National Daily Direct Slaughter Cattle Report - Negotiated Purchases - Summary
LM_CT115
St Joseph, MO    Wed May 16, 2018    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 05/15/2018

On Tuesday, trade was light to moderate on light demand in the Southern Plains, 
Nebraska and the Western Cornbelt. Compared to last week in the Texas Panhandle, 
early live purchases have traded mostly 6.00 lower from 116.00-117.00, bulk at 
116.00. In Kansas compared to last week, early live purchases have traded mostly 
5.00 lower from 114.00-117.00, bulk at 117.00. Compared to last week in Nebraska, 
early live purchases traded mostly 7.00 lower at 115.00 with a few up to 117.00. 
Dressed purchases last week traded from 189.00-195.00. In the Western Cornbelt 
compared to last week, early dressed purchases have traded 4.00-9.00 lower mostly 
at 184.00. Live purchases for the week have traded 2.00-4.00 lower from 116.00-
122.00. Trade was inactive on light demand in Colorado. In Colorado last week, 
live purchases traded from 119.00-122.00.

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:      31,373            Week ago:    3,751          Year ago:    2,718
Week to Date:   42,661            Week ago:    8,291          Year ago:    2,961

NEGOTIATED GRID BASE:
Confirmed:       2,498            Week ago:    1,279          Year ago:    2,351
Week to Date:    4,759            Week ago:    2,872          Year ago:    4,409


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    6,669     62.9   1,300-1,425  1,399.5  114.00-122.00  115.88
 65 - 80% Choice    7,286     62.3   1,250-1,415  1,361.8  112.00-117.00  115.79
 35 - 65% Choice    1,357     63.4   1,225-1,375  1,300.9  116.00-116.00  116.00
  0 - 35% Choice      147     63.8   1,300-1,300  1,300.0  116.00-116.00  116.00
 Total all grades  15,459     62.7   1,225-1,425  1,372.1  112.00-122.00  115.85
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,039     63.3     830-960      882.6  184.00-192.00  188.57
 65 - 80% Choice      334     62.8     777-897      885.6  184.00-184.00  184.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,373     63.1     777-960      883.3  184.00-192.00  187.46
HEIFER - LIVE - FOB
 Over 80% Choice    1,496     63.1   1,150-1,325  1,239.9  114.00-120.00  115.90
 65 - 80% Choice    3,243     62.4   1,150-1,250  1,199.7  115.00-117.00  116.46
 35 - 65% Choice      936     63.0   1,125-1,280  1,179.9  116.00-117.00  116.23
  0 - 35% Choice                          -                      -
 Total all grades   5,675     62.7   1,125-1,325  1,207.0  114.00-120.00  116.27
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      277     62.7     718-752      723.8  184.00-191.00  185.06
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     277     62.7     718-752      723.8  184.00-191.00  185.06
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      926     63.5   1,200-1,380  1,283.0  116.00-121.50  117.91
 65 - 80% Choice    2,723     63.1   1,170-1,325  1,236.9  114.00-117.00  115.85
 35 - 65% Choice      340     63.2   1,150-1,200  1,174.9  115.00-116.00  115.50
  0 - 35% Choice                          -                      -
 Total all grades   3,989     63.2   1,150-1,380  1,242.3  114.00-121.50  116.30
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      866     63.1     803-889      821.3  185.00-194.00  189.06
 65 - 80% Choice      665     62.8     819-837      834.3  184.00-185.00  184.18
 35 - 65% Choice      995     62.5     953-953      953.1  184.00-184.00  184.00
  0 - 35% Choice                          -                      -
 Total all grades   2,526     62.8     803-953      876.7  184.00-194.00  185.78
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  25,123     62.8   1,125-1,425  1,314.2  112.00-122.00  116.02
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   4,176     62.9     718-960      868.7  184.00-194.00  186.28
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       92     59.5   1,375-1,500  1,404.9   87.00-90.50    89.47
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      92     59.5   1,375-1,500  1,404.9   87.00-90.50    89.47
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.  
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      575     62.9     750-912      850.1  185.00-192.00  186.59
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     575     62.9     750-912      850.1  185.00-192.00  186.59
HEIFER 
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      934     62.8     756-871      802.1  184.00-196.00  188.17
 65 - 80% Choice       91     61.9     803-854      831.1  185.00-192.00  188.15
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,025     62.8     756-871      804.6  184.00-196.00  188.17
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,600     62.8     750-912      821.0  184.00-196.00  187.60
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      517     59.8     775-826      778.3  151.00-155.00  153.16
 65 - 80% Choice      319     59.9     800-825      821.3  144.00-150.00  148.80
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     836     59.8     775-826      794.7  144.00-155.00  151.50
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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