Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Fri, February 08, 2013    USDA Market News Service

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

Thus far on Friday, negotiated cash trade in the Southern Plains has been light on 
light demand. Compared to last week, live sales sold steady at 125.00.  In Nebraska, 
trading has been light on light demand.  Compared to last week, live sales sold 
steady to 1.00 lower at 125.00.  Dressed sales sold mostly 2.00 lower at 200.00.  
In Colorado, trading and demand has been light to moderate.  Compared to last week, 
live sales sold steady at 125.00.  In the Western Cornbelt, trading is light on light 
demand.  A few early live sales traded from 124.00 to 125.00 and a few early dressed 
sales sold at 200.00 on a light test.  

Negotiated sales:
Confirmed:      48,682            Week ago:   13,340          Year ago:   38,817
Week to Date:   54,301            Week ago:   48,339          Year ago:   46,213

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      124.50- 127.00avg 125.20      124.00- 127.00avg 125.19
65 - 80% Choice      124.50- 125.00avg 124.96      124.00- 125.00avg 124.86
35 - 65% Choice      125.00- 125.00avg 125.00      125.00- 125.00avg 125.00
0 - 35% Choice       125.00- 125.00avg 125.00      125.00- 125.00avg 125.00
Total all grades     124.50- 127.00avg 125.00      124.00- 127.00avg 124.97

Dressed basis              Steers                        Heifers
Over 80% Choice      198.00- 202.00avg 199.95      199.00- 202.00avg 200.21
65 - 80% Choice      198.00- 201.00avg 199.58      197.00- 201.00avg 198.80
35 - 65% Choice      197.00- 200.00avg 199.60      197.00- 200.00avg 197.15
0 - 35% Choice       197.00- 197.00avg 197.00            -       avg
Total all grades     197.00- 202.00avg 199.67      197.00- 202.00avg 199.28


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

Beef Type:                   Domestic:
Head count priced today:        12,800
Weighted avg weight:               849
Weighted avg net price:         197.54

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





.

1. Vilsack: Taking time to remember the fallen
2. Ag markets diverge just before the long holiday weekend
3. Study suggests dairy herd water quality linked to milk production
4. Wis. lawmakers question challenges to large wells
5. Traders evening up positions ahead of the weekend Friday
6. Bio-Vet and Keller break ground on new facility

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Salma Hayek: Milk part of 'perfect' breakfast
4. Chocolate milk a top post-workout food
5. Seven jobs more dangerous than farming
6. What do dairy exports mean for Minnesota?

1. Seven jobs more dangerous than farming
2. White House urges Senate to cut crop insurance in farm bill
3. Class III futures close out quietly last week
4. 4 rules for growing a business or industry
5. Drop in U.S. underground water levels has accelerated
6. Ongoing wave of Calif. metal theft prompts further legislation