Advice and Tips

TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156

St Joseph, MO    Mon Jul 14, 2014    USDA Market News



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

For Week Ending Sunday, 7/13/2014



On Thursday trading was slow on light demand. For the week live sales sold 2.00 to

3.00 lower from 155.00 to 156.00.



NEGOTIATED CASH:

Confirmed for the week: 2,308    Week ago: 1,359    Year ago: 4,957

NEGOTIATED GRID BASE:

Confirmed for the week: 6,358    Week ago: 5,429    Year ago: 7,239



                             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        70   64.6  1,246-1,250  1,248  155.00-155.00  155.00

 35 - 65% Choice     1,350   63.3  1,150-1,375  1,262  155.00-156.00  155.36

  0 - 35% Choice                        -                    -

 Total all grades    1,420   63.4  1,150-1,375  1,261  155.00-156.00  155.34

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        53   64.3  1,070-1,070  1,070  155.00-155.00  155.00

 35 - 65% Choice       710   63.2  1,055-1,165  1,108  155.00-156.00  155.39

  0 - 35% Choice                        -                    -

 Total all grades      763   63.3  1,055-1,165  1,105  155.00-156.00  155.36

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        90   63.0  1,200-1,200  1,200  155.00-155.00  155.00

  0 - 35% Choice                        -                    -

 Total all grades       90   63.0  1,200-1,200  1,200  155.00-155.00  155.00

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            2,273   63.3  1,055-1,375  1,206  155.00-156.00  155.34



 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   61.5  1,350-1,350  1,350  147.50-147.50  147.50

 35 - 65% Choice                        -                    -

  0 - 35% Choice                        -                    -

 Total all grades       35   61.5  1,350-1,350  1,350  147.50-147.50  147.50

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       240   63.3  1,225-1,300  1,260  153.00-155.00  153.81

  0 - 35% Choice       140   63.3  1,250-1,250  1,250  153.00-153.00  153.00

 Total all grades      380   63.3  1,225-1,300  1,256  153.00-155.00  153.51

STEERS: LIVE DELIVERED

 No Reportable Trade.

STEERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       352   65.3    794-850      808  243.00-249.00  244.61

 35 - 65% Choice       384   64.8    725-798      777  243.00-248.00  245.66

  0 - 35% Choice                        -                    -

 Total all grades      736   65.1    725-850      792  243.00-249.00  245.15

STEERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       363   63.9    775-896      834  244.00-250.75  247.29

  0 - 35% Choice                        -                    -

 Total all grades      363   63.9    775-896      834  244.00-250.75  247.29





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       681   63.3  1,150-1,250  1,200  153.00-157.50  154.09

  0 - 35% Choice                        -                    -

 Total all grades      681   63.3  1,150-1,250  1,200  153.00-157.50  154.09

HEIFERS: LIVE DELIVERED

 No Reportable Trade.

HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice       260   62.9    768-806      791  247.00-249.00  248.25

 35 - 65% Choice       109   63.7    750-870      765  244.00-249.00  244.64

  0 - 35% Choice                        -                    -

 Total all grades      369   63.1    750-870      784  244.00-249.00  247.18

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       888   63.1  1,175-1,300  1,235  153.00-155.00  153.94

  0 - 35% Choice       520   63.5  1,200-1,300  1,276  153.00-153.00  153.00

 Total all grades    1,408   63.2  1,175-1,300  1,251  153.00-155.00  153.59

MIXED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

MIXED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice        42   64.0    816-816      816  248.00-248.00  248.00

 65 - 80% Choice                        -                    -

 35 - 65% Choice       507   63.5    750-800      792  242.00-245.50  244.05

  0 - 35% Choice        42   63.5    775-775      775  243.00-243.00  243.00

 Total all grades      591   63.5    750-816      792  242.00-248.00  244.25

MIXED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice       603   63.9    800-825      812  242.00-244.00  242.57

  0 - 35% Choice                        -                    -

 Total all grades      603   63.9    800-825      812  242.00-244.00  242.57





Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg

                     Count   Pct      Range       Wt       Range       Price

ALL BEEF TYPE STEERS AND HEIFERS

 LIVE FOB            2,469   63.2  1,150-1,300  1,238  153.00-157.50  153.72



 LIVE DELIVERED                         -                    -



 DRESSED DELIVERED   1,696   64.1    725-870      790  242.00-249.00  245.28



 DRESSED FOB           966   63.9    775-896      820  242.00-250.75  244.35





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       145   61.0  1,350-1,350  1,350  145.00-145.00  145.00

 35 - 65% Choice       985   61.5  1,325-1,385  1,356  146.00-147.00  146.30

  0 - 35% Choice                        -                    -

 Total all grades    1,130   61.5  1,325-1,385  1,356  145.00-147.00  146.14

DAIRYBRED STEER/HEIFERS: LIVE DELIVERED

 No Reportable Trade.

DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        40   61.0    850-850      850  236.00-236.00  236.00

  0 - 35% Choice                        -                    -

 Total all grades       40   61.0    850-850      850  236.00-236.00  236.00

DAIRYBRED STEER/HEIFERS: DRESSED FOB

 Over 80% Choice                        -                    -

 65 - 80% Choice                        -                    -

 35 - 65% Choice        57   61.5    850-850      850  236.00-236.00  236.00

  0 - 35% Choice                        -                    -

 Total all grades       57   61.5    850-850      850  236.00-236.00  236.00





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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