Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Jul 31, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 07/30/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   20,568    118,497      20,780      124,339      27,118      194,133

Live:       2,287     14,989       5,001       19,318       3,027       18,814

Total:     22,855    133,486      25,781      143,657      30,145      212,947



NEGOTIATED GRID NET:

Dressed:    2,254      9,319       1,173        8,875       2,248       14,187

Live:         353      2,614           0        2,176           0        2,055

Total:      2,607     11,933       1,173       11,051       2,248       16,242





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     561     64.3    811-955      905  248.02-286.46     257.07

65 - 80% Choice   3,579     64.2    726-947      892  241.77-286.92     256.02

35 - 65% Choice   3,014     64.2    829-957      899  241.67-261.24     254.56

 0 - 35% Choice   5,630     63.7    826-985      897  255.00-262.38     258.96

HEIFER

Over 80% Choice   1,853     63.9    700-906      813  243.10-287.61     255.26

65 - 80% Choice   1,289     64.3    754-794      776  242.43-254.81     250.91

35 - 65% Choice     623     64.5    643-822      776  245.61-257.07     253.07

 0 - 35% Choice     777     64.1    769-807      788  256.00-260.00     257.82

MIXED STEER/HEIFER

Over 80% Choice     599     63.3    736-814      787  248.00-279.13     270.16

65 - 80% Choice                        -                    -

35 - 65% Choice      32     61.8    714-714      714  245.24-245.24     245.24

 0 - 35% Choice      86     63.7    835-899      860  257.00-257.00     257.00

ALL STEERS & HEIFERS

                 18,043     64.0    643-985      867  241.67-287.61     256.71

MIXED STEER/HEIFER/COW

Over 80% Choice     137     60.5    769-972      859  235.86-243.77     238.16

65 - 80% Choice     442     62.2    693-915      812  241.21-254.00     249.03

35 - 65% Choice     466     61.5    692-995      889  230.30-243.10     238.81

 0 - 35% Choice     322     58.0    679-1,050    921  215.98-234.41     224.54

DAIRYBRED STEER/HEIFER

Over 80% Choice     425     61.6    752-916      857  237.95-244.14     240.33

65 - 80% Choice     391     60.7    691-864      805  235.55-240.46     237.02

35 - 65% Choice     240     61.5    807-890      864  238.11-248.12     242.09

 0 - 35% Choice     102     59.5    847-898      871  251.00-251.00     251.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     195     62.5  1,425-1,445   1,433 163.31-174.60     167.65

65 - 80% Choice     439     64.0  1,375-1,551   1,500 156.50-166.70     162.17

35 - 65% Choice     911     63.7  1,342-1,481   1,412 156.50-166.70     165.09

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     169     64.4  1,165-1,176   1,171 156.50-156.50     156.50

35 - 65% Choice     288     63.9  1,153-1,297   1,235 156.50-163.25     159.43

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     165     63.0  1,229-1,260   1,238 165.00-183.25     170.20

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,167     63.7  1,153-1,551   1,376 156.50-183.25     163.70

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     120     61.2  1,489-1,489   1,489 156.15-156.15     156.15

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     280     62.6    811-922      855  227.92-254.18     240.76

65 - 80% Choice     112     62.2    769-860      808  245.04-255.81     248.01

35 - 65% Choice     295     64.6    761-778      776  240.17-240.50     240.46

 0 - 35% Choice      11     64.0    813-813      813  240.70-240.70     240.70

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      75     64.7    824-824      824  237.75-237.75     237.75

 0 - 35% Choice     126     63.6    747-747      747  237.00-237.00     237.00

MIXED STEER/HEIFER

Over 80% Choice     265     63.5    692-830      797  245.65-258.94     251.24

65 - 80% Choice      79     63.0    693-726      707  243.68-250.06     247.39

35 - 65% Choice      37     63.0    791-847      811  240.87-249.61     246.54

 0 - 35% Choice     378     63.8    731-835      789  227.15-257.00     245.43

ALL STEERS & HEIFERS

                  1,658     63.6    692-922      796  227.15-258.94     243.96

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      43     61.2    849-849      849  243.68-243.68     243.68

35 - 65% Choice     191     59.0    742-956      866  234.31-237.74     236.27

 0 - 35% Choice      38     57.3    844-844      844  228.44-228.44     228.44

DAIRYBRED STEER/HEIFER

Over 80% Choice     230     60.0    795-889      837  238.07-247.11     243.61

65 - 80% Choice      94     59.1    780-826      798  234.48-239.69     236.70

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      41     64.1  1,244-1,244   1,244 151.19-151.19     151.19

35 - 65% Choice     237     63.5  1,090-1,320   1,197 148.96-151.35     150.13

 0 - 35% Choice      37     64.6  1,217-1,217   1,217 150.12-150.12     150.12

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      38     64.6  1,198-1,198   1,198 152.08-152.08     152.08

ALL STEERS & HEIFERS

                    353     63.8  1,090-1,320   1,205 148.96-152.08     150.46

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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