Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jun 10, 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:   21,466     82,015      19,665       91,670      21,170       88,386

Live:       1,536      9,749       2,151        8,151       2,051       14,008

Total:     23,002     91,764      21,816       99,821      23,221      102,394



NEGOTIATED GRID NET:

Dressed:    2,183      6,381       1,280        5,575       3,874        7,490

Live:         424        494           0        1,929           0          939

Total:      2,607      6,875       1,280        7,504       3,874        8,429





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,820     63.9    711-1,021    864  226.44-270.50     237.50

65 - 80% Choice   5,619     64.5    685-990      869  222.16-236.96     230.09

35 - 65% Choice   2,194     64.4    709-912      863  225.01-232.28     229.36

 0 - 35% Choice     233     63.5    798-826      817  232.67-232.67     232.67

HEIFER

Over 80% Choice   1,662     64.2    719-920      788  228.31-238.61     232.60

65 - 80% Choice   2,224     64.1    699-815      763  228.06-234.58     230.39

35 - 65% Choice     867     64.4    679-908      750  216.10-230.81     225.82

 0 - 35% Choice     375     63.6    771-771      771  232.67-232.67     232.67

MIXED STEER/HEIFER

Over 80% Choice   1,376     63.2    719-962      794  227.15-272.98     247.34

65 - 80% Choice     749     62.6    624-883      794  229.05-233.24     231.42

35 - 65% Choice     167     62.4    704-934      798  219.14-231.12     225.80

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 19,286     64.1    624-1,021    831  216.10-272.98     232.86

MIXED STEER/HEIFER/COW

Over 80% Choice      35     59.6    803-803      803  224.71-224.71     224.71

65 - 80% Choice     232     63.0    654-843      800  222.22-232.64     229.78

35 - 65% Choice     416     61.5    673-891      802  208.51-229.00     217.34

 0 - 35% Choice     493     58.7    749-1,010    904  194.66-231.12     203.62

DAIRYBRED STEER/HEIFER

Over 80% Choice     338     61.3    720-938      857  217.92-228.86     221.57

65 - 80% Choice     442     61.9    836-898      858  220.30-223.82     221.98

35 - 65% Choice     224     61.8    810-837      812  221.43-222.46     221.48

 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     105     63.0  1,353-1,353   1,353 160.83-160.83     160.83

65 - 80% Choice                        -                    -

35 - 65% Choice     362     63.0  1,236-1,450   1,293 144.25-145.00     144.80

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     841     63.3  1,043-1,169   1,136 145.00-145.00     145.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     228     62.7  1,311-1,311   1,311 139.80-139.80     139.80

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,536     63.2  1,043-1,450   1,214 139.80-160.83     145.26

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     363     63.8    807-923      876  231.19-236.21     231.76

65 - 80% Choice      74     62.3    919-919      919  233.37-233.37     233.37

35 - 65% Choice      36     64.2    865-865      865  224.47-224.47     224.47

 0 - 35% Choice      43     63.6    749-749      749  225.00-225.00     225.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     115     63.2    747-750      749  229.31-235.02     231.20

35 - 65% Choice                        -                    -

 0 - 35% Choice      74     64.0    764-764      764  224.23-224.23     224.23

MIXED STEER/HEIFER

Over 80% Choice      52     64.2    740-812      792  233.53-234.10     233.68

65 - 80% Choice      42     64.3    807-807      807  225.64-225.64     225.64

35 - 65% Choice     527     63.9    656-854      778  218.41-230.67     225.01

 0 - 35% Choice      45     63.6    733-733      733  218.88-218.88     218.88

ALL STEERS & HEIFERS

                  1,371     63.8    656-923      810  218.41-236.21     227.86

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      86     63.5    768-789      778  225.39-230.00     227.86

35 - 65% Choice     271     60.8    774-900      868  210.82-219.69     216.76

 0 - 35% Choice     300     58.3    806-900      853  208.76-216.50     212.86

DAIRYBRED STEER/HEIFER

Over 80% Choice      36     62.2    723-918      859  224.73-228.28     227.20

65 - 80% Choice      72     60.5    801-801      801  223.50-223.50     223.50

35 - 65% Choice      47     58.3    689-745      708  217.13-217.92     217.40

 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      45     63.6  1,123-1,123   1,123 141.00-141.00     141.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      39     63.5  1,261-1,261   1,261 142.50-142.50     142.50

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     200     63.4  1,155-1,448   1,221 142.50-144.00     143.32

 0 - 35% Choice     110     63.1  1,001-1,258   1,134 141.00-142.00     141.80

ALL STEERS & HEIFERS

                    394     63.4  1,001-1,448   1,189 141.00-144.00     142.55

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      30     62.5  1,408-1,408   1,408 135.00-135.00     135.00

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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