Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, May 29, 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:   23,404    117,813      17,843      172,044      17,345      134,211

Live:       3,638     17,276         884       21,849       3,673       21,064

Total:     27,042    135,089      18,727      193,893      21,018      155,275



NEGOTIATED GRID NET:

Dressed:      950      6,515       1,081       12,157       3,473       14,471

Live:           0      1,366          39        2,767         625        2,337

Total:        950      7,881       1,120       14,924       4,098       16,808





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,294     63.7    795-941      858  230.11-262.01     241.12

65 - 80% Choice   4,083     63.5    754-925      847  225.70-260.64     236.90

35 - 65% Choice   8,886     63.0    733-923      832  222.40-241.59     233.91

 0 - 35% Choice     496     64.3    742-816      770  220.58-234.08     225.67

HEIFER

Over 80% Choice     752     63.4    697-875      793  230.25-240.64     234.22

65 - 80% Choice   1,333     64.1    726-804      760  228.90-237.34     233.81

35 - 65% Choice     851     63.6    646-729      715  229.11-235.52     233.85

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      82     63.1    713-782      750  232.64-243.14     237.51

65 - 80% Choice     285     62.3    644-927      793  224.71-236.95     230.59

35 - 65% Choice      42     62.7    729-729      729  221.21-221.21     221.21

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 19,104     63.3    644-941      824  220.58-262.01     235.14

MIXED STEER/HEIFER/COW

Over 80% Choice      88     63.9    771-771      771  238.13-238.13     238.13

65 - 80% Choice                        -                    -

35 - 65% Choice     542     62.1    761-992      918  218.81-225.03     223.47

 0 - 35% Choice     390     58.5    805-997      909  194.69-211.03     200.47

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,152     62.3    787-899      855  223.49-229.27     227.72

65 - 80% Choice     461     62.6    774-903      833  221.51-226.96     224.38

35 - 65% Choice   1,667     61.1    674-884      813  213.33-228.00     220.35

 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     115     62.6  1,308-1,407   1,338 145.00-148.85     146.17

65 - 80% Choice     157     63.7  1,427-1,427   1,427 148.71-148.71     148.71

35 - 65% Choice   1,720     62.8  1,256-1,378   1,316 142.00-148.68     144.92

 0 - 35% Choice     124     62.9  1,258-1,258   1,258 144.87-144.87     144.87

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     694     63.0  1,125-1,288   1,227 145.50-148.71     146.66

35 - 65% Choice     611     62.9  1,134-1,230   1,199 144.00-144.50     144.10

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      82     63.5  1,282-1,282   1,282 144.00-144.00     144.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,503     62.9  1,125-1,427   1,281 142.00-148.85     145.31

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     135     60.1  1,212-1,309   1,250 133.50-133.50     133.50

 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      49     63.8    820-820      820  236.48-236.48     236.48

65 - 80% Choice     282     64.0    877-885      882  232.00-235.86     234.60

35 - 65% Choice     226     64.4    871-879      876  230.52-234.46     231.83

 0 - 35% Choice      12     63.6    902-902      902  220.65-220.65     220.65

HEIFER

Over 80% Choice      11     60.7    635-635      635  234.08-234.08     234.08

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     128     62.2    725-787      743  229.47-236.61     234.18

65 - 80% Choice                        -                    -

35 - 65% Choice      15     59.8    790-790      790  221.56-221.56     221.56

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    723     63.6    635-902      846  220.65-236.61     233.28

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      28     61.4    718-718      718  229.54-229.54     229.54

35 - 65% Choice      40     58.8    907-907      907  217.75-217.75     217.75

 0 - 35% Choice     106     59.1    833-912      883  212.36-212.90     212.56

DAIRYBRED STEER/HEIFER

Over 80% Choice      11     60.9    824-824      824  229.92-229.92     229.92

65 - 80% Choice      31     62.8    925-925      925  220.23-220.23     220.23

35 - 65% Choice      11     60.4    820-820      820  223.73-223.73     223.73

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

 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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