Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Jul 23, 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:    8,630    102,969      11,162       98,996      28,364      156,942

Live:         934     14,012       3,007       13,928       1,750       17,808

Total:      9,564    116,981      14,169      112,924      30,114      174,750



NEGOTIATED GRID NET:

Dressed:      888      7,625       2,433       10,504       2,751       16,668

Live:           0      2,129         777        1,899           0        2,200

Total:        888      9,754       3,210       12,403       2,751       18,868





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,174     63.7    783-954      874  244.14-269.71     254.28

65 - 80% Choice     518     64.5    888-953      908  244.12-247.12     244.80

35 - 65% Choice     239     63.9    709-947      814  237.57-247.23     244.43

 0 - 35% Choice     272     63.3    812-920      853  247.20-248.00     247.81

HEIFER

Over 80% Choice   1,189     64.1    732-912      791  243.27-254.26     249.46

65 - 80% Choice                        -                    -

35 - 65% Choice     169     64.3    835-835      835  244.12-244.12     244.12

 0 - 35% Choice     240     64.0    849-849      849  247.20-247.20     247.20

MIXED STEER/HEIFER

Over 80% Choice   1,316     63.5    672-946      866  244.70-253.11     248.95

65 - 80% Choice     135     63.9    653-798      734  241.50-249.00     245.51

35 - 65% Choice      40     61.6    609-766      687  243.36-246.73     245.05

 0 - 35% Choice     290     61.2    772-805      783  244.48-244.61     244.52

ALL STEERS & HEIFERS

                  6,582     63.7    609-954      847  237.57-269.71     249.79

MIXED STEER/HEIFER/COW

Over 80% Choice     437     63.7    764-876      836  240.43-248.35     246.60

65 - 80% Choice                        -                    -

35 - 65% Choice     172     63.0    880-880      880  244.15-244.15     244.15

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     204     61.7    749-944      854  234.68-241.81     239.28

65 - 80% Choice     635     62.1    810-913      858  228.77-241.32     238.57

35 - 65% Choice     381     61.4    717-854      820  233.00-240.32     237.77

 0 - 35% Choice     219     61.5    771-830      820  240.00-240.00     240.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     158     63.8  1,331-1,345   1,342 156.37-174.03     160.28

65 - 80% Choice                        -                    -

35 - 65% Choice      55     62.6  1,362-1,362   1,362 157.50-157.50     157.50

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     277     63.3  1,274-1,333   1,306 157.50-157.50     157.50

35 - 65% Choice     444     63.7  1,184-1,265   1,241 157.28-157.50     157.44

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    934     63.5  1,184-1,362   1,285 156.37-174.03     157.94

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                        -                    -

65 - 80% Choice      59     63.2    738-841      806  240.10-244.56     241.61

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      44     64.5    826-826      826  245.54-245.54     245.54

35 - 65% Choice                        -                    -

 0 - 35% Choice     131     61.7    853-931      906  215.54-228.00     223.79

MIXED STEER/HEIFER

Over 80% Choice     202     63.8    707-850      793  236.72-246.71     241.60

65 - 80% Choice      79     62.0    697-722      710  250.01-251.09     250.56

35 - 65% Choice      30     62.0    720-720      720  244.41-244.41     244.41

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    545     62.9    697-931      808  215.54-251.09     239.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     162     62.4    746-846      818  231.45-242.53     235.05

65 - 80% Choice     181     62.4    736-824      804  226.40-235.17     233.18

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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