Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Wed, February 27, 2013    USDA Market News Service

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

So far for Wednesday trading has been inactive on very light demand. Not enough sales 
for a market trend. Last week live sales in the Texas Panhandle sold at 123.00 and 
in Kansas live sales sold at 125.00. In Nebraska live sales sold from 123.00-125.00 
and dressed sales at 198.00. In Colorado live sales sold at 123.00.In Iowa-Minnesota 
live sales sold from 122.00-125.00 and dressed sold from 195.00-198.00.


Negotiated sales:
Confirmed:         406            Week ago:    5,169          Year ago:    1,702
Week to Date:    1,433            Week ago:    5,735          Year ago:   14,192

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

Live basis
Over 80% Choice  126.00126.00avg126.00                avg
65 - 80% Choice              avg                      avg
35 - 65% Choice              avg                      avg
0 - 35% Choice               avg                      avg
Total all grades 126.00126.00avg126.00                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:        15,700
Weighted avg weight:               859
Weighted avg net price:         193.60

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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