Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, Jul 17, 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:   14,639    133,756      21,275      152,265      12,136      198,048

Live:       2,987     18,239       3,430       25,967       2,520       24,196

Total:     17,626    151,995      24,705      178,232      14,656      222,244



NEGOTIATED GRID NET:

Dressed:      666     13,938       1,535       14,753       1,768       15,302

Live:           0      1,939           0        3,375           0        3,218

Total:        666     15,877       1,535       18,128       1,768       18,520





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,159     64.4    798-955      913  245.71-253.17     249.55

65 - 80% Choice   1,038     64.5    757-971      899  244.21-250.94     246.48

35 - 65% Choice   2,928     64.3    814-972      884  241.91-250.00     245.10

 0 - 35% Choice     826     63.2    822-893      846  247.67-272.42     264.89

HEIFER

Over 80% Choice     560     64.2    761-869      811  250.52-259.17     251.84

65 - 80% Choice   2,842     64.7    682-843      763  243.64-251.04     245.88

35 - 65% Choice     982     64.1    690-790      741  245.31-246.26     245.77

 0 - 35% Choice     513     64.8    792-823      814  247.67-247.81     247.71

MIXED STEER/HEIFER

Over 80% Choice     614     63.3    746-906      809  244.00-268.67     253.76

65 - 80% Choice     302     63.3    786-891      842  245.63-250.61     249.23

35 - 65% Choice      97     60.7    873-873      873  244.18-244.18     244.18

 0 - 35% Choice     587     61.2    688-775      748  240.49-246.00     244.38

ALL STEERS & HEIFERS

                 12,448     64.1    682-972      829  240.49-272.42     248.07

MIXED STEER/HEIFER/COW

Over 80% Choice      43     60.0    880-880      880  246.13-246.13     246.13

65 - 80% Choice      41     59.9    878-878      878  242.76-242.76     242.76

35 - 65% Choice     164     59.1    822-948      884  217.04-244.69     230.63

 0 - 35% Choice     136     57.0    836-866      857  217.96-226.62     220.75

DAIRYBRED STEER/HEIFER

Over 80% Choice     790     61.6    730-944      880  238.45-244.83     241.35

65 - 80% Choice     849     62.0    778-908      850  236.38-244.43     240.23

35 - 65% Choice     135     62.4    824-833      831  238.83-241.91     239.61

 0 - 35% Choice      33     60.6    866-866      866  239.35-239.35     239.35





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     685     63.3  1,312-1,442   1,393 154.86-174.90     158.78

65 - 80% Choice     155     63.7  1,404-1,555   1,462 156.50-156.50     156.50

35 - 65% Choice   1,219     63.4  1,216-1,484   1,349 153.13-158.50     155.91

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     116     61.7  1,178-1,178   1,178 176.38-176.38     176.38

35 - 65% Choice     597     63.4  1,193-1,251   1,228 157.50-159.00     157.86

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      42     62.9  1,313-1,313   1,313 156.00-156.00     156.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,814     63.3  1,178-1,555   1,333 153.13-176.38     157.90

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     173     60.3  1,368-1,368   1,368 145.00-145.00     145.00

 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      14     66.8    948-948      948  242.66-242.66     242.66

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      43     63.7    742-742      742  250.37-250.37     250.37

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      81     63.0    712-807      743  248.53-252.63     250.78

65 - 80% Choice     164     62.5    781-829      791  234.67-249.03     243.10

35 - 65% Choice      73     63.4    713-818      801  236.72-247.07     240.55

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    375     63.1    712-948      783  234.67-252.63     245.08

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      31     61.1    820-820      820  235.09-235.09     235.09

35 - 65% Choice      76     60.4    852-852      852  242.46-242.46     242.46

 0 - 35% Choice      38     57.5    841-841      841  235.00-235.00     235.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     100     60.1    763-873      831  236.47-237.00     236.68

65 - 80% Choice      46     60.6    810-821      813  235.03-235.82     235.60

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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