Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Jul 23, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 07/22/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   25,728     94,294      15,483       87,834      30,101      128,578

Live:       2,318     13,078       2,064       10,921       5,087       16,058

Total:     28,046    107,372      17,547       98,755      35,188      144,636



NEGOTIATED GRID NET:

Dressed:    1,895      6,699       2,185        8,071       4,814       13,917

Live:       1,809      2,129         482        1,122           0        2,200

Total:      3,704      8,828       2,667        9,193       4,814       16,117





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,468     64.0    764-959      892  246.46-285.97     256.40

65 - 80% Choice   5,326     64.7    669-930      887  234.10-251.20     246.21

35 - 65% Choice   6,235     64.8    649-925      886  237.41-248.35     244.80

 0 - 35% Choice   1,331     63.6    786-929      884  244.48-249.00     247.51

HEIFER

Over 80% Choice   2,669     63.7    663-849      777  242.80-287.12     256.49

65 - 80% Choice   3,134     64.3    721-882      785  243.13-249.65     247.48

35 - 65% Choice   1,822     64.3    694-857      779  243.04-248.12     245.42

 0 - 35% Choice     705     64.3    776-831      813  246.50-249.00     247.97

MIXED STEER/HEIFER

Over 80% Choice     320     63.7    722-877      781  249.22-270.82     257.32

65 - 80% Choice     177     64.5    733-859      802  246.77-249.82     248.83

35 - 65% Choice     369     64.6    733-822      787  244.96-248.44     246.18

 0 - 35% Choice     253     63.3    769-857      806  247.20-248.00     247.87

ALL STEERS & HEIFERS

                 24,809     64.4    649-959      848  234.10-287.12     248.38

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      86     61.9    831-890      865  224.91-229.52     226.84

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     126     61.8    798-879      820  240.91-252.75     247.28

65 - 80% Choice     300     62.4    724-882      837  234.35-244.50     241.37

35 - 65% Choice     353     62.2    808-879      851  238.47-242.85     239.78

 0 - 35% Choice      54     61.8    833-851      846  234.10-237.91     236.85





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      80     63.5  1,257-1,257   1,257 171.05-171.05     171.05

65 - 80% Choice     239     63.1  1,396-1,396   1,396 158.40-158.40     158.40

35 - 65% Choice     719     62.9  1,295-1,416   1,347 154.60-157.50     156.47

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     313     64.8  1,290-1,370   1,331 157.00-157.25     157.12

35 - 65% Choice     457     63.8  1,065-1,244   1,138 156.50-157.50     156.92

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     205     63.3  1,324-1,324   1,324 168.38-168.38     168.38

65 - 80% Choice                        -                    -

35 - 65% Choice      17     62.5  1,059-1,059   1,059 155.00-155.00     155.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,030     63.5  1,059-1,416   1,295 154.60-171.05     158.66

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     288     61.0  1,391-1,505   1,481 144.31-149.08     145.66

65 - 80% Choice                        -                    -

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      81     61.6    854-864      859  244.27-249.50     246.79

65 - 80% Choice      81     63.2    733-830      778  242.36-245.51     244.03

35 - 65% Choice      37     62.7    722-722      722  236.38-236.38     236.38

 0 - 35% Choice      19     64.5    880-880      880  241.00-241.00     241.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      80     63.4    747-747      747  250.93-250.93     250.93

35 - 65% Choice                        -                    -

 0 - 35% Choice     125     64.1    812-913      843  248.00-248.00     248.00

MIXED STEER/HEIFER

Over 80% Choice     219     64.0    749-886      787  240.34-257.23     250.84

65 - 80% Choice      42     64.4    839-839      839  243.00-243.00     243.00

35 - 65% Choice     301     64.1    612-851      771  229.54-245.68     241.99

 0 - 35% Choice     196     63.0    700-867      794  232.07-245.00     240.64

ALL STEERS & HEIFERS

                  1,181     63.6    612-913      793  229.54-257.23     244.96

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     543     59.9    732-912      841  231.36-242.36     237.95

65 - 80% Choice     158     58.3    753-851      790  229.91-236.31     233.82

35 - 65% Choice      13     57.6    810-810      810  234.27-234.27     234.27

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                        -                    -

65 - 80% Choice      44     62.4  1,137-1,137   1,137 153.00-153.00     153.00

35 - 65% Choice      22     63.5  1,289-1,289   1,289 155.00-155.00     155.00

 0 - 35% Choice     229     63.5  1,205-1,387   1,272 150.20-155.00     153.18

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      96     64.4  1,022-1,022   1,022 154.00-154.00     154.00

35 - 65% Choice     121     63.7  1,036-1,256   1,200 154.00-154.29     154.19

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      43     62.4  1,243-1,243   1,243 155.00-155.00     155.00

35 - 65% Choice     473     63.6  1,193-1,519   1,271 146.25-156.50     153.12

 0 - 35% Choice     425     63.2    973-1,376   1,234 138.93-155.00     150.08

ALL STEERS & HEIFERS

                  1,453     63.4    973-1,519   1,233 138.93-156.50     152.47

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      72     63.9  1,367-1,367   1,367 147.00-147.00     147.00

65 - 80% Choice     284     62.9  1,288-1,401   1,369 145.00-147.00     146.51

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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