Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, May 29, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 05/28/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   29,275     93,054      23,645      154,201      31,121      116,866

Live:       4,347     13,237       2,272       20,965       2,365       17,391

Total:     33,622    106,291      25,917      175,166      33,486      134,257



NEGOTIATED GRID NET:

Dressed:    1,987      5,273       4,326       11,076       3,424       10,998

Live:          41      1,366         902        2,728         314        1,712

Total:      2,028      6,639       5,228       13,804       3,738       12,710





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,013     63.7    727-923      849  226.22-273.84     240.61

65 - 80% Choice   5,600     64.0    686-937      858  224.93-273.84     235.58

35 - 65% Choice   5,565     64.0    683-929      850  222.12-237.00     231.05

 0 - 35% Choice     549     63.9    829-897      869  229.92-234.08     232.44

HEIFER

Over 80% Choice   3,034     63.8    661-874      790  227.55-239.31     234.40

65 - 80% Choice   3,717     64.1    632-830      750  225.84-238.59     232.48

35 - 65% Choice   1,868     63.9    678-895      768  224.56-236.00     231.37

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     905     63.2    708-900      797  230.66-240.85     234.42

65 - 80% Choice   1,020     64.0    751-841      787  221.41-234.08     232.97

35 - 65% Choice     454     62.8    684-891      811  220.53-234.08     228.44

 0 - 35% Choice      15     62.3    785-785      785  221.49-221.49     221.49

ALL STEERS & HEIFERS

                 27,740     63.9    632-937      822  220.53-273.84     234.43

MIXED STEER/HEIFER/COW

Over 80% Choice     136     64.5    812-812      812  234.00-234.00     234.00

65 - 80% Choice     168     64.3    732-732      732  228.20-228.20     228.20

35 - 65% Choice      76     58.1    745-745      745  219.16-219.16     219.16

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     454     60.1    765-915      842  221.63-228.04     223.86

65 - 80% Choice     199     61.6    780-851      807  220.70-228.53     224.58

35 - 65% Choice     449     61.5    789-827      810  216.78-223.11     220.60

 0 - 35% Choice      53     61.1    670-895      717  210.05-217.56     211.61





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     450     62.1  1,257-1,409   1,373 144.00-151.00     148.11

65 - 80% Choice   1,281     61.9  1,120-1,434   1,256 143.02-147.75     146.26

35 - 65% Choice     294     63.2  1,248-1,447   1,402 144.38-146.90     146.33

 0 - 35% Choice     181     62.7  1,343-1,382   1,356 144.00-146.71     145.83

HEIFER

Over 80% Choice     293     62.4  1,124-1,124   1,124 147.16-147.16     147.16

65 - 80% Choice     678     62.4  1,077-1,301   1,187 142.11-147.75     145.74

35 - 65% Choice   1,044     61.8  1,077-1,233   1,114 144.00-147.16     146.43

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  4,221     62.1  1,077-1,447   1,228 142.11-151.00     146.46

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      42     62.7  1,386-1,386   1,386 145.00-145.00     145.00

35 - 65% Choice      84     61.6  1,326-1,326   1,326 136.38-136.38     136.38

 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     499     63.6    771-897      856  230.40-241.52     236.30

65 - 80% Choice     349     61.6    821-821      821  237.87-237.87     237.87

35 - 65% Choice     245     65.3    734-734      734  223.23-223.23     223.23

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     177     63.9    807-807      807  234.20-234.20     234.20

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      13     58.9    800-800      800  219.67-219.67     219.67

MIXED STEER/HEIFER

Over 80% Choice     257     61.9    834-908      846  231.19-233.00     232.71

65 - 80% Choice      43     61.3    863-863      863  224.79-224.79     224.79

35 - 65% Choice      51     63.8    773-857      836  223.67-229.04     225.04

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,634     63.1    734-908      822  219.67-241.52     233.10

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     285     59.4    735-854      814  221.99-229.10     225.45

65 - 80% Choice      68     58.6    731-798      764  213.46-216.84     215.10

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

Over 80% Choice                        -                    -

65 - 80% Choice      41     62.9  1,284-1,284   1,284 147.00-147.00     147.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                     41     62.9  1,284-1,284   1,284 147.00-147.00     147.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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