Advice and Tips

TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156

St Joseph, MO    Mon Jun 16, 2014    USDA Market News



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

For Week Ending Sunday, 6/15/2014



Thursday trading was slow to moderate on good demand. Friday trading was inactive on

light demand. For the week live sales sold 2.00 higher at 147.00.



NEGOTIATED CASH:

Confirmed for the week: 1,920    Week ago: 2,631    Year ago: 2,838

NEGOTIATED GRID BASE:

Confirmed for the week: 5,891    Week ago: 5,087    Year ago: 5,847



                             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       484   63.3  1,250-1,325  1,284  147.00-148.00  147.41

  0 - 35% Choice                        -                    -

 Total all grades      484   63.3  1,250-1,325  1,284  147.00-148.00  147.41

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        22   63.0  1,280-1,280  1,280  147.00-147.00  147.00

 35 - 65% Choice       687   63.3  1,150-1,250  1,167  147.00-147.00  147.00

  0 - 35% Choice                        -                    -

 Total all grades      709   63.2  1,150-1,280  1,171  147.00-147.00  147.00

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       603   63.5  1,200-1,225  1,219  146.00-148.00  146.46

  0 - 35% Choice                        -                    -

 Total all grades      603   63.5  1,200-1,225  1,219  146.00-148.00  146.46

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            1,796   63.3  1,150-1,325  1,218  146.00-148.00  146.93



 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

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       124   61.5  1,300-1,325  1,317  132.50-137.50  135.97

  0 - 35% Choice                        -                    -

 Total all grades      124   61.5  1,300-1,325  1,317  132.50-137.50  135.97

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       207   63.1  1,200-1,300  1,280  147.00-147.00  147.00

  0 - 35% Choice                        -                    -

 Total all grades      207   63.1  1,200-1,300  1,280  147.00-147.00  147.00

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice        41   64.5    825-825      825  239.00-239.00  239.00

 35 - 65% Choice     1,139   64.3    750-868      801  225.00-239.00  230.18

  0 - 35% Choice                        -                    -

 Total all grades    1,180   64.3    750-868      802  225.00-239.00  230.48

STEERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        74   63.5    775-775      775  233.00-233.00  233.00

  0 - 35% Choice                        -                    -

 Total all grades       74   63.5    775-775      775  233.00-233.00  233.00





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       110   62.8  1,125-1,125  1,125  148.00-148.00  148.00

  0 - 35% Choice       165   62.5  1,175-1,175  1,175  146.00-146.00  146.00

 Total all grades      275   62.6  1,125-1,175  1,155  146.00-148.00  146.80

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       245   63.6    759-775      765  231.50-236.00  232.03

  0 - 35% Choice                        -                    -

 Total all grades      245   63.6    759-775      765  231.50-236.00  232.03

HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        88   63.0    750-750      750  239.00-239.00  239.00

  0 - 35% Choice                        -                    -

 Total all grades       88   63.0    750-750      750  239.00-239.00  239.00





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     1,336   63.1  1,125-1,300  1,219  142.00-148.00  145.97

  0 - 35% Choice       300   63.8  1,225-1,225  1,225  146.00-146.00  146.00

 Total all grades    1,636   63.2  1,125-1,300  1,220  142.00-148.00  145.97

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       555   63.5    775-800      790  233.00-239.00  236.00

  0 - 35% Choice                        -                    -

 Total all grades      555   63.5    775-800      790  233.00-239.00  236.00

MIXED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice     1,180   63.9    700-800      772  230.00-234.00  231.56

  0 - 35% Choice                        -                    -

 Total all grades    1,180   63.9    700-800      772  230.00-234.00  231.56





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB            2,118   63.1  1,125-1,300  1,218  142.00-148.00  146.18



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   1,980   64.0    750-868      794  225.00-239.00  232.22



 DRESSED FOB         1,342   63.8    700-800      771  230.00-239.00  232.13





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       363   61.8  1,300-1,360  1,344  138.00-138.00  138.00

  0 - 35% Choice                        -                    -

 Total all grades      363   61.8  1,300-1,360  1,344  138.00-138.00  138.00

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice        88   61.3    800-800      800  220.00-220.00  220.00

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades       88   61.3    800-800      800  220.00-220.00  220.00





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

 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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