Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Mon, Aug 04, 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:   26,989     26,989      35,428       35,428      28,810       28,810

Live:       2,060      2,060       2,140        2,140       4,564        4,564

Total:     29,049     29,049      37,568       37,568      33,374       33,374



NEGOTIATED GRID NET:

Dressed:      910        910       1,162        1,162       2,514        2,514

Live:         554        554         339          339           0            0

Total:      1,464      1,464       1,501        1,501       2,514        2,514





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,793     63.8    713-968      872  251.67-270.24     260.47

65 - 80% Choice   3,253     64.8    755-1,009    900  250.06-261.52     256.58

35 - 65% Choice   4,577     64.8    830-960      884  246.00-263.50     256.93

 0 - 35% Choice   1,384     63.7    737-959      898  252.59-258.77     257.04

HEIFER

Over 80% Choice   1,012     63.9    695-860      809  259.31-268.97     261.45

65 - 80% Choice   4,370     64.5    622-866      793  245.08-265.12     259.28

35 - 65% Choice   4,335     64.5    662-843      785  250.01-259.34     257.26

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,360     63.3    651-954      811  256.02-265.28     260.07

65 - 80% Choice     347     63.8    670-820      793  246.82-260.59     257.50

35 - 65% Choice     119     60.5    820-840      827  253.00-259.54     255.09

 0 - 35% Choice      46     63.0    729-729      729  256.92-256.92     256.92

ALL STEERS & HEIFERS

                 23,596     64.3    622-1,009    841  245.08-270.24     258.18

MIXED STEER/HEIFER/COW

Over 80% Choice      44     61.6    747-747      747  261.38-261.38     261.38

65 - 80% Choice     100     60.9    737-848      814  245.39-257.90     249.27

35 - 65% Choice     353     61.3    670-931      822  228.92-253.89     242.57

 0 - 35% Choice     584     60.0    772-1,087    947  215.00-230.45     221.05

DAIRYBRED STEER/HEIFER

Over 80% Choice     693     61.1    789-895      837  252.58-258.25     253.69

65 - 80% Choice     645     61.8    683-889      838  249.56-256.52     253.55

35 - 65% Choice     716     62.1    817-898      842  252.35-256.36     253.45

 0 - 35% Choice     258     59.0    690-853      755  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

Over 80% Choice                        -                    -

65 - 80% Choice     164     63.9  1,330-1,505   1,411 165.00-166.50     166.16

35 - 65% Choice     764     63.4  1,296-1,425   1,352 164.00-166.50     165.28

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     204     64.3  1,247-1,249   1,248 166.50-166.50     166.50

35 - 65% Choice     576     63.5  1,163-1,366   1,221 163.50-166.50     165.47

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,708     63.6  1,163-1,505   1,301 163.50-166.50     165.58

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     352     61.6  1,329-1,329   1,329 163.72-163.72     163.72

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 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      69     62.1    706-804      768  249.56-259.83     252.44

65 - 80% Choice                        -                    -

35 - 65% Choice      66     64.5    781-853      810  254.75-255.00     254.90

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      59     63.4    748-807      780  251.67-261.02     256.74

65 - 80% Choice      15     63.9    763-763      763  248.30-248.30     248.30

35 - 65% Choice     197     62.7    693-746      722  242.65-256.00     247.81

 0 - 35% Choice     101     64.9    791-882      810  255.00-256.00     255.21

ALL STEERS & HEIFERS

                    507     63.4    693-882      765  242.65-261.02     251.89

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     326     61.6    724-913      872  238.27-253.92     240.94

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      65     62.0    725-807      774  249.87-253.60     251.77

65 - 80% Choice                        -                    -

35 - 65% Choice      12     56.6    610-610      610  241.17-241.17     241.17

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      24     61.8  1,331-1,331   1,331 153.18-153.18     153.18

 0 - 35% Choice      40     63.6  1,262-1,262   1,262 162.00-162.00     162.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      36     64.6  1,305-1,305   1,305 153.00-153.00     153.00

35 - 65% Choice     264     64.1  1,144-1,383   1,229 154.16-162.00     159.45

 0 - 35% Choice     190     63.8  1,273-1,318   1,283 158.53-162.00     160.96

ALL STEERS & HEIFERS

                    554     63.9  1,144-1,383   1,259 153.00-162.00     159.46

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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