Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, Jun 27, 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:   21,537    197,842      14,478      190,898      10,963      230,395

Live:       1,684     27,849       1,840       20,458       2,955       32,071

Total:     23,221    225,691      16,318      211,356      13,918      262,466



NEGOTIATED GRID NET:

Dressed:    2,119     16,806       2,358       12,226       1,727       24,912

Live:         513      3,057         263        2,141           0        3,988

Total:      2,632     19,863       2,621       14,367       1,727       28,900





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,512     64.1    632-1,004    869  232.77-247.20     239.14

65 - 80% Choice   5,496     64.1    687-988      860  230.88-244.68     237.52

35 - 65% Choice   3,671     64.1    709-978      831  229.65-240.38     235.16

 0 - 35% Choice   1,152     63.8    823-945      879  230.24-237.88     236.69

HEIFER

Over 80% Choice   1,656     63.9    660-842      760  234.60-247.38     238.95

65 - 80% Choice   1,456     64.3    639-838      759  233.03-241.03     237.53

35 - 65% Choice   1,322     64.3    649-792      690  225.93-237.50     232.36

 0 - 35% Choice     271     65.9    770-852      824  236.78-236.78     236.78

MIXED STEER/HEIFER

Over 80% Choice   1,280     64.1    713-918      829  236.47-262.17     241.27

65 - 80% Choice     143     62.6    762-905      862  234.00-239.60     237.43

35 - 65% Choice      39     64.0    807-807      807  239.05-239.05     239.05

 0 - 35% Choice      98     63.6    781-821      815  227.07-238.71     237.05

ALL STEERS & HEIFERS

                 18,096     64.1    632-1,004    824  225.93-262.17     237.13

MIXED STEER/HEIFER/COW

Over 80% Choice     242     64.3    830-830      830  243.92-243.92     243.92

65 - 80% Choice                        -                    -

35 - 65% Choice     378     61.2    757-897      860  216.91-236.97     228.32

 0 - 35% Choice     296     57.7    605-951      827  202.75-220.11     213.83

DAIRYBRED STEER/HEIFER

Over 80% Choice     777     61.1    769-925      894  228.44-236.59     232.34

65 - 80% Choice   1,439     62.3    791-929      870  228.78-234.59     230.76

35 - 65% Choice     309     61.6    777-956      839  227.63-232.83     229.87

 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      59     64.2  1,467-1,467   1,467 151.08-151.08     151.08

65 - 80% Choice     139     63.4  1,490-1,490   1,490 151.08-151.08     151.08

35 - 65% Choice     602     63.7    999-1,332   1,260 147.10-151.00     149.20

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      44     63.9  1,167-1,167   1,167 150.00-150.00     150.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     229     60.0  1,158-1,158   1,158 162.71-162.71     162.71

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,073     62.9    999-1,490   1,276 147.10-162.71     152.47

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     176     62.1  1,326-1,326   1,326 149.83-149.83     149.83

65 - 80% Choice                        -                    -

35 - 65% Choice     260     58.8  1,341-1,375   1,360 139.00-139.00     139.00

 0 - 35% Choice     175     62.2  1,329-1,329   1,329 149.83-149.83     149.83





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      94     65.7    780-874      854  227.23-232.97     231.75

 0 - 35% Choice      83     60.4    805-805      805  234.76-234.76     234.76

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      29     62.2    693-693      693  236.07-236.07     236.07

35 - 65% Choice     104     63.6    753-753      753  223.34-223.34     223.34

 0 - 35% Choice      86     62.3    675-675      675  231.21-231.21     231.21

MIXED STEER/HEIFER

Over 80% Choice     205     62.7    747-1,011    837  225.37-242.83     234.88

65 - 80% Choice     406     64.9    704-822      801  225.55-241.15     234.18

35 - 65% Choice     717     65.0    712-851      796  225.08-239.03     227.92

 0 - 35% Choice     239     63.7    687-820      772  219.94-229.00     224.37

ALL STEERS & HEIFERS

                  1,963     64.2    675-1,011    792  219.94-242.83     230.01

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      50     59.1    701-701      701  227.24-227.24     227.24

 0 - 35% Choice      38     56.6    836-836      836  215.47-215.47     215.47

DAIRYBRED STEER/HEIFER

Over 80% Choice      20     58.8    675-675      675  226.00-226.00     226.00

65 - 80% Choice      48     61.9    760-826      800  231.15-233.37     232.03

35 - 65% Choice                        -                    -

 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      68     64.4  1,292-1,292   1,292 137.76-137.76     137.76

 0 - 35% Choice     188     64.5  1,329-1,355   1,345 147.00-148.00     147.38

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     191     64.4  1,192-1,318   1,247 145.50-149.50     146.48

 0 - 35% Choice      37     64.5  1,162-1,162   1,162 148.00-148.00     148.00

ALL STEERS & HEIFERS

                    484     64.5  1,162-1,355   1,285 137.76-149.50     145.72

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      29     59.2  1,276-1,276   1,276 135.30-135.30     135.30

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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