Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jul 15, 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:   19,755     72,290      23,096       83,641      19,918      109,634

Live:       1,725      8,808       2,345       10,658       2,171       10,618

Total:     21,480     81,098      25,441       94,299      22,089      120,252



NEGOTIATED GRID NET:

Dressed:    1,530      5,875       2,280        6,831       2,026        6,522

Live:         322        640         142        2,607           0        1,301

Total:      1,852      6,515       2,422        9,438       2,026        7,823





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,568     64.1    765-976      884  235.89-256.57     252.77

65 - 80% Choice   4,072     64.7    734-953      895  244.71-253.69     249.37

35 - 65% Choice   3,835     64.8    786-932      885  243.64-252.38     248.54

 0 - 35% Choice     680     64.3    875-892      885  244.29-249.38     247.19

HEIFER

Over 80% Choice   3,942     64.0    711-960      806  246.85-256.07     251.98

65 - 80% Choice     838     63.7    700-863      809  247.67-253.95     251.38

35 - 65% Choice   1,038     63.9    654-819      750  248.83-251.07     250.11

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     423     63.1    748-895      805  246.76-254.86     251.75

65 - 80% Choice     227     62.7    726-848      771  245.30-249.70     247.91

35 - 65% Choice     134     62.7    788-805      797  241.77-250.17     245.71

 0 - 35% Choice      31     61.2    756-756      756  244.31-244.31     244.31

ALL STEERS & HEIFERS

                 17,788     64.3    654-976      854  235.89-256.57     250.32

MIXED STEER/HEIFER/COW

Over 80% Choice     122     58.5    625-796      676  247.22-248.05     247.46

65 - 80% Choice      85     63.3    859-859      859  243.45-243.45     243.45

35 - 65% Choice      82     59.6    643-934      778  234.43-237.07     235.85

 0 - 35% Choice     155     58.9    864-883      868  221.70-234.18     231.36

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,089     61.9    747-933      855  241.16-253.25     244.13

65 - 80% Choice     434     61.5    827-943      890  240.30-248.49     243.52

35 - 65% Choice                        -                    -

 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     237     63.5  1,348-1,525   1,422 157.84-159.50     158.77

65 - 80% Choice     492     62.9  1,416-1,514   1,448 158.50-159.50     159.27

35 - 65% Choice     455     63.8  1,363-1,528   1,400 158.00-159.50     158.91

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     206     64.7  1,270-1,270   1,270 159.00-159.00     159.00

65 - 80% Choice     249     63.6  1,260-1,403   1,291 158.00-158.50     158.13

35 - 65% Choice      69     63.1  1,175-1,175   1,175 158.00-158.00     158.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,708     63.6  1,175-1,528   1,376 157.84-159.50     158.85

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      17     67.2  1,316-1,316   1,316 155.78-155.78     155.78

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     305     62.8    790-930      901  243.00-250.97     245.93

65 - 80% Choice     107     64.0    696-803      782  233.64-249.63     237.31

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     120     62.9    764-764      764  252.95-252.95     252.95

65 - 80% Choice      40     63.7    755-755      755  245.69-245.69     245.69

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     291     63.4    725-866      804  232.89-257.77     248.51

65 - 80% Choice                        -                    -

35 - 65% Choice     266     64.7    702-875      835  233.63-244.00     240.67

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,129     63.5    696-930      830  232.89-257.77     245.27

MIXED STEER/HEIFER/COW

Over 80% Choice      43     60.6    831-831      831  237.81-237.81     237.81

65 - 80% Choice                        -                    -

35 - 65% Choice     190     60.4    768-878      814  223.34-248.00     239.12

 0 - 35% Choice      38     57.9    810-810      810  235.95-235.95     235.95

DAIRYBRED STEER/HEIFER

Over 80% Choice     130     60.4    759-862      837  231.40-249.25     239.27

65 - 80% Choice                        -                    -

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      41     65.4  1,162-1,162   1,162 156.00-156.00     156.00

 0 - 35% Choice      42     63.9  1,123-1,198   1,161 153.00-156.00     154.50

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      53     62.7  1,164-1,164   1,164 156.20-156.20     156.20

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      36     63.4  1,292-1,292   1,292 157.00-157.00     157.00

35 - 65% Choice      77     63.9  1,058-1,469   1,234 153.00-156.50     155.00

 0 - 35% Choice      73     62.7  1,132-1,258   1,184 155.00-155.00     155.00

ALL STEERS & HEIFERS

                    322     63.6  1,058-1,469   1,199 153.00-157.00     155.48

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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