USDA Morning National Slaughter Cattle Review - Feb 10
11 February 2016 - 4:34AM
Dow Jones News
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
.
(END) Dow Jones Newswires
February 10, 2016 12:19 ET (17:19 GMT)
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