Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Sep 25, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 09/24/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   17,369    124,937      17,652      120,083      27,280      176,175

Live:       4,330     17,468       5,887       21,082       3,857       22,406

Total:     21,699    142,405      23,539      141,165      31,137      198,581



NEGOTIATED GRID NET:

Dressed:      764      5,652       3,825       11,019       1,965       15,120

Live:          36        373         499        1,021         263        4,059

Total:        800      6,025       4,324       12,040       2,228       19,179





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,679     62.8    777-957      882  243.59-286.00     262.47

65 - 80% Choice   2,050     64.3    709-1,039    935  240.75-251.77     249.04

35 - 65% Choice   3,106     64.5    714-1,047    911  240.75-252.58     246.53

 0 - 35% Choice   2,295     63.1    725-1,013    940  236.03-250.64     245.90

HEIFER

Over 80% Choice   1,565     64.0    776-879      836  242.75-283.32     255.17

65 - 80% Choice     137     65.4    798-798      798  251.60-251.60     251.60

35 - 65% Choice   1,632     64.3    665-851      784  241.75-253.90     249.14

 0 - 35% Choice     348     63.7    806-831      821  245.32-246.82     246.57

MIXED STEER/HEIFER

Over 80% Choice   1,231     62.9    761-896      835  253.41-285.65     266.29

65 - 80% Choice                        -                    -

35 - 65% Choice     827     63.6    674-850      776  242.18-254.48     248.91

 0 - 35% Choice     397     63.0    620-918      797  234.27-246.82     244.76

ALL STEERS & HEIFERS

                 15,267     63.8    620-1,047    875  234.27-286.00     251.41

MIXED STEER/HEIFER/COW

Over 80% Choice     353     63.5    828-869      834  251.51-254.58     251.93

65 - 80% Choice     277     63.5    817-822      822  252.23-253.48     252.44

35 - 65% Choice     173     63.4    829-961      902  238.75-242.64     240.50

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      51     61.4    739-853      784  242.82-244.46     243.46

65 - 80% Choice     315     60.3    730-855      794  243.04-253.54     248.11

35 - 65% Choice     933     61.3    646-896      818  237.54-251.62     243.56

 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     759     63.1  1,157-1,584   1,383 164.00-184.69     175.50

65 - 80% Choice     295     63.8  1,247-1,530   1,458 154.80-180.65     161.28

35 - 65% Choice     822     63.1  1,241-1,493   1,419 159.00-162.50     161.32

 0 - 35% Choice      35     60.9  1,447-1,447   1,447 159.00-159.00     159.00

HEIFER

Over 80% Choice     201     62.5  1,077-1,295   1,153 175.09-182.17     179.11

65 - 80% Choice                        -                    -

35 - 65% Choice   1,753     62.9  1,130-1,325   1,185 159.00-163.00     160.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     118     63.6  1,279-1,279   1,279 171.91-171.91     171.91

65 - 80% Choice     206     63.4  1,269-1,315   1,284 159.00-169.32     166.06

35 - 65% Choice     141     64.7  1,423-1,423   1,423 163.00-163.00     163.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  4,330     63.1  1,077-1,584   1,298 154.80-184.69     164.85

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     311     63.1    727-986      909  244.28-257.16     249.47

65 - 80% Choice      88     63.6    814-814      814  252.86-252.86     252.86

35 - 65% Choice                        -                    -

 0 - 35% Choice      71     62.1    910-912      911  250.00-250.00     250.00

HEIFER

Over 80% Choice      42     64.6    837-837      837  252.31-252.31     252.31

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      28     63.4    778-785      782  244.44-256.63     249.66

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    540     63.2    727-986      882  244.28-257.16     250.33

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     150     60.1    681-842      798  237.84-244.21     241.88

65 - 80% Choice      74     57.8    799-799      799  240.20-240.20     240.20

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                        -                    -

35 - 65% Choice      36     61.5  1,309-1,309   1,309 151.50-151.50     151.50

 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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