Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Wed, Oct 29, 2014    USDA Market News



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

For Primarily Tuesday Afternoon, 10/28/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   11,293     72,203      22,384       88,259      28,581       90,102

Live:       2,928     10,075       2,856       12,479       6,666       17,190

Total:     14,221     82,278      25,240      100,738      35,247      107,292



NEGOTIATED GRID NET:

Dressed:    1,662      6,103       1,182        4,366       2,208        7,205

Live:         164        283          89           89       1,168        2,645

Total:      1,826      6,386       1,271        4,455       3,376        9,850





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     874     64.1    831-975      905  250.78-291.85     269.70

65 - 80% Choice   1,918     64.5    834-995      894  254.07-263.44     259.20

35 - 65% Choice   1,657     64.2    803-990      887  246.07-262.27     256.78

 0 - 35% Choice   2,294     63.2    811-1,003    967  257.00-266.64     265.69

HEIFER

Over 80% Choice   1,068     63.2    750-942      855  258.85-296.93     284.23

65 - 80% Choice     407     64.8    792-859      823  257.94-259.82     258.61

35 - 65% Choice     588     64.2    781-833      810  253.81-260.06     257.66

 0 - 35% Choice     150     62.4    805-875      821  257.00-265.64     259.30

MIXED STEER/HEIFER

Over 80% Choice      80     64.1    870-870      870  287.75-287.75     287.75

65 - 80% Choice      43     61.7    811-811      811  261.36-261.36     261.36

35 - 65% Choice     224     63.6    681-803      790  252.48-256.81     255.59

 0 - 35% Choice      84     63.4    818-863      841  252.25-265.00     258.78

ALL STEERS & HEIFERS

                  9,387     63.9    681-1,003    894  246.07-296.93     264.23

MIXED STEER/HEIFER/COW

Over 80% Choice     354     63.7    827-914      847  257.13-263.35     261.80

65 - 80% Choice     224     63.4    855-892      882  258.85-260.40     259.27

35 - 65% Choice     410     65.4    781-822      804  253.55-257.56     254.88

 0 - 35% Choice                        -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     284     61.2    765-898      850  248.17-257.87     254.44

35 - 65% Choice     569     61.4    792-867      849  245.86-254.87     252.29

 0 - 35% Choice      65     61.0    818-818      818  249.05-249.05     249.05





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     336     63.9  1,451-1,603   1,520 166.25-180.63     173.91

65 - 80% Choice     166     62.4  1,500-1,500   1,500 172.00-172.00     172.00

35 - 65% Choice     442     62.8  1,299-1,414   1,353 163.00-171.50     167.85

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice     233     62.8  1,261-1,309   1,295 166.25-181.63     171.38

65 - 80% Choice     594     63.9  1,208-1,431   1,272 170.00-172.00     171.51

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     566     63.4  1,431-1,466   1,458 180.00-185.65     184.39

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,337     63.4  1,208-1,603   1,387 163.00-185.65     174.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     182     59.3  1,423-1,493   1,480 150.33-154.50     151.09

65 - 80% Choice      38     61.8  1,289-1,289   1,289 162.00-162.00     162.00

35 - 65% Choice     371     61.8  1,328-1,414   1,376 157.00-162.00     160.40

 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                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     125     62.1    759-912      856  260.08-260.72     260.32

 0 - 35% Choice     234     62.8    852-963      944  257.00-258.00     257.83

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     330     64.8    827-901      872  257.00-257.00     257.00

MIXED STEER/HEIFER

Over 80% Choice     202     63.9    781-884      821  258.86-265.02     262.35

65 - 80% Choice      43     62.0    726-726      726  258.67-258.67     258.67

35 - 65% Choice      37     62.0    769-779      775  253.75-254.64     254.13

 0 - 35% Choice     267     62.3    828-960      890  257.00-265.00     260.63

ALL STEERS & HEIFERS

                  1,238     63.3    726-963      871  253.75-265.02     259.12

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     200     59.4    834-887      857  245.89-250.00     247.86

65 - 80% Choice      61     58.4    785-866      821  242.59-242.85     242.73

35 - 65% Choice     133     57.9    716-898      793  231.62-246.82     239.01

 0 - 35% Choice      30     59.8    943-943      943  240.19-240.19     240.19





NEGOTIATED GRID NET - LIVE 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      97     61.7  1,420-1,420   1,420 164.00-164.00     164.00

HEIFER

Over 80% Choice      67     63.2  1,227-1,227   1,227 164.00-164.00     164.00

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                    164     62.3  1,227-1,420   1,341 164.00-164.00     164.00

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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