Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107

St. Joseph, MO    Mon, Nov 03, 2014    USDA Market News



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

For Primarily Friday Afternoon, 10/31/2014



            Head     Week to    Same Day    Same Period   Same Day  Same Period

            Count      Date     Week Ago     Last Week    Year Ago   Last Year

FORMULA NET:

Dressed:   14,548    161,964      13,199      183,720      11,566      187,325

Live:       2,349     24,564       2,865       29,130       3,615       33,470

Total:     16,897    186,528      16,064      212,850      15,181      220,795



NEGOTIATED GRID NET:

Dressed:    1,012     12,030       1,875       12,112       1,464       21,004

Live:         408      1,578           0          335           0        4,451

Total:      1,420     13,608       1,875       12,447       1,464       25,455





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      66     63.8    993-993      993  263.78-263.78     263.78

65 - 80% Choice   2,221     64.3    810-961      889  261.65-272.02     266.51

35 - 65% Choice   3,244     64.4    873-954      912  262.32-269.76     265.62

 0 - 35% Choice   2,978     64.0    874-1,014    985  260.09-270.24     265.47

HEIFER

Over 80% Choice     309     63.3    687-880      808  266.40-273.99     268.97

65 - 80% Choice     842     64.5    777-910      841  267.61-272.87     269.01

35 - 65% Choice   1,205     64.4    755-878      795  261.77-270.40     268.04

 0 - 35% Choice     697     63.9    736-925      866  257.00-268.44     264.12

MIXED STEER/HEIFER

Over 80% Choice      41     63.5    818-818      818  269.34-269.34     269.34

65 - 80% Choice      89     64.4    800-800      800  268.00-268.00     268.00

35 - 65% Choice     185     63.2    725-725      725  263.87-263.87     263.87

 0 - 35% Choice     134     62.8    860-1,036    968  263.38-265.00     264.82

ALL STEERS & HEIFERS

                 12,011     64.2    687-1,036    901  257.00-273.99     266.21

MIXED STEER/HEIFER/COW

Over 80% Choice     205     63.7    874-874      874  267.13-267.13     267.13

65 - 80% Choice     161     63.6    892-892      892  264.27-264.27     264.27

35 - 65% Choice     820     64.7    749-964      806  250.06-269.18     266.81

 0 - 35% Choice     264     63.9    835-837      836  251.93-264.44     261.55

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     365     62.0    839-906      891  260.46-263.85     262.33

35 - 65% Choice     589     61.8    800-895      853  256.28-264.28     262.26

 0 - 35% Choice     133     62.7    893-928      911  263.70-263.70     263.70





FORMULA 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     874     63.4  1,423-1,481   1,461 171.99-172.00     172.00

35 - 65% Choice     263     63.1  1,314-1,459   1,416 171.00-171.50     171.35

 0 - 35% Choice     159     62.1  1,380-1,404   1,395 165.00-172.00     167.51

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     195     62.8  1,160-1,422   1,207 172.00-172.00     172.00

35 - 65% Choice     216     63.2  1,208-1,296   1,270 170.00-172.00     170.60

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice      43     63.8  1,418-1,418   1,418 163.90-163.90     163.90

65 - 80% Choice     343     59.5  1,251-1,454   1,286 163.14-172.00     165.53

35 - 65% Choice     123     62.9  1,392-1,392   1,392 172.00-172.00     172.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                  2,216     62.6  1,160-1,481   1,378 163.14-172.00     170.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice     133     61.3  1,405-1,414   1,406 156.79-156.79     156.79

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     224     63.8    812-916      874  255.22-266.21     264.30

65 - 80% Choice      78     63.3    929-929      929  257.34-257.34     257.34

35 - 65% Choice      97     65.0    909-909      909  264.71-264.71     264.71

 0 - 35% Choice     189     64.7    860-922      879  262.77-265.00     263.96

HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice     190     64.8    760-823      792  264.99-267.95     266.44

 0 - 35% Choice      58     65.2    796-796      796  265.00-265.00     265.00

MIXED STEER/HEIFER

Over 80% Choice      36     63.2    825-825      825  262.63-262.63     262.63

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    872     64.3    760-929      859  255.22-267.95     264.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     111     58.8    770-854      827  249.75-259.63     254.05

65 - 80% Choice      29     60.9    846-853      849  249.45-261.79     255.83

35 - 65% Choice                        -                    -

 0 - 35% Choice                        -                    -





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

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice      41     62.9  1,182-1,182   1,182 164.00-164.00     164.00

 0 - 35% Choice                        -                    -

MIXED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice      35     62.3  1,262-1,262   1,262 161.83-161.83     161.83

35 - 65% Choice     156     61.9  1,324-1,324   1,324 165.00-165.00     165.00

 0 - 35% Choice                        -                    -

ALL STEERS & HEIFERS

                    232     62.1  1,182-1,324   1,290 161.83-165.00     164.35

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                    -

65 - 80% Choice                        -                    -

35 - 65% Choice                        -                    -

 0 - 35% Choice     176     61.1  1,225-1,225   1,225 152.87-152.87     152.87





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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