Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, Jul 10, 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:   20,720    151,113      28,109      170,423      16,744      197,445

Live:       3,336     25,873       1,221       20,356       1,487       25,389

Total:     24,056    176,986      29,330      190,779      18,231      222,834



NEGOTIATED GRID NET:

Dressed:    1,509     14,727       1,416       12,962       2,166       18,327

Live:           0      3,375          42        2,057         199        3,110

Total:      1,509     18,102       1,458       15,019       2,365       21,437





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,400     64.2    805-964      877  244.47-275.14     255.91

65 - 80% Choice   3,813     63.9    800-969      897  240.00-252.26     249.98

35 - 65% Choice   3,228     64.3    691-968      878  241.70-252.80     247.70

 0 - 35% Choice     742     64.0    872-915      888  245.59-250.27     248.50

HEIFER

Over 80% Choice     415     63.5    734-863      786  250.24-255.35     251.67

65 - 80% Choice     812     64.1    733-894      804  244.16-252.38     250.93

35 - 65% Choice   2,982     64.6    678-793      740  245.00-249.96     248.29

 0 - 35% Choice     489     64.0    794-800      797  250.19-250.19     250.19

MIXED STEER/HEIFER

Over 80% Choice     590     63.0    739-922      846  247.49-255.26     251.96

65 - 80% Choice     539     62.8    687-924      824  243.53-253.20     250.14

35 - 65% Choice     201     64.1    727-931      901  248.77-251.30     249.22

 0 - 35% Choice     911     62.3    690-837      768  241.91-249.00     246.97

ALL STEERS & HEIFERS

                 17,122     64.0    678-969      842  240.00-275.14     250.02

MIXED STEER/HEIFER/COW

Over 80% Choice      36     59.9    749-749      749  245.55-245.55     245.55

65 - 80% Choice     330     63.8    714-871      813  242.59-247.00     245.66

35 - 65% Choice     243     62.1    725-879      853  238.46-242.47     241.18

 0 - 35% Choice     148     59.6    844-1,016    972  223.45-230.66     225.30

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,295     61.3    750-968      861  241.37-248.01     245.42

65 - 80% Choice   1,021     61.8    784-940      847  239.30-246.61     243.78

35 - 65% Choice     323     61.0    718-890      833  238.25-245.32     242.60

 0 - 35% Choice     202     62.1    858-900      885  242.00-244.00     243.28





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     168     62.6  1,153-1,255   1,195 175.34-177.63     176.20

65 - 80% Choice     637     63.0  1,290-1,430   1,399 158.00-159.00     158.69

35 - 65% Choice   1,259     64.1  1,323-1,463   1,381 156.50-159.50     158.67

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     251     62.6  1,123-1,276   1,154 159.00-177.59     173.81

65 - 80% Choice     160     62.6  1,188-1,198   1,193 156.00-158.00     156.96

35 - 65% Choice     305     63.2  1,039-1,326   1,222 156.50-158.00     157.70

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      30     61.4  1,272-1,272   1,272 158.00-158.00     158.00

65 - 80% Choice                        -                    -

35 - 65% Choice     243     63.0  1,216-1,316   1,266 156.00-158.00     156.99

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,053     63.4  1,039-1,463   1,320 156.00-177.63     160.56

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      42     62.1  1,346-1,346   1,346 150.43-150.43     150.43

65 - 80% Choice     111     61.3  1,348-1,364   1,355 142.00-146.10     143.88

35 - 65% Choice     130     60.2  1,320-1,411   1,365 145.00-147.00     146.02

 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     124     64.6    859-883      877  232.38-253.95     248.73

65 - 80% Choice                        -                    -

35 - 65% Choice      55     60.6    804-804      804  244.00-244.00     244.00

 0 - 35% Choice      94     63.9    911-959      939  230.90-232.13     231.40

HEIFER

Over 80% Choice      37     60.3    850-850      850  246.00-246.00     246.00

65 - 80% Choice      14     59.4    767-767      767  245.00-245.00     245.00

35 - 65% Choice     292     62.5    817-944      889  237.57-252.08     243.61

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     211     63.5    712-853      773  236.36-247.26     242.18

65 - 80% Choice                        -                    -

35 - 65% Choice     163     62.8    920-920      920  243.00-243.00     243.00

 0 - 35% Choice     126     61.6    656-875      771  217.99-247.50     236.28

ALL STEERS & HEIFERS

                  1,116     62.8    656-959      854  217.99-253.95     242.08

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     393     60.3    781-844      814  237.00-242.90     238.13

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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