Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Wed May 28, 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:       4,325            Week ago:    5,467          Year ago:       84

Week to Date:   10,015            Week ago:    6,887          Year ago:    1,295



NEGOTIATED GRID BASE:

Confirmed:         637            Week ago:    1,150          Year ago:    1,153

Week to Date:    1,386            Week ago:    3,695          Year ago:    3,067





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                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      558     63.0   1,275-1,275  1,275.0  143.00-143.00  143.00

  0 - 35% Choice                          -                      -

 Total all grades     558     63.0   1,275-1,275  1,275.0  143.00-143.00  143.00

STEER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice    1,075     63.1     831-950      839.4  226.00-232.00  226.50

 35 - 65% Choice      424     62.2     950-950      950.0  232.00-232.00  232.00

  0 - 35% Choice                          -                      -

 Total all grades   1,499     62.9     831-950      870.7  226.00-232.00  228.05

HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice      319     63.0   1,175-1,225  1,211.2  143.00-143.00  143.00

 35 - 65% Choice      385     63.3   1,150-1,200  1,167.1  142.00-143.00  142.46

  0 - 35% Choice                          -                      -

 Total all grades     704     63.2   1,150-1,225  1,187.1  142.00-143.00  142.71

HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       85     60.0     950-950      950.0  232.00-232.00  232.00

  0 - 35% Choice                          -                      -

 Total all grades      85     60.0     950-950      950.0  232.00-232.00  232.00

MIXED STEER/HEIFER - LIVE - FOB

 No reportable trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice    1,173     63.1     950-950      950.0  232.00-232.00  232.00

  0 - 35% Choice                          -                      -

 Total all grades   1,173     63.1     950-950      950.0  232.00-232.00  232.00

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   1,262     63.1   1,150-1,275  1,226.0  142.00-143.00  142.84

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   2,757     62.9     831-950      906.9  226.00-232.00  229.85

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No reportable trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       17     62.0     859-859      859.4  228.00-228.00  228.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      17     62.0     859-859      859.4  228.00-228.00  228.00

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 - LIVE - FOB

 No reportable trade.

STEER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       11     59.0     695-695      695.6  230.00-230.00  230.00

  0 - 35% Choice                          -                      -

 Total all grades      11     59.0     695-695      695.6  230.00-230.00  230.00

HEIFER - LIVE - FOB

 No reportable trade.

HEIFER - DRESSED - DELIVERED

 Over 80% Choice       62     63.5     741-1,325  1,221.4  230.00-233.00  232.47

 65 - 80% Choice      113     63.3     803-1,430    975.2  233.00-233.68  233.49

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     175     63.4     741-1,430  1,062.5  230.00-233.68  233.13

MIXED STEER/HEIFER - LIVE - FOB

 No reportable trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      170     62.6     744-857      803.0  228.00-235.00  231.48

 65 - 80% Choice      130     62.0     738-834      770.4  229.00-236.00  230.87

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     300     62.3     738-857      788.9  228.00-236.00  231.22

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     486     62.6     695-1,430    885.3  228.00-236.00  231.88

DAIRYBRED STEER/HEIFER 

 No reportable trade.

MIXED STEER/HEIFER/COW - LIVE - FOB

 No reportable trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice       64     61.4     778-778      778.2  234.00-234.00  234.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice       45     59.2     792-792      792.3  234.00-234.00  234.00

  0 - 35% Choice                          -                      -

 Total all grades     109     60.5     778-792      784.0  234.00-234.00  234.00



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

1500C















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