LM_CT130
St. Joseph, MO     Tue, February 09, 2010    USDA Market News Service

Morning National Slaughter Cattle Review for Monday, 02/08/2010

Negotiated cash beef type steer and heifer trade was inactive in the Southern Plains 
and Nebraska on Monday. In Colorado trade and demand were light with very limited 
trade on light demand in the Western Cornbelt. Not enough sales in any region to 
establish an adequate market trend. The latest available market was last week with 
live sales at 87.00 in the Texas Panhandle. For the previous week, in Kansas live 
sales traded from 86.00 to mostly 87.00 with dressed sales at 138.00. In Nebraska for 
the prior week, live sales traded from 83.50 to 85.00 with dressed sales at 137.00. 
Last week in Colorado live sales traded from 85.00 to 85.50. For the previous week, 
in Iowa/Minnesota live sales traded from 84.00 to 85.00 with dressed sales from 
135.00 to 137.00.

Negotiated sales:
Confirmed:     1,833    Week ago:            5,483   Year ago:             2,884
Wk to Date:    1,833    Week ago to Date:    5,483   Year ago to Date:     2,884

Negotiated, Formula and contract purchases delivered to packers today:
Today:        84,400    Week Ago:           85,400    Year Ago:           84,500
Wk to Date:   84,400    Week Ago to Date:   85,400    Year Ago to Date:   84,500

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        83,000    Week Ago:           88,000    Year Ago:           59,600
Wk to Date:   83,000    Week Ago to Date:   88,000    Year Ago to Date:   59,600

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       84.00-84.00  avg 84.00          -       avg
65 - 80% Choice            -       avg           84.25-84.25  avg 84.25
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades      84.00-84.00  avg 84.00     84.25-84.25  avg 84.25

Dressed basis              Steers                     Heifers
Over 80% Choice      137.00-137.00 avg 137.00   136.00-136.00 avg 136.00
65 - 80% Choice            -       avg          137.00-137.00 avg 137.00
35 - 65% Choice            -       avg                -       avg
0 - 35% Choice             -       avg                -       avg
Total all grades     137.00-137.00 avg 137.00   136.00-137.00 avg 136.64

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

Beef Type:                   Domestic:
Head count priced today:        50,400
Weighted avg weight:               804
Weighted avg net price:         135.70

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  email:  stjoe.lgmn@usda.gov
www.ams.usda.gov/mnreports/lm_ct130.txt

1100c staff





.