Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, May 20, 2014    USDA Market News



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

For Primarily Monday Afternoon, 05/19/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,603     60,373      29,836       60,092      30,223       67,393

Live:       6,382      8,926       5,413        6,863       6,600        8,887

Total:     24,985     69,299      35,249       66,955      36,823       76,280



NEGOTIATED GRID NET:

Dressed:    1,539      2,325       2,336        3,642       2,172        4,439

Live:       1,174      1,174         550          786         856          856

Total:      2,713      3,499       2,886        4,428       3,028        5,295





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,289     63.9    627-948      817  215.39-249.58     234.98

65 - 80% Choice   3,119     64.2    618-881      822  214.07-241.10     234.24

35 - 65% Choice   7,134     63.9    756-879      836  223.48-240.24     235.55

 0 - 35% Choice     504     64.0    780-850      793  228.13-237.20     232.80

HEIFER

Over 80% Choice     292     62.5    707-821      754  237.20-254.23     239.41

65 - 80% Choice   1,113     63.4    664-788      737  225.73-239.53     235.95

35 - 65% Choice     930     63.5    715-816      764  233.34-238.90     236.72

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     142     65.1    788-860      832  231.68-240.42     236.36

65 - 80% Choice     121     59.8    853-853      853  229.99-229.99     229.99

35 - 65% Choice     419     62.1    602-814      745  219.50-237.20     230.11

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 16,063     63.8    602-948      814  214.07-254.23     235.12

MIXED STEER/HEIFER/COW

Over 80% Choice      89     64.0    792-800      798  225.77-236.04     228.19

65 - 80% Choice     301     63.7    655-666      662  224.86-225.18     225.05

35 - 65% Choice     270     62.4    658-847      737  210.50-230.96     224.45

 0 - 35% Choice     450     59.7    689-1,057    922  196.87-229.31     207.56

DAIRYBRED STEER/HEIFER

Over 80% Choice     152     60.5    791-948      820  227.41-238.56     230.07

65 - 80% Choice     473     61.0    783-931      829  226.34-233.61     228.32

35 - 65% Choice     805     60.9    705-886      793  224.34-231.00     227.04

 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     853     63.1  1,119-1,321   1,237 147.00-161.43     155.03

65 - 80% Choice     272     62.7  1,296-1,436   1,378 146.00-147.50     146.76

35 - 65% Choice   2,252     63.8  1,096-1,497   1,293 142.50-147.50     146.25

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      72     63.4  1,297-1,297   1,297 146.50-146.50     146.50

65 - 80% Choice   1,442     63.3  1,150-1,353   1,247 145.50-150.87     148.15

35 - 65% Choice     908     62.9  1,127-1,350   1,237 145.00-147.00     146.27

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     356     61.5  1,212-1,423   1,307 149.50-162.41     153.82

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  6,155     63.3  1,096-1,497   1,271 142.50-162.41     148.38

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      71     58.5  1,268-1,277   1,272 137.66-137.66     137.66

65 - 80% Choice      82     61.7  1,311-1,311   1,311 138.00-138.00     138.00

35 - 65% Choice      74     60.5  1,292-1,292   1,292 133.00-133.00     133.00

 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     176     62.4    652-816      772  236.35-241.29     239.10

65 - 80% Choice      20     63.1    709-709      709  239.27-239.27     239.27

35 - 65% Choice                        -                    -

 0 - 35% Choice     154     65.6    831-831      831  231.00-231.00     231.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     155     62.8    718-892      790  212.89-230.00     222.94

MIXED STEER/HEIFER

Over 80% Choice      39     65.1    751-751      751  234.69-234.69     234.69

65 - 80% Choice      40     59.9    781-781      781  234.88-234.88     234.88

35 - 65% Choice                        -                    -

 0 - 35% Choice     599     64.6    746-899      818  211.90-230.00     225.84

ALL STEERS & HEIFERS

                  1,183     64.0    652-899      804  211.90-241.29     228.93

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     108     58.5    817-817      817  231.06-231.06     231.06

35 - 65% Choice                        -                    -

 0 - 35% Choice      38     59.1    912-912      912  220.08-220.08     220.08

DAIRYBRED STEER/HEIFER

Over 80% Choice     159     59.8    778-881      820  225.62-231.73     227.90

65 - 80% Choice      16     57.0    768-768      768  221.27-221.27     221.27

35 - 65% Choice      35     61.4    900-900      900  222.00-222.00     222.00

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      79     63.8  1,215-1,269   1,242 145.00-145.00     145.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     331     63.1  1,203-1,489   1,275 140.80-144.25     143.18

 0 - 35% Choice     570     63.7  1,086-1,299   1,198 142.30-145.00     143.52

ALL STEERS & HEIFERS

                    980     63.5  1,086-1,489   1,228 140.80-145.00     143.52

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      35     60.2  1,402-1,402   1,402 134.78-134.78     134.78

65 - 80% Choice                        -                    -

35 - 65% Choice     159     63.4  1,186-1,386   1,371 136.00-138.00     137.85

 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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