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Direct Slaughter Cattle - Negotiated Purchases - Summary



LM_CT115

St Joseph, MO    Fri Oct 24, 2014    USDA Market News Service



NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary

Roundup for: Thursday, 10/23/2014



     Trading was active in the Texas Panhandle and Kansas Thursday for the

limited number of available supplies with good demand. Compared to last week,

a light test of live sales traded 6.00 higher at mostly 170.00. In Nebraska,

trading was moderate on good demand. Compared to last week, live sales traded

mostly 6.00 higher with the bulk of the trade at 170.00. A few dressed sales

traded at mostly 265.00 but not enough to establish a market. Trading was

limited in Colorado with a few live sales 5.00 to 5.50 higher than last week

at 170.00. Trading was moderate in Iowa-Minnesota on good demand. Compared to

last week, early live sales ranged from 166.00-170.00, with the bulk trending

4.00 higher at 167.00-168.00. The dressed trade was not well established but

early sales traded at mostly 264.00-265.00. The 170.00 price point broke

records again in all regions.



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:      48,356            Week ago:   13,068          Year ago:   11,270

Week to Date:   52,069            Week ago:   96,254          Year ago:  119,371



NEGOTIATED GRID BASE:

Confirmed:       3,569            Week ago:    1,924          Year ago:    6,698

Week to Date:    7,057            Week ago:    9,903          Year ago:   18,782





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    5,650     63.4   1,300-1,550  1,482.6  162.50-172.00  168.01

 65 - 80% Choice    6,818     63.4   1,140-1,550  1,435.1  160.00-170.00  168.50

 35 - 65% Choice    2,209     63.4   1,200-1,500  1,350.7  166.00-170.00  169.95

  0 - 35% Choice                          -                      -

 Total all grades  14,677     63.4   1,140-1,550  1,440.7  160.00-172.00  168.53

STEER - DRESSED - DELIVERED

 Over 80% Choice    2,387     63.3     825-1,014    929.1  260.00-268.00  264.22

 65 - 80% Choice    1,773     63.5     819-968      922.0  262.00-265.00  264.08

 35 - 65% Choice      458     63.2     850-932      899.1  260.00-265.00  262.78

  0 - 35% Choice       80     63.0     961-961      961.0  265.00-265.00  265.00

 Total all grades   4,698     63.4     819-1,014    924.0  260.00-268.00  264.04

HEIFER - LIVE - FOB

 Over 80% Choice    3,742     63.3   1,200-1,400  1,317.7  165.00-170.00  168.27

 65 - 80% Choice    4,898     63.6   1,200-1,500  1,308.0  167.00-170.00  169.34

 35 - 65% Choice    2,084     63.2   1,065-1,350  1,166.9  170.00-170.00  170.00

  0 - 35% Choice                          -                      -

 Total all grades  10,724     63.4   1,065-1,500  1,284.0  165.00-170.00  169.10

HEIFER - DRESSED - DELIVERED

 Over 80% Choice    1,274     63.6     762-939      835.9  260.00-265.00  264.46

 65 - 80% Choice    1,472     63.5     728-918      845.0  262.00-265.00  264.44

 35 - 65% Choice       11     62.5     828-828      828.1  264.00-264.00  264.00

  0 - 35% Choice                          -                      -

 Total all grades   2,757     63.5     728-939      840.7  260.00-265.00  264.45

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice    1,894     63.1   1,235-1,525  1,383.9  164.00-170.00  167.83

 65 - 80% Choice    3,658     63.5   1,165-1,460  1,337.5  165.00-170.00  169.78

 35 - 65% Choice    1,285     62.9   1,225-1,500  1,320.6  168.00-170.00  169.82

  0 - 35% Choice                          -                      -

 Total all grades   6,837     63.2   1,165-1,525  1,347.2  164.00-170.00  169.25

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      760     63.5     787-897      853.5  258.00-265.00  263.99

 65 - 80% Choice      762     63.1     737-951      848.2  258.00-265.00  263.71

 35 - 65% Choice      240     64.2     912-912      912.4  265.00-265.00  265.00

  0 - 35% Choice                          -                      -

 Total all grades   1,762     63.4     737-951      859.2  258.00-265.00  264.01

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades  32,238     63.4   1,065-1,550  1,368.7  160.00-172.00  168.87

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   9,217     63.4     728-1,014    886.7  258.00-268.00  264.15

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice       36     60.5   1,279-1,279  1,279.0  155.00-155.00  155.00

 65 - 80% Choice      120     61.2   1,450-1,450  1,450.0  155.00-155.00  155.00

 35 - 65% Choice      146     59.7   1,350-1,350  1,350.0  156.00-158.00  157.32

  0 - 35% Choice                          -                      -

 Total all grades     302     60.4   1,279-1,450  1,381.3  155.00-158.00  156.12

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      128     60.3     775-884      795.8  244.00-257.00  254.45

 65 - 80% Choice      110     60.7     795-876      824.9  245.00-258.00  251.68

 35 - 65% Choice      103     60.0     885-885      885.0  250.00-250.00  250.00

  0 - 35% Choice                          -                      -

 Total all grades     341     60.4     775-885      832.1  244.00-258.00  252.21

MIXED STEER/HEIFER/COW - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -



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      304     62.6   1,350-1,400  1,376.5  168.00-170.00  169.23

  0 - 35% Choice                          -                      -

 Total all grades     304     62.6   1,350-1,400  1,376.5  168.00-170.00  169.23

STEER - DRESSED - DELIVERED

 Over 80% Choice      296     62.6     793-897      860.7  256.00-265.00  262.37

 65 - 80% Choice       40     61.0     793-793      793.0  260.00-260.00  260.00

 35 - 65% Choice       89     64.5     903-903      903.0  275.25-275.25  275.25

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

 Total all grades     472     62.7     769-903      862.5  255.50-275.25  264.09

HEIFER - LIVE - FOB

 Over 80% Choice      177     62.6   1,165-1,270  1,245.1  163.00-163.00  163.00

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     177     62.6   1,165-1,270  1,245.1  163.00-163.00  163.00

HEIFER - DRESSED - DELIVERED

 Over 80% Choice      383     63.0     735-850      781.2  260.00-272.00  267.18

 65 - 80% Choice      197     64.0     848-848      848.0  256.00-256.00  256.00

 35 - 65% Choice      165     64.4     774-834      800.4  271.50-275.25  273.61

  0 - 35% Choice                          -                      -

 Total all grades     745     63.6     735-850      803.1  256.00-275.25  265.65

MIXED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      535     63.1     750-900      828.8  256.00-267.00  263.17

 65 - 80% Choice      339     62.8     765-904      831.7  258.00-265.00  262.60

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades     874     63.0     750-904      829.9  256.00-267.00  262.95

ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB

 Total all grades     481     62.6   1,165-1,400  1,328.1  163.00-170.00  166.94

ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED

 Total all grades   2,091     63.1     735-904      827.7  255.50-275.25  264.17

DAIRYBRED STEER/HEIFER - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED

 Over 80% Choice      257     59.8     775-884      823.3  247.00-265.00  255.14

 65 - 80% Choice      111     58.9     774-825      793.0  252.00-258.00  255.78

 35 - 65% Choice       15     58.0     754-754      754.0  252.00-252.00  252.00

  0 - 35% Choice                          -                      -

 Total all grades     383     59.5     754-884      811.8  247.00-265.00  255.20

MIXED STEER/HEIFER/COW - LIVE - FOB

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED

 Over 80% Choice                          -                      -

 65 - 80% Choice                          -                      -

 35 - 65% Choice                          -                      -

  0 - 35% Choice                          -                      -

 Total all grades                         -                      -



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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