Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Mon Feb 25, 2013    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning
Primarily trade from previous afternoon

Domestic source only. Live sales based on net weights FOB the feedlot after a
3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed:      52,960            Week ago:      857          Year ago:   76,779
Week to Date:   94,702            Week ago:   64,398          Year ago:  104,047

NEGOTIATED GRID BASE:
Confirmed:       5,988            Week ago:    1,678          Year ago:    9,055
Week to Date:   29,325            Week ago:   21,197          Year ago:   19,911


NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice    1,288     63.1   1,300-1,590  1,469.8  122.00-125.00  123.88
 65 - 80% Choice    5,428     63.6   1,275-1,525  1,410.2  121.00-126.50  124.44
 35 - 65% Choice    7,107     63.6   1,170-1,475  1,337.8  124.00-125.00  124.94
  0 - 35% Choice                          -                      -
 Total all grades  13,823     63.6   1,170-1,590  1,378.5  121.00-126.50  124.64
STEER - DRESSED - DELIVERED
 Over 80% Choice    3,361     62.8     787-979      923.5  196.00-198.00  197.86
 65 - 80% Choice    5,012     63.0     750-968      896.1  196.00-201.00  197.89
 35 - 65% Choice    3,167     62.2     787-889      845.2  196.00-198.00  197.82
  0 - 35% Choice                          -                      -
 Total all grades  11,540     62.7     750-979      890.1  196.00-201.00  197.86
HEIFER - LIVE - FOB
 Over 80% Choice    1,058     63.5   1,160-1,400  1,315.9  123.00-126.00  124.21
 65 - 80% Choice    3,849     63.6   1,100-1,330  1,264.4  123.00-126.00  124.81
 35 - 65% Choice    2,813     63.6   1,050-1,300  1,189.4  124.00-125.00  124.98
  0 - 35% Choice                          -                      -
 Total all grades   7,720     63.6   1,050-1,400  1,244.1  123.00-126.00  124.79
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    2,327     62.9     750-939      823.3  198.00-199.00  198.09
 65 - 80% Choice    4,640     62.9     720-942      809.2  197.00-199.00  197.87
 35 - 65% Choice    3,518     63.8     681-830      735.2  197.50-198.00  197.60
  0 - 35% Choice                          -                      -
 Total all grades  10,485     63.2     681-942      787.5  197.00-199.00  197.83
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      324     63.8   1,200-1,475  1,394.3  124.00-126.00  124.66
 65 - 80% Choice      854     63.6   1,125-1,325  1,210.0  122.00-125.00  124.37
 35 - 65% Choice    2,698     63.5   1,100-1,425  1,275.7  124.00-125.00  124.99
  0 - 35% Choice                          -                      -
 Total all grades   3,876     63.6   1,100-1,475  1,271.1  122.00-126.00  124.83
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      433     62.5     828-960      882.0  197.00-198.00  197.91
 65 - 80% Choice    1,159     62.1     716-926      846.0  196.00-198.00  197.29
 35 - 65% Choice      418     62.0     759-950      816.6  192.00-198.00  196.42
  0 - 35% Choice                          -                      -
 Total all grades   2,010     62.2     716-960      847.7  192.00-198.00  197.24
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  25,419     63.6   1,050-1,590  1,321.3  121.00-126.50  124.71
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades  24,035     62.9     681-979      841.8  192.00-201.00  197.79
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      120     61.0   1,444-1,444  1,444.0  117.00-117.00  117.00
 65 - 80% Choice      107     60.2   1,425-1,500  1,474.1  112.00-115.00  113.04
 35 - 65% Choice      431     60.0   1,300-1,375  1,330.7  112.00-114.00  112.17
  0 - 35% Choice       33     65.0   1,522-1,522  1,522.0  110.00-110.00  110.00
 Total all grades     691     60.4   1,300-1,522  1,381.7  110.00-117.00  113.04
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       87     62.0     816-930      870.8  182.00-188.00  184.55
 65 - 80% Choice      120     61.0     869-869      869.3  188.00-188.00  188.00
 35 - 65% Choice       84     59.4     765-796      783.0  186.00-189.00  187.71
  0 - 35% Choice                          -                      -
 Total all grades     291     60.8     765-930      844.8  182.00-189.00  186.89
MIXED STEER/HEIFER/COW - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
  No Reportable Trade.  

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       90     63.3   1,275-1,275  1,275.0  123.00-123.00  123.00
  0 - 35% Choice                          -                      -
 Total all grades      90     63.3   1,275-1,275  1,275.0  123.00-123.00  123.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      992     62.0     759-945      902.8  198.00-199.50  198.29
 65 - 80% Choice       83     65.6     802-802      802.1  197.50-197.50  197.50
 35 - 65% Choice      446     64.5     750-850      817.1  194.50-196.00  195.87
  0 - 35% Choice                          -                      -
 Total all grades   1,521     63.0     750-945      872.2  194.50-199.50  197.54
HEIFER - LIVE - FOB
  No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      193     63.5     725-843      768.3  196.00-199.50  197.11
 65 - 80% Choice      568     63.8     709-856      764.8  196.00-198.00  196.25
 35 - 65% Choice       31     61.5     830-830      830.3  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades     792     63.7     709-856      768.2  196.00-199.50  196.45
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       42     63.5   1,275-1,275  1,275.0  126.00-126.00  126.00
 35 - 65% Choice      825     63.4   1,175-1,250  1,232.7  122.00-123.00  122.20
  0 - 35% Choice                          -                      -
 Total all grades     867     63.4   1,175-1,275  1,234.8  122.00-126.00  122.38
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      143     63.6     756-890      809.5  195.00-198.00  197.16
 65 - 80% Choice      409     62.7     734-869      815.7  196.00-199.50  197.22
 35 - 65% Choice      359     62.3     715-775      751.3  194.00-196.00  194.98
  0 - 35% Choice                          -                      -
 Total all grades     911     62.7     715-890      789.3  194.00-199.50  196.33
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     957     63.4   1,175-1,275  1,238.6  122.00-126.00  122.44
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,224     63.1     709-945      823.2  194.00-199.50  196.93
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       23     60.7   1,300-1,300  1,300.0  116.00-116.00  116.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      23     60.7   1,300-1,300  1,300.0  116.00-116.00  116.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      307     59.8     775-775      775.0  185.00-185.00  185.00
 65 - 80% Choice       13     58.7     793-793      793.1  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     320     59.7     775-793      775.7  185.00-187.00  185.08
MIXED STEER/HEIFER/COW - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       92     65.4     693-693      693.2  197.50-197.50  197.50
  0 - 35% Choice                          -                      -
 Total all grades      92     65.4     693-693      693.2  197.50-197.50  197.50

NATIONAL - All States

Source:    USDA Market News Service, St. Joseph, MO
         816-676-7000    email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1100C







.

1. Vilsack: Taking time to remember the fallen
2. Livestock Marketing: Beef prices remain strong, cattle pressured
3. Farm Bill progress
4. Feeder cattle review: Choice beef prices keep rolling higher
5. Ag markets diverge just before the long holiday weekend
6. Armyworms eat fescue pastures, hayfields

1. Commentary: New rules un-COOL
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. NASA backs 3D food printer to feed growing population
5. More beef cows in worst drought regions than a year ago
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: New rules un-COOL
2. Commentary: In praise of animal foods
3. What’s on America’s grill this weekend?
4. NASA backs 3D food printer to feed growing population
5. Meat industry associations quick to attack the new MCOOL rule
6. Commentary: Message to Occupy Monsanto: Occupy yourself