Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Sep 17, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 09/16/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   21,713     93,938      15,386       96,424       7,881      118,417

Live:       2,643     12,849       3,491       14,536       3,895       13,276

Total:     24,356    106,787      18,877      110,960      11,776      131,693



NEGOTIATED GRID NET:

Dressed:    1,706      6,047       1,038        5,799       1,445        9,656

Live:         226        438         398          540       1,009        1,825

Total:      1,932      6,485       1,436        6,339       2,454       11,481





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,787     64.6    795-985      915  246.11-287.00     267.11

65 - 80% Choice   3,758     64.9    653-1,016    919  244.45-268.76     253.10

35 - 65% Choice   5,609     64.8    727-979      885  239.83-255.59     250.48

 0 - 35% Choice   1,921     63.8    758-1,021    921  240.71-252.02     250.15

HEIFER

Over 80% Choice   1,694     64.1    741-927      813  253.60-290.50     266.01

65 - 80% Choice   1,484     65.0    723-870      821  244.76-260.45     254.18

35 - 65% Choice   1,380     65.1    714-892      815  242.42-261.00     254.10

 0 - 35% Choice     317     63.6    746-861      790  249.73-254.63     251.62

MIXED STEER/HEIFER

Over 80% Choice     534     63.1    760-906      817  252.54-290.50     278.75

65 - 80% Choice     137     63.3    975-975      975  253.49-253.49     253.49

35 - 65% Choice                        -                    -

 0 - 35% Choice     334     63.5    754-896      835  237.09-252.00     246.58

ALL STEERS & HEIFERS

                 19,955     64.6    653-1,021    880  237.09-290.50     255.84

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     220     63.7    817-939      853  238.76-262.93     249.90

35 - 65% Choice      69     65.8    736-736      736  255.02-255.02     255.02

 0 - 35% Choice      38     61.5    849-849      849  243.57-243.57     243.57

DAIRYBRED STEER/HEIFER

Over 80% Choice     437     61.8    869-937      901  253.70-255.68     255.07

65 - 80% Choice     207     60.4    752-892      822  244.58-253.75     251.66

35 - 65% Choice     719     62.2    775-878      844  247.08-251.35     250.03

 0 - 35% Choice      68     61.4    809-809      809  250.29-250.29     250.29





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     701     63.6  1,332-1,502   1,406 164.00-179.21     171.75

65 - 80% Choice      70     63.4  1,573-1,573   1,573 164.75-164.75     164.75

35 - 65% Choice     552     63.6  1,340-1,366   1,350 161.00-163.00     162.16

 0 - 35% Choice     175     62.5  1,252-1,367   1,290 160.00-163.00     162.01

HEIFER

Over 80% Choice     402     63.6  1,175-1,443   1,377 159.54-178.21     166.63

65 - 80% Choice      77     62.6  1,287-1,287   1,287 163.00-163.00     163.00

35 - 65% Choice     237     63.5  1,164-1,164   1,164 161.00-161.00     161.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     164     62.3  1,123-1,313   1,199 161.00-162.00     161.77

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,378     63.4  1,123-1,573   1,342 159.54-179.21     165.69

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     180     59.8  1,479-1,479   1,479 151.36-151.36     151.36

65 - 80% Choice      85     61.8  1,050-1,351   1,181 157.80-159.00     158.48

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      44     61.0    812-812      812  254.58-254.58     254.58

65 - 80% Choice     136     66.9    831-831      831  252.29-252.29     252.29

35 - 65% Choice     101     65.2    863-863      863  241.61-241.61     241.61

 0 - 35% Choice     454     63.0    857-950      907  250.00-250.00     250.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     223     64.8    859-859      859  250.00-250.00     250.00

MIXED STEER/HEIFER

Over 80% Choice      86     63.8    786-880      804  255.13-257.18     256.80

65 - 80% Choice      44     63.3    735-735      735  253.53-253.53     253.53

35 - 65% Choice                        -                    -

 0 - 35% Choice     336     63.1    787-949      883  250.00-252.00     250.26

ALL STEERS & HEIFERS

                  1,424     63.8    735-950      869  241.61-257.18     250.35

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     177     59.6    772-942      843  235.56-251.07     244.56

65 - 80% Choice     105     57.4    714-802      751  230.49-240.03     233.81

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.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     226     62.1  1,318-1,354   1,337 153.49-155.20     154.38

35 - 65% Choice                        -                    -

 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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