Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, Jul 18, 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:   11,584    163,279      21,835      189,349      12,962      228,139

Live:       2,531     23,255       2,964       29,590       2,712       30,985

Total:     14,115    186,534      24,799      218,939      15,674      259,124



NEGOTIATED GRID NET:

Dressed:    1,323     17,634         903       17,039       2,229       19,326

Live:           0      2,036          40        3,679           0        3,546

Total:      1,323     19,670         943       20,718       2,229       22,872





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     808     64.3    766-935      890  242.32-249.69     247.19

65 - 80% Choice   1,517     65.1    827-979      906  242.47-249.55     245.70

35 - 65% Choice   1,735     64.7    704-917      813  237.52-249.90     242.28

 0 - 35% Choice     248     64.8    716-727      720  236.62-238.92     237.45

HEIFER

Over 80% Choice     642     63.9    751-834      806  247.03-250.09     248.48

65 - 80% Choice     605     64.3    696-828      735  240.82-248.00     243.16

35 - 65% Choice   1,547     64.8    628-827      674  236.32-243.02     239.45

 0 - 35% Choice     533     64.6    661-696      677  237.23-238.84     237.79

MIXED STEER/HEIFER

Over 80% Choice     288     62.4    671-806      727  244.23-250.80     248.58

65 - 80% Choice     196     63.4    792-880      854  246.60-251.21     249.94

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  8,119     64.6    628-979      791  236.32-251.21     243.39

MIXED STEER/HEIFER/COW

Over 80% Choice     344     64.5    763-834      817  245.83-249.91     247.73

65 - 80% Choice                        -                    -

35 - 65% Choice     340     62.3    793-999      976  239.95-242.00     240.18

 0 - 35% Choice      76     60.8    826-826      826  230.88-230.88     230.88

DAIRYBRED STEER/HEIFER

Over 80% Choice     761     62.3    757-922      892  238.37-244.16     242.66

65 - 80% Choice   1,273     62.5    753-920      860  237.49-243.35     240.60

35 - 65% Choice     560     62.3    814-878      830  239.08-240.79     239.94

 0 - 35% Choice     111     62.0    776-776      776  249.60-249.60     249.60





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     535     62.9  1,163-1,551   1,295 157.50-177.50     170.72

65 - 80% Choice     222     64.1  1,210-1,471   1,389 157.50-157.50     157.50

35 - 65% Choice   1,260     63.6  1,074-1,322   1,169 152.74-157.00     153.35

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     162     63.0  1,231-1,231   1,231 176.31-176.31     176.31

35 - 65% Choice     202     62.5  1,043-1,160   1,093 152.64-157.00     154.52

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,381     63.4  1,043-1,551   1,216 152.64-177.50     159.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      60     62.1  1,258-1,359   1,320 155.78-155.78     155.78

65 - 80% Choice                        -                    -

35 - 65% Choice      90     59.7  1,326-1,326   1,326 143.00-143.00     143.00

 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      70     61.0    727-727      727  246.81-246.81     246.81

65 - 80% Choice      37     62.3    834-834      834  240.00-240.00     240.00

35 - 65% Choice     446     64.3    756-893      800  242.87-251.35     245.47

 0 - 35% Choice      74     61.8    843-843      843  256.21-256.21     256.21

HEIFER

Over 80% Choice      44     64.0    737-737      737  251.86-251.86     251.86

65 - 80% Choice                        -                    -

35 - 65% Choice     211     64.4    655-719      701  241.90-248.30     243.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      63     61.4    701-794      760  242.35-249.09     244.81

65 - 80% Choice                        -                    -

35 - 65% Choice      82     62.0    671-801      738  248.15-249.63     248.87

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,027     63.4    655-893      769  240.00-256.21     246.24

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      87     61.3    689-741      715  238.50-244.37     241.40

35 - 65% Choice                        -                    -

 0 - 35% Choice      38     55.9    810-810      810  229.27-229.27     229.27

DAIRYBRED STEER/HEIFER

Over 80% Choice      85     60.4    784-885      844  234.46-242.30     237.33

65 - 80% Choice      37     61.1    768-832      792  237.00-237.56     237.35

35 - 65% Choice      17     59.5    765-765      765  235.86-235.86     235.86

 0 - 35% Choice      32     62.6    822-822      822  225.67-225.67     225.67





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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