Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Thu Jul 03, 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:      15,657            Week ago:      916          Year ago:     none

Week to Date:  108,773            Week ago:    3,718          Year ago:   20,207



NEGOTIATED GRID BASE:

Confirmed:       2,339            Week ago:    1,393          Year ago:     none

Week to Date:   12,574            Week ago:    9,536          Year ago:   12,764





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    1,121     63.1   1,300-1,430  1,380.9  154.00-159.00  158.57

 65 - 80% Choice    4,772     62.4   1,250-1,450  1,392.1  154.50-159.00  158.51

 35 - 65% Choice      954     62.2   1,330-1,425  1,414.5  158.00-159.00  158.99

  0 - 35% Choice                          -                      -

 Total all grades   6,847     62.5   1,250-1,450  1,393.4  154.00-159.00  158.59

STEER - DRESSED - DELIVERED

 Over 80% Choice      450     65.0     915-915      915.2  250.00-250.00  250.00

 65 - 80% Choice      887     64.1     842-952      916.9  248.00-250.00  249.72

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades   1,337     64.4     842-952      916.3  248.00-250.00  249.81

HEIFER - LIVE - FOB

 Over 80% Choice      570     63.4   1,170-1,365  1,266.9  156.50-159.00  158.17

 65 - 80% Choice    2,435     62.6   1,175-1,400  1,284.0  158.00-159.00  158.93

 35 - 65% Choice      618     63.2   1,200-1,225  1,210.8  159.00-159.00  159.00

  0 - 35% Choice                          -                      -

 Total all grades   3,623     62.8   1,170-1,400  1,268.8  156.50-159.00  158.82

HEIFER - DRESSED - DELIVERED

 Over 80% Choice      434     63.9     756-832      812.6  248.00-250.00  249.58

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     434     63.9     756-832      812.6  248.00-250.00  249.58

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      888     62.8   1,190-1,350  1,280.2  155.50-159.00  158.42

 65 - 80% Choice      947     62.7   1,250-1,400  1,353.5  156.00-159.00  158.38

 35 - 65% Choice      458     62.8   1,300-1,350  1,320.0  158.00-159.00  158.93

  0 - 35% Choice                          -                      -

 Total all grades   2,293     62.8   1,190-1,400  1,318.5  155.50-159.00  158.50

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       43     63.5     774-774      774.7  250.00-250.00  250.00

 65 - 80% Choice      192     63.0     743-950      862.1  248.00-250.00  249.60

 35 - 65% Choice       21     62.0     950-950      950.0  250.00-250.00  250.00

  0 - 35% Choice                          -                      -

 Total all grades     256     63.0     743-950      854.6  248.00-250.00  249.70

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades  12,763     62.7   1,170-1,450  1,344.6  154.00-159.00  158.64

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   2,027     64.1     743-952      886.3  248.00-250.00  249.75

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       70     61.5   1,350-1,350  1,350.0  148.50-148.50  148.50

  0 - 35% Choice                          -                      -

 Total all grades      70     61.5   1,350-1,350  1,350.0  148.50-148.50  148.50

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       95     61.3     770-840      795.8  236.00-242.00  237.89

 65 - 80% Choice       15     59.0     796-796      796.5  240.00-240.00  240.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     110     61.0     770-840      795.9  236.00-242.00  238.18

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      578     62.7     771-913      848.4  247.00-250.00  249.44

 65 - 80% Choice       65     62.7     834-925      891.6  235.00-250.00  240.54

 35 - 65% Choice       38     63.0     819-819      819.0  250.00-250.00  250.00

  0 - 35% Choice                          -                      -

 Total all grades     681     62.7     771-925      850.8  235.00-250.00  248.62

HEIFER - LIVE - FOB

 No Reportable Trade.

HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       54     62.0     868-868      868.0  250.00-250.00  250.00

  0 - 35% Choice                          -                      -

 Total all grades      54     62.0     868-868      868.0  250.00-250.00  250.00

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       94     63.2   1,300-1,324  1,310.2  154.00-154.00  154.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      94     63.2   1,300-1,324  1,310.2  154.00-154.00  154.00

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      198     63.5     780-809      807.7  248.00-250.00  249.87

 65 - 80% Choice       73     62.2     736-806      765.0  240.00-248.00  244.71

 35 - 65% Choice      918     60.1     819-950      944.6  250.00-250.00  250.00

  0 - 35% Choice                          -                      -

 Total all grades   1,189     60.8     736-950      910.8  240.00-250.00  249.65

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades      94     63.2   1,300-1,324  1,310.2  154.00-154.00  154.00

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   1,924     61.5     736-950      888.4  235.00-250.00  249.30

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       27     58.0     652-652      652.5  245.00-245.00  245.00

 35 - 65% Choice       13     58.0     652-652      652.5  245.00-245.00  245.00

  0 - 35% Choice                          -                      -

 Total all grades      40     58.0     652-652      652.5  245.00-245.00  245.00

MIXED STEER/HEIFER/COW - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       42     63.7   1,357-1,357  1,357.0  152.00-152.00  152.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      42     63.7   1,357-1,357  1,357.0  152.00-152.00  152.00

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice      166     65.2     772-782      779.9  234.00-244.00  241.65

 65 - 80% Choice                          -                      -

 35 - 65% Choice       40     63.0     749-749      749.4  230.00-230.00  230.00

  0 - 35% Choice                          -                      -

 Total all grades     206     64.8     749-782      774.0  230.00-244.00  239.39



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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