Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, May 23, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 05/22/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   16,985    188,921      15,713      177,320      14,924      194,076

Live:       3,030     24,731       4,993       25,412       5,171       30,941

Total:     20,015    213,652      20,706      202,732      20,095      225,017



NEGOTIATED GRID NET:

Dressed:    1,648     13,764         633       12,359       2,864       21,200

Live:           0      2,767          72        2,576         892        4,216

Total:      1,648     16,531         705       14,935       3,756       25,416





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,761     63.4    737-941      868  221.52-241.91     232.50

65 - 80% Choice   1,563     63.9    639-940      823  220.04-233.68     229.42

35 - 65% Choice   5,242     64.0    629-910      843  215.71-234.01     228.04

 0 - 35% Choice     662     62.9    638-882      785  214.60-231.47     221.28

HEIFER

Over 80% Choice     585     63.8    673-833      758  227.09-245.22     232.87

65 - 80% Choice   1,556     64.0    700-876      771  224.80-235.74     229.93

35 - 65% Choice   2,209     63.6    676-823      737  220.67-230.47     225.63

 0 - 35% Choice     203     62.2    783-841      816  228.44-234.00     231.59

MIXED STEER/HEIFER

Over 80% Choice     380     62.4    745-821      782  228.99-239.27     233.73

65 - 80% Choice     279     62.4    636-849      728  220.17-235.83     226.83

35 - 65% Choice      15     63.1    723-723      723  234.10-234.10     234.10

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 14,455     63.7    629-941      809  214.60-245.22     228.63

MIXED STEER/HEIFER/COW

Over 80% Choice     265     63.8    750-784      775  227.93-235.30     229.90

65 - 80% Choice      45     64.1    716-716      716  234.00-234.00     234.00

35 - 65% Choice     447     64.4    704-836      767  221.67-226.51     224.90

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     553     61.3    754-934      823  224.00-236.57     231.61

65 - 80% Choice     416     61.5    820-889      859  221.36-226.13     223.56

35 - 65% Choice     688     61.7    729-893      855  215.16-223.68     220.55

 0 - 35% Choice     116     59.3    804-804      804  224.00-224.00     224.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     337     63.3  1,139-1,336   1,265 142.90-146.00     144.01

65 - 80% Choice     125     62.7  1,339-1,450   1,369 146.00-147.22     146.89

35 - 65% Choice     885     64.1  1,163-1,351   1,222 142.42-147.22     144.41

 0 - 35% Choice     322     63.1  1,298-1,310   1,302 143.33-146.00     145.07

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     222     64.3  1,070-1,176   1,137 145.00-146.00     145.64

35 - 65% Choice     390     63.0  1,125-1,287   1,225 146.00-147.75     147.08

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      42     61.0  1,339-1,339   1,339 155.75-155.75     155.75

65 - 80% Choice                        -                    -

35 - 65% Choice     532     63.8  1,210-1,322   1,253 142.10-146.00     143.61

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,855     63.6  1,070-1,450   1,244 142.10-155.75     145.02

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      36     61.0  1,255-1,255   1,255 137.44-137.44     137.44

65 - 80% Choice     106     60.4  1,352-1,352   1,352 137.94-137.94     137.94

35 - 65% Choice      33     60.9  1,318-1,318   1,318 135.00-135.00     135.00

 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     122     62.9    745-827      799  235.64-244.29     238.62

65 - 80% Choice     200     63.8    732-732      732  226.17-226.17     226.17

35 - 65% Choice     249     62.0    745-937      791  214.23-224.57     223.08

 0 - 35% Choice      11     62.0    813-813      813  209.22-209.22     209.22

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     125     62.0    854-949      919  211.27-213.63     212.46

MIXED STEER/HEIFER

Over 80% Choice      40     63.2    778-778      778  238.47-238.47     238.47

65 - 80% Choice     155     62.0    712-824      777  230.64-243.41     237.03

35 - 65% Choice      47     62.5    760-769      766  226.85-232.41     228.98

 0 - 35% Choice      21     62.0    842-842      842  212.69-212.69     212.69

ALL STEERS & HEIFERS

                    970     62.5    712-949      794  209.22-244.29     227.07

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     355     65.1    846-846      846  235.00-235.00     235.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     234     59.7    816-967      863  225.50-232.74     227.82

65 - 80% Choice      44     60.6    808-822      812  221.25-229.46     227.22

35 - 65% Choice      45     59.6    769-791      780  209.80-228.38     218.88

 0 - 35% Choice                        -                    -





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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