Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Wed Jun 18, 2014    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:      11,170            Week ago:      108          Year ago:      674
Week to Date:   13,428            Week ago:      975          Year ago:    6,786

NEGOTIATED GRID BASE:
Confirmed:       1,703            Week ago:      383          Year ago:    1,580
Week to Date:    5,628            Week ago:    4,904          Year ago:    6,522


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    7,427     63.7   1,250-1,450  1,400.9  148.00-151.00  148.01
 65 - 80% Choice      676     63.4   1,340-1,450  1,389.5  148.00-152.00  148.72
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   8,103     63.7   1,250-1,450  1,399.9  148.00-152.00  148.07
STEER - DRESSED - DELIVERED
 Over 80% Choice      193     64.3     861-861      861.6  234.00-234.00  234.00
 65 - 80% Choice    2,176     64.2     834-942      914.3  234.00-235.00  234.07
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,369     64.2     834-942      910.0  234.00-235.00  234.06
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      639     64.4     780-854      829.6  233.00-234.00  233.17
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     639     64.4     780-854      829.6  233.00-234.00  233.17
MIXED STEER/HEIFER 
 No reportable trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   8,103     63.7   1,250-1,450  1,399.9  148.00-152.00  148.07
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,008     64.3     780-942      892.9  233.00-235.00  233.87
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       33     62.0     814-818      816.3  226.00-226.00  226.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       26     62.0     781-787      784.4  226.00-226.00  226.00
 Total all grades      59     62.0     781-818      802.2  226.00-226.00  226.00
MIXED STEER/HEIFER/COW 
 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      127     62.4     806-819      810.6  237.00-238.00  237.65
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       38     63.4     792-792      792.2  233.00-233.00  233.00
 Total all grades     165     62.6     792-819      806.4  233.00-238.00  236.58
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       40     63.0   1,225-1,225  1,225.0  146.00-146.00  146.00
  0 - 35% Choice                          -                      -
 Total all grades      40     63.0   1,225-1,225  1,225.0  146.00-146.00  146.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      248     62.9     746-912      808.9  235.00-238.00  236.77
 65 - 80% Choice       74     62.1     765-775      772.2  233.00-233.00  233.00
 35 - 65% Choice      130     63.8     775-775      775.0  239.00-239.00  239.00
  0 - 35% Choice                          -                      -
 Total all grades     452     63.1     746-912      793.2  233.00-239.00  236.79
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      40     63.0   1,225-1,225  1,225.0  146.00-146.00  146.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     617     62.9     746-912      796.7  233.00-239.00  236.74
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      260     61.5   1,350-1,350  1,350.0  137.00-137.00  137.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     260     61.5   1,350-1,350  1,350.0  137.00-137.00  137.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No reportable trade.
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       98     65.7     852-852      852.3  236.00-236.00  236.00
  0 - 35% Choice                          -                      -
 Total all grades      98     65.7     852-852      852.3  236.00-236.00  236.00

NATIONAL - All States

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