Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jul 02, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 07/01/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,474    108,151      30,363      112,894      32,585      143,426

Live:       4,658     12,072       2,034       12,903       2,736       18,660

Total:     23,132    120,223      32,397      125,797      35,321      162,086



NEGOTIATED GRID NET:

Dressed:    2,938      8,376       1,893        6,848       3,067       10,806

Live:         452      1,495       1,286        1,426       1,840        2,935

Total:      3,390      9,871       3,179        8,274       4,907       13,741





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,568     64.2    743-985      869  232.65-276.39     245.79

65 - 80% Choice   2,627     63.9    773-935      860  235.13-275.60     242.77

35 - 65% Choice   4,810     64.1    720-952      870  229.62-274.92     237.84

 0 - 35% Choice   2,227     63.8    816-908      863  232.69-246.00     241.85

HEIFER

Over 80% Choice   2,616     63.8    683-860      778  235.96-276.39     246.43

65 - 80% Choice     683     64.7    783-831      811  233.86-238.86     236.97

35 - 65% Choice     804     63.7    702-809      763  236.62-240.56     237.46

 0 - 35% Choice     428     63.0    727-832      799  245.19-245.19     245.19

MIXED STEER/HEIFER

Over 80% Choice     470     63.2    737-856      800  232.70-276.39     249.91

65 - 80% Choice      37     62.4    722-722      722  238.00-238.00     238.00

35 - 65% Choice     165     62.5    831-877      853  224.23-233.77     228.62

 0 - 35% Choice     133     64.4    769-836      803  245.00-245.19     245.07

ALL STEERS & HEIFERS

                 17,568     63.9    683-985      842  224.23-276.39     241.95

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      51     61.4    851-851      851  218.06-218.06     218.06

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     127     61.2    796-867      830  231.57-235.24     233.03

65 - 80% Choice     328     61.3    831-878      847  227.75-234.93     232.12

35 - 65% Choice     364     61.7    821-871      841  230.25-233.05     231.15

 0 - 35% Choice      36     63.5    892-892      892  233.19-233.19     233.19





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     624     62.9  1,301-1,503   1,458 151.00-168.25     153.13

65 - 80% Choice   1,411     63.1  1,228-1,497   1,372 148.00-156.00     151.44

35 - 65% Choice     573     62.7  1,212-1,569   1,392 150.00-155.00     150.59

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     326     63.0  1,207-1,257   1,235 149.00-169.68     153.48

65 - 80% Choice     956     63.1  1,061-1,534   1,244 150.00-157.50     154.58

35 - 65% Choice     434     62.7  1,204-1,224   1,215 149.50-156.00     153.84

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  4,324     63.0  1,061-1,569   1,333 148.00-169.68     152.66

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     334     60.9  1,486-1,543   1,515 137.39-141.62     139.42

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 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     220     65.2    924-924      924  238.96-238.96     238.96

65 - 80% Choice      85     62.4    802-853      826  236.96-239.56     238.18

35 - 65% Choice     361     64.4    791-918      870  234.53-237.87     235.31

 0 - 35% Choice     630     63.2    812-885      843  238.00-245.00     244.53

HEIFER

Over 80% Choice      40     63.3    757-757      757  239.54-239.54     239.54

65 - 80% Choice     264     62.9    735-735      735  239.25-239.25     239.25

35 - 65% Choice                        -                    -

 0 - 35% Choice     344     64.6    744-749      746  245.00-245.00     245.00

MIXED STEER/HEIFER

Over 80% Choice     272     63.1    722-828      793  233.62-241.60     239.26

65 - 80% Choice     195     62.8    724-844      768  232.33-238.00     235.71

35 - 65% Choice      80     62.8    760-852      811  233.00-236.22     235.30

 0 - 35% Choice     117     65.0    877-877      877  233.00-233.00     233.00

ALL STEERS & HEIFERS

                  2,608     63.7    722-924      818  232.33-245.00     240.02

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     313     59.5    733-905      815  225.62-234.85     230.73

65 - 80% Choice                        -                    -

35 - 65% Choice      17     57.3    842-842      842  221.74-221.74     221.74

 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                        -                    -

 0 - 35% Choice      33     62.2  1,382-1,382   1,382 145.97-145.97     145.97

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      85     62.6  1,153-1,153   1,153 148.00-148.00     148.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     165     64.1  1,173-1,191   1,177 145.98-147.98     147.50

35 - 65% Choice      86     64.0  1,122-1,180   1,149 146.26-146.59     146.41

 0 - 35% Choice      83     63.5  1,066-1,226   1,143 139.05-148.50     143.95

ALL STEERS & HEIFERS

                    452     63.5  1,066-1,382   1,176 139.05-148.50     146.62

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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