Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Sep 03, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 09/02/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   23,296     54,181      18,271       97,829      30,903       82,591

Live:       5,816      8,110       3,746       11,866       7,718        9,758

Total:     29,112     62,291      22,017      109,695      38,621       92,349



NEGOTIATED GRID NET:

Dressed:    1,161      2,074       1,822        6,059       4,636        6,465

Live:       1,115      1,115         247        1,503       1,320        1,320

Total:      2,276      3,189       2,069        7,562       5,956        7,785





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,711     63.8    748-940      870  237.66-270.14     252.38

65 - 80% Choice   2,176     64.1    728-978      878  235.98-245.00     240.70

35 - 65% Choice   4,284     64.9    647-986      835  233.41-244.31     238.21

 0 - 35% Choice   3,415     63.9    802-1,006    928  232.54-246.33     243.68

HEIFER

Over 80% Choice   1,235     64.5    750-827      798  238.67-269.45     244.95

65 - 80% Choice   2,043     64.6    725-850      806  236.42-245.00     240.19

35 - 65% Choice     736     64.4    583-809      713  236.66-242.83     238.75

 0 - 35% Choice   2,345     65.0    726-888      824  241.59-246.33     244.28

MIXED STEER/HEIFER

Over 80% Choice     232     65.3    832-1,034    854  240.80-268.73     264.83

65 - 80% Choice     217     64.9    809-920      843  242.00-247.77     244.17

35 - 65% Choice     173     64.1    758-928      801  229.28-241.90     235.92

 0 - 35% Choice     192     63.4    767-881      779  245.00-245.00     245.00

ALL STEERS & HEIFERS

                 18,759     64.4    583-1,034    848  229.28-270.14     242.67

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice      65     65.3    831-831      831  240.72-240.72     240.72

35 - 65% Choice     396     63.9    672-913      802  222.85-236.69     231.03

 0 - 35% Choice     120     60.1    806-806      806  221.62-221.62     221.62

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,215     61.9    671-911      870  224.43-239.24     236.97

65 - 80% Choice   1,474     62.1    756-927      849  233.01-238.84     235.92

35 - 65% Choice   1,102     62.1    784-858      818  233.38-237.85     235.52

 0 - 35% Choice     165     60.9    762-852      815  232.12-239.00     234.49





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      74     63.0  1,376-1,376   1,376 164.40-164.40     164.40

65 - 80% Choice   1,535     63.9  1,343-1,486   1,415 152.53-156.50     154.19

35 - 65% Choice   2,026     63.5  1,210-1,534   1,376 152.00-157.42     154.27

 0 - 35% Choice     281     63.6  1,293-1,355   1,342 153.00-154.05     153.74

HEIFER

Over 80% Choice      96     65.6  1,140-1,140   1,140 156.00-156.00     156.00

65 - 80% Choice     424     64.0  1,147-1,280   1,217 152.50-156.50     155.02

35 - 65% Choice     640     63.4  1,098-1,441   1,204 151.00-156.00     153.93

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     359     62.8  1,253-1,288   1,279 153.50-170.85     165.22

65 - 80% Choice     144     62.0  1,348-1,348   1,348 169.14-169.14     169.14

35 - 65% Choice     237     64.9  1,374-1,374   1,374 155.00-155.00     155.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,816     63.6  1,098-1,534   1,343 151.00-170.85     155.47

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      45     63.5    736-794      751  240.93-248.40     242.92

65 - 80% Choice      64     63.0    705-917      838  241.83-247.38     245.30

35 - 65% Choice      55     63.0    738-827      801  237.49-248.02     244.96

 0 - 35% Choice     146     64.5    816-890      869  240.00-242.00     240.56

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      37     64.2    877-877      877  237.77-237.77     237.77

MIXED STEER/HEIFER

Over 80% Choice     177     63.1    768-864      794  236.95-248.73     246.68

65 - 80% Choice      42     61.5    692-767      713  242.60-254.88     251.37

35 - 65% Choice     279     63.9    718-879      820  229.11-242.00     236.96

 0 - 35% Choice     135     64.0    764-842      800  231.16-238.10     234.24

ALL STEERS & HEIFERS

                    980     63.6    692-917      814  229.11-254.88     240.79

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     136     60.8    799-903      847  234.73-242.28     238.82

65 - 80% Choice      45     58.2    804-813      806  236.94-238.33     237.99

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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     147     63.8  1,214-1,257   1,239 149.35-152.00     150.86

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     266     64.3  1,089-1,225   1,148 148.34-151.00     149.30

 0 - 35% Choice     580     63.5  1,009-1,322   1,194 145.22-151.50     149.54

ALL STEERS & HEIFERS

                    993     63.8  1,009-1,322   1,188 145.22-152.00     149.67

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      72     61.3  1,337-1,337   1,337 143.38-143.38     143.38

35 - 65% Choice      50     60.9  1,322-1,322   1,322 142.94-142.94     142.94

 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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