Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Jul 21, 2014    USDA Market News



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

For Primarily Friday Afternoon, 07/18/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,800    184,917      10,835      200,184      22,957      251,096

Live:       2,686     26,411       5,879       35,469       8,339       39,324

Total:     21,486    211,328      16,714      235,653      31,296      290,420



NEGOTIATED GRID NET:

Dressed:    1,836     19,773       2,239       19,278       2,346       21,672

Live:         720      2,756       1,309        4,988         243        3,789

Total:      2,556     22,529       3,548       24,266       2,589       25,461





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,015     64.5    713-938      887  243.66-254.67     249.14

65 - 80% Choice   2,047     64.3    776-932      897  240.50-248.86     245.76

35 - 65% Choice   3,233     64.3    778-969      881  236.44-248.89     245.41

 0 - 35% Choice   2,090     63.3    802-968      882  243.11-249.00     246.13

HEIFER

Over 80% Choice   2,117     64.0    748-824      784  226.74-252.72     247.17

65 - 80% Choice   1,943     64.4    752-830      794  225.49-250.83     247.23

35 - 65% Choice   1,929     64.1    730-827      776  244.41-249.41     246.43

 0 - 35% Choice   1,097     65.4    768-831      798  245.84-247.67     246.73

MIXED STEER/HEIFER

Over 80% Choice     259     63.8    723-883      792  249.83-272.21     258.46

65 - 80% Choice     140     62.9    757-927      781  245.01-251.09     250.10

35 - 65% Choice      50     63.2    725-725      725  246.31-246.31     246.31

 0 - 35% Choice      19     63.4    819-819      819  233.23-233.23     233.23

ALL STEERS & HEIFERS

                 16,939     64.2    713-969      842  225.49-272.21     246.84

MIXED STEER/HEIFER/COW

Over 80% Choice     541     64.1    729-832      797  246.16-253.69     251.18

65 - 80% Choice      98     62.8    741-750      748  222.02-248.73     240.55

35 - 65% Choice     176     64.3    771-981      902  233.74-247.23     239.11

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     347     59.4    753-857      803  240.83-247.44     243.06

65 - 80% Choice     389     61.6    839-892      862  240.39-242.81     241.81

35 - 65% Choice     310     61.5    807-893      864  236.82-242.55     239.75

 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     147     63.2  1,373-1,373   1,373 157.86-157.86     157.86

65 - 80% Choice     355     64.3  1,300-1,398   1,330 157.25-157.50     157.42

35 - 65% Choice     809     63.4  1,176-1,530   1,324 156.02-158.40     157.05

 0 - 35% Choice     151     62.9  1,153-1,153   1,153 152.96-152.96     152.96

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     385     64.4  1,107-1,298   1,176 155.82-157.50     156.57

35 - 65% Choice     272     63.0  1,147-1,346   1,331 155.59-158.00     157.82

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      61     61.2  1,216-1,216   1,216 157.50-157.50     157.50

65 - 80% Choice     311     59.3  1,129-1,176   1,157 161.02-163.00     162.04

35 - 65% Choice      45     62.5  1,108-1,108   1,108 152.84-152.84     152.84

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,536     63.0  1,107-1,530   1,269 152.84-163.00     157.46

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     150     61.8  1,397-1,486   1,444 145.15-149.56     147.50

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     179     63.4    749-870      813  247.66-251.19     250.25

65 - 80% Choice                        -                    -

35 - 65% Choice      20     64.2    626-626      626  244.76-244.76     244.76

 0 - 35% Choice     521     63.8    833-934      899  246.00-246.00     246.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     247     62.2    854-928      888  225.40-246.00     236.32

MIXED STEER/HEIFER

Over 80% Choice     344     62.9    763-878      802  241.08-248.86     243.78

65 - 80% Choice                        -                    -

35 - 65% Choice     106     64.1    854-928      878  245.00-245.43     245.14

 0 - 35% Choice     197     65.3    782-894      882  227.99-244.00     242.62

ALL STEERS & HEIFERS

                  1,614     63.5    626-934      860  225.40-251.19     244.03

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      37     65.0    658-658      658  245.46-245.46     245.46

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     152     59.5    791-862      827  229.36-240.74     238.22

65 - 80% Choice      33     58.9    835-835      835  234.00-234.00     234.00

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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     282     64.1  1,191-1,369   1,229 151.54-155.00     154.14

 0 - 35% Choice     108     64.2  1,158-1,313   1,233 152.00-155.00     153.24

ALL STEERS & HEIFERS

                    390     64.1  1,158-1,369   1,230 151.54-155.00     153.89

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      44     62.2  1,420-1,420   1,420 147.66-147.66     147.66

65 - 80% Choice     248     61.9  1,383-1,384   1,384 146.94-147.13     147.03

35 - 65% Choice                        -                    -

 0 - 35% Choice      38     61.2  1,262-1,262   1,262 145.38-145.38     145.38





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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