Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, May 19, 2014    USDA Market News



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

For Primarily Friday, 05/16/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   26,576    203,896      28,041      221,951      31,425      220,377

Live:       7,815     33,227       5,724       35,806       7,184       36,000

Total:     34,391    237,123      33,765      257,757      38,609      256,377



NEGOTIATED GRID NET:

Dressed:    2,288     14,647       2,644       17,869       7,344       28,265

Live:         832      3,408         157        3,213         184        3,789

Total:      3,120     18,055       2,801       21,082       7,528       32,054





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,706     63.9     626-941     821   217.43-264.19      235.66

65 - 80% Choice   4,723     64.4     655-925     860   218.55-241.73      235.21

35 - 65% Choice   6,094     64.4     649-936     849   222.20-242.10      232.12

 0 - 35% Choice   1,059     63.9     717-904     814   220.23-231.78      225.44

HEIFER

Over 80% Choice     736     62.8     714-828     771   229.20-241.34      235.08

65 - 80% Choice   1,581     63.9     704-788     761   229.21-236.89      234.15

35 - 65% Choice   2,083     64.2     688-803     742   221.06-235.13      230.92

 0 - 35% Choice     101     55.8     744-744     744   216.00-216.00      216.00

MIXED STEER/HEIFER

Over 80% Choice     954     62.7     642-911     797   221.84-243.63      237.68

65 - 80% Choice     651     63.6     732-866     806   231.00-239.22      235.31

35 - 65% Choice     383     63.2     682-853     781   228.81-239.75      233.70

 0 - 35% Choice      57     63.4     733-856     765   221.09-224.06      221.87

ALL DRESSED STEERS AND HEIFERS

                 21,128     64.0     626-941     821   216.00-264.19      233.34

MIXED STEER/HEIFER/COW

Over 80% Choice     429     63.3     765-831     806   229.95-243.23      240.32

65 - 80% Choice     447     62.7     694-852     772   215.09-236.57      226.47

35 - 65% Choice      72     60.1     722-900     799   218.47-220.94      219.53

 0 - 35% Choice     469     59.4     612-1,044   918   197.49-222.72      203.98

DAIRYBRED STEER/HEIFER

Over 80% Choice     793     61.7     758-973     888   218.43-231.20      226.63

65 - 80% Choice   1,476     61.7     676-957     845   221.72-234.49      227.06

35 - 65% Choice   1,410     62.3     720-932     844   220.29-230.52      225.91

 0 - 35% Choice     352     61.4     550-864     803   200.87-234.35      225.91





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     492     62.4   1,081-1,548  1,293  146.50-177.67      159.53

65 - 80% Choice     699     62.9   1,115-1,310  1,218  147.00-165.10      158.50

35 - 65% Choice   3,857     63.2   1,094-1,398  1,216  142.50-150.96      144.86

 0 - 35% Choice     330     62.9   1,233-1,315  1,284  143.16-147.00      145.55

HEIFER

Over 80% Choice     701     61.8   1,144-1,266  1,181  147.00-167.07      158.58

65 - 80% Choice     294     62.7   1,072-1,327  1,198  146.00-164.66      148.11

35 - 65% Choice     895     63.4   1,077-1,356  1,221  142.75-147.00      146.04

 0 - 35% Choice     113     62.0   1,137-1,137  1,137  146.50-146.50      146.50

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      63     61.5   1,282-1,282  1,282  147.50-147.50      147.50

35 - 65% Choice      76     62.9   1,268-1,268  1,268  147.50-147.50      147.50

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  7,520     63.0   1,072-1,548  1,221  142.50-177.67      148.74

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     159     60.7   1,522-1,522  1,522  138.27-138.27      138.27

65 - 80% Choice                         -                    -

35 - 65% Choice     136     59.2   1,402-1,402  1,402  137.00-137.00      137.00

 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     277     63.6     761-891     825   233.06-245.75      236.81

65 - 80% Choice      69     65.2     803-803     803   226.74-226.74      226.74

35 - 65% Choice     464     63.8     725-858     794   226.25-237.26      227.01

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      11     63.9     773-773     773   246.15-246.15      246.15

65 - 80% Choice                         -                    -

35 - 65% Choice     191     64.2     788-856     814   222.42-224.79      223.31

 0 - 35% Choice      60     62.0     891-944     918   211.53-213.18      212.33

MIXED STEER/HEIFER

Over 80% Choice     220     62.8     731-846     796   233.58-246.48      239.86

65 - 80% Choice     149     62.2     726-879     801   230.29-239.95      234.48

35 - 65% Choice      59     63.0     738-770     760   237.81-240.10      238.55

 0 - 35% Choice     364     63.8     791-847     812   211.08-223.87      221.48

ALL DRESSED STEERS AND HEIFERS

                  1,864     63.5     725-944     808   211.08-246.48      229.12

MIXED STEER/HEIFER/COW

Over 80% Choice      56     62.5     818-826     820   228.49-236.00      234.26

65 - 80% Choice      35     61.1     769-769     769   230.95-230.95      230.95

35 - 65% Choice      96     62.1     798-834     814   216.36-222.58      220.69

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     157     59.8     747-907     845   221.52-232.70      227.11

65 - 80% Choice      43     61.4     887-887     887   226.90-226.90      226.90

35 - 65% Choice      37     63.8     784-784     784   230.32-230.32      230.32

 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      12     65.7   1,326-1,326  1,326  142.36-142.36      142.36

 0 - 35% Choice     116     63.9   1,500-1,511  1,504  141.64-142.62      142.30

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      97     64.5   1,113-1,113  1,113  141.35-141.35      141.35

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     126     62.9   1,283-1,283  1,283  136.31-136.31      136.31

 0 - 35% Choice     173     64.4   1,185-1,282  1,231  138.93-141.27      140.04

ALL LIVE STEERS AND HEIFERS

                    524     64.0   1,113-1,511  1,284  136.31-142.62      139.94

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     308     62.2   1,367-1,379  1,368  137.59-138.46      137.64

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                9,980         822         229.61

 KANSAS                  3,354         804         235.18

 NEBRASKA                4,017         846         239.43

 COLORADO

 WESTERN CORNBELT        1,018         813         239.34

  TOTAL 5-AREA          18,369         823         233.31

 N.CENTRAL/E.MT             46         792         241.21

 WESTERN STATES          2,633         800         233.36

 EASTERN CORNBELT           80         899         234.58

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,053         804         225.71

 KANSAS                    144         837         230.24

 NEBRASKA                  104         773         239.48

 COLORADO

 WESTERN CORNBELT          298         830         233.56

  TOTAL 5-AREA           1,542         810         227.88

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT           58         806         241.17

 NORTHEASTERN STATES       196         799         230.32





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

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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