Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Fri, February 15, 2013    USDA Market News Service

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

******Due to the upcoming Presidents Holiday, LMR offices will be closed, and no
reports will be released on Monday, February 18, 2013, reports will resume on
February 19, 2013. ******

Thus far for Friday trading in the Southern and Northern Plains has been limited with 
light demand. Not enough sales to fully establish a market trend. Thursday was the 
last reported market in these regions with live sales at 123.00 and in Nebraska 
dressed sales sold at 196.00. In the Western Cornbelt for Friday trading has been 
limited on light to moderate demand. A few live and dressed sales sold at 123.00 and 
196.00, respectively. The last fully establish market was on Thursday with live 
ranging from 119.00 to 123.00 and the bulk of dressed sales at 196.00.

Negotiated sales:
Confirmed:       7,897            Week ago:   48,682          Year ago:   93,353
Week to Date:   63,541            Week ago:   54,301          Year ago:   98,137

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      123.00- 123.00avg 123.00      123.00- 123.00avg 123.00
65 - 80% Choice      122.00- 123.00avg 122.95      123.00- 123.00avg 123.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     122.00- 123.00avg 122.96      123.00- 123.00avg 123.00

Dressed basis              Steers                        Heifers
Over 80% Choice      196.00- 198.00avg 196.14      193.00- 196.00avg 195.66
65 - 80% Choice      193.00- 196.00avg 195.38      196.00- 196.00avg 196.00
35 - 65% Choice      196.00- 196.00avg 196.00      196.00- 196.00avg 196.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     193.00- 198.00avg 195.49      193.00- 196.00avg 195.86


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

Beef Type:                   Domestic:
Head count priced today:         7,900
Weighted avg weight:               855
Weighted avg net price:         196.88

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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