Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Mon, Jun 16, 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:   45,280     45,280      42,485       42,485      43,756       43,756

Live:       2,788      2,788       1,897        1,897       2,193        2,193

Total:     48,068     48,068      44,382       44,382      45,949       45,949



NEGOTIATED GRID NET:

Dressed:      966        966       1,240        1,240       2,759        2,759

Live:         296        296           0            0         619          619

Total:      1,262      1,262       1,240        1,240       3,378        3,378





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,634     63.3    698-1,012    836  228.89-259.09     237.29

65 - 80% Choice   5,203     63.8    785-984      865  225.41-239.96     232.95

35 - 65% Choice   9,970     64.4    690-940      856  221.84-237.43     230.64

 0 - 35% Choice   2,286     63.1    802-905      867  230.07-237.34     234.14

HEIFER

Over 80% Choice   4,866     63.4    645-852      778  229.85-254.75     236.35

65 - 80% Choice   6,846     63.7    687-863      779  229.23-241.41     233.11

35 - 65% Choice   5,293     63.8    674-841      758  225.92-238.03     231.34

 0 - 35% Choice     488     64.2    770-810      799  231.87-237.34     232.67

MIXED STEER/HEIFER

Over 80% Choice   1,643     63.5    692-903      821  230.05-241.22     234.36

65 - 80% Choice     658     62.9    695-988      839  223.99-234.92     230.71

35 - 65% Choice     305     63.3    684-858      804  227.60-233.64     231.97

 0 - 35% Choice      26     65.9    801-801      801  237.34-237.34     237.34

ALL STEERS & HEIFERS

                 43,218     63.8    645-1,012    819  221.84-259.09     233.27

MIXED STEER/HEIFER/COW

Over 80% Choice      42     64.4    875-875      875  234.79-234.79     234.79

65 - 80% Choice      49     59.6    783-903      815  225.36-226.36     225.63

35 - 65% Choice     155     61.2    754-834      810  213.80-226.80     222.85

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     885     62.2    692-960      868  219.45-230.01     225.87

65 - 80% Choice     655     61.9    772-863      821  218.24-227.19     225.50

35 - 65% Choice      71     61.0    851-855      853  219.89-222.75     221.34

 0 - 35% Choice     205     63.0    800-800      800  222.82-222.82     222.82





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      99     63.3  1,311-1,311   1,311 147.00-147.00     147.00

65 - 80% Choice     330     63.0  1,351-1,351   1,351 146.00-146.00     146.00

35 - 65% Choice   1,674     63.4  1,132-1,440   1,287 141.91-145.50     144.55

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      94     62.1  1,193-1,193   1,193 146.00-146.00     146.00

65 - 80% Choice     179     62.2  1,187-1,413   1,267 144.00-145.50     145.11

35 - 65% Choice     308     63.3  1,153-1,237   1,185 145.00-145.50     145.36

 0 - 35% Choice      81     61.6  1,120-1,277   1,162 145.00-145.00     145.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,765     63.2  1,120-1,440   1,276 141.91-147.00     145.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      23     61.4  1,312-1,312   1,312 132.25-132.25     132.25

 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                        -                    -

 0 - 35% Choice     280     63.0    841-841      841  234.06-234.06     234.06

HEIFER

Over 80% Choice     115     63.5    852-862      854  232.31-234.51     234.05

65 - 80% Choice      14     64.1    699-699      699  227.36-227.36     227.36

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     115     63.9    747-819      774  230.61-240.39     236.13

65 - 80% Choice      33     62.4    723-759      746  218.92-221.86     220.79

35 - 65% Choice      39     62.4    792-792      792  224.27-224.27     224.27

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    596     63.2    699-862      819  218.92-240.39     232.92

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      40     56.6    767-767      767  215.10-215.10     215.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     136     60.6    840-884      862  228.74-229.77     229.46

65 - 80% Choice     132     60.2    722-888      790  214.82-228.40     223.32

35 - 65% Choice      62     59.2    863-892      880  220.85-222.92     221.72

 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

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     183     61.5  1,393-1,393   1,393 134.93-134.93     134.93

35 - 65% Choice     113     61.4  1,383-1,402   1,398 134.74-134.74     134.74

 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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