Advice and Tips

Direct Slaughter Cattle - Negotiated Purchases - Summary



LM_CT115

St Joseph, MO    Fri Sep 19, 2014    USDA Market News Service



NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary

Roundup for: Thursday, 09/18/2014



   Trading was mostly inactive in all regions Thursday on light demand. A

limited number of cattle in Iowa-Minnesota traded at 153.50-154.00 live, and

244.00-246.00 dressed, but not enough for an adequate market test. The latest

established market in all regions was last Friday with live sales in the Texas

Panhandle and Kansas at 161.00-162.00. Live sales in Nebraska were at 163.00,

with dressed sales at 248.00-250.00. Live sales in Colorado were at 163.00. Live

sales in Iowa-Minnesota were at 158.00-160.00 and dressed sales at 248.00-250.00.



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:       3,849            Week ago:   13,063          Year ago:    2,896

Week to Date:    5,965            Week ago:   16,431          Year ago:    6,241



NEGOTIATED GRID BASE:

Confirmed:       1,597            Week ago:    1,805          Year ago:    2,234

Week to Date:    5,756            Week ago:    4,941          Year ago:   10,157





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      299     63.6   1,300-1,490  1,433.7  153.50-159.00  155.16

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     299     63.6   1,300-1,490  1,433.7  153.50-159.00  155.16

STEER - DRESSED - DELIVERED

 Over 80% Choice      282     63.2     784-928      878.3  245.00-246.00  245.29

 65 - 80% Choice      396     63.6     903-903      903.1  245.00-245.00  245.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     678     63.4     784-928      892.8  245.00-246.00  245.12

HEIFER - LIVE - FOB

 Over 80% Choice      715     63.7   1,375-1,375  1,375.0  153.75-153.75  153.75

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     715     63.7   1,375-1,375  1,375.0  153.75-153.75  153.75

HEIFER - DRESSED - DELIVERED

 Over 80% Choice      451     63.1     784-825      817.4  246.00-246.00  246.00

 65 - 80% Choice      393     64.2     796-861      834.0  244.00-244.00  244.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     844     63.6     784-861      825.1  244.00-246.00  245.07

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice       71     63.6   1,375-1,465  1,420.6  154.00-156.00  154.99

 65 - 80% Choice      123     63.5   1,325-1,325  1,325.0  154.00-154.00  154.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     194     63.5   1,325-1,465  1,360.0  154.00-156.00  154.36

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice      124     62.9     797-847      813.2  244.00-245.00  244.68

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     124     62.9     797-847      813.2  244.00-245.00  244.68

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades   1,208     63.6   1,300-1,490  1,387.1  153.50-159.00  154.20

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   1,646     63.5     784-928      852.1  244.00-246.00  245.06

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice      105     60.0   1,375-1,375  1,375.0  147.00-147.00  147.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     105     60.0   1,375-1,375  1,375.0  147.00-147.00  147.00

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice       66     61.4     823-868      838.7  245.00-245.00  245.00

 65 - 80% Choice      415     60.9     820-854      838.9  240.00-240.00  240.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     481     60.9     820-868      838.9  240.00-245.00  240.69

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       82     60.4     775-787      776.8  245.00-246.00  245.15

 65 - 80% Choice       92     60.9     823-870      829.6  248.00-249.00  248.87

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     174     60.7     775-870      804.7  245.00-249.00  247.11

HEIFER - LIVE - FOB

 No Reportable Trade.

HEIFER - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice      161     64.5     903-903      903.0  249.00-249.00  249.00

  0 - 35% Choice                          -                      -

 Total all grades     161     64.5     903-903      903.0  249.00-249.00  249.00

MIXED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      184     63.3     769-826      790.0  247.00-252.00  248.11

 65 - 80% Choice      194     62.3     744-825      781.6  244.00-252.00  245.28

 35 - 65% Choice      102     63.2     765-899      824.5  246.00-252.00  249.18

  0 - 35% Choice                          -                      -

 Total all grades     480     62.9     744-899      793.9  244.00-252.00  247.19

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades                         -                      -

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades     815     62.7     744-903      817.8  244.00-252.00  247.53

DAIRYBRED STEER/HEIFER - LIVE - FOB

 No Reportable Trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      156     60.5     775-812      782.9  243.00-246.00  245.00

 65 - 80% Choice       29     61.0     825-825      825.0  245.00-245.00  245.00

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     185     60.6     775-825      789.5  243.00-246.00  245.00

MIXED STEER/HEIFER/COW - LIVE - FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice       46     61.8     848-848      848.3  246.00-246.00  246.00

  0 - 35% Choice                          -                      -

 Total all grades      46     61.8     848-848      848.3  246.00-246.00  246.00



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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