Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Fri Jul 11, 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:       3,702            Week ago:                   Year ago:   12,425

Week to Date:  100,466            Week ago:  108,773          Year ago:   22,006



NEGOTIATED GRID BASE:

Confirmed:       1,803            Week ago:                   Year ago:    4,556

Week to Date:   23,518            Week ago:   12,574          Year ago:   17,064





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      537     64.3   1,200-1,450  1,378.8  152.00-155.00  154.68

 65 - 80% Choice      171     64.8   1,250-1,400  1,364.9  155.00-155.00  155.00

 35 - 65% Choice      491     63.4   1,150-1,245  1,188.3  155.00-155.00  155.00

  0 - 35% Choice                          -                      -

 Total all grades   1,199     64.0   1,150-1,450  1,298.8  152.00-155.00  154.86

STEER - DRESSED - DELIVERED

 Over 80% Choice      894     62.4     793-843      812.4  242.00-247.00  245.56

 65 - 80% Choice      282     62.3     759-828      804.0  244.00-245.00  244.43

 35 - 65% Choice      149     64.0     880-880      880.0  245.00-245.00  245.00

  0 - 35% Choice                          -                      -

 Total all grades   1,325     62.6     759-880      818.2  242.00-247.00  245.26

HEIFER - LIVE - FOB

 Over 80% Choice      292     64.2   1,250-1,300  1,284.6  153.00-155.00  154.38

 65 - 80% Choice                          -                      -

 35 - 65% Choice      235     63.5   1,055-1,090  1,069.6  155.00-155.00  155.00

  0 - 35% Choice                          -                      -

 Total all grades     527     63.9   1,055-1,300  1,188.7  153.00-155.00  154.66

HEIFER - DRESSED - DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      124     64.2   1,225-1,375  1,324.2  154.00-156.00  155.32

 65 - 80% Choice      117     63.5   1,225-1,225  1,225.0  154.00-154.00  154.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     241     63.8   1,225-1,375  1,276.0  154.00-156.00  154.68

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       72     62.0     775-775      775.0  245.00-245.00  245.00

 65 - 80% Choice       42     63.5     874-874      874.4  244.00-244.00  244.00

 35 - 65% Choice      190     61.0     950-950      950.0  246.00-246.00  246.00

  0 - 35% Choice                          -                      -

 Total all grades     304     61.6     775-950      898.1  244.00-246.00  245.49

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   1,967     64.0   1,055-1,450  1,266.5  152.00-156.00  154.78

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   1,629     62.4     759-950      833.1  242.00-247.00  245.30

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      106     60.3   1,275-1,375  1,323.1  142.00-144.50  143.08

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     106     60.3   1,275-1,375  1,323.1  142.00-144.50  143.08

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 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 - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       48     63.5   1,300-1,300  1,300.0  153.00-153.00  153.00

  0 - 35% Choice       45     63.0   1,250-1,250  1,250.0  153.00-153.00  153.00

 Total all grades      93     63.3   1,250-1,300  1,275.8  153.00-153.00  153.00

STEER - DRESSED - DELIVERED

 Over 80% Choice      322     62.3     808-875      865.2  245.00-250.00  246.23

 65 - 80% Choice      193     63.1     787-909      890.4  243.00-246.00  243.47

 35 - 65% Choice       18     63.5     725-725      725.0  243.00-243.00  243.00

  0 - 35% Choice                          -                      -

 Total all grades     533     62.6     725-909      869.6  243.00-250.00  245.12

HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      336     63.1   1,175-1,225  1,210.7  153.00-154.00  153.29

  0 - 35% Choice                          -                      -

 Total all grades     336     63.1   1,175-1,225  1,210.7  153.00-154.00  153.29

HEIFER - DRESSED - DELIVERED

 Over 80% Choice       74     66.1     794-794      794.2  252.00-252.00  252.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      74     66.1     794-794      794.2  252.00-252.00  252.00

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      340     63.0   1,200-1,300  1,226.5  153.00-155.00  153.94

  0 - 35% Choice                          -                      -

 Total all grades     340     63.0   1,200-1,300  1,226.5  153.00-155.00  153.94

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       28     61.8     775-799      785.5  242.00-248.00  245.43

 35 - 65% Choice      130     62.0     750-781      760.7  242.00-243.00  242.35

  0 - 35% Choice                          -                      -

 Total all grades     158     62.0     750-799      765.1  242.00-248.00  242.89

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades     769     63.1   1,175-1,300  1,225.6  153.00-155.00  153.54

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     765     62.8     725-909      840.7  242.00-252.00  245.32

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       88     59.8     775-775      775.0  241.00-241.00  241.00

 65 - 80% Choice       39     58.5     825-825      825.0  237.00-237.00  237.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     127     59.4     775-825      790.4  237.00-241.00  239.77

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       42     65.8     754-754      754.9  239.00-239.00  239.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      42     65.8     754-754      754.9  239.00-239.00  239.00



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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