St. Joseph, MO - Fri, May 09, 2008 - USDA Market News Service
Morning National Slaughter Cattle Review for Thursday, 5/8/08
This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary
basis.
Trading and demand was light to moderate in the Northern Plains and in
Iowa/Minnesota. Compared to Wednesday, dressed sales in Nebraska and Iowa/Minnesota
sold unevenly steady from 148.00-149.00. Compared to last week dressed sales in
Colorado sold 1.00-2.00 lower at 147.00. Trading remains inactive in all other
feeding regions.
Negotiated sales:
Confirmed: 37,971 Week ago: 120,370 Year ago: 189,583
Wk to Date: 66,066 Week ago to Date: 125,275 Year ago to Date: 229,237
Negotiated, Formula and contract purchases delivered to packers today:
Today: 100,100 Week Ago: 95,000 Year Ago: 99,700
Wk to Date: 386,000 Week Ago to Date: 384,700 Year Ago to Date: 365,800
Negotiated, Formula and contract commitments today: (generally for slaughter
within 7 days)
Today: 107,200 Week Ago: 180,400 Year Ago: 261,900
Wk to Date: 352,600 Week Ago to Date: 374,000 Year Ago to Date: 493,400
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 92.00-95.00 avg 93.50 92.00-93.00 avg 92.34
65 - 80% Choice 91.00-93.50 avg 92.22 92.00-93.50 avg 92.65
35 - 65% Choice 91.50-93.50 avg 92.96 92.00-93.00 avg 92.36
0 - 35% Choice - avg - avg
Total all grades 91.00-95.00 avg 92.58 92.00-93.50 avg 92.52
Dressed basis Steers Heifers
Over 80% Choice 148.00-149.00 avg 148.08 147.00-149.00 avg 148.19
65 - 80% Choice 146.00-149.00 avg 148.00 147.00-149.00 avg 147.94
35 - 65% Choice 146.00-149.00 avg 147.58 146.00-149.00 avg 147.71
0 - 35% Choice 146.00-148.00 avg 146.95 - avg
Total all grades 146.00-149.00 avg 147.70 146.00-149.00 avg 147.82
Formula purchases: prices established on previous reporting day for
slaughtered cattle.
Beef Type: Domestic:
Head count priced today: 18,300
Weighted avg weight: 780
Weighted avg net price: 147.09
Slaughter Cows and Bulls: Dressed Prices
N/A due to expired law and lack of voluntary packer participation
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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