Advice and Tips

TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156

St Joseph, MO    Mon Jun 2, 2014     USDA Market News



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

For Week Ending Sunday, 6/1/2014



On Wednesday trading was moderate with light to moderate demand. For the week live

sales sold steady to 1.00 lower at 143.00.



NEGOTIATED CASH:

Confirmed for the week: 6,015    Week ago: 2,695    Year ago: 9,483

NEGOTIATED GRID BASE:

Confirmed for the week: 5,438    Week ago: 6,776    Year ago: 3,572



                             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     2,821   63.0  1,200-1,325  1,250  143.00-144.50  143.18

  0 - 35% Choice                        -                    -

 Total all grades    2,821   63.0  1,200-1,325  1,250  143.00-144.50  143.18

STEERS: LIVE DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       315   64.0  1,320-1,320  1,320  143.00-143.00  143.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades      315   64.0  1,320-1,320  1,320  143.00-143.00  143.00

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       161   63.3  1,150-1,250  1,178  143.00-143.00  143.00

 35 - 65% Choice     2,225   63.2  1,085-1,270  1,131  143.00-144.50  143.09

  0 - 35% Choice                        -                    -

 Total all grades    2,386   63.2  1,085-1,270  1,134  143.00-144.50  143.09

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       180   63.5  1,200-1,200  1,200  143.00-143.00  143.00

 35 - 65% Choice        83   63.2  1,220-1,220  1,220  143.00-143.00  143.00

  0 - 35% Choice                        -                    -

 Total all grades      263   63.4  1,200-1,220  1,206  143.00-143.00  143.00

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            5,470   63.1  1,085-1,325  1,197  143.00-144.50  143.13



 LIVE DELIVERED        315   64.0  1,320-1,320  1,320  143.00-143.00  143.00



 DRESSED DELIVERED                      -                    -



 DRESSED FOB                            -                    -





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                        -                    -

 35 - 65% Choice       230   61.5  1,375-1,375  1,375  133.50-133.50  133.50

  0 - 35% Choice                        -                    -

 Total all grades      230   61.5  1,375-1,375  1,375  133.50-133.50  133.50

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        95   63.5  1,225-1,225  1,225  143.00-143.00  143.00

  0 - 35% Choice                        -                    -

 Total all grades       95   63.5  1,225-1,225  1,225  143.00-143.00  143.00

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice       150   64.2    770-770      770  231.00-231.00  231.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice       420   64.6    733-800      761  227.00-228.00  227.58

  0 - 35% Choice                        -                    -

 Total all grades      570   64.5    733-800      764  227.00-231.00  228.48

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       245   63.2  1,150-1,200  1,168  142.50-143.00  142.82

  0 - 35% Choice                        -                    -

 Total all grades      245   63.2  1,150-1,200  1,168  142.50-143.00  142.82

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       303   64.2    719-786      766  233.00-233.00  233.00

  0 - 35% Choice                        -                    -

 Total all grades      303   64.2    719-786      766  233.00-233.00  233.00

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     1,340   63.4  1,175-1,275  1,238  141.00-143.00  142.21

  0 - 35% Choice       530   63.4  1,175-1,200  1,198  141.00-143.00  142.81

 Total all grades    1,870   63.4  1,175-1,275  1,226  141.00-143.00  142.38

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       210   63.5    800-800      800  234.00-234.00  234.00

 35 - 65% Choice       537   63.9    775-800      798  226.00-234.00  230.07

  0 - 35% Choice                        -                    -

 Total all grades      747   63.8    775-800      799  226.00-234.00  231.18

MIXED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice       190   62.5    775-775      775  232.00-232.00  232.00

 35 - 65% Choice       568   63.7    775-800      782  225.00-233.00  228.22

  0 - 35% Choice                        -                    -

 Total all grades      758   63.4    775-800      780  225.00-233.00  229.17





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB            2,210   63.4  1,150-1,275  1,220  141.00-143.00  142.45



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   1,620   64.1    719-800      780  226.00-234.00  230.57



 DRESSED FOB           758   63.4    775-800      780  225.00-233.00  229.17





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        24   62.0  1,380-1,380  1,380  133.00-133.00  133.00

 35 - 65% Choice       791   61.6  1,350-1,375  1,362  133.00-135.00  134.30

  0 - 35% Choice                        -                    -

 Total all grades      815   61.6  1,350-1,380  1,362  133.00-135.00  134.26

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice        35   62.3    826-826      826  223.00-223.00  223.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades       35   62.3    826-826      826  223.00-223.00  223.00

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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