Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Jul 11, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 07/10/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   14,913    167,093           0      170,423      12,750      210,195

Live:         659     26,532           0       20,356       4,451       29,840

Total:     15,572    193,625           0      190,779      17,201      240,035



NEGOTIATED GRID NET:

Dressed:    1,383     16,136           0       12,962       1,624       19,951

Live:         264      3,639           0        2,057       1,005        4,115

Total:      1,647     19,775           0       15,019       2,629       24,066





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,761     64.4    840-953      914  243.00-260.69     251.11

65 - 80% Choice   1,777     64.7    741-945      873  242.88-252.58     249.72

35 - 65% Choice   4,650     64.5    777-947      867  242.34-253.11     247.44

 0 - 35% Choice   1,233     64.3    822-910      868  244.00-251.00     247.82

HEIFER

Over 80% Choice     705     63.8    714-844      763  245.58-279.82     254.32

65 - 80% Choice     434     63.4    706-826      782  245.15-250.77     249.24

35 - 65% Choice   1,915     64.6    693-832      753  245.73-252.57     249.40

 0 - 35% Choice     129     63.2    773-773      773  250.19-250.19     250.19

MIXED STEER/HEIFER

Over 80% Choice     186     63.2    684-896      774  249.40-254.74     252.76

65 - 80% Choice     207     64.0    755-820      775  243.07-248.29     246.98

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 12,997     64.4    684-953      845  242.34-279.82     249.10

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     138     62.7    773-773      773  249.04-249.04     249.04

35 - 65% Choice     466     64.6    755-785      771  242.15-247.27     244.57

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     59.5    787-787      787  241.55-241.55     241.55

65 - 80% Choice     316     61.2    817-854      837  239.24-240.88     240.11

35 - 65% Choice     916     61.7    667-876      822  229.50-244.01     240.15

 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                        -                    -

65 - 80% Choice     504     63.2  1,334-1,493   1,439 157.31-160.71     159.59

35 - 65% Choice     107     62.7  1,256-1,310   1,295 158.00-158.00     158.00

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    611     63.2  1,256-1,493   1,413 157.31-160.71     159.31

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      48     61.4  1,380-1,380   1,380 149.00-149.00     149.00

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      91     63.6    785-903      817  233.60-249.05     237.84

65 - 80% Choice      37     62.7    816-816      816  236.60-236.60     236.60

35 - 65% Choice      38     65.0    895-895      895  230.64-230.64     230.64

 0 - 35% Choice     376     63.6    820-878      854  250.00-250.00     250.00

HEIFER

Over 80% Choice      35     61.3    817-817      817  246.00-246.00     246.00

65 - 80% Choice      43     63.3    800-800      800  244.41-244.41     244.41

35 - 65% Choice                        -                    -

 0 - 35% Choice     107     63.0    727-941      835  224.36-250.00     235.62

MIXED STEER/HEIFER

Over 80% Choice      76     63.8    772-860      829  242.00-253.84     248.87

65 - 80% Choice      86     61.0    735-853      772  233.18-245.43     239.52

35 - 65% Choice      52     60.5    830-830      830  230.03-231.03     230.76

 0 - 35% Choice     177     63.5    885-885      885  250.00-250.00     250.00

ALL STEERS & HEIFERS

                  1,118     63.1    727-941      842  224.36-253.84     244.41

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      30     64.4    877-877      877  242.00-242.00     242.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     206     60.0    773-900      854  232.91-241.00     237.71

65 - 80% Choice      29     58.7    810-810      810  230.43-230.43     230.43

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

Over 80% Choice                        -                    -

65 - 80% Choice     264     63.6  1,173-1,173   1,173 156.00-156.00     156.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    264     63.6  1,173-1,173   1,173 156.00-156.00     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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