Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Oct 03, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 10/02/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,172    147,333      18,926      164,033          NA       53,090

Live:       5,609     32,795       4,941       25,527          NA        1,722

Total:     23,781    180,128      23,867      189,560          NA       54,812



NEGOTIATED GRID NET:

Dressed:    1,574      9,404       1,315        7,595          NA        4,646

Live:         167        881         224        1,021          NA            0

Total:      1,741     10,285       1,539        8,616          NA        4,646





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,605     65.0    887-1,023    960  244.59-276.11     249.93

65 - 80% Choice   2,387     65.0    878-990      936  243.59-257.63     247.80

35 - 65% Choice   3,851     64.8    748-988      891  240.64-255.30     247.75

 0 - 35% Choice   2,480     63.9    722-1,017    915  237.82-248.46     245.93

HEIFER

Over 80% Choice     603     64.0    719-858      806  245.35-261.62     252.09

65 - 80% Choice   1,542     64.0    692-922      833  234.55-254.55     246.96

35 - 65% Choice   1,418     64.8    755-881      822  243.59-252.19     247.86

 0 - 35% Choice     191     63.0    855-855      855  247.00-247.00     247.00

MIXED STEER/HEIFER

Over 80% Choice     231     64.1    713-910      891  250.46-255.54     253.51

65 - 80% Choice     113     64.0    729-729      729  253.71-253.71     253.71

35 - 65% Choice      82     63.8    766-766      766  243.55-243.55     243.55

 0 - 35% Choice      11     63.4    942-942      942  241.23-241.23     241.23

ALL STEERS & HEIFERS

                 14,514     64.5    692-1,023    891  234.55-276.11     247.90

MIXED STEER/HEIFER/COW

Over 80% Choice      90     63.5    797-797      797  249.56-249.56     249.56

65 - 80% Choice     143     64.8    825-870      837  242.72-249.22     244.54

35 - 65% Choice     730     64.1    714-848      808  242.75-254.75     246.27

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,231     62.0    742-901      832  240.81-244.69     242.85

65 - 80% Choice     371     61.3    750-896      819  239.32-246.71     244.12

35 - 65% Choice     524     62.1    850-889      872  244.71-246.94     245.41

 0 - 35% Choice     569     62.4    833-857      844  244.71-244.71     244.71





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,282     62.9  1,249-1,504   1,372 154.00-183.02     171.49

65 - 80% Choice   1,046     62.4  1,129-1,499   1,409 159.00-162.50     160.31

35 - 65% Choice   1,716     63.4  1,244-1,532   1,377 156.84-160.50     159.44

 0 - 35% Choice     460     62.9  1,235-1,349   1,323 159.00-160.00     159.16

HEIFER

Over 80% Choice     518     63.2  1,050-1,299   1,245 159.00-175.02     164.81

65 - 80% Choice     146     63.3  1,112-1,438   1,333 159.00-159.75     159.51

35 - 65% Choice     320     63.4  1,152-1,285   1,229 159.00-160.00     159.80

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     61.0  1,308-1,308   1,308 167.71-167.71     167.71

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  5,523     63.0  1,050-1,532   1,355 154.00-183.02     162.96

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      86     62.6  1,503-1,503   1,503 152.50-152.50     152.50

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     140     63.1    880-880      880  239.75-239.75     239.75

35 - 65% Choice                        -                    -

 0 - 35% Choice     547     63.0    912-1,002    941  248.00-248.00     248.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     178     63.6    839-839      839  244.00-244.00     244.00

35 - 65% Choice     206     64.4    876-876      876  244.00-244.00     244.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     124     63.0    825-825      825  243.42-243.42     243.42

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,195     63.4    825-1,002    895  239.75-248.00     245.27

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     194     64.5    872-872      872  244.00-244.00     244.00

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     128     59.6    832-885      872  238.00-241.29     239.47

65 - 80% Choice      29     58.6    852-852      852  234.46-234.46     234.46

35 - 65% Choice      28     58.2    821-821      821  229.35-229.35     229.35

 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      84     62.5  1,110-1,110   1,110 160.50-160.50     160.50

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      43     64.2  1,114-1,114   1,114 160.00-160.00     160.00

ALL STEERS & HEIFERS

                    127     63.1  1,110-1,114   1,111 160.00-160.50     160.33

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      40     59.2  1,267-1,267   1,267 152.34-152.34     152.34

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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