Slaughter Cattle Review - Afternoon

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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1. U.S. electricity prices grows 1.1% in 2013
2. Consider oats as a double crop after wheat
3. Jolley: What is to become of beef?
4. Ag markets moved generally higher Wednesday
5. U.S. coal prices steadily increase value
6. Angus breeders honored by the Beef Improvement Federation

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. 3,000 pounds of copper wire stolen from Oklahoma ranch
3. Crude oil expected to peak and cost of electricity to go down
4. Changes in U.S.-Mexican cattle and beef trade
5. Peterson Brothers: What summer vacation?
6. 2100: 11 billion mouths to feed

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. Canadian CJD cases are “classical" form
4. Jolley: What is to become of beef?
5. Will Smith dethroned in latest Peterson Farm Bros. parody
6. New ads emphasize agriculture’s role in economic recovery