Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jun 11, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 06/10/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,366    100,474      28,025      119,695      30,157      118,543

Live:       4,066     13,854       8,647       16,798       4,922       18,930

Total:     22,432    114,328      36,672      136,493      35,079      137,473



NEGOTIATED GRID NET:

Dressed:    2,681      9,178       3,050        8,625       2,353        9,843

Live:         825      1,319         972        2,901           0          939

Total:      3,506     10,497       4,022       11,526       2,353       10,782





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,629     64.6    722-941      832  225.57-259.35     238.20

65 - 80% Choice   4,179     64.3    663-946      875  216.53-232.36     228.29

35 - 65% Choice   1,739     64.3    783-963      857  222.03-232.36     226.75

 0 - 35% Choice   1,317     63.8    841-968      901  232.00-233.00     232.74

HEIFER

Over 80% Choice   2,607     64.2    716-884      793  223.58-263.06     231.87

65 - 80% Choice   3,024     64.0    700-872      775  226.28-234.14     228.96

35 - 65% Choice     343     64.7    753-815      784  226.81-230.04     228.60

 0 - 35% Choice     936     64.0    716-881      789  229.03-232.92     232.02

MIXED STEER/HEIFER

Over 80% Choice     506     63.4    704-848      792  226.63-249.32     234.86

65 - 80% Choice      99     63.5    766-769      766  226.64-235.39     234.24

35 - 65% Choice     216     64.4    733-809      755  224.25-231.58     227.54

 0 - 35% Choice     228     63.7    726-858      815  204.82-232.67     223.51

ALL STEERS & HEIFERS

                 17,823     64.2    663-968      828  204.82-263.06     230.92

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     207     62.5    771-776      772  225.51-227.07     226.73

35 - 65% Choice      42     60.9    797-797      797  231.00-231.00     231.00

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     155     61.7    793-928      898  222.00-224.65     222.60

65 - 80% Choice     124     61.6    778-851      830  219.18-223.75     222.42

35 - 65% Choice                        -                    -

 0 - 35% Choice      15     63.3    883-883      883  219.73-219.73     219.73





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     983     63.1  1,099-1,474   1,278 146.00-168.44     162.18

65 - 80% Choice     438     62.8  1,097-1,411   1,297 145.75-166.87     152.99

35 - 65% Choice     616     63.1  1,290-1,440   1,378 145.00-146.00     145.80

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      95     63.3  1,211-1,322   1,252 145.00-146.00     145.63

65 - 80% Choice   1,120     62.6  1,053-1,358   1,298 145.00-165.61     146.95

35 - 65% Choice     784     63.3  1,173-1,333   1,264 145.00-147.00     145.97

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      30     62.9  1,308-1,308   1,308 159.87-159.87     159.87

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  4,066     63.0  1,053-1,474   1,298 145.00-168.44     150.98

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      61     62.2    869-869      869  234.27-236.82     235.77

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     465     62.7    832-938      878  232.00-232.00     232.00

HEIFER

Over 80% Choice     134     64.1    706-706      706  233.95-233.95     233.95

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     353     64.1    753-911      859  207.86-225.00     220.84

MIXED STEER/HEIFER

Over 80% Choice      42     61.9    804-804      804  238.96-238.96     238.96

65 - 80% Choice      16     62.0    803-803      803  229.53-229.53     229.53

35 - 65% Choice     143     61.9    831-882      865  213.39-230.52     220.93

 0 - 35% Choice     389     64.2    798-869      819  214.65-227.00     224.42

ALL STEERS & HEIFERS

                  1,603     63.4    706-938      841  207.86-238.96     227.18

MIXED STEER/HEIFER/COW

Over 80% Choice      82     63.5    752-752      752  230.44-230.44     230.44

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     982     60.3    626-912      822  211.46-231.00     225.83

65 - 80% Choice      14     58.0    806-806      806  222.71-222.71     222.71

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

Over 80% Choice      25     63.6  1,216-1,216   1,216 144.00-144.00     144.00

65 - 80% Choice                        -                    -

35 - 65% Choice      90     63.8  1,089-1,089   1,089 143.00-143.00     143.00

 0 - 35% Choice      38     63.7  1,315-1,315   1,315 142.50-142.50     142.50

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     331     63.6    977-1,287   1,186 130.10-144.00     139.25

 0 - 35% Choice     247     62.6  1,108-1,471   1,287 130.36-143.55     139.69

ALL STEERS & HEIFERS

                    731     63.3    977-1,471   1,216 130.10-144.00     140.19

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      71     61.8  1,394-1,394   1,394 135.00-135.00     135.00

65 - 80% Choice      23     63.3  1,233-1,233   1,233 134.00-134.00     134.00

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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