Direct Slaughter Cattle - Negotiated Purchases - Morning

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LM_CT113
St Joseph, MO    Mon Mar 10, 2014    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:       5,220            Week ago:    1,625          Year ago:    1,558
Week to Date:   65,716            Week ago:  111,257          Year ago:   85,761

NEGOTIATED GRID BASE:
Confirmed:       7,237            Week ago:    4,381          Year ago:      915
Week to Date:   18,788            Week ago:   20,105          Year ago:   27,077


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      486     63.2   1,375-1,475  1,467.6  148.00-148.00  148.00
 65 - 80% Choice      517     62.8   1,250-1,450  1,361.7  144.00-148.00  147.24
 35 - 65% Choice      340     62.2   1,215-1,350  1,321.8  148.00-150.00  149.58
  0 - 35% Choice                          -                      -
 Total all grades   1,343     62.8   1,215-1,475  1,389.9  144.00-150.00  148.11
STEER - DRESSED - DELIVERED
 Over 80% Choice      296     63.6     806-939      882.8  235.00-240.00  237.97
 65 - 80% Choice      190     63.5     920-920      920.8  235.00-235.00  235.00
 35 - 65% Choice      160     62.5     950-950      950.0  237.00-237.00  237.00
  0 - 35% Choice                          -                      -
 Total all grades     646     63.3     806-950      910.6  235.00-240.00  236.86
HEIFER - LIVE - FOB
 Over 80% Choice      248     62.2   1,375-1,375  1,375.0  147.00-147.00  147.00
 65 - 80% Choice      692     62.3   1,275-1,350  1,285.2  147.00-147.00  147.00
 35 - 65% Choice      254     62.8   1,050-1,200  1,129.5  148.00-150.00  148.72
  0 - 35% Choice                          -                      -
 Total all grades   1,194     62.4   1,050-1,375  1,270.7  147.00-150.00  147.37
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      348     63.0     775-906      818.5  234.00-235.00  234.89
 65 - 80% Choice       74     61.5     784-784      784.1  235.00-235.00  235.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     422     62.7     775-906      812.5  234.00-235.00  234.91
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       46     62.5   1,250-1,250  1,250.0  144.50-144.50  144.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice      300     63.3   1,250-1,250  1,250.0  150.00-150.00  150.00
  0 - 35% Choice                          -                      -
 Total all grades     346     63.2   1,250-1,250  1,250.0  144.50-150.00  149.27
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      230     63.2     818-936      916.0  235.00-235.00  235.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     230     63.2     818-936      916.0  235.00-235.00  235.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,883     62.7   1,050-1,475  1,323.8  144.00-150.00  147.94
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,298     63.1     775-950      879.7  234.00-240.00  235.89
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      103     61.2   1,350-1,475  1,432.5  136.00-136.00  136.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     103     61.2   1,350-1,475  1,432.5  136.00-136.00  136.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      390     63.0   1,200-1,225  1,215.1  145.00-147.25  146.41
  0 - 35% Choice                          -                      -
 Total all grades     390     63.0   1,200-1,225  1,215.1  145.00-147.25  146.41
STEER - DRESSED - DELIVERED
 Over 80% Choice      382     63.0     771-926      786.0  235.00-239.00  235.41
 65 - 80% Choice       85     62.1     828-858      845.4  238.00-240.00  238.28
 35 - 65% Choice      515     63.4     750-800      766.5  231.00-233.00  232.34
  0 - 35% Choice                          -                      -
 Total all grades     982     63.1     750-926      780.9  231.00-240.00  234.05
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      239     63.1   1,125-1,225  1,181.5  145.00-147.00  146.56
  0 - 35% Choice                          -                      -
 Total all grades     239     63.1   1,125-1,225  1,181.5  145.00-147.00  146.56
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice    2,265     63.0   1,175-1,225  1,206.1  145.00-148.00  146.13
  0 - 35% Choice      490     62.6   1,150-1,300  1,162.2  145.00-146.00  145.08
 Total all grades   2,755     63.0   1,150-1,300  1,198.3  145.00-148.00  145.94
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     63.0     837-850      843.5  235.00-236.00  235.50
 65 - 80% Choice      290     61.8     775-884      814.6  233.00-237.00  234.63
 35 - 65% Choice      544     63.1     750-800      775.6  232.00-233.50  232.64
  0 - 35% Choice                          -                      -
 Total all grades     914     62.7     750-884      793.9  232.00-237.00  233.52
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,384     63.0   1,125-1,300  1,199.0  145.00-148.00  146.04
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,896     62.9     750-926      787.2  231.00-240.00  233.79
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      271     59.8     775-803      778.8  220.00-232.00  223.62
 65 - 80% Choice      140     60.0     825-825      825.0  225.00-225.00  225.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     411     59.9     775-825      794.5  220.00-232.00  224.09
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

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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