Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, May 15, 2014    USDA Market News



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

For Primarily Wednesday, 05/14/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   41,769    148,275      36,371      162,703      34,384      166,976

Live:       6,003     17,596       7,002       20,920       8,476       22,156

Total:     47,772    165,871      43,373      183,623      42,860      189,132



NEGOTIATED GRID NET:

Dressed:    3,641     10,800       2,398       12,473       4,072       16,077

Live:         186      2,593       1,834        2,678         879        2,776

Total:      3,827     13,393       4,232       15,151       4,951       18,853





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,521     63.4     722-962     865   229.92-266.48      242.23

65 - 80% Choice   7,323     63.7     767-963     864   221.47-268.06      237.17

35 - 65% Choice   9,854     63.9     779-916     844   220.34-249.30      235.51

 0 - 35% Choice   1,072     64.3     722-888     796   223.15-235.56      229.87

HEIFER

Over 80% Choice   3,145     63.1     694-860     776   234.02-269.70      240.83

65 - 80% Choice   2,879     64.0     715-911     771   222.10-241.05      235.50

35 - 65% Choice   1,705     64.1     651-799     749   224.50-236.57      232.72

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,598     62.8     670-897     776   230.05-244.77      237.68

65 - 80% Choice     765     63.2     644-890     787   231.09-238.00      235.14

35 - 65% Choice     677     61.4     640-843     751   229.56-238.35      235.94

 0 - 35% Choice     379     60.7     597-750     734   224.81-233.14      230.23

ALL DRESSED STEERS AND HEIFERS

                 34,918     63.6     597-963     826   220.34-269.70      237.13

MIXED STEER/HEIFER/COW

Over 80% Choice   1,161     63.0     738-889     868   233.78-240.00      236.75

65 - 80% Choice     657     65.3     764-945     862   232.08-239.05      234.24

35 - 65% Choice     237     65.2     832-926     903   213.63-232.78      229.21

 0 - 35% Choice     494     60.1     854-1,024   988   203.19-219.67      213.62

DAIRYBRED STEER/HEIFER

Over 80% Choice     881     61.8     747-893     861   225.51-232.76      229.19

65 - 80% Choice   1,252     61.1     768-882     818   216.89-232.00      227.17

35 - 65% Choice   1,980     61.3     705-876     816   219.07-232.00      227.35

 0 - 35% Choice     189     60.5     705-791     753   217.61-230.00      223.05





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     835     63.8   1,211-1,510  1,437  147.44-164.66      152.79

65 - 80% Choice     945     63.8   1,158-1,398  1,291  142.50-150.96      146.93

35 - 65% Choice   2,234     63.0   1,103-1,468  1,318  141.50-148.00      146.41

 0 - 35% Choice      52     63.3   1,385-1,385  1,385  147.00-147.00      147.00

HEIFER

Over 80% Choice      73     63.4   1,247-1,337  1,290  145.00-162.54      154.13

65 - 80% Choice     485     62.8   1,033-1,276  1,108  146.16-170.70      160.36

35 - 65% Choice     769     63.4   1,055-1,300  1,179  146.50-171.96      148.33

 0 - 35% Choice      24     64.9   1,083-1,083  1,083  147.00-147.00      147.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     148     63.9   1,476-1,476  1,476  149.76-149.76      149.76

35 - 65% Choice      39     63.4   1,263-1,263  1,263  144.75-144.75      144.75

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,604     63.3   1,033-1,510  1,297  141.50-171.96      149.10

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     399     61.6   1,280-1,426  1,344  137.00-139.16      137.40

 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     404     63.7     799-901     857   238.63-241.96      240.16

65 - 80% Choice     167     64.1     780-842     811   228.91-235.76      232.36

35 - 65% Choice     212     61.4     717-803     758   223.46-238.52      231.22

 0 - 35% Choice      56     62.0     843-843     843   217.90-217.90      217.90

HEIFER

Over 80% Choice     442     62.9     773-829     784   240.17-246.08      240.99

65 - 80% Choice     372     63.9     684-728     723   237.39-238.66      238.50

35 - 65% Choice      60     60.9     631-714     646   231.56-231.79      231.75

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     363     62.4     789-915     836   235.00-240.80      236.62

65 - 80% Choice     566     62.0     686-861     782   230.31-238.50      236.00

35 - 65% Choice     191     62.3     755-826     799   226.39-233.04      228.28

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  2,833     62.8     631-915     792   217.90-246.08      236.24

MIXED STEER/HEIFER/COW

Over 80% Choice      20     61.6     771-771     771   236.00-236.00      236.00

65 - 80% Choice      21     66.2     901-901     901   233.46-233.46      233.46

35 - 65% Choice     122     61.6     720-877     824   223.77-234.00      230.14

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     430     60.7     786-924     853   224.46-233.00      228.08

65 - 80% Choice     122     61.0     718-889     810   218.31-228.65      225.36

35 - 65% Choice      62     59.4     715-759     728   211.51-227.14      222.60

 0 - 35% Choice      31     57.6     867-867     867   203.11-203.11      203.11





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

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                                        -                    -

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      38     60.9   1,329-1,329  1,329  134.00-134.00      134.00

65 - 80% Choice                         -                    -

35 - 65% Choice     148     60.9   1,303-1,303  1,303  134.83-134.83      134.83

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                6,893         817         231.50

 KANSAS                  1,810         829         235.56

 NEBRASKA               14,759         847         239.22

 COLORADO                5,199         823         240.45

 WESTERN CORNBELT        1,908         795         236.81

  TOTAL 5-AREA          30,551         832         237.32

 N.CENTRAL/E.MT          1,365         793         238.93

 WESTERN STATES          2,652         777         234.10

 EASTERN CORNBELT          332         809         236.64

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  253         759         229.19

 KANSAS

 NEBRASKA                1,784         802         237.62

 COLORADO

 WESTERN CORNBELT           86         756         235.48

  TOTAL 5-AREA           2,123         795         236.53

 N.CENTRAL/E.MT            250         815         241.47

 WESTERN STATES

 EASTERN CORNBELT          319         746         232.77

 NORTHEASTERN STATES       141         804         230.43





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

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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