Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Fri Jul 18, 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:       3,775            Week ago:    3,702          Year ago:   34,964

Week to Date:  106,586            Week ago:  100,466          Year ago:   44,268



NEGOTIATED GRID BASE:

Confirmed:       3,237            Week ago:    1,803          Year ago:    6,468

Week to Date:   18,824            Week ago:   23,518          Year ago:   16,470





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      728     63.8   1,350-1,450  1,409.8  156.00-157.00  156.89

 65 - 80% Choice      139     62.9   1,292-1,350  1,325.4  154.00-155.00  154.42

 35 - 65% Choice       63     63.5   1,350-1,350  1,350.0  155.00-155.00  155.00

  0 - 35% Choice                          -                      -

 Total all grades     930     63.7   1,292-1,450  1,393.1  154.00-157.00  156.39

STEER - DRESSED - DELIVERED

 Over 80% Choice      523     63.3     850-900      872.0  246.00-246.00  246.00

 65 - 80% Choice       82     63.0     850-850      850.0  247.50-247.50  247.50

 35 - 65% Choice       42     62.5     859-859      859.4  247.00-247.00  247.00

  0 - 35% Choice                          -                      -

 Total all grades     647     63.2     850-900      868.4  246.00-247.50  246.26

HEIFER - LIVE - FOB

 Over 80% Choice       42     64.0   1,200-1,200  1,200.0  156.00-156.00  156.00

 65 - 80% Choice      170     64.7   1,135-1,140  1,137.1  155.00-155.00  155.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     212     64.6   1,135-1,200  1,149.6  155.00-156.00  155.20

HEIFER - DRESSED - DELIVERED

 No reportable trade.

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      126     63.2   1,325-1,350  1,332.1  155.50-156.00  155.86

 65 - 80% Choice       70     63.7   1,285-1,285  1,285.0  155.00-155.00  155.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     196     63.4   1,285-1,350  1,315.3  155.00-156.00  155.55

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       40     62.0     775-775      775.0  244.00-244.00  244.00

 35 - 65% Choice      977     62.0     950-950      950.0  248.00-248.00  248.00

  0 - 35% Choice                          -                      -

 Total all grades   1,017     62.0     775-950      943.1  244.00-248.00  247.84

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   1,338     63.8   1,135-1,450  1,343.1  154.00-157.00  156.08

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   1,664     62.5     775-950      914.1  244.00-248.00  247.23

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       39     61.0   1,350-1,350  1,350.0  146.25-146.25  146.25

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      39     61.0   1,350-1,350  1,350.0  146.25-146.25  146.25

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice      140     58.7     837-837      837.2  238.00-238.00  238.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice       11     62.0     836-836      836.6  234.00-234.00  234.00

 Total all grades     151     58.9     836-837      837.2  234.00-238.00  237.71

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       41     62.1   1,075-1,075  1,075.0  150.00-150.00  150.00

  0 - 35% Choice       90     62.3   1,075-1,075  1,075.0  153.00-153.00  153.00

 Total all grades     131     62.2   1,075-1,075  1,075.0  150.00-153.00  152.06

STEER - DRESSED - DELIVERED

 Over 80% Choice       40     63.0     819-819      819.0  248.00-248.00  248.00

 65 - 80% Choice      354     63.3     800-882      845.8  246.00-248.00  247.11

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     394     63.3     800-882      843.0  246.00-248.00  247.20

HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       48     63.0   1,200-1,200  1,200.0  155.00-155.00  155.00

  0 - 35% Choice                          -                      -

 Total all grades      48     63.0   1,200-1,200  1,200.0  155.00-155.00  155.00

HEIFER - DRESSED - DELIVERED

 No reportable trade.

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      849     63.1   1,100-1,300  1,233.3  152.50-155.00  153.74

  0 - 35% Choice       90     63.0   1,225-1,225  1,225.0  153.00-153.00  153.00

 Total all grades     939     63.1   1,100-1,300  1,232.5  152.50-155.00  153.67

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       40     61.1     793-793      793.6  250.00-250.00  250.00

 65 - 80% Choice      116     61.7     747-775      765.4  245.00-246.00  245.34

 35 - 65% Choice      369     61.5     750-950      851.2  243.00-250.00  245.98

  0 - 35% Choice                          -                      -

 Total all grades     525     61.5     747-950      827.8  243.00-250.00  246.14

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   1,118     63.0   1,075-1,300  1,212.7  150.00-155.00  153.54

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     919     62.3     747-950      834.4  243.00-250.00  246.60

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice      390     61.0   1,375-1,375  1,375.0  146.00-146.00  146.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     390     61.0   1,375-1,375  1,375.0  146.00-146.00  146.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       20     60.0     795-795      795.0  246.00-246.00  246.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      20     60.0     795-795      795.0  246.00-246.00  246.00

MIXED STEER/HEIFER/COW - LIVE - FOB

 No reportable trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice       44     62.3     740-740      740.5  238.50-238.50  238.50

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      44     62.3     740-740      740.5  238.50-238.50  238.50



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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