Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Fri Feb 22, 2013    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

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:       1,085            Week ago:    7,897          Year ago:   14,529
Week to Date:   41,742            Week ago:   63,541          Year ago:   27,268

NEGOTIATED GRID BASE:
Confirmed:       1,737            Week ago:    5,661          Year ago:    3,727
Week to Date:   22,957            Week ago:   19,519          Year ago:   10,856


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       76     63.0   1,350-1,350  1,350.0  122.00-122.00  122.00
 65 - 80% Choice      378     62.3   1,425-1,425  1,425.0  121.00-121.00  121.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     454     62.5   1,350-1,425  1,412.4  121.00-122.00  121.17
STEER - DRESSED - DELIVERED
 Over 80% Choice       45     61.5     922-922      922.5  196.00-196.00  196.00
 65 - 80% Choice      139     63.5     936-936      936.6  196.00-196.00  196.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     184     63.0     922-936      933.2  196.00-196.00  196.00
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       69     64.0   1,175-1,175  1,175.0  124.00-124.00  124.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      69     64.0   1,175-1,175  1,175.0  124.00-124.00  124.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       37     61.1     870-870      870.7  196.00-196.00  196.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      37     61.1     870-870      870.7  196.00-196.00  196.00
MIXED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
  No Reportable Trade.  
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     523     62.7   1,175-1,425  1,381.1  121.00-124.00  121.54
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     221     62.7     870-936      922.7  196.00-196.00  196.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       47     62.0     797-876      837.1  185.00-190.00  187.38
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      47     62.0     797-876      837.1  185.00-190.00  187.38
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
  No Reportable Trade.  
STEER - DRESSED - DELIVERED
 Over 80% Choice       34     63.5     925-925      925.0  195.00-195.00  195.00
 65 - 80% Choice      104     63.0     960-960      960.8  195.00-195.00  195.00
 35 - 65% Choice      184     65.8     925-925      925.4  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades     322     64.7     925-960      936.8  195.00-196.00  195.57
HEIFER - LIVE - FOB
  No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       43     63.5     698-698      698.5  195.50-195.50  195.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      43     63.5     698-698      698.5  195.50-195.50  195.50
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      225     63.0   1,175-1,225  1,205.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     225     63.0   1,175-1,225  1,205.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      231     63.8     974-974      974.7  200.00-200.00  200.00
 65 - 80% Choice      256     62.3     744-861      791.5  192.00-197.00  194.91
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     487     63.0     744-974      878.4  192.00-200.00  197.32
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     225     63.0   1,175-1,225  1,205.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     852     63.6     698-974      891.4  192.00-200.00  196.57
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      100     62.7     819-819      819.0  184.00-186.00  184.70
 65 - 80% Choice      131     60.2     791-838      826.2  180.00-190.00  187.33
 35 - 65% Choice      389     62.2     737-850      827.0  195.50-195.50  195.50
  0 - 35% Choice                          -                      -
 Total all grades     620     61.8     737-850      825.5  180.00-195.50  192.03
MIXED STEER/HEIFER/COW - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
  No Reportable Trade.  

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
1500C







.

1. U.S. electricity prices grows 1.1% in 2013
2. Consider oats as a double crop after wheat
3. Jolley: What is to become of beef?
4. Ag markets moved generally higher Wednesday
5. U.S. coal prices steadily increase value
6. Angus breeders honored by the Beef Improvement Federation

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. 3,000 pounds of copper wire stolen from Oklahoma ranch
3. Crude oil expected to peak and cost of electricity to go down
4. Changes in U.S.-Mexican cattle and beef trade
5. Peterson Brothers: What summer vacation?
6. 2100: 11 billion mouths to feed

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. Canadian CJD cases are “classical" form
4. Jolley: What is to become of beef?
5. Will Smith dethroned in latest Peterson Farm Bros. parody
6. New ads emphasize agriculture’s role in economic recovery