Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Oct 16, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 10/15/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   13,968    116,035      22,777      130,762      39,755       39,755

Live:       1,732     16,270       2,629       16,441           0            0

Total:     15,700    132,305      25,406      147,203      39,755       39,755



NEGOTIATED GRID NET:

Dressed:      664      6,819         957        6,709       3,440        3,440

Live:          41        215         289          609           0            0

Total:        705      7,034       1,246        7,318       3,440        3,440





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,304     64.0    853-1,045    938  252.57-287.03     266.64

65 - 80% Choice     588     65.0    855-922      872  257.62-262.94     260.08

35 - 65% Choice   1,699     64.4    833-954      900  253.50-259.23     256.84

 0 - 35% Choice   3,554     64.0    806-1,022    910  253.97-262.41     258.70

HEIFER

Over 80% Choice     652     63.8    818-838      826  254.39-288.30     273.65

65 - 80% Choice   1,073     64.6    713-878      823  252.57-264.86     260.20

35 - 65% Choice   2,016     64.7    768-878      810  244.88-262.06     257.00

 0 - 35% Choice     869     64.4    638-910      833  253.08-259.75     258.45

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      20     63.7    770-770      770  259.59-259.59     259.59

35 - 65% Choice     342     64.4    649-782      770  252.13-263.21     262.11

 0 - 35% Choice     275     61.6    738-885      873  251.51-258.00     257.46

ALL STEERS & HEIFERS

                 12,392     64.3    638-1,045    871  244.88-288.30     260.04

MIXED STEER/HEIFER/COW

Over 80% Choice     385     63.3    832-850      849  254.67-259.34     255.01

65 - 80% Choice                        -                    -

35 - 65% Choice     619     65.1    799-897      823  253.72-261.94     258.37

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      45     61.8    834-834      834  252.88-252.88     252.88

35 - 65% Choice     424     60.3    763-849      783  246.00-255.92     247.83

 0 - 35% Choice     103     61.8    834-834      834  248.53-248.53     248.53





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     480     63.3  1,415-1,471   1,438 164.40-182.57     170.29

65 - 80% Choice     217     62.3  1,383-1,561   1,482 162.36-165.50     163.75

35 - 65% Choice      59     64.2  1,469-1,469   1,469 165.50-165.50     165.50

 0 - 35% Choice      56     63.5  1,453-1,453   1,453 164.50-164.50     164.50

HEIFER

Over 80% Choice     175     63.0  1,394-1,394   1,394 178.90-178.90     178.90

65 - 80% Choice                        -                    -

35 - 65% Choice     102     62.9  1,213-1,285   1,257 164.00-165.50     164.59

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     569     63.8  1,254-1,358   1,340 178.90-178.95     178.94

65 - 80% Choice                        -                    -

35 - 65% Choice      74     62.1  1,215-1,215   1,215 163.00-163.00     163.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,732     63.3  1,213-1,561   1,388 162.36-182.57     172.19

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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     313     61.9    891-928      914  258.00-258.00     258.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice     107     64.5    778-804      796  255.96-256.82     256.24

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      84     63.4    708-708      708  245.80-245.80     245.80

ALL STEERS & HEIFERS

                    504     62.7    708-928      854  245.80-258.00     255.59

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     148     58.9    793-888      844  241.36-248.59     244.77

65 - 80% Choice                        -                    -

35 - 65% Choice      12     53.0    756-756      756  235.62-235.62     235.62

 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     62.6  1,171-1,171   1,171 161.00-161.00     161.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     41     62.6  1,171-1,171   1,171 161.00-161.00     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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