Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Aug 06, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 08/05/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   14,876     88,099      20,533       88,412      22,817      120,094

Live:       3,122     11,307       3,373        9,888       4,674       17,183

Total:     17,998     99,406      23,906       98,300      27,491      137,277



NEGOTIATED GRID NET:

Dressed:    2,652      6,462       1,594        5,280       2,267        9,956

Live:         733      2,042         618        1,438       1,915        1,915

Total:      3,385      8,504       2,212        6,718       4,182       11,871





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,842     64.1    771-1,028    895  257.55-298.43     269.19

65 - 80% Choice   3,935     64.5    747-959      910  247.27-264.30     258.42

35 - 65% Choice   2,273     63.8    820-947      891  244.00-262.84     256.55

 0 - 35% Choice     989     63.9    826-1,032    927  256.47-258.00     256.91

HEIFER

Over 80% Choice     958     64.4    707-901      809  255.88-292.36     265.56

65 - 80% Choice   1,442     64.3    729-848      791  255.76-265.30     259.81

35 - 65% Choice     566     65.0    711-791      764  255.13-261.48     258.83

 0 - 35% Choice     548     64.3    734-826      808  256.47-257.00     256.52

MIXED STEER/HEIFER

Over 80% Choice     282     63.7    682-881      781  256.50-265.22     260.22

65 - 80% Choice     247     64.3    802-834      810  256.98-260.23     258.64

35 - 65% Choice     393     65.8    636-860      832  245.19-259.81     257.50

 0 - 35% Choice     103     62.3    763-838      796  255.00-257.00     255.87

ALL STEERS & HEIFERS

                 13,578     64.3    636-1,032    868  244.00-298.43     260.05

MIXED STEER/HEIFER/COW

Over 80% Choice      86     62.7    757-757      757  262.98-262.98     262.98

65 - 80% Choice     195     61.8    622-856      722  247.25-253.91     249.85

35 - 65% Choice     167     61.5    713-878      805  242.93-253.11     248.55

 0 - 35% Choice     281     58.9    796-901      855  225.11-249.45     229.47

DAIRYBRED STEER/HEIFER

Over 80% Choice     135     62.9    876-876      876  258.33-258.33     258.33

65 - 80% Choice     217     60.4    796-877      825  253.42-256.68     255.46

35 - 65% Choice     217     62.0    848-878      855  251.42-252.42     252.07

 0 - 35% Choice                        -                    -





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     374     63.6  1,293-1,461   1,342 164.50-178.70     175.60

65 - 80% Choice     794     63.4  1,361-1,564   1,412 162.00-166.70     164.63

35 - 65% Choice     849     63.7  1,317-1,540   1,374 157.00-166.00     163.67

 0 - 35% Choice      91     64.1  1,369-1,369   1,369 164.50-164.50     164.50

HEIFER

Over 80% Choice      41     60.7  1,241-1,241   1,241 164.00-164.00     164.00

65 - 80% Choice     244     62.1  1,229-1,341   1,297 163.00-164.00     163.19

35 - 65% Choice     148     63.8  1,154-1,232   1,188 164.00-164.50     164.22

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     160     63.6  1,257-1,257   1,257 180.00-180.00     180.00

65 - 80% Choice                        -                    -

35 - 65% Choice      42     62.1  1,161-1,161   1,161 162.00-162.00     162.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,743     63.4  1,154-1,564   1,352 157.00-180.00     166.52

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     211     59.8  1,434-1,434   1,434 151.27-151.27     151.27

65 - 80% Choice      69     59.8  1,324-1,324   1,324 153.00-153.00     153.00

35 - 65% Choice      99     62.1  1,366-1,366   1,366 154.00-154.00     154.00

 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                        -                    -

65 - 80% Choice     249     63.0    732-925      907  244.00-250.07     249.09

35 - 65% Choice      20     60.9    824-824      824  247.46-247.46     247.46

 0 - 35% Choice     228     63.4    945-945      945  258.00-258.00     258.00

HEIFER

Over 80% Choice     288     63.4    789-818      812  264.68-265.35     264.81

65 - 80% Choice      88     64.6    732-732      732  266.73-266.73     266.73

35 - 65% Choice                        -                    -

 0 - 35% Choice      32     62.0    911-911      911  237.65-237.65     237.65

MIXED STEER/HEIFER

Over 80% Choice     876     63.4    684-853      768  240.99-265.80     256.21

65 - 80% Choice      99     62.7    784-860      823  242.30-246.33     245.03

35 - 65% Choice      42     64.2    758-758      758  255.00-255.00     255.00

 0 - 35% Choice      79     63.3    778-806      792  245.96-255.00     250.54

ALL STEERS & HEIFERS

                  2,001     63.3    684-945      816  237.65-266.73     256.04

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     295     60.7    832-880      873  250.48-252.06     251.82

 0 - 35% Choice     356     59.5    748-906      857  231.85-246.31     243.55

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





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     194     63.1  1,164-1,320   1,220 153.26-162.00     158.89

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      76     64.7  1,140-1,361   1,242 154.00-162.00     157.68

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     265     63.9  1,084-1,309   1,214 158.46-162.00     159.73

 0 - 35% Choice     107     63.2  1,197-1,205   1,203 160.00-160.13     160.10

ALL STEERS & HEIFERS

                    642     63.6  1,084-1,361   1,217 153.26-162.00     159.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      91     61.4  1,338-1,338   1,338 153.00-153.00     153.00

65 - 80% Choice                        -                    -

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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