Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Thu Aug 07, 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:      10,975            Week ago:    1,372          Year ago:      811
Week to Date:   18,288            Week ago:    4,811          Year ago:    6,329

NEGOTIATED GRID BASE:
Confirmed:       1,692            Week ago:      452          Year ago:      906
Week to Date:    7,743            Week ago:    6,298          Year ago:    7,935


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    1,502     63.5   1,300-1,500  1,376.8  159.00-163.00  159.90
 65 - 80% Choice      300     62.0   1,385-1,385  1,385.0  160.00-160.00  160.00
 35 - 65% Choice      515     63.4   1,300-1,450  1,388.8  160.00-160.00  160.00
  0 - 35% Choice                          -                      -
 Total all grades   2,317     63.3   1,300-1,500  1,380.5  159.00-163.00  159.94
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,950     63.4     850-951      916.9  253.00-255.00  254.69
 65 - 80% Choice      476     62.8     793-897      863.7  250.00-255.00  253.57
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,426     63.3     793-951      906.4  250.00-255.00  254.47
HEIFER - LIVE - FOB
 Over 80% Choice    1,962     62.5   1,200-1,340  1,314.9  156.00-164.00  160.28
 65 - 80% Choice      550     63.6   1,085-1,225  1,141.5  160.00-160.00  160.00
 35 - 65% Choice      144     63.4   1,160-1,200  1,169.2  160.00-160.00  160.00
  0 - 35% Choice                          -                      -
 Total all grades   2,656     62.8   1,085-1,340  1,271.1  156.00-164.00  160.20
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      805     63.2     744-825      805.6  255.00-255.00  255.00
 65 - 80% Choice      303     63.4     762-816      789.0  250.00-255.00  252.24
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,108     63.2     744-825      801.0  250.00-255.00  254.25
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     64.0   1,300-1,300  1,300.0  160.00-160.00  160.00
 65 - 80% Choice      306     63.1   1,250-1,250  1,250.0  160.00-160.50  160.14
 35 - 65% Choice       85     63.5   1,425-1,425  1,425.0  160.00-160.00  160.00
  0 - 35% Choice                          -                      -
 Total all grades     429     63.2   1,250-1,425  1,289.1  160.00-160.50  160.10
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      523     63.0     819-875      823.0  251.00-255.00  254.72
 65 - 80% Choice      176     63.1     775-864      822.5  250.00-255.00  253.33
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     699     63.0     775-875      822.9  250.00-255.00  254.37
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   5,402     63.0   1,085-1,500  1,319.5  156.00-164.00  160.08
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   4,233     63.2     744-951      865.0  250.00-255.00  254.40
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      275     61.0     869-869      869.3  245.00-245.00  245.00
  0 - 35% Choice                          -                      -
 Total all grades     275     61.0     869-869      869.3  245.00-245.00  245.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      125     63.0   1,225-1,225  1,225.0  158.00-158.00  158.00
  0 - 35% Choice                          -                      -
 Total all grades     125     63.0   1,225-1,225  1,225.0  158.00-158.00  158.00
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      559     63.1     781-935      883.5  254.00-261.00  256.03
 65 - 80% Choice      114     63.4     809-913      858.0  252.00-256.00  254.30
 35 - 65% Choice      115     63.7     762-832      824.7  252.00-263.00  261.85
  0 - 35% Choice                          -                      -
 Total all grades     788     63.2     762-935      871.2  252.00-263.00  256.63
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       26     63.5     921-921      921.0  254.00-254.00  254.00
 65 - 80% Choice      192     64.5     838-838      838.5  255.00-255.00  255.00
 35 - 65% Choice      110     64.0     768-768      768.0  263.00-263.00  263.00
  0 - 35% Choice                          -                      -
 Total all grades     328     64.3     768-921      821.4  254.00-263.00  257.60
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      206     62.9     780-806      792.1  252.00-257.00  254.15
 65 - 80% Choice      110     63.0     740-765      751.1  252.00-258.00  254.56
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     316     62.9     740-806      777.8  252.00-258.00  254.29
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,432     63.4     740-935      839.2  252.00-263.00  256.34
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       32     60.0     787-787      787.8  244.00-244.00  244.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      32     60.0     787-787      787.8  244.00-244.00  244.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       90     62.8     873-873      873.9  251.00-251.00  251.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     62.8     873-873      873.9  251.00-251.00  251.00

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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