Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Tue, March 05, 2013    USDA Market News Service

Afternoon National Slaughter Cattle Review as of 2:00 pm Tuesday

Thus far for Tuesday trading has been inactive on very light demand in all major 
feeding regions. Not enough sales for a market trend. Last week live sales sold at 
128.00 in the Southern Plains and Nebraska. Dressed sales in Nebraska sold mostly at 
204.00. In Colorado, last week, live sales sold at 129.00 and a few dressed sales 
sold at 205.00. In Iowa-Minnesota live sales sold from 126.00-128.00 and dressed 
sales sold mostly from 202.00-203.00.

Negotiated sales:
Confirmed:          67            Week ago:      156          Year ago:   18,599
Week to Date:      677            Week ago:      690          Year ago:   21,432

Negotiated: prices paid for Domestic Slaughter steers and heifers:
(Information derived from the 5 area weighted average LM_CT100)

Live basis
Over 80% Choice              avg                      avg
65 - 80% Choice              avg                      avg
35 - 65% Choice              avg                      avg
0 - 35% Choice               avg                      avg
Total all grades             avg                      avg

Dressed basis
Over 80% Choice              avg                      avg
65 - 80% Choice              avg                      avg
35 - 65% Choice              avg                      avg
0 - 35% Choice               avg                      avg
Total all grades             avg                      avg


Formula purchases: prices established thus far today for slaughtered 
cattle.

Beef Type:                   Domestic:
Head count priced today:        23,000
Weighted avg weight:               831
Weighted avg net price:         196.11

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 or (816)-676-7000 e-mail:  stjoe.lgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/lm_ct131.txt

1530c  staff





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