Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Aug 27, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 08/26/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,162     97,683      19,090       87,692      27,187      114,601

Live:       3,746     11,749       2,167        9,762       4,465       12,715

Total:     21,908    109,432      21,257       97,454      31,652      127,316



NEGOTIATED GRID NET:

Dressed:    1,560      5,797       1,641        6,320       3,967       11,521

Live:         247      1,503         609        2,148         192        1,321

Total:      1,807      7,300       2,250        8,468       4,159       12,842





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,974     63.7    793-974      895  241.48-285.49     254.74

65 - 80% Choice   2,534     63.9    672-932      892  240.06-246.42     243.03

35 - 65% Choice   2,094     64.2    816-953      892  239.23-247.01     242.70

 0 - 35% Choice   3,769     64.6    792-1,004    916  240.31-264.41     246.91

HEIFER

Over 80% Choice     984     63.8    764-845      796  244.67-285.49     258.99

65 - 80% Choice   1,636     64.4    750-853      796  241.14-248.11     245.34

35 - 65% Choice   1,532     64.6    774-889      797  234.00-247.24     244.75

 0 - 35% Choice     952     65.2    760-820      785  241.35-244.07     242.74

MIXED STEER/HEIFER

Over 80% Choice     448     63.4    718-885      802  242.57-277.33     257.16

65 - 80% Choice      43     64.1    831-831      831  247.30-247.30     247.30

35 - 65% Choice      42     61.0    685-685      685  242.51-242.51     242.51

 0 - 35% Choice      86     64.7    815-943      876  242.00-242.00     242.00

ALL STEERS & HEIFERS

                 16,094     64.3    672-1,004    864  234.00-285.49     247.09

MIXED STEER/HEIFER/COW

Over 80% Choice     304     63.7    817-817      817  249.99-249.99     249.99

65 - 80% Choice                        -                    -

35 - 65% Choice      81     63.0    740-740      740  243.27-243.27     243.27

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     755     61.6    776-931      913  239.38-244.30     240.64

65 - 80% Choice     464     61.8    820-897      867  239.55-241.88     240.17

35 - 65% Choice     330     62.1    858-866      861  237.77-240.52     239.02

 0 - 35% Choice     134     62.6    849-866      858  236.00-239.72     237.80





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     536     63.8  1,294-1,498   1,435 154.00-178.61     161.44

65 - 80% Choice     685     63.2  1,265-1,487   1,419 148.00-157.42     153.05

35 - 65% Choice     454     64.4  1,270-1,379   1,326 153.00-156.50     154.53

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     579     63.5  1,230-1,376   1,319 153.00-180.88     154.73

65 - 80% Choice     692     64.6  1,175-1,219   1,202 155.00-156.50     155.61

35 - 65% Choice     268     61.6  1,299-1,299   1,299 155.00-155.00     155.00

 0 - 35% Choice     132     62.3  1,135-1,135   1,135 155.00-155.00     155.00

MIXED STEER/HEIFER

Over 80% Choice     205     63.4  1,269-1,408   1,323 165.74-171.77     168.09

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  3,551     63.6  1,135-1,498   1,326 148.00-180.88     156.37

MIXED STEER/HEIFER/COW

  No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     195     61.4  1,446-1,446   1,446 148.34-148.34     148.34

65 - 80% Choice                        -                    -

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     237     62.2    724-900      802  245.24-252.38     248.57

65 - 80% Choice      42     61.2    744-744      744  238.54-238.54     238.54

35 - 65% Choice      33     63.5    962-962      962  236.56-236.56     236.56

 0 - 35% Choice     761     63.5    779-1,000    903  242.00-243.00     242.33

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      74     62.0    677-906      773  242.11-246.19     244.48

35 - 65% Choice                        -                    -

 0 - 35% Choice      45     65.7    871-871      871  243.00-243.00     243.00

MIXED STEER/HEIFER

Over 80% Choice     112     63.7    793-805      799  242.43-250.45     246.73

65 - 80% Choice      35     60.2    822-822      822  257.22-257.22     257.22

35 - 65% Choice                        -                    -

 0 - 35% Choice     183     64.3    798-857      839  242.00-242.00     242.00

ALL STEERS & HEIFERS

                  1,522     63.3    677-1,000    860  236.56-257.22     243.82

MIXED STEER/HEIFER/COW

  No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      38     60.7    824-824      824  250.00-250.00     250.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 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

  No Reportable Trade.

MIXED STEER/HEIFER

  No Reportable Trade.

ALL STEERS & HEIFERS

                                       -                    -

MIXED STEER/HEIFER/COW

  No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      71     62.4  1,378-1,378   1,378 148.53-148.53     148.53

35 - 65% Choice     176     62.0  1,357-1,357   1,357 147.30-147.30     147.30

 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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