Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Aug 26, 2014    USDA Market News



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

For Primarily Monday Afternoon, 08/25/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,266     53,716      14,504       46,058      28,459       59,398

Live:       5,037      5,833       2,563        4,229       4,210        4,903

Total:     23,303     59,549      17,067       50,287      32,669       64,301



NEGOTIATED GRID NET:

Dressed:    1,438      3,013       2,897        3,623       2,410        6,138

Live:         637      1,168         700        1,539       1,089        1,089

Total:      2,075      4,181       3,597        5,162       3,499        7,227





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,428     64.5    735-954      870  238.80-272.44     249.48

65 - 80% Choice   3,209     65.1    665-973      887  228.48-247.59     242.71

35 - 65% Choice   1,823     64.6    713-992      845  235.09-247.87     240.36

 0 - 35% Choice   2,211     63.3    719-967      888  237.22-244.60     242.31

HEIFER

Over 80% Choice   1,249     64.8    765-846      798  242.25-272.02     248.97

65 - 80% Choice   1,151     64.5    688-832      787  240.59-248.51     244.84

35 - 65% Choice   1,990     65.0    646-962      801  238.90-247.03     244.14

 0 - 35% Choice     378     65.1    644-856      810  238.88-243.00     242.28

MIXED STEER/HEIFER

Over 80% Choice     210     64.0    680-854      813  229.18-270.70     260.81

65 - 80% Choice     236     62.8    740-861      761  243.89-252.02     248.79

35 - 65% Choice     179     63.2    710-800      777  239.19-246.88     244.38

 0 - 35% Choice     125     63.4    796-832      808  242.00-243.00     242.66

ALL STEERS & HEIFERS

                 16,189     64.5    644-992      848  228.48-272.44     244.97

MIXED STEER/HEIFER/COW

Over 80% Choice      69     62.2    794-794      794  242.61-242.61     242.61

65 - 80% Choice   1,132     65.0    743-817      793  243.59-247.26     244.63

35 - 65% Choice     457     64.7    732-842      789  235.08-242.52     239.54

 0 - 35% Choice      74     62.0    894-894      894  234.86-234.86     234.86

DAIRYBRED STEER/HEIFER

Over 80% Choice      68     60.5    862-862      862  244.45-244.45     244.45

65 - 80% Choice      19     58.0    782-782      782  234.19-234.19     234.19

35 - 65% Choice     258     62.0    746-908      858  227.93-240.80     237.26

 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     156     64.0  1,381-1,427   1,395 154.00-156.50     155.65

65 - 80% Choice   1,113     63.7  1,288-1,495   1,417 155.50-157.42     156.72

35 - 65% Choice   1,165     63.5  1,231-1,490   1,399 152.96-157.42     155.94

 0 - 35% Choice     510     62.8  1,287-1,304   1,295 155.50-156.00     155.78

HEIFER

Over 80% Choice     541     63.0  1,196-1,344   1,261 153.04-157.42     156.27

65 - 80% Choice     257     61.8  1,246-1,468   1,321 155.00-156.50     155.51

35 - 65% Choice   1,015     63.1  1,128-1,286   1,209 152.80-156.50     154.94

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      79     60.6  1,153-1,316   1,236 153.50-154.00     153.75

65 - 80% Choice     140     62.0  1,333-1,333   1,333 169.25-169.25     169.25

35 - 65% Choice      61     61.2  1,104-1,354   1,252 154.00-154.00     154.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,037     63.2  1,104-1,495   1,329 152.80-169.25     156.21

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     284     63.6    708-936      851  247.70-405.11     265.63

65 - 80% Choice      48     60.9    672-672      672  255.95-255.95     255.95

35 - 65% Choice     251     65.3    772-820      794  238.38-241.70     239.64

 0 - 35% Choice     289     62.8    808-991      872  242.00-243.00     242.43

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      89     63.2    750-770      760  240.00-255.52     247.67

65 - 80% Choice      37     63.5    731-731      731  247.05-247.05     247.05

35 - 65% Choice     156     63.9    714-866      822  241.05-243.85     242.82

 0 - 35% Choice     162     64.2    838-886      860  236.71-244.00     242.32

ALL STEERS & HEIFERS

                  1,316     63.7    672-991      826  236.71-405.11     247.91

MIXED STEER/HEIFER/COW

Over 80% Choice      39     62.2    768-768      768  248.67-248.67     248.67

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      51     57.2    718-852      807  231.63-243.80     236.83

65 - 80% Choice      16     56.4    820-820      820  237.98-237.98     237.98

35 - 65% Choice      16     58.5    833-833      833  230.13-230.13     230.13

 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      78     64.9  1,218-1,218   1,218 153.00-153.00     153.00

 0 - 35% Choice      37     64.9  1,298-1,298   1,298 153.50-153.50     153.50

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     522     63.9  1,088-1,387   1,186 148.49-154.00     152.22

ALL STEERS & HEIFERS

                    637     64.1  1,088-1,387   1,196 148.49-154.00     152.39

MIXED STEER/HEIFER/COW

 No Reportable Trade.

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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