Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jul 08, 2014    USDA Market News



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

For Primarily Monday Afternoon, 07/07/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   39,924     60,188      24,665       68,285      23,818       73,329

Live:       6,212      8,237       5,833        6,981       3,463        9,284

Total:     46,136     68,425      30,498       75,266      27,281       82,613



NEGOTIATED GRID NET:

Dressed:    1,674      4,551       2,084        3,206       4,205        6,610

Live:         479      2,465           0            0       1,235        1,315

Total:      2,153      7,016       2,084        3,206       5,440        7,925





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   7,798     63.7    707-994      863  231.86-271.95     249.55

65 - 80% Choice   7,001     63.9    720-949      885  236.22-250.45     245.85

35 - 65% Choice   5,620     64.0    690-1,000    869  237.91-247.56     244.10

 0 - 35% Choice   2,591     63.7    759-955      863  234.22-251.00     245.60

HEIFER

Over 80% Choice   6,348     63.9    685-886      789  241.31-272.88     248.78

65 - 80% Choice   4,545     63.7    691-845      775  242.78-250.10     247.72

35 - 65% Choice   2,629     64.3    729-1,003    770  236.64-247.74     245.13

 0 - 35% Choice     777     64.5    759-819      788  244.99-251.00     247.82

MIXED STEER/HEIFER

Over 80% Choice     652     64.4    759-900      803  242.35-272.05     265.32

65 - 80% Choice      93     62.2    743-895      794  239.85-244.85     243.31

35 - 65% Choice      68     60.8    805-805      805  241.23-241.23     241.23

 0 - 35% Choice     101     64.5    778-796      792  245.00-250.19     246.23

ALL STEERS & HEIFERS

                 38,223     63.9    685-1,003    836  231.86-272.88     247.35

MIXED STEER/HEIFER/COW

Over 80% Choice      13     63.8    969-969      969  233.74-233.74     233.74

65 - 80% Choice                        -                    -

35 - 65% Choice     467     64.4    688-786      728  237.58-241.95     239.23

 0 - 35% Choice     100     64.8    723-723      723  236.68-236.68     236.68

DAIRYBRED STEER/HEIFER

Over 80% Choice      54     59.1    816-840      821  235.22-237.00     236.64

65 - 80% Choice     301     61.9    806-884      854  234.40-239.24     238.62

35 - 65% Choice     766     61.0    707-879      812  237.24-239.96     238.24

 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     213     63.9  1,319-1,438   1,355 156.00-156.50     156.09

65 - 80% Choice   2,314     63.1  1,259-1,535   1,402 154.50-157.37     155.49

35 - 65% Choice   1,106     62.4  1,312-1,592   1,417 155.50-157.37     156.82

 0 - 35% Choice     316     62.2  1,368-1,433   1,383 155.50-156.50     156.02

HEIFER

Over 80% Choice     165     62.6  1,315-1,315   1,315 156.00-156.00     156.00

65 - 80% Choice     468     63.1  1,215-1,343   1,257 155.00-155.00     155.00

35 - 65% Choice     755     62.8  1,122-1,282   1,208 155.00-158.00     156.73

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     664     62.6  1,198-1,365   1,270 150.24-169.56     155.72

65 - 80% Choice      40     59.0  1,160-1,160   1,160 152.50-152.50     152.50

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  6,041     62.8  1,122-1,592   1,348 150.24-169.56     155.92

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     59.4  1,340-1,340   1,340 144.00-144.00     144.00

65 - 80% Choice     101     60.8  1,319-1,388   1,367 136.75-145.50     142.81

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     116     61.7    739-839      808  238.16-245.00     240.58

65 - 80% Choice     227     66.3    794-839      802  237.50-238.59     238.40

35 - 65% Choice     162     66.5    799-799      799  238.62-238.62     238.62

 0 - 35% Choice     354     63.8    894-900      896  245.00-245.00     245.00

HEIFER

Over 80% Choice      84     62.3    696-696      696  246.00-246.00     246.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     238     64.0    766-799      774  242.00-250.64     247.97

65 - 80% Choice      42     65.4    823-823      823  241.39-241.39     241.39

35 - 65% Choice                        -                    -

 0 - 35% Choice      42     63.6    848-848      848  234.20-234.20     234.20

ALL STEERS & HEIFERS

                  1,265     64.4    696-900      819  234.20-250.64     242.74

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     365     59.8    751-912      829  228.24-240.06     233.35

65 - 80% Choice      44     58.7    829-838      836  228.93-229.57     229.12

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

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     110     61.6  1,398-1,398   1,398 145.30-145.30     145.30

65 - 80% Choice     186     61.7  1,474-1,474   1,474 146.35-146.35     146.35

35 - 65% Choice     183     61.1  1,289-1,333   1,324 139.81-140.12     139.87

 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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