Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Sep 24, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 09/23/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   16,929     96,048      21,907       94,275      36,110      131,498

Live:       5,588     11,773       2,643       12,849       5,729       14,774

Total:     22,517    107,821      24,550      107,124      41,839      146,272



NEGOTIATED GRID NET:

Dressed:      708      3,584       1,729        6,070       3,663       10,408

Live:           0        159         226          438       1,776        2,824

Total:        708      3,743       1,955        6,508       5,439       13,232





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,365     64.6    827-1,009    918  249.20-277.58     263.46

65 - 80% Choice   1,591     64.0    854-931      888  244.00-258.92     254.43

35 - 65% Choice   3,515     64.4    781-967      893  244.72-258.57     250.81

 0 - 35% Choice   2,536     63.5    825-1,012    925  245.00-260.83     248.09

HEIFER

Over 80% Choice   1,791     64.1    754-913      834  252.13-290.89     267.16

65 - 80% Choice     985     65.0    745-970      833  250.00-260.64     253.11

35 - 65% Choice     429     64.0    604-818      755  252.83-253.89     253.29

 0 - 35% Choice     622     64.4    690-936      809  242.50-250.00     246.11

MIXED STEER/HEIFER

Over 80% Choice     129     63.7    751-919      847  251.34-255.71     253.85

65 - 80% Choice      91     62.3    871-918      891  248.00-250.00     249.12

35 - 65% Choice     160     61.1    707-868      790  238.00-249.46     246.29

 0 - 35% Choice     452     63.7    722-914      796  242.04-246.93     244.53

ALL STEERS & HEIFERS

                 14,666     64.2    604-1,012    879  238.00-290.89     254.57

MIXED STEER/HEIFER/COW

Over 80% Choice     450     63.9    815-820      817  249.17-254.90     253.07

65 - 80% Choice     343     63.4    773-802      787  250.59-255.08     252.78

35 - 65% Choice     172     64.9    673-746      708  252.77-255.27     253.40

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     304     61.2    774-854      817  249.08-251.50     250.70

65 - 80% Choice     453     61.9    760-890      846  243.21-249.33     247.41

35 - 65% Choice     521     61.4    730-884      812  239.76-244.10     241.66

 0 - 35% Choice      20     63.2    855-855      855  238.32-238.32     238.32





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,330     63.6  1,350-1,595   1,401 159.00-184.85     170.35

65 - 80% Choice     400     62.9  1,445-1,648   1,548 163.00-163.75     163.30

35 - 65% Choice     822     64.0  1,285-1,463   1,374 158.50-163.50     161.47

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     959     63.2  1,237-1,317   1,292 162.00-187.40     164.40

65 - 80% Choice     187     64.8  1,228-1,228   1,228 163.50-163.50     163.50

35 - 65% Choice     278     63.5  1,118-1,135   1,126 160.00-162.00     160.94

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     168     63.6  1,379-1,379   1,379 178.98-178.98     178.98

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,144     63.6  1,118-1,648   1,366 158.50-187.40     166.80

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     213     60.8  1,291-1,516   1,315 148.87-153.76     153.25

65 - 80% Choice     231     62.1  1,427-1,427   1,427 152.00-152.00     152.00

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      94     62.1    649-827      764  241.42-247.79     246.05

65 - 80% Choice      15     61.1    710-710      710  244.99-244.99     244.99

35 - 65% Choice      36     62.3    758-758      758  230.76-230.76     230.76

 0 - 35% Choice      86     63.3    909-909      909  250.00-250.00     250.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      90     62.6    877-877      877  250.00-250.00     250.00

MIXED STEER/HEIFER

Over 80% Choice     200     63.4    645-869      772  247.31-253.50     250.22

65 - 80% Choice      28     62.7    705-705      705  247.60-247.60     247.60

35 - 65% Choice      17     62.0    789-789      789  232.17-232.17     232.17

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    566     62.8    645-909      803  230.76-253.50     247.41

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      88     57.7    749-828      797  232.40-247.02     241.91

65 - 80% Choice      30     60.4    809-886      853  239.52-243.43     241.74

35 - 65% Choice      24     56.7    798-798      798  233.35-233.35     233.35

 0 - 35% Choice                        -                    -





NEGOTIATED GRID NET - LIVE BASIS

 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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