Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Jul 09, 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:   17,496    113,964      12,313      120,796      14,162      147,427

Live:       2,801     15,965       1,452       13,300       1,707       18,915

Total:     20,297    129,929      13,765      134,096      15,869      166,342



NEGOTIATED GRID NET:

Dressed:      807      9,449       1,199        9,719       3,566       14,704

Live:           0      2,607         435        1,930          81        2,435

Total:        807     12,056       1,634       11,649       3,647       17,139





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,500     64.1    766-911      860  235.75-268.65     249.16

65 - 80% Choice   3,348     63.8    735-948      874  238.86-253.09     247.09

35 - 65% Choice   3,483     64.6    735-950      853  237.61-252.75     244.85

 0 - 35% Choice   1,275     64.3    759-942      865  238.85-269.37     252.46

HEIFER

Over 80% Choice   1,111     64.1    723-814      764  236.61-267.91     248.24

65 - 80% Choice   1,328     64.6    699-811      757  243.01-248.66     244.63

35 - 65% Choice   1,273     64.5    731-797      762  240.39-252.61     244.06

 0 - 35% Choice     305     64.9    740-792      771  245.02-250.19     248.36

MIXED STEER/HEIFER

Over 80% Choice     510     63.0    694-891      800  244.69-256.67     251.03

65 - 80% Choice     387     63.4    723-876      772  239.46-253.20     249.90

35 - 65% Choice     524     63.1    686-829      766  238.76-248.07     243.45

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 15,044     64.2    686-950      828  235.75-269.37     246.95

MIXED STEER/HEIFER/COW

Over 80% Choice      36     60.7    920-920      920  240.92-240.92     240.92

65 - 80% Choice      41     64.1    778-778      778  240.00-240.00     240.00

35 - 65% Choice     162     59.9    710-856      818  223.16-238.93     227.25

 0 - 35% Choice     177     58.1    772-904      850  211.63-222.56     218.98

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,072     61.9    804-955      886  237.74-245.43     239.95

65 - 80% Choice     707     61.2    736-906      853  235.82-245.01     238.65

35 - 65% Choice     163     61.4    811-884      864  234.07-243.01     240.54

 0 - 35% Choice      94     61.3    806-806      806  244.00-244.00     244.00





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     200     63.9  1,331-1,333   1,332 158.00-158.50     158.30

35 - 65% Choice   1,238     64.4  1,253-1,427   1,389 154.20-159.00     156.36

 0 - 35% Choice     283     62.5  1,444-1,444   1,444 159.00-159.00     159.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      60     63.0  1,252-1,252   1,252 158.50-158.50     158.50

35 - 65% Choice     442     64.0  1,097-1,374   1,225 154.20-158.00     156.26

 0 - 35% Choice     268     62.5  1,188-1,188   1,188 159.00-159.00     159.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,491     63.8  1,097-1,444   1,337 154.20-159.00     157.13

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     222     61.0  1,340-1,401   1,368 142.00-144.70     143.48

35 - 65% Choice      88     62.0  1,373-1,373   1,373 146.00-146.00     146.00

 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      86     63.2    772-991      870  232.76-253.37     243.04

65 - 80% Choice      72     63.7    858-866      862  239.50-248.78     244.01

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      22     64.4    730-730      730  243.41-243.41     243.41

65 - 80% Choice                        -                    -

35 - 65% Choice      24     65.5    790-790      790  241.21-241.21     241.21

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     113     63.4    677-809      757  238.59-241.94     240.94

65 - 80% Choice     166     64.0    870-870      870  243.00-243.00     243.00

35 - 65% Choice      46     63.2    773-773      773  245.00-245.00     245.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    529     63.7    677-991      827  232.76-253.37     242.81

MIXED STEER/HEIFER/COW

Over 80% Choice      35     64.9    794-794      794  236.06-236.06     236.06

65 - 80% Choice     114     62.7    817-869      854  237.77-241.50     240.42

35 - 65% Choice     118     59.0    809-844      820  232.46-239.21     237.04

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      11     61.1    790-790      790  245.80-245.80     245.80

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 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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