Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, February 20, 2013    USDA Market News Service

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

Thus far on Wednesday, negotiated cash trade in was light to moderate on light to 
moderate demand in the Texas Panhandle.  Compared to last week, live sales sold 
steady at 123.00.  Trading in Kansas, the Northern Plains, and the Western Cornbelt 
is mostly inactive.  Not enough sales to establish an adequate market trend.  The 
last established market was last week. In Kansas, live sales sold at 123.00.  In 
Nebraska, live sales sold at 123.00 with dressed sales at 196.00.  Last week, in 
Colorado, live sales sold at 123.00.  In the Western Cornbelt, live sales sold from 
119.00 to 123.00.  Dressed sales sold at 196.00


Negotiated sales:
Confirmed:       5,169            Week ago:    3,362          Year ago:      837
Week to Date:    5,735            Week ago:   14,303          Year ago:    2,324

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      123.00- 123.00avg 123.00            -       avg
35 - 65% Choice      123.00- 123.00avg 123.00      123.00- 123.00avg 123.00
0 - 35% Choice             -       avg                   -       avg
Total all grades     123.00- 123.00avg 123.00      123.00- 123.00avg 123.00

Dressed basis              Steers                        Heifers
Over 80% Choice            -       avg             196.00- 196.00avg 196.00
65 - 80% Choice            -       avg                   -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades           -       avg             196.00- 196.00avg 196.00


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

Beef Type:                   Domestic:
Head count priced today:        22,700
Weighted avg weight:               862
Weighted avg net price:         199.36

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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