Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Jun 25, 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:   14,602    127,496       8,022      110,550      16,865      134,173

Live:       3,481     16,384       1,623       12,591       5,353       19,524

Total:     18,083    143,880       9,645      123,141      22,218      153,697



NEGOTIATED GRID NET:

Dressed:    1,858      8,706         787        6,426       4,045       16,000

Live:         970      2,396           0          948         191        3,280

Total:      2,828     11,102         787        7,374       4,236       19,280





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     750     63.4    756-908      860  236.68-240.84     239.15

65 - 80% Choice   1,554     63.9    764-958      874  232.75-241.74     237.01

35 - 65% Choice   2,729     64.1    765-945      841  226.61-238.32     234.38

 0 - 35% Choice     149     64.4    870-870      870  237.46-237.46     237.46

HEIFER

Over 80% Choice   1,683     63.6    715-854      791  234.97-245.70     239.41

65 - 80% Choice   1,512     63.6    706-903      784  234.64-239.55     237.46

35 - 65% Choice     682     64.0    756-823      784  231.66-238.50     235.82

 0 - 35% Choice     278     62.8    752-752      752  237.46-237.46     237.46

MIXED STEER/HEIFER

Over 80% Choice     820     63.7    705-1,001    881  232.01-260.46     238.31

65 - 80% Choice     324     62.5    685-838      785  229.18-238.16     234.63

35 - 65% Choice     159     61.7    812-812      812  230.18-230.18     230.18

 0 - 35% Choice     722     64.3    836-891      842  236.25-256.44     254.26

ALL STEERS & HEIFERS

                 11,362     63.8    685-1,001    828  226.61-260.46     237.91

MIXED STEER/HEIFER/COW

Over 80% Choice      43     63.7    734-734      734  234.00-234.00     234.00

65 - 80% Choice     255     62.2    657-835      759  232.15-239.86     237.34

35 - 65% Choice     292     60.5    720-1,044    924  221.03-228.44     224.03

 0 - 35% Choice     544     60.8    860-1,039    991  198.36-218.37     211.36

DAIRYBRED STEER/HEIFER

Over 80% Choice     770     62.1    792-911      842  229.75-233.09     231.05

65 - 80% Choice     672     62.4    828-919      883  229.74-232.46     231.59

35 - 65% Choice     664     61.8    715-889      865  223.08-231.25     228.25

 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     218     62.9  1,314-1,388   1,342 149.31-149.31     149.31

65 - 80% Choice     430     63.2  1,357-1,441   1,412 151.00-151.50     151.36

35 - 65% Choice     265     62.3  1,261-1,310   1,295 149.00-151.00     149.60

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      39     62.6  1,244-1,244   1,244 152.00-152.00     152.00

35 - 65% Choice   1,675     62.9  1,098-1,177   1,130 150.00-151.00     150.21

 0 - 35% Choice     418     64.4  1,184-1,244   1,205 150.00-152.00     150.69

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     149     61.5  1,185-1,350   1,258 149.00-150.00     149.07

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,194     63.0  1,098-1,441   1,213 149.00-152.00     150.29

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     214     60.8  1,329-1,398   1,363 121.14-135.00     127.85

65 - 80% Choice                        -                    -

35 - 65% Choice      73     61.8  1,360-1,360   1,360 141.00-141.00     141.00

 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      59     62.9    794-881      831  230.75-239.22     235.63

65 - 80% Choice      38     65.3    839-839      839  236.64-236.64     236.64

35 - 65% Choice                        -                    -

 0 - 35% Choice      38     63.7    837-837      837  230.37-230.37     230.37

HEIFER

Over 80% Choice      44     63.2    869-869      869  238.26-238.26     238.26

65 - 80% Choice      13     60.3    654-654      654  236.77-236.77     236.77

35 - 65% Choice      54     60.7    753-895      866  219.13-232.22     221.80

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     240     62.5    653-861      773  231.83-243.84     236.55

65 - 80% Choice     219     63.6    703-807      781  227.50-235.69     229.48

35 - 65% Choice     394     63.7    686-919      795  221.98-234.06     230.52

 0 - 35% Choice     452     65.3    696-887      849  221.30-230.00     228.41

ALL STEERS & HEIFERS

                  1,551     63.8    653-919      812  219.13-243.84     231.00

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     131     62.3    721-850      798  231.26-232.47     231.98

 0 - 35% Choice      38     59.3    849-849      849  216.75-216.75     216.75

DAIRYBRED STEER/HEIFER

Over 80% Choice      90     60.4    767-869      827  228.09-229.17     228.69

65 - 80% Choice      37     62.5    789-789      789  226.95-226.95     226.95

35 - 65% Choice      11     61.9    867-867      867  228.33-228.33     228.33

 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                        -                    -

 0 - 35% Choice      12     64.3  1,362-1,362   1,362 147.00-147.00     147.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      42     62.0  1,178-1,178   1,178 148.00-148.00     148.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      25     64.3  1,089-1,089   1,089 145.00-145.00     145.00

35 - 65% Choice     467     64.2  1,213-1,479   1,283 142.43-148.00     146.02

 0 - 35% Choice     424     63.5  1,123-1,316   1,212 141.27-147.00     146.17

ALL STEERS & HEIFERS

                    970     63.8  1,089-1,479   1,244 141.27-148.00     146.15

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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