Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, Jul 03, 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:   26,766    168,239      18,472      163,360           0      158,599

Live:       1,221     20,356       3,060       21,114           0       23,121

Total:     27,987    188,595      21,532      184,474           0      181,720



NEGOTIATED GRID NET:

Dressed:    1,289     12,705       2,141       12,277           0       13,736

Live:           0      2,015          41        2,437           0        3,005

Total:      1,289     14,720       2,182       14,714           0       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   2,205     63.6    721-1,018    866  238.25-249.86     245.08

65 - 80% Choice   3,929     64.6    752-968      875  236.71-248.56     245.45

35 - 65% Choice   4,523     64.2    813-942      876  238.48-246.43     243.21

 0 - 35% Choice     850     63.1    854-878      866  243.74-245.19     244.60

HEIFER

Over 80% Choice   1,211     63.9    675-851      780  239.46-250.29     246.11

65 - 80% Choice   2,012     64.1    739-810      770  242.00-247.48     244.95

35 - 65% Choice   3,732     64.0    628-858      756  240.08-247.22     243.05

 0 - 35% Choice     705     63.2    676-848      791  240.28-245.19     243.99

MIXED STEER/HEIFER

Over 80% Choice     969     63.1    690-934      770  237.09-253.96     247.67

65 - 80% Choice     477     63.5    683-987      832  232.58-249.04     245.72

35 - 65% Choice      41     62.1    693-693      693  236.51-236.51     236.51

 0 - 35% Choice     881     61.5    733-872      797  239.42-245.49     243.27

ALL STEERS & HEIFERS

                 21,535     63.9    628-1,018    826  232.58-253.96     244.44

MIXED STEER/HEIFER/COW

Over 80% Choice     373     63.0    772-835      797  236.78-244.92     239.79

65 - 80% Choice     922     65.0    775-785      780  237.56-244.47     239.70

35 - 65% Choice     229     59.0    587-986      760  225.31-238.47     230.16

 0 - 35% Choice     584     61.1    854-1,090   1,039 209.69-225.41     221.41

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,037     61.9    800-979      904  238.01-241.97     240.67

65 - 80% Choice     769     62.2    773-902      844  236.34-241.13     238.18

35 - 65% Choice   1,246     62.1    812-908      870  237.24-241.19     238.77

 0 - 35% Choice      71     57.4    745-871      811  230.00-232.51     231.20





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     540     63.3  1,396-1,460   1,425 157.37-157.37     157.37

35 - 65% Choice     326     62.5  1,230-1,386   1,350 154.00-156.50     155.59

 0 - 35% Choice     275     62.2  1,297-1,297   1,297 156.50-156.50     156.50

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      80     62.9  1,208-1,208   1,208 154.27-154.27     154.27

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,221     62.8  1,208-1,460   1,362 154.00-157.37     156.50

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     172     63.3    720-934      812  232.13-248.23     240.70

65 - 80% Choice      41     62.6    925-925      925  235.00-235.00     235.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      27     61.3    902-902      902  234.02-234.02     234.02

35 - 65% Choice      22     61.3    706-757      731  232.76-233.34     233.05

 0 - 35% Choice      66     62.0    931-935      933  216.67-217.69     217.18

MIXED STEER/HEIFER

Over 80% Choice     499     63.5    694-855      808  233.93-245.58     237.81

65 - 80% Choice                        -                    -

35 - 65% Choice      43     62.0    773-870      802  222.62-235.33     226.46

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    870     63.1    694-935      824  216.67-248.23     235.88

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      37     65.0    760-760      760  221.49-221.49     221.49

35 - 65% Choice      79     62.0    749-806      777  221.91-230.00     226.01

 0 - 35% Choice      38     56.6    827-827      827  226.97-226.97     226.97

DAIRYBRED STEER/HEIFER

Over 80% Choice      34     60.8    871-871      871  229.96-229.96     229.96

65 - 80% Choice     169     58.9    706-814      778  228.84-229.33     229.18

35 - 65% Choice      62     59.8    862-862      862  220.37-220.37     220.37

 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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