Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Jul 25, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 07/24/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   22,638    157,650      17,939      151,756      11,073      215,384

Live:       1,839     21,949       2,134       20,724       3,989       26,889

Total:     24,477    179,599      20,073      172,480      15,062      242,273



NEGOTIATED GRID NET:

Dressed:    1,192     11,934       2,373       16,322       2,035       25,182

Live:         750      2,998          97        2,036         790        4,483

Total:      1,942     14,932       2,470       18,358       2,825       29,665





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,171     64.6    779-971      906  244.23-275.08     249.00

65 - 80% Choice   3,253     64.6    754-975      899  233.17-251.16     246.41

35 - 65% Choice   5,916     64.4    725-974      880  242.23-250.91     245.80

 0 - 35% Choice   3,165     64.2    608-967      888  238.19-250.91     246.19

HEIFER

Over 80% Choice   1,528     64.1    726-855      814  242.61-251.97     250.10

65 - 80% Choice   1,622     64.3    639-882      810  243.46-248.50     246.70

35 - 65% Choice   2,244     64.4    649-899      800  238.19-249.18     242.82

 0 - 35% Choice     624     64.3    629-866      817  238.96-249.00     245.56

MIXED STEER/HEIFER

Over 80% Choice     257     63.8    772-885      835  244.16-275.32     251.78

65 - 80% Choice      82     63.8    643-798      720  247.61-249.47     248.54

35 - 65% Choice      68     63.3    815-815      815  242.44-242.44     242.44

 0 - 35% Choice      38     64.8    924-924      924  248.00-248.00     248.00

ALL STEERS & HEIFERS

                 20,968     64.4    608-975      865  233.17-275.32     246.42

MIXED STEER/HEIFER/COW

Over 80% Choice      81     63.5    877-877      877  242.22-242.22     242.22

65 - 80% Choice     358     64.3    768-868      842  242.49-247.09     244.80

35 - 65% Choice     382     63.9    841-921      865  224.58-244.00     242.24

 0 - 35% Choice     252     62.4    784-784      784  240.00-240.00     240.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     206     61.3    838-862      850  241.32-241.32     241.32

65 - 80% Choice     272     60.9    759-851      833  230.45-241.32     236.56

35 - 65% Choice      79     60.0    688-826      758  236.48-240.32     238.42

 0 - 35% Choice      40     59.9    741-741      741  235.93-235.93     235.93





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     263     62.6  1,405-1,490   1,443 156.07-161.50     161.25

65 - 80% Choice     190     62.3  1,386-1,386   1,386 158.33-158.33     158.33

35 - 65% Choice   1,243     63.9  1,166-1,494   1,332 152.01-158.73     155.62

 0 - 35% Choice                        -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      63     60.0  1,230-1,301   1,269 162.84-165.84     164.51

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,759     63.4  1,166-1,494   1,352 152.01-165.84     157.07

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     61.3  1,464-1,464   1,464 147.59-147.59     147.59

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     137     62.6    789-889      858  239.22-251.19     247.71

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      64     62.9    806-925      845  248.00-248.00     248.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     500     63.3    734-928      841  248.00-248.00     248.00

MIXED STEER/HEIFER

Over 80% Choice     203     63.3    807-834      814  243.92-251.37     245.92

65 - 80% Choice      55     63.8    741-868      831  242.36-247.45     245.97

35 - 65% Choice      20     62.0    751-751      751  244.15-244.15     244.15

 0 - 35% Choice      40     65.1    806-806      806  232.73-232.73     232.73

ALL STEERS & HEIFERS

                  1,019     63.3    734-928      834  232.73-251.37     246.76

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     173     59.4    798-873      832  235.20-242.06     240.04

65 - 80% Choice                        -                    -

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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      39     63.7  1,250-1,250   1,250 153.00-153.00     153.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      32     62.6  1,413-1,413   1,413 149.25-149.25     149.25

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      18     62.8  1,443-1,443   1,443 144.00-144.00     144.00

35 - 65% Choice     362     63.8  1,143-1,302   1,204 148.86-155.00     152.81

 0 - 35% Choice     154     62.4  1,171-1,410   1,296 147.49-153.00     149.99

ALL STEERS & HEIFERS

                    605     63.3  1,143-1,443   1,249 144.00-155.00     151.66

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     145     60.6  1,329-1,329   1,329 141.99-141.99     141.99

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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