LM_CT130 
St. Joseph, MO    Wed, February 10, 2016    USDA Market News Service 
 
Morning National Slaughter Cattle Review for Tuesday, 2/9/16 
 
On Tuesday negotiated cash trade was light on light to moderate demand in the Texas 
Panhandle and the Western Cornbelt. Compared to last week in the Texas Panhandle, 
early live sales sold 2.00 lower at 134.00. In the Western Cornbelt a few early sales 
sold at 130.00 and from 206.00-207.00 respectively. However, not enough sales for an 
adequate market test. The latest established market in the Western Cornbelt, was last 
week with live sales from 131.00-132.00 and dressed sales at 210.00. Trade was 
inactive on light to moderate demand in Kansas and the Northern Plains. Last week in 
Kansas, live sales sold at 136.00, with dressed sales at 216.50. In Nebraska last 
week, live sales sold from 130.00-136.00 with dressed sales at 210.00. In Colorado 
for the previous week, live sales sold at 131.00. 
 
 
Negotiated sales: 
Confirmed:     5,186    Week ago:              201    Year ago:              248 
Wk to Date:    5,761    Week ago to Date:      868    Year ago to Date:    1,253 
 
Negotiated, Formula and contract purchases delivered to packers today: 
Today:        76,300    Week Ago:           53,900    Year Ago:           75,700 
Wk to Date:  153,400    Week Ago to Date:  119,800    Year Ago to Date:  159,700 
 
Negotiated, Formula and contract commitments today: (generally for slaughter 
within 7 days) 
Today:        48,700    Week Ago:           44,900    Year Ago:           52,600 
Wk to Date:  127,200    Week Ago to Date:  105,800    Year Ago to Date:  142,700 
 
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      130.00-130.00 avg 130.00   130.00-130.00 avg 130.00 
65 - 80% Choice      134.00-134.00 avg 134.00   130.00-134.00 avg 132.34 
35 - 65% Choice            -       avg                -       avg 
0 - 35% Choice             -       avg                -       avg 
Total all grades     130.00-134.00 avg 132.92   130.00-134.00 avg 131.33 
 
Dressed basis              Steers                     Heifers 
Over 80% Choice            -       avg                -       avg 
65 - 80% Choice      206.00-206.00 avg 206.00   206.00-206.00 avg 206.00 
35 - 65% Choice            -       avg                -       avg 
0 - 35% Choice             -       avg                -       avg 
Total all grades     206.00-206.00 avg 206.00   206.00-206.00 avg 206.00 
 
Formula purchases: prices established on previous reporting day for 
slaughtered cattle. 
 
Beef Type:                   Domestic: 
Head count priced today:        29,700 
Weighted avg weight:               874 
Weighted avg net price:         217.37 
 
 
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)-676-7000 e-mail:  stjoe.lpgmn@ams.usda.gov 
         www.ams.usda.gov/mnreports/lm_ct130.txt 
 
1100c  staff 
 
 
 
 
 
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(END) Dow Jones Newswires

February 10, 2016 12:19 ET (17:19 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.