Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, May 27, 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:   35,978     35,978      34,802       95,861      31,358       31,358

Live:       2,186      2,186       1,582       10,508       2,279        2,279

Total:     38,164     38,164      36,384      106,369      33,637       33,637



NEGOTIATED GRID NET:

Dressed:      930        930       1,308        3,633       2,741        2,741

Live:         564        564         146        1,320         119          119

Total:      1,494      1,494       1,454        4,953       2,860        2,860





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,170     63.3    673-931      845  231.46-252.58     236.93

65 - 80% Choice   5,334     63.5    749-954      855  228.66-239.14     233.80

35 - 65% Choice   5,370     63.9    645-946      862  226.37-237.71     231.25

 0 - 35% Choice     671     63.7    780-906      863  223.78-231.51     229.46

HEIFER

Over 80% Choice   4,370     63.6    694-874      788  231.34-239.67     235.81

65 - 80% Choice   7,347     64.0    705-853      785  219.89-239.46     233.28

35 - 65% Choice   3,198     64.1    661-870      796  225.02-233.43     230.12

 0 - 35% Choice      23     63.3    750-750      750  229.95-229.95     229.95

MIXED STEER/HEIFER

Over 80% Choice     845     62.8    620-885      825  230.64-240.80     233.87

65 - 80% Choice     480     62.4    744-956      816  223.54-234.97     231.46

35 - 65% Choice     396     63.9    715-808      787  227.09-233.72     230.30

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 33,204     63.7    620-956      823  219.89-252.58     233.50

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     112     59.4    816-833      827  224.71-231.02     226.96

35 - 65% Choice     394     60.2    663-933      826  216.32-233.68     224.52

 0 - 35% Choice     177     56.7    739-946      858  195.84-206.12     200.30

DAIRYBRED STEER/HEIFER

Over 80% Choice     865     62.3    788-926      865  222.63-236.78     228.18

65 - 80% Choice   1,019     62.6    769-956      855  216.56-228.04     224.65

35 - 65% Choice     207     61.6    736-894      787  217.85-224.78     220.42

 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                        -                    -

35 - 65% Choice     922     63.1  1,007-1,480   1,282 140.00-146.00     144.22

 0 - 35% Choice     117     64.2  1,360-1,360   1,360 145.00-145.00     145.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     136     63.3  1,162-1,404   1,251 142.99-146.00     144.86

35 - 65% Choice     863     62.7  1,071-1,281   1,122 141.73-145.50     143.67

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     127     62.8  1,175-1,195   1,184 144.00-144.87     144.49

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,165     63.0  1,007-1,480   1,215 140.00-146.00     144.10

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      21     62.5  1,525-1,525   1,525 144.00-144.00     144.00

 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      29     63.6    686-885      803  229.55-236.55     232.45

65 - 80% Choice                        -                    -

35 - 65% Choice      32     60.6    980-980      980  232.32-232.32     232.32

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      28     63.7    707-707      707  238.49-238.49     238.49

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     131     62.0    848-912      882  213.29-214.00     213.64

MIXED STEER/HEIFER

Over 80% Choice     118     63.3    675-804      749  234.33-243.54     238.36

65 - 80% Choice      69     63.1    724-880      812  228.04-230.52     229.88

35 - 65% Choice     115     60.2    733-824      782  214.48-232.93     223.39

 0 - 35% Choice     112     63.8    741-810      758  218.78-228.00     225.78

ALL STEERS & HEIFERS

                    634     62.4    675-980      803  213.29-243.54     226.82

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      41     65.1    745-745      745  232.64-232.64     232.64

35 - 65% Choice                        -                    -

 0 - 35% Choice     164     60.8    910-975      942  213.53-215.20     214.39

DAIRYBRED STEER/HEIFER

Over 80% Choice      49     59.8    789-821      799  221.70-227.20     223.38

65 - 80% Choice                        -                    -

35 - 65% Choice      42     61.7    725-893      837  225.07-225.52     225.37

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     118     63.8  1,228-1,428   1,282 139.09-145.15     143.51

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      81     63.6  1,173-1,321   1,237 140.72-144.00     142.14

 0 - 35% Choice     324     64.2  1,070-1,285   1,197 141.22-144.50     143.56

ALL STEERS & HEIFERS

                    523     64.0  1,070-1,428   1,222 139.09-145.15     143.32

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      29     60.9  1,329-1,329   1,329 131.85-131.85     131.85

35 - 65% Choice                        -                    -

 0 - 35% Choice      12     62.0  1,059-1,059   1,059 131.85-131.85     131.85





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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