Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Jul 14, 2014    USDA Market News



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

For Primarily Friday Afternoon, 07/11/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   10,835    200,184      10,238      180,661      21,841      253,221

Live:       5,879     35,469       6,009       26,365       8,221       40,426

Total:     16,714    235,653      16,247      207,026      30,062      293,647



NEGOTIATED GRID NET:

Dressed:    2,239     19,278       1,027       13,989       2,480       23,957

Live:       1,309      4,988         307        2,364       1,195        5,310

Total:      3,548     24,266       1,334       16,353       3,675       29,267





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     616     63.7    738-926      821  242.00-274.73     266.30

65 - 80% Choice     461     63.8    779-937      896  248.33-253.48     250.78

35 - 65% Choice   1,790     64.4    790-917      868  245.81-253.34     248.14

 0 - 35% Choice   1,219     63.8    847-934      891  243.46-251.44     249.24

HEIFER

Over 80% Choice     753     64.3    687-881      786  250.18-274.73     255.77

65 - 80% Choice   1,541     64.3    764-825      785  249.68-254.78     251.56

35 - 65% Choice   1,561     64.1    709-843      765  245.35-252.69     249.43

 0 - 35% Choice     779     65.3    788-823      805  249.30-252.13     250.01

MIXED STEER/HEIFER

Over 80% Choice     468     63.6    735-885      787  249.44-273.73     269.69

65 - 80% Choice     148     63.9    833-833      833  248.93-248.93     248.93

35 - 65% Choice      39     62.4    814-814      814  271.72-271.72     271.72

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  9,375     64.2    687-937      822  242.00-274.73     252.34

MIXED STEER/HEIFER/COW

Over 80% Choice     174     64.7    834-834      834  252.07-252.07     252.07

65 - 80% Choice     173     62.5    683-785      722  247.23-249.64     248.23

35 - 65% Choice     130     64.1    739-739      739  245.56-245.56     245.56

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     294     61.6    775-877      818  240.80-244.39     243.14

65 - 80% Choice     399     61.4    720-902      793  238.35-247.07     243.93

35 - 65% Choice     290     62.1    819-888      848  234.01-244.01     240.31

 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   1,251     63.0  1,116-1,425   1,234 158.50-179.96     170.12

65 - 80% Choice     715     63.4  1,308-1,443   1,387 157.27-160.31     159.00

35 - 65% Choice   1,607     62.7  1,144-1,518   1,331 151.00-160.31     157.59

 0 - 35% Choice     243     63.9  1,303-1,406   1,390 158.00-159.50     158.23

HEIFER

Over 80% Choice     292     63.4  1,155-1,245   1,207 159.00-175.31     169.01

65 - 80% Choice     133     63.2  1,198-1,275   1,210 158.50-159.00     158.92

35 - 65% Choice   1,096     63.0  1,031-1,319   1,148 154.63-159.50     157.28

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      38     61.0  1,296-1,296   1,296 168.08-168.08     168.08

35 - 65% Choice     231     61.0  1,119-1,119   1,119 161.02-161.02     161.02

 0 - 35% Choice      98     63.9  1,008-1,008   1,008 159.00-159.00     159.00

ALL STEERS & HEIFERS

                  5,704     63.0  1,008-1,518   1,261 151.00-179.96     161.33

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     175     60.0  1,412-1,412   1,412 147.14-147.14     147.14

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     239     63.7    749-919      845  243.86-257.54     247.76

65 - 80% Choice                        -                    -

35 - 65% Choice      43     62.8    822-822      822  245.12-245.12     245.12

 0 - 35% Choice     963     63.2    805-940      874  242.00-250.00     248.16

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      32     62.0    774-774      774  224.50-224.50     224.50

35 - 65% Choice      66     59.4    793-793      793  237.18-237.18     237.18

 0 - 35% Choice     200     63.8    767-908      837  225.37-246.00     233.87

MIXED STEER/HEIFER

Over 80% Choice      81     63.4    731-797      766  245.66-251.65     248.47

65 - 80% Choice                        -                    -

35 - 65% Choice     183     62.7    732-876      800  230.97-244.85     236.77

 0 - 35% Choice     200     65.0    814-887      865  242.00-250.00     244.91

ALL STEERS & HEIFERS

                  2,007     63.3    731-940      849  224.50-257.54     244.54

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     232     59.5    774-853      816  232.97-241.74     237.67

65 - 80% Choice                        -                    -

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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      87     63.0  1,174-1,218   1,197 156.00-157.00     156.52

 0 - 35% Choice      83     64.1  1,123-1,126   1,125 153.00-153.00     153.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      68     63.9  1,160-1,445   1,294 150.59-154.00     152.40

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      42     62.8  1,274-1,274   1,274 145.40-145.40     145.40

65 - 80% Choice     194     63.6  1,215-1,216   1,215 150.05-151.79     151.45

35 - 65% Choice     393     63.4  1,116-1,344   1,273 146.52-157.00     153.15

 0 - 35% Choice     291     63.3  1,120-1,367   1,293 147.54-153.47     149.75

ALL STEERS & HEIFERS

                  1,158     63.4  1,116-1,445   1,253 145.40-157.00     151.93

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      83     61.4  1,241-1,410   1,327 139.84-146.00     142.96

65 - 80% Choice      68     61.9  1,416-1,416   1,416 146.00-146.00     146.00

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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