Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, May 16, 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:   13,777    191,097      14,021      207,931      14,626      203,578

Live:       2,572     27,958       1,536       31,618       1,759       30,575

Total:     16,349    219,055      15,557      239,549      16,385      234,153



NEGOTIATED GRID NET:

Dressed:    1,745     14,104       2,171       17,396       3,183       24,104

Live:         524      3,189         157        3,213           0        3,605

Total:      2,269     17,293       2,328       20,609       3,183       27,709





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     710     64.2    626-941      832  217.43-242.31     235.32

65 - 80% Choice   3,066     64.4    655-918      854  218.55-241.73     236.05

35 - 65% Choice   3,000     64.5    649-936      842  222.20-242.10     233.05

 0 - 35% Choice     200     63.0    717-772      748  220.23-222.77     222.09

HEIFER

Over 80% Choice     275     62.8    714-756      740  238.34-241.34     239.59

65 - 80% Choice     532     64.1    704-755      742  229.21-236.14     232.79

35 - 65% Choice     839     64.5    688-803      727  221.06-232.42     229.09

 0 - 35% Choice     101     55.8    744-744      744  216.00-216.00     216.00

MIXED STEER/HEIFER

Over 80% Choice     718     62.3    642-911      794  221.84-243.63     237.83

65 - 80% Choice     399     63.6    732-866      807  235.17-239.22     236.85

35 - 65% Choice     200     63.1    783-850      801  234.00-239.75     236.95

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 10,040     64.1    626-941      819  216.00-243.63     234.14

MIXED STEER/HEIFER/COW

Over 80% Choice     369     63.4    765-822      802  239.72-243.23     242.00

65 - 80% Choice     248     62.2    770-852      794  215.09-231.64     219.89

35 - 65% Choice      72     60.1    722-900      799  218.47-220.94     219.53

 0 - 35% Choice     469     59.4    612-1,044    918  197.49-222.72     203.98

DAIRYBRED STEER/HEIFER

Over 80% Choice     393     61.7    888-973      912  227.82-231.20     228.62

65 - 80% Choice   1,186     61.9    676-957      858  221.72-234.49     227.17

35 - 65% Choice     648     62.3    720-932      859  220.29-230.52     226.62

 0 - 35% Choice     352     61.4    550-864      803  200.87-234.35     225.91





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                        -                    -

35 - 65% Choice   2,169     63.5  1,094-1,247   1,157 142.50-143.19     142.89

 0 - 35% Choice     125     63.5  1,233-1,233   1,233 143.16-143.16     143.16

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     278     63.7  1,077-1,218   1,136 142.75-147.00     144.52

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,572     63.5  1,077-1,247   1,158 142.50-147.00     143.08

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     126     64.3    783-891      826  234.21-235.91     234.57

65 - 80% Choice      69     65.2    803-803      803  226.74-226.74     226.74

35 - 65% Choice     452     63.8    725-831      793  226.25-237.26     226.82

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      11     63.9    773-773      773  246.15-246.15     246.15

65 - 80% Choice                        -                    -

35 - 65% Choice     191     64.2    788-856      814  222.42-224.79     223.31

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     153     62.4    731-846      796  233.58-243.43     237.96

65 - 80% Choice      42     61.3    879-879      879  234.58-234.58     234.58

35 - 65% Choice      40     63.5    770-770      770  237.81-237.81     237.81

 0 - 35% Choice     322     64.1    793-847      814  221.90-223.87     222.84

ALL STEERS & HEIFERS

                  1,406     63.8    725-891      806  221.90-246.15     228.03

MIXED STEER/HEIFER/COW

Over 80% Choice      56     62.5    818-826      820  228.49-236.00     234.26

65 - 80% Choice      35     61.1    769-769      769  230.95-230.95     230.95

35 - 65% Choice      96     62.1    798-834      814  216.36-222.58     220.69

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     115     59.8    747-907      841  221.52-232.70     227.15

65 - 80% Choice                        -                    -

35 - 65% Choice      37     63.8    784-784      784  230.32-230.32     230.32

 0 - 35% Choice                        -                    -





NEGOTIATED GRID 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                        -                    -

35 - 65% Choice      12     65.7  1,326-1,326   1,326 142.36-142.36     142.36

 0 - 35% Choice     116     63.9  1,500-1,511   1,504 141.64-142.62     142.30

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      97     64.5  1,113-1,113   1,113 141.35-141.35     141.35

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     126     62.9  1,283-1,283   1,283 136.31-136.31     136.31

 0 - 35% Choice     173     64.4  1,185-1,282   1,231 138.93-141.27     140.04

ALL STEERS & HEIFERS

                    524     64.0  1,113-1,511   1,284 136.31-142.62     139.94

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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