Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Mon, Jun 02, 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:   35,065     35,065           0            0      41,654       41,654

Live:       1,655      1,655           0            0       1,822        1,822

Total:     36,720     36,720           0            0      43,476       43,476



NEGOTIATED GRID NET:

Dressed:    1,941      1,941           0            0       2,677        2,677

Live:         847        847           0            0           0            0

Total:      2,788      2,788           0            0       2,677        2,677





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,455     63.2    720-981      866  226.80-240.78     234.43

65 - 80% Choice   4,531     63.7    713-954      839  217.39-236.72     229.13

35 - 65% Choice   8,011     63.9    744-933      849  218.13-235.38     227.34

 0 - 35% Choice     519     63.6    725-855      761  219.49-227.40     221.84

HEIFER

Over 80% Choice   2,881     63.5    667-889      768  229.08-242.78     233.76

65 - 80% Choice   5,062     63.6    690-848      770  226.87-233.02     229.80

35 - 65% Choice   5,570     64.2    637-857      771  221.48-230.80     226.90

 0 - 35% Choice      64     62.9    728-728      728  225.40-225.40     225.40

MIXED STEER/HEIFER

Over 80% Choice   1,470     62.9    699-938      799  227.80-237.88     233.38

65 - 80% Choice     172     63.0    778-843      813  230.06-234.81     231.82

35 - 65% Choice      20     61.6    882-882      882  219.13-219.13     219.13

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 31,755     63.7    637-981      812  217.39-242.78     229.47

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     126     62.1    804-814      811  225.50-232.28     230.45

35 - 65% Choice     397     59.9    632-975      819  208.97-227.00     216.98

 0 - 35% Choice     355     58.9    858-915      872  194.55-204.02     198.49

DAIRYBRED STEER/HEIFER

Over 80% Choice     959     62.0    798-952      881  219.80-228.73     223.45

65 - 80% Choice   1,397     62.7    805-927      878  219.71-224.26     222.85

35 - 65% Choice      76     59.7    813-813      813  221.00-221.00     221.00

 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     424     62.5  1,399-1,428   1,415 145.00-147.09     146.14

35 - 65% Choice     601     62.2  1,229-1,479   1,331 142.00-145.00     144.18

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     250     63.7  1,066-1,248   1,106 144.50-145.00     144.89

35 - 65% Choice      75     61.7  1,340-1,340   1,340 142.00-142.00     142.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,350     62.6  1,066-1,479   1,316 142.00-147.09     144.80

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     213     59.5  1,349-1,349   1,349 133.57-133.57     133.57

35 - 65% Choice      92     61.9  1,308-1,308   1,308 135.00-135.00     135.00

 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                        -                    -

35 - 65% Choice     404     64.0    783-854      798  222.35-228.00     223.43

 0 - 35% Choice      11     61.7    722-722      722  218.45-218.45     218.45

HEIFER

Over 80% Choice      11     64.4    763-763      763  237.24-237.24     237.24

65 - 80% Choice      41     63.4    814-814      814  236.77-236.77     236.77

35 - 65% Choice      80     63.1    762-762      762  225.40-225.40     225.40

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      92     64.0    744-901      808  227.21-239.31     233.93

65 - 80% Choice     163     63.6    751-860      794  230.00-239.51     233.73

35 - 65% Choice     526     63.5    614-900      749  216.35-222.86     220.93

 0 - 35% Choice     325     64.6    799-844      815  221.51-224.24     223.51

ALL STEERS & HEIFERS

                  1,653     63.9    614-901      784  216.35-239.51     224.73

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      37     58.5    858-858      858  220.31-220.31     220.31

 0 - 35% Choice     118     57.7    837-843      839  211.39-213.38     212.03

DAIRYBRED STEER/HEIFER

Over 80% Choice      11     63.1    861-861      861  228.67-228.67     228.67

65 - 80% Choice      52     60.4    780-810      803  222.03-227.00     225.85

35 - 65% Choice      70     61.7    788-788      788  222.16-222.16     222.16

 0 - 35% Choice                        -                    -





NEGOTIATED GRID 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      42     62.5  1,209-1,209   1,209 142.00-142.00     142.00

 0 - 35% Choice      17     62.1  1,219-1,219   1,219 141.00-141.00     141.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      39     62.0  1,055-1,095   1,070 143.00-144.00     143.38

 0 - 35% Choice      24     64.6  1,360-1,360   1,360 143.00-143.00     143.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     489     63.5  1,144-1,345   1,255 138.36-145.00     141.57

 0 - 35% Choice     106     62.4  1,153-1,389   1,180 141.25-141.60     141.29

ALL STEERS & HEIFERS

                    717     63.2  1,055-1,389   1,233 138.36-145.00     141.69

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     130     61.4  1,340-1,359   1,350 134.55-134.62     134.58

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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