Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, May 16, 2014    USDA Market News



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

For Primarily Thursday, 05/15/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   28,868    177,143      31,207      193,910      21,976      188,952

Live:       7,790     25,386       9,162       30,082       6,660       28,816

Total:     36,658    202,529      40,369      223,992      28,636      217,768



NEGOTIATED GRID NET:

Dressed:    1,523     12,323       2,752       15,225       4,844       20,921

Live:          72      2,665         378        3,056         829        3,605

Total:      1,595     14,988       3,130       18,281       5,673       24,526





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,778     64.5     784-935     877   230.89-258.78      237.01

65 - 80% Choice   3,495     64.2     759-956     856   228.12-240.70      234.87

35 - 65% Choice   5,892     64.3     621-938     848   219.27-240.56      231.65

 0 - 35% Choice     706     63.9     708-862     783   223.77-229.92      226.66

HEIFER

Over 80% Choice   1,223     63.8     710-841     790   234.25-254.92      237.21

65 - 80% Choice   3,155     64.2     686-802     747   224.13-240.54      234.40

35 - 65% Choice   3,379     64.5     642-819     756   227.81-235.56      231.14

 0 - 35% Choice     551     60.6     717-757     734   216.52-228.35      222.74

MIXED STEER/HEIFER

Over 80% Choice     853     62.5     665-909     796   234.98-241.01      238.75

65 - 80% Choice     402     62.3     655-930     766   223.72-236.96      235.06

35 - 65% Choice     622     62.7     705-884     814   207.08-238.00      232.49

 0 - 35% Choice     491     60.0     657-742     702   229.65-231.20      231.01

ALL DRESSED STEERS AND HEIFERS

                 22,547     63.9     621-956     808   207.08-258.78      233.15

MIXED STEER/HEIFER/COW

Over 80% Choice     822     63.1     735-813     778   236.00-243.32      238.79

65 - 80% Choice     340     63.1     708-812     760   231.99-239.25      235.68

35 - 65% Choice     475     61.8     782-911     876   214.90-233.00      224.84

 0 - 35% Choice     610     60.2     873-1,065  1,009  202.79-218.94      212.46

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,632     62.0     726-947     881   224.40-235.40      227.85

65 - 80% Choice     615     61.9     781-922     846   218.00-232.10      226.22

35 - 65% Choice   1,827     61.5     704-886     839   220.23-233.34      225.02

 0 - 35% Choice                         -                    -





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     312     62.4   1,446-1,446  1,446  150.95-150.95      150.95

65 - 80% Choice   1,414     63.5   1,210-1,463  1,429  146.00-150.96      148.46

35 - 65% Choice   3,054     63.4   1,116-1,456  1,288  142.96-147.50      145.98

 0 - 35% Choice     163     63.3   1,254-1,389  1,316  143.21-147.50      145.18

HEIFER

Over 80% Choice      75     62.6   1,136-1,136  1,136  146.50-146.50      146.50

65 - 80% Choice     788     63.4   1,102-1,360  1,228  143.24-149.75      146.61

35 - 65% Choice   1,239     63.8   1,137-1,342  1,199  143.04-147.50      145.76

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     62.0   1,270-1,270  1,270  157.43-157.43      157.43

65 - 80% Choice      80     62.7   1,205-1,205  1,205  146.00-146.00      146.00

35 - 65% Choice     454     61.7   1,100-1,378  1,166  145.25-163.00      154.16

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  7,614     63.3   1,100-1,463  1,291  142.96-163.00      147.20

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     176     61.2   1,315-1,333  1,322  136.75-139.16      138.19

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                         -                    -

65 - 80% Choice     171     62.7     769-885     828   235.11-240.07      238.76

35 - 65% Choice     158     64.1     863-863     863   237.00-237.00      237.00

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      32     63.3     862-862     862   235.77-235.77      235.77

65 - 80% Choice      44     64.6     826-826     826   237.35-237.35      237.35

35 - 65% Choice                         -                    -

 0 - 35% Choice      65     62.0     864-898     881   213.30-213.64      213.47

MIXED STEER/HEIFER

Over 80% Choice     145     62.4     686-822     773   237.43-246.09      241.69

65 - 80% Choice      39     61.4     744-744     744   230.23-230.23      230.23

35 - 65% Choice      33     62.1     800-826     810   224.25-231.97      229.16

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                    687     62.9     686-898     825   213.30-246.09      235.41

MIXED STEER/HEIFER/COW

Over 80% Choice     201     64.7     813-813     813   237.00-237.00      237.00

65 - 80% Choice                         -                    -

35 - 65% Choice     154     60.2     763-846     811   220.99-228.39      225.55

 0 - 35% Choice     190     58.3     922-928     926   216.53-220.22      219.19

DAIRYBRED STEER/HEIFER

Over 80% Choice     152     59.6     751-862     803   225.12-229.19      227.33

65 - 80% Choice      90     59.7     819-848     826   223.01-226.15      224.78

35 - 65% Choice      49     61.4     706-803     749   220.85-228.02      224.95

 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

 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                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      72     61.8   1,360-1,360  1,360  137.17-137.17      137.17

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,420         798         231.39

 KANSAS                  4,290         839         234.96

 NEBRASKA                2,980         837         237.61

 COLORADO                  367         853         233.08

 WESTERN CORNBELT          376         829         238.14

  TOTAL 5-AREA          19,363         814         233.28

 N.CENTRAL/E.MT            306         855         237.80

 WESTERN STATES          2,725         758         231.39

 EASTERN CORNBELT           83         774         238.35

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS

 NEBRASKA                  276         860         237.38

 COLORADO                   20         733         242.47

 WESTERN CORNBELT          207         810         229.62

  TOTAL 5-AREA             490         835         234.24

 N.CENTRAL/E.MT             67         825         240.00

 WESTERN STATES

 EASTERN CORNBELT

 NORTHEASTERN STATES       117         786         237.14





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

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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