Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Afternoon



LM_CT114

St Joseph, MO    Thu Oct 23, 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:         590            Week ago:    8,978          Year ago:    4,344

Week to Date:    4,207            Week ago:   92,164          Year ago:  112,445



NEGOTIATED GRID BASE:

Confirmed:         194            Week ago:      918          Year ago:    2,856

Week to Date:    3,682            Week ago:    8,897          Year ago:   14,940





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       38     63.5   1,300-1,300  1,300.0  162.50-162.50  162.50

 65 - 80% Choice      194     63.3   1,140-1,350  1,282.9  163.00-168.00  164.77

 35 - 65% Choice       26     63.5   1,350-1,350  1,350.0  166.00-166.00  166.00

  0 - 35% Choice                          -                      -

 Total all grades     258     63.3   1,140-1,350  1,292.2  162.50-168.00  164.56

STEER - DRESSED - DELIVERED

 No Reportable Trade.

HEIFER - LIVE - FOB

 Over 80% Choice       82     64.0   1,200-1,200  1,200.0  167.00-167.00  167.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      82     64.0   1,200-1,200  1,200.0  167.00-167.00  167.00

HEIFER - DRESSED - DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice       43     63.7   1,400-1,400  1,400.0  165.00-165.00  165.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      43     63.7   1,400-1,400  1,400.0  165.00-165.00  165.00

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       14     63.5     841-841      841.4  258.00-258.00  258.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      14     63.5     841-841      841.4  258.00-258.00  258.00

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades     383     63.5   1,140-1,400  1,284.6  162.50-168.00  165.13

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades      14     63.5     841-841      841.4  258.00-258.00  258.00

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       14     62.0     847-847      847.4  244.00-244.00  244.00

 65 - 80% Choice       40     60.6     806-806      806.0  252.00-252.00  252.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      54     61.0     806-847      816.7  244.00-252.00  249.93

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 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                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice       47     60.9     769-896      856.1  255.50-261.00  257.26

 Total all grades      47     60.9     769-896      856.1  255.50-261.00  257.26

HEIFER - LIVE - FOB

 No Reportable Trade.

HEIFER - DRESSED - DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       31     64.0     784-784      784.0  256.00-256.00  256.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades      31     64.0     784-784      784.0  256.00-256.00  256.00

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades      78     62.1     769-896      827.4  255.50-261.00  256.76

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      102     59.0     775-862      822.8  247.00-257.00  252.84

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     102     59.0     775-862      822.8  247.00-257.00  252.84

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 No Reportable Trade.



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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