Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, May 21, 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:   14,579    130,412      13,277      119,783      16,954      124,858

Live:       2,931     18,729       2,955       14,548       4,765       20,250

Total:     17,510    149,141      16,232      134,331      21,719      145,108



NEGOTIATED GRID NET:

Dressed:    1,382      6,709         876        8,035       1,900       13,014

Live:         506      1,826           0        2,318           0        2,648

Total:      1,888      8,535         876       10,353       1,900       15,662





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,410     63.9    805-890      849  234.63-265.48     243.43

65 - 80% Choice   3,083     64.0    755-923      869  229.59-258.62     235.89

35 - 65% Choice   2,069     63.8    717-930      842  227.91-238.50     234.50

 0 - 35% Choice      31     64.7    893-893      893  235.00-235.00     235.00

HEIFER

Over 80% Choice     461     64.2    774-818      784  232.47-262.97     249.65

65 - 80% Choice   1,799     63.9    728-810      779  230.68-234.89     232.48

35 - 65% Choice     599     64.5    754-800      783  229.42-231.31     230.15

 0 - 35% Choice      44     64.3    767-767      767  234.67-234.67     234.67

MIXED STEER/HEIFER

Over 80% Choice     347     62.6    731-891      770  235.89-242.57     238.46

65 - 80% Choice     247     62.1    694-824      739  233.72-239.87     236.81

35 - 65% Choice     202     65.2    932-932      932  228.47-228.47     228.47

 0 - 35% Choice     495     60.9    659-711      699  230.56-231.26     231.00

ALL STEERS & HEIFERS

                 10,787     63.8    659-932      825  227.91-265.48     236.04

MIXED STEER/HEIFER/COW

Over 80% Choice      35     60.8    920-920      920  232.53-232.53     232.53

65 - 80% Choice                        -                    -

35 - 65% Choice     718     62.8    622-1,059    874  219.99-234.98     225.92

 0 - 35% Choice     494     59.0    884-1,035    977  206.00-212.41     208.70

DAIRYBRED STEER/HEIFER

Over 80% Choice     663     61.3    787-883      834  224.74-231.97     227.86

65 - 80% Choice     865     60.0    720-912      818  219.80-231.00     227.81

35 - 65% Choice     989     61.8    754-872      812  222.51-228.40     226.03

 0 - 35% Choice      28     56.8    694-694      694  216.29-216.29     216.29





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     304     62.5  1,309-1,434   1,371 145.00-160.28     147.37

65 - 80% Choice     274     63.1  1,398-1,446   1,411 147.80-158.83     150.70

35 - 65% Choice     662     63.4  1,254-1,504   1,335 144.87-146.00     145.50

 0 - 35% Choice     156     63.3  1,244-1,341   1,294 144.87-145.74     145.32

HEIFER

Over 80% Choice      80     62.2  1,189-1,206   1,198 161.59-161.82     161.71

65 - 80% Choice     185     63.0  1,085-1,234   1,189 144.94-145.50     145.24

35 - 65% Choice     827     62.1  1,118-1,241   1,153 145.00-146.00     145.30

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      45     61.9  1,383-1,383   1,383 149.35-149.35     149.35

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,533     62.8  1,085-1,504   1,271 144.87-161.82     146.77

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      36     59.7  1,296-1,296   1,296 137.44-137.44     137.44

65 - 80% Choice      36     59.1  1,283-1,283   1,283 137.44-137.44     137.44

35 - 65% Choice     326     61.1  1,257-1,358   1,315 134.00-137.94     135.47

 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      38     65.8    935-935      935  233.49-233.49     233.49

35 - 65% Choice      12     62.5    901-901      901  227.31-227.31     227.31

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      89     63.6    716-716      716  230.00-230.00     230.00

MIXED STEER/HEIFER

Over 80% Choice     723     63.6    642-891      790  228.28-243.93     238.41

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     191     64.5    818-911      858  217.10-231.50     227.95

ALL STEERS & HEIFERS

                  1,053     63.8    642-935      802  217.10-243.93     235.50

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      87     61.6    715-863      781  225.40-230.44     227.66

35 - 65% Choice     198     61.7    693-953      887  214.31-226.32     224.82

 0 - 35% Choice      25     59.8  1,022-1,022   1,022 216.50-216.50     216.50

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      19     59.7    761-761      761  229.36-229.36     229.36

35 - 65% Choice                        -                    -

 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                        -                    -

 0 - 35% Choice      39     65.6  1,262-1,262   1,262 144.00-144.00     144.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      86     65.2  1,145-1,145   1,145 146.00-146.00     146.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     217     64.8  1,152-1,384   1,273 141.41-144.09     142.59

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    342     65.0  1,145-1,384   1,239 141.41-146.00     143.61

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     164     61.2  1,264-1,264   1,264 135.66-135.66     135.66

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





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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