Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Oct 10, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 10/09/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   23,568    168,760      18,172      147,333          NA           NA

Live:       6,234     25,402       5,807       33,959          NA           NA

Total:     29,802    194,162      23,979      181,292          NA           NA



NEGOTIATED GRID NET:

Dressed:    1,822      9,621       1,574        9,404          NA           NA

Live:           0        647         167          881          NA           NA

Total:      1,822     10,268       1,741       10,285          NA           NA





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,264     64.4    855-1,022    956  246.42-277.39     254.56

65 - 80% Choice   3,190     64.4    730-981      922  246.42-271.67     251.46

35 - 65% Choice   5,549     65.0    781-1,017    884  240.32-256.50     249.05

 0 - 35% Choice   3,081     64.5    769-1,021    903  244.51-255.06     251.68

HEIFER

Over 80% Choice   1,841     64.1    738-883      828  247.59-279.70     256.38

65 - 80% Choice   1,170     63.9    753-901      835  245.63-259.64     251.65

35 - 65% Choice   2,862     64.4    647-929      811  246.16-254.83     251.23

 0 - 35% Choice     693     63.6    700-860      782  252.00-253.62     252.39

MIXED STEER/HEIFER

Over 80% Choice     554     63.4    767-995      867  246.62-271.67     259.93

65 - 80% Choice      22     63.0    775-775      775  252.78-252.78     252.78

35 - 65% Choice     180     62.5    677-850      799  237.71-251.20     245.11

 0 - 35% Choice     721     63.8    652-872      797  238.09-252.12     246.32

ALL STEERS & HEIFERS

                 21,127     64.4    647-1,022    872  237.71-279.70     251.48

MIXED STEER/HEIFER/COW

Over 80% Choice     548     64.1    740-883      834  251.62-256.03     252.74

65 - 80% Choice     267     63.2    717-852      788  249.57-255.79     252.51

35 - 65% Choice     195     64.6    760-767      765  253.55-257.77     254.96

 0 - 35% Choice      44     63.9    761-761      761  253.82-253.82     253.82

DAIRYBRED STEER/HEIFER

Over 80% Choice     114     60.1    747-829      772  245.16-250.80     246.89

65 - 80% Choice                        -                    -

35 - 65% Choice     919     61.8    835-861      848  246.71-250.59     249.61

 0 - 35% Choice     354     62.3    800-856      833  241.71-248.80     246.74





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     634     63.5  1,300-1,589   1,366 163.00-181.23     176.23

65 - 80% Choice     143     63.8  1,361-1,365   1,363 161.17-163.00     162.19

35 - 65% Choice   1,940     62.8  1,164-1,474   1,327 159.00-163.60     161.42

 0 - 35% Choice     591     63.1  1,244-1,322   1,256 154.19-160.50     155.23

HEIFER

Over 80% Choice     486     63.7  1,236-1,302   1,284 161.77-164.50     163.38

65 - 80% Choice     377     62.7  1,224-1,436   1,350 162.00-163.50     162.61

35 - 65% Choice   1,004     62.6  1,004-1,438   1,088 158.51-163.00     159.38

 0 - 35% Choice     180     61.7  1,081-1,081   1,081 163.50-163.50     163.50

MIXED STEER/HEIFER

Over 80% Choice      35     60.0  1,174-1,174   1,174 171.63-171.63     171.63

65 - 80% Choice     269     64.4  1,077-1,427   1,154 159.75-162.50     160.35

35 - 65% Choice      93     62.0  1,072-1,072   1,072 158.74-158.74     158.74

 0 - 35% Choice     128     60.9  1,194-1,194   1,194 163.50-163.50     163.50

ALL STEERS & HEIFERS

                  5,880     62.9  1,004-1,589   1,259 154.19-181.23     162.38

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     60.1  1,349-1,349   1,349 151.17-151.17     151.17

65 - 80% Choice                        -                    -

35 - 65% Choice     274     61.5  1,357-1,357   1,357 156.00-156.00     156.00

 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                        -                    -

65 - 80% Choice      69     63.7    964-964      964  251.51-251.51     251.51

35 - 65% Choice     194     62.9    941-941      941  243.00-243.00     243.00

 0 - 35% Choice     919     62.7    865-965      930  251.00-252.00     251.78

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      99     63.8    820-820      820  242.00-242.00     242.00

 0 - 35% Choice     179     62.9    820-829      827  252.00-252.00     252.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     206     62.8    822-854      835  252.00-252.00     252.00

ALL STEERS & HEIFERS

                  1,666     62.9    820-965      903  242.00-252.00     250.21

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     156     60.3    751-855      829  238.74-243.04     241.26

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 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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