Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, May 30, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 05/29/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   21,149    139,546      16,985      189,029      22,959      157,170

Live:       1,705     19,044       3,030       24,879       4,052       25,116

Total:     22,854    158,590      20,015      213,908      27,011      182,286



NEGOTIATED GRID NET:

Dressed:    1,225      7,740       1,625       13,782       1,516       15,987

Live:         321      1,687           0        2,767         692        3,029

Total:      1,546      9,427       1,625       16,549       2,208       19,016





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,464     64.4    785-934      877  228.41-261.18     241.32

65 - 80% Choice   3,244     63.6    736-955      849  224.87-263.42     234.95

35 - 65% Choice   5,569     63.9    773-942      857  220.38-262.33     229.06

 0 - 35% Choice     683     64.4    771-886      807  220.48-234.08     224.54

HEIFER

Over 80% Choice   2,165     63.4    683-845      787  230.07-266.17     239.71

65 - 80% Choice   1,418     63.9    702-829      749  227.15-234.08     231.04

35 - 65% Choice   2,117     64.2    668-855      744  224.42-230.45     228.99

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     361     62.3    720-879      796  229.48-235.85     233.27

65 - 80% Choice      59     62.1    736-741      738  229.68-235.44     233.49

35 - 65% Choice     393     63.5    678-842      780  221.71-231.42     226.63

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 18,473     63.9    668-955      824  220.38-266.17     233.00

MIXED STEER/HEIFER/COW

Over 80% Choice     444     63.7    750-878      811  226.24-232.05     231.32

65 - 80% Choice     650     62.8    741-927      820  219.90-231.92     229.29

35 - 65% Choice     357     62.3    736-863      788  221.36-229.00     224.37

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     468     61.1    748-880      817  216.86-230.78     226.57

65 - 80% Choice     381     60.8    737-846      794  215.94-224.23     220.64

35 - 65% Choice     376     60.0    656-834      779  203.70-226.00     218.17

 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                        -                    -

65 - 80% Choice      77     62.9  1,367-1,367   1,367 148.73-148.73     148.73

35 - 65% Choice   1,039     63.4  1,285-1,416   1,366 144.00-148.76     145.31

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     175     62.6  1,249-1,266   1,258 148.73-148.77     148.75

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     232     62.9  1,127-1,251   1,207 144.81-160.57     150.91

65 - 80% Choice      42     61.1  1,004-1,004   1,004 168.09-168.09     168.09

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,565     63.2  1,004-1,416   1,321 144.00-168.09     147.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     140     59.7  1,331-1,331   1,331 134.00-134.00     134.00

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      40     61.3    774-774      774  239.36-239.36     239.36

65 - 80% Choice     144     62.5    843-934      854  237.17-237.23     237.18

35 - 65% Choice      60     62.3    807-852      822  236.93-236.94     236.94

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      50     64.1    809-809      809  232.97-232.97     232.97

65 - 80% Choice     200     63.1    801-801      801  230.00-230.00     230.00

35 - 65% Choice      32     64.4    874-874      874  230.83-230.83     230.83

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     221     63.9    768-768      768  229.78-229.78     229.78

65 - 80% Choice                        -                    -

35 - 65% Choice     129     61.9    715-821      783  230.62-237.90     235.30

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    876     63.0    715-934      802  229.78-239.36     233.01

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     297     60.1    784-944      843  220.57-228.15     224.55

65 - 80% Choice      35     60.6    846-846      846  227.37-227.37     227.37

35 - 65% Choice      17     55.2    768-768      768  215.66-215.66     215.66

 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      36     63.5  1,402-1,402   1,402 147.00-147.00     147.00

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      84     64.4  1,234-1,234   1,234 149.00-149.00     149.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    120     64.1  1,234-1,402   1,284 147.00-149.00     148.40

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     102     60.4  1,361-1,361   1,361 134.00-134.00     134.00

65 - 80% Choice                        -                    -

35 - 65% Choice      99     58.9  1,401-1,401   1,401 134.00-134.00     134.00

 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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