Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jul 17, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 07/16/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   20,281    119,113      15,635      130,990      31,826      185,912

Live:       1,231     14,960       5,904       22,537       3,596       21,676

Total:     21,512    134,073      21,539      153,527      35,422      207,588



NEGOTIATED GRID NET:

Dressed:    2,779     13,272       2,166       13,218       2,864       13,534

Live:          40      1,939         264        3,375         486        3,218

Total:      2,819     15,211       2,430       16,593       3,350       16,752





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,549     64.6    749-942      867  244.34-279.22     255.60

65 - 80% Choice   3,552     64.1    716-928      885  232.84-252.58     244.77

35 - 65% Choice   3,653     64.1    795-941      895  233.64-276.65     242.73

 0 - 35% Choice   1,632     63.6    792-930      865  242.50-249.90     246.57

HEIFER

Over 80% Choice   1,857     64.0    657-875      778  244.25-271.99     252.69

65 - 80% Choice   2,712     64.7    691-836      790  234.14-253.26     245.87

35 - 65% Choice     955     64.5    689-837      765  234.32-248.11     246.16

 0 - 35% Choice     627     63.8    723-824      795  246.00-248.17     247.46

MIXED STEER/HEIFER

Over 80% Choice     300     63.2    656-858      786  239.56-275.68     252.16

65 - 80% Choice     371     63.8    723-915      817  245.41-249.46     246.88

35 - 65% Choice     271     64.4    634-802      773  241.80-247.73     246.33

 0 - 35% Choice     344     65.3    818-824      819  246.00-247.00     246.87

ALL STEERS & HEIFERS

                 17,823     64.2    634-942      842  232.84-279.22     246.85

MIXED STEER/HEIFER/COW

Over 80% Choice     231     61.9    750-806      766  238.97-248.38     245.69

65 - 80% Choice     151     63.6    797-830      809  241.98-247.86     245.76

35 - 65% Choice     203     63.1    639-840      777  240.05-242.72     241.41

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     459     61.0    698-897      795  232.92-249.14     243.19

65 - 80% Choice     586     61.6    806-845      829  236.86-245.01     243.36

35 - 65% Choice     828     60.3    726-877      826  214.20-244.01     236.43

 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      42     63.1  1,366-1,366   1,366 158.00-158.00     158.00

65 - 80% Choice     338     63.1  1,301-1,481   1,447 156.37-159.00     158.27

35 - 65% Choice     151     64.7  1,437-1,437   1,437 156.37-156.37     156.37

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     373     63.7  1,270-1,359   1,306 155.00-157.00     156.20

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     130     63.5  1,211-1,328   1,251 163.13-173.97     166.80

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,034     63.6  1,211-1,481   1,367 155.00-173.97     158.31

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      80     61.3  1,483-1,483   1,483 147.02-147.02     147.02

35 - 65% Choice     117     61.9  1,419-1,419   1,419 146.52-146.52     146.52

 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     313     63.6    754-918      872  246.41-255.21     251.25

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice   1,279     63.4    830-945      899  246.00-250.00     246.47

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      42     63.2    691-691      691  243.94-243.94     243.94

 0 - 35% Choice     259     63.3    781-797      787  246.00-246.00     246.00

MIXED STEER/HEIFER

Over 80% Choice     158     62.3    756-819      783  248.80-256.01     252.38

65 - 80% Choice                        -                    -

35 - 65% Choice      19     62.0    735-735      735  238.97-238.97     238.97

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,070     63.3    691-945      866  238.97-256.01     247.46

MIXED STEER/HEIFER/COW

Over 80% Choice      26     64.5    752-752      752  251.41-251.41     251.41

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     568     59.4    775-918      840  231.75-242.54     237.97

65 - 80% Choice     115     59.4    704-800      740  226.48-237.00     234.56

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

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      40     61.1  1,382-1,382   1,382 147.11-147.11     147.11

 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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