Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jun 25, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 06/24/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   30,288    112,819      22,228      102,528      29,620      117,308

Live:       2,034     12,903       3,452       10,968       3,861       14,171

Total:     32,322    125,722      25,680      113,496      33,481      131,479



NEGOTIATED GRID NET:

Dressed:    1,893      6,833       1,482        5,639       3,474       11,955

Live:       1,286      1,426           0          948         927        3,089

Total:      3,179      8,259       1,482        6,587       4,401       15,044





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,795     64.1    712-901      840  232.35-267.88     242.41

65 - 80% Choice   6,537     64.2    758-961      874  226.74-275.97     235.62

35 - 65% Choice   4,673     64.2    734-942      850  223.69-237.91     232.75

 0 - 35% Choice   4,609     64.2    719-925      846  223.48-258.31     235.10

HEIFER

Over 80% Choice     913     63.9    717-893      806  232.65-270.74     244.45

65 - 80% Choice   3,143     63.8    725-861      771  232.19-241.18     235.46

35 - 65% Choice   2,234     63.9    687-817      744  230.63-239.00     234.49

 0 - 35% Choice   1,292     63.8    739-843      791  234.12-238.00     236.67

MIXED STEER/HEIFER

Over 80% Choice     694     63.7    726-889      807  232.49-267.88     245.42

65 - 80% Choice     171     64.7    774-774      774  235.50-235.50     235.50

35 - 65% Choice     529     64.1    737-890      838  229.72-237.24     236.41

 0 - 35% Choice     119     63.4    820-861      830  237.46-238.00     237.59

ALL STEERS & HEIFERS

                 27,709     64.1    687-961      830  223.48-275.97     236.23

MIXED STEER/HEIFER/COW

Over 80% Choice     104     64.1    728-728      728  235.56-235.56     235.56

65 - 80% Choice      39     63.5    796-796      796  233.38-233.38     233.38

35 - 65% Choice     120     64.7    717-747      734  229.90-230.64     230.31

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     824     61.1    761-908      867  225.52-236.55     231.02

65 - 80% Choice     541     60.9    748-902      796  224.95-231.98     228.75

35 - 65% Choice     378     61.8    810-842      830  201.92-229.01     222.09

 0 - 35% Choice     573     61.6    830-844      836  226.82-232.00     230.43





FORMULA 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     340     65.4  1,362-1,493   1,413 149.00-149.76     149.47

35 - 65% Choice     512     63.0  1,316-1,419   1,330 145.00-150.00     148.25

 0 - 35% Choice     152     61.9  1,324-1,337   1,328 143.00-149.50     147.66

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      32     63.1  1,246-1,246   1,246 150.00-150.00     150.00

35 - 65% Choice     162     62.1  1,131-1,218   1,163 150.50-151.00     150.68

 0 - 35% Choice      37     60.5  1,336-1,336   1,336 148.00-148.00     148.00

MIXED STEER/HEIFER

Over 80% Choice     120     63.0  1,112-1,117   1,115 150.76-162.83     154.78

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,355     63.3  1,112-1,493   1,310 143.00-162.83     149.39

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     281     60.4  1,385-1,524   1,475 126.95-134.31     131.69

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     398     61.1  1,378-1,390   1,384 121.97-123.38     122.68





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     274     62.9    709-971      884  221.40-243.00     235.62

65 - 80% Choice     247     65.5    780-809      794  228.01-228.17     228.09

35 - 65% Choice     142     63.4    835-857      845  233.00-240.79     236.62

 0 - 35% Choice      88     61.7    920-920      920  238.00-238.00     238.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     295     65.3    723-763      749  230.63-232.94     231.44

35 - 65% Choice      80     64.0    634-634      634  241.42-241.42     241.42

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      32     63.7    810-810      810  233.27-233.27     233.27

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      87     63.3    776-883      834  221.07-233.00     224.23

ALL STEERS & HEIFERS

                  1,245     64.1    634-971      811  221.07-243.00     232.93

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     505     59.5    765-905      826  221.59-232.73     228.40

65 - 80% Choice     143     59.8    739-780      756  219.53-225.54     223.35

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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      81     62.8  1,079-1,292   1,179 144.00-147.00     145.59

 0 - 35% Choice      22     62.7  1,378-1,378   1,378 147.00-147.00     147.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      44     61.9  1,058-1,058   1,058 145.36-145.36     145.36

35 - 65% Choice      42     62.5  1,123-1,123   1,123 148.00-148.00     148.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      41     62.7  1,250-1,250   1,250 144.00-144.00     144.00

35 - 65% Choice     480     64.2  1,162-1,428   1,215 141.54-147.00     143.91

 0 - 35% Choice     455     63.6  1,101-1,383   1,263 137.28-148.00     142.29

ALL STEERS & HEIFERS

                  1,165     63.7  1,058-1,428   1,226 137.28-148.00     143.66

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.3  1,255-1,255   1,255 138.92-138.92     138.92

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      79     61.0  1,440-1,455   1,450 136.00-136.00     136.00

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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