Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Oct 17, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 10/16/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   20,616    154,533      23,568      168,760      10,690       65,685

Live:       1,735     20,767       6,234       25,402       5,656        9,100

Total:     22,351    175,300      29,802      194,162      16,346       74,785



NEGOTIATED GRID NET:

Dressed:      772      8,174       1,822        9,745       2,419        7,542

Live:           0        245           0          647         658        1,111

Total:        772      8,419       1,822       10,392       3,077        8,653





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,630     64.8    809-1,010    977  252.03-262.69     253.72

65 - 80% Choice   3,663     65.5    803-1,031    962  252.03-260.91     253.98

35 - 65% Choice   3,969     64.8    724-1,046    872  249.31-259.17     253.78

 0 - 35% Choice   2,211     63.5    711-1,021    939  248.76-259.25     256.96

HEIFER

Over 80% Choice     795     64.1    729-918      834  251.82-262.52     257.74

65 - 80% Choice     523     64.2    744-885      828  255.72-261.97     257.23

35 - 65% Choice   1,494     64.5    669-935      735  251.79-260.97     254.56

 0 - 35% Choice   1,332     63.7    723-903      831  248.92-259.75     257.19

MIXED STEER/HEIFER

Over 80% Choice     231     63.4    785-936      829  253.89-268.07     260.58

65 - 80% Choice     334     64.4    791-859      828  256.02-262.61     259.97

35 - 65% Choice     143     63.2    637-892      698  244.23-252.17     246.17

 0 - 35% Choice     803     62.6    756-990      893  243.29-258.75     256.42

ALL STEERS & HEIFERS

                 17,128     64.5    637-1,046    890  243.29-268.07     255.12

MIXED STEER/HEIFER/COW

Over 80% Choice      97     62.7    830-927      865  254.20-260.04     257.93

65 - 80% Choice   1,328     63.8    778-897      845  240.75-262.19     256.39

35 - 65% Choice     525     64.4    771-890      843  253.04-254.68     254.31

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     348     61.7    836-909      877  247.58-252.16     250.19

65 - 80% Choice     724     62.0    745-934      864  243.14-255.38     247.46

35 - 65% Choice     435     61.4    780-864      824  243.50-253.72     248.58

 0 - 35% Choice      31     57.4    738-738      738  237.38-237.38     237.38





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     429     63.9  1,454-1,558   1,511 161.17-167.00     164.85

65 - 80% Choice                        -                    -

35 - 65% Choice     339     62.8  1,473-1,502   1,497 165.50-166.90     166.67

 0 - 35% Choice      35     64.5  1,456-1,456   1,456 164.00-164.00     164.00

HEIFER

Over 80% Choice     237     63.7  1,411-1,411   1,411 166.00-166.00     166.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     60.0  1,137-1,137   1,137 174.19-174.19     174.19

65 - 80% Choice     266     59.0  1,236-1,322   1,310 163.00-170.00     164.00

35 - 65% Choice      90     62.4  1,077-1,077   1,077 160.75-160.75     160.75

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,431     62.5  1,077-1,558   1,416 160.75-174.19     165.26

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     115     62.4  1,110-1,110   1,110 160.85-160.85     160.85

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     132     61.5  1,392-1,392   1,392 151.82-151.82     151.82

35 - 65% Choice                        -                    -

 0 - 35% Choice      57     61.7  1,307-1,307   1,307 155.00-155.00     155.00





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      39     63.9    858-858      858  249.47-249.47     249.47

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     324     61.8    926-965      952  258.00-258.00     258.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     106     63.6    721-811      733  236.32-256.00     253.40

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      81     64.2    726-888      806  251.42-258.75     255.13

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    550     62.7    721-965      881  236.32-258.75     256.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      71     60.7    844-872      856  246.90-248.46     247.47

65 - 80% Choice     137     59.9    781-895      836  240.11-245.43     243.51

35 - 65% Choice      14     60.7    810-810      810  235.24-235.24     235.24

 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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