Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Fri, March 01, 2013    USDA Market News Service

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

Thus far on Friday, negotiated cash trade was light on light demand in all major 
feeding regions.  Not enough for an adequate market trend.  The last established 
market was Thursday.  In the Texas Panhandle, live sales sold at 128.00.  In Kansas, 
live sales sold from 127.00 to 129.00, with the bulk of the trade at 128.00.  In 
Nebraska on Thursday, live sales sold from 127.00 to 129.00, with the bulk of the 
trade at 128.00.  Dressed sales sold from 203.00 to 204.00, with the bulk of the 
trade at 204.00.  In Colorado, live sales sold at 129.00.  In the Western Cornbelt on 
Thursday, live sales sold from 126.00 to 128.00.  Dressed sales sold from 202.00 to 
204.00, with the bulk of the trade from 202.00 to 203.00.  

Negotiated sales:
Confirmed:       7,716            Week ago:    1,085          Year ago:   57,236
Week to Date:  122,059            Week ago:   41,742          Year ago:  150,188

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      126.00- 127.00avg 126.36      126.00- 126.00avg 126.00
65 - 80% Choice      127.00- 128.00avg 127.15      125.00- 129.00avg 127.49
35 - 65% Choice      127.00- 128.50avg 128.08      128.00- 129.00avg 128.60
0 - 35% Choice             -       avg                   -       avg
Total all grades     126.00- 128.50avg 127.39      125.00- 129.00avg 127.81

Dressed basis              Steers                        Heifers
Over 80% Choice      202.00- 203.00avg 202.82      202.00- 204.00avg 202.96
65 - 80% Choice      202.00- 204.00avg 202.94      202.00- 203.00avg 202.81
35 - 65% Choice      201.00- 201.00avg 201.00            -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     201.00- 204.00avg 202.85      202.00- 204.00avg 202.87


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

Beef Type:                   Domestic:
Head count priced today:        21,300
Weighted avg weight:               824
Weighted avg net price:         194.12

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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