Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Fri, Oct 24, 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:   18,178    170,446      13,817      168,350      14,571      181,399

Live:       2,465     26,265       2,154       23,025       1,663       37,846

Total:     20,643    196,711      15,971      191,375      16,234      219,245



NEGOTIATED GRID NET:

Dressed:      658     10,203         858        9,032       1,795       21,849

Live:           0        335          45          290           0        3,092

Total:        658     10,538         903        9,322       1,795       24,941





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,249     63.6    767-1,053    953  253.84-277.43     259.37

65 - 80% Choice   1,469     64.7    762-985      906  255.93-262.50     258.77

35 - 65% Choice   3,776     64.5    670-996      847  247.62-261.81     256.61

 0 - 35% Choice   1,440     63.9    760-1,022    873  247.29-262.51     254.16

HEIFER

Over 80% Choice     706     64.6    726-878      834  260.13-267.25     262.13

65 - 80% Choice   1,989     64.0    679-875      816  254.07-263.66     259.48

35 - 65% Choice   1,900     64.4    679-929      776  249.91-262.82     257.17

 0 - 35% Choice     611     65.0    664-889      840  253.20-263.02     260.71

MIXED STEER/HEIFER

Over 80% Choice     610     64.0    639-899      830  258.03-266.88     263.12

65 - 80% Choice     258     61.9    734-958      801  253.47-263.90     261.24

35 - 65% Choice     104     63.3    716-866      782  246.80-261.19     254.22

 0 - 35% Choice     374     63.9    920-942      927  258.60-265.00     260.74

ALL STEERS & HEIFERS

                 14,486     64.2    639-1,053    850  246.80-277.43     258.18

MIXED STEER/HEIFER/COW

Over 80% Choice      78     63.4    828-857      843  262.25-268.68     265.55

65 - 80% Choice     293     64.0    690-864      760  253.68-261.27     258.20

35 - 65% Choice     297     62.9    722-848      809  247.00-258.24     254.99

 0 - 35% Choice      54     66.0    730-730      730  254.34-254.34     254.34

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,216     61.6    734-905      831  247.20-256.30     254.09

65 - 80% Choice   1,246     61.8    752-897      818  247.72-256.59     251.83

35 - 65% Choice     341     62.1    773-870      857  241.81-253.76     251.79

 0 - 35% Choice     167     61.1    857-965      912  247.85-255.39     251.77





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     820     63.3  1,274-1,402   1,326 178.92-185.19     181.65

65 - 80% Choice      48     60.9  1,353-1,353   1,353 164.00-164.00     164.00

35 - 65% Choice     573     63.8  1,264-1,381   1,343 164.00-165.50     164.68

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     395     62.9  1,231-1,372   1,344 179.44-181.16     180.77

65 - 80% Choice                        -                    -

35 - 65% Choice      84     64.6  1,204-1,204   1,204 165.50-165.50     165.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,920     63.4  1,204-1,402   1,330 164.00-185.19     175.25

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     124     61.3  1,281-1,281   1,281 160.00-160.00     160.00

35 - 65% Choice     421     60.5  1,384-1,471   1,403 150.00-158.00     154.05

 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      33     62.6    808-808      808  250.37-250.37     250.37

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     463     62.8    716-887      822  257.00-265.58     260.02

65 - 80% Choice      78     63.4    806-899      853  250.78-251.06     250.92

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    574     62.8    716-899      825  250.37-265.58     258.23

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      28     61.9    810-810      810  246.49-246.49     246.49

 0 - 35% Choice      39     58.4  1,016-1,016   1,016 238.00-238.00     238.00

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      17     61.0    832-832      832  235.72-235.72     235.72

 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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