Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Jul 07, 2014    USDA Market News



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

For Thursday, 7/3/2014 through Holiday Friday, 7/4/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   31,756    180,987      66,118      212,086      71,671      230,270

Live:      11,844     26,365      14,322       33,766      17,937       41,058

Total:     43,600    207,352      80,440      245,852      89,608      271,328



NEGOTIATED GRID NET:

Dressed:    2,854     13,989       8,656       19,503       9,670       23,406

Live:         392      2,364         907        3,344       1,813        4,818

Total:      3,246     16,353       9,563       22,847      11,483       28,224





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,976     63.9    771-996      900  235.45-250.48     243.88

65 - 80% Choice   4,762     64.0    769-972      889  233.13-246.82     240.57

35 - 65% Choice   5,281     64.2    701-921      860  230.76-246.21     240.97

 0 - 35% Choice   3,353     64.7    697-907      855  226.40-246.00     242.93

HEIFER

Over 80% Choice   2,071     63.6    649-842      781  238.54-273.00     245.76

65 - 80% Choice   2,897     63.7    714-877      782  234.35-276.42     246.27

35 - 65% Choice   2,685     64.0    680-836      766  235.67-249.37     244.08

 0 - 35% Choice   1,574     63.4    684-888      814  243.77-245.69     245.17

MIXED STEER/HEIFER

Over 80% Choice     734     63.9    714-927      823  235.40-252.80     246.28

65 - 80% Choice     411     63.5    769-803      786  238.32-249.04     246.09

35 - 65% Choice     362     64.2    679-873      783  229.01-245.96     239.41

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 28,106     64.0    649-996      841  226.40-276.42     243.17

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     516     63.2    707-918      788  229.21-250.21     242.89

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

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     129     61.0    856-901      871  230.00-239.24     232.69

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

35 - 65% Choice   1,352     61.8    671-919      851  223.79-239.24     234.83

 0 - 35% Choice     511     59.7    710-824      799  225.46-239.00     234.69





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,602     62.6  1,143-1,543   1,287 153.96-178.05     166.40

65 - 80% Choice   2,060     63.4  1,153-1,448   1,345 151.00-174.32     156.02

35 - 65% Choice   4,035     63.3    972-1,517   1,314 147.41-157.50     153.90

 0 - 35% Choice     470     63.1  1,214-1,455   1,291 151.12-155.00     152.29

HEIFER

Over 80% Choice     896     62.9  1,151-1,380   1,276 150.00-175.45     159.48

65 - 80% Choice     927     65.7  1,160-1,308   1,239 151.00-157.00     154.72

35 - 65% Choice     986     62.9  1,118-1,314   1,208 150.88-155.00     152.73

 0 - 35% Choice      60     63.1  1,226-1,226   1,226 155.00-155.00     155.00

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

                 11,207     63.3    972-1,543   1,295 147.41-178.05     156.42

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     261     61.9  1,238-1,459   1,425 146.52-148.79     147.24

35 - 65% Choice     215     60.3  1,351-1,364   1,359 143.70-146.00     144.62

 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     132     63.8    717-820      777  244.00-250.92     245.61

65 - 80% Choice                        -                    -

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

 0 - 35% Choice     954     63.3    823-938      882  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      26     63.3    770-770      770  232.24-232.24     232.24

35 - 65% Choice                        -                    -

 0 - 35% Choice     523     63.4    716-897      765  219.29-245.00     243.43

MIXED STEER/HEIFER

Over 80% Choice     124     63.7    730-813      773  238.81-244.00     242.30

65 - 80% Choice      66     62.0    768-806      776  241.70-241.88     241.74

35 - 65% Choice                        -                    -

 0 - 35% Choice     403     64.0    764-859      820  234.20-245.00     243.87

ALL STEERS & HEIFERS

                  2,275     63.5    716-948      827  219.29-250.92     243.92

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     410     59.2    790-906      831  231.37-235.97     233.68

65 - 80% Choice     169     62.0    740-936      891  226.72-232.18     230.56

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      41     63.0  1,306-1,306   1,306 148.00-148.00     148.00

65 - 80% Choice     110     64.8  1,367-1,367   1,367 150.00-150.00     150.00

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

                    195     63.9  1,306-1,367   1,345 145.00-150.00     148.45

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      37     61.3  1,407-1,407   1,407 139.61-139.61     139.61

65 - 80% Choice     160     60.2  1,314-1,314   1,314 137.11-137.11     137.11

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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