Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Sep 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:   23,329     78,998      21,553       72,368      26,811       95,388

Live:       1,616      6,067       3,719       10,206       1,748        9,045

Total:     24,945     85,065      25,272       82,574      28,559      104,433



NEGOTIATED GRID NET:

Dressed:      843      2,876         659        4,341       1,681        6,745

Live:           0        159          73          212          48        1,048

Total:        843      3,035         732        4,553       1,729        7,793





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,988     63.4    774-1,090    951  244.31-262.61     252.69

65 - 80% Choice   4,414     64.4    793-1,037    907  244.75-257.96     252.24

35 - 65% Choice   3,443     64.6    739-962      893  242.52-258.24     253.33

 0 - 35% Choice   1,176     63.7    752-900      871  242.13-255.71     253.24

HEIFER

Over 80% Choice   2,215     63.8    746-941      821  246.79-262.83     258.35

65 - 80% Choice   2,270     64.3    701-913      796  246.35-261.01     256.08

35 - 65% Choice   1,914     64.5    722-896      774  248.45-258.68     256.55

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     626     63.3    730-926      831  249.31-269.48     258.06

65 - 80% Choice     768     63.4    762-873      836  244.20-259.17     253.18

35 - 65% Choice     351     62.6    696-863      794  243.43-254.72     250.94

 0 - 35% Choice     115     63.2    741-821      798  239.14-247.96     241.67

ALL STEERS & HEIFERS

                 20,280     64.1    696-1,090    867  239.14-269.48     254.19

MIXED STEER/HEIFER/COW

Over 80% Choice      38     62.7    804-808      806  249.31-249.31     249.31

65 - 80% Choice     352     61.1    728-929      767  240.96-263.65     251.63

35 - 65% Choice     665     62.3    723-855      793  227.65-254.03     247.25

 0 - 35% Choice     110     59.1    857-928      885  227.78-236.08     231.60

DAIRYBRED STEER/HEIFER

Over 80% Choice     433     61.6    861-920      882  249.29-256.03     251.83

65 - 80% Choice     460     61.8    877-896      886  247.19-253.12     250.91

35 - 65% Choice     529     60.1    709-870      811  244.00-252.70     248.34

 0 - 35% Choice     462     60.5    766-857      814  229.11-244.00     235.68





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     105     62.0  1,434-1,434   1,434 163.50-163.50     163.50

35 - 65% Choice     373     63.4  1,367-1,444   1,413 163.00-163.50     163.30

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     696     62.8  1,167-1,366   1,268 160.00-163.00     161.43

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     207     63.0  1,160-1,264   1,192 159.00-160.00     159.30

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,381     62.9  1,160-1,444   1,308 159.00-163.50     161.77

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      42     61.2  1,433-1,433   1,433 147.57-147.57     147.57

65 - 80% Choice                        -                    -

35 - 65% Choice     193     61.6  1,316-1,376   1,361 151.00-153.00     152.51

 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      41     63.1    868-868      868  261.67-261.67     261.67

65 - 80% Choice                        -                    -

35 - 65% Choice     129     64.9    764-764      764  249.82-249.82     249.82

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     173     63.3    786-786      786  253.29-253.29     253.29

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      55     64.5    787-807      800  239.17-251.26     247.08

65 - 80% Choice      32     62.8    710-710      710  241.48-241.48     241.48

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    430     63.9    710-868      783  239.17-261.67     251.38

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     119     59.6    822-867      837  242.72-246.87     245.51

 0 - 35% Choice     189     58.6    833-991      913  232.23-235.99     234.61

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     61.5    811-815      813  239.20-241.32     240.32

65 - 80% Choice                        -                    -

35 - 65% Choice      35     60.5    823-823      823  241.14-241.14     241.14

 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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