Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Aug 11, 2014    USDA Market News



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

For Primarily Friday Afternoon, 08/08/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   15,949    183,780      15,489      184,558      18,155      226,978

Live:       2,277     32,591       3,216       30,570       7,776       39,010

Total:     18,226    216,371      18,705      215,128      25,931      265,988



NEGOTIATED GRID NET:

Dressed:    1,446     14,294         676       13,181       1,388       23,757

Live:           0      2,790           0        3,590         210        4,586

Total:      1,446     17,084         676       16,771       1,598       28,343





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,090     63.9    750-956      881  254.00-281.37     264.04

65 - 80% Choice   2,351     63.9    795-941      891  252.41-260.26     255.01

35 - 65% Choice   3,490     64.4    759-936      891  253.15-260.54     255.72

 0 - 35% Choice   1,683     64.6    816-1,019    934  253.24-258.00     257.19

HEIFER

Over 80% Choice     825     64.2    760-864      793  253.13-281.37     261.20

65 - 80% Choice   1,522     64.1    718-824      785  253.17-262.48     255.80

35 - 65% Choice   1,037     64.3    606-786      748  252.95-259.96     255.99

 0 - 35% Choice     214     65.0    710-844      782  254.55-258.00     256.40

MIXED STEER/HEIFER

Over 80% Choice     684     62.8    651-860      775  250.19-277.79     270.63

65 - 80% Choice      16     63.8    879-879      879  256.05-256.05     256.05

35 - 65% Choice                        -                    -

 0 - 35% Choice      14     61.4    692-692      692  251.79-251.79     251.79

ALL STEERS & HEIFERS

                 13,926     64.1    606-1,019    859  250.19-281.37     258.12

MIXED STEER/HEIFER/COW

Over 80% Choice      47     62.0    757-757      757  258.70-258.70     258.70

65 - 80% Choice                        -                    -

35 - 65% Choice     190     63.7    773-881      812  245.26-257.53     253.14

 0 - 35% Choice      64     63.5    864-864      864  246.15-246.15     246.15

DAIRYBRED STEER/HEIFER

Over 80% Choice     151     60.8    772-852      817  245.27-254.71     249.90

65 - 80% Choice     732     60.9    780-884      853  244.60-252.81     248.37

35 - 65% Choice     644     61.5    748-898      858  245.26-250.73     249.40

 0 - 35% Choice     195     61.7    814-836      820  244.68-250.40     246.32





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     199     62.6  1,231-1,231   1,231 164.50-164.50     164.50

65 - 80% Choice     296     63.3  1,312-1,393   1,334 164.50-166.50     165.81

35 - 65% Choice   1,012     63.4  1,157-1,491   1,312 160.09-165.60     163.14

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      68     62.7  1,057-1,057   1,057 163.00-163.00     163.00

65 - 80% Choice      95     62.1  1,123-1,123   1,123 164.50-164.50     164.50

35 - 65% Choice     411     63.2  1,117-1,361   1,206 159.87-164.50     162.51

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      76     63.0  1,311-1,311   1,311 177.25-177.25     177.25

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,157     63.2  1,057-1,491   1,271 159.87-177.25     164.07

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     120     60.9  1,431-1,431   1,431 153.59-153.59     153.59

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      47     62.8    807-877      859  257.10-258.56     258.19

65 - 80% Choice     283     63.5    626-946      904  254.09-258.93     256.63

35 - 65% Choice     171     62.5    843-914      896  257.56-258.17     258.01

 0 - 35% Choice     420     63.5    832-943      897  257.00-258.00     257.53

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     262     63.2    713-820      788  256.07-262.45     260.02

65 - 80% Choice      43     63.5    851-851      851  260.37-260.37     260.37

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,226     63.3    626-946      872  254.09-262.45     258.05

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     196     60.1    760-930      849  245.10-249.88     247.98

65 - 80% Choice                        -                    -

35 - 65% Choice      24     64.0    900-900      900  243.28-243.28     243.28

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

 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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