Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jul 08, 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:   22,562     82,875      21,483       89,768      35,536      108,865

Live:       1,689     10,002         209        7,190       3,861       13,145

Total:     24,251     92,877      21,692       96,958      39,397      122,010



NEGOTIATED GRID NET:

Dressed:    2,280      6,831       2,343        5,549       2,142        8,752

Live:         142      2,607       1,043        1,043           0        1,315

Total:      2,422      9,438       3,386        6,592       2,142       10,067





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,357     63.9    767-1,025    884  239.18-283.83     250.60

65 - 80% Choice   3,003     64.3    820-972      894  243.55-249.05     246.44

35 - 65% Choice   2,666     64.4    757-935      878  239.90-246.43     243.86

 0 - 35% Choice     396     63.9    844-925      898  240.06-245.14     244.41

HEIFER

Over 80% Choice   1,921     63.8    667-895      794  241.12-283.83     248.91

65 - 80% Choice   3,736     63.9    701-802      759  242.90-249.42     245.20

35 - 65% Choice   2,362     64.3    633-854      761  240.69-245.08     243.26

 0 - 35% Choice     536     63.6    744-829      803  243.13-250.19     247.47

MIXED STEER/HEIFER

Over 80% Choice   1,621     63.5    697-942      807  240.00-283.83     250.61

65 - 80% Choice     456     63.4    682-975      806  242.38-266.73     246.94

35 - 65% Choice     354     62.4    667-875      812  240.88-245.33     243.76

 0 - 35% Choice      41     63.6    842-842      842  244.81-244.81     244.81

ALL STEERS & HEIFERS

                 20,449     64.0    633-1,025    828  239.18-283.83     246.71

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     297     63.4    730-962      817  234.39-242.93     239.58

35 - 65% Choice     141     61.8    751-973      865  228.08-239.00     233.28

 0 - 35% Choice     212     58.7    757-927      836  205.27-231.74     215.04

DAIRYBRED STEER/HEIFER

Over 80% Choice     351     62.2    831-881      864  239.45-241.63     241.03

65 - 80% Choice     677     61.9    760-909      819  231.04-243.03     236.70

35 - 65% Choice     435     61.4    848-891      865  237.00-239.52     237.92

 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     347     63.5  1,390-1,514   1,474 155.59-156.50     155.89

65 - 80% Choice     402     62.6  1,212-1,440   1,367 155.70-156.50     156.32

35 - 65% Choice     490     63.0  1,313-1,544   1,418 154.20-158.00     155.40

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     342     62.9  1,359-1,475   1,405 155.00-156.50     155.90

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,581     63.0  1,212-1,544   1,414 154.20-158.00     155.85

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     108     62.8  1,282-1,282   1,282 149.10-149.10     149.10

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     488     63.7    711-929      872  238.77-250.00     244.81

65 - 80% Choice     163     63.0    769-866      844  234.00-239.80     238.11

35 - 65% Choice     242     62.1    744-864      833  235.79-240.52     238.81

 0 - 35% Choice      40     64.7    716-716      716  231.38-231.38     231.38

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     306     62.4    662-819      769  236.46-252.12     244.86

65 - 80% Choice     234     63.2    706-869      780  221.79-247.42     237.69

35 - 65% Choice     126     63.6    725-842      777  238.75-246.22     242.55

 0 - 35% Choice      80     63.0    863-863      863  237.16-237.16     237.16

ALL STEERS & HEIFERS

                  1,679     63.1    662-929      821  221.79-252.12     241.46

MIXED STEER/HEIFER/COW

Over 80% Choice      41     61.7    732-732      732  236.56-236.56     236.56

65 - 80% Choice                        -                    -

35 - 65% Choice     126     60.6    870-872      871  232.29-237.77     235.77

 0 - 35% Choice     165     58.2    829-914      864  228.85-232.72     231.02

DAIRYBRED STEER/HEIFER

Over 80% Choice     193     61.1    791-925      821  229.79-243.14     235.62

65 - 80% Choice      76     59.4    701-757      729  232.00-236.26     233.74

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

 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     142     61.6  1,340-1,379   1,359 144.76-146.74     145.74

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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