Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Tue May 27, 2014    USDA Market News Service



NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon

Trade so far today



Domestic source only. Live sales based on net weights FOB the feedlot after a

3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.



NEGOTIATED CASH:

Confirmed:       5,669            Week ago:      200          Year ago:      244

Week to Date:    5,669            Week ago:      572          Year ago:      244



NEGOTIATED GRID BASE:

Confirmed:         210            Week ago:       61          Year ago:      881

Week to Date:      210            Week ago:      907          Year ago:      881





NEGOTIATED CASH SALES

(Includes all transactions regardless of delivery day)



                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg

                    Count   Dress Pct    Range     Weight      Range      Price

STEER - LIVE - FOB

 Over 80% Choice       38     64.5   1,300-1,300  1,300.0  148.50-148.50  148.50

 65 - 80% Choice                          -                      -

 35 - 65% Choice    3,940     62.0   1,400-1,400  1,400.0  143.00-143.00  143.00

  0 - 35% Choice                          -                      -

 Total all grades   3,978     62.0   1,300-1,400  1,399.0  143.00-148.50  143.05

STEER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice      109     63.0     913-913      913.5  232.00-232.00  232.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     109     63.0     913-913      913.5  232.00-232.00  232.00

HEIFER - LIVE - FOB

 Over 80% Choice      144     64.0   1,250-1,250  1,250.0  144.50-144.50  144.50

 65 - 80% Choice                          -                      -

 35 - 65% Choice      886     62.0   1,250-1,250  1,250.0  143.00-143.00  143.00

  0 - 35% Choice                          -                      -

 Total all grades   1,030     62.3   1,250-1,250  1,250.0  143.00-144.50  143.21

HEIFER - DRESSED - DELIVERED

 No reportable trade.

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice       55     64.7   1,275-1,275  1,275.0  149.00-149.00  149.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      55     64.7   1,275-1,275  1,275.0  149.00-149.00  149.00

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      240     63.0     819-819      819.0  230.00-230.00  230.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     240     63.0     819-819      819.0  230.00-230.00  230.00

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   5,063     62.1   1,250-1,400  1,367.4  143.00-149.00  143.15

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     349     63.0     819-913      848.5  230.00-232.00  230.62

DAIRYBRED STEER/HEIFER 

 No reportable trade.

MIXED STEER/HEIFER/COW 

 No reportable trade.



NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND

SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT

(Includes all transactions regardless of delivery day)



                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg

                    Count   Dress Pct    Range     Weight      Range      Price

STEER 

 No reportable trade.

HEIFER 

 No reportable trade.

MIXED STEER/HEIFER 

 No reportable trade.

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades                         -                      -

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No reportable trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      140     62.3     826-826      826.0  223.00-223.00  223.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     140     62.3     826-826      826.0  223.00-223.00  223.00

MIXED STEER/HEIFER/COW 

 No reportable trade.



NATIONAL - All States



Source:    USDA Market News Service, St. Joseph, MO

         816-676-7000    email:  stjoe.lpgmn@usda.gov

           http://www.ams.usda.gov/LSMarketNews

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