TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

LM_CT156
St Joseph, MO    Mon Oct 8, 2012     USDA Market News

TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 10/7/2012

Thursday saw trading and demand moderate. Friday trading was mostly inactive on
very light demand. For the week live sales sold 1.00 higher at 124.00.

NEGOTIATED CASH:
Confirmed for the week: 12,009   Week ago: 5,326    Year ago: 22,453
NEGOTIATED GRID BASE:
Confirmed for the week: 8,042    Week ago: 7,717    Year ago: 4,908

                             NEGOTIATED CASH PRICES
             (Includes all transactions regardless of delivery day)

Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
STEERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       453   63.8  1,160-1,300  1,171  124.00-124.00  124.00
 35 - 65% Choice     3,712   63.4  1,075-1,375  1,298  124.00-124.00  124.00
  0 - 35% Choice       490   62.8  1,260-1,350  1,290  124.00-124.00  124.00
 Total all grades    4,655   63.4  1,075-1,375  1,285  124.00-124.00  124.00
STEERS: LIVE DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       140   63.2  1,300-1,300  1,300  124.00-124.00  124.00
  0 - 35% Choice                        -                    -
 Total all grades      140   63.2  1,300-1,300  1,300  124.00-124.00  124.00
STEERS: DRESSED DELIVERED
  No Reportable Trade.  
STEERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       311   63.9  1,150-1,230  1,211  124.00-124.00  124.00
 35 - 65% Choice     5,943   63.4  1,050-1,300  1,146  120.00-124.00  123.92
  0 - 35% Choice        64   63.5  1,200-1,200  1,200  122.00-122.00  122.00
 Total all grades    6,318   63.4  1,050-1,300  1,149  120.00-124.00  123.91
HEIFERS: LIVE DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice        35   63.2  1,165-1,165  1,165  124.00-124.00  124.00
  0 - 35% Choice                        -                    -
 Total all grades       35   63.2  1,165-1,165  1,165  124.00-124.00  124.00
HEIFERS: DRESSED DELIVERED
  No Reportable Trade.  
HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       823   63.5  1,100-1,270  1,177  124.00-124.00  124.00
  0 - 35% Choice                        -                    -
 Total all grades      823   63.5  1,100-1,270  1,177  124.00-124.00  124.00
MIXED STEER/HEIFERS: LIVE DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFERS: DRESSED DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB           11,796   63.4  1,050-1,375  1,205  120.00-124.00  123.95

 LIVE DELIVERED        175   63.2  1,165-1,300  1,273  124.00-124.00  124.00

 DRESSED DELIVERED                      -                    -

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice        38   61.0  1,435-1,435  1,435  116.00-116.00  116.00
  0 - 35% Choice                        -                    -
 Total all grades       38   61.0  1,435-1,435  1,435  116.00-116.00  116.00
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
  No Reportable Trade.  
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
  No Reportable Trade.  
DAIRYBRED STEER/HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: LIVE FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COWS: LIVE DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFER/COWS: DRESSED FOB
  No Reportable Trade.  

 NEGOTIATED GRID BASE PRICES:  Final Net Prices Shown on LM_CT109 and LM_CT151
                                 Formula Reports

Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
STEERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       519   63.3  1,200-1,250  1,228  123.00-123.00  123.00
  0 - 35% Choice       115   63.0  1,125-1,125  1,125  122.50-122.50  122.50
 Total all grades      634   63.2  1,125-1,250  1,209  122.50-123.00  122.91
STEERS: LIVE DELIVERED
  No Reportable Trade.  
STEERS: DRESSED DELIVERED
 Over 80% Choice        95   65.0    845-845      845  194.00-194.00  194.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice     2,248   64.7    719-858      811  192.00-203.00  195.78
  0 - 35% Choice       956   66.2    798-833      818  192.00-195.00  192.20
 Total all grades    3,299   65.2    719-858      814  192.00-203.00  194.69
STEERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       403   64.4    800-850      830  192.50-192.50  192.50
  0 - 35% Choice                        -                    -
 Total all grades      403   64.4    800-850      830  192.50-192.50  192.50


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       379   63.0  1,150-1,225  1,191  123.00-124.00  123.32
  0 - 35% Choice                        -                    -
 Total all grades      379   63.0  1,150-1,225  1,191  123.00-124.00  123.32
HEIFERS: LIVE DELIVERED
  No Reportable Trade.  
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       740   64.0    679-802      700  200.00-203.00  202.65
  0 - 35% Choice                        -                    -
 Total all grades      740   64.0    679-802      700  200.00-203.00  202.65
HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice     1,631   62.7  1,125-1,250  1,184  119.00-125.00  122.37
  0 - 35% Choice       430   63.0  1,075-1,225  1,173  122.00-123.00  122.65
 Total all grades    2,061   62.8  1,075-1,250  1,181  119.00-125.00  122.43
MIXED STEER/HEIFERS: LIVE DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        43   63.0    750-750      750  194.00-194.00  194.00
 35 - 65% Choice       271   63.0    750-800      787  191.50-195.50  194.29
  0 - 35% Choice        42   61.5    572-572      572  203.00-203.00  203.00
 Total all grades      356   62.8    572-800      757  191.50-203.00  195.28
MIXED STEER/HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB            3,074   62.9  1,075-1,250  1,188  119.00-125.00  122.64

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   4,395   64.8    572-858      790  191.50-203.00  196.08

 DRESSED FOB           403   64.4    800-850      830  192.50-192.50  192.50


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       135   61.5  1,350-1,350  1,350  118.00-118.00  118.00
  0 - 35% Choice                        -                    -
 Total all grades      135   61.5  1,350-1,350  1,350  118.00-118.00  118.00
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
  No Reportable Trade.  
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
  No Reportable Trade.  
DAIRYBRED STEER/HEIFERS: DRESSED FOB
  No Reportable Trade.  


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: LIVE FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COWS: LIVE DELIVERED
  No Reportable Trade.  
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
 Over 80% Choice        35   60.8    785-785      785  184.00-184.00  184.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       35   60.8    785-785      785  184.00-184.00  184.00
MIXED STEER/HEIFER/COWS: DRESSED FOB
  No Reportable Trade.  


FOB prices based on net weights FOB the feedyard after a 3-4% shrink.
Delivered prices based on hot carcass weights delivered to the plant.

Sources:    USDA Market News Service, St. Joseph, MO
            816-238-0678  email:  stjoe.lgmn@usda.gov
            http://www.ams.usda.gov/LSMarketNews

1000C






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