Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Oct 14, 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:   23,432     71,124      27,421       74,181          NA           NA

Live:       1,894     10,273       1,886        8,965          NA           NA

Total:     25,326     81,397      29,307       83,146          NA           NA



NEGOTIATED GRID NET:

Dressed:    1,001      3,737         442        3,268          NA           NA

Live:         133        133           0          246          NA           NA

Total:      1,134      3,870         442        3,514          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   2,076     63.8    797-1,050    950  245.82-266.14     254.08

65 - 80% Choice   3,532     63.8    697-1,060    901  241.88-257.75     253.50

35 - 65% Choice   3,513     63.9    737-950      879  249.49-256.62     252.92

 0 - 35% Choice   1,942     64.3    812-994      910  247.88-259.00     253.94

HEIFER

Over 80% Choice   2,376     64.7    737-936      842  252.00-260.90     255.61

65 - 80% Choice   3,206     64.5    718-948      816  250.17-260.96     255.76

35 - 65% Choice   3,878     64.2    708-868      787  251.17-256.95     254.03

 0 - 35% Choice     828     64.4    803-920      846  250.89-259.00     256.94

MIXED STEER/HEIFER

Over 80% Choice     327     62.8    728-996      844  252.58-261.59     258.61

65 - 80% Choice     242     63.2    769-925      888  249.59-253.34     251.79

35 - 65% Choice      74     62.2    804-822      813  248.02-251.70     249.91

 0 - 35% Choice     385     63.6    775-906      808  241.93-258.00     243.23

ALL STEERS & HEIFERS

                 22,379     64.1    697-1,060    860  241.88-266.14     254.14

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     218     62.3    724-871      800  249.24-251.57     250.82

35 - 65% Choice      74     60.2    797-825      811  244.85-246.33     245.59

 0 - 35% Choice      74     58.5    882-882      882  231.95-231.95     231.95

DAIRYBRED STEER/HEIFER

Over 80% Choice      40     61.0    821-925      889  253.50-257.80     255.01

65 - 80% Choice     354     61.9    811-899      882  249.52-252.06     250.01

35 - 65% Choice     231     62.4    762-933      807  244.29-252.42     246.40

 0 - 35% Choice      62     61.4    856-856      856  249.21-249.21     249.21





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     169     63.7  1,606-1,636   1,612 161.39-162.39     162.18

65 - 80% Choice      32     63.5  1,636-1,636   1,636 161.39-161.39     161.39

35 - 65% Choice     491     62.4  1,325-1,454   1,419 163.00-163.50     163.36

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     192     63.5  1,127-1,226   1,185 163.50-165.00     164.13

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      92     63.3  1,498-1,498   1,498 163.00-163.00     163.00

35 - 65% Choice     285     63.1  1,203-1,539   1,280 159.50-164.00     161.03

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,261     63.0  1,127-1,636   1,389 159.50-165.00     162.72

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     437     62.0  1,330-1,374   1,364 153.00-164.00     161.38

65 - 80% Choice     125     61.7  1,406-1,406   1,406 157.00-157.00     157.00

35 - 65% Choice      71     61.1  1,320-1,320   1,320 151.10-151.10     151.10

 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     254     61.5    842-965      900  252.00-257.84     255.19

65 - 80% Choice      36     64.5    873-873      873  238.05-238.05     238.05

35 - 65% Choice                        -                    -

 0 - 35% Choice      88     64.8    948-948      948  252.00-252.00     252.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      40     64.0    837-837      837  252.00-252.00     252.00

MIXED STEER/HEIFER

Over 80% Choice     228     63.6    733-901      831  246.00-256.22     253.14

65 - 80% Choice      42     62.3    697-834      776  248.76-249.39     249.03

35 - 65% Choice                        -                    -

 0 - 35% Choice      82     64.1    783-783      783  244.08-244.08     244.08

ALL STEERS & HEIFERS

                    770     63.1    697-965      861  238.05-257.84     251.73

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      68     64.2    799-799      799  248.97-248.97     248.97

 0 - 35% Choice      72     58.0    900-900      900  238.67-238.67     238.67

DAIRYBRED STEER/HEIFER

Over 80% Choice      46     61.0    905-906      905  238.94-246.00     240.78

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      45     60.6    842-842      842  242.23-242.23     242.23





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.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     133     63.8  1,435-1,435   1,435 160.82-160.82     160.82

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





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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