USDA Morning National Slaughter Cattle Review - Feb 12
13 February 2016 - 05:00AM
Dow Jones News
LM_CT130
St. Joseph, MO Fri, February 12, 2016 USDA Market News Service
Morning National Slaughter Cattle Review for Thursday, 2/11/16
On Thursday negotiated cash trade and demand was light to moderate in the Texas
Panhandle and Colorado. Compared to Wednesday in the Texas Panhandle, live sales
sold 1.00 lower at 133.00. Compared to last week in Colorado, live sale sold 1.00
lower at 130.00. On Thursday trade and demand was moderate in Kansas, Nebraska
and the Western Cornbelt. Compared to last week in Kansas, live sales sold mostly
3.00 lower from 132.00-133.00 with the bulk at 133.00. A few dressed sales were
reported mostly at 210.00. Thus far for the week in Nebraska, live sale have sold
mostly 1.00-2.00 lower than last week from 129.00-134.00. Dressed sales sold 4.00
lower at 206.00. Compared to last week in the Western Cornbelt, live sales sold
mostly 1.00-2.00 lower from 129.50-130.00 with the bulk of live sales for the
week at 130.00. Compared to last week, dressed sales sold mostly 4.00 from
205.00-206.00 with the bulk at 206.00.
Negotiated Sales:
Confirmed: 84,600 Week ago: 1,069 Year ago: 2,690
Wk to Date: 97,744 Week ago to Date: 2,621 Year ago to Date: 6,279
Negotiated, Formula and contract purchases delivered to packers today:
Today: 76,300 Week Ago: 74,600 Year Ago: 72,300
Wk to Date: 305,400 Week Ago to Date: 264,200 Year Ago to Date: 296,600
Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today: 118,600 Week Ago: 36,700 Year Ago: 59,900
Wk to Date: 298,500 Week Ago to Date: 198,800 Year Ago to Date: 250,700
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 124.00-133.00 avg 129.96 128.00-133.00 avg 131.33
65 - 80% Choice 128.00-134.00 avg 132.20 129.50-133.00 avg 132.49
35 - 65% Choice 132.00-134.00 avg 132.82 132.00-133.00 avg 132.90
0 - 35% Choice - avg - avg
Total all grades 124.00-134.00 avg 131.43 128.00-133.00 avg 132.01
Dressed basis Steers Heifers
Over 80% Choice 204.00-206.00 avg 205.82 204.00-210.00 avg 206.04
65 - 80% Choice 204.00-210.00 avg 206.03 204.00-210.00 avg 206.65
35 - 65% Choice 205.00-210.00 avg 206.54 205.00-210.00 avg 206.44
0 - 35% Choice - avg 206.00-206.00 avg 206.00
Total all grades 204.00-210.00 avg 205.96 204.00-210.00 avg 206.32
Formula purchases: prices established on previous reporting day for
slaughtered cattle.
Beef Type: Domestic:
Head count priced today: 34,400
Weighted avg weight: 885
Weighted avg net price: 212.78
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
.
(END) Dow Jones Newswires
February 12, 2016 12:45 ET (17:45 GMT)
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