Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Sep 04, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 09/03/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   16,958     95,318      12,454      125,817      18,420      125,980

Live:       2,816     14,279       2,669       16,174       6,523       19,007

Total:     19,774    109,597      15,123      141,991      24,943      144,987



NEGOTIATED GRID NET:

Dressed:    1,322      4,529       1,781        9,415       2,855       11,527

Live:       1,199      2,659         415        2,487         906        2,978

Total:      2,521      7,188       2,196       11,902       3,761       14,505





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,369     64.2    822-1,002    913  234.61-274.49     244.51

65 - 80% Choice   1,937     64.0    813-947      896  235.93-245.46     241.11

35 - 65% Choice   1,740     64.4    801-938      895  236.42-241.60     239.66

 0 - 35% Choice   2,970     64.1    850-1,008    926  237.50-263.81     248.99

HEIFER

Over 80% Choice     603     64.4    796-875      827  243.15-279.51     253.77

65 - 80% Choice   2,376     64.8    763-860      787  238.38-242.76     240.90

35 - 65% Choice   2,013     64.7    703-857      800  236.03-243.01     240.19

 0 - 35% Choice   1,267     64.3    687-845      813  243.06-268.45     253.32

MIXED STEER/HEIFER

Over 80% Choice     400     62.3    764-816      775  273.32-281.42     279.72

65 - 80% Choice      41     64.0    833-833      833  245.03-245.03     245.03

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                 15,716     64.3    687-1,008    863  234.61-281.42     245.27

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     174     60.9    769-842      794  233.57-236.07     234.45

65 - 80% Choice     510     61.7    792-895      866  223.93-240.21     235.33

35 - 65% Choice     558     62.3    823-889      862  231.43-237.10     234.33

 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     513     63.9  1,214-1,450   1,378 156.50-179.71     165.03

65 - 80% Choice     597     63.6  1,438-1,512   1,466 154.84-156.06     155.68

35 - 65% Choice     928     63.6  1,135-1,546   1,434 155.00-156.06     155.37

 0 - 35% Choice     170     62.0  1,318-1,398   1,381 155.00-156.50     155.96

HEIFER

Over 80% Choice     368     63.8  1,180-1,343   1,324 157.50-171.94     159.36

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,576     63.6  1,135-1,546   1,411 154.84-179.71     157.97

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     139     60.3  1,507-1,507   1,507 144.65-144.65     144.65

65 - 80% Choice     101     60.9  1,444-1,444   1,444 145.99-145.99     145.99

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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      99     64.0    919-919      919  240.94-240.94     240.94

 0 - 35% Choice     486     62.8    822-1,000    902  245.00-246.00     245.09

HEIFER

Over 80% Choice      17     64.9    841-841      841  239.00-239.00     239.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      40     64.7    778-778      778  247.22-247.22     247.22

65 - 80% Choice                        -                    -

35 - 65% Choice      88     64.3    728-728      728  240.75-240.75     240.75

 0 - 35% Choice     126     64.0    820-826      822  230.01-245.00     240.12

ALL STEERS & HEIFERS

                    856     63.4    728-1,000    868  230.01-247.22     243.41

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     301     60.1    746-944      834  232.38-243.09     238.03

65 - 80% Choice     139     60.7    801-859      824  231.65-241.60     236.18

35 - 65% Choice      26     61.3    739-739      739  239.37-239.37     239.37

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     101     63.5  1,266-1,333   1,301 151.83-152.00     151.92

 0 - 35% Choice      62     62.8  1,350-1,350   1,350 147.34-147.34     147.34

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     130     63.5  1,080-1,225   1,182 139.36-152.00     148.21

 0 - 35% Choice     604     63.1  1,127-1,424   1,215 143.59-150.05     148.55

ALL STEERS & HEIFERS

                    897     63.1  1,080-1,424   1,229 139.36-152.00     148.79

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     112     61.8  1,385-1,385   1,385 143.64-143.64     143.64

65 - 80% Choice     165     61.5  1,295-1,411   1,377 142.86-143.00     142.90

35 - 65% Choice      25     61.3  1,232-1,232   1,232 142.00-142.00     142.00

 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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