Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Oct 15, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 10/14/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   14,036     85,215      14,062       88,243          NA           NA

Live:       1,646     12,356       3,443       12,408          NA           NA

Total:     15,682     97,571      17,505      100,651          NA           NA



NEGOTIATED GRID NET:

Dressed:    1,092      4,829         936        4,204          NA           NA

Live:          41        174           0          246          NA           NA

Total:      1,133      5,003         936        4,450          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   2,383     64.0    816-992      906  252.57-290.79     268.41

65 - 80% Choice   1,386     63.7    658-968      904  252.00-257.91     254.77

35 - 65% Choice   2,668     64.5    759-967      871  244.88-257.92     252.35

 0 - 35% Choice   1,929     63.8    809-997      917  243.68-259.25     256.23

HEIFER

Over 80% Choice     687     64.1    745-851      822  253.23-288.41     255.27

65 - 80% Choice   1,781     64.5    720-868      825  249.13-258.12     253.98

35 - 65% Choice     702     65.0    840-870      857  241.70-253.53     251.27

 0 - 35% Choice     686     63.4    803-886      842  258.00-259.00     258.56

MIXED STEER/HEIFER

Over 80% Choice     163     63.2    797-936      867  252.33-258.63     255.70

65 - 80% Choice     135     64.1    733-859      774  256.72-258.06     257.71

35 - 65% Choice     185     64.0    736-815      777  251.71-254.35     252.81

 0 - 35% Choice      87     64.1    684-684      684  250.21-250.21     250.21

ALL STEERS & HEIFERS

                 12,792     64.1    658-997      873  241.70-290.79     256.94

MIXED STEER/HEIFER/COW

Over 80% Choice     100     63.5    864-864      864  252.00-252.00     252.00

65 - 80% Choice     125     64.8    797-797      797  255.30-255.30     255.30

35 - 65% Choice     374     64.5    795-810      805  252.57-252.98     252.70

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      47     62.2    887-887      887  249.73-249.73     249.73

65 - 80% Choice     222     61.9    876-904      889  249.33-250.29     249.77

35 - 65% Choice     376     61.8    822-885      847  240.36-248.57     245.35

 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     474     63.5  1,402-1,458   1,433 165.50-178.43     167.35

65 - 80% Choice     231     63.1  1,483-1,483   1,483 163.60-163.60     163.60

35 - 65% Choice     237     63.6  1,212-1,386   1,279 162.00-164.00     163.40

 0 - 35% Choice      57     62.5  1,396-1,396   1,396 160.00-160.00     160.00

HEIFER

Over 80% Choice      82     63.4  1,353-1,353   1,353 178.43-178.43     178.43

65 - 80% Choice                        -                    -

35 - 65% Choice     133     63.2  1,189-1,467   1,302 162.00-165.00     163.78

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      37     63.0  1,368-1,368   1,368 163.00-163.00     163.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,251     63.4  1,189-1,483   1,390 160.00-178.43     165.79

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     157     60.2  1,480-1,480   1,480 151.65-151.65     151.65

65 - 80% Choice                        -                    -

35 - 65% Choice     238     61.3  1,301-1,301   1,301 157.00-157.00     157.00

 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     121     63.0    813-1,019    914  254.80-260.94     258.08

65 - 80% Choice      31     62.7    888-888      888  259.73-259.73     259.73

35 - 65% Choice     149     63.5    940-940      940  259.18-259.18     259.18

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     536     62.6    840-868      845  252.00-252.00     252.00

MIXED STEER/HEIFER

Over 80% Choice      40     62.4    254-765      510  254.36-254.36     254.36

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    877     62.8    254-1,019    857  252.00-260.94     254.44

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     113     58.6    819-862      841  243.35-248.18     245.04

65 - 80% Choice      86     58.9    783-820      797  235.36-242.76     237.91

35 - 65% Choice      16     58.2    796-796      796  238.11-238.11     238.11

 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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      41     61.8  1,169-1,169   1,169 161.00-161.00     161.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     41     61.8  1,169-1,169   1,169 161.00-161.00     161.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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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