Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, May 21, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 05/20/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   19,391    115,144      22,822      106,506      16,776      107,904

Live:       5,254     15,762       4,562       11,593       3,563       15,485

Total:     24,645    130,906      27,384      118,099      20,339      123,389



NEGOTIATED GRID NET:

Dressed:    1,651      5,243       1,789        7,159       3,211       11,114

Live:           0      1,320       1,451        2,318         930        2,648

Total:      1,651      6,563       3,240        9,477       4,141       13,762





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,451     63.7    699-936      825  229.24-276.39     251.33

65 - 80% Choice   3,212     63.9    616-930      852  210.09-242.96     236.68

35 - 65% Choice   4,745     63.7    740-924      841  223.42-237.88     234.66

 0 - 35% Choice     790     63.5    610-883      814  217.95-237.20     229.83

HEIFER

Over 80% Choice   1,547     63.6    711-855      769  230.68-271.86     241.62

65 - 80% Choice     712     64.0    742-945      844  229.68-239.02     231.76

35 - 65% Choice     844     63.5    744-836      773  228.88-237.55     236.39

 0 - 35% Choice     146     62.7    718-718      718  234.55-234.55     234.55

MIXED STEER/HEIFER

Over 80% Choice   1,045     63.5    691-913      777  230.46-264.65     253.65

65 - 80% Choice     275     63.1    701-817      751  228.55-239.22     235.28

35 - 65% Choice      72     64.1    804-804      804  233.01-233.01     233.01

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 16,839     63.7    610-945      822  210.09-276.39     240.02

MIXED STEER/HEIFER/COW

Over 80% Choice     134     65.3    783-783      783  242.98-242.98     242.98

65 - 80% Choice      14     59.3    872-872      872  224.44-224.44     224.44

35 - 65% Choice      39     62.7    885-885      885  208.30-208.30     208.30

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     967     60.9    692-832      801  225.00-240.48     234.60

65 - 80% Choice     614     61.2    735-895      801  213.72-236.26     229.80

35 - 65% Choice     784     62.0    762-902      834  222.71-228.86     226.13

 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     955     62.8  1,119-1,491   1,294 137.65-169.22     155.72

65 - 80% Choice     991     63.0  1,129-1,462   1,406 146.00-164.48     149.49

35 - 65% Choice   1,658     62.8  1,153-1,632   1,333 144.87-164.08     147.16

 0 - 35% Choice      30     61.5  1,290-1,290   1,290 145.00-145.00     145.00

HEIFER

Over 80% Choice     164     62.2  1,117-1,201   1,145 146.50-164.70     158.60

65 - 80% Choice     526     63.8  1,084-1,277   1,200 146.00-168.60     149.90

35 - 65% Choice     275     64.5  1,185-1,242   1,200 146.00-147.50     147.10

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     221     62.4  1,300-1,459   1,344 147.50-148.00     147.64

65 - 80% Choice     182     62.3  1,329-1,329   1,329 149.36-149.36     149.36

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,002     63.0  1,084-1,632   1,313 137.65-169.22     150.01

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     252     59.8  1,395-1,395   1,395 134.74-134.74     134.74

65 - 80% Choice                        -                    -

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     555     63.8    799-917      856  235.28-246.25     242.59

65 - 80% Choice      41     64.6    876-876      876  241.85-241.85     241.85

35 - 65% Choice      88     62.5    693-828      805  226.16-233.28     227.37

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      31     62.0    728-728      728  246.02-246.02     246.02

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     238     63.2    784-895      826  234.58-245.89     241.20

65 - 80% Choice                        -                    -

35 - 65% Choice      32     62.0    806-806      806  230.91-230.91     230.91

 0 - 35% Choice     110     62.0    832-832      832  213.17-213.17     213.17

ALL STEERS & HEIFERS

                  1,095     63.3    693-917      839  213.17-246.25     237.84

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     523     60.0    750-912      861  222.66-232.05     227.85

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      33     59.6    874-874      874  228.00-228.00     228.00





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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