Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jul 09, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 07/08/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   13,109     96,468      18,715      108,483      24,400      133,265

Live:       2,311     12,969       4,658       11,848       4,063       17,208

Total:     15,420    109,437      23,373      120,331      28,463      150,473



NEGOTIATED GRID NET:

Dressed:    1,811      8,642       2,971        8,520       2,386       11,138

Live:           0      2,607         452        1,495       1,039        2,354

Total:      1,811     11,249       3,423       10,015       3,425       13,492





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,539     63.8    674-955      868  231.54-283.15     253.17

65 - 80% Choice   2,631     63.9    733-965      890  228.98-249.84     245.80

35 - 65% Choice   1,844     63.9    633-936      881  235.60-281.95     248.63

 0 - 35% Choice   1,766     63.8    834-931      882  240.62-251.00     247.54

HEIFER

Over 80% Choice     678     63.9    703-871      776  240.89-278.25     254.90

65 - 80% Choice     402     64.1    721-881      816  244.96-247.49     246.20

35 - 65% Choice     621     63.8    703-817      764  243.26-247.02     245.78

 0 - 35% Choice     748     64.6    810-846      822  244.16-250.19     246.02

MIXED STEER/HEIFER

Over 80% Choice     162     63.8    722-838      797  244.18-250.03     247.74

65 - 80% Choice     461     63.0    666-946      818  234.45-250.00     244.90

35 - 65% Choice     197     64.5    755-755      755  245.98-245.98     245.98

 0 - 35% Choice      58     65.1    791-791      791  241.21-241.21     241.21

ALL STEERS & HEIFERS

                 12,107     63.9    633-965      857  228.98-283.15     248.54

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      72     62.9    723-723      723  245.10-245.10     245.10

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     236     60.4    645-886      792  228.78-241.80     236.55

65 - 80% Choice     393     61.1    842-877      865  239.24-244.66     241.27

35 - 65% Choice     301     62.0    821-896      858  238.24-241.19     239.88

 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     350     64.4  1,230-1,374   1,320 156.00-172.61     163.09

65 - 80% Choice     481     63.3  1,316-1,316   1,316 160.50-160.50     160.50

35 - 65% Choice     249     62.9  1,313-1,313   1,313 159.50-159.50     159.50

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      53     62.4  1,192-1,192   1,192 156.00-156.00     156.00

65 - 80% Choice                        -                    -

35 - 65% Choice     692     63.1  1,035-1,107   1,069 158.00-158.00     158.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      80     63.0  1,300-1,300   1,300 159.00-159.00     159.00

65 - 80% Choice                        -                    -

35 - 65% Choice      84     62.6  1,321-1,321   1,321 158.00-158.00     158.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,989     63.3  1,035-1,374   1,227 156.00-172.61     159.68

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     223     60.2  1,434-1,434   1,434 142.47-142.47     142.47

65 - 80% Choice                        -                    -

35 - 65% Choice      99     61.6  1,452-1,452   1,452 148.34-148.34     148.34

 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     658     63.4    714-901      858  232.26-244.16     242.30

65 - 80% Choice      35     62.9    787-787      787  236.41-236.41     236.41

35 - 65% Choice                        -                    -

 0 - 35% Choice     289     63.0    845-894      859  250.00-250.00     250.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      98     64.2    737-737      737  249.29-249.29     249.29

35 - 65% Choice                        -                    -

 0 - 35% Choice     200     62.7    798-798      798  250.00-250.00     250.00

MIXED STEER/HEIFER

Over 80% Choice      30     63.9    794-794      794  234.72-234.72     234.72

65 - 80% Choice      54     62.9    712-882      844  242.74-250.00     248.39

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,364     63.3    712-901      837  232.26-250.00     245.49

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     423     58.1    752-938      831  228.89-236.06     232.16

65 - 80% Choice      24     61.1    821-821      821  229.99-229.99     229.99

35 - 65% Choice                        -                    -

 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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