Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Fri, Oct 24, 2014    USDA Market News



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

For Primarily Thursday Afternoon, 10/23/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   18,874    152,232      20,616      154,533      15,437      166,828

Live:       1,607     23,377       1,839       20,871       5,590       36,183

Total:     20,481    175,609      22,455      175,404      21,027      203,011



NEGOTIATED GRID NET:

Dressed:    1,340      9,545         772        8,174       3,299       20,054

Live:           0        335           0          245         515        3,092

Total:      1,340      9,880         772        8,419       3,814       23,146





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,463     65.0    717-1,024    931  252.20-282.59     264.42

65 - 80% Choice   3,656     65.1    892-1,034    983  253.85-263.51     258.66

35 - 65% Choice   3,488     64.4    755-1,057    923  251.18-269.54     259.13

 0 - 35% Choice   2,263     63.3    796-1,031    951  238.21-265.29     256.24

HEIFER

Over 80% Choice     196     62.7    782-863      827  261.77-277.85     274.36

65 - 80% Choice   1,010     63.8    774-879      849  255.85-262.44     260.00

35 - 65% Choice   1,074     64.1    748-913      845  254.38-261.30     257.17

 0 - 35% Choice     702     64.5    826-940      838  257.00-258.35     257.83

MIXED STEER/HEIFER

Over 80% Choice     652     62.5    729-921      859  254.27-277.85     275.19

65 - 80% Choice      72     64.0    963-963      963  258.00-258.00     258.00

35 - 65% Choice      44     64.1    793-880      823  249.13-250.82     250.24

 0 - 35% Choice     379     63.6    726-975      833  247.82-258.00     253.65

ALL STEERS & HEIFERS

                 15,999     64.3    717-1,057    922  238.21-282.59     259.98

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                    -

65 - 80% Choice     578     63.6    720-828      787  261.91-264.51     262.90

35 - 65% Choice   1,400     63.7    748-892      856  248.59-258.06     255.13

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      68     61.1    827-827      827  254.54-254.54     254.54

35 - 65% Choice     616     61.2    762-856      829  252.54-253.54     253.01

 0 - 35% Choice     213     60.0    770-887      850  247.00-252.54     249.55





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     267     64.0  1,560-1,676   1,588 165.50-167.00     166.64

65 - 80% Choice     380     63.4  1,342-1,534   1,444 165.00-166.40     165.73

35 - 65% Choice                        -                    -

 0 - 35% Choice      59     63.3  1,389-1,389   1,389 164.00-164.00     164.00

HEIFER

Over 80% Choice     126     63.2  1,342-1,342   1,342 167.50-167.50     167.50

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     604     62.0  1,322-1,381   1,351 163.00-181.00     168.45

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,436     62.9  1,322-1,676   1,420 163.00-181.00     167.13

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      69     61.5  1,358-1,358   1,358 151.76-151.76     151.76

65 - 80% Choice     102     60.8  1,357-1,357   1,357 151.76-151.76     151.76

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     272     62.9    824-946      856  259.13-260.53     259.81

65 - 80% Choice                        -                    -

35 - 65% Choice      11     60.6    729-729      729  234.93-234.93     234.93

 0 - 35% Choice     387     62.6    944-974      959  258.00-258.00     258.00

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     129     63.9    829-829      829  260.77-260.77     260.77

35 - 65% Choice                        -                    -

 0 - 35% Choice     320     64.2    899-929      918  258.00-258.00     258.00

MIXED STEER/HEIFER

Over 80% Choice      73     62.4    760-835      811  250.05-263.38     257.99

65 - 80% Choice      25     60.2    844-844      844  260.46-260.46     260.46

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  1,217     63.2    729-974      898  234.93-263.38     258.54

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      62     59.4    847-878      864  249.61-251.69     250.55

65 - 80% Choice      21     57.5    803-803      803  242.32-242.32     242.32

35 - 65% Choice      40     61.2    784-784      784  242.88-242.88     242.88

 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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