Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Tue, Oct 28, 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:   14,775     60,826      18,018       65,875      16,930       61,521

Live:       2,015      7,147       2,671        9,623       2,563       10,524

Total:     16,790     67,973      20,689       75,498      19,493       72,045



NEGOTIATED GRID NET:

Dressed:    2,026      4,235         934        3,184       1,861        4,997

Live:           0        119           0            0         320        1,477

Total:      2,026      4,354         934        3,184       2,181        6,474





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,282     63.4    796-1,096    951  258.00-272.55     261.32

65 - 80% Choice   2,412     64.2    789-1,006    912  257.20-265.19     261.03

35 - 65% Choice   2,148     64.2    735-1,029    895  248.50-265.19     259.12

 0 - 35% Choice   1,806     64.6    784-944      894  251.38-265.00     258.39

HEIFER

Over 80% Choice   1,288     64.0    753-971      859  258.00-264.48     262.18

65 - 80% Choice   2,207     64.4    726-878      813  258.00-263.47     260.99

35 - 65% Choice   1,149     64.2    715-857      779  255.44-261.22     259.46

 0 - 35% Choice     718     64.5    816-853      845  257.65-259.92     258.19

MIXED STEER/HEIFER

Over 80% Choice     329     63.3    785-998      825  257.17-270.64     263.16

65 - 80% Choice     299     62.7    777-914      860  257.81-265.48     262.21

35 - 65% Choice      18     64.9    854-854      854  255.98-255.98     255.98

 0 - 35% Choice      43     63.1    743-743      743  248.34-248.34     248.34

ALL STEERS & HEIFERS

                 13,699     64.1    715-1,096    871  248.34-272.55     260.26

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     133     60.2    664-943      840  237.98-258.91     249.24

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     561     61.2    775-921      867  248.09-258.44     255.41

65 - 80% Choice     224     61.5    792-895      868  247.73-256.57     253.15

35 - 65% Choice      38     61.5    892-892      892  247.88-247.88     247.88

 0 - 35% Choice     120     60.4    782-818      796  249.00-252.00     250.18





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      98     64.8  1,610-1,610   1,610 165.50-165.50     165.50

65 - 80% Choice     455     64.4  1,374-1,403   1,380 165.50-166.00     165.90

35 - 65% Choice     546     63.3  1,328-1,463   1,411 165.50-165.50     165.50

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     253     63.9  1,249-1,255   1,252 165.50-169.36     168.40

65 - 80% Choice                        -                    -

35 - 65% Choice     274     63.6  1,196-1,202   1,200 164.70-165.50     165.28

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,626     63.8  1,196-1,610   1,354 164.70-169.36     166.02

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      41     62.3  1,442-1,442   1,442 149.84-149.84     149.84

65 - 80% Choice     162     62.3  1,295-1,386   1,364 155.96-158.00     157.41

35 - 65% Choice     186     61.5  1,288-1,288   1,288 161.00-161.00     161.00

 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     212     63.8    853-945      910  254.56-261.31     257.24

65 - 80% Choice                        -                    -

35 - 65% Choice     138     64.4    971-971      971  254.27-254.27     254.27

 0 - 35% Choice      96     64.0    918-918      918  254.98-254.98     254.98

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     223     63.9    943-943      943  251.57-251.57     251.57

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     537     63.3    728-955      808  249.67-272.75     257.90

65 - 80% Choice     229     62.8    740-912      827  253.76-258.00     256.96

35 - 65% Choice      93     62.3    789-842      835  242.13-253.18     243.67

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,528     63.5    728-971      868  242.13-272.75     255.37

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.0    786-786      786  251.50-251.50     251.50

65 - 80% Choice      83     63.6    924-924      924  258.00-258.00     258.00

35 - 65% Choice                        -                    -

 0 - 35% Choice     195     59.4    856-988      956  239.81-240.76     240.41

DAIRYBRED STEER/HEIFER

Over 80% Choice     155     62.7    792-861      855  244.16-248.33     244.56

65 - 80% Choice                        -                    -

35 - 65% Choice      23     61.0    773-773      773  243.41-243.41     243.41

 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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