Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, May 22, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 05/21/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   23,645    154,093      28,669      148,452      42,535      167,393

Live:       2,272     20,965       3,048       17,596       3,170       23,420

Total:     25,917    175,058      31,717      166,048      45,705      190,813



NEGOTIATED GRID NET:

Dressed:    4,326     11,035       2,765       10,800       2,363       15,377

Live:         902      2,728         186        2,504         676        3,324

Total:      5,228     13,763       2,951       13,304       3,039       18,701





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,866     63.5    646-965      889  221.77-243.21     236.42

65 - 80% Choice   4,750     63.9    776-922      855  222.49-263.49     235.24

35 - 65% Choice   3,835     64.2    761-948      858  225.36-242.70     234.15

 0 - 35% Choice     358     64.6    794-795      795  225.15-225.45     225.32

HEIFER

Over 80% Choice   2,226     63.2    729-954      785  229.68-242.81     237.21

65 - 80% Choice   1,661     63.7    661-837      784  230.39-266.19     236.66

35 - 65% Choice     764     63.3    630-806      731  229.14-237.20     233.39

 0 - 35% Choice      64     65.0    796-796      796  228.01-228.01     228.01

MIXED STEER/HEIFER

Over 80% Choice     916     63.0    714-916      800  229.88-244.18     238.98

65 - 80% Choice   1,106     63.0    691-882      810  225.31-241.86     233.23

35 - 65% Choice     731     62.0    643-871      778  214.34-235.99     229.29

 0 - 35% Choice     158     62.1    628-795      716  216.01-233.41     225.89

ALL STEERS & HEIFERS

                 20,435     63.6    628-965      834  214.34-266.19     235.10

MIXED STEER/HEIFER/COW

Over 80% Choice     267     63.3    887-909      896  229.68-229.68     229.68

65 - 80% Choice     926     63.8    688-948      870  226.40-232.00     230.82

35 - 65% Choice     589     63.4    666-922      820  218.08-231.00     228.56

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     213     60.8    813-864      839  224.38-228.97     226.85

65 - 80% Choice     216     60.1    693-875      784  222.10-230.70     226.60

35 - 65% Choice     900     61.5    739-898      859  220.16-229.00     223.73

 0 - 35% Choice      99     61.7    809-809      809  220.16-220.16     220.16





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     880     62.6  1,263-1,557   1,395 142.90-156.90     148.49

65 - 80% Choice     199     62.2  1,302-1,351   1,341 146.50-148.87     148.39

35 - 65% Choice     162     61.9  1,250-1,371   1,337 145.00-153.00     150.78

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     146     62.2  1,213-1,213   1,213 146.50-146.50     146.50

65 - 80% Choice                        -                    -

35 - 65% Choice     474     62.9  1,152-1,234   1,177 145.50-147.00     145.95

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     336     65.1  1,255-1,267   1,256 146.00-146.87     146.10

35 - 65% Choice      75     62.8  1,172-1,172   1,172 151.90-151.90     151.90

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,272     62.9  1,152-1,557   1,301 142.90-156.90     147.75

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     800     62.9    717-896      821  235.54-241.74     239.24

65 - 80% Choice     887     61.9    719-868      825  233.32-238.60     237.50

35 - 65% Choice     387     62.8    810-921      867  233.84-238.03     237.21

 0 - 35% Choice      17     62.0    773-773      773  216.34-216.34     216.34

HEIFER

Over 80% Choice     220     62.6    737-812      753  238.91-241.21     239.71

65 - 80% Choice     132     63.7    753-824      775  234.81-237.37     236.59

35 - 65% Choice                        -                    -

 0 - 35% Choice      57     62.0    850-978      911  209.61-214.00     211.92

MIXED STEER/HEIFER

Over 80% Choice     489     62.9    785-825      813  238.63-243.99     239.55

65 - 80% Choice     123     62.0    764-887      812  233.52-236.00     234.44

35 - 65% Choice     293     64.3    761-859      812  227.85-234.58     230.60

 0 - 35% Choice     115     63.4    739-899      848  228.57-229.90     229.00

ALL STEERS & HEIFERS

                  3,520     62.7    717-978      821  209.61-243.99     236.78

MIXED STEER/HEIFER/COW

Over 80% Choice      42     64.4    864-864      864  234.78-234.78     234.78

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     321     60.1    791-889      825  217.93-231.48     226.26

65 - 80% Choice     231     59.8    797-861      831  216.81-230.00     225.16

35 - 65% Choice     136     60.4    832-832      832  220.00-220.00     220.00

 0 - 35% Choice      76     58.2    784-784      784  228.00-228.00     228.00





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      38     64.6  1,271-1,271   1,271 145.00-145.00     145.00

 0 - 35% Choice      41     64.7  1,256-1,256   1,256 144.00-144.00     144.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     127     63.8  1,128-1,207   1,181 146.00-146.00     146.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      90     64.0  1,189-1,208   1,198 143.25-144.50     143.83

35 - 65% Choice     152     63.4  1,146-1,515   1,228 140.68-144.00     142.99

 0 - 35% Choice     443     64.1  1,121-1,350   1,224 144.00-145.00     144.27

ALL STEERS & HEIFERS

                    891     64.0  1,121-1,515   1,219 140.68-146.00     144.27

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      11     60.5  1,221-1,221   1,221 133.77-133.77     133.77

 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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