TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

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LM_CT156
St Joseph, MO    Mon Jul 29, 2013    USDA Market News

TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 7/28/2013

On Thursday trading was light with light to moderate demand. For the week live sales
sold steady at 119.00.

NEGOTIATED CASH:
Confirmed for the week: 2,362    Week ago: 2,864    Year ago: 4,021
NEGOTIATED GRID BASE:
Confirmed for the week: 6,523    Week ago: 6,690    Year ago: 2,743

                             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                        -                    -
 35 - 65% Choice       643   64.0  1,200-1,455  1,333  118.00-119.00  118.94
  0 - 35% Choice                        -                    -
 Total all grades      643   64.0  1,200-1,455  1,333  118.00-119.00  118.94
STEERS: LIVE DELIVERED
 No Reportable Trade.
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                        -                    -
 35 - 65% Choice     1,096   64.0  1,050-1,210  1,134  119.00-119.00  119.00
  0 - 35% Choice                        -                    -
 Total all grades    1,096   64.0  1,050-1,210  1,134  119.00-119.00  119.00
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
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       117   63.7  1,175-1,175  1,175  119.00-119.00  119.00
 35 - 65% Choice       369   64.0  1,125-1,225  1,210  119.00-119.00  119.00
  0 - 35% Choice                        -                    -
 Total all grades      486   63.9  1,125-1,225  1,201  119.00-119.00  119.00
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            2,225   64.0  1,050-1,455  1,206  118.00-119.00  118.98

 LIVE DELIVERED                         -                    -

 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        67   61.5  1,375-1,375  1,375  104.00-104.00  104.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       67   61.5  1,375-1,375  1,375  104.00-104.00  104.00
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        70   62.3    833-833      833  188.00-188.00  188.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       70   62.3    833-833      833  188.00-188.00  188.00
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       409   63.0  1,150-1,225  1,193  117.00-120.50  119.20
  0 - 35% Choice        87   62.7  1,150-1,284  1,173  118.00-118.50  118.41
 Total all grades      496   62.9  1,150-1,284  1,190  117.00-120.50  119.06
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice     1,117   63.7    747-815      773  188.00-195.00  190.20
  0 - 35% Choice                        -                    -
 Total all grades    1,117   63.7    747-815      773  188.00-195.00  190.20
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                        -                    -
 35 - 65% Choice        55   62.5  1,175-1,175  1,175  116.00-116.00  116.00
  0 - 35% Choice                        -                    -
 Total all grades       55   62.5  1,175-1,175  1,175  116.00-116.00  116.00
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        48   64.4    666-733      717  188.00-189.00  188.25
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       48   64.4    666-733      717  188.00-189.00  188.25
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        45   63.4  1,118-1,118  1,118  118.00-118.00  118.00
 35 - 65% Choice     1,986   63.0  1,108-1,354  1,213  117.00-119.00  118.41
  0 - 35% Choice                        -                    -
 Total all grades    2,031   63.0  1,108-1,354  1,211  117.00-119.00  118.40
MIXED STEER/HEIFERS: LIVE DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       140   62.5  1,225-1,225  1,225  121.50-121.50  121.50
  0 - 35% Choice                        -                    -
 Total all grades      140   62.5  1,225-1,225  1,225  121.50-121.50  121.50
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       528   63.3    750-818      795  187.00-190.00  189.74
  0 - 35% Choice       255   62.5    750-750      750  184.00-184.00  184.00
 Total all grades      783   63.0    750-818      780  184.00-190.00  187.87
MIXED STEER/HEIFERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       595   63.6    775-800      782  186.00-188.00  186.44
  0 - 35% Choice                        -                    -
 Total all grades      595   63.6    775-800      782  186.00-188.00  186.44


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB            2,582   63.0  1,108-1,354  1,206  116.00-120.50  118.47

 LIVE DELIVERED        140   62.5  1,225-1,225  1,225  121.50-121.50  121.50

 DRESSED DELIVERED   1,948   63.5    666-818      774  184.00-195.00  189.21

 DRESSED FOB           595   63.6    775-800      782  186.00-188.00  186.44


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 Over 80% Choice       104   61.6  1,335-1,335  1,335  107.00-107.00  107.00
 65 - 80% Choice        38   61.7  1,165-1,165  1,165  112.00-112.00  112.00
 35 - 65% Choice       847   61.7  1,275-1,415  1,323  107.00-111.00  108.52
  0 - 35% Choice                        -                    -
 Total all grades      989   61.7  1,165-1,415  1,318  107.00-112.00  108.50
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        68   61.5  1,345-1,345  1,345  109.00-109.00  109.00
 35 - 65% Choice       132   61.5  1,365-1,365  1,365  109.00-109.00  109.00
  0 - 35% Choice                        -                    -
 Total all grades      200   61.5  1,345-1,365  1,358  109.00-109.00  109.00
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        34   62.7    834-834      834  186.00-186.00  186.00
 65 - 80% Choice        35   60.0    825-825      825  188.00-188.00  188.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       69   61.3    825-834      829  186.00-188.00  187.01
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.


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
            816-676-7000    email:  stjoe.lgmn@usda.gov
            http://www.ams.usda.gov/LSMarketNews

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