Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Wed Jul 09, 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:       1,230            Week ago:    3,184          Year ago:      794

Week to Date:    3,657            Week ago:    5,651          Year ago:    3,441



NEGOTIATED GRID BASE:

Confirmed:       1,312            Week ago:    1,101          Year ago:    1,711

Week to Date:    4,297            Week ago:    4,348          Year ago:    7,497





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      265     63.8   1,400-1,400  1,400.0  155.00-158.00  157.60

 65 - 80% Choice       55     63.5   1,350-1,350  1,350.0  157.00-157.00  157.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     320     63.7   1,350-1,400  1,391.4  155.00-158.00  157.50

STEER - DRESSED - DELIVERED

 Over 80% Choice      140     64.0     850-850      850.0  248.00-248.00  248.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     140     64.0     850-850      850.0  248.00-248.00  248.00

HEIFER - LIVE - FOB

 Over 80% Choice       42     64.0   1,175-1,175  1,175.0  157.50-157.50  157.50

 65 - 80% Choice      367     63.6   1,225-1,225  1,225.0  157.00-157.00  157.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     409     63.6   1,175-1,225  1,219.9  157.00-157.50  157.05

HEIFER - DRESSED - DELIVERED

 Over 80% Choice       40     63.0     750-750      750.0  245.00-245.00  245.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      40     63.0     750-750      750.0  245.00-245.00  245.00

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice       20     64.5   1,225-1,225  1,225.0  158.00-158.00  158.00

 65 - 80% Choice       41     63.5   1,075-1,075  1,075.0  155.00-155.00  155.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      61     63.8   1,075-1,225  1,124.2  155.00-158.00  155.98

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       32     63.0     800-800      800.0  246.00-246.00  246.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      32     63.0     800-800      800.0  246.00-246.00  246.00

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades     790     63.7   1,075-1,400  1,282.0  155.00-158.00  157.15

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     212     63.7     750-850      823.6  245.00-248.00  247.13

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice       56     60.5   1,450-1,450  1,450.0  144.00-144.00  144.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      56     60.5   1,450-1,450  1,450.0  144.00-144.00  144.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       83     61.8     736-877      795.2  230.00-242.00  234.29

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      83     61.8     736-877      795.2  230.00-242.00  234.29

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

 Over 80% Choice      395     62.9   1,453-1,453  1,453.0  155.00-155.00  155.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     395     62.9   1,453-1,453  1,453.0  155.00-155.00  155.00

STEER - DRESSED - DELIVERED

 Over 80% Choice       71     62.0     784-859      819.1  248.00-252.00  250.14

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      71     62.0     784-859      819.1  248.00-252.00  250.14

HEIFER - LIVE - FOB

 Over 80% Choice       88     62.9   1,304-1,304  1,304.0  155.00-155.00  155.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      88     62.9   1,304-1,304  1,304.0  155.00-155.00  155.00

HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       65     62.0     775-775      775.0  245.00-245.00  245.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      65     62.0     775-775      775.0  245.00-245.00  245.00

MIXED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      149     62.8     766-825      805.6  236.00-250.00  244.69

 65 - 80% Choice      321     63.2     744-869      831.8  243.00-250.00  244.93

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     470     63.1     744-869      823.5  236.00-250.00  244.86

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades     483     62.9   1,304-1,453  1,425.9  155.00-155.00  155.00

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     606     62.9     744-869      817.8  236.00-252.00  245.49

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       72     60.0     780-780      780.0  245.00-245.00  245.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      72     60.0     780-780      780.0  245.00-245.00  245.00

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice       35     64.9     794-794      794.0  240.00-240.00  240.00

 65 - 80% Choice       81     62.4     869-869      869.2  241.50-241.50  241.50

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     116     63.2     794-869      846.5  240.00-241.50  241.05



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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