Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jul 01, 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:   21,483     89,768      14,111       82,531      26,877      110,841

Live:         209      7,414       3,494       10,869       3,539       15,924

Total:     21,692     97,182      17,605       93,400      30,416      126,765



NEGOTIATED GRID NET:

Dressed:    2,343      5,535       1,211        4,955       2,809        7,739

Live:       1,043      1,043           0          140           0        1,095

Total:      3,386      6,578       1,211        5,095       2,809        8,834





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,933     64.2    812-976      883  234.97-243.00     238.74

65 - 80% Choice   5,416     64.1    694-919      884  232.22-244.65     238.65

35 - 65% Choice   1,995     64.1    806-939      877  234.24-240.43     236.48

 0 - 35% Choice   1,025     64.2    794-892      853  232.16-245.19     237.73

HEIFER

Over 80% Choice     759     64.0    708-855      772  235.00-245.77     240.29

65 - 80% Choice   1,929     64.0    674-935      749  226.99-239.36     236.97

35 - 65% Choice   1,646     64.5    703-827      776  232.97-240.46     236.58

 0 - 35% Choice     690     63.9    804-807      806  234.60-245.19     240.57

MIXED STEER/HEIFER

Over 80% Choice     959     62.9    683-867      793  231.45-246.14     239.63

65 - 80% Choice     508     63.3    646-904      828  226.54-246.17     237.93

35 - 65% Choice     345     63.4    674-834      773  225.96-236.81     234.34

 0 - 35% Choice      67     63.2    814-814      814  235.00-235.00     235.00

ALL STEERS & HEIFERS

                 18,272     64.1    646-976      841  225.96-246.17     238.09

MIXED STEER/HEIFER/COW

Over 80% Choice      91     61.9    743-743      743  240.37-240.37     240.37

65 - 80% Choice                        -                    -

35 - 65% Choice     163     60.1    631-1,037    824  225.80-233.88     230.65

 0 - 35% Choice     471     57.3    726-950      862  197.77-213.72     204.36

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,022     61.8    716-958      876  226.40-236.17     231.70

65 - 80% Choice     972     62.4    775-932      877  224.98-234.13     231.67

35 - 65% Choice      74     58.7    715-772      743  222.14-228.47     225.22

 0 - 35% Choice     418     62.1    810-823      817  228.80-229.06     228.93





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      73     62.5  1,447-1,447   1,447 154.70-154.70     154.70

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      80     63.0  1,300-1,300   1,300 155.50-155.50     155.50

65 - 80% Choice                        -                    -

35 - 65% Choice      56     60.7  1,283-1,326   1,308 154.00-154.00     154.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    209     62.2  1,283-1,447   1,353 154.00-155.50     154.82

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     240     62.2    746-879      812  241.06-243.33     241.71

65 - 80% Choice      46     63.8    832-832      832  238.00-238.00     238.00

35 - 65% Choice     136     64.6    743-861      777  215.62-233.00     220.60

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     264     63.1    744-744      744  239.69-239.69     239.69

65 - 80% Choice      90     64.2    915-915      915  238.73-238.73     238.73

35 - 65% Choice                        -                    -

 0 - 35% Choice      31     63.1    654-654      654  245.00-245.00     245.00

MIXED STEER/HEIFER

Over 80% Choice     373     63.0    645-805      746  231.00-243.48     237.48

65 - 80% Choice     477     62.8    721-882      805  233.69-240.13     236.76

35 - 65% Choice     109     63.0    800-898      851  224.93-233.00     228.80

 0 - 35% Choice     244     63.6    726-839      765  221.76-235.00     230.49

ALL STEERS & HEIFERS

                  2,010     63.1    645-915      786  215.62-245.00     235.83

MIXED STEER/HEIFER/COW

Over 80% Choice      51     60.7    796-805      801  231.78-235.55     233.41

65 - 80% Choice                        -                    -

35 - 65% Choice      78     59.9    770-883      825  231.63-231.85     231.74

 0 - 35% Choice      54     57.7    826-872      858  214.31-217.48     216.54

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     60.5    856-895      870  226.00-230.13     227.64

65 - 80% Choice                        -                    -

35 - 65% Choice      80     59.6    800-800      800  216.13-216.13     216.13

 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     255     64.1  1,264-1,519   1,327 144.71-148.00     147.57

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      19     62.5  1,509-1,509   1,509 145.26-145.26     145.26

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      42     64.0  1,144-1,144   1,144 148.00-148.00     148.00

35 - 65% Choice     471     63.6  1,104-1,353   1,240 143.64-150.00     147.39

 0 - 35% Choice     223     63.3  1,090-1,345   1,218 136.69-149.00     145.58

ALL STEERS & HEIFERS

                  1,010     63.7  1,090-1,519   1,258 136.69-150.00     147.02

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      33     59.0  1,337-1,337   1,337 134.15-134.15     134.15

65 - 80% Choice                        -                    -

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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