Direct Slaughter Cattle - Negotiated Purchases - Morning

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LM_CT113
St Joseph, MO    Fri Jul 12, 2013    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning
Primarily trade from previous afternoon

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:       4,210            Week ago:   13,448          Year ago:   59,932
Week to Date:    9,581            Week ago:   33,655          Year ago:   94,657

NEGOTIATED GRID BASE:
Confirmed:       2,610            Week ago:    2,993          Year ago:    9,295
Week to Date:   12,508            Week ago:   15,757          Year ago:   21,713


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      918     63.6   1,300-1,450  1,393.3  120.00-123.00  121.23
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     918     63.6   1,300-1,450  1,393.3  120.00-123.00  121.23
STEER - DRESSED - DELIVERED
 Over 80% Choice       38     63.5     889-889      889.0  192.00-192.00  192.00
 65 - 80% Choice      315     63.0     803-850      814.9  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     353     63.1     803-889      822.9  192.00-192.00  192.00
HEIFER - LIVE - FOB
 Over 80% Choice      365     64.0   1,225-1,300  1,243.6  121.25-124.00  122.46
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     365     64.0   1,225-1,300  1,243.6  121.25-124.00  122.46
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      319     63.5   1,225-1,325  1,271.2  120.00-123.00  121.16
 65 - 80% Choice       82     63.5   1,375-1,375  1,375.0  121.00-121.00  121.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     401     63.5   1,225-1,375  1,292.5  120.00-123.00  121.12
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.0     728-728      728.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      760     62.0     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     800     62.0     728-950      938.9  192.00-192.00  192.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,684     63.6   1,225-1,450  1,336.8  120.00-124.00  121.47
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,153     62.3     728-950      903.4  192.00-192.00  192.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       69     60.7   1,375-1,375  1,375.0  113.00-114.50  113.74
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      69     60.7   1,375-1,375  1,375.0  113.00-114.50  113.74
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       58     60.0     826-836      829.3  183.00-187.00  184.31
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      58     60.0     826-836      829.3  183.00-187.00  184.31
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      236     62.8     756-882      828.8  192.00-200.00  194.56
 65 - 80% Choice       50     62.7     806-882      860.7  197.00-198.00  197.72
 35 - 65% Choice                          -                      -
  0 - 35% Choice       40     60.0     810-810      810.0  198.00-198.00  198.00
 Total all grades     326     62.4     756-882      831.4  192.00-200.00  195.46
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       43     62.5     734-734      734.0  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      43     62.5     734-734      734.0  194.00-194.00  194.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       45     62.8   1,325-1,325  1,325.0  118.00-118.00  118.00
  0 - 35% Choice                          -                      -
 Total all grades      45     62.8   1,325-1,325  1,325.0  118.00-118.00  118.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      440     63.2     725-825      781.2  192.00-198.00  192.59
 65 - 80% Choice      188     62.4     753-803      783.0  192.00-193.00  192.21
 35 - 65% Choice      695     60.0     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades   1,323     61.4     725-950      870.1  192.00-198.00  192.23
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      45     62.8   1,325-1,325  1,325.0  118.00-118.00  118.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,692     61.6     725-950      859.2  192.00-200.00  192.89
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      706     60.1     775-840      777.8  187.00-190.00  187.80
 65 - 80% Choice       28     61.0     762-762      762.5  189.00-189.00  189.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     734     60.1     762-840      777.2  187.00-190.00  187.84
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       73     63.3     777-777      777.2  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades      73     63.3     777-777      777.2  191.00-191.00  191.00

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
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