/16/13 On Thursday, trading and demand in the Texas Panhandle was moderate. Compared to last week, live sales sold 1.00 lower at 125.00. Trading and demand in Kansas, Northern Plains, and the Western Cornbelt has been light. A few early live sales in Colorado traded at 125.00, and a few early dressed sales in the Western Cornbelt at 198.00, however there were not enough sales to establish a market. The last fully established market was last week with live sales in Kansas at 126.00. In Nebraska, live sales were at 126.00-126.50 and dressed sales mostly 202.00. In Colorado, live sales sold at 126.50. In the Western Cornbelt live sales sold at 127.00 with dressed sales from 203.00-204.00. Negotiated sales: Confirmed: 25,990 Week ago: 27,647 Year ago: 5,510 Wk to Date: 35,780 Week ago to Date: 61,890 Year ago to Date: 9,948 Negotiated, Formula and contract purchases delivered to packers today: Today: 87,300 Week Ago: 76,400 Year Ago: 84,600 Wk to Date: 347,500 Week Ago to Date: 335,300 Year Ago to Date: 360,800 Negotiated, Formula and contract commitments today: (generally for slaughter within 7 days) Today: 61,800 Week Ago: 68,600 Year Ago: 45,500 Wk to Date: 304,000 Week Ago to Date: 321,900 Year Ago to Date: 291,900 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 123.00-127.00 avg 125.19 123.00-126.00 avg 124.99 65 - 80% Choice 124.00-125.00 avg 124.25 124.00-125.00 avg 124.46 35 - 65% Choice 125.00-125.00 avg 125.00 123.00-125.00 avg 124.94 0 - 35% Choice 125.00-125.00 avg 125.00 - avg Total all grades 123.00-127.00 avg 124.84 123.00-126.00 avg 124.82 Dressed basis Steers Heifers Over 80% Choice 198.00-201.00 avg 200.19 198.00-201.00 avg 199.88 65 - 80% Choice 200.00-201.00 avg 200.25 196.00-200.00 avg 197.97 35 - 65% Choice 196.50-200.00 avg 198.94 196.00-196.50 avg 196.06 0 - 35% Choice - avg - avg Total all grades 196.50-201.00 avg 199.96 196.00-201.00 avg 196.98 Formula purchases: prices established on previous reporting day for slaughtered cattle. Beef Type: Domestic: Head count priced today: 17,700 Weighted avg weight: 810 Weighted avg net price: 200.63 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 .