Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jun 26, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 06/25/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   17,392    144,888      24,885      135,435      54,817      188,990

Live:       1,670     18,054       1,753       14,344       4,196       23,720

Total:     19,062    162,942      26,638      149,779      59,013      212,710



NEGOTIATED GRID NET:

Dressed:    1,430     10,136         712        7,138       3,127       19,127

Live:           0      2,396         597        1,545         708        3,988

Total:      1,430     12,532       1,309        8,683       3,835       23,115





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,623     63.7    795-943      888  236.78-268.05     244.74

65 - 80% Choice   1,398     64.5    767-938      852  230.68-240.06     237.35

35 - 65% Choice   3,565     64.1    711-932      850  229.85-267.78     237.46

 0 - 35% Choice   2,744     64.6    778-948      873  223.72-239.00     235.97

HEIFER

Over 80% Choice     848     63.3    736-843      780  237.51-270.74     252.00

65 - 80% Choice     711     64.4    672-829      775  237.82-272.49     242.18

35 - 65% Choice   1,632     63.9    675-799      766  234.31-237.87     235.59

 0 - 35% Choice   1,225     63.9    750-820      788  231.61-238.00     236.42

MIXED STEER/HEIFER

Over 80% Choice     229     63.3    684-822      763  237.16-255.78     240.78

65 - 80% Choice     484     64.0    840-856      854  236.26-236.69     236.65

35 - 65% Choice     420     63.4    746-884      859  230.36-237.37     231.86

 0 - 35% Choice     327     62.8    685-881      783  235.71-238.00     237.75

ALL STEERS & HEIFERS

                 15,206     64.1    672-948      835  223.72-272.49     238.58

MIXED STEER/HEIFER/COW

Over 80% Choice      93     62.2    754-754      754  236.44-236.44     236.44

65 - 80% Choice     114     64.5    736-736      736  235.08-235.08     235.08

35 - 65% Choice     492     64.0    736-894      800  232.78-237.05     235.00

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     376     60.1    745-859      810  222.78-235.65     230.15

65 - 80% Choice     517     61.1    798-901      855  225.06-231.13     228.40

35 - 65% Choice     594     61.8    827-886      856  222.42-227.85     225.32

 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     546     62.6  1,230-1,395   1,337 149.50-151.00     150.22

65 - 80% Choice     511     62.4  1,296-1,560   1,474 150.00-151.50     150.86

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     233     62.6  1,166-1,166   1,166 149.00-149.00     149.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      81     62.5  1,044-1,044   1,044 161.72-161.72     161.72

65 - 80% Choice      15     65.5  1,187-1,187   1,187 149.00-149.00     149.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,386     62.6  1,044-1,560   1,340 149.00-161.72     150.91

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     152     59.8  1,378-1,391   1,386 132.00-142.18     138.09

65 - 80% Choice     111     62.3  1,274-1,274   1,274 141.00-141.00     141.00

35 - 65% Choice      21     58.9  1,295-1,295   1,295 143.00-143.00     143.00

 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     118     63.0    749-826      788  236.77-238.74     237.70

65 - 80% Choice                        -                    -

35 - 65% Choice      41     59.5    730-730      730  230.80-230.80     230.80

 0 - 35% Choice     273     64.1    787-922      888  210.13-238.00     235.96

HEIFER

Over 80% Choice      34     60.8    829-829      829  226.00-226.00     226.00

65 - 80% Choice                        -                    -

35 - 65% Choice      42     61.6    775-775      775  228.15-228.15     228.15

 0 - 35% Choice      89     64.2    760-786      772  238.00-238.00     238.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      33     62.0    847-847      847  231.31-231.31     231.31

35 - 65% Choice      44     62.0    802-802      802  230.74-230.74     230.74

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    674     63.1    730-922      828  210.13-238.74     234.66

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     660     60.2    775-955      845  222.89-235.11     229.83

65 - 80% Choice      96     60.3    782-887      861  222.67-233.02     230.43

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

 No Reportable Trade.



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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