Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jun 03, 2014    USDA Market News



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

For Primarily Monday Afternoon, 06/02/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   36,652     71,912           0            0      40,220       81,874

Live:       3,763      5,620           0            0       4,869        6,691

Total:     40,415     77,532           0            0      45,089       88,565



NEGOTIATED GRID NET:

Dressed:    2,343      4,284           0            0       1,971        4,648

Live:       1,082      1,929           0            0         540          540

Total:      3,425      6,213           0            0       2,511        5,188





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,437     63.7    719-941      845  222.59-259.90     237.15

65 - 80% Choice   6,746     64.0    759-943      850  221.39-237.35     230.62

35 - 65% Choice  10,611     64.3    726-953      848  215.59-239.71     228.49

 0 - 35% Choice     580     64.9    698-880      792  218.99-230.39     222.82

HEIFER

Over 80% Choice   3,941     63.6    697-913      793  219.69-260.09     233.11

65 - 80% Choice   3,546     63.6    688-851      763  223.09-233.21     230.55

35 - 65% Choice   1,736     64.1    647-848      775  222.92-233.21     228.75

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,309     63.4    737-887      806  219.95-249.92     233.62

65 - 80% Choice     763     63.0    705-823      794  223.01-234.69     230.24

35 - 65% Choice      58     62.9    732-830      766  216.13-232.34     225.25

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 32,727     64.0    647-953      824  215.59-260.09     230.77

MIXED STEER/HEIFER/COW

Over 80% Choice     346     64.2    749-828      819  232.26-238.62     237.90

65 - 80% Choice     960     63.5    674-883      750  221.66-235.73     228.28

35 - 65% Choice     302     63.4    742-842      782  221.80-234.62     229.40

 0 - 35% Choice      99     64.2    727-727      727  223.10-223.10     223.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     376     61.4    803-910      852  222.13-227.63     225.96

65 - 80% Choice     280     61.7    828-859      849  221.98-224.04     222.70

35 - 65% Choice   1,440     61.4    802-901      851  208.34-227.20     220.00

 0 - 35% Choice     122     61.6    878-878      878  225.59-225.59     225.59





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     556     62.9  1,194-1,295   1,242 144.46-159.00     152.63

65 - 80% Choice     382     63.5  1,317-1,396   1,390 144.50-147.09     146.88

35 - 65% Choice     890     62.3  1,129-1,541   1,364 143.00-145.07     144.42

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     289     62.7  1,015-1,247   1,069 145.00-145.00     145.00

65 - 80% Choice     502     63.9  1,100-1,258   1,163 143.50-145.00     144.37

35 - 65% Choice     456     62.9  1,203-1,321   1,266 143.00-145.00     144.31

 0 - 35% Choice     168     62.8  1,063-1,063   1,063 145.00-145.00     145.00

MIXED STEER/HEIFER

Over 80% Choice     520     62.7  1,193-1,236   1,212 154.80-158.74     156.52

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,763     62.9  1,015-1,541   1,253 143.00-159.00     147.60

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     494     64.0    746-907      821  233.99-239.10     236.91

65 - 80% Choice     308     65.0    754-857      769  221.36-232.90     223.01

35 - 65% Choice     125     62.9    765-843      815  221.43-235.64     230.30

 0 - 35% Choice      83     65.1    784-784      784  228.00-228.00     228.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     110     64.5    697-697      697  220.98-220.98     220.98

35 - 65% Choice      42     62.1    738-738      738  228.77-228.77     228.77

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     389     63.8    721-868      794  225.24-239.54     231.43

65 - 80% Choice     195     60.7    866-904      897  224.60-224.90     224.85

35 - 65% Choice     167     61.1    765-846      785  228.68-240.83     234.45

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,913     63.5    697-907      801  220.98-240.83     230.20

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     385     59.2    736-942      835  221.53-232.05     226.85

65 - 80% Choice      45     60.8    771-828      793  222.50-223.53     223.14

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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      42     64.1  1,100-1,100   1,100 140.00-140.00     140.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      85     62.5  1,128-1,128   1,128 142.00-142.00     142.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      71     63.8  1,164-1,164   1,164 145.00-145.00     145.00

35 - 65% Choice     452     63.8  1,136-1,299   1,206 142.00-146.00     143.01

 0 - 35% Choice      66     62.1  1,009-1,080   1,061 139.24-144.00     140.54

ALL STEERS & HEIFERS

                    716     63.5  1,009-1,299   1,173 139.24-146.00     142.69

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     366     61.8  1,402-1,450   1,415 132.45-135.54     134.68

35 - 65% Choice                        -                    -

 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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