Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Jul 22, 2014    USDA Market News



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

For Primarily Monday Afternoon, 07/21/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   22,457     52,944      18,170       52,596      55,792       75,671

Live:       4,490      7,226       3,564        7,132       5,413        8,867

Total:     26,947     60,170      21,734       59,728      61,205       84,538



NEGOTIATED GRID NET:

Dressed:    1,637      3,406       2,819        4,356       3,545        5,939

Live:           0          0           0          318       2,068        2,153

Total:      1,637      3,406       2,819        4,674       5,613        8,092





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,880     64.1    659-937      866  231.84-275.43     252.02

65 - 80% Choice   2,711     64.8    792-939      871  224.04-249.30     246.44

35 - 65% Choice   2,933     64.3    675-956      853  224.49-250.12     244.02

 0 - 35% Choice   3,018     64.0    769-958      868  240.75-249.00     246.52

HEIFER

Over 80% Choice   2,525     63.6    696-885      781  243.09-274.27     251.10

65 - 80% Choice   2,356     64.7    723-865      800  245.95-251.28     248.05

35 - 65% Choice   1,389     64.3    727-888      784  242.55-247.70     245.62

 0 - 35% Choice     529     64.0    714-846      790  246.50-247.20     247.17

MIXED STEER/HEIFER

Over 80% Choice     876     64.6    770-849      814  246.00-274.39     265.42

65 - 80% Choice     470     64.4    809-926      859  244.49-248.94     247.00

35 - 65% Choice     286     63.8    660-735      693  241.65-248.58     244.09

 0 - 35% Choice     218     61.8    802-842      834  247.20-249.00     248.65

ALL STEERS & HEIFERS

                 19,191     64.3    659-958      832  224.04-275.43     248.27

MIXED STEER/HEIFER/COW

Over 80% Choice      23     67.9    923-923      923  242.47-242.47     242.47

65 - 80% Choice     124     64.4    662-662      662  240.24-240.24     240.24

35 - 65% Choice     589     64.3    700-871      716  239.09-241.42     241.20

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     393     61.2    753-929      823  238.16-243.63     241.82

65 - 80% Choice   1,110     62.1    739-926      848  236.61-244.80     240.94

35 - 65% Choice   1,027     62.3    782-878      844  238.03-243.39     240.14

 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     370     64.6  1,452-1,483   1,468 156.50-157.00     156.75

65 - 80% Choice   1,738     63.7  1,235-1,442   1,395 157.00-158.40     157.61

35 - 65% Choice   1,110     63.8  1,293-1,484   1,372 156.00-157.25     156.72

 0 - 35% Choice     129     64.1  1,364-1,364   1,364 156.00-156.00     156.00

HEIFER

Over 80% Choice     189     65.0  1,296-1,296   1,296 157.25-157.25     157.25

65 - 80% Choice     305     63.5  1,140-1,270   1,218 156.00-157.50     156.93

35 - 65% Choice     360     62.7  1,274-1,311   1,294 156.00-157.00     156.47

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     61.0  1,382-1,382   1,382 160.50-160.50     160.50

65 - 80% Choice     115     61.0  1,307-1,307   1,307 170.82-170.82     170.82

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  4,351     63.7  1,140-1,484   1,367 156.00-170.82     157.47

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      61     61.3  1,323-1,414   1,362 147.78-147.78     147.78

65 - 80% Choice                        -                    -

35 - 65% Choice      78     61.7  1,340-1,340   1,340 147.78-147.78     147.78

 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      63     62.2    671-824      722  234.35-249.36     246.46

65 - 80% Choice     163     65.0    814-853      818  240.48-244.32     240.80

35 - 65% Choice                        -                    -

 0 - 35% Choice     520     63.9    594-851      817  238.72-246.00     243.36

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      50     62.6    716-716      716  248.00-248.00     248.00

MIXED STEER/HEIFER

Over 80% Choice     103     63.9    729-780      757  246.00-255.15     250.29

65 - 80% Choice      35     61.8    785-785      785  235.17-235.17     235.17

35 - 65% Choice      65     62.0    836-852      849  230.45-238.04     231.73

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    999     63.7    594-853      801  230.45-255.15     243.04

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     513     59.6    720-885      824  231.60-241.77     236.62

65 - 80% Choice      12     56.1    786-786      786  231.51-231.51     231.51

35 - 65% Choice      36     58.0    762-762      762  232.87-232.87     232.87

 0 - 35% Choice      77     57.7    746-746      746  236.00-236.00     236.00





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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