Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Wed Mar 12, 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:         450            Week ago:    6,473          Year ago:      619
Week to Date:    1,800            Week ago:    7,784          Year ago:    1,989

NEGOTIATED GRID BASE:
Confirmed:         761            Week ago:      613          Year ago:      705
Week to Date:    4,049            Week ago:    4,812          Year ago:    3,074


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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      320     60.0     750-750      750.0  234.00-234.00  234.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     320     60.0     750-750      750.0  234.00-234.00  234.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       46     61.0     823-823      823.0  236.00-236.00  236.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      46     61.0     823-823      823.0  236.00-236.00  236.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     366     60.1     750-823      759.2  234.00-236.00  234.25
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
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                          -                      -
 65 - 80% Choice      242     65.9     915-921      920.2  238.00-238.00  238.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     242     65.9     915-921      920.2  238.00-238.00  238.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      135     62.6     625-922      832.0  232.00-240.00  237.13
 65 - 80% Choice      153     62.0     775-824      794.3  230.00-235.00  232.41
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     288     62.3     625-922      812.0  230.00-240.00  234.62
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     530     64.0     625-922      861.4  230.00-240.00  236.16
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      110     60.7     800-800      800.4  230.00-230.00  230.00
 35 - 65% Choice       74     59.6     803-803      803.2  225.00-225.00  225.00
  0 - 35% Choice                          -                      -
 Total all grades     184     60.3     800-803      801.5  225.00-230.00  227.99
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       47     58.6     776-776      776.6  235.00-235.00  235.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      47     58.6     776-776      776.6  235.00-235.00  235.00

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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