Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jul 01, 2014    USDA Market News



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

For Primarily Monday Afternoon, 06/30/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   24,515     68,135      22,789       68,420      33,643       83,964

Live:       5,833      7,205       4,223        7,375       9,254       12,385

Total:     30,348     75,340      27,012       75,795      42,897       96,349



NEGOTIATED GRID NET:

Dressed:    2,052      3,174       2,293        3,744       1,887        4,930

Live:           0          0         140          140       1,048        1,095

Total:      2,052      3,174       2,433        3,884       2,935        6,025





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,186     63.6    721-957      856  237.31-264.72     246.35

65 - 80% Choice   3,144     64.0    751-953      854  234.82-244.65     238.67

35 - 65% Choice   4,085     64.3    725-943      835  224.63-244.72     235.86

 0 - 35% Choice   4,359     64.0    710-977      835  224.99-246.00     237.38

HEIFER

Over 80% Choice   1,718     63.3    684-989      765  224.02-264.69     240.94

65 - 80% Choice   2,605     64.0    708-904      782  225.02-242.76     238.57

35 - 65% Choice   1,764     64.1    698-847      775  231.30-240.96     237.33

 0 - 35% Choice   1,707     63.8    705-824      776  230.28-245.19     237.14

MIXED STEER/HEIFER

Over 80% Choice     538     64.3    744-869      820  235.37-264.78     259.64

65 - 80% Choice     263     63.5    731-915      862  223.68-244.65     240.24

35 - 65% Choice     149     64.1    738-867      757  233.64-237.17     234.66

 0 - 35% Choice     162     62.7    791-870      834  245.19-245.19     245.19

ALL STEERS & HEIFERS

                 22,680     64.0    684-989      819  223.68-264.78     239.13

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     205     62.3    607-796      723  223.95-235.90     231.22

35 - 65% Choice     208     62.4    740-872      791  221.92-238.40     232.22

 0 - 35% Choice     310     57.8    713-914      842  202.63-219.29     211.86

DAIRYBRED STEER/HEIFER

Over 80% Choice     226     61.8    825-858      853  230.83-231.23     231.17

65 - 80% Choice     298     60.9    831-896      848  227.13-234.93     231.02

35 - 65% Choice     588     61.7    810-871      837  224.74-238.81     231.17

 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     505     63.0  1,218-1,357   1,267 161.13-170.31     167.85

65 - 80% Choice     960     63.4  1,330-1,432   1,379 150.00-151.00     150.68

35 - 65% Choice   2,213     63.8  1,157-1,537   1,372 145.50-154.00     149.82

 0 - 35% Choice     265     62.2  1,323-1,380   1,352 151.50-151.50     151.50

HEIFER

Over 80% Choice     196     62.7  1,135-1,216   1,160 151.00-174.33     167.07

65 - 80% Choice     297     62.8  1,173-1,274   1,221 150.50-151.00     150.89

35 - 65% Choice   1,002     63.4  1,157-1,292   1,213 150.00-154.00     151.54

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     228     62.2  1,253-1,384   1,289 148.55-157.00     150.23

65 - 80% Choice                        -                    -

35 - 65% Choice     109     61.7  1,245-1,245   1,245 154.00-154.00     154.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,775     63.3  1,135-1,537   1,315 145.50-174.33     152.65

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      58     57.7  1,286-1,286   1,286 140.00-140.00     140.00

 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     195     62.2    674-844      785  239.85-242.09     240.96

65 - 80% Choice     337     65.3    744-799      766  231.80-232.12     231.93

35 - 65% Choice     390     64.4    774-837      821  221.91-232.11     229.47

 0 - 35% Choice     167     63.6    737-817      797  245.00-245.00     245.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     112     63.5    654-712      696  245.00-245.00     245.00

MIXED STEER/HEIFER

Over 80% Choice     331     63.9    716-875      791  232.76-246.94     238.46

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,532     64.1    654-875      786  221.91-246.94     236.24

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      40     58.4    873-873      873  221.51-221.51     221.51

 0 - 35% Choice      44     59.4    829-829      829  221.00-221.00     221.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     246     60.4    753-891      827  228.02-234.64     231.73

65 - 80% Choice     140     59.9    752-833      806  216.06-230.01     220.92

35 - 65% Choice      50     58.6    677-781      752  210.76-228.60     223.60

 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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