NE Weekly Direct Slaughter Cattle - Negotiated Purchases

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LM_CT158
St Joseph, MO    Mon Mar 17, 2014    USDA Market News

NEBRASKA WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 3/16/2014

Friday trading was moderate with good demand. For the week live sales sold 2.00 
higher at 152.00. Dressed sales sold mostly steady to 3.00 higher at 240.00 with 
a few up to 241.00.

NEGOTIATED CASH:
Confirmed for the week: 37,392   Week ago: 28,290   Year ago: 25,135
NEGOTIATED GRID BASE:
Confirmed for the week: 5,505    Week ago: 2,802    Year ago: 3,874

                             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     1,817   62.6  1,350-1,525  1,458  147.00-152.00  150.91
 65 - 80% Choice     6,491   62.6  1,250-1,550  1,426  147.00-152.00  151.47
 35 - 65% Choice       481   63.2  1,400-1,500  1,436  150.00-152.00  150.88
  0 - 35% Choice                        -                    -
 Total all grades    8,789   62.7  1,250-1,550  1,433  147.00-152.00  151.32
STEERS: LIVE DELIVERED
 Over 80% Choice        42   62.4  1,450-1,470  1,461  150.00-150.00  150.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       42   62.4  1,450-1,470  1,461  150.00-150.00  150.00
STEERS: DRESSED DELIVERED
 Over 80% Choice     4,437   63.8    803-997      920  240.00-241.00  240.32
 65 - 80% Choice     2,542   63.6    825-941      894  240.00-241.00  240.21
 35 - 65% Choice     1,008   63.8    827-940      872  240.00-241.00  240.41
  0 - 35% Choice                        -                    -
 Total all grades    7,987   63.8    803-997      906  240.00-241.00  240.30
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     6,103   62.5  1,225-1,450  1,394  147.00-152.00  151.26
 65 - 80% Choice     3,314   62.3  1,150-1,400  1,279  148.00-152.00  151.30
 35 - 65% Choice       224   62.3  1,350-1,350  1,350  152.00-152.00  152.00
  0 - 35% Choice                        -                    -
 Total all grades    9,641   62.4  1,150-1,450  1,353  147.00-152.00  151.29
HEIFERS: LIVE DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       180   63.7  1,325-1,325  1,325  152.00-152.00  152.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      180   63.7  1,325-1,325  1,325  152.00-152.00  152.00
HEIFERS: DRESSED DELIVERED
 Over 80% Choice     2,427   63.5    748-929      824  240.00-241.00  240.28
 65 - 80% Choice     2,530   63.4    756-882      828  239.00-240.50  240.06
 35 - 65% Choice        53   63.0    756-850      820  240.00-240.00  240.00
  0 - 35% Choice                        -                    -
 Total all grades    5,010   63.4    748-929      826  239.00-241.00  240.17
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       631   63.0  1,275-1,475  1,328  148.00-150.00  149.78
 65 - 80% Choice     1,974   62.6  1,225-1,450  1,342  147.00-152.00  150.56
 35 - 65% Choice       377   62.6  1,200-1,400  1,255  149.50-152.00  150.03
  0 - 35% Choice                        -                    -
 Total all grades    2,982   62.7  1,200-1,475  1,328  147.00-152.00  150.33
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice       662   62.2    750-950      827  240.00-240.00  240.00
 65 - 80% Choice       849   62.9    819-950      876  238.00-240.00  239.46
 35 - 65% Choice       760   62.0    950-950      950  240.00-240.00  240.00
  0 - 35% Choice                        -                    -
 Total all grades    2,271   62.4    750-950      887  238.00-240.00  239.80
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           21,412   62.5  1,150-1,550  1,383  147.00-152.00  151.17

 LIVE DELIVERED        222   63.4  1,325-1,470  1,351  150.00-152.00  151.62

 DRESSED DELIVERED  15,268   63.5    748-997      877  238.00-241.00  240.18

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice       280   60.0    879-879      880  231.00-231.00  231.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice       210   60.7    819-837      825  224.00-230.00  226.14
  0 - 35% Choice                        -                    -
 Total all grades      490   60.3    819-879      856  224.00-231.00  228.92
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
 No Reportable Trade.
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice     2,150   62.9    859-950      921  239.00-242.00  240.94
 65 - 80% Choice       813   63.9    850-921      885  238.00-240.00  239.40
 35 - 65% Choice        72   63.0    834-834      835  240.00-240.00  240.00
  0 - 35% Choice                        -                    -
 Total all grades    3,035   63.1    834-950      910  238.00-242.00  240.51
STEERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 No Reportable Trade.
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice       576   62.9    803-859      829  240.00-240.00  240.00
 65 - 80% Choice       112   61.9    762-812      794  240.00-240.00  240.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      688   62.8    762-859      824  240.00-240.00  240.00
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
 No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice       199   62.4    806-899      864  236.00-240.00  238.99
 65 - 80% Choice       306   62.0    819-837      831  240.00-240.00  240.00
 35 - 65% Choice     1,277   60.1    780-950      941  240.00-240.00  240.00
  0 - 35% Choice                        -                    -
 Total all grades    1,782   60.7    780-950      913  236.00-240.00  239.89
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                               -                    -

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   5,505   62.3    762-950      900  236.00-242.00  240.24

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
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.


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

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