Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Jul 02, 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:   12,217    120,700      14,602      127,496      15,173      158,599

Live:       1,452     13,524       3,481       16,384       4,461       23,121

Total:     13,669    134,224      18,083      143,880      19,634      181,720



NEGOTIATED GRID NET:

Dressed:    1,199      9,686       1,858        8,706       2,930       13,736

Live:         435      1,930         970        2,396          70        3,005

Total:      1,634     11,616       2,828       11,102       3,000       16,741





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     636     63.9    793-982      898  234.16-250.71     243.74

65 - 80% Choice   2,231     64.0    821-927      880  238.82-247.68     241.47

35 - 65% Choice   1,633     63.9    743-938      873  234.70-246.30     240.94

 0 - 35% Choice   1,367     64.5    733-881      809  235.54-258.86     248.67

HEIFER

Over 80% Choice     426     64.5    704-816      781  240.48-249.22     244.89

65 - 80% Choice   1,272     64.6    712-820      757  236.34-239.42     238.05

35 - 65% Choice     961     64.4    703-857      759  233.35-246.77     237.33

 0 - 35% Choice     504     64.0    722-785      770  245.19-260.04     248.67

MIXED STEER/HEIFER

Over 80% Choice     615     62.6    738-912      808  234.34-244.13     239.55

65 - 80% Choice     131     62.7    657-851      778  236.83-241.48     238.65

35 - 65% Choice      53     62.8    753-758      755  228.91-238.56     231.46

 0 - 35% Choice     709     62.2    698-796      775  234.31-245.49     238.64

ALL STEERS & HEIFERS

                 10,538     64.0    657-982      822  228.91-260.04     241.76

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.3    728-728      728  237.90-237.90     237.90

65 - 80% Choice                        -                    -

35 - 65% Choice     145     59.2    831-847      843  222.08-233.99     225.20

 0 - 35% Choice     148     57.5    800-843      821  202.17-220.03     207.76

DAIRYBRED STEER/HEIFER

Over 80% Choice     663     62.0    735-855      780  227.64-244.58     232.26

65 - 80% Choice     248     60.4    709-928      812  228.21-238.46     230.63

35 - 65% Choice     277     60.6    742-868      823  226.32-241.21     231.57

 0 - 35% Choice     156     61.8    856-856      856  238.66-238.66     238.66





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      72     62.7  1,424-1,424   1,424 156.00-156.00     156.00

65 - 80% Choice     433     62.7  1,297-1,444   1,396 151.50-155.94     154.25

35 - 65% Choice     576     62.7  1,170-1,372   1,248 151.01-156.00     153.03

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      46     63.3  1,088-1,166   1,139 156.12-156.19     156.14

65 - 80% Choice                        -                    -

35 - 65% Choice      91     62.4  1,258-1,258   1,258 154.70-154.70     154.70

 0 - 35% Choice      71     63.1  1,194-1,194   1,194 155.00-155.00     155.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,289     62.7  1,088-1,444   1,302 151.01-156.19     153.95

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     163     59.4  1,276-1,327   1,298 143.70-144.70     144.27

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

Over 80% Choice      13     65.7    684-684      684  236.49-236.49     236.49

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     146     62.0    867-917      899  218.44-219.62     218.90

MIXED STEER/HEIFER

Over 80% Choice      68     63.6    760-844      812  236.63-239.46     237.71

65 - 80% Choice      80     60.7    728-899      809  232.76-233.55     233.14

35 - 65% Choice      38     60.6    817-817      817  244.06-244.06     244.06

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    345     62.0    684-917      844  218.44-244.06     229.34

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     413     62.8    652-816      750  232.31-237.64     235.49

35 - 65% Choice     116     58.9    827-858      837  222.49-233.56     229.93

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     199     61.1    789-899      827  229.00-236.62     231.73

65 - 80% Choice      38     59.2    873-873      873  212.83-212.83     212.83

35 - 65% Choice      52     61.5    848-882      858  217.58-230.00     221.16

 0 - 35% Choice      36     56.9    646-646      646  227.97-227.97     227.97





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     435     61.3  1,300-1,350   1,318 134.85-142.59     139.21

 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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