Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Thu May 29, 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:      17,265            Week ago:   36,539          Year ago:      850

Week to Date:   94,989            Week ago:   61,122          Year ago:    2,825



NEGOTIATED GRID BASE:

Confirmed:       2,049            Week ago:    2,978          Year ago:    1,171

Week to Date:    7,636            Week ago:    8,841          Year ago:    6,360





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    1,494     62.6   1,350-1,410  1,385.6  144.00-146.25  145.07

 65 - 80% Choice    2,030     63.2   1,250-1,400  1,333.0  143.00-146.25  144.68

 35 - 65% Choice      697     62.5   1,200-1,375  1,235.0  142.00-145.00  143.79

  0 - 35% Choice       55     62.0   1,300-1,300  1,300.0  141.00-141.00  141.00

 Total all grades   4,276     62.9   1,200-1,410  1,335.0  141.00-146.25  144.63

STEER - DRESSED - DELIVERED

 Over 80% Choice    1,214     63.3     819-913      875.3  230.00-238.00  232.42

 65 - 80% Choice    2,435     63.1     834-950      874.5  230.00-233.00  231.61

 35 - 65% Choice      360     64.5     870-870      870.8  230.00-230.00  230.00

  0 - 35% Choice                          -                      -

 Total all grades   4,009     63.3     819-950      874.4  230.00-238.00  231.71

HEIFER - LIVE - FOB

 Over 80% Choice    1,473     63.2   1,150-1,325  1,255.7  144.00-145.50  144.79

 65 - 80% Choice      975     63.3   1,150-1,325  1,212.0  143.00-146.00  144.96

 35 - 65% Choice      797     62.5   1,085-1,300  1,172.0  141.00-145.00  142.88

  0 - 35% Choice                          -                      -

 Total all grades   3,245     63.0   1,085-1,325  1,222.0  141.00-146.00  144.37

HEIFER - DRESSED - DELIVERED

 Over 80% Choice      388     63.5     746-880      781.4  228.00-232.00  231.14

 65 - 80% Choice    1,186     63.3     756-950      810.2  230.00-232.00  231.93

 35 - 65% Choice       45     62.0     950-950      950.0  233.00-233.00  233.00

  0 - 35% Choice                          -                      -

 Total all grades   1,619     63.3     746-950      807.2  228.00-233.00  231.77

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      290     62.9   1,225-1,350  1,253.7  144.00-147.00  145.06

 65 - 80% Choice      647     62.6   1,150-1,375  1,290.0  143.00-146.00  144.91

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     937     62.7   1,150-1,375  1,278.8  143.00-147.00  144.95

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      568     62.6     751-882      838.6  230.00-232.00  231.51

 65 - 80% Choice      555     63.1     787-950      818.1  230.00-232.00  231.24

 35 - 65% Choice      442     63.1     790-838      833.6  230.00-232.00  230.19

  0 - 35% Choice                          -                      -

 Total all grades   1,565     62.9     751-950      829.9  230.00-232.00  231.04

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   8,458     62.9   1,085-1,410  1,285.4  141.00-147.00  144.56

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   7,193     63.2     746-950      849.6  228.00-238.00  231.58

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       80     60.3   1,275-1,365  1,331.3  130.00-130.00  130.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      80     60.3   1,275-1,365  1,331.3  130.00-130.00  130.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -



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

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

STEER - DRESSED - DELIVERED

 Over 80% Choice      364     63.2     803-957      836.2  230.00-234.00  232.35

 65 - 80% Choice      643     62.8     806-876      846.1  232.00-232.00  232.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades   1,007     63.0     803-957      842.5  230.00-234.00  232.13

HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

HEIFER - DRESSED - DELIVERED

 Over 80% Choice       99     62.6     756-821      791.3  232.00-234.00  232.85

 65 - 80% Choice      342     61.8     682-803      754.3  230.00-232.00  231.01

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     441     62.0     682-821      762.6  230.00-234.00  231.42

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      297     62.7     742-866      804.7  232.00-236.00  234.48

 65 - 80% Choice      265     62.7     671-950      781.3  230.00-233.00  231.89

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     562     62.7     671-950      793.7  230.00-236.00  233.26

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   2,010     62.7     671-957      811.3  230.00-236.00  232.29

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       28     61.4     717-717      717.8  233.00-233.00  233.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      28     61.4     717-717      717.8  233.00-233.00  233.00



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

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