Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, May 15, 2014    USDA Market News



NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -

For Primarily Wednesday Afternoon, 05/14/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   28,492    148,275      22,686      162,703      19,760      166,976

Live:       3,048     17,596       3,372       20,920       2,505       22,156

Total:     31,540    165,871      26,058      183,623      22,265      189,132



NEGOTIATED GRID NET:

Dressed:    2,765     10,800       1,278       12,473       1,253       16,077

Live:         186      2,593         173        2,678          79        2,776

Total:      2,951     13,393       1,451       15,151       1,332       18,853





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,713     63.2    722-939      867  229.92-260.88     238.91

65 - 80% Choice   5,699     63.6    767-963      871  227.86-268.06     238.15

35 - 65% Choice   6,989     64.1    779-914      847  220.34-249.30     235.61

 0 - 35% Choice   1,072     64.3    722-888      796  223.15-235.56     229.87

HEIFER

Over 80% Choice   2,520     63.1    694-860      777  234.02-269.70     240.42

65 - 80% Choice   1,689     63.3    715-911      773  222.10-241.05     234.93

35 - 65% Choice   1,192     64.0    651-799      743  224.50-236.57     232.34

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,118     62.8    670-845      769  230.05-244.77     237.98

65 - 80% Choice     670     63.2    644-875      789  231.09-238.00     235.15

35 - 65% Choice     566     61.2    640-843      757  229.56-238.35     236.69

 0 - 35% Choice      37     61.4    597-705      670  224.81-233.14     227.51

ALL STEERS & HEIFERS

                 25,265     63.6    597-963      829  220.34-269.70     236.81

MIXED STEER/HEIFER/COW

Over 80% Choice   1,161     63.0    738-889      868  233.78-240.00     236.75

65 - 80% Choice     657     65.3    764-945      862  232.08-239.05     234.24

35 - 65% Choice     185     65.6    916-926      922  232.78-232.78     232.78

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     375     61.4    747-890      834  225.51-231.82     227.64

65 - 80% Choice     359     60.7    768-865      816  217.86-227.98     223.02

35 - 65% Choice     407     61.7    705-876      836  221.58-225.92     223.63

 0 - 35% Choice      83     59.5    705-705      705  230.00-230.00     230.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     454     63.7  1,409-1,510   1,459 149.61-157.05     152.89

65 - 80% Choice     364     64.2  1,398-1,398   1,398 150.96-150.96     150.96

35 - 65% Choice   1,235     62.9  1,197-1,333   1,312 145.25-148.00     146.72

 0 - 35% Choice      52     63.3  1,385-1,385   1,385 147.00-147.00     147.00

HEIFER

Over 80% Choice      35     63.7  1,337-1,337   1,337 145.00-145.00     145.00

65 - 80% Choice     128     63.7  1,178-1,276   1,226 146.75-147.00     146.88

35 - 65% Choice     534     63.5  1,055-1,180   1,126 147.00-171.96     149.13

 0 - 35% Choice      24     64.9  1,083-1,083   1,083 147.00-147.00     147.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     148     63.9  1,476-1,476   1,476 149.76-149.76     149.76

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,974     63.4  1,055-1,510   1,316 145.00-171.96     148.76

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      74     60.2  1,280-1,280   1,280 139.16-139.16     139.16

 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     404     63.7    799-901      857  238.63-241.96     240.16

65 - 80% Choice      83     64.3    780-780      780  228.91-228.91     228.91

35 - 65% Choice      94     61.7    738-772      755  232.99-238.52     235.70

 0 - 35% Choice      56     62.0    843-843      843  217.90-217.90     217.90

HEIFER

Over 80% Choice     396     62.7    776-829      785  240.17-246.08     240.74

65 - 80% Choice     326     63.9    728-728      728  238.66-238.66     238.66

35 - 65% Choice      49     60.7    631-631      631  231.79-231.79     231.79

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     318     62.1    789-860      824  235.00-240.80     236.61

65 - 80% Choice     477     61.7    757-861      797  230.31-238.50     236.26

35 - 65% Choice      42     64.4    803-803      803  226.39-226.39     226.39

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,245     62.8    631-901      795  217.90-246.08     237.11

MIXED STEER/HEIFER/COW

Over 80% Choice      20     61.6    771-771      771  236.00-236.00     236.00

65 - 80% Choice      21     66.2    901-901      901  233.46-233.46     233.46

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     430     60.7    786-924      853  224.46-233.00     228.08

65 - 80% Choice                        -                    -

35 - 65% Choice      18     57.1    759-759      759  211.51-211.51     211.51

 0 - 35% Choice      31     57.6    867-867      867  203.11-203.11     203.11





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.

ALL LIVE STEERS AND HEIFERS

                                        -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      38     60.9  1,329-1,329   1,329 134.00-134.00     134.00

65 - 80% Choice                        -                    -

35 - 65% Choice     148     60.9  1,303-1,303   1,303 134.83-134.83     134.83

 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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