Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, Oct 10, 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:   11,993    180,753      17,988      165,321          NA           NA

Live:       3,207     28,609       2,887       36,846          NA           NA

Total:     15,200    209,362      20,875      202,167          NA           NA



NEGOTIATED GRID NET:

Dressed:    1,332     10,953       1,032       10,436          NA           NA

Live:           0        647          74          955          NA           NA

Total:      1,332     11,600       1,106       11,391          NA           NA





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,260     64.0    819-1,042    970  251.47-259.09     253.18

65 - 80% Choice   1,579     64.8    828-1,035    924  248.71-258.75     252.35

35 - 65% Choice   1,863     64.1    776-945      888  246.67-254.05     250.84

 0 - 35% Choice     760     65.0    809-996      907  244.54-254.57     250.62

HEIFER

Over 80% Choice     337     64.4    698-902      839  239.44-262.17     253.21

65 - 80% Choice     503     64.0    798-922      836  250.38-260.54     255.18

35 - 65% Choice     853     64.2    676-868      797  249.42-252.66     251.51

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     323     63.2    623-954      804  252.45-263.11     258.52

65 - 80% Choice                        -                    -

35 - 65% Choice     228     64.0    775-807      782  248.05-252.50     251.37

 0 - 35% Choice     322     63.6    858-908      863  236.12-252.45     250.68

ALL STEERS & HEIFERS

                 10,028     64.2    623-1,042    904  236.12-263.11     252.43

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     172     64.0    798-823      810  232.35-251.57     246.49

 0 - 35% Choice     607     60.2    965-1,096   1,032 223.09-237.17     230.59

DAIRYBRED STEER/HEIFER

Over 80% Choice     681     61.3    740-883      825  245.52-255.14     251.38

65 - 80% Choice     344     62.0    836-907      864  242.99-251.14     249.48

35 - 65% Choice     161     60.0    787-850      824  246.00-250.80     249.20

 0 - 35% Choice                        -                    -





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     506     63.2  1,256-1,429   1,355 162.00-183.14     176.61

65 - 80% Choice                        -                    -

35 - 65% Choice     731     63.5  1,136-1,512   1,376 160.00-184.17     165.76

 0 - 35% Choice     142     61.7  1,269-1,415   1,310 162.00-163.00     162.72

HEIFER

Over 80% Choice     502     63.3  1,253-1,319   1,272 162.00-186.02     179.77

65 - 80% Choice                        -                    -

35 - 65% Choice     488     63.6  1,218-1,292   1,241 160.50-163.00     162.62

 0 - 35% Choice     208     62.7  1,197-1,212   1,202 162.50-162.50     162.50

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      23     61.2  1,196-1,196   1,196 158.00-158.00     158.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,600     63.3  1,136-1,512   1,307 158.00-186.02     169.49

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     242     61.5  1,303-1,351   1,328 156.31-161.32     160.39

65 - 80% Choice                        -                    -

35 - 65% Choice     365     61.5  1,317-1,317   1,317 156.00-156.00     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      37     63.3    885-885      885  246.24-246.24     246.24

65 - 80% Choice      84     60.2    870-870      870  253.70-253.70     253.70

35 - 65% Choice     105     64.6    812-812      812  243.96-243.96     243.96

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     355     63.3    761-967      852  247.57-259.68     252.70

65 - 80% Choice     104     61.9    748-799      765  244.56-253.31     248.19

35 - 65% Choice      56     63.2    757-778      768  246.16-247.04     246.63

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    741     62.9    748-967      832  243.96-259.68     250.16

MIXED STEER/HEIFER/COW

Over 80% Choice      46     59.9    769-769      769  250.38-250.38     250.38

65 - 80% Choice                        -                    -

35 - 65% Choice      83     61.4    979-979      979  240.17-240.17     240.17

 0 - 35% Choice     329     60.8    888-990      912  236.08-241.81     240.14

DAIRYBRED STEER/HEIFER

Over 80% Choice      35     61.5    866-866      866  243.90-243.90     243.90

65 - 80% Choice      98     61.2    780-810      806  240.71-251.63     250.29

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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