Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Mon, Jun 23, 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:   45,631     45,631      45,491       45,491      23,481       23,481

Live:       2,796      2,796       2,953        2,953         877          877

Total:     48,427     48,427      48,444       48,444      24,358       24,358



NEGOTIATED GRID NET:

Dressed:    1,451      1,451         966          966       3,373        3,373

Live:           0          0         296          296         802          802

Total:      1,451      1,451       1,262        1,262       4,175        4,175





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,977     63.3    705-959      843  231.04-258.48     239.84

65 - 80% Choice   4,673     63.6    680-952      862  225.82-256.47     236.90

35 - 65% Choice   7,757     63.9    697-1,029    871  220.31-242.48     235.69

 0 - 35% Choice   4,503     63.5    712-896      844  231.91-239.69     236.67

HEIFER

Over 80% Choice   5,024     63.5    674-885      773  234.93-245.10     239.44

65 - 80% Choice   6,303     63.8    651-873      766  232.52-245.00     236.70

35 - 65% Choice   5,901     64.1    677-859      745  227.81-238.82     233.56

 0 - 35% Choice     236     63.6    732-778      761  236.00-237.34     236.85

MIXED STEER/HEIFER

Over 80% Choice   1,437     63.3    723-929      824  233.16-242.22     238.76

65 - 80% Choice     890     63.4    720-904      815  229.19-239.27     236.75

35 - 65% Choice     145     63.3    758-889      858  234.82-235.40     235.26

 0 - 35% Choice     591     63.4    731-821      795  233.66-238.00     236.87

ALL STEERS & HEIFERS

                 42,437     63.7    651-1,029    815  220.31-258.48     236.86

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     114     59.2    642-804      747  222.50-229.06     226.76

35 - 65% Choice     407     59.3    685-995      883  201.96-223.66     211.05

 0 - 35% Choice     294     60.5    787-1,033    987  205.52-218.00     210.28

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,328     62.6    771-931      880  226.97-237.33     231.71

65 - 80% Choice     868     61.5    735-907      846  219.10-230.31     226.71

35 - 65% Choice     171     60.5    748-846      802  223.65-234.82     227.64

 0 - 35% Choice      12     63.2    766-766      766  222.68-222.68     222.68





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                        -                    -

35 - 65% Choice   1,138     63.2  1,123-1,458   1,342 144.88-149.50     148.30

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     216     64.1  1,195-1,229   1,210 149.50-149.50     149.50

35 - 65% Choice   1,095     62.7  1,097-1,291   1,169 148.00-149.50     148.70

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      83     61.2  1,261-1,410   1,329 149.00-163.00     156.59

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,532     63.0  1,097-1,458   1,255 144.88-163.00     148.85

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      37     59.9  1,336-1,336   1,336 137.98-137.98     137.98

35 - 65% Choice     227     59.9  1,375-1,405   1,391 133.00-139.00     137.15

 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     191     62.8    677-861      771  227.70-240.48     235.93

65 - 80% Choice                        -                    -

35 - 65% Choice      38     63.8    775-849      827  229.83-235.73     231.54

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      72     63.4    656-874      744  231.82-232.95     232.28

65 - 80% Choice      91     65.1    697-697      697  227.48-227.48     227.48

35 - 65% Choice     116     64.5    806-806      806  229.03-229.03     229.03

 0 - 35% Choice     165     61.9    874-974      909  213.52-222.83     216.45

MIXED STEER/HEIFER

Over 80% Choice     107     63.2    748-798      776  232.26-250.35     235.85

65 - 80% Choice      40     63.3    637-791      731  226.70-240.71     233.00

35 - 65% Choice      20     62.0    675-675      675  225.38-225.38     225.38

 0 - 35% Choice      93     62.0    811-824      815  207.40-208.45     208.17

ALL STEERS & HEIFERS

                    933     63.1    637-974      794  207.40-250.35     227.21

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     280     59.6    752-878      838  215.81-224.79     222.92

 0 - 35% Choice     152     57.0    826-894      846  213.63-220.37     217.85

DAIRYBRED STEER/HEIFER

Over 80% Choice      39     60.2    789-860      820  226.23-227.95     226.98

65 - 80% Choice      47     61.5    669-777      752  225.44-228.24     227.58

35 - 65% Choice                        -                    -

 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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