Advice and Tips

NE Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT158

St Joseph, MO    Mon May 12, 2014    USDA Market News



NEBRASKA WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES

For Week Ending Sunday, 5/11/2014



Friday trading and demand were moderate. For the week live sales sold steady to

2.00 higher from 148.00 to 150.00 with the bulk at 149.00. Dressed sales sold

steady to 3.00 lower from 235.00 to 238.00 with the bulk from 236.00 to 237.00.



NEGOTIATED CASH:

Confirmed for the week: 33,686   Week ago: 43,971   Year ago: 22,064

NEGOTIATED GRID BASE:

Confirmed for the week: 3,709    Week ago: 2,641    Year ago: 1,997



                             NEGOTIATED CASH PRICES

             (Includes all transactions regardless of delivery day)



Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

STEERS: LIVE FOB

 Over 80% Choice     2,684   63.0  1,225-1,420  1,354  148.00-150.00  149.12

 65 - 80% Choice     5,450   63.2  1,225-1,425  1,347  147.00-150.00  148.91

 35 - 65% Choice       273   62.3  1,325-1,420  1,360  148.00-149.00  148.37

  0 - 35% Choice                        -                    -

 Total all grades    8,407   63.1  1,225-1,425  1,350  147.00-150.00  148.96

STEERS: LIVE DELIVERED

 Over 80% Choice       400   63.8  1,447-1,447  1,447  149.00-149.00  149.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      400   63.8  1,447-1,447  1,447  149.00-149.00  149.00

STEERS: DRESSED DELIVERED

 Over 80% Choice     2,494   63.6    819-986      899  235.00-238.00  237.10

 65 - 80% Choice     6,004   63.4    771-933      864  235.00-238.00  236.82

 35 - 65% Choice     2,267   63.7    838-897      859  235.00-238.00  236.31

  0 - 35% Choice                        -                    -

 Total all grades   10,765   63.5    771-986      871  235.00-238.00  236.78

STEERS: DRESSED FOB

 No reportable trade.





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

HEIFERS: LIVE FOB

 Over 80% Choice     1,105   62.7  1,185-1,325  1,249  148.00-149.00  148.62

 65 - 80% Choice     2,934   63.2  1,085-1,290  1,213  148.00-150.00  148.93

 35 - 65% Choice       298   63.0  1,150-1,275  1,209  150.00-150.00  150.00

  0 - 35% Choice                        -                    -

 Total all grades    4,337   63.0  1,085-1,325  1,222  148.00-150.00  148.93

HEIFERS: LIVE DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       210   62.7  1,173-1,173  1,173  149.00-149.00  149.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      210   62.7  1,173-1,173  1,173  149.00-149.00  149.00

HEIFERS: DRESSED DELIVERED

 Over 80% Choice     1,610   63.6    750-936      824  235.00-238.00  236.25

 65 - 80% Choice     1,567   63.3    708-936      786  235.00-238.00  236.46

 35 - 65% Choice       122   63.0    756-756      756  238.00-238.00  238.00

  0 - 35% Choice                        -                    -

 Total all grades    3,299   63.4    708-936      804  235.00-238.00  236.42

HEIFERS: DRESSED FOB

 No reportable trade.





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

MIXED STEER/HEIFERS: LIVE FOB

 Over 80% Choice       490   62.9  1,200-1,375  1,310  147.50-150.00  148.96

 65 - 80% Choice     2,011   63.4  1,225-1,350  1,315  148.00-150.00  149.48

 35 - 65% Choice        84   62.7  1,220-1,220  1,220  148.00-148.00  148.00

  0 - 35% Choice                        -                    -

 Total all grades    2,585   63.3  1,200-1,375  1,311  147.50-150.00  149.33

MIXED STEER/HEIFERS: LIVE DELIVERED

 No reportable trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice       429   63.2    745-829      790  235.00-237.00  236.33

 65 - 80% Choice       653   63.1    764-950      824  236.00-238.00  237.42

 35 - 65% Choice     2,263   63.1    756-950      929  237.00-238.00  237.91

  0 - 35% Choice                        -                    -

 Total all grades    3,345   63.1    745-950      891  235.00-238.00  237.61

MIXED STEER/HEIFERS: DRESSED FOB

 No reportable trade.





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB           15,329   63.1  1,085-1,425  1,307  147.00-150.00  149.01



 LIVE DELIVERED        610   63.4  1,173-1,447  1,353  149.00-149.00  149.00



 DRESSED DELIVERED  17,409   63.4    708-986      862  235.00-238.00  236.87



 DRESSED FOB                            -                    -





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

DAIRYBRED STEER/HEIFERS: LIVE FOB

 No reportable trade.

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No reportable trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       320   60.1    833-866      846  226.00-228.00  226.75

 35 - 65% Choice        18   61.0    838-838      839  227.00-227.00  227.00

  0 - 35% Choice                        -                    -

 Total all grades      338   60.1    833-866      845  226.00-228.00  226.76

DAIRYBRED STEER/HEIFERS: DRESSED FOB

 No reportable trade.



Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

MIXED STEER/HEIFER/COWS:

 No reportable trade.



 NEGOTIATED GRID BASE PRICES:  Final Net Prices Shown on LM_CT109 and LM_CT151

                                 Formula Reports



Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

STEERS: LIVE FOB

 No reportable trade.

STEERS: LIVE DELIVERED

 No reportable trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice     1,755   62.6    775-883      830  237.00-240.00  237.91

 65 - 80% Choice       579   62.8    794-882      860  237.00-240.00  238.33

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades    2,334   62.7    775-883      837  237.00-240.00  238.01

STEERS: DRESSED FOB

 No reportable trade.



Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

HEIFERS: LIVE FOB

 No reportable trade.

HEIFERS: LIVE DELIVERED

 No reportable trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice        40   63.0    787-787      788  237.00-237.00  237.00

 65 - 80% Choice       268   63.0    750-807      778  237.00-239.50  237.41

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      308   63.0    750-807      779  237.00-239.50  237.36

HEIFERS: DRESSED FOB

 No reportable trade.





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

MIXED STEER/HEIFERS: LIVE FOB

 No reportable trade.

MIXED STEER/HEIFERS: LIVE DELIVERED

 No reportable trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice        90   63.6    832-911      872  236.00-238.00  237.11

 65 - 80% Choice       377   62.8    756-882      815  236.00-240.00  237.22

 35 - 65% Choice       600   60.0    950-950      950  238.00-238.00  238.00

  0 - 35% Choice                        -                    -

 Total all grades    1,067   61.3    756-950      896  236.00-240.00  237.65

MIXED STEER/HEIFERS: DRESSED FOB

 No reportable trade.



Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB                               -                    -



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   3,709   62.3    750-950      849  236.00-240.00  237.85



 DRESSED FOB                            -                    -





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

DAIRYBRED STEER/HEIFERS: 

 No reportable trade.





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

MIXED STEER/HEIFER/COWS:

 No reportable trade.





FOB prices based on net weights FOB the feedyard after a 3-4% shrink.

Delivered prices based on hot carcass weights delivered to the plant.



Sources:    USDA Market News Service, St. Joseph, MO

            816-676-7000    email:  stjoe.lpgmn@usda.gov

            http://www.ams.usda.gov/LSMarketNews



1000C













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