Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Thu Jul 24, 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:      41,606            Week ago:   16,945          Year ago:    5,583

Week to Date:   78,351            Week ago:   90,356          Year ago:   22,653



NEGOTIATED GRID BASE:

Confirmed:       2,629            Week ago:    2,756          Year ago:    1,971

Week to Date:    7,953            Week ago:   10,470          Year ago:   11,853





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    6,289     63.7   1,225-1,500  1,429.8  158.00-165.00  162.92

 65 - 80% Choice    7,207     63.2   1,240-1,500  1,393.1  159.00-165.00  162.44

 35 - 65% Choice      770     62.9   1,250-1,400  1,332.5  161.50-163.00  162.16

  0 - 35% Choice                          -                      -

 Total all grades  14,266     63.4   1,225-1,500  1,406.0  158.00-165.00  162.63

STEER - DRESSED - DELIVERED

 Over 80% Choice    3,572     64.1     774-972      921.8  252.00-260.00  256.64

 65 - 80% Choice    5,951     64.0     774-983      920.5  252.00-262.00  257.24

 35 - 65% Choice      405     62.4     852-950      911.5  253.00-260.00  256.74

  0 - 35% Choice                          -                      -

 Total all grades   9,928     63.9     774-983      920.6  252.00-262.00  257.01

HEIFER - LIVE - FOB

 Over 80% Choice    4,328     63.9   1,100-1,465  1,305.6  156.00-165.00  163.58

 65 - 80% Choice    1,439     63.0   1,200-1,375  1,272.9  160.00-163.00  162.26

 35 - 65% Choice    1,194     62.6   1,075-1,300  1,153.5  161.50-163.00  161.95

  0 - 35% Choice                          -                      -

 Total all grades   6,961     63.5   1,075-1,465  1,272.7  156.00-165.00  163.03

HEIFER - DRESSED - DELIVERED

 Over 80% Choice    1,177     64.6     771-915      827.9  253.00-257.00  256.47

 65 - 80% Choice    1,164     63.5     736-950      870.0  252.00-262.00  258.63

 35 - 65% Choice      588     62.6     790-950      901.8  254.00-260.00  258.32

  0 - 35% Choice                          -                      -

 Total all grades   2,929     63.8     736-950      859.5  252.00-262.00  257.70

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      357     63.3   1,175-1,350  1,276.9  158.00-162.00  160.89

 65 - 80% Choice    1,179     62.9   1,200-1,350  1,292.1  155.00-163.00  160.25

 35 - 65% Choice      936     62.5   1,100-1,350  1,226.9  160.00-163.00  161.14

  0 - 35% Choice                          -                      -

 Total all grades   2,472     62.8   1,100-1,350  1,265.2  155.00-163.00  160.68

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      357     63.5     787-950      850.9  252.00-260.00  255.94

 65 - 80% Choice      339     62.7     718-950      867.3  252.00-260.00  256.60

 35 - 65% Choice      470     62.0     950-950      950.0  260.00-260.00  260.00

  0 - 35% Choice                          -                      -

 Total all grades   1,166     62.7     718-950      895.6  252.00-260.00  257.77

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades  23,699     63.4   1,075-1,500  1,352.2  155.00-165.00  162.55

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades  14,023     63.8     718-983      905.8  252.00-262.00  257.21

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       76     61.0   1,275-1,275  1,275.0  148.00-148.00  148.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      76     61.0   1,275-1,275  1,275.0  148.00-148.00  148.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice      858     61.5     869-891      891.1  245.00-248.50  248.39

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     858     61.5     869-891      891.1  245.00-248.50  248.39

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      237     63.0     882-911      894.4  255.00-257.00  255.99

 65 - 80% Choice      212     63.3     787-867      819.4  244.00-257.00  252.05

 35 - 65% Choice      200     63.2     775-775      775.7  248.00-248.00  248.00

  0 - 35% Choice                          -                      -

 Total all grades     649     63.2     775-911      833.3  244.00-257.00  252.24

HEIFER - LIVE - FOB

 No Reportable Trade.

HEIFER - DRESSED - DELIVERED

 Over 80% Choice       52     64.0     752-752      752.0  256.00-259.00  258.31

 65 - 80% Choice      288     62.6     744-884      847.7  254.00-257.00  256.74

 35 - 65% Choice       89     62.6     806-821      809.9  256.50-257.00  256.63

  0 - 35% Choice                          -                      -

 Total all grades     429     62.8     744-884      828.2  254.00-259.00  256.90

MIXED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      274     63.2     768-834      814.3  254.00-256.00  255.40

 65 - 80% Choice      336     63.0     775-850      812.2  250.00-257.00  255.29

 35 - 65% Choice      282     62.1     765-950      860.0  246.00-256.00  251.34

  0 - 35% Choice                          -                      -

 Total all grades     892     62.8     765-950      828.0  246.00-257.00  254.07

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   1,970     62.9     744-950      829.8  244.00-259.00  254.09

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       36     61.2   1,385-1,385  1,385.0  152.00-152.00  152.00

  0 - 35% Choice                          -                      -

 Total all grades      36     61.2   1,385-1,385  1,385.0  152.00-152.00  152.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      190     62.7     800-800      800.1  252.00-252.00  252.00

  0 - 35% Choice                          -                      -

 Total all grades     190     62.7     800-800      800.1  252.00-252.00  252.00

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      307     67.0     817-828      826.8  245.00-245.00  245.00

  0 - 35% Choice                          -                      -

 Total all grades     307     67.0     817-828      826.8  245.00-245.00  245.00



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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