Slaughter Cattle Review - Afternoon

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LM_CT131
St. Joseph, MO    Thu, February 07, 2013    USDA Market News Service

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

Thus far on Thursday, negotiated cash trade is at a standstill in all major feeding 
regions.  Not enough sales to establish an adequate market trend.  The last 
established market was last week.  In the Southern Plains, live sales sold at 125.00.  
In Nebraska live sales sold from 125.00 to 126.00.  Dressed sales sold mostly at 
202.00.  In Colorado last week, live sale sold at 125.00.  In the Western Cornbelt, 
live sales sold from 125.00 to 127.00.  Dressed sales sold from 200.00 to 202.00.  

Negotiated sales:
Confirmed:         376            Week ago:    2,949          Year ago:      876
Week to Date:    3,954            Week ago:   27,854          Year ago:    3,773

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            -       avg                   -       avg
65 - 80% Choice            -       avg             125.00- 125.00avg 125.00
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             125.00- 125.00avg 125.00

Dressed basis              Steers                        Heifers
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:        10,000
Weighted avg weight:               844
Weighted avg net price:         198.59

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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