Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jul 16, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 07/15/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   15,483     87,773      13,109       96,750      26,994      136,628

Live:       2,064     10,872       2,506       13,164       4,755       15,373

Total:     17,547     98,645      15,615      109,914      31,749      152,001



NEGOTIATED GRID NET:

Dressed:    2,185      8,060       1,811        8,642       2,719        9,241

Live:         482      1,122           0        2,607       1,431        2,732

Total:      2,667      9,182       1,811       11,249       4,150       11,973





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,574     63.9    730-947      868  246.16-288.82     260.08

65 - 80% Choice   2,730     64.1    846-940      903  246.85-253.64     249.71

35 - 65% Choice   2,526     64.2    796-938      886  243.23-250.64     247.66

 0 - 35% Choice   2,945     64.6    813-952      888  246.00-250.72     248.30

HEIFER

Over 80% Choice     573     64.5    742-836      793  250.90-283.45     259.29

65 - 80% Choice     851     63.5    729-802      759  248.17-290.15     258.58

35 - 65% Choice     228     64.5    752-870      793  249.60-251.22     249.96

 0 - 35% Choice     838     64.9    692-845      808  246.00-252.37     251.08

MIXED STEER/HEIFER

Over 80% Choice     335     64.3    680-927      811  250.00-273.43     254.54

65 - 80% Choice     113     63.1    669-862      775  241.39-252.90     247.27

35 - 65% Choice      31     61.3    694-725      705  246.35-248.58     247.79

 0 - 35% Choice     330     62.2    778-859      845  246.00-247.67     246.51

ALL STEERS & HEIFERS

                 14,074     64.2    669-952      865  241.39-290.15     251.97

MIXED STEER/HEIFER/COW

Over 80% Choice     134     64.4    790-829      809  252.45-254.15     253.33

65 - 80% Choice                        -                    -

35 - 65% Choice     129     64.0    798-817      807  246.60-249.19     248.01

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     137     61.4    750-885      797  244.09-250.92     247.84

65 - 80% Choice     630     61.7    660-883      830  237.31-247.29     245.44

35 - 65% Choice     173     61.7    848-883      859  243.01-244.55     243.62

 0 - 35% Choice     206     61.5    847-882      865  235.75-240.00     239.67





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     673     63.6  1,236-1,497   1,435 158.50-177.28     161.99

65 - 80% Choice     268     63.5  1,398-1,398   1,398 159.75-159.75     159.75

35 - 65% Choice     241     63.2  1,333-1,368   1,359 157.00-159.50     158.83

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     166     62.5  1,154-1,273   1,230 156.00-178.64     164.18

65 - 80% Choice      78     63.0  1,195-1,195   1,195 159.50-159.50     159.50

35 - 65% Choice     148     62.4  1,133-1,267   1,200 156.00-156.00     156.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  1,574     63.3  1,133-1,497   1,361 156.00-178.64     160.67

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     391     60.9  1,211-1,473   1,355 144.78-155.78     150.77

65 - 80% Choice                        -                    -

35 - 65% Choice      99     60.7  1,329-1,329   1,329 149.00-149.00     149.00

 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     201     63.4    751-847      797  237.60-253.87     247.45

65 - 80% Choice                        -                    -

35 - 65% Choice      11     60.7    848-848      848  234.09-234.09     234.09

 0 - 35% Choice     657     63.1    815-884      843  246.00-246.00     246.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     383     63.0    766-783      776  246.00-246.00     246.00

MIXED STEER/HEIFER

Over 80% Choice     165     63.9    750-806      777  255.07-256.36     255.70

65 - 80% Choice      12     60.8    861-861      861  239.05-239.05     239.05

35 - 65% Choice      81     64.7    804-844      823  243.63-243.78     243.70

 0 - 35% Choice     144     65.9    859-859      859  245.00-245.00     245.00

ALL STEERS & HEIFERS

                  1,654     63.5    750-884      816  234.09-256.36     246.81

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     417     59.7    723-897      828  232.71-243.67     239.82

65 - 80% Choice     114     59.8    780-873      838  227.89-235.99     230.44

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      18     61.9  1,187-1,187   1,187 154.06-154.06     154.06

35 - 65% Choice      17     62.3  1,448-1,448   1,448 152.34-152.34     152.34

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     121     63.6  1,168-1,182   1,177 151.36-154.54     153.49

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    156     63.2  1,168-1,448   1,208 151.36-154.54     153.43

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      92     61.6  1,359-1,436   1,379 147.18-148.49     148.15

65 - 80% Choice     234     61.8  1,258-1,427   1,405 146.74-149.08     148.77

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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