Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, May 28, 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:   14,311     63,549      14,579      130,556      28,760       85,745

Live:         741      8,890       2,931       18,693       4,194       15,026

Total:     15,052     72,439      17,510      149,249      32,954      100,771



NEGOTIATED GRID NET:

Dressed:    1,147      3,286       1,382        6,750       2,956        7,574

Live:          42      1,325         506        1,826           0        1,398

Total:      1,189      4,611       1,888        8,576       2,956        8,972





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,095     63.6    734-971      816  230.11-246.73     232.99

65 - 80% Choice   3,083     64.6    794-973      894  228.23-236.30     231.43

35 - 65% Choice   1,877     64.2    741-974      863  221.23-234.00     228.89

 0 - 35% Choice     120     64.9    893-893      893  227.98-227.98     227.98

HEIFER

Over 80% Choice     528     63.8    652-855      795  231.65-237.12     235.26

65 - 80% Choice     991     64.0    748-817      787  229.36-235.24     232.32

35 - 65% Choice   1,005     64.6    723-822      773  229.07-231.88     230.01

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     576     62.5    668-896      772  233.52-237.58     235.67

65 - 80% Choice     233     62.4    731-896      770  230.57-237.69     235.22

35 - 65% Choice                        -                    -

 0 - 35% Choice     396     60.7    680-722      708  228.10-228.63     228.45

ALL STEERS & HEIFERS

                 12,904     63.9    652-974      830  221.23-246.73     231.80

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     529     63.3    671-851      729  225.11-229.86     226.64

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     198     62.2    792-931      895  226.82-233.01     228.35

65 - 80% Choice     680     61.1    821-924      885  221.00-224.39     223.54

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     118     62.4  1,198-1,313   1,235 159.23-165.88     163.74

65 - 80% Choice      81     62.4  1,217-1,217   1,217 165.56-165.56     165.56

35 - 65% Choice     280     63.0  1,264-1,333   1,317 144.00-146.00     145.43

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    479     62.8  1,198-1,333   1,280 144.00-165.88     153.34

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     262     59.2  1,283-1,376   1,316 133.00-133.00     133.00

 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                        -                    -

65 - 80% Choice     240     64.6    912-912      912  234.07-234.07     234.07

35 - 65% Choice     255     64.2    870-893      886  230.04-230.31     230.12

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     215     63.4    756-874      849  233.38-238.27     235.01

65 - 80% Choice     140     61.9    794-835      811  225.89-233.47     230.81

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    850     63.7    756-912      872  225.89-238.27     232.59

MIXED STEER/HEIFER/COW

Over 80% Choice      64     61.4    778-778      778  232.15-232.15     232.15

65 - 80% Choice                        -                    -

35 - 65% Choice      45     59.2    792-792      792  220.45-220.45     220.45

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     164     62.1    788-788      788  228.00-228.00     228.00

65 - 80% Choice      24     59.3    770-801      784  210.96-215.66     213.11

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

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      42     62.9  1,295-1,295   1,295 141.37-141.37     141.37

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                     42     62.9  1,295-1,295   1,295 141.37-141.37     141.37

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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