LM_CT130
St. Joseph, MO     Fri, November 20, 2009    USDA Market News Service

Morning National Slaughter Cattle Review for Thursday, 11/19/09

Steer and heifer trading was slow on light demand in all feeding regions but in 
Colorado where trade was inactive. Not enough sales to establish an adequate market 
test. On Wednesday live sales sold for 84.00 in the Texas Panhandle. In Kansas live 
sales sold for 83.00. Live sales sold for 82.00 to 84.00 in Nebraska and dressed 
sales sold at 130.00. Live sales sold for 83.50 in Colorado. In the Western Cornbelt 
live sales sold unevenly steady at 81.00 and dressed sales sold at 130.00.

Negotiated sales:
Confirmed:    10,005    Week ago:           50,911   Year ago:            62,532
Wk to Date:  129,181    Week ago to Date:  122,337   Year ago to Date:   136,451

Negotiated, Formula and contract purchases delivered to packers today:
Today:        80,100    Week Ago:           77,800    Year Ago:           91,600
Wk to Date:  333,500    Week Ago to Date:  325,100    Year Ago to Date:  349,700

Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today:        44,000    Week Ago:           99,500    Year Ago:           73,800
Wk to Date:  353,300    Week Ago to Date:  369,900    Year Ago to Date:  336,800

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       81.00-82.00  avg 81.47     81.00-81.50  avg 81.22
65 - 80% Choice       81.00-83.00  avg 82.65     81.50-81.50  avg 81.50
35 - 65% Choice       82.00-84.00  avg 83.34     82.00-84.00  avg 82.20
0 - 35% Choice             -       avg                -       avg
Total all grades      81.00-84.00  avg 82.79     81.00-84.00  avg 81.89

Dressed basis              Steers                     Heifers
Over 80% Choice      130.00-132.00 avg 131.05   130.00-131.00 avg 130.10
65 - 80% Choice      130.00-130.00 avg 130.00   130.00-130.00 avg 130.00
35 - 65% Choice      130.00-130.00 avg 130.00   130.00-130.00 avg 130.00
0 - 35% Choice             -       avg                -       avg
Total all grades     130.00-132.00 avg 130.12   130.00-131.00 avg 130.05

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

Beef Type:                   Domestic:
Head count priced today:        16,200
Weighted avg weight:               808	
Weighted avg net price:         133.54

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





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