Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Aug 28, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 08/27/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   12,454    125,817      15,039      110,726      26,224      163,593

Live:       2,669     15,856       1,010       12,564       4,528       19,870

Total:     15,123    141,673      16,049      123,290      30,752      183,463



NEGOTIATED GRID NET:

Dressed:    1,943      9,577         949        8,718       2,007       15,506

Live:         415      2,487         570        3,013           0        1,321

Total:      2,358     12,064       1,519       11,731       2,007       16,827





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,397     64.0    782-925      886  241.56-270.04     250.47

65 - 80% Choice     459     64.9    786-938      916  239.98-247.81     242.05

35 - 65% Choice   1,605     64.3    732-948      886  238.68-247.46     242.61

 0 - 35% Choice   2,236     63.8    820-1,010    918  237.50-244.59     240.89

HEIFER

Over 80% Choice     669     64.6    730-884      815  243.33-272.37     255.06

65 - 80% Choice     932     65.3    755-836      806  243.15-249.14     244.83

35 - 65% Choice     663     64.5    800-850      810  242.97-253.87     247.86

 0 - 35% Choice     541     63.8    760-839      795  242.00-243.78     242.99

MIXED STEER/HEIFER

Over 80% Choice     396     63.4    761-838      805  242.00-264.30     257.99

65 - 80% Choice      41     63.4    773-773      773  240.00-240.00     240.00

35 - 65% Choice                        -                    -

 0 - 35% Choice      37     63.2    799-799      799  243.00-243.00     243.00

ALL STEERS & HEIFERS

                  9,976     64.2    730-1,010    868  237.50-272.37     246.10

MIXED STEER/HEIFER/COW

Over 80% Choice     433     63.8    799-828      820  244.47-250.09     248.40

65 - 80% Choice     298     65.7    794-794      794  239.92-239.92     239.92

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     261     62.5    796-902      850  234.64-238.49     236.14

65 - 80% Choice     512     61.6    802-918      861  236.07-239.83     237.38

35 - 65% Choice     635     60.7    796-862      829  227.66-240.96     236.11

 0 - 35% Choice     339     61.7    847-865      857  234.07-236.00     234.26





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     439     63.6  1,421-1,502   1,461 153.75-155.50     154.86

65 - 80% Choice     612     63.4  1,374-1,538   1,466 152.96-156.06     154.23

35 - 65% Choice     738     63.3  1,307-1,385   1,374 153.00-154.00     153.22

 0 - 35% Choice      93     61.8  1,201-1,560   1,413 153.00-153.50     153.30

HEIFER

Over 80% Choice      51     64.3  1,155-1,316   1,269 152.00-155.00     152.88

65 - 80% Choice     110     63.6  1,229-1,301   1,277 152.50-154.00     153.51

35 - 65% Choice     243     62.4  1,092-1,213   1,126 153.00-156.00     153.85

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     213     63.6  1,194-1,253   1,213 165.74-172.72     168.94

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,499     63.3  1,092-1,560   1,369 152.00-172.72     155.17

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      70     63.1  1,335-1,335   1,335 159.05-159.05     159.05

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     60.5  1,316-1,316   1,316 139.60-139.60     139.60

65 - 80% Choice                        -                    -

35 - 65% Choice      30     61.0  1,365-1,365   1,365 138.00-138.00     138.00

 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      74     62.6    769-842      824  238.00-250.09     246.14

65 - 80% Choice      37     61.4    797-797      797  246.86-246.86     246.86

35 - 65% Choice     215     64.3    820-918      839  240.17-250.33     242.11

 0 - 35% Choice     450     62.7    766-1,013    895  242.00-243.50     242.61

HEIFER

Over 80% Choice     206     63.1    837-837      837  243.47-243.47     243.47

65 - 80% Choice     284     63.4    721-833      769  222.93-238.80     229.75

35 - 65% Choice      31     62.2    732-732      732  253.09-253.09     253.09

 0 - 35% Choice      58     62.4    711-825      800  238.58-243.00     242.01

MIXED STEER/HEIFER

Over 80% Choice      50     63.1    817-840      833  249.20-255.47     250.96

65 - 80% Choice      43     63.3    777-777      777  242.57-242.57     242.57

35 - 65% Choice      80     62.7    785-785      785  240.54-240.54     240.54

 0 - 35% Choice     415     63.3    761-877      797  237.52-246.56     243.45

ALL STEERS & HEIFERS

                  1,943     63.1    711-1,013    825  222.93-255.47     241.44

MIXED STEER/HEIFER/COW

  No Reportable Trade.

DAIRYBRED STEER/HEIFER

  No Reportable Trade.



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      50     61.6  1,257-1,257   1,257 148.85-148.85     148.85

35 - 65% Choice      16     65.7  1,424-1,424   1,424 157.54-157.54     157.54

 0 - 35% Choice      87     64.6  1,256-1,256   1,256 151.21-151.21     151.21

HEIFER

  No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     262     63.5  1,202-1,329   1,262 144.30-153.22     149.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    415     63.6  1,202-1,424   1,266 144.30-157.54     149.77

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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