Advice and Tips

NE Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT158

St Joseph, MO    Mon Jun 9, 2014     USDA Market News



NEBRASKA WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES

For Week Ending Sunday, 6/8/2014



On Thursday trading was slow on moderate demand. On Friday trading was moderate

to active on good demand. For the week live sales sold steady to 2.00 higher from

145.00 to 147.00. Dressed sales sold 1.00 to 2.00 higher from 232.00 to 233.00

with the bulk at 232.00.



NEGOTIATED CASH:

Confirmed for the week: 36,511   Week ago: 61,289   Year ago: 20,007

NEGOTIATED GRID BASE:

Confirmed for the week: 6,944    Week ago: 5,233    Year ago: 6,982



                             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     4,457   63.2  1,300-1,450  1,399  145.00-147.00  145.81

 65 - 80% Choice     8,100   63.3  1,225-1,450  1,386  145.00-147.00  145.77

 35 - 65% Choice     5,152   62.6  1,275-1,430  1,361  143.00-147.00  145.95

  0 - 35% Choice                        -                    -

 Total all grades   17,709   63.1  1,225-1,450  1,382  143.00-147.00  145.83

STEERS: LIVE DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       200   63.9  1,435-1,435  1,435  146.75-146.75  146.75

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      200   63.9  1,435-1,435  1,435  146.75-146.75  146.75

STEERS: DRESSED DELIVERED

 Over 80% Choice     2,041   63.6    850-950      896  228.00-233.00  231.96

 65 - 80% Choice     3,414   63.7    809-950      883  231.00-233.00  232.08

 35 - 65% Choice     1,182   63.0    819-950      919  231.00-234.00  232.74

  0 - 35% Choice                        -                    -

 Total all grades    6,637   63.6    809-950      893  228.00-234.00  232.16

STEERS: DRESSED FOB

 Over 80% Choice       494   63.3    819-889      849  233.00-233.50  233.28

 65 - 80% Choice                        -                    -

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      494   63.3    819-889      849  233.00-233.50  233.28





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

HEIFERS: LIVE FOB

 Over 80% Choice       219   63.6  1,285-1,350  1,330  146.50-147.00  146.77

 65 - 80% Choice     2,002   63.3  1,200-1,270  1,238  143.00-147.00  146.22

 35 - 65% Choice       755   62.5  1,250-1,250  1,250  146.50-146.50  146.50

  0 - 35% Choice                        -                    -

 Total all grades    2,976   63.1  1,200-1,350  1,248  143.00-147.00  146.33

HEIFERS: LIVE DELIVERED

 Over 80% Choice       630   64.4  1,305-1,305  1,305  146.75-146.75  146.75

 65 - 80% Choice                        -                    -

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      630   64.4  1,305-1,305  1,305  146.75-146.75  146.75

HEIFERS: DRESSED DELIVERED

 Over 80% Choice     1,054   63.7    766-950      814  232.00-233.00  232.08

 65 - 80% Choice     1,390   63.9    753-868      809  232.00-232.00  232.00

 35 - 65% Choice       565   62.8    882-950      940  232.00-233.00  232.85

  0 - 35% Choice                        -                    -

 Total all grades    3,009   63.6    753-950      835  232.00-233.00  232.19

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       466   62.8  1,200-1,375  1,275  144.00-146.50  145.60

 65 - 80% Choice       899   62.8  1,250-1,375  1,311  145.00-147.00  146.30

 35 - 65% Choice       508   62.9  1,230-1,350  1,274  143.00-147.00  144.23

  0 - 35% Choice                        -                    -

 Total all grades    1,873   62.8  1,200-1,375  1,292  143.00-147.00  145.57

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice       369   63.7    768-893      830  232.00-232.00  232.00

 65 - 80% Choice     1,325   64.8    819-950      915  232.00-233.00  232.43

 35 - 65% Choice     1,050   62.9    950-950      950  233.00-234.00  233.05

  0 - 35% Choice                        -                    -

 Total all grades    2,744   63.9    768-950      917  232.00-234.00  232.61

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           22,558   63.0  1,200-1,450  1,357  143.00-147.00  145.87



 LIVE DELIVERED        830   64.3  1,305-1,435  1,336  146.75-146.75  146.75



 DRESSED DELIVERED  12,390   63.7    753-950      885  228.00-234.00  232.27



 DRESSED FOB           494   63.3    819-889      849  233.00-233.50  233.28





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       239   60.0    822-825      823  220.00-228.00  222.71

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      239   60.0    822-825      823  220.00-228.00  222.71

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: LIVE FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COWS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER/COWS: DRESSED DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER/COWS: DRESSED FOB

 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     1,707   63.7    850-952      890  231.00-234.50  232.08

 65 - 80% Choice     1,532   63.4    834-913      869  231.00-232.00  231.90

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades    3,239   63.5    834-952      880  231.00-234.50  231.99

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       567   63.8    754-816      785  232.00-235.00  232.47

 65 - 80% Choice       542   62.9    724-884      788  232.00-234.50  233.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades    1,109   63.3    724-884      787  232.00-235.00  232.73

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       221   63.4    864-866      865  232.00-232.00  232.00

 65 - 80% Choice       694   63.2    803-882      856  232.00-232.00  232.00

 35 - 65% Choice     1,097   60.1    950-950      950  233.00-233.00  233.00

  0 - 35% Choice                        -                    -

 Total all grades    2,012   61.5    803-950      908  232.00-233.00  232.55

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   6,360   62.9    724-952      873  231.00-235.00  232.30



 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       333   60.5    825-825      825  226.00-232.00  228.45

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      333   60.5    825-825      825  226.00-232.00  228.45

DAIRYBRED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice        70   59.0    825-825      825  224.00-224.00  224.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades       70   59.0    825-825      825  224.00-224.00  224.00





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

MIXED STEER/HEIFER/COWS: LIVE FOB

 No Reportable Trade.

MIXED STEER/HEIFER/COWS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFER/COWS: DRESSED DELIVERED

 Over 80% Choice       181   64.2    797-797      797  231.00-231.00  231.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      181   64.2    797-797      797  231.00-231.00  231.00

MIXED STEER/HEIFER/COWS: DRESSED FOB

 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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