Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Jun 23, 2014    USDA Market News



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

For Primarily Friday Afternoon, 06/20/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,266    209,164      16,920      200,537      16,344      242,015

Live:       4,970     25,428       4,720       28,426       6,091       41,209

Total:     23,236    234,592      21,640      228,963      22,435      283,224



NEGOTIATED GRID NET:

Dressed:    1,219     13,445       3,419       22,095       3,621       28,862

Live:         355      2,496       1,278        3,700          35        3,469

Total:      1,574     15,941       4,697       25,795       3,656       32,331





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,613     64.1    805-947      905  233.04-256.06     238.47

65 - 80% Choice   2,789     64.1    825-939      886  229.50-242.65     236.06

35 - 65% Choice   4,706     64.2    836-938      877  226.99-240.24     234.10

 0 - 35% Choice   1,946     63.7    735-881      837  228.84-239.00     235.13

HEIFER

Over 80% Choice     600     64.0    734-895      787  235.57-240.81     237.70

65 - 80% Choice   1,019     63.4    738-802      768  233.40-238.14     236.41

35 - 65% Choice     805     65.0    707-804      774  230.98-239.21     236.22

 0 - 35% Choice     863     63.4    731-831      791  235.00-239.55     237.07

MIXED STEER/HEIFER

Over 80% Choice     180     63.0    762-863      812  235.81-261.94     251.06

65 - 80% Choice      67     63.7    741-962      801  233.00-235.05     233.74

35 - 65% Choice     239     63.4    787-860      827  230.02-235.88     232.52

 0 - 35% Choice     323     63.8    778-880      838  226.27-236.00     235.28

ALL STEERS & HEIFERS

                 16,150     64.0    707-962      856  226.27-261.94     236.00

MIXED STEER/HEIFER/COW

Over 80% Choice     241     63.4    832-832      832  243.55-243.55     243.55

65 - 80% Choice                        -                    -

35 - 65% Choice      73     65.5    774-774      774  226.74-226.74     226.74

 0 - 35% Choice     117     63.1    842-842      842  224.74-224.74     224.74

DAIRYBRED STEER/HEIFER

Over 80% Choice     163     59.8    819-840      830  231.21-232.94     232.09

65 - 80% Choice     472     61.6    803-870      839  226.69-232.57     229.30

35 - 65% Choice   1,050     60.6    750-867      821  217.34-230.61     227.74

 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     537     63.0  1,121-1,350   1,276 148.50-161.96     150.52

65 - 80% Choice     912     63.0  1,350-1,390   1,364 149.00-152.02     150.03

35 - 65% Choice   2,412     63.0  1,252-1,504   1,370 148.00-152.02     149.43

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     429     62.8  1,099-1,256   1,196 145.50-150.50     147.99

35 - 65% Choice     659     62.9  1,034-1,318   1,115 144.61-148.50     146.07

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      21     64.1  1,276-1,276   1,276 150.00-150.00     150.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  4,970     63.0  1,034-1,504   1,310 144.61-161.96     149.09

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      62     63.5    637-850      761  234.88-237.31     236.06

65 - 80% Choice                        -                    -

35 - 65% Choice      16     60.1    732-732      732  226.33-226.33     226.33

 0 - 35% Choice     356     62.8    818-900      862  235.00-238.00     236.97

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      40     60.8    932-932      932  223.51-223.51     223.51

 0 - 35% Choice     187     65.2    728-808      788  236.00-238.00     236.17

MIXED STEER/HEIFER

Over 80% Choice     126     62.8    730-871      792  230.10-242.45     235.45

65 - 80% Choice      43     62.9    811-811      811  236.93-236.93     236.93

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    830     63.3    637-932      825  223.51-242.45     235.64

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     332     59.6    813-898      853  227.85-233.79     230.72

65 - 80% Choice      31     57.4    728-728      728  219.14-219.14     219.14

35 - 65% Choice      11     54.2    789-789      789  216.94-216.94     216.94

 0 - 35% Choice      15     57.9    716-716      716  208.21-208.21     208.21





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.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     355     62.3  1,261-1,387   1,365 137.51-139.97     139.59

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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