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Saturday, May 17, 2008
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LM_CT115
St Joseph, MO Fri May 16, 2008 USDA Market News Service
NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 5/15/08
Trading was moderate in Iowa/Minnesota with good demand, light to moderate in
Nebraska with most trade in the Eastern areas on good demand and light in Kansas
with light demand. Dressed sales in Iowa/Minnesota and Nebraska trading mostly 1.00
higher from mostly 149.00-150.00. Not enough sales reported in all other areas to
establish a market trend. Last week in the South Plains live sales sold at 94.00.
Dressed sales in Kansas ranged from 148.50-149.00. Last week lives sales in Colorado
and Nebraska sold at 94.00 while Iowa/Minnesota sold at 92.00. Dressed sales in the
Northern Plains and Western Cornbelt ranged from 147.00-149.00.
This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary basis.
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: 31,600 Week ago: 37,971 Year ago: 103,897
Week to Date: 34,018 Week ago: 66,066 Year ago: 119,708
NEGOTIATED GRID BASE:
Confirmed: 3,767 Week ago: 6,106 Year ago: 16,159
Week to Date: 10,152 Week ago: 16,170 Year ago: 34,265
NEGOTIATED CASH SALES
Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg
Count Dress Pct Range Weight Range Price
STEER - LIVE - FOB
Over 80% Choice 1,417 63.6 1,200-1,350 1,286.0 92.00-95.50 94.35
65 - 80% Choice 1,183 63.4 1,200-1,350 1,262.1 92.00-94.00 93.71
35 - 65% Choice 1,299 63.5 1,235-1,400 1,313.1 90.00-94.00 93.55
0 - 35% Choice - -
Total all grades 3,899 63.5 1,200-1,400 1,287.8 90.00-95.50 93.89
STEER - DRESSED - DELIVERED
Over 80% Choice 568 63.0 781-896 838.6 150.00-150.00 150.00
65 - 80% Choice 6,015 63.1 744-904 833.7 147.50-152.00 149.94
35 - 65% Choice 8,635 63.0 700-889 838.3 148.00-152.00 149.95
0 - 35% Choice - -
Total all grades 15,218 63.0 700-904 836.5 147.50-152.00 149.94
HEIFER - LIVE - FOB
Over 80% Choice - -
65 - 80% Choice 618 63.5 1,075-1,250 1,188.8 90.50-95.00 93.64
35 - 65% Choice 519 63.8 1,125-1,215 1,176.2 94.00-94.00 94.00
0 - 35% Choice - -
Total all grades 1,137 63.6 1,075-1,250 1,183.0 90.50-95.00 93.81
HEIFER - DRESSED - DELIVERED
Over 80% Choice - -
65 - 80% Choice 944 63.2 715-850 780.4 148.00-150.00 149.41
35 - 65% Choice 2,012 62.9 750-800 774.4 148.00-150.00 149.91
0 - 35% Choice - -
Total all grades 2,956 63.0 715-850 776.3 148.00-150.00 149.75
MIXED STEER/HEIFER - LIVE - FOB
Over 80% Choice 166 64.1 1,150-1,250 1,186.7 92.75-95.00 93.55
65 - 80% Choice 393 63.1 1,175-1,250 1,219.7 90.00-94.00 92.76
35 - 65% Choice 267 63.4 1,200-1,275 1,247.5 91.50-94.00 92.24
0 - 35% Choice - -
Total all grades 826 63.4 1,150-1,275 1,222.1 90.00-95.00 92.75
MIXED STEER/HEIFER - DRESSED - DELIVERED
Over 80% Choice - -
65 - 80% Choice 879 62.9 718-803 779.1 149.00-152.00 149.96
35 - 65% Choice 3,472 62.2 700-850 771.2 148.00-157.00 150.74
0 - 35% Choice - -
Total all grades 4,351 62.4 700-850 772.8 148.00-157.00 150.58
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
Total all grades 5,862 63.5 1,075-1,400 1,258.2 90.00-95.50 93.71
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
Total all grades 22,525 62.9 700-904 816.3 147.50-157.00 150.04
DAIRYBRED STEER/HEIFER - LIVE - FOB
Over 80% Choice - -
65 - 80% Choice - -
35 - 65% Choice - -
0 - 35% Choice 11 65.0 1,425-1,425 1,425.0 84.50-84.50 84.50
Total all grades 11 65.0 1,425-1,425 1,425.0 84.50-84.50 84.50
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
Over 80% Choice 187 62.0 681-906 831.9 141.00-144.00 143.39
65 - 80% Choice - -
35 - 65% Choice 115 59.7 700-803 767.4 140.00-142.00 140.70
0 - 35% Choice - -
Total all grades 302 61.1 681-906 807.3 140.00-144.00 142.36
MIXED STEER/HEIFER/COW
No Trade Reported.
NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg
Count Dress Pct Range Weight Range Price
STEER - LIVE - FOB
Over 80% Choice - -
65 - 80% Choice 40 63.5 1,250-1,250 1,250.0 92.00-92.00 92.00
35 - 65% Choice - -
0 - 35% Choice - -
Total all grades 40 63.5 1,250-1,250 1,250.0 92.00-92.00 92.00
STEER - DRESSED - DELIVERED
Over 80% Choice 158 63.1 793-850 830.9 149.00-151.00 150.24
65 - 80% Choice 617 62.2 741-850 782.5 147.00-152.00 149.88
35 - 65% Choice 559 61.6 777-850 796.2 148.00-151.50 148.79
0 - 35% Choice - -
Total all grades 1,334 62.1 741-850 794.0 147.00-152.00 149.47
HEIFER - LIVE - FOB
No Trade Reported.
HEIFER - DRESSED - DELIVERED
Over 80% Choice - -
65 - 80% Choice 53 63.2 704-756 743.2 149.00-151.00 150.51
35 - 65% Choice - -
0 - 35% Choice - -
Total all grades 53 63.2 704-756 743.2 149.00-151.00 150.51
MIXED STEER/HEIFER - LIVE - FOB
No Trade Reported.
MIXED STEER/HEIFER - DRESSED - DELIVERED
Over 80% Choice 80 63.3 777-803 790.6 150.00-150.00 150.00
65 - 80% Choice 728 62.9 724-825 767.6 146.00-151.00 149.30
35 - 65% Choice 1,299 62.4 693-800 758.0 147.00-152.00 150.65
0 - 35% Choice - -
Total all grades 2,107 62.6 693-825 762.6 146.00-152.00 150.16
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
Total all grades 40 63.5 1,250-1,250 1,250.0 92.00-92.00 92.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
Total all grades 3,494 62.4 693-850 774.3 146.00-152.00 149.90
DAIRYBRED STEER/HEIFER - LIVE - FOB
No Trade Reported.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
Over 80% Choice - -
65 - 80% Choice 38 60.0 750-750 750.0 145.00-145.00 145.00
35 - 65% Choice 195 58.6 725-796 770.8 138.00-138.00 138.00
0 - 35% Choice - -
Total all grades 233 58.9 725-796 767.4 138.00-145.00 139.14
MIXED STEER/HEIFER/COW
No Trade Reported.
NATIONAL - All States
Source: USDA Market News Service, St. Joseph, MO
816-238-0678 email: stjoe.lgmn@usda.gov
http://www.ams.usda.gov/LSMarketNews
1130C
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