Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Aug 13, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 08/12/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,349     93,977      15,086       88,309      19,825      123,823

Live:       3,721     12,356       3,122       11,797       3,165       11,570

Total:     22,070    106,333      18,208      100,106      22,990      135,393



NEGOTIATED GRID NET:

Dressed:    1,250      6,737       2,652        6,565       1,273        8,699

Live:         842      1,845         733        2,042          45        1,512

Total:      2,092      8,582       3,385        8,607       1,318       10,211





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,946     64.4    743-977      898  254.65-296.06     263.68

65 - 80% Choice   1,768     64.5    795-964      914  250.00-258.81     256.52

35 - 65% Choice   3,277     64.2    821-944      891  248.50-259.02     255.11

 0 - 35% Choice   2,225     63.9    725-988      919  251.81-255.43     252.90

HEIFER

Over 80% Choice   1,554     64.6    735-901      815  254.33-296.30     263.02

65 - 80% Choice   3,321     65.0    710-877      792  254.50-260.63     256.74

35 - 65% Choice   1,095     64.8    724-811      769  251.08-255.67     253.63

 0 - 35% Choice     206     64.4    773-823      784  252.00-252.00     252.00

MIXED STEER/HEIFER

Over 80% Choice     189     63.8    761-875      825  252.00-279.91     265.96

65 - 80% Choice     108     63.3    729-810      772  257.84-258.59     258.24

35 - 65% Choice     142     63.2    842-876      859  248.50-253.87     251.15

 0 - 35% Choice     151     61.5    825-876      834  252.00-252.00     252.00

ALL STEERS & HEIFERS

                 16,982     64.4    710-988      861  248.50-296.30     257.44

MIXED STEER/HEIFER/COW

Over 80% Choice     180     63.9    865-865      865  255.09-255.09     255.09

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      54     62.3    875-875      875  248.63-248.63     248.63

65 - 80% Choice     390     62.4    857-869      862  244.67-252.94     248.42

35 - 65% Choice     527     61.5    825-876      852  249.44-254.01     250.81

 0 - 35% Choice     216     61.7    836-881      852  240.80-250.40     247.25





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     499     62.8  1,241-1,315   1,278 172.50-175.00     174.42

65 - 80% Choice     426     63.4  1,428-1,448   1,433 161.50-165.60     163.80

35 - 65% Choice     855     63.3  1,291-1,486   1,351 159.00-161.50     160.74

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     166     63.1  1,178-1,286   1,259 161.50-183.35     167.03

65 - 80% Choice     321     63.2  1,169-1,292   1,243 161.50-161.50     161.50

35 - 65% Choice     983     63.2  1,197-1,241   1,201 161.00-162.00     161.09

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      53     63.6  1,239-1,239   1,239 177.00-177.00     177.00

65 - 80% Choice                        -                    -

35 - 65% Choice      55     63.1  1,324-1,324   1,324 159.50-159.50     159.50

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,358     63.2  1,169-1,486   1,290 159.00-183.35     163.88

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     294     61.1  1,377-1,455   1,434 152.60-153.07     152.94

65 - 80% Choice                        -                    -

35 - 65% Choice      69     60.0  1,370-1,370   1,370 152.00-152.00     152.00

 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      30     63.2    867-867      867  250.79-250.79     250.79

65 - 80% Choice                        -                    -

35 - 65% Choice      46     61.2    828-873      860  249.64-258.00     252.18

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      44     62.7    781-781      781  255.78-255.78     255.78

65 - 80% Choice     147     64.2    681-790      739  253.81-257.86     255.45

35 - 65% Choice                        -                    -

 0 - 35% Choice     149     62.7    768-771      768  252.00-252.00     252.00

MIXED STEER/HEIFER

Over 80% Choice     209     64.0    737-814      776  254.71-264.80     260.93

65 - 80% Choice      29     62.0    849-849      849  254.81-254.81     254.81

35 - 65% Choice     354     64.7    733-815      793  248.39-254.00     251.71

 0 - 35% Choice      76     63.2    825-852      839  246.75-254.00     250.38

ALL STEERS & HEIFERS

                  1,084     63.8    681-873      788  246.75-264.80     254.18

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      12     59.1    889-889      889  250.64-250.64     250.64

65 - 80% Choice      46     57.3    763-864      805  232.66-232.82     232.73

35 - 65% Choice     108     58.9    743-758      753  241.09-243.19     241.75

 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     196     63.0  1,161-1,275   1,220 155.27-160.00     157.66

 0 - 35% Choice      89     65.1  1,315-1,396   1,366 161.00-162.00     161.37

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      29     64.0  1,216-1,216   1,216 162.00-162.00     162.00

35 - 65% Choice      83     63.6  1,154-1,176   1,165 160.00-162.00     161.01

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     168     64.7  1,096-1,149   1,122 159.68-161.00     160.36

 0 - 35% Choice     147     63.1  1,294-1,366   1,329 160.00-160.00     160.00

ALL STEERS & HEIFERS

                    712     63.8  1,096-1,396   1,231 155.27-162.00     159.81

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      25     59.1  1,452-1,452   1,452 154.00-154.00     154.00

65 - 80% Choice     105     62.3  1,314-1,314   1,314 155.94-155.94     155.94

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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