Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jul 10, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 07/09/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   15,463    130,818      21,518      142,314      33,274      180,701

Live:       5,904     21,986       5,835       19,135       4,987       23,902

Total:     21,367    152,804      27,353      161,449      38,261      204,603



NEGOTIATED GRID NET:

Dressed:    2,166     13,218       1,827       11,546       1,457       16,161

Live:         264      3,375          85        2,015         476        2,911

Total:      2,430     16,593       1,912       13,561       1,933       19,072





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,391     64.1    766-975      890  238.05-282.27     251.87

65 - 80% Choice   3,787     63.8    715-947      882  239.15-279.30     249.31

35 - 65% Choice   1,879     64.1    832-919      873  235.79-250.77     245.70

 0 - 35% Choice   1,302     64.6    745-976      878  246.60-278.95     248.90

HEIFER

Over 80% Choice     341     63.4    718-853      776  247.08-281.75     253.02

65 - 80% Choice   1,683     64.6    721-861      794  241.00-251.64     246.95

35 - 65% Choice     268     63.6    787-815      801  246.64-248.05     247.32

 0 - 35% Choice     872     64.8    779-838      814  250.00-251.00     250.46

MIXED STEER/HEIFER

Over 80% Choice     163     63.1    715-843      763  244.53-250.72     248.00

65 - 80% Choice      31     61.3    758-758      758  239.10-239.10     239.10

35 - 65% Choice      70     61.5    692-972      820  232.93-244.37     237.94

 0 - 35% Choice      14     61.9    767-767      767  247.72-247.72     247.72

ALL STEERS & HEIFERS

                 13,801     64.1    692-976      861  232.93-282.27     249.15

MIXED STEER/HEIFER/COW

Over 80% Choice     458     63.6    794-848      798  247.09-250.75     250.49

65 - 80% Choice     166     63.5    810-810      810  246.64-246.64     246.64

35 - 65% Choice     164     63.4    885-922      906  230.74-245.15     236.71

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      96     63.4    882-882      882  239.24-239.24     239.24

65 - 80% Choice     534     61.1    838-884      853  234.74-243.08     240.71

35 - 65% Choice     244     61.9    794-882      827  233.56-240.56     236.76

 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     565     63.0  1,187-1,407   1,317 157.31-183.27     170.89

65 - 80% Choice   1,417     62.9  1,225-1,481   1,432 156.00-177.18     159.53

35 - 65% Choice   1,142     62.8  1,134-1,603   1,345 151.00-159.75     158.41

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     516     62.0  1,151-1,213   1,191 174.00-180.02     177.02

65 - 80% Choice     684     63.5  1,145-1,443   1,256 151.00-179.44     158.53

35 - 65% Choice     850     63.7  1,198-1,369   1,251 158.00-177.90     159.87

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     159     64.0  1,387-1,387   1,387 160.50-160.50     160.50

65 - 80% Choice     166     63.3  1,224-1,224   1,224 155.00-155.00     155.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,499     63.0  1,134-1,603   1,322 151.00-183.27     161.92

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     405     61.8  1,333-1,367   1,348 150.85-154.00     151.79

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     274     62.9    655-912      835  240.55-247.03     243.94

65 - 80% Choice                        -                    -

35 - 65% Choice     290     63.2    841-929      854  244.47-246.50     246.21

 0 - 35% Choice     819     63.0    828-878      845  245.00-250.00     248.77

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      44     60.8    744-744      744  238.29-238.29     238.29

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      76     63.5    691-866      777  233.71-245.60     243.25

65 - 80% Choice     136     62.4    760-812      784  242.75-248.18     246.57

35 - 65% Choice      14     62.0    811-811      811  230.66-230.66     230.66

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,653     62.9    655-929      834  230.66-250.00     246.65

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      15     63.1    879-879      879  234.60-234.60     234.60

35 - 65% Choice      41     62.8    719-719      719  227.60-227.60     227.60

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     264     59.7    815-881      838  231.34-241.37     238.91

65 - 80% Choice      37     58.4    837-837      837  231.36-231.36     231.36

35 - 65% Choice     156     60.5    790-851      821  229.95-233.49     232.49

 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

Over 80% Choice                        -                    -

65 - 80% Choice     264     62.7  1,124-1,124   1,124 156.00-156.00     156.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    264     62.7  1,124-1,124   1,124 156.00-156.00     156.00

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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