Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Mon, Jul 07, 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:   19,953     19,953      43,620       43,620      49,511       49,511

Live:       2,025      2,025       1,148        1,148       5,821        5,821

Total:     21,978     21,978      44,768       44,768      55,332       55,332



NEGOTIATED GRID NET:

Dressed:    2,877      2,877       1,122        1,122       2,405        2,405

Live:       1,969      1,969           0            0          80           80

Total:      4,846      4,846       1,122        1,122       2,485        2,485





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     576     63.9    793-940      874  240.29-260.11     246.10

65 - 80% Choice   3,188     64.6    752-987      850  237.07-247.95     242.00

35 - 65% Choice   2,967     64.7    727-907      812  235.02-245.64     240.55

 0 - 35% Choice   2,307     63.8    695-1,000    861  234.16-251.09     245.03

HEIFER

Over 80% Choice   1,176     64.3    698-832      767  243.75-248.71     245.49

65 - 80% Choice   1,451     64.8    622-821      731  234.80-248.39     242.57

35 - 65% Choice   1,378     64.3    642-775      682  235.95-244.34     237.74

 0 - 35% Choice   1,480     64.0    704-862      782  234.19-248.54     243.57

MIXED STEER/HEIFER

Over 80% Choice   1,799     63.0    677-991      814  235.86-251.11     247.85

65 - 80% Choice     285     63.5    661-834      780  237.49-247.64     245.59

35 - 65% Choice      98     62.6    796-800      799  245.00-245.00     245.00

 0 - 35% Choice      71     65.3    850-861      855  246.30-248.63     247.28

ALL STEERS & HEIFERS

                 16,776     64.2    622-1,000    805  234.16-260.11     243.11

MIXED STEER/HEIFER/COW

Over 80% Choice     109     60.0    833-866      845  238.99-242.32     241.13

65 - 80% Choice      52     62.2    796-879      858  238.74-240.60     240.14

35 - 65% Choice     323     61.0    822-972      937  221.75-234.50     224.75

 0 - 35% Choice     106     59.6    921-933      929  210.70-212.53     211.94

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,612     62.3    766-956      883  237.02-241.98     239.91

65 - 80% Choice     310     61.5    764-925      828  236.60-241.10     238.28

35 - 65% Choice     428     61.8    824-938      832  233.94-239.65     238.47

 0 - 35% Choice     237     61.2    774-852      824  237.00-240.00     238.41





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     242     63.1  1,383-1,435   1,416 151.00-156.50     153.27

35 - 65% Choice     744     62.7  1,219-1,438   1,355 154.50-156.50     155.95

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      44     62.5  1,176-1,176   1,176 155.00-155.00     155.00

65 - 80% Choice     249     63.0  1,246-1,284   1,268 155.00-156.50     155.90

35 - 65% Choice     594     63.1  1,131-1,342   1,228 154.00-155.00     154.78

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     152     62.9  1,244-1,244   1,244 154.00-154.00     154.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,025     62.9  1,131-1,438   1,302 151.00-156.50     155.11

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      43     64.1    890-890      890  247.34-247.34     247.34

65 - 80% Choice                        -                    -

35 - 65% Choice     508     63.9    696-899      820  223.03-242.16     233.01

 0 - 35% Choice     105     63.3    829-829      829  242.00-242.00     242.00

HEIFER

Over 80% Choice      20     61.4    740-740      740  244.61-244.61     244.61

65 - 80% Choice                        -                    -

35 - 65% Choice     169     63.2    659-659      659  240.31-240.31     240.31

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      56     62.8    755-774      766  235.00-240.18     237.31

65 - 80% Choice     465     63.6    717-836      778  228.72-243.96     235.61

35 - 65% Choice     648     64.1    775-935      818  226.07-242.00     232.11

 0 - 35% Choice     310     64.4    733-882      796  225.35-240.06     231.32

ALL STEERS & HEIFERS

                  2,324     63.8    659-935      796  223.03-247.34     234.46

MIXED STEER/HEIFER/COW

Over 80% Choice      35     60.7    778-778      778  235.79-235.79     235.79

65 - 80% Choice      30     62.3    759-759      759  224.17-224.17     224.17

35 - 65% Choice     159     61.0    875-920      897  236.42-237.30     236.86

 0 - 35% Choice      38     57.6    852-852      852  229.70-229.70     229.70

DAIRYBRED STEER/HEIFER

Over 80% Choice     278     61.1    751-929      865  226.11-243.12     231.41

65 - 80% Choice      13     59.1    856-856      856  233.20-233.20     233.20

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                        -                    -

 0 - 35% Choice     251     63.5  1,250-1,369   1,302 146.63-153.00     148.44

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      29     65.0  1,205-1,205   1,205 149.50-149.50     149.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     138     64.1  1,059-1,277   1,201 150.00-154.00     151.16

35 - 65% Choice   1,182     63.9  1,091-1,461   1,206 142.20-154.00     147.74

 0 - 35% Choice     226     63.3  1,081-1,364   1,199 147.59-152.50     149.92

ALL STEERS & HEIFERS

                  1,826     63.8  1,059-1,461   1,218 142.20-154.00     148.39

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      60     60.9  1,394-1,394   1,394 138.80-138.80     138.80

65 - 80% Choice      59     61.6  1,278-1,278   1,278 141.60-141.60     141.60

35 - 65% Choice      24     61.6  1,425-1,425   1,425 146.00-146.00     146.00

 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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