Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Thu, Oct 30, 2014    USDA Market News



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

For Primarily Wednesday Afternoon, 10/29/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   16,964    100,534      17,616      114,053      29,545      133,204

Live:       5,330     16,123       2,741       18,191       3,951       22,562

Total:     22,294    116,657      20,357      132,244      33,496      155,766



NEGOTIATED GRID NET:

Dressed:      508      7,823       1,358        7,319       6,257       15,755

Live:          64      1,130           0          135          69        2,748

Total:        572      8,953       1,358        7,454       6,326       18,503





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,372     63.9    809-1,043    939  254.63-293.44     267.17

65 - 80% Choice   1,019     64.4    776-991      904  261.19-273.10     266.83

35 - 65% Choice   3,034     64.5    797-997      888  249.40-271.05     265.95

 0 - 35% Choice   3,451     63.9    790-1,026    934  247.63-267.20     264.12

HEIFER

Over 80% Choice   1,142     63.4    765-931      831  264.52-292.41     274.04

65 - 80% Choice     929     64.0    776-898      821  258.33-273.45     267.32

35 - 65% Choice     824     64.3    720-887      820  251.54-292.50     266.52

 0 - 35% Choice     516     64.2    771-875      810  265.00-267.14     266.69

MIXED STEER/HEIFER

Over 80% Choice   1,089     63.4    726-919      829  257.66-294.49     272.02

65 - 80% Choice     359     63.8    710-915      843  258.32-265.19     261.09

35 - 65% Choice      40     64.1    876-876      876  267.78-267.78     267.78

 0 - 35% Choice      74     63.9    901-910      907  246.47-265.64     260.20

ALL STEERS & HEIFERS

                 14,849     64.0    710-1,043    887  246.47-294.49     266.85

MIXED STEER/HEIFER/COW

Over 80% Choice     325     63.2    838-892      859  262.58-267.56     265.58

65 - 80% Choice     996     64.0    787-898      838  254.47-272.11     261.81

35 - 65% Choice     550     64.3    727-901      841  257.40-267.83     260.90

 0 - 35% Choice      90     63.0    863-863      863  263.11-263.11     263.11

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      49     61.0    631-828      776  259.11-259.37     259.30

 0 - 35% Choice     105     61.2    832-832      832  257.94-257.94     257.94





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     959     63.2  1,150-1,645   1,452 164.70-198.26     180.60

65 - 80% Choice     596     63.7  1,232-1,459   1,353 170.00-194.35     173.95

35 - 65% Choice   1,693     63.2  1,304-1,528   1,419 165.00-172.00     171.10

 0 - 35% Choice     205     61.6  1,250-1,321   1,283 165.00-172.00     170.80

HEIFER

Over 80% Choice     357     62.9  1,140-1,329   1,275 170.00-192.57     187.03

65 - 80% Choice     243     62.4  1,251-1,537   1,363 169.00-172.00     170.65

35 - 65% Choice     715     63.0  1,154-1,417   1,238 169.00-172.00     171.50

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice     235     64.0  1,290-1,290   1,290 173.00-173.00     173.00

65 - 80% Choice                        -                    -

35 - 65% Choice     142     62.0  1,212-1,275   1,249 170.00-171.00     170.41

 0 - 35% Choice      78     62.1  1,238-1,238   1,238 172.00-172.00     172.00

ALL STEERS & HEIFERS

                  5,223     63.1  1,140-1,645   1,362 164.70-198.26     174.36

MIXED STEER/HEIFER/COW

Over 80% Choice     107     64.4  1,529-1,529   1,529 164.70-164.70     164.70

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

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     146     63.5    820-929      864  255.86-267.22     260.81

65 - 80% Choice      88     60.1    723-738      731  249.86-255.87     252.73

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

HEIFER

Over 80% Choice      44     62.5    786-786      786  263.49-263.49     263.49

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      96     64.5    760-760      760  257.00-257.00     257.00

MIXED STEER/HEIFER

Over 80% Choice      12     64.2    923-923      923  262.84-262.84     262.84

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice      42     63.6    899-899      899  257.00-257.00     257.00

ALL STEERS & HEIFERS

                    428     62.9    723-929      811  249.86-267.22     258.25

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      56     59.6    732-845      766  245.30-249.25     246.50

65 - 80% Choice                        -                    -

35 - 65% Choice      13     58.1    821-821      821  248.29-248.29     248.29

 0 - 35% Choice      11     62.7    781-781      781  227.01-227.01     227.01





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

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      64     62.1  1,394-1,394   1,394 164.00-164.00     164.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                     64     62.1  1,394-1,394   1,394 164.00-164.00     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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