Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, May 23, 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:    9,192    198,113      13,809      191,129      12,405      206,481

Live:       2,804     27,683       2,572       27,984       2,540       33,481

Total:     11,996    225,796      16,381      219,113      14,945      239,962



NEGOTIATED GRID NET:

Dressed:      490     14,254       1,809       14,168       2,010       23,210

Live:         486      3,253         524        3,100           0        4,216

Total:        976     17,507       2,333       17,268       2,010       27,426





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     500     63.6    736-925      844  233.39-243.91     237.42

65 - 80% Choice     771     63.4    679-949      873  225.80-237.19     233.48

35 - 65% Choice   1,179     63.2    743-930      820  221.31-235.60     228.78

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     567     63.2    709-843      779  229.40-240.26     235.56

65 - 80% Choice     355     64.0    708-816      741  229.09-238.28     230.54

35 - 65% Choice   1,366     63.2    675-811      739  214.78-230.27     225.81

 0 - 35% Choice     333     57.2    713-725      717  212.15-216.38     213.50

MIXED STEER/HEIFER

Over 80% Choice     105     61.5    735-777      763  234.23-235.91     235.66

65 - 80% Choice     183     62.7    773-924      869  218.70-237.15     231.27

35 - 65% Choice     131     62.7    732-830      770  226.07-234.00     228.74

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,490     62.9    675-949      793  212.15-243.91     229.59

MIXED STEER/HEIFER/COW

Over 80% Choice     113     59.8    631-988      749  229.96-237.84     232.61

65 - 80% Choice                        -                    -

35 - 65% Choice     188     60.4    725-1,006    822  212.80-226.17     217.59

 0 - 35% Choice     485     58.9    569-1,013    921  195.84-211.36     201.66

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,461     61.3    698-919      836  222.20-236.78     231.86

65 - 80% Choice   1,455     62.3    777-920      864  221.95-228.22     225.82

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     709     62.9  1,384-1,494   1,441 145.50-148.87     147.13

35 - 65% Choice     914     62.9  1,119-1,500   1,149 141.87-145.50     142.03

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     123     62.7  1,313-1,313   1,313 146.00-146.00     146.00

35 - 65% Choice     329     63.1  1,037-1,056   1,046 141.63-141.69     141.66

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     286     60.0  1,170-1,314   1,233 163.00-163.00     163.00

35 - 65% Choice      85     62.9  1,334-1,334   1,334 143.50-143.50     143.50

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,446     62.6  1,037-1,500   1,244 141.63-163.00     146.16

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      36     58.6  1,231-1,231   1,231 136.44-136.44     136.44

35 - 65% Choice     322     60.8  1,320-1,384   1,340 134.00-136.00     135.49

 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     160     64.7    811-925      856  235.21-237.85     236.71

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      54     63.2    855-885      872  228.25-229.92     228.99

35 - 65% Choice      68     64.9    792-792      792  230.42-230.42     230.42

 0 - 35% Choice      43     61.8    849-849      849  223.89-223.89     223.89

MIXED STEER/HEIFER

Over 80% Choice      11     56.6    702-702      702  221.78-221.78     221.78

65 - 80% Choice                        -                    -

35 - 65% Choice     115     64.9    811-856      840  228.46-228.67     228.54

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    451     64.1    702-925      840  221.78-237.85     231.17

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      39     58.4    824-824      824  214.97-214.97     214.97

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     266     62.7  1,095-1,191   1,160 141.80-142.06     141.98

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    266     62.7  1,095-1,191   1,160 141.80-142.06     141.98

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     146     61.4  1,354-1,354   1,354 135.94-135.94     135.94

 0 - 35% Choice      74     61.4  1,324-1,324   1,324 134.22-134.22     134.22





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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