Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jun 19, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 06/18/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   24,812    135,362      19,749      136,509      21,265      180,716

Live:       1,612     14,497       1,395       18,124       4,380       26,163

Total:     26,424    149,859      21,144      154,633      25,645      206,879



NEGOTIATED GRID NET:

Dressed:      712      7,138       2,193       13,024       3,363       17,296

Live:         597      1,545         105        1,696         599        2,069

Total:      1,309      8,683       2,298       14,720       3,962       19,365





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,498     63.7    642-920      848  224.24-267.95     247.48

65 - 80% Choice   3,701     64.1    733-949      878  220.14-269.65     236.31

35 - 65% Choice   5,072     63.8    717-918      869  221.83-240.07     231.19

 0 - 35% Choice   2,141     63.6    699-965      854  226.32-237.34     233.66

HEIFER

Over 80% Choice   3,311     63.6    660-845      776  228.19-271.00     235.81

65 - 80% Choice   2,413     63.8    697-929      775  225.04-258.80     232.89

35 - 65% Choice   1,824     64.2    686-849      777  224.32-233.88     231.77

 0 - 35% Choice     746     62.8    678-828      794  235.00-237.84     236.78

MIXED STEER/HEIFER

Over 80% Choice     167     63.5    790-933      857  233.23-247.63     240.33

65 - 80% Choice     289     62.9    687-886      769  222.64-235.57     230.16

35 - 65% Choice     291     62.3    679-866      748  212.09-234.64     225.46

 0 - 35% Choice     259     63.7    760-814      778  235.00-237.34     235.78

ALL STEERS & HEIFERS

                 21,712     63.8    642-965      828  212.09-271.00     234.60

MIXED STEER/HEIFER/COW

Over 80% Choice     449     63.5    713-886      819  229.55-239.45     235.53

65 - 80% Choice     351     63.2    719-907      817  227.82-235.41     233.55

35 - 65% Choice     206     63.1    753-790      766  229.97-231.52     230.98

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     373     60.3    700-888      803  222.73-231.11     226.36

65 - 80% Choice     558     61.2    752-886      841  222.34-235.66     224.52

35 - 65% Choice   1,163     61.4    724-910      847  221.50-235.50     225.67

 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     113     63.5  1,312-1,312   1,312 149.00-149.00     149.00

65 - 80% Choice     290     63.8  1,393-1,393   1,393 152.02-152.02     152.02

35 - 65% Choice     579     63.1  1,326-1,474   1,420 148.50-149.19     148.91

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     204     62.4  1,166-1,259   1,226 146.30-154.00     151.28

65 - 80% Choice      41     62.9  1,130-1,130   1,130 149.00-149.00     149.00

35 - 65% Choice     271     62.3  1,201-1,384   1,294 146.00-148.00     147.51

 0 - 35% Choice      72     64.2  1,240-1,240   1,240 148.05-148.05     148.05

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,570     63.1  1,130-1,474   1,345 146.00-154.00     149.52

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      42     61.0  1,407-1,407   1,407 138.59-138.59     138.59





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     129     61.1    724-830      793  221.28-238.54     232.02

65 - 80% Choice     200     64.4    792-895      889  224.27-234.67     234.10

35 - 65% Choice      23     62.0    767-767      767  232.68-232.68     232.68

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      30     62.3    857-857      857  239.37-239.37     239.37

65 - 80% Choice                        -                    -

35 - 65% Choice      16     64.3    757-757      757  227.00-227.00     227.00

 0 - 35% Choice     108     65.1    794-880      843  227.00-235.00     230.48

MIXED STEER/HEIFER

Over 80% Choice      40     63.3    778-778      778  236.29-236.29     236.29

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      82     63.4    806-814      810  228.00-235.00     231.67

ALL STEERS & HEIFERS

                    628     63.4    724-895      835  221.28-239.37     232.89

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      49     57.8    805-854      838  226.60-227.13     226.96

65 - 80% Choice                        -                    -

35 - 65% Choice      35     60.2    744-744      744  223.68-223.68     223.68

 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     145     63.5  1,173-1,383   1,288 142.00-144.00     143.01

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      46     64.8  1,076-1,076   1,076 144.00-144.00     144.00

35 - 65% Choice      61     62.2  1,218-1,399   1,280 143.00-143.50     143.17

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      43     65.0  1,094-1,094   1,094 143.00-143.00     143.00

35 - 65% Choice      81     63.0  1,150-1,230   1,188 139.17-144.00     141.44

 0 - 35% Choice      67     63.0  1,258-1,258   1,258 144.00-144.00     144.00

ALL STEERS & HEIFERS

                    443     63.4  1,076-1,399   1,223 139.17-144.00     143.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     120     60.9  1,496-1,496   1,496 139.58-139.58     139.58

65 - 80% Choice                        -                    -

35 - 65% Choice      34     61.3  1,428-1,428   1,428 136.00-136.00     136.00

 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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