Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Thu, February 14, 2013    USDA Market News Service

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

Thus far for Thursday trading in the Southern Plains and Nebraska has been slow on 
light demand. Compared to Wednesday's last reported market live sales sold steady at 
123.00 in these regions. Dressed sales in Nebraska sold 4.00 lower at 196.00 when 
compared to last week. In Colorado and Iowa-Minnesota on Thursday saw trading limited 
on light demand. In Colorado live sales sold steady at 123.00 when compared to 
Wednesday. In Iowa-Minnesota a few live and dressed sales sold from 119.00-123.00 and
196.00, respectively. The last fully established market was last week with live sales 
from 124.00-125.00 and dressed at 200.00.

Negotiated sales:
Confirmed:      33,085            Week ago:      376          Year ago:      690
Week to Date:   51,934            Week ago:    4,131          Year ago:    3,410

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      122.00- 123.00avg 122.51
65 - 80% Choice      119.00- 123.00avg 121.60      119.00- 123.00avg 121.31
35 - 65% Choice      122.00- 123.00avg 122.96      123.00- 123.00avg 123.00
0 - 35% Choice       123.00- 123.00avg 123.00            -       avg
Total all grades     119.00- 123.00avg 122.62      119.00- 123.00avg 122.23

Dressed basis              Steers                        Heifers
Over 80% Choice      194.00- 196.50avg 195.74      196.00- 196.00avg 196.00
65 - 80% Choice      194.00- 196.00avg 195.62      194.00- 196.00avg 195.15
35 - 65% Choice      194.00- 196.00avg 195.73      194.50- 196.00avg 195.43
0 - 35% Choice             -       avg                   -       avg
Total all grades     194.00- 196.50avg 195.71      194.00- 196.00avg 195.42


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

Beef Type:                   Domestic:
Head count priced today:         9,400
Weighted avg weight:               831
Weighted avg net price:         197.66

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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