Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jul 03, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 07/02/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   21,197    141,152      17,392      144,888           0      158,599

Live:       5,835     19,135       1,670       18,054           0       23,121

Total:     27,032    160,287      19,062      162,942           0      181,720



NEGOTIATED GRID NET:

Dressed:    1,827     11,513       1,430       10,136           0       13,736

Live:          44      1,974           0        2,396           0        3,005

Total:      1,871     13,487       1,430       12,532           0       16,741





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,480     63.6    796-996      899  235.45-250.48     243.49

65 - 80% Choice   2,736     63.9    821-946      891  233.13-246.65     239.58

35 - 65% Choice   4,462     64.3    750-921      862  230.76-246.21     241.02

 0 - 35% Choice   3,121     64.6    697-907      857  226.40-245.74     242.70

HEIFER

Over 80% Choice   1,224     63.5    649-839      772  238.54-273.00     247.29

65 - 80% Choice   2,190     63.7    731-877      781  234.35-276.42     246.98

35 - 65% Choice   1,913     64.1    736-836      770  236.61-245.95     243.38

 0 - 35% Choice   1,049     63.3    684-876      791  243.77-245.69     245.17

MIXED STEER/HEIFER

Over 80% Choice     393     63.8    714-927      839  235.40-252.80     246.11

65 - 80% Choice      58     63.6    795-795      795  238.32-238.32     238.32

35 - 65% Choice     199     64.1    679-873      804  229.01-244.15     237.04

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 18,825     64.0    649-996      838  226.40-276.42     242.91

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     242     64.3    742-918      811  229.21-243.49     237.83

35 - 65% Choice      90     64.9    756-756      756  243.57-243.57     243.57

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      57     61.6    856-901      885  230.27-239.24     236.09

65 - 80% Choice   1,052     61.6    818-891      853  221.42-239.24     231.84

35 - 65% Choice     895     61.7    820-909      853  223.79-238.24     233.59

 0 - 35% Choice      36     56.6    710-710      710  225.46-225.46     225.46





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     561     62.1  1,143-1,389   1,243 153.96-178.05     168.36

65 - 80% Choice     966     63.5  1,283-1,409   1,352 151.00-174.32     154.79

35 - 65% Choice   2,716     63.4    972-1,517   1,287 150.40-157.50     153.59

 0 - 35% Choice     110     62.0  1,377-1,455   1,412 151.50-153.00     152.17

HEIFER

Over 80% Choice      42     63.5  1,236-1,236   1,236 171.50-171.50     171.50

65 - 80% Choice     241     63.1  1,298-1,298   1,298 151.00-151.00     151.00

35 - 65% Choice     765     63.2  1,121-1,288   1,205 150.88-155.00     152.09

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      38     61.0  1,289-1,289   1,289 159.70-159.70     159.70

35 - 65% Choice      42     63.1  1,294-1,294   1,294 153.70-153.70     153.70

 0 - 35% Choice      91     62.7  1,175-1,299   1,212 151.02-151.31     151.11

ALL STEERS & HEIFERS

                  5,572     63.2    972-1,517   1,284 150.40-178.05     155.08

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     161     61.2  1,484-1,484   1,484 146.21-146.21     146.21

65 - 80% Choice     102     62.7  1,238-1,459   1,372 147.73-148.79     148.37

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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      15     64.8    948-948      948  232.77-232.77     232.77

 0 - 35% Choice     802     63.2    823-938      876  245.00-245.00     245.00

HEIFER

Over 80% Choice      32     62.2    786-786      786  238.83-238.83     238.83

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     375     63.4    716-844      742  245.00-245.00     245.00

MIXED STEER/HEIFER

Over 80% Choice      20     63.1    767-767      767  240.63-240.63     240.63

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     243     63.8    848-859      857  234.20-245.00     243.13

ALL STEERS & HEIFERS

                  1,487     63.4    716-948      836  232.77-245.00     244.38

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     206     59.3    799-898      829  231.37-235.60     232.94

65 - 80% Choice     134     62.8    915-936      930  231.32-232.18     231.56

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      44     62.7  1,327-1,327   1,327 145.00-145.00     145.00

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     44     62.7  1,327-1,327   1,327 145.00-145.00     145.00

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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