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USDA-LM: National Daily Direct Slaughter Cattle Report - Negotiated Purchases - Summary

St Joseph, MO - Fri Nov 10, 2017 - USDA Market News Service


NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 11/09/2017

Thursday in the Southern and Northern Plains saw trading limited with very light 
demand. Not enough cash trades for a market trend. The last fully reported market
in these regions was on Wednesday. In the Southern Plains and Colorado live cash
trades were at 124.00. In Nebraska live cash trades were from 122.00-124.00 and 
dressed trades at mostly 192.00. On Thursday in the Western Cornbelt trading was
slow on light demand. Compared to last week live cash trades were steady to 1.00
lower from 120.00 to 122.00. Dressed cash trades were steady to 2.00 lower from
190.00 to 192.00. A light test was noted for both live and dressed.

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:      15,292            Week ago:  101,079          Year ago:    2,283
Week to Date:   92,336            Week ago:  103,624          Year ago:   22,333

NEGOTIATED GRID BASE:
Confirmed:       4,406            Week ago:    7,725          Year ago:    1,611
Week to Date:   16,015            Week ago:   11,869          Year ago:    6,708


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    3,395     63.5   1,375-1,600  1,503.2  116.00-124.00  120.35
 65 - 80% Choice    1,201     63.3   1,275-1,565  1,413.0  121.00-124.00  121.74
 35 - 65% Choice      735     63.5   1,325-1,400  1,369.6  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades   5,331     63.5   1,275-1,600  1,464.4  116.00-124.00  120.89
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,487     63.1     803-960      915.8  187.00-192.00  190.90
 65 - 80% Choice       25     62.5     859-859      859.4  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,512     63.1     803-960      914.9  187.00-192.00  190.88
HEIFER - LIVE - FOB
 Over 80% Choice    1,290     63.4   1,225-1,400  1,289.2  118.00-122.50  120.52
 65 - 80% Choice    1,171     63.2   1,175-1,470  1,262.0  120.00-124.00  121.90
 35 - 65% Choice      540     62.7   1,225-1,235  1,226.6  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades   3,001     63.2   1,175-1,470  1,267.3  118.00-124.00  121.33
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      820     63.0     819-903      855.3  188.00-192.00  190.68
 65 - 80% Choice      106     62.2     781-790      787.0  190.00-192.00  191.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     926     62.9     781-903      847.5  188.00-192.00  190.74
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      372     63.6   1,350-1,425  1,386.6  121.00-122.00  121.38
 65 - 80% Choice                          -                      -
 35 - 65% Choice       75     63.5   1,225-1,225  1,225.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     447     63.6   1,225-1,425  1,359.5  121.00-122.00  121.49
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,007     62.9     765-936      878.0  188.00-192.00  190.32
 65 - 80% Choice      251     63.3     787-926      817.5  190.00-195.00  193.20
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,258     63.0     765-936      866.0  188.00-195.00  190.90
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   8,779     63.4   1,175-1,600  1,391.7  116.00-124.00  121.07
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,696     63.0     765-960      881.3  187.00-195.00  190.85
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      467     61.0   1,375-1,375  1,375.0   91.00-94.00    92.49
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     467     61.0   1,375-1,375  1,375.0   91.00-94.00    92.49
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      981     59.4     811-855      817.5  165.00-170.00  167.34
 65 - 80% Choice      482     59.9     801-816      812.2  166.00-166.00  166.00
 35 - 65% Choice      315     59.9     752-780      776.5  165.00-167.00  165.25
  0 - 35% Choice                          -                      -
 Total all grades   1,778     59.6     752-855      808.8  165.00-170.00  166.61
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      983     63.3     853-960      928.7  189.50-192.00  190.51
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       40     63.5     920-920      920.0  194.00-194.00  194.00
 Total all grades   1,023     63.3     853-960      928.4  189.50-194.00  190.64
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,583     62.6     759-957      846.3  188.00-192.00  191.89
 65 - 80% Choice      110     63.0     819-819      819.0  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,693     62.6     759-957      844.6  188.00-192.00  191.90
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      442     62.8     775-875      829.0  186.00-198.00  190.49
 65 - 80% Choice      340     62.1     775-918      853.9  180.00-195.00  191.88
 35 - 65% Choice       40     61.5     799-799      799.5  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades     822     62.5     775-918      837.8  180.00-198.00  191.28
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,538     62.8     759-960      867.2  180.00-198.00  191.39
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      644     60.0     775-775      775.0  151.00-152.00  151.87
 65 - 80% Choice      138     58.3     800-825      816.1  142.00-152.00  148.45
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     782     59.7     775-825      782.3  142.00-152.00  151.26
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

NATIONAL - All States

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
         816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
         www.ams.usda.gov/market-news/livestock-poultry-grain
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