Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Tue, Sep 23, 2014    USDA Market News



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

For Primarily Monday Afternoon, 09/22/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   17,081     55,403      14,117       50,815      24,456       68,577

Live:       1,758      4,451       4,258        6,487       4,185        7,297

Total:     18,839     59,854      18,375       57,302      28,641       75,874



NEGOTIATED GRID NET:

Dressed:    1,361      2,033       1,903        3,682       3,125        5,064

Live:         159        159         139          139         870        1,000

Total:      1,520      2,192       2,042        3,821       3,995        6,064





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,820     63.8    723-993      863  243.91-276.48     253.52

65 - 80% Choice   1,142     64.6    766-928      885  248.27-260.22     251.97

35 - 65% Choice   1,823     64.2    712-995      837  241.14-255.09     251.35

 0 - 35% Choice   3,186     63.9    774-999      949  240.00-250.67     247.08

HEIFER

Over 80% Choice     822     63.1    746-903      817  246.84-276.31     257.04

65 - 80% Choice     366     63.9    676-845      741  241.05-260.25     252.87

35 - 65% Choice     267     65.6    812-812      812  255.24-255.24     255.24

 0 - 35% Choice     458     63.8    780-907      840  245.00-251.72     247.80

MIXED STEER/HEIFER

Over 80% Choice     362     64.5    834-883      839  250.65-276.10     270.77

65 - 80% Choice      34     62.8    812-812      812  253.31-253.31     253.31

35 - 65% Choice     240     61.5    690-899      765  242.74-253.52     248.81

 0 - 35% Choice     595     63.4    822-866      854  245.00-245.32     245.02

ALL STEERS & HEIFERS

                 13,115     63.9    676-999      871  240.00-276.48     251.56

MIXED STEER/HEIFER/COW

Over 80% Choice     665     63.7    792-879      846  251.00-259.24     252.64

65 - 80% Choice     387     63.2    665-797      733  239.27-258.79     247.88

35 - 65% Choice     729     64.2    667-780      723  244.70-260.10     250.91

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     783     61.7    747-909      850  240.52-252.07     249.42

65 - 80% Choice   1,136     61.1    744-908      834  242.55-251.34     247.53

35 - 65% Choice     266     60.8    778-847      814  236.80-249.23     243.84

 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                        -                    -

65 - 80% Choice     905     63.9  1,416-1,582   1,465 163.00-163.88     163.33

35 - 65% Choice     294     61.9  1,387-1,457   1,443 158.50-163.88     162.86

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     261     63.2  1,259-1,371   1,332 158.50-162.50     159.88

35 - 65% Choice      66     64.2  1,244-1,244   1,244 162.50-162.50     162.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     160     63.0  1,300-1,300   1,300 160.00-160.00     160.00

65 - 80% Choice                        -                    -

35 - 65% Choice      40     61.0  1,159-1,159   1,159 160.00-160.00     160.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,726     63.3  1,159-1,582   1,411 158.50-163.88     162.31

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      32     61.7  1,459-1,459   1,459 152.00-152.00     152.00

 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     258     64.1    840-900      861  242.53-256.83     252.97

65 - 80% Choice      78     65.1    829-829      829  250.78-250.78     250.78

35 - 65% Choice     327     65.1    801-822      813  243.00-250.63     249.62

 0 - 35% Choice     193     63.1    760-946      930  250.00-250.00     250.00

HEIFER

Over 80% Choice     112     64.7    704-850      794  250.00-254.07     251.56

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     108     61.3    735-814      782  250.00-250.63     250.26

MIXED STEER/HEIFER

Over 80% Choice      82     64.3    825-958      892  251.95-253.11     252.53

65 - 80% Choice      18     62.0    907-907      907  234.46-234.46     234.46

35 - 65% Choice                        -                    -

 0 - 35% Choice      89     61.9    815-836      833  239.18-242.50     241.94

ALL STEERS & HEIFERS

                  1,265     63.9    704-958      845  234.46-256.83     250.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      13     57.3    810-810      810  241.88-241.88     241.88

65 - 80% Choice      33     59.5    833-833      833  244.43-244.43     244.43

35 - 65% Choice      50     59.6    752-816      799  234.15-235.18     234.91

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     119     63.3  1,231-1,231   1,231 162.00-162.00     162.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    119     63.3  1,231-1,231   1,231 162.00-162.00     162.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      40     62.2  1,380-1,380   1,380 148.00-148.00     148.00

65 - 80% Choice                        -                    -

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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