Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Aug 04, 2014    USDA Market News



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

For Primarily Friday Afternoon, 08/01/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   15,489    184,558      18,054      189,511      17,409      265,140

Live:       3,216     30,570       3,715       27,188       4,639       32,904

Total:     18,705    215,128      21,769      216,699      22,048      298,044



NEGOTIATED GRID NET:

Dressed:      676     13,181         809       13,484       1,890       22,649

Live:           0      3,590           0        3,333         333        2,769

Total:        676     16,771         809       16,817       2,223       25,418





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,576     64.0    793-1,008    922  253.17-281.98     258.83

65 - 80% Choice   2,050     64.7    825-966      902  251.30-264.21     257.58

35 - 65% Choice   2,579     64.7    784-934      899  252.99-263.98     256.79

 0 - 35% Choice   2,394     63.4    774-1,000    888  255.00-260.00     258.92

HEIFER

Over 80% Choice   1,081     64.4    733-875      817  249.14-281.98     257.00

65 - 80% Choice     720     64.8    773-878      822  257.19-264.79     259.41

35 - 65% Choice   1,944     65.2    737-830      787  251.39-263.68     257.36

 0 - 35% Choice     855     63.4    719-872      808  257.00-260.00     258.38

MIXED STEER/HEIFER

Over 80% Choice      71     64.9    902-902      902  247.76-247.76     247.76

65 - 80% Choice      91     63.9    778-900      864  252.36-253.98     253.39

35 - 65% Choice     375     63.5    672-873      760  251.11-263.95     256.12

 0 - 35% Choice     357     63.3    716-901      807  255.00-260.00     257.54

ALL STEERS & HEIFERS

                 14,093     64.3    672-1,008    862  247.76-281.98     257.75

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     245     64.0    693-826      739  246.75-255.00     252.94

35 - 65% Choice      67     63.6    786-786      786  252.48-252.48     252.48

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     562     61.1    745-892      862  239.00-256.55     250.62

35 - 65% Choice     332     61.6    851-880      864  248.92-251.42     250.72

 0 - 35% Choice     190     61.2    872-872      872  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      75     64.2  1,168-1,322   1,250 165.00-165.50     165.27

65 - 80% Choice     766     63.8  1,301-1,488   1,381 165.50-166.70     166.33

35 - 65% Choice   1,530     63.4  1,320-1,445   1,383 157.00-166.70     165.55

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     256     63.9  1,208-1,292   1,251 166.00-166.50     166.21

65 - 80% Choice     278     64.3  1,179-1,262   1,218 165.50-166.50     166.05

35 - 65% Choice     126     63.5  1,129-1,144   1,139 156.00-156.00     156.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  3,031     63.6  1,129-1,488   1,342 156.00-166.70     165.44

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     61.1  1,476-1,476   1,476 155.98-155.98     155.98

65 - 80% Choice                        -                    -

35 - 65% Choice     105     61.1  1,358-1,374   1,363 145.54-156.31     149.13

 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      98     63.8    829-878      854  250.35-258.66     255.32

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      42     64.1    770-770      770  257.00-257.00     257.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      76     63.6    790-790      790  257.00-257.00     257.00

MIXED STEER/HEIFER

Over 80% Choice     129     63.4    687-811      753  249.56-265.62     257.94

65 - 80% Choice      40     62.9    823-823      823  242.18-242.18     242.18

35 - 65% Choice      80     63.8    696-696      696  239.25-239.25     239.25

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    465     63.6    687-878      778  239.25-265.62     252.58

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      97     60.1    828-907      862  244.19-250.92     247.49

65 - 80% Choice     101     59.0    815-897      841  241.87-246.41     243.46

35 - 65% Choice      13     53.4    683-683      683  227.18-227.18     227.18

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

 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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