Advice and Tips

TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156

St Joseph, MO    Mon May 19, 2014    USDA Market News



TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES

For Week Ending Sunday, 5/18/2014



Thursday trading was limited on light demand. For the week live sales, with a light

test, sold steady to 2.00 lower from 144.00 to 146.00.



NEGOTIATED CASH:

Confirmed for the week: 1,450    Week ago: 2,611    Year ago: 8,865

NEGOTIATED GRID BASE:

Confirmed for the week: 6,198    Week ago: 9,469    Year ago: 7,380



                             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                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       691   63.4  1,040-1,240  1,176  144.00-146.00  144.74

  0 - 35% Choice                        -                    -

 Total all grades      691   63.4  1,040-1,240  1,176  144.00-146.00  144.74

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 No Reportable Trade.

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                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       693   63.4  1,000-1,180  1,087  144.00-145.00  144.52

  0 - 35% Choice                        -                    -

 Total all grades      693   63.4  1,000-1,180  1,087  144.00-145.00  144.52

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 No Reportable Trade.

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                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        66   63.0  1,250-1,250  1,250  145.00-145.00  145.00

  0 - 35% Choice                        -                    -

 Total all grades       66   63.0  1,250-1,250  1,250  145.00-145.00  145.00

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 No Reportable Trade.

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            1,450   63.3  1,000-1,250  1,137  144.00-146.00  144.65



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED                      -                    -



 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

 No Reportable Trade.

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

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        86   63.0  1,250-1,350  1,273  144.00-145.00  144.23

  0 - 35% Choice                        -                    -

 Total all grades       86   63.0  1,250-1,350  1,273  144.00-145.00  144.23

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice       132   65.6    832-832      833  230.50-230.50  230.50

 65 - 80% Choice       636   65.3    760-844      784  230.50-231.10  230.57

 35 - 65% Choice     1,446   64.1    750-831      793  229.00-236.00  230.92

  0 - 35% Choice                        -                    -

 Total all grades    2,214   64.5    750-844      793  229.00-236.00  230.79

STEERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       373   63.7    775-825      796  228.00-234.00  231.47

  0 - 35% Choice                        -                    -

 Total all grades      373   63.7    775-825      796  228.00-234.00  231.47





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

HEIFERS: LIVE FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       140   63.7  1,230-1,325  1,264  145.00-146.00  145.64

  0 - 35% Choice                        -                    -

 Total all grades      140   63.7  1,230-1,325  1,264  145.00-146.00  145.64

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice       237   64.5    725-725      726  230.50-230.50  230.50

 65 - 80% Choice                        -                    -

 35 - 65% Choice        60   63.5    775-775      775  229.00-229.00  229.00

  0 - 35% Choice                        -                    -

 Total all grades      297   64.3    725-775      736  229.00-230.50  230.20

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                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice     1,141   63.3  1,175-1,350  1,227  144.00-146.00  144.61

  0 - 35% Choice                        -                    -

 Total all grades    1,141   63.3  1,175-1,350  1,227  144.00-146.00  144.61

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice        45   63.5    800-800      800  237.00-237.00  237.00

 35 - 65% Choice       392   63.2    750-800      778  230.00-237.00  232.72

  0 - 35% Choice                        -                    -

 Total all grades      437   63.2    750-800      780  230.00-237.00  233.16

MIXED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       550   64.2    800-825      806  228.00-228.00  228.00

  0 - 35% Choice                        -                    -

 Total all grades      550   64.2    800-825      806  228.00-228.00  228.00





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB            1,367   63.3  1,175-1,350  1,234  144.00-146.00  144.69



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   2,948   64.3    725-844      785  229.00-237.00  231.08



 DRESSED FOB           923   64.0    775-825      802  228.00-234.00  229.40





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

DAIRYBRED STEER/HEIFERS: LIVE FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice       625   61.0  1,350-1,375  1,367  135.00-136.00  135.77

 35 - 65% Choice       300   61.9  1,375-1,395  1,386  135.00-135.00  135.00

  0 - 35% Choice                        -                    -

 Total all grades      925   61.3  1,350-1,395  1,373  135.00-136.00  135.52

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 No Reportable Trade.

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.





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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