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USDA-LM: Texas-Oklahoma Weekly Direct Slaughter Cattle - Negotiated Purchases

St Joseph, MO - Mon Dec 4, 2017 - USDA Market News


TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 12/3/2017

On Thursday in the Texas Panhandle, trade was moderate on good demand with very 
limited trade on light demand on Friday. For the week in the Texas Panhandle, live 
purchases traded 3.00 higher at 121.00. 

NEGOTIATED CASH:
Confirmed for the week: 9,335    Week ago: 7,585    Year ago: 8,658
NEGOTIATED GRID BASE:
Confirmed for the week: 2,049    Week ago: 468      Year ago: 3,416

                             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        51   63.8  1,300-1,300  1,300  121.00-121.00  121.00
 65 - 80% Choice     1,254   63.7  1,215-1,450  1,330  120.00-121.00  120.87
 35 - 65% Choice     2,761   63.7  1,200-1,500  1,340  120.00-121.00  120.93
  0 - 35% Choice                        -                    -
 Total all grades    4,066   63.7  1,200-1,500  1,336  120.00-121.00  120.91
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       127   63.7  1,300-1,300  1,300  121.00-121.00  121.00
 65 - 80% Choice     2,078   63.8  1,125-1,450  1,223  117.00-121.00  120.90
 35 - 65% Choice       845   63.7  1,100-1,240  1,173  121.00-121.00  121.00
  0 - 35% Choice                        -                    -
 Total all grades    3,050   63.8  1,100-1,450  1,212  117.00-121.00  120.93
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       993   63.9  1,140-1,375  1,284  121.00-121.00  121.00
 35 - 65% Choice     1,226   63.4  1,200-1,400  1,325  121.00-121.00  121.00
  0 - 35% Choice                        -                    -
 Total all grades    2,219   63.6  1,140-1,400  1,307  121.00-121.00  121.00
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            9,335   63.7  1,100-1,500  1,289  117.00-121.00  120.94

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED                      -                    -

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: 
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: 
 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
 No Reportable Trade.
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       271   63.9    863-932      888  198.00-199.50  198.55
 35 - 65% Choice       127   63.1    765-859      811  194.50-199.50  197.85
  0 - 35% Choice                        -                    -
 Total all grades      398   63.6    765-932      863  194.50-199.50  198.32
STEERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice        37   64.0    864-864      864  197.00-197.00  197.00
 35 - 65% Choice       103   65.2    912-912      913  198.50-198.50  198.50
  0 - 35% Choice                        -                    -
 Total all grades      140   64.9    864-912      900  197.00-198.50  198.10


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 No Reportable Trade.
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice       268   64.0    768-797      780  198.00-198.50  198.19
 65 - 80% Choice       347   64.1    819-852      838  198.00-198.50  198.05
 35 - 65% Choice       364   64.8    674-734      721  198.50-198.50  198.50
  0 - 35% Choice                        -                    -
 Total all grades      979   64.3    674-852      779  198.00-198.50  198.25
HEIFERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       417   64.6    752-796      771  198.00-198.00  198.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      417   64.6    752-796      771  198.00-198.00  198.00


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        30   62.2    777-777      778  201.50-201.50  201.50
 65 - 80% Choice                        -                    -
 35 - 65% Choice        85   62.5    765-812      789  199.50-199.50  199.50
  0 - 35% Choice                        -                    -
 Total all grades      115   62.4    765-812      786  199.50-201.50  200.02
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                               -                    -

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   1,492   64.0    674-932      802  194.50-201.50  198.41

 DRESSED FOB           557   64.7    752-912      803  197.00-198.50  198.03


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: 
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: 
 No Reportable Trade.


WEEKLY ACCUMULATED        Head Count     Avg Weight         Avg Price
Live         Steer            4,066          1,336.30          $120.91
Live         Heifer           3,050          1,212.30          $120.93
Dressed      Steer
Dressed      Heifer

SAME PERIOD LAST WEEK     Head Count     Avg Weight         Avg Price
Live         Steer            4,699          1,315.90          $117.98
Live         Heifer           1,415          1,221.60          $118.00
Dressed      Steer
Dressed      Heifer

SAME PERIOD LAST YEAR     Head Count     Avg Weight         Avg Price
Live         Steer            4,803          1,340.20          $114.74
Live         Heifer           2,665          1,208.20          $114.61
Dressed      Steer
Dressed      Heifer


WEEKLY PRICE DISTRIBUTION
Live FOB                             Dressed Delivered
Head       Price                     Head      Price
34         117.00-117.49
0          117.50-117.99
0          118.00-118.49
0          118.50-118.99
0          119.00-119.49
0          119.50-119.99
439        120.00-120.49
0          120.50-120.99
8,862      121.00-121.49


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.

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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