Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jul 15, 2014    USDA Market News



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

For Primarily Monday Afternoon, 07/14/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   17,841     52,187      40,281       60,545      33,504       89,716

Live:       3,648      7,167       6,288        8,313       7,366        8,447

Total:     21,489     59,354      46,569       68,858      40,870       98,163



NEGOTIATED GRID NET:

Dressed:    2,819      4,345       1,674        4,551       3,152        4,496

Live:           0        318         479        2,465       1,216        1,301

Total:      2,819      4,663       2,153        7,016       4,368        5,797





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,512     63.9    721-943      862  241.67-293.71     261.62

65 - 80% Choice   2,437     64.4    860-949      915  243.98-254.20     248.95

35 - 65% Choice   2,538     64.7    730-1,005    833  244.59-252.45     246.81

 0 - 35% Choice   3,364     64.0    719-935      868  238.57-251.11     246.18

HEIFER

Over 80% Choice   2,087     63.9    699-858      780  250.31-297.47     260.19

65 - 80% Choice   1,831     64.3    703-866      785  223.31-254.60     249.06

35 - 65% Choice     319     64.2    717-839      795  245.58-251.86     248.84

 0 - 35% Choice     786     64.7    747-816      773  246.00-251.96     247.66

MIXED STEER/HEIFER

Over 80% Choice     566     65.0    764-913      837  248.00-276.79     271.33

65 - 80% Choice                        -                    -

35 - 65% Choice     293     63.2    683-887      773  244.38-246.72     245.14

 0 - 35% Choice     576     63.7    795-880      849  246.00-247.00     246.62

ALL STEERS & HEIFERS

                 16,309     64.2    683-1,005    839  223.31-297.47     251.23

MIXED STEER/HEIFER/COW

Over 80% Choice     307     64.4    823-829      824  254.46-257.98     257.22

65 - 80% Choice     228     64.7    690-690      690  221.51-221.51     221.51

35 - 65% Choice     199     66.2    688-823      789  248.06-249.64     248.45

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      81     61.1    863-863      863  247.33-247.33     247.33

65 - 80% Choice     178     61.9    770-856      813  240.00-245.01     242.48

35 - 65% Choice     327     61.2    835-860      842  241.26-244.01     241.99

 0 - 35% Choice     212     62.8    907-907      907  240.00-240.00     240.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      74     63.5  1,232-1,232   1,232 170.00-170.00     170.00

65 - 80% Choice     825     63.5  1,415-1,472   1,442 158.50-160.71     159.75

35 - 65% Choice   1,552     62.9  1,274-1,470   1,379 153.00-159.00     157.75

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     200     65.1  1,227-1,227   1,227 159.00-159.00     159.00

65 - 80% Choice     289     63.6  1,074-1,271   1,166 158.50-159.67     158.89

35 - 65% Choice     178     63.8  1,193-1,200   1,196 156.00-159.00     157.77

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      82     61.3  1,264-1,375   1,311 157.85-160.50     158.98

65 - 80% Choice     230     62.4  1,337-1,345   1,342 148.00-173.07     163.91

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,430     63.2  1,074-1,472   1,351 148.00-173.07     159.11

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      75     61.6  1,351-1,351   1,351 157.87-157.87     157.87

65 - 80% Choice     143     61.3  1,368-1,368   1,368 149.00-149.00     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      76     63.9    623-836      746  246.54-257.88     252.20

65 - 80% Choice     237     64.2    819-897      853  242.30-249.95     244.43

35 - 65% Choice     281     64.9    798-851      830  244.60-244.61     244.60

 0 - 35% Choice     721     63.5    815-869      852  246.00-246.00     246.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      90     62.8    722-722      722  246.00-246.00     246.00

MIXED STEER/HEIFER

Over 80% Choice     933     63.4    651-882      776  231.83-257.56     247.11

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,338     63.7    623-897      811  231.83-257.88     246.32

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     293     60.3    791-898      830  233.03-241.67     237.36

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     188     61.2    799-802      801  235.00-235.00     235.00





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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