Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Thu, Oct 16, 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:   17,467    133,571      14,430      145,192      15,240       54,995

Live:       2,762     19,032       2,727       19,168       3,444        3,444

Total:     20,229    152,603      17,157      164,360      18,684       58,439



NEGOTIATED GRID NET:

Dressed:      521      7,357       1,214        7,923       1,683        5,123

Live:          30        245          38          647         453          453

Total:        551      7,602       1,252        8,570       2,136        5,576





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,317     63.0    790-1,044    959  256.45-266.77     259.82

65 - 80% Choice   2,243     64.2    804-1,071    906  252.66-265.30     257.42

35 - 65% Choice   2,805     64.6    817-938      899  251.70-259.59     256.55

 0 - 35% Choice   1,017     64.5    790-971      928  246.22-258.00     254.92

HEIFER

Over 80% Choice     932     63.3    754-898      809  249.48-273.25     262.14

65 - 80% Choice   1,710     63.8    740-860      796  255.67-264.35     260.88

35 - 65% Choice   1,872     64.4    710-837      779  253.66-262.81     258.98

 0 - 35% Choice     717     65.1    843-886      865  257.07-261.29     259.50

MIXED STEER/HEIFER

Over 80% Choice     174     62.7    771-921      872  254.90-263.74     259.03

65 - 80% Choice     417     63.4    686-888      829  251.32-263.03     259.34

35 - 65% Choice     525     62.6    694-977      861  246.23-262.62     256.57

 0 - 35% Choice     990     62.5    716-855      763  243.91-257.63     253.09

ALL STEERS & HEIFERS

                 14,719     64.0    686-1,071    860  243.91-273.25     258.05

MIXED STEER/HEIFER/COW

Over 80% Choice      81     64.3    801-804      802  255.00-263.43     259.16

65 - 80% Choice      96     65.6    819-819      819  262.96-262.96     262.96

35 - 65% Choice   1,098     64.0    707-804      746  245.42-259.25     257.28

 0 - 35% Choice     211     60.4    910-1,000    970  221.54-239.13     235.52

DAIRYBRED STEER/HEIFER

Over 80% Choice     239     61.9    811-902      873  256.04-258.13     256.60

65 - 80% Choice     328     61.1    842-899      873  248.80-258.78     254.12

35 - 65% Choice     695     61.7    794-898      856  250.18-255.31     252.78

 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     295     63.5  1,426-1,546   1,499 163.90-164.00     163.96

65 - 80% Choice     146     62.1  1,627-1,627   1,627 164.00-164.00     164.00

35 - 65% Choice     468     63.2  1,257-1,456   1,351 164.00-164.00     164.00

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      82     64.1  1,307-1,332   1,320 165.50-165.50     165.50

35 - 65% Choice     933     62.5  1,126-1,335   1,200 164.00-165.50     164.73

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     486     62.9  1,154-1,259   1,193 164.00-165.50     164.40

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,410     62.9  1,126-1,627   1,294 163.90-165.50     164.41

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      80     60.3  1,409-1,409   1,409 152.91-152.91     152.91

35 - 65% Choice     201     61.4  1,382-1,399   1,388 157.00-157.00     157.00

 0 - 35% Choice      71     61.5  1,323-1,323   1,323 157.00-157.00     157.00





NEGOTIATED GRID NET - DRESSED 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                        -                    -

 0 - 35% Choice      68     60.6    949-949      949  247.00-247.00     247.00

HEIFER

Over 80% Choice      27     63.3    850-850      850  250.67-250.67     250.67

65 - 80% Choice                        -                    -

35 - 65% Choice     117     62.4    841-841      841  241.01-241.01     241.01

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      64     61.5    791-791      791  253.94-253.94     253.94

65 - 80% Choice      85     63.7    755-779      768  240.47-254.46     246.39

35 - 65% Choice      19     62.9    751-751      751  247.32-247.32     247.32

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    380     62.3    751-949      832  240.47-254.46     246.47

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      43     62.3    757-757      757  237.00-237.00     237.00

 0 - 35% Choice      38     58.7    883-883      883  239.40-239.40     239.40

DAIRYBRED STEER/HEIFER

Over 80% Choice      27     58.6    731-834      773  247.18-254.24     250.06

65 - 80% Choice                        -                    -

35 - 65% Choice      33     60.5    890-890      890  247.24-247.24     247.24

 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.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      30     62.5  1,320-1,320   1,320 155.92-155.92     155.92

 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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