Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jun 12, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 06/11/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   19,749    136,509      17,455      162,427      25,200      168,492

Live:       1,395     18,208       4,467       24,114       2,489       28,360

Total:     21,144    154,717      21,922      186,541      27,689      196,852



NEGOTIATED GRID NET:

Dressed:    2,166     12,672       1,722       12,396       1,741       14,960

Live:         105      1,553           0        3,226       1,705        2,727

Total:      2,271     14,225       1,722       15,622       3,446       17,687





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,897     63.9    753-935      875  225.51-262.45     234.76

65 - 80% Choice   3,372     64.4    786-952      874  229.16-235.47     231.54

35 - 65% Choice   3,738     64.2    819-900      864  228.16-232.37     229.88

 0 - 35% Choice   1,613     64.0    769-920      867  228.97-233.14     231.72

HEIFER

Over 80% Choice   1,467     63.8    698-875      787  229.06-266.52     233.31

65 - 80% Choice   1,486     64.6    638-861      779  228.30-258.51     232.18

35 - 65% Choice   1,387     64.2    722-843      768  214.04-234.00     230.51

 0 - 35% Choice     763     62.9    782-829      809  232.00-233.17     232.72

MIXED STEER/HEIFER

Over 80% Choice     526     62.9    634-954      775  226.40-254.18     239.70

65 - 80% Choice     375     63.5    801-852      816  226.50-233.82     231.89

35 - 65% Choice     334     63.1    625-864      782  213.11-249.29     229.70

 0 - 35% Choice     242     63.7    773-859      823  232.00-232.00     232.00

ALL STEERS & HEIFERS

                 17,200     64.0    625-954      837  213.11-266.52     231.95

MIXED STEER/HEIFER/COW

Over 80% Choice     171     63.0    779-821      810  227.80-229.39     228.99

65 - 80% Choice     205     61.8    717-938      787  219.77-235.07     231.00

35 - 65% Choice     102     62.8    896-896      896  212.28-212.28     212.28

 0 - 35% Choice      82     58.8    816-820      818  205.40-210.74     208.40

DAIRYBRED STEER/HEIFER

Over 80% Choice     374     62.1    740-889      827  221.45-224.51     222.47

65 - 80% Choice     564     62.2    766-906      856  216.78-224.93     221.71

35 - 65% Choice   1,051     62.7    810-883      849  219.65-223.93     222.32

 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     626     62.8  1,326-1,474   1,383 142.13-147.90     145.45

65 - 80% Choice     289     64.0  1,341-1,418   1,390 146.00-146.84     146.53

35 - 65% Choice     228     62.5  1,365-1,365   1,365 145.50-145.50     145.50

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      90     62.3  1,144-1,144   1,144 150.00-150.00     150.00

65 - 80% Choice      39     62.4  1,197-1,197   1,197 144.50-144.50     144.50

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      83     62.5  1,073-1,242   1,154 146.25-162.12     154.47

65 - 80% Choice      40     62.3  1,121-1,121   1,121 154.13-154.13     154.13

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,395     62.9  1,073-1,474   1,340 142.13-162.12     146.73

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     481     63.3    780-925      879  232.57-241.62     234.14

65 - 80% Choice     125     63.2    747-816      792  226.20-228.42     226.96

35 - 65% Choice      61     63.2    687-842      786  225.12-230.37     227.01

 0 - 35% Choice     191     63.1    890-905      893  232.00-232.00     232.00

HEIFER

Over 80% Choice      45     62.2    764-764      764  232.85-232.85     232.85

65 - 80% Choice      41     60.7    826-826      826  227.29-227.29     227.29

35 - 65% Choice                        -                    -

 0 - 35% Choice     140     61.0    716-796      766  232.00-232.00     232.00

MIXED STEER/HEIFER

Over 80% Choice      41     60.6    752-752      752  234.29-234.29     234.29

65 - 80% Choice     264     64.7    790-790      790  223.70-223.70     223.70

35 - 65% Choice     105     63.4    787-837      822  224.62-224.63     224.62

 0 - 35% Choice     245     63.4    835-883      865  232.00-232.00     232.00

ALL STEERS & HEIFERS

                  1,739     63.2    687-925      836  223.70-241.62     230.31

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     120     60.6    826-851      834  216.90-226.96     223.61

 0 - 35% Choice      83     58.7    864-920      894  208.69-212.87     210.96

DAIRYBRED STEER/HEIFER

Over 80% Choice     188     60.2    790-911      837  224.83-228.15     226.37

65 - 80% Choice                        -                    -

35 - 65% Choice      36     56.1    716-716      716  211.37-211.37     211.37

 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

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     105     61.6  1,414-1,414   1,414 134.95-134.95     134.95

 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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