LM_CT158
St Joseph, MO    Mon May 6, 2019     USDA Market News

NEBRASKA WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 5/5/2019

On Tuesday and Wednesday in Nebraska, negotiated cash trading and demand
were moderate with heavy movement. For the week, the bulk of the live trades
moved 1.00 to 3.50 lower at 124.00 and the bulk of the dressed cash trades
moved 5.00 to 11.00 lower from 194.00 to 200.00.

NEGOTIATED CASH:
Confirmed for the week: 61,517   Week ago: 35,017   Year ago: 58,098
NEGOTIATED GRID BASE:
Confirmed for the week: 2,830    Week ago: 3,645    Year ago: 4,884

                             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     8,105   62.6  1,290-1,535  1,392  121.00-126.00  123.85
 65 - 80% Choice    11,221   63.2  1,275-1,466  1,413  123.00-124.00  123.73
 35 - 65% Choice        55   62.3  1,560-1,560  1,560  124.00-124.00  124.00
  0 - 35% Choice                        -                    -
 Total all grades   19,381   63.0  1,275-1,560  1,405  121.00-126.00  123.78
STEERS: LIVE DELIVERED
 Over 80% Choice       280   63.0  1,450-1,450  1,450  127.25-127.25  127.25
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      280   63.0  1,450-1,450  1,450  127.25-127.25  127.25
STEERS: DRESSED DELIVERED
 Over 80% Choice    13,357   63.3    687-992      878  190.00-201.00  198.07
 65 - 80% Choice     8,375   62.8    687-928      859  196.00-201.00  199.65
 35 - 65% Choice     3,185   62.8    781-859      838  194.00-200.00  196.38
  0 - 35% Choice                        -                    -
 Total all grades   24,917   63.0    687-992      867  190.00-201.00  198.39
STEERS: DRESSED FOB
 Over 80% Choice       309   63.0    835-905      869  198.00-201.00  199.74
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      309   63.0    835-905      869  198.00-201.00  199.74


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice     4,515   62.8  1,085-1,460  1,269  123.00-126.00  124.03
 65 - 80% Choice     1,439   62.6  1,200-1,325  1,269  123.00-124.00  123.93
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    5,954   62.7  1,085-1,460  1,269  123.00-126.00  124.01
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice     2,721   63.1    687-893      794  190.00-201.00  198.21
 65 - 80% Choice     1,546   63.0    703-928      800  194.00-201.00  199.37
 35 - 65% Choice       217   62.5    809-809      809  198.00-198.00  198.00
  0 - 35% Choice                        -                    -
 Total all grades    4,484   63.0    687-928      797  190.00-201.00  198.60
HEIFERS: DRESSED FOB
 Over 80% Choice        86   62.0    806-806      806  200.00-200.00  200.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       86   62.0    806-806      806  200.00-200.00  200.00


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 Over 80% Choice       772   63.2  1,250-1,450  1,325  122.00-124.00  123.83
 65 - 80% Choice     1,089   62.4  1,245-1,385  1,309  120.00-124.00  123.30
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    1,861   62.8  1,245-1,450  1,316  120.00-124.00  123.52
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice     1,888   62.7    771-921      828  196.00-201.00  199.16
 65 - 80% Choice     1,649   62.8    761-889      827  196.00-200.00  198.24
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    3,537   62.7    761-921      828  196.00-201.00  198.73
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           27,196   62.9  1,085-1,560  1,369  120.00-126.00  123.81

 LIVE DELIVERED        280   63.0  1,450-1,450  1,450  127.25-127.25  127.25

 DRESSED DELIVERED  32,938   63.0    687-992      853  190.00-201.00  198.45

 DRESSED FOB           395   62.8    806-905      856  198.00-201.00  199.80


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       675   59.0    796-796      797  165.00-175.00  170.16
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      675   59.0    796-796      797  165.00-175.00  170.16
DAIRYBRED STEER/HEIFERS: DRESSED FOB
 Over 80% Choice        18   58.5    862-862      863  148.00-148.00  148.00
 65 - 80% Choice        15   58.5    877-877      878  148.00-148.00  148.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       33   58.5    862-877      870  148.00-148.00  148.00


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
 Over 80% Choice                        -                    -
 65 - 80% Choice       383   63.0  1,340-1,375  1,358  122.00-123.00  122.63
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      383   63.0  1,340-1,375  1,358  122.00-123.00  122.63
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice       450   64.1    906-928      922  197.50-205.00  202.72
 65 - 80% Choice       437   64.0    864-912      897  201.00-201.00  201.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      887   64.1    864-928      909  197.50-205.00  201.87
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       135   63.6  1,320-1,320  1,320  122.00-122.00  122.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      135   63.6  1,320-1,320  1,320  122.00-122.00  122.00
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       280   61.7    775-838      793  200.00-200.00  200.00
 35 - 65% Choice       358   61.9    808-901      891  197.00-200.00  199.35
  0 - 35% Choice                        -                    -
 Total all grades      638   61.8    775-901      848  197.00-200.00  199.64
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
 No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        40   62.5    812-812      812  200.00-200.00  200.00
 65 - 80% Choice       701   61.3    750-850      803  200.00-200.00  200.00
 35 - 65% Choice        12   62.5    806-806      806  200.00-200.00  200.00
  0 - 35% Choice                        -                    -
 Total all grades      753   61.4    750-850      804  200.00-200.00  200.00
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              518   63.1  1,320-1,375  1,348  122.00-123.00  122.47

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   2,278   62.6    750-928      857  197.00-205.00  200.63

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        34   59.9    882-882      883  155.00-155.00  155.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       34   59.9    882-882      883  155.00-155.00  155.00
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: 
 No Reportable Trade.


WEEKLY ACCUMULATED      Head Count     Avg Weight        Avg Price
 Live      Steer          19,381          1,404.80          $123.78
 Live      Heifer          5,954          1,268.90          $124.01
 Dressed   Steer          24,917            866.60          $198.39
 Dressed   Heifer          4,484            796.80          $198.60

SAME PERIOD LAST WEEK   Head Count     Avg Weight        Avg Price
 Live      Steer          13,200          1,383.90          $126.18
 Live      Heifer          2,813          1,247.80          $126.20
 Dressed   Steer           9,020            878.20          $204.47
 Dressed   Heifer          3,038            803.10          $205.22

SAME PERIOD LAST YEAR   Head Count     Avg Weight        Avg Price
 Live      Steer          19,202          1,368.30          $124.68
 Live      Heifer         11,348          1,254.60          $123.48
 Dressed   Steer          11,505            863.50          $192.63
 Dressed   Heifer          3,225            804.50          $194.02


WEEKLY PRICE DISTRIBUTION

Live FOB                             Dressed Delivered
Head       Price                     Head       Price
103        120.00-120.49             499        190.00-190.49
0          120.50-120.99             0          190.50-190.99
200        121.00-121.49             0          191.00-191.49
0          121.50-121.99             0          191.50-191.99
621        122.00-122.49             0          192.00-192.49
0          122.50-122.99             0          192.50-192.99
4,520      123.00-123.49             0          193.00-193.49
0          123.50-123.99             0          193.50-193.99
20,405     124.00-124.49             3,213      194.00-194.49
0          124.50-124.99             0          194.50-194.99
1,093      125.00-125.49             122        195.00-195.49
0          125.50-125.99             0          195.50-195.99
254        126.00-126.49             4,773      196.00-196.49
                                     0          196.50-196.99
                                     0          197.00-197.49
                                     0          197.50-197.99
                                     4,391      198.00-198.49
                                     0          198.50-198.99
                                     390        199.00-199.49
                                     0          199.50-199.99
                                     17,401     200.00-200.49
                                     0          200.50-200.99
                                     2,149      201.00-201.49


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

1000C






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