Slaughter Cattle Review - Afternoon

LM_CT131
St. Joseph, MO    Wed, March 13, 2013    USDA Market News Service

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

Thus far on Wednesday, negotiated cash trade was mostly inactive in all major feeding 
regions. Not enough sales for an adequate market trend.  The last established market 
was last week.  In the Southern Plains, live sales sold at 128.00.  In Nebraska, live 
sales sold at 128.00, with dressed sales selling mostly from 203.00 to 204.00.  In 
Colorado, live sales sold at 128.00 with a few dressed sales at 202.00.  In the 
Western Cornbelt, live sales sold from 126.00 to 128.00 with dressed sales mostly at 
203.00.  


Negotiated sales:
Confirmed:         619            Week ago:   22,050          Year ago:      460
Week to Date:    1,989            Week ago:   24,025          Year ago:    1,515

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

Dressed basis              Steers                        Heifers
Over 80% Choice      202.00- 202.00avg 202.00            -       avg
65 - 80% Choice            -       avg                   -       avg
35 - 65% Choice            -       avg                   -       avg
0 - 35% Choice             -       avg                   -       avg
Total all grades     202.00- 202.00avg 202.00            -       avg


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

Beef Type:                   Domestic:
Head count priced today:        14,800
Weighted avg weight:               865
Weighted avg net price:         204.34

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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