Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Oct 23, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 10/22/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   17,616    113,977      13,968      116,144      22,985      134,268

Live:       2,741     18,141       1,732       16,270       5,143       25,403

Total:     20,357    132,118      15,700      132,414      28,128      159,671



NEGOTIATED GRID NET:

Dressed:    1,358      7,285         664        6,881       3,451       14,764

Live:           0        267          41          215         581        2,127

Total:      1,358      7,552         705        7,096       4,032       16,891





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,393     63.7    847-1,029    928  254.08-265.00     260.06

65 - 80% Choice   1,726     64.2    823-986      920  254.07-263.59     259.98

35 - 65% Choice   3,227     64.1    687-966      890  254.94-261.54     258.60

 0 - 35% Choice   3,318     63.3    748-1,039    916  250.24-259.35     256.94

HEIFER

Over 80% Choice   1,095     64.4    782-921      854  257.78-287.29     280.20

65 - 80% Choice     853     64.5    713-858      804  255.82-263.54     259.23

35 - 65% Choice   1,852     64.7    713-893      785  253.73-261.33     258.02

 0 - 35% Choice   1,235     64.0    793-934      849  254.85-259.85     257.81

MIXED STEER/HEIFER

Over 80% Choice     105     63.7    797-874      826  261.70-289.00     274.44

65 - 80% Choice      17     61.5    790-790      790  257.92-257.92     257.92

35 - 65% Choice      55     62.8    911-911      911  256.48-256.48     256.48

 0 - 35% Choice     195     62.8    823-838      829  249.03-249.79     249.32

ALL STEERS & HEIFERS

                 15,071     64.0    687-1,039    878  249.03-289.00     259.98

MIXED STEER/HEIFER/COW

Over 80% Choice     226     64.1    816-853      844  256.45-258.51     256.87

65 - 80% Choice     782     64.1    736-932      840  247.00-259.72     257.01

35 - 65% Choice     935     65.0    783-911      838  250.01-259.67     256.34

 0 - 35% Choice      72     63.5    869-869      869  248.50-248.50     248.50

DAIRYBRED STEER/HEIFER

Over 80% Choice     177     59.8    838-899      854  252.17-255.94     253.10

65 - 80% Choice     103     61.4    854-866      862  244.96-255.96     252.54

35 - 65% Choice     148     60.6    762-810      781  248.17-253.24     250.72

 0 - 35% Choice     102     61.8    841-841      841  256.20-256.20     256.20





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     379     62.9  1,354-1,556   1,437 165.00-185.40     176.39

65 - 80% Choice     777     63.9  1,235-1,645   1,482 163.91-165.75     164.87

35 - 65% Choice     372     63.9  1,225-1,473   1,384 164.00-165.00     164.57

 0 - 35% Choice      75     62.0  1,295-1,295   1,295 165.50-165.50     165.50

HEIFER

Over 80% Choice     565     63.4  1,190-1,494   1,383 165.00-191.32     175.71

65 - 80% Choice                        -                    -

35 - 65% Choice     352     63.1  1,238-1,346   1,285 165.00-165.75     165.49

 0 - 35% Choice     113     63.3  1,236-1,236   1,236 165.00-165.00     165.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                  2,633     63.5  1,190-1,645   1,398 163.91-191.32     168.92

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     108     61.7  1,367-1,367   1,367 158.00-158.00     158.00

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      61     63.0    881-897      887  258.67-259.46     259.19

65 - 80% Choice      11     64.9    847-847      847  256.74-256.74     256.74

35 - 65% Choice      27     60.9    809-809      809  255.78-255.78     255.78

 0 - 35% Choice      26     63.9    897-897      897  258.50-258.50     258.50

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     176     64.8    861-861      861  256.00-256.00     256.00

 0 - 35% Choice     894     64.2    797-904      872  258.00-258.00     258.00

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      13     58.3    819-819      819  246.81-246.81     246.81

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,208     64.1    797-904      869  246.81-259.46     257.60

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      11     62.5    808-808      808  246.64-246.64     246.64

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     106     59.4    833-863      852  244.27-250.09     247.66

65 - 80% Choice      33     60.3    793-793      793  243.78-243.78     243.78

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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