Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Aug 08, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 08/07/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,654    153,844      12,787      150,559      11,473      197,573

Live:       5,305     25,434       4,775       23,315       3,513       27,812

Total:     23,959    179,278      17,562      173,874      14,986      225,385



NEGOTIATED GRID NET:

Dressed:      621     11,788       1,351       11,567       2,762       20,112

Live:         488      2,790         684        3,590          79        3,387

Total:      1,109     14,578       2,035       15,157       2,841       23,499





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,651     64.5    807-947      914  246.69-263.20     255.69

65 - 80% Choice   4,184     65.1    766-946      886  249.48-262.95     256.48

35 - 65% Choice   3,645     64.7    760-962      880  248.98-259.44     256.09

 0 - 35% Choice   2,392     63.9    784-995      906  252.12-259.38     257.22

HEIFER

Over 80% Choice   1,426     63.8    734-877      794  252.54-284.71     259.19

65 - 80% Choice   1,786     64.4    742-931      832  252.78-262.49     255.45

35 - 65% Choice     755     64.6    700-872      820  253.02-259.75     255.97

 0 - 35% Choice     834     63.2    720-826      794  256.47-260.00     258.20

MIXED STEER/HEIFER

Over 80% Choice     172     64.0    743-894      798  254.59-258.78     256.06

65 - 80% Choice                        -                    -

35 - 65% Choice      90     63.3    728-728      728  259.07-259.07     259.07

 0 - 35% Choice      85     63.1    781-829      803  257.00-260.00     258.41

ALL STEERS & HEIFERS

                 17,020     64.5    700-995      867  246.69-284.71     256.62

MIXED STEER/HEIFER/COW

Over 80% Choice      96     63.6    800-800      800  256.41-256.41     256.41

65 - 80% Choice      93     64.4    831-831      831  252.90-252.90     252.90

35 - 65% Choice     213     64.6    657-885      791  252.94-253.12     253.05

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     167     60.5    828-861      841  245.68-245.68     245.68

65 - 80% Choice     531     61.3    826-897      847  246.74-253.59     252.34

35 - 65% Choice     489     61.2    673-883      843  241.82-252.40     248.82

 0 - 35% Choice      45     59.6    783-783      783  246.64-246.64     246.64





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     783     63.7  1,231-1,483   1,424 164.00-166.00     165.14

65 - 80% Choice     182     63.2  1,396-1,424   1,402 164.50-165.00     164.60

35 - 65% Choice   2,674     63.0  1,029-1,485   1,339 156.13-168.00     163.73

 0 - 35% Choice     105     64.4  1,445-1,445   1,445 163.00-163.00     163.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     506     63.5  1,193-1,264   1,217 164.50-164.50     164.50

35 - 65% Choice     626     63.8  1,182-1,340   1,243 163.50-165.00     164.52

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     182     59.6  1,115-1,334   1,157 163.00-172.86     164.90

35 - 65% Choice     127     64.4  1,387-1,387   1,387 160.48-160.48     160.48

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,185     63.2  1,029-1,485   1,327 156.13-172.86     164.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     120     62.0  1,358-1,358   1,358 156.26-156.26     156.26

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      40     63.2    846-846      846  263.76-263.76     263.76

65 - 80% Choice                        -                    -

35 - 65% Choice      36     59.4    807-807      807  244.80-244.80     244.80

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      43     62.8    736-736      736  255.05-255.05     255.05

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     205     64.6    817-824      821  254.00-257.00     255.27

ALL STEERS & HEIFERS

                    324     63.6    736-846      811  244.80-263.76     255.13

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     127     60.3    804-856      828  246.00-251.92     249.21

65 - 80% Choice     136     60.3    758-879      827  243.12-249.62     246.35

35 - 65% Choice      34     58.8    804-804      804  242.31-242.31     242.31

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      14     63.8  1,269-1,269   1,269 162.00-162.00     162.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     393     63.5  1,199-1,243   1,229 159.33-162.00     160.38

 0 - 35% Choice      38     64.0  1,121-1,121   1,121 160.00-160.00     160.00

ALL STEERS & HEIFERS

                    445     63.6  1,121-1,269   1,221 159.33-162.00     160.40

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      43     64.5  1,213-1,213   1,213 155.07-155.07     155.07

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

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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