Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jun 04, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 06/03/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   28,025    119,602      13,371       49,480      33,512      146,782

Live:       8,647     16,798       5,963        8,149       4,494       14,744

Total:     36,672    136,400      19,334       57,629      38,006      161,526



NEGOTIATED GRID NET:

Dressed:    2,884      8,415       1,187        2,158       4,147       12,610

Live:         972      2,901         719        1,283         374        1,483

Total:      3,856     11,316       1,906        3,441       4,521       14,093





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,746     63.7    726-939      799  229.23-272.13     238.23

65 - 80% Choice   3,858     64.5    656-928      863  223.35-234.20     229.86

35 - 65% Choice   8,903     63.6    711-903      823  221.25-233.07     229.33

 0 - 35% Choice     784     65.6    763-858      809  221.85-232.00     225.59

HEIFER

Over 80% Choice   1,450     63.7    685-803      749  228.67-264.43     237.40

65 - 80% Choice   1,811     64.0    709-791      750  229.98-234.92     231.64

35 - 65% Choice   2,116     63.8    682-825      742  227.23-230.81     229.97

 0 - 35% Choice      70     62.4    729-729      729  230.00-230.00     230.00

MIXED STEER/HEIFER

Over 80% Choice     126     63.1    780-796      788  231.27-255.70     242.20

65 - 80% Choice     220     64.4    743-919      832  227.80-237.62     230.93

35 - 65% Choice     119     64.5    793-838      823  227.34-230.06     228.23

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 24,203     63.9    656-939      807  221.25-272.13     231.83

MIXED STEER/HEIFER/COW

Over 80% Choice     430     63.6    691-808      787  218.70-236.58     233.85

65 - 80% Choice     512     64.2    701-802      735  223.35-231.76     227.32

35 - 65% Choice                        -                    -

 0 - 35% Choice      57     61.1    766-766      766  220.83-220.83     220.83

DAIRYBRED STEER/HEIFER

Over 80% Choice     507     61.8    800-832      811  213.33-225.62     220.86

65 - 80% Choice   1,394     61.1    695-881      818  219.37-226.09     222.66

35 - 65% Choice     922     61.2    749-865      814  218.18-224.00     221.70

 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     541     63.5  1,127-1,412   1,271 144.00-168.10     158.42

65 - 80% Choice     540     63.5  1,084-1,326   1,218 143.00-165.09     149.41

35 - 65% Choice   3,312     62.8  1,086-1,539   1,307 143.00-165.10     145.20

 0 - 35% Choice     422     63.1  1,163-1,323   1,298 142.00-145.21     144.76

HEIFER

Over 80% Choice     411     63.0  1,136-1,154   1,144 149.00-164.13     157.50

65 - 80% Choice   1,078     62.3  1,088-1,465   1,186 143.00-161.35     146.51

35 - 65% Choice   2,015     62.8  1,100-1,255   1,165 143.00-146.16     144.87

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     134     62.3  1,144-1,327   1,192 142.50-143.00     142.87

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  8,453     62.9  1,084-1,539   1,239 142.00-168.10     146.94

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     194     59.8  1,422-1,422   1,422 130.65-130.65     130.65

65 - 80% Choice                        -                    -

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     203     64.0    833-872      860  240.14-241.78     240.47

65 - 80% Choice     193     63.4    815-831      816  233.92-235.43     235.34

35 - 65% Choice     507     62.9    801-939      834  233.62-235.15     234.99

 0 - 35% Choice     188     63.4    780-830      820  228.00-234.43     229.23

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      35     62.0    787-787      787  230.38-230.38     230.38

35 - 65% Choice     300     65.0    717-784      763  233.00-233.00     233.00

 0 - 35% Choice      95     62.0    878-923      903  210.64-211.83     211.11

MIXED STEER/HEIFER

Over 80% Choice     120     62.5    725-786      755  232.00-240.92     235.36

65 - 80% Choice                        -                    -

35 - 65% Choice     315     62.9    602-846      780  209.03-231.97     222.95

 0 - 35% Choice     500     64.0    633-887      840  210.14-229.00     224.77

ALL STEERS & HEIFERS

                  2,456     63.5    602-939      817  209.03-241.78     230.19

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     289     59.6    779-972      897  215.91-229.00     225.22

65 - 80% Choice      11     58.2    766-766      766  214.34-214.34     214.34

35 - 65% Choice     128     53.4    792-834      822  209.47-210.08     209.64

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     141     65.4  1,073-1,073   1,073 144.00-144.00     144.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     196     64.1  1,162-1,326   1,221 140.87-143.00     142.06

 0 - 35% Choice     580     63.8  1,150-1,364   1,288 139.38-144.00     142.25

ALL STEERS & HEIFERS

                    917     64.1  1,073-1,364   1,241 139.38-144.00     142.48

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      55     61.5  1,270-1,360   1,296 134.00-136.00     134.58

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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