Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jun 24, 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:   14,111     82,285      25,005       80,300      30,589       87,688

Live:       3,494     10,513         629        7,516       3,210       10,310

Total:     17,605     92,798      25,634       87,816      33,799       97,998



NEGOTIATED GRID NET:

Dressed:    1,211      4,878       1,491        4,157       3,772        8,481

Live:           0        140           0          948         262        2,162

Total:      1,211      5,018       1,491        5,105       4,034       10,643





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,452     64.0    759-975      884  232.90-244.49     237.58

65 - 80% Choice   1,963     63.9    767-944      868  231.85-238.92     236.32

35 - 65% Choice   1,745     64.1    793-932      864  231.22-236.54     234.55

 0 - 35% Choice     166     63.2    854-901      876  233.87-233.93     233.90

HEIFER

Over 80% Choice   2,022     63.8    710-865      809  232.40-242.51     238.91

65 - 80% Choice   1,514     63.9    667-814      740  234.16-238.52     236.06

35 - 65% Choice   1,705     63.7    707-888      746  230.00-235.71     233.60

 0 - 35% Choice      50     63.2    800-800      800  234.85-234.85     234.85

MIXED STEER/HEIFER

Over 80% Choice     734     63.2    713-914      839  231.33-242.15     237.78

65 - 80% Choice     289     63.1    726-913      820  234.10-239.09     236.82

35 - 65% Choice      20     60.1    717-717      717  230.08-230.08     230.08

 0 - 35% Choice     622     62.0    674-869      769  232.04-237.42     234.73

ALL STEERS & HEIFERS

                 12,282     63.7    667-975      819  230.00-244.49     236.21

MIXED STEER/HEIFER/COW

Over 80% Choice     146     63.5    812-817      814  240.01-240.80     240.53

65 - 80% Choice      96     63.4    805-805      805  237.61-237.61     237.61

35 - 65% Choice      73     57.0    782-826      803  224.88-226.02     225.47

 0 - 35% Choice     193     60.9    977-1,095   1,055 200.65-216.82     211.37

DAIRYBRED STEER/HEIFER

Over 80% Choice     520     61.6    873-905      889  229.27-230.97     230.11

65 - 80% Choice     363     61.5    851-929      892  227.39-233.91     228.41

35 - 65% Choice      75     58.9    811-811      811  223.00-223.00     223.00

 0 - 35% Choice     363     60.7    763-830      812  228.96-230.98     230.00





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   1,065     63.3  1,330-1,396   1,378 149.00-149.50     149.07

35 - 65% Choice   1,448     63.2  1,229-1,442   1,360 148.00-150.00     149.13

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     981     63.3  1,042-1,350   1,107 148.00-150.00     149.71

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  3,494     63.3  1,042-1,442   1,294 148.00-150.00     149.27

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      48     65.3    877-927      912  232.49-243.60     235.73

65 - 80% Choice      69     63.4    843-902      871  232.04-233.59     232.85

35 - 65% Choice      80     62.1    815-815      815  235.61-235.61     235.61

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      46     63.1    873-873      873  234.28-234.28     234.28

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      75     62.8    663-815      730  232.47-242.80     238.51

65 - 80% Choice      56     62.3    644-758      721  233.19-237.33     234.52

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    374     63.0    644-927      814  232.04-243.60     235.37

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      42     61.0    784-784      784  232.00-232.00     232.00

35 - 65% Choice     325     60.1    881-912      889  221.92-230.61     226.43

 0 - 35% Choice     355     58.7    837-986      913  214.26-221.80     219.82

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     101     60.2    836-867      847  228.83-228.91     228.86

35 - 65% Choice      14     58.9    768-768      768  227.00-227.00     227.00

 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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