Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Jul 16, 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:   11,045     98,818      18,605      115,355      17,458      154,086

Live:       2,808     13,729       3,469       16,633       2,707       18,080

Total:     13,853    112,547      22,074      131,988      20,165      172,166



NEGOTIATED GRID NET:

Dressed:    1,472      9,532       2,410       11,052       1,429       10,670

Live:         315      1,437         504        3,111           0        2,732

Total:      1,787     10,969       2,914       14,163       1,429       13,402





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     443     63.5    792-925      847  245.91-274.88     256.67

65 - 80% Choice   1,868     64.4    772-956      887  243.35-253.49     248.98

35 - 65% Choice   1,279     64.8    748-946      893  245.74-250.56     247.61

 0 - 35% Choice   1,052     64.2    807-878      847  247.61-275.03     263.25

HEIFER

Over 80% Choice   1,336     63.7    746-859      802  245.93-273.84     252.42

65 - 80% Choice   1,148     64.8    698-823      778  247.92-251.48     250.43

35 - 65% Choice     178     64.5    787-902      823  245.83-249.61     248.42

 0 - 35% Choice     531     64.1    806-829      812  247.67-252.45     248.94

MIXED STEER/HEIFER

Over 80% Choice   1,023     63.6    806-908      856  242.56-257.30     251.91

65 - 80% Choice     514     63.0    773-899      839  242.01-250.27     246.62

35 - 65% Choice     128     63.2    759-763      761  241.35-248.61     245.60

 0 - 35% Choice     379     60.8    772-810      785  247.50-247.97     247.68

ALL STEERS & HEIFERS

                  9,879     64.0    698-956      841  241.35-275.03     251.37

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     406     61.4    779-894      855  238.53-246.59     242.38

65 - 80% Choice     192     60.1    759-839      795  236.00-244.52     240.41

35 - 65% Choice     394     61.5    822-826      824  244.00-244.00     244.00

 0 - 35% Choice     174     61.7    840-840      840  238.00-238.00     238.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     331     62.9  1,430-1,440   1,436 157.00-159.00     158.00

65 - 80% Choice     768     62.8  1,313-1,413   1,385 156.00-159.00     157.81

35 - 65% Choice   1,025     63.0  1,179-1,450   1,334 155.00-159.50     156.60

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      41     64.0  1,304-1,304   1,304 157.50-157.50     157.50

65 - 80% Choice     295     63.6  1,229-1,282   1,261 157.50-159.00     157.88

35 - 65% Choice     319     62.3  1,237-1,444   1,272 156.00-157.50     156.94

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      29     62.9  1,271-1,271   1,271 157.50-157.50     157.50

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,808     62.9  1,179-1,450   1,344 155.00-159.50     157.29

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     167     64.8    856-956      909  248.63-251.94     250.31

65 - 80% Choice     156     63.9    823-850      838  238.21-250.55     245.19

35 - 65% Choice     108     61.8    701-900      813  236.88-252.40     246.40

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      16     62.6    746-746      746  250.43-250.43     250.43

65 - 80% Choice                        -                    -

35 - 65% Choice     121     63.0    649-851      782  239.19-246.96     241.82

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     119     62.9    728-860      762  233.89-248.05     245.36

65 - 80% Choice     165     62.0    764-830      811  240.14-249.86     243.76

35 - 65% Choice      81     63.0    749-799      773  235.55-247.28     241.49

 0 - 35% Choice      85     63.5    804-897      851  231.56-246.00     238.70

ALL STEERS & HEIFERS

                  1,018     63.1    649-956      822  231.56-252.40     244.79

MIXED STEER/HEIFER/COW

Over 80% Choice      46     65.0    855-855      855  239.45-239.45     239.45

65 - 80% Choice     106     63.6    736-751      748  241.88-245.61     244.91

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      38     61.9    854-854      854  245.96-245.96     245.96

65 - 80% Choice                        -                    -

35 - 65% Choice     264     61.1    822-822      822  233.13-233.13     233.13

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      39     63.9  1,075-1,075   1,075 155.00-155.00     155.00

ALL STEERS & HEIFERS

                     39     63.9  1,075-1,075   1,075 155.00-155.00     155.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     276     61.9  1,280-1,408   1,391 148.83-150.52     150.29

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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