Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Wed, May 14, 2014    USDA Market News



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

For Primarily Tuesday, 05/13/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   45,756    105,594      64,932      126,332      59,592      132,592

Live:       4,730     11,593       5,448       13,918       5,606       13,680

Total:     50,486    117,187      70,380      140,250      65,198      146,272



NEGOTIATED GRID NET:

Dressed:    3,297      6,820       7,687       10,075       6,674       12,005

Live:       1,532      2,318         844          844       1,323        1,897

Total:      4,829      9,138       8,531       10,919       7,997       13,902





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,950     63.9     647-991     839   214.29-276.92      240.50

65 - 80% Choice   5,013     64.2     648-969     848   213.81-243.42      235.39

35 - 65% Choice  13,576     64.0     662-955     844   211.69-241.38      235.22

 0 - 35% Choice     808     64.3     805-920     863   227.48-234.84      230.36

HEIFER

Over 80% Choice   3,380     63.6     687-916     774   232.78-273.83      241.05

65 - 80% Choice   5,540     64.2     665-804     735   223.15-240.53      233.82

35 - 65% Choice   3,776     63.7     660-861     737   224.93-239.33      234.01

 0 - 35% Choice      63     64.9     740-740     740   234.84-234.84      234.84

MIXED STEER/HEIFER

Over 80% Choice   1,446     63.4     698-907     816   223.72-258.60      240.98

65 - 80% Choice     345     62.7     668-896     765   224.04-256.60      237.02

35 - 65% Choice     215     61.4     690-859     781   220.29-233.72      227.47

 0 - 35% Choice     241     63.3     777-777     777   230.77-230.77      230.77

ALL DRESSED STEERS AND HEIFERS

                 41,353     63.9     647-991     811   211.69-276.92      236.36

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     249     64.2     666-871     779   228.14-234.75      232.27

35 - 65% Choice     433     63.6     612-863     698   223.36-227.73      225.03

 0 - 35% Choice     385     60.6     788-1,054  1,015  213.26-215.07      213.97

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,293     61.5     762-921     825   225.14-239.88      230.22

65 - 80% Choice     750     61.7     780-894     834   221.50-228.65      226.44

35 - 65% Choice   1,238     61.1     702-885     818   218.46-227.27      223.11

 0 - 35% Choice      55     61.3     819-819     819   224.00-224.00      224.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     385     63.0   1,272-1,537  1,395  148.95-163.20      154.29

65 - 80% Choice     780     62.8   1,167-1,362  1,239  146.50-166.64      155.29

35 - 65% Choice   1,072     63.7   1,149-1,411  1,345  144.00-164.91      147.44

 0 - 35% Choice     500     62.8   1,132-1,386  1,287  139.16-146.50      145.90

HEIFER

Over 80% Choice     536     62.9   1,096-1,245  1,153  147.00-166.07      152.62

65 - 80% Choice     487     62.6   1,243-1,267  1,253  146.00-147.00      146.57

35 - 65% Choice     500     63.5     973-1,245  1,150  146.00-171.16      152.71

 0 - 35% Choice      50     64.4   1,193-1,193  1,193  146.25-146.25      146.25

MIXED STEER/HEIFER

Over 80% Choice     121     62.0   1,300-1,300  1,300  151.58-151.58      151.58

65 - 80% Choice                         -                    -

35 - 65% Choice      35     62.0   1,401-1,401  1,401  147.50-147.50      147.50

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,466     63.1     973-1,537  1,267  139.16-171.16      150.45

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     264     59.1   1,255-1,453  1,402  131.55-138.66      133.49

65 - 80% Choice                         -                    -

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     318     64.0     778-833     811   226.30-246.07      236.37

65 - 80% Choice     567     65.4     760-844     781   225.90-226.36      226.02

35 - 65% Choice     158     63.7     806-806     806   226.16-226.16      226.16

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      30     64.7     807-807     807   241.92-241.92      241.92

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     419     64.5     728-905     836   213.27-230.50      227.98

MIXED STEER/HEIFER

Over 80% Choice     174     64.2     737-862     781   237.51-244.18      240.64

65 - 80% Choice     162     62.8     775-889     817   229.69-236.00      233.72

35 - 65% Choice     199     62.4     591-857     726   210.35-231.50      221.66

 0 - 35% Choice     166     62.3     683-799     748   206.51-225.00      212.48

ALL DRESSED STEERS AND HEIFERS

                  2,193     64.1     591-905     793   206.51-246.07      228.43

MIXED STEER/HEIFER/COW

Over 80% Choice      19     59.5     774-774     774   226.11-226.11      226.11

65 - 80% Choice      13     62.7     834-834     834   225.77-225.77      225.77

35 - 65% Choice     134     60.0     766-889     841   218.11-225.71      223.87

 0 - 35% Choice     191     59.3     797-956     867   216.03-226.21      220.29

DAIRYBRED STEER/HEIFER

Over 80% Choice     680     59.4     752-931     795   218.62-233.03      229.37

65 - 80% Choice      35     61.2     865-865     865   223.86-223.86      223.86

35 - 65% Choice      32     60.0     740-740     740   227.37-227.37      227.37

 0 - 35% Choice                         -                    -





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     118     62.8   1,131-1,289  1,203  138.00-145.00      142.57

 0 - 35% Choice     211     64.2   1,145-1,278  1,233  144.00-145.00      144.37

HEIFER

Over 80% Choice     110     62.7   1,176-1,176  1,176  144.30-144.30      144.30

65 - 80% Choice                         -                    -

35 - 65% Choice     121     63.8   1,128-1,159  1,149  143.00-145.00      143.66

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      36     63.6   1,367-1,367  1,367  145.00-145.00      145.00

65 - 80% Choice      43     63.0   1,163-1,163  1,163  145.00-145.00      145.00

35 - 65% Choice     204     62.9   1,084-1,213  1,132  140.82-143.38      142.31

 0 - 35% Choice     335     63.6   1,161-1,445  1,241  135.86-145.00      143.01

ALL LIVE STEERS AND HEIFERS

                  1,178     63.4   1,084-1,445  1,202  135.86-145.00      143.41

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      41     66.0   1,274-1,274  1,274  149.57-149.57      149.57

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     208     62.9   1,441-1,441  1,441  139.09-139.09      139.09

35 - 65% Choice      93     62.8   1,343-1,343  1,343  138.96-138.96      138.96

 0 - 35% Choice      12     61.9   1,235-1,235  1,235  136.00-136.00      136.00





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               20,165         797         234.30

 KANSAS                  7,547         818         234.93

 NEBRASKA                7,577         856         242.06

 COLORADO                2,010         778         240.76

 WESTERN CORNBELT          752         784         240.98

  TOTAL 5-AREA          38,051         812         236.44

 N.CENTRAL/E.MT            357         834         241.54

 WESTERN STATES          2,869         805         234.61

 EASTERN CORNBELT

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,449         788         226.10

 KANSAS                     40         737         244.18

 NEBRASKA                   43         889         229.69

 COLORADO

 WESTERN CORNBELT          400         803         237.10

  TOTAL 5-AREA           1,865         792         228.43

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          135         793         236.25

 NORTHEASTERN STATES       126         807         213.93





-------------------------------------------------------------------

Regional Breakdown:

  WESTERN CORNBELT - IA,MN,MO.

  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX

  N.CENTRAL/E.MT - MT,ND,SD,WY.

  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.

  EASTERN CORNBELT - IL,IN,KY,MI,WI.

  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.

-------------------------------------------------------------------





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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