Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, Oct 03, 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:   18,115    165,448      14,735      178,768          NA       53,090

Live:       2,887     35,682       4,470       29,997          NA        1,722

Total:     21,002    201,130      19,205      208,765          NA       54,812



NEGOTIATED GRID NET:

Dressed:    1,044     10,448       1,090        8,685          NA        4,646

Live:          74        955           0        1,021          NA            0

Total:      1,118     11,403       1,090        9,706          NA        4,646





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,187     63.7    766-1,037    926  244.00-259.08     249.58

65 - 80% Choice   2,743     64.2    857-997      915  242.48-256.60     249.19

35 - 65% Choice   4,354     64.7    706-954      858  239.93-251.39     245.78

 0 - 35% Choice   1,297     64.6    749-980      869  241.16-251.04     245.01

HEIFER

Over 80% Choice     451     64.8    745-861      820  248.00-261.74     252.11

65 - 80% Choice   1,198     64.0    672-878      796  243.89-253.41     248.08

35 - 65% Choice   1,842     64.4    665-863      742  230.82-252.17     244.66

 0 - 35% Choice     226     65.5    935-935      935  251.14-251.14     251.14

MIXED STEER/HEIFER

Over 80% Choice     397     63.7    679-902      824  251.22-260.44     254.95

65 - 80% Choice     454     62.9    691-871      813  234.67-253.93     251.06

35 - 65% Choice     368     63.7    676-872      824  246.62-253.85     248.78

 0 - 35% Choice   1,329     64.2    675-921      871  237.88-247.69     245.33

ALL STEERS & HEIFERS

                 15,846     64.3    665-1,037    854  230.82-261.74     247.31

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      71     60.9    804-804      804  244.86-244.86     244.86

35 - 65% Choice     230     61.2    737-952      877  229.12-241.02     236.81

 0 - 35% Choice     700     58.0    705-976      891  212.09-232.75     218.58

DAIRYBRED STEER/HEIFER

Over 80% Choice      31     61.8    929-929      929  244.36-244.36     244.36

65 - 80% Choice     682     61.9    854-909      879  233.66-246.23     244.05

35 - 65% Choice     428     61.5    795-876      837  224.41-245.23     241.09

 0 - 35% Choice     127     62.1    866-866      866  203.32-203.32     203.32





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     326     63.2  1,207-1,289   1,250 156.10-160.50     158.66

35 - 65% Choice   1,015     62.8  1,100-1,458   1,265 155.82-160.50     157.28

 0 - 35% Choice      56     61.6  1,444-1,444   1,444 154.00-154.00     154.00

HEIFER

Over 80% Choice     250     63.2  1,417-1,430   1,424 157.97-157.97     157.97

65 - 80% Choice                        -                    -

35 - 65% Choice     512     63.9  1,183-1,334   1,263 159.00-160.50     159.58

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     162     62.7  1,272-1,392   1,310 156.00-159.00     157.81

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,321     63.1  1,100-1,458   1,287 154.00-160.50     158.01

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     566     61.7  1,273-1,366   1,330 145.00-155.00     152.17

 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     192     63.4    684-964      933  245.39-252.88     251.86

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     280     64.0    831-856      849  248.79-253.21     252.11

65 - 80% Choice                        -                    -

35 - 65% Choice      42     62.5    778-778      778  245.00-245.00     245.00

 0 - 35% Choice      88     62.3    838-855      840  211.41-237.00     233.51

MIXED STEER/HEIFER

Over 80% Choice      89     63.0    780-839      808  244.63-251.02     248.00

65 - 80% Choice                        -                    -

35 - 65% Choice      13     64.4    715-715      715  240.86-240.86     240.86

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    704     63.4    684-964      859  211.41-253.21     248.56

MIXED STEER/HEIFER/COW

Over 80% Choice      34     64.5    830-830      830  247.81-247.81     247.81

65 - 80% Choice      40     60.9    788-788      788  236.42-236.42     236.42

35 - 65% Choice                        -                    -

 0 - 35% Choice     241     59.6    852-889      875  228.17-230.03     229.62

DAIRYBRED STEER/HEIFER

Over 80% Choice      12     62.6    858-858      858  237.86-237.86     237.86

65 - 80% Choice                        -                    -

35 - 65% Choice      13     60.4    750-750      750  234.14-234.14     234.14

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      34     60.8  1,337-1,337   1,337 154.00-154.00     154.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      40     60.9  1,230-1,230   1,230 146.26-146.26     146.26





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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