Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, May 22, 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:   17,843    171,936      13,155      161,607      11,759      179,152

Live:         884     21,849       2,823       20,419       2,350       25,770

Total:     18,727    193,785      15,978      182,026      14,109      204,922



NEGOTIATED GRID NET:

Dressed:    1,081     12,116         926       11,726       2,959       18,336

Live:          39      2,767           0        2,504           0        3,324

Total:      1,120     14,883         926       14,230       2,959       21,660





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     973     63.0    791-932      847  227.74-240.18     235.80

65 - 80% Choice   1,005     64.0    832-895      862  228.24-238.24     231.71

35 - 65% Choice   6,308     64.4    776-962      871  222.16-237.80     228.26

 0 - 35% Choice     183     63.9    796-868      836  222.91-228.68     224.57

HEIFER

Over 80% Choice     619     63.9    715-839      760  228.40-240.06     236.18

65 - 80% Choice   1,223     63.8    728-827      776  226.54-240.38     233.50

35 - 65% Choice   2,576     64.1    727-834      771  222.38-237.92     227.49

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     530     62.3    726-877      794  232.03-242.93     234.92

65 - 80% Choice     484     63.1    723-892      853  232.96-240.08     234.71

35 - 65% Choice     143     60.7    661-781      735  216.31-239.15     229.55

 0 - 35% Choice     532     61.2    703-733      717  228.15-234.00     228.89

ALL STEERS & HEIFERS

                 14,576     63.9    661-962      828  216.31-242.93     230.09

MIXED STEER/HEIFER/COW

Over 80% Choice     296     64.0    872-872      872  231.68-231.68     231.68

65 - 80% Choice     539     63.4    804-852      823  234.00-236.86     236.20

35 - 65% Choice     312     62.4    682-906      798  212.48-226.59     223.15

 0 - 35% Choice     155     59.2    861-1,020    949  203.46-217.42     209.92

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,242     61.9    824-949      905  225.25-230.24     226.95

65 - 80% Choice     723     62.4    738-946      826  221.31-230.01     225.52

35 - 65% Choice                        -                    -

 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      83     62.8  1,373-1,373   1,373 148.00-148.00     148.00

35 - 65% Choice     495     62.2  1,133-1,532   1,269 144.50-146.00     145.22

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     119     62.2  1,218-1,218   1,218 148.00-148.00     148.00

65 - 80% Choice                        -                    -

35 - 65% Choice      73     61.9  1,196-1,196   1,196 145.00-145.00     145.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     114     62.2  1,217-1,232   1,224 143.50-145.00     144.26

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    884     62.2  1,133-1,532   1,260 143.50-148.00     145.71

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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      74     62.9    858-858      858  234.00-234.00     234.00

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      18     64.5    686-686      686  235.88-235.88     235.88

35 - 65% Choice      28     64.5    700-700      700  231.29-231.29     231.29

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     237     63.5    760-907      877  234.26-240.23     236.21

65 - 80% Choice     156     63.0    732-838      790  225.26-237.93     231.37

35 - 65% Choice      60     61.7    743-768      752  228.55-233.81     230.48

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    573     63.2    686-907      823  225.26-240.23     233.76

MIXED STEER/HEIFER/COW

Over 80% Choice     145     65.6    795-795      795  235.00-235.00     235.00

65 - 80% Choice     214     62.6    813-903      847  224.81-231.65     230.14

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     124     60.8    792-880      850  224.00-228.00     226.30

65 - 80% Choice      11     59.7    692-692      692  218.96-218.96     218.96

35 - 65% Choice      14     61.2    825-825      825  221.56-221.56     221.56

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      39     61.8  1,285-1,285   1,285 140.39-140.39     140.39

65 - 80% Choice                        -                    -

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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