Advice and Tips

TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156

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



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

For Week Ending Sunday, 6/8/2014



Friday trading was moderate to active on good demand. For the week live sales sold

2.00 higher at 145.00.



NEGOTIATED CASH:

Confirmed for the week: 2,631    Week ago: 6,015    Year ago: 5,977

NEGOTIATED GRID BASE:

Confirmed for the week: 5,087    Week ago: 5,438    Year ago: 6,113



                             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     1,182   63.4  1,175-1,350  1,247  144.00-146.00  145.31

  0 - 35% Choice                        -                    -

 Total all grades    1,182   63.4  1,175-1,350  1,247  144.00-146.00  145.31

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   63.0  1,125-1,125  1,125  145.00-145.00  145.00

 35 - 65% Choice     1,317   63.2  1,100-1,200  1,152  145.00-146.00  145.26

  0 - 35% Choice                        -                    -

 Total all grades    1,352   63.1  1,100-1,200  1,151  145.00-146.00  145.25

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        36   62.8  1,450-1,450  1,450  145.00-145.00  145.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice        61   63.2  1,075-1,075  1,075  145.00-145.00  145.00

  0 - 35% Choice                        -                    -

 Total all grades       97   63.1  1,075-1,450  1,214  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            2,631   63.3  1,075-1,450  1,197  144.00-146.00  145.27



 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       273   63.2  1,300-1,325  1,317  144.00-144.00  144.00

  0 - 35% Choice       130   63.0  1,225-1,225  1,225  143.00-143.00  143.00

 Total all grades      403   63.1  1,225-1,325  1,287  143.00-144.00  143.68

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       264   65.4    753-753      754  226.00-226.00  226.00

 35 - 65% Choice        65   63.7    765-800      779  226.00-229.00  227.20

  0 - 35% Choice                        -                    -

 Total all grades      329   65.1    753-800      759  226.00-229.00  226.24

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       330   63.0  1,100-1,150  1,105  143.50-144.00  143.95

  0 - 35% Choice       140   64.5  1,225-1,225  1,225  143.00-143.00  143.00

 Total all grades      470   63.5  1,100-1,225  1,140  143.00-144.00  143.67

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       110   64.5    696-696      697  226.00-226.00  226.00

 35 - 65% Choice       615   64.1    768-800      786  228.50-233.50  232.40

  0 - 35% Choice                        -                    -

 Total all grades      725   64.1    696-800      772  226.00-233.50  231.43

HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       595   64.5    775-800      794  227.00-228.00  227.23

  0 - 35% Choice                        -                    -

 Total all grades      595   64.5    775-800      794  227.00-228.00  227.23





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       794   63.4  1,150-1,300  1,215  143.00-145.00  144.17

  0 - 35% Choice       245   63.1  1,100-1,225  1,149  143.00-143.00  143.00

 Total all grades    1,039   63.3  1,100-1,300  1,199  143.00-145.00  143.90

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       214   64.5    775-800      785  229.00-235.00  232.48

  0 - 35% Choice                        -                    -

 Total all grades      214   64.5    775-800      785  229.00-235.00  232.48

MIXED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       150   63.5    775-775      775  226.00-226.00  226.00

  0 - 35% Choice                        -                    -

 Total all grades      150   63.5    775-775      775  226.00-226.00  226.00





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB            1,912   63.3  1,100-1,325  1,203  143.00-145.00  143.79



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   1,268   64.4    696-800      771  226.00-235.00  230.26



 DRESSED FOB           745   64.3    775-800      790  226.00-228.00  226.98





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       130   61.0  1,350-1,350  1,350  136.00-136.00  136.00

 35 - 65% Choice       962   61.7  1,350-1,380  1,366  134.00-136.00  135.12

  0 - 35% Choice                        -                    -

 Total all grades    1,092   61.6  1,350-1,380  1,364  134.00-136.00  135.23

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice        70   60.0    825-825      825  225.00-225.00  225.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades       70   60.0    825-825      825  225.00-225.00  225.00

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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