Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jun 24, 2014    USDA Market News



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

For Primarily Monday Afternoon, 06/23/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   21,978     67,609       9,804       55,295      33,618       57,099

Live:       4,223      7,019       3,934        6,887       6,223        7,100

Total:     26,201     74,628      13,738       62,182      39,841       64,199



NEGOTIATED GRID NET:

Dressed:    2,216      3,667       1,700        2,666       1,336        4,709

Live:         140        140         652          948       1,098        1,900

Total:      2,356      3,807       2,352        3,614       2,434        6,609





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,010     63.9    766-941      876  236.00-263.28     241.86

65 - 80% Choice   3,273     64.4    739-931      866  226.53-242.51     237.47

35 - 65% Choice   2,804     64.1    720-923      854  227.28-240.84     235.52

 0 - 35% Choice   4,452     64.2    699-929      840  225.78-239.13     235.68

HEIFER

Over 80% Choice   1,444     63.9    678-844      783  237.16-243.53     239.05

65 - 80% Choice   1,818     64.2    707-839      784  231.90-241.32     236.95

35 - 65% Choice     626     64.6    707-797      733  233.52-240.37     236.06

 0 - 35% Choice     969     63.6    720-836      783  235.00-239.22     237.75

MIXED STEER/HEIFER

Over 80% Choice     494     62.8    714-885      832  235.00-245.65     239.93

65 - 80% Choice     419     63.8    779-852      816  236.70-237.65     237.38

35 - 65% Choice     382     63.2    707-891      831  225.14-238.84     236.22

 0 - 35% Choice     242     64.5    807-979      834  236.00-238.00     237.48

ALL STEERS & HEIFERS

                 19,933     64.1    678-979      835  225.14-263.28     237.53

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     285     63.8    797-854      816  233.43-235.45     234.79

35 - 65% Choice     274     64.9    687-731      723  236.88-238.84     238.49

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     225     61.4    795-875      835  224.58-231.58     228.65

65 - 80% Choice     416     60.2    758-850      815  222.31-230.97     228.75

35 - 65% Choice     551     61.5    805-916      851  226.85-232.69     229.32

 0 - 35% Choice     294     62.0    810-863      835  225.99-232.00     228.88





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     247     62.2  1,401-1,496   1,453 149.00-151.00     150.09

65 - 80% Choice   1,396     62.9  1,309-1,602   1,417 146.50-152.02     149.63

35 - 65% Choice     634     62.9  1,091-1,434   1,346 148.00-149.50     148.72

 0 - 35% Choice     625     63.5  1,270-1,454   1,354 148.00-149.50     148.75

HEIFER

Over 80% Choice     409     63.7  1,241-1,283   1,274 148.50-150.50     150.14

65 - 80% Choice     104     62.4  1,271-1,449   1,355 148.00-148.00     148.00

35 - 65% Choice     117     63.7  1,149-1,190   1,174 148.00-148.50     148.31

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     363     62.9  1,156-1,300   1,253 149.00-169.21     153.95

65 - 80% Choice                        -                    -

35 - 65% Choice     134     62.0  1,221-1,221   1,221 163.55-163.55     163.55

 0 - 35% Choice      38     62.0  1,072-1,072   1,072 145.50-145.50     145.50

ALL STEERS & HEIFERS

                  4,067     63.0  1,072-1,602   1,351 145.50-169.21     150.16

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     121     61.1  1,360-1,360   1,360 136.15-136.15     136.15

65 - 80% Choice                        -                    -

35 - 65% Choice      35     62.2  1,380-1,380   1,380 139.55-139.55     139.55

 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     292     63.7    701-899      826  234.98-239.30     236.88

65 - 80% Choice     154     65.3    795-853      846  231.33-237.76     237.01

35 - 65% Choice     112     63.3    717-801      772  223.49-232.82     226.66

 0 - 35% Choice     262     62.8    864-883      874  238.00-238.00     238.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     417     63.4    783-834      800  238.00-238.00     238.00

MIXED STEER/HEIFER

Over 80% Choice     225     63.7    742-789      760  229.50-241.91     238.39

65 - 80% Choice      82     62.7    818-843      831  239.27-239.46     239.37

35 - 65% Choice     177     62.2    746-874      802  227.00-240.07     233.31

 0 - 35% Choice      38     63.3    842-842      842  225.14-225.14     225.14

ALL STEERS & HEIFERS

                  1,759     63.4    701-899      815  223.49-241.91     236.37

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     219     59.3    792-894      843  217.85-230.43     227.63

65 - 80% Choice     238     59.7    741-837      790  220.83-226.78     224.35

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

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      35     61.4  1,411-1,411   1,411 137.75-137.75     137.75

65 - 80% Choice                        -                    -

35 - 65% Choice     105     61.1  1,363-1,363   1,363 135.10-135.10     135.10

 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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