Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, May 16, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 05/15/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   15,713    177,143      16,063      193,910       7,354      188,952

Live:       4,967     25,386       6,547       30,082       4,364       28,816

Total:     20,680    202,529      22,610      223,992      11,718      217,768



NEGOTIATED GRID NET:

Dressed:      597     12,323       1,315       15,225       1,294       20,921

Live:          72      2,665         378        3,056         273        3,605

Total:        669     14,988       1,693       18,281       1,567       24,526





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     397     65.1    784-912      866  236.87-258.78     240.47

65 - 80% Choice   2,609     64.5    759-956      857  228.12-238.26     233.98

35 - 65% Choice   4,503     64.2    762-938      851  224.49-237.88     231.47

 0 - 35% Choice     441     64.6    791-862      827  223.77-229.92     226.31

HEIFER

Over 80% Choice     595     63.5    716-841      810  234.25-254.92     237.51

65 - 80% Choice   1,272     63.7    686-802      749  224.13-237.26     234.78

35 - 65% Choice   2,085     64.3    642-819      755  227.81-235.56     230.77

 0 - 35% Choice     551     60.6    717-757      734  216.52-228.35     222.74

MIXED STEER/HEIFER

Over 80% Choice      80     63.5    826-826      826  239.91-239.91     239.91

65 - 80% Choice     237     63.0    736-930      780  223.72-236.85     234.92

35 - 65% Choice     549     62.6    705-884      809  207.08-238.00     232.17

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 13,319     64.0    642-956      817  207.08-258.78     232.32

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     132     64.1    708-708      708  231.99-231.99     231.99

35 - 65% Choice      25     61.6    782-782      782  228.72-228.72     228.72

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     425     61.0    726-911      856  224.40-229.52     226.07

65 - 80% Choice     393     62.0    781-890      844  218.00-228.46     223.99

35 - 65% Choice   1,419     61.4    740-886      841  221.80-227.84     225.12

 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     312     62.4  1,446-1,446   1,446 150.95-150.95     150.95

65 - 80% Choice     830     63.5  1,389-1,463   1,446 146.21-150.96     149.23

35 - 65% Choice   1,550     63.2  1,116-1,410   1,251 142.96-147.25     145.10

 0 - 35% Choice     163     63.3  1,254-1,389   1,316 143.21-147.50     145.18

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     583     63.2  1,102-1,289   1,216 143.24-149.75     146.77

35 - 65% Choice   1,040     63.8  1,137-1,342   1,206 143.04-147.50     145.61

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     62.0  1,270-1,270   1,270 157.43-157.43     157.43

65 - 80% Choice      80     62.7  1,205-1,205   1,205 146.00-146.00     146.00

35 - 65% Choice     269     61.3  1,100-1,378   1,178 145.25-163.00     159.77

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  4,862     63.2  1,100-1,463   1,280 142.96-163.00     147.41

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     105     62.2  1,315-1,315   1,315 139.16-139.16     139.16

35 - 65% Choice                        -                    -

 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                        -                    -

65 - 80% Choice      91     62.9    769-885      834  235.11-240.07     238.83

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      32     63.3    862-862      862  235.77-235.77     235.77

65 - 80% Choice      44     64.6    826-826      826  237.35-237.35     237.35

35 - 65% Choice                        -                    -

 0 - 35% Choice      65     62.0    864-898      881  213.30-213.64     213.47

MIXED STEER/HEIFER

Over 80% Choice      85     61.9    686-822      759  240.07-246.09     243.62

65 - 80% Choice      39     61.4    744-744      744  230.23-230.23     230.23

35 - 65% Choice      33     62.1    800-826      810  224.25-231.97     229.16

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    389     62.6    686-898      816  213.30-246.09     233.54

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     118     58.8    751-846      796  226.23-228.19     227.52

65 - 80% Choice      90     59.7    819-848      826  223.01-226.15     224.78

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

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      72     61.8  1,360-1,360   1,360 137.17-137.17     137.17

 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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