Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Tue Feb 12, 2013    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Monday, 02/11/2013

Monday trading was inactive with very light demand in all major feeding regions. 
Not enough sales for a market trend. Last week in the Southern Plains and Colorado 
live sales sold at 125.00. In Nebraska and Iowa-Minnesota live sales sold from 
124.00-125.00 and dressed sales sold mostly at 200.00.

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:         981            Week ago:      725          Year ago:    1,412
Week to Date:      981            Week ago:      725          Year ago:    1,412

NEGOTIATED GRID BASE:
Confirmed:       2,358            Week ago:    2,663          Year ago:    1,090
Week to Date:    2,358            Week ago:    2,663          Year ago:    1,090


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      119     63.2   1,300-1,350  1,317.2  127.00-127.00  127.00
 65 - 80% Choice      294     62.4   1,200-1,475  1,374.9  122.00-125.00  123.78
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     413     62.6   1,200-1,475  1,358.3  122.00-127.00  124.71
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      162     62.0     883-883      883.0  200.00-200.00  200.00
 35 - 65% Choice       72     63.7     844-844      844.0  199.00-199.00  199.00
  0 - 35% Choice                          -                      -
 Total all grades     234     62.5     844-883      871.0  199.00-200.00  199.69
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       43     63.0   1,175-1,175  1,175.0  126.00-126.00  126.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      43     63.0   1,175-1,175  1,175.0  126.00-126.00  126.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       13     63.0     800-800      800.0  198.00-198.00  198.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       42     61.0     753-753      753.4  198.00-198.00  198.00
  0 - 35% Choice                          -                      -
 Total all grades      55     61.5     753-800      764.4  198.00-198.00  198.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     456     62.6   1,175-1,475  1,341.0  122.00-127.00  124.83
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     289     62.3     753-883      850.7  198.00-200.00  199.37
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       43     60.0   1,425-1,425  1,425.0  115.00-115.00  115.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      43     60.0   1,425-1,425  1,425.0  115.00-115.00  115.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       65     62.0     744-841      780.0  187.00-193.00  190.42
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      65     62.0     744-841      780.0  187.00-193.00  190.42
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       88     62.1     840-853      848.6  203.00-205.00  204.32
 65 - 80% Choice       37     62.0     744-775      765.8  204.00-204.00  204.00
 35 - 65% Choice       27     62.0     744-837      795.7  202.00-204.00  203.11
  0 - 35% Choice                          -                      -
 Total all grades     152     62.0     744-853      819.0  202.00-205.00  204.03
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       51     62.2     870-870      870.8  198.00-198.00  198.00
 65 - 80% Choice       81     62.3     909-909      909.6  198.00-198.00  198.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     132     62.3     870-909      894.6  198.00-198.00  198.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      385     63.0   1,325-1,325  1,325.0  126.50-126.50  126.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     385     63.0   1,325-1,325  1,325.0  126.50-126.50  126.50
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      127     62.1     703-900      776.7  200.00-202.00  200.72
 65 - 80% Choice      267     62.1     750-907      794.5  196.00-204.00  200.83
 35 - 65% Choice       11     62.5     781-781      781.3  201.00-201.00  201.00
  0 - 35% Choice                          -                      -
 Total all grades     405     62.1     703-907      788.5  196.00-204.00  200.80
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     385     63.0   1,325-1,325  1,325.0  126.50-126.50  126.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     689     62.1     703-909      815.6  196.00-205.00  200.98
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       56     61.0   1,300-1,300  1,300.0  117.50-117.50  117.50
 35 - 65% Choice       93     61.0   1,350-1,350  1,350.0  115.50-115.50  115.50
  0 - 35% Choice                          -                      -
 Total all grades     149     61.0   1,300-1,350  1,331.2  115.50-117.50  116.25
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      228     59.8     752-775      773.7  190.00-195.00  190.29
 65 - 80% Choice       23     61.2     780-781      780.6  197.00-198.00  197.48
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     251     59.9     752-781      774.3  190.00-198.00  190.94
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       16     61.3     747-747      747.9  200.00-200.00  200.00
 65 - 80% Choice      358     65.9     777-872      852.8  201.00-202.00  201.49
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     374     65.7     747-872      848.3  200.00-202.00  201.43

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
1130C







.

1. Future of food discussion with Agriculture Secretary
2. Ag markets diverged prove rather volatile on Thursday
3. Dairy slaughter numbers drop a tad
4. Reduce your risk when commingling calves
5. Corn futures relapse in wake of Wednesday's rally
6. Wet U.S. Midwest sections may lead to fewer corn acres

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. What do dairy exports mean for Minnesota?
6. Salma Hayek: Milk part of 'perfect' breakfast

1. Seven jobs more dangerous than farming
2. 2014 Farm Bill: Are we near an agreement?
3. Farm bill and immigration reform action needed
4. Class III futures close out quietly last week
5. 4 rules for growing a business or industry
6. White House urges Senate to cut crop insurance in farm bill