Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Jul 29, 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:   12,858     67,719      15,253       68,736      26,580      116,378

Live:         326      6,013       3,380       10,889       2,563        9,261

Total:     13,184     73,732      18,633       79,625      29,143      125,639



NEGOTIATED GRID NET:

Dressed:      702      3,686       1,436        4,842       2,254        6,939

Live:           0        820         320          320           0        1,359

Total:        702      4,506       1,756        5,162       2,254        8,298





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,745     64.0    803-961      887  244.12-277.22     251.74

65 - 80% Choice   2,340     65.0    773-995      922  241.62-249.62     244.95

35 - 65% Choice     383     64.3    911-939      924  244.42-248.31     246.14

 0 - 35% Choice     681     64.0    755-936      880  244.67-258.11     256.07

HEIFER

Over 80% Choice     621     63.8    730-825      794  242.80-277.14     252.45

65 - 80% Choice     746     64.8    732-885      795  244.12-246.45     245.28

35 - 65% Choice   2,095     64.6    714-850      759  242.94-258.00     245.31

 0 - 35% Choice     122     64.9    850-850      850  257.50-257.50     257.50

MIXED STEER/HEIFER

Over 80% Choice     818     63.8    730-972      832  242.45-278.49     255.29

65 - 80% Choice     440     63.8    801-938      844  243.49-258.00     250.39

35 - 65% Choice     500     64.3    722-866      797  246.41-252.81     247.75

 0 - 35% Choice     389     61.8    772-795      785  243.60-244.45     244.06

ALL STEERS & HEIFERS

                 10,880     64.3    714-995      845  241.62-278.49     248.53

MIXED STEER/HEIFER/COW

Over 80% Choice      86     64.0    744-795      770  247.10-247.92     247.52

65 - 80% Choice      38     64.2    804-804      804  245.87-245.87     245.87

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,103     61.7    877-949      901  236.35-243.99     241.56

65 - 80% Choice     629     61.7    750-897      824  235.19-243.52     240.35

35 - 65% Choice                        -                    -

 0 - 35% Choice     122     58.2    791-791      791  249.00-249.00     249.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      57     63.2  1,236-1,236   1,236 156.50-156.50     156.50

35 - 65% Choice     121     63.2  1,111-1,132   1,122 155.50-156.00     155.75

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      49     63.4  1,349-1,349   1,349 154.00-154.00     154.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    227     63.2  1,111-1,349   1,199 154.00-156.50     155.56

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      99     61.7  1,370-1,370   1,370 156.00-156.00     156.00

 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     116     63.6    814-898      862  241.07-251.28     248.93

65 - 80% Choice     119     62.4    765-916      817  244.63-250.40     246.62

35 - 65% Choice     219     64.4    849-849      849  248.94-248.94     248.94

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      44     64.2    818-818      818  245.20-245.20     245.20

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     130     63.8    734-842      793  243.34-253.85     247.49

65 - 80% Choice      13     60.9    743-743      743  247.61-247.61     247.61

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    641     63.7    734-916      830  241.07-253.85     247.93

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      61     59.9    746-785      769  228.62-233.31     231.46

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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