Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, May 15, 2014    USDA Market News



NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -

Cattle Priced So Far Today



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   13,155    161,430      15,144      177,847      14,622      181,598

Live:       2,823     20,419       2,615       23,535       2,296       24,452

Total:     15,978    181,849      17,759      201,382      16,918      206,050



NEGOTIATED GRID NET:

Dressed:      926     11,726       1,437       13,910       3,550       19,627

Live:           0      2,593           0        2,678         556        3,332

Total:        926     14,319       1,437       16,588       4,106       22,959





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,381     64.4    808-935      880  230.89-240.08     236.01

65 - 80% Choice     886     63.4    781-917      854  230.48-240.70     237.50

35 - 65% Choice   1,389     64.3    621-938      838  219.27-240.56     232.22

 0 - 35% Choice     265     62.7    708-708      708  227.24-227.24     227.24

HEIFER

Over 80% Choice     628     64.2    710-787      771  234.27-242.58     236.91

65 - 80% Choice   1,883     64.5    722-770      745  232.91-240.54     234.15

35 - 65% Choice   1,294     64.8    720-778      757  230.86-233.03     231.74

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     773     62.4    665-909      793  234.98-241.01     238.63

65 - 80% Choice     165     61.3    655-821      745  232.60-236.96     235.25

35 - 65% Choice      73     63.6    830-868      855  234.42-235.73     234.89

 0 - 35% Choice     491     60.0    657-742      702  229.65-231.20     231.01

ALL STEERS & HEIFERS

                  9,228     63.8    621-938      795  219.27-242.58     234.34

MIXED STEER/HEIFER/COW

Over 80% Choice     822     63.1    735-813      778  236.00-243.32     238.79

65 - 80% Choice     208     62.5    760-812      792  236.00-239.25     238.02

35 - 65% Choice     450     61.8    864-911      882  214.90-233.00     224.62

 0 - 35% Choice     610     60.2    873-1,065   1,009 202.79-218.94     212.46

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,207     62.4    771-947      890  226.95-235.40     228.47

65 - 80% Choice     222     61.9    797-922      850  227.92-232.10     230.17

35 - 65% Choice     408     61.9    704-878      830  220.23-233.34     224.68

 0 - 35% Choice                        -                    -





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                        -                    -

65 - 80% Choice     584     63.6  1,210-1,431   1,404 146.00-147.95     147.38

35 - 65% Choice   1,504     63.7  1,215-1,456   1,326 146.00-147.50     146.89

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      75     62.6  1,136-1,136   1,136 146.50-146.50     146.50

65 - 80% Choice     205     63.9  1,214-1,360   1,264 146.00-146.50     146.17

35 - 65% Choice     199     64.0  1,166-1,166   1,166 146.50-146.50     146.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     185     62.2  1,129-1,193   1,149 146.00-146.00     146.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,752     63.6  1,129-1,456   1,309 146.00-147.95     146.84

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      71     59.8  1,333-1,333   1,333 136.75-136.75     136.75

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                        -                    -

65 - 80% Choice      80     62.5    806-833      821  237.98-239.23     238.68

35 - 65% Choice     158     64.1    863-863      863  237.00-237.00     237.00

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      60     63.1    784-809      793  237.43-241.58     238.95

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    298     63.5    784-863      838  237.00-241.58     237.84

MIXED STEER/HEIFER/COW

Over 80% Choice     201     64.7    813-813      813  237.00-237.00     237.00

65 - 80% Choice                        -                    -

35 - 65% Choice     154     60.2    763-846      811  220.99-228.39     225.55

 0 - 35% Choice     190     58.3    922-928      926  216.53-220.22     219.19

DAIRYBRED STEER/HEIFER

Over 80% Choice      34     62.4    805-862      827  225.12-229.19     226.68

65 - 80% Choice                        -                    -

35 - 65% Choice      49     61.4    706-803      749  220.85-228.02     224.95

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

 No Reportable Trade.





Source:    USDA Market News Service, St. Joseph, MO

           816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews



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