TX-OK Weekly Direct Slaughter Cattle - Negotiated Purchases

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LM_CT156
St Joseph, MO    Mon May 12, 2014    USDA Market News

TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 5/11/2014

Friday trading was slow on light to moderate demand. For the week live sales sold 
unevenly steady at 146.00 on a light test.

NEGOTIATED CASH:
Confirmed for the week: 2,611    Week ago: 2,217    Year ago: 4,992
NEGOTIATED GRID BASE:
Confirmed for the week: 9,469    Week ago: 7,410    Year ago: 6,222

                             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     1,133   63.6  1,135-1,350  1,224  146.00-146.00  146.00
  0 - 35% Choice                        -                    -
 Total all grades    1,133   63.6  1,135-1,350  1,224  146.00-146.00  146.00
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       724   63.2  1,020-1,400  1,149  146.00-146.00  146.00
  0 - 35% Choice                        -                    -
 Total all grades      724   63.2  1,020-1,400  1,149  146.00-146.00  146.00
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                        -                    -
 35 - 65% Choice       339   63.5  1,038-1,280  1,157  146.00-146.00  146.00
  0 - 35% Choice                        -                    -
 Total all grades      339   63.5  1,038-1,280  1,157  146.00-146.00  146.00
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            2,196   63.4  1,020-1,400  1,189  146.00-146.00  146.00

 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                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       415   61.5  1,375-1,375  1,375  137.00-137.00  137.00
  0 - 35% Choice                        -                    -
 Total all grades      415   61.5  1,375-1,375  1,375  137.00-137.00  137.00
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       377   63.1  1,200-1,300  1,239  144.00-145.50  144.96
  0 - 35% Choice                        -                    -
 Total all grades      377   63.1  1,200-1,300  1,239  144.00-145.50  144.96
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice        49   64.8    861-861      862  236.00-236.00  236.00
 65 - 80% Choice       721   65.5    762-795      780  229.50-230.50  229.86
 35 - 65% Choice       957   65.2    753-810      781  229.50-237.00  230.85
  0 - 35% Choice                        -                    -
 Total all grades    1,727   65.3    753-861      783  229.50-237.00  230.58
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       613   63.3  1,150-1,225  1,172  143.00-146.00  145.06
  0 - 35% Choice                        -                    -
 Total all grades      613   63.3  1,150-1,225  1,172  143.00-146.00  145.06
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       150   63.5    775-775      775  230.00-230.00  230.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      150   63.5    775-775      775  230.00-230.00  230.00
HEIFERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       190   64.0    775-775      775  230.00-230.00  230.00
  0 - 35% Choice                        -                    -
 Total all grades      190   64.0    775-775      775  230.00-230.00  230.00


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     2,174   63.4  1,175-1,350  1,234  144.00-146.00  144.40
  0 - 35% Choice       240   63.9  1,275-1,275  1,275  144.00-144.00  144.00
 Total all grades    2,414   63.5  1,175-1,350  1,238  144.00-146.00  144.36
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        25   63.5    775-775      775  236.00-236.00  236.00
 65 - 80% Choice        45   63.8    800-800      800  237.00-237.00  237.00
 35 - 65% Choice       660   63.0    750-800      767  230.00-237.00  232.67
  0 - 35% Choice                        -                    -
 Total all grades      730   63.1    750-800      770  230.00-237.00  233.05
MIXED STEER/HEIFERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice     2,165   63.9    750-825      786  229.00-237.00  230.58
  0 - 35% Choice                        -                    -
 Total all grades    2,165   63.9    750-825      786  229.00-237.00  230.58


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB            3,404   63.4  1,150-1,350  1,226  143.00-146.00  144.55

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   2,607   64.6    750-861      779  229.50-237.00  231.24

 DRESSED FOB         2,355   63.9    750-825      785  229.00-237.00  230.53


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       220   61.5  1,275-1,275  1,275  136.00-136.00  136.00
 35 - 65% Choice       845   61.6  1,300-1,390  1,366  136.00-138.00  136.83
  0 - 35% Choice                        -                    -
 Total all grades    1,065   61.6  1,275-1,390  1,347  136.00-138.00  136.66
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice        38   61.5    825-825      825  222.00-222.00  222.00
  0 - 35% Choice                        -                    -
 Total all grades       38   61.5    825-825      825  222.00-222.00  222.00
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.


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.lpgmn@usda.gov
            http://www.ams.usda.gov/LSMarketNews

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