Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Aug 01, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 07/31/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   12,787    150,523      23,057      158,433      23,739      235,301

Live:       4,775     23,198       1,839       21,949       3,242       25,022

Total:     17,562    173,721      24,896      180,382      26,981      260,323



NEGOTIATED GRID NET:

Dressed:    1,351     11,551       1,192       11,934       1,968       18,861

Live:         684      3,540         750        2,998         381        2,436

Total:      2,035     15,091       1,942       14,932       2,349       21,297





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,349     65.2    820-991      937  248.72-283.89     256.81

65 - 80% Choice   1,363     64.6    869-997      924  249.10-259.70     256.42

35 - 65% Choice   2,161     64.3    705-966      903  225.85-259.70     252.97

 0 - 35% Choice   2,310     63.8    681-976      916  249.10-260.00     258.68

HEIFER

Over 80% Choice     610     64.3    752-848      817  253.86-285.13     263.47

65 - 80% Choice   1,171     64.8    780-894      838  253.86-259.70     258.25

35 - 65% Choice     748     64.4    739-898      828  252.86-259.70     255.37

 0 - 35% Choice     601     63.9    712-802      769  257.00-260.00     259.19

MIXED STEER/HEIFER

Over 80% Choice     150     64.5    727-818      802  256.86-284.60     273.04

65 - 80% Choice     120     63.0    649-890      810  243.53-254.70     248.99

35 - 65% Choice     137     63.2    707-781      740  227.31-248.87     236.91

 0 - 35% Choice     141     63.8    784-836      818  255.00-257.00     255.77

ALL STEERS & HEIFERS

                 10,861     64.4    649-997      883  225.85-285.13     256.83

MIXED STEER/HEIFER/COW

Over 80% Choice     364     64.3    810-810      810  263.86-263.86     263.86

65 - 80% Choice      72     65.0    820-820      820  262.18-262.18     262.18

35 - 65% Choice     340     64.6    677-881      786  225.18-254.00     240.61

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      21     60.9    815-815      815  240.61-240.61     240.61

65 - 80% Choice     560     61.4    765-862      830  241.68-257.64     250.97

35 - 65% Choice     416     61.9    813-885      834  251.42-253.42     252.37

 0 - 35% Choice     153     61.3    800-865      840  240.06-251.42     247.04





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,101     63.0  1,273-1,548   1,434 162.46-182.85     169.97

65 - 80% Choice                        -                    -

35 - 65% Choice   1,755     64.1  1,027-1,609   1,162 151.83-163.75     156.44

 0 - 35% Choice     327     64.1  1,153-1,324   1,238 151.96-159.36     156.23

HEIFER

Over 80% Choice     179     63.8  1,280-1,305   1,301 166.75-170.50     167.32

65 - 80% Choice     104     63.6  1,298-1,298   1,298 165.00-165.00     165.00

35 - 65% Choice     552     63.2  1,019-1,421   1,233 156.00-165.00     158.04

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     239     59.4  1,144-1,432   1,186 162.19-173.69     163.87

35 - 65% Choice                        -                    -

 0 - 35% Choice      67     63.4  1,178-1,178   1,178 159.22-159.22     159.22

ALL STEERS & HEIFERS

                  4,324     63.4  1,019-1,609   1,257 151.83-182.85     161.18

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     222     64.8  1,262-1,262   1,262 167.00-167.00     167.00

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     229     61.4  1,320-1,476   1,419 151.51-157.51     155.32

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     224     64.7    923-962      948  247.91-248.83     248.23

65 - 80% Choice                        -                    -

35 - 65% Choice      77     62.1    948-948      948  250.23-250.23     250.23

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     220     63.7    759-798      793  248.33-257.20     249.38

65 - 80% Choice      56     62.7    778-846      794  245.44-257.05     248.14

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     178     62.8    739-834      774  242.78-263.69     252.96

65 - 80% Choice      41     62.9    710-777      757  241.87-259.01     246.89

35 - 65% Choice     134     63.6    736-804      765  241.50-256.00     250.94

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    930     63.5    710-962      834  241.50-263.69     249.90

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     203     65.7    886-886      886  253.00-253.00     253.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     195     60.2    820-906      852  242.09-251.73     246.54

65 - 80% Choice      23     58.7    785-785      785  244.41-244.41     244.41

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      38     64.3  1,322-1,322   1,322 160.00-160.00     160.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      25     65.6  1,025-1,025   1,025 155.00-155.00     155.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     302     64.7  1,175-1,196   1,194 152.64-162.00     153.45

 0 - 35% Choice     241     63.8  1,161-1,471   1,317 151.29-160.00     152.84

ALL STEERS & HEIFERS

                    606     64.4  1,025-1,471   1,244 151.29-162.00     153.68

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      65     60.6  1,258-1,258   1,258 145.00-145.00     145.00

35 - 65% Choice                        -                    -

 0 - 35% Choice      13     64.4  1,167-1,167   1,167 153.00-153.00     153.00





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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