Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108

St. Joseph, MO    Wed, Oct 29, 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:   11,333     83,570       8,178       96,437      13,557      103,659

Live:         718     10,793       2,971       15,450       1,421       18,611

Total:     12,051     94,363      11,149      111,887      14,978      122,270



NEGOTIATED GRID NET:

Dressed:    1,201      7,315       1,595        5,961       2,293        9,498

Live:         783      1,066          46          135          34        2,679

Total:      1,984      8,381       1,641        6,096       2,327       12,177





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     908     63.7    829-1,052   1,001 254.31-284.79     260.66

65 - 80% Choice   1,086     64.1    787-1,049    964  255.25-269.71     259.98

35 - 65% Choice     870     63.9    691-973      907  255.16-270.22     259.44

 0 - 35% Choice   1,947     63.9    837-968      937  256.00-285.44     274.21

HEIFER

Over 80% Choice     397     63.5    794-837      814  260.44-267.16     262.37

65 - 80% Choice   1,341     64.2    763-901      803  254.87-262.81     261.00

35 - 65% Choice     530     64.6    770-852      794  257.36-265.19     259.68

 0 - 35% Choice     250     63.9    877-877      877  285.91-285.91     285.91

MIXED STEER/HEIFER

Over 80% Choice     853     63.3    783-955      866  258.00-269.50     263.14

65 - 80% Choice     318     62.8    734-936      859  243.63-267.05     260.68

35 - 65% Choice     212     62.3    754-856      803  251.70-260.70     257.19

 0 - 35% Choice     617     62.2    725-892      806  257.14-265.80     261.03

ALL STEERS & HEIFERS

                  9,329     63.7    691-1,052    888  243.63-285.91     264.21

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     255     62.9    761-897      798  251.20-262.35     260.80

35 - 65% Choice     120     59.9    652-856      718  239.11-252.31     248.02

 0 - 35% Choice      38     61.0    814-814      814  251.69-251.69     251.69

DAIRYBRED STEER/HEIFER

Over 80% Choice     212     61.3    775-915      875  255.40-267.24     263.05

65 - 80% Choice     582     60.7    761-920      850  253.54-266.69     256.98

35 - 65% Choice     741     61.9    692-879      855  252.00-262.85     255.61

 0 - 35% Choice      56     60.7    787-787      787  247.74-247.74     247.74





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      36     64.1  1,338-1,338   1,338 192.43-192.43     192.43

65 - 80% Choice                        -                    -

35 - 65% Choice     236     63.8  1,286-1,466   1,368 165.50-171.50     169.48

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      86     64.3  1,337-1,487   1,388 164.50-165.50     165.16

35 - 65% Choice     215     64.2  1,167-1,241   1,214 169.80-169.80     169.80

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    573     64.0  1,167-1,487   1,311 164.50-192.43     170.39

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      43     59.8  1,456-1,456   1,456 159.70-159.70     159.70

65 - 80% Choice                        -                    -

35 - 65% Choice     102     60.7  1,270-1,353   1,312 158.80-158.80     158.80

 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      79     62.2    699-953      846  253.41-263.85     259.54

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     195     62.4    975-975      975  258.00-258.00     258.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     152     62.9    756-869      823  254.70-268.83     261.67

65 - 80% Choice      43     63.1    725-842      781  256.66-262.93     259.38

35 - 65% Choice      11     61.3    663-663      663  245.10-245.10     245.10

 0 - 35% Choice      76     63.5    849-939      893  244.73-257.00     250.70

ALL STEERS & HEIFERS

                    556     62.7    663-975      883  244.73-268.83     258.08

MIXED STEER/HEIFER/COW

Over 80% Choice      96     62.4    795-864      851  253.68-254.00     253.74

65 - 80% Choice      73     64.9    888-888      888  246.42-246.42     246.42

35 - 65% Choice      74     59.6    831-831      831  250.06-250.06     250.06

 0 - 35% Choice     179     59.3    879-969      950  238.94-241.68     241.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     153     61.1    799-1,049    928  252.53-254.49     253.85

65 - 80% Choice      70     60.9    801-811      806  251.34-253.00     252.17

35 - 65% Choice                        -                    -

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     178     63.0  1,099-1,113   1,106 164.00-164.00     164.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     516     62.2  1,082-1,309   1,216 165.00-165.50     165.09

 0 - 35% Choice      16     63.4  1,205-1,205   1,205 165.50-165.50     165.50

ALL STEERS & HEIFERS

                    710     62.4  1,082-1,309   1,188 164.00-165.50     164.83

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      73     61.4  1,291-1,291   1,291 156.00-156.00     156.00

 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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