Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, May 20, 2014    USDA Market News



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

For Primarily Monday, 05/19/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   60,373     60,373      60,092       60,092      67,393       67,393

Live:       8,926      8,926       6,863        6,863       8,887        8,887

Total:     69,299     69,299      66,955       66,955      76,280       76,280



NEGOTIATED GRID NET:

Dressed:    2,325      2,325       3,642        3,642       4,439        4,439

Live:       1,174      1,174         786          786         856          856

Total:      3,499      3,499       4,428        4,428       5,295        5,295





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,353     63.7     627-974     839   215.39-251.85      236.97

65 - 80% Choice   7,517     64.2     618-958     843   214.07-241.10      234.42

35 - 65% Choice  16,967     64.0     580-988     847   223.48-240.24      233.75

 0 - 35% Choice   1,561     64.3     776-910     849   225.40-237.20      230.99

HEIFER

Over 80% Choice   4,679     63.6     699-914     769   230.73-254.23      236.76

65 - 80% Choice   9,287     64.2     664-853     767   225.73-239.53      234.32

35 - 65% Choice   6,468     64.2     696-830     755   228.28-239.18      232.88

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,493     63.1     665-917     793   225.35-244.30      237.16

65 - 80% Choice     422     62.1     754-853     814   229.99-237.75      234.57

35 - 65% Choice     652     63.1     602-814     739   219.50-237.20      230.96

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                 55,399     64.0     580-988     812   214.07-254.23      234.45

MIXED STEER/HEIFER/COW

Over 80% Choice      89     64.0     792-800     798   225.77-236.04      228.19

65 - 80% Choice     372     62.9     655-805     689   224.86-230.43      226.08

35 - 65% Choice     316     61.7     563-847     712   210.50-230.96      223.43

 0 - 35% Choice     793     59.1     689-1,061   908   196.87-229.31      205.71

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,196     62.2     783-957     892   223.97-238.56      228.33

65 - 80% Choice   1,403     61.7     783-931     843   223.48-233.61      227.36

35 - 65% Choice     805     60.9     705-886     793   224.34-231.00      227.04

 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     889     63.0   1,119-1,368  1,243  147.00-161.43      154.70

65 - 80% Choice     668     63.6   1,296-1,436  1,352  146.00-147.50      147.10

35 - 65% Choice   2,894     63.8   1,096-1,497  1,312  142.50-148.50      146.49

 0 - 35% Choice      63     63.3   1,263-1,263  1,263  146.50-146.50      146.50

HEIFER

Over 80% Choice      72     63.4   1,297-1,297  1,297  146.50-146.50      146.50

65 - 80% Choice   1,646     63.3   1,150-1,353  1,242  145.50-150.87      148.01

35 - 65% Choice   1,813     63.1   1,090-1,350  1,182  142.82-147.50      145.70

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     356     61.5   1,212-1,423  1,307  149.50-162.41      153.82

35 - 65% Choice      42     62.2   1,267-1,267  1,267  146.00-146.00      146.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  8,443     63.3   1,090-1,497  1,265  142.50-162.41      147.84

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      71     58.5   1,268-1,277  1,272  137.66-137.66      137.66

65 - 80% Choice      82     61.7   1,311-1,311  1,311  138.00-138.00      138.00

35 - 65% Choice     330     61.3   1,132-1,309  1,275  133.00-137.00      135.53

 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     357     62.5     652-873     823   236.35-241.29      238.10

65 - 80% Choice      60     63.2     709-905     840   238.03-239.27      238.44

35 - 65% Choice      74     63.6     894-894     894   224.79-224.79      224.79

 0 - 35% Choice     169     65.4     831-970     843   223.36-231.00      230.32

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      65     62.9     938-938     938   226.52-226.52      226.52

 0 - 35% Choice     167     62.7     718-892     788   212.89-230.00      223.40

MIXED STEER/HEIFER

Over 80% Choice      39     65.1     751-751     751   234.69-234.69      234.69

65 - 80% Choice      85     62.0     762-781     771   234.88-236.00      235.47

35 - 65% Choice                         -                    -

 0 - 35% Choice     599     64.6     746-899     818   211.90-230.00      225.84

ALL DRESSED STEERS AND HEIFERS

                  1,615     63.8     652-970     824   211.90-241.29      229.94

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     180     58.7     817-838     825   228.69-231.06      230.11

35 - 65% Choice     238     60.2     833-922     885   214.70-222.36      219.81

 0 - 35% Choice      82     58.3     782-912     842   219.57-220.08      219.81

DAIRYBRED STEER/HEIFER

Over 80% Choice     159     59.8     778-881     820   225.62-231.73      227.90

65 - 80% Choice      16     57.0     768-768     768   221.27-221.27      221.27

35 - 65% Choice      35     61.4     900-900     900   222.00-222.00      222.00

 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                         -                    -

 0 - 35% Choice      79     63.8   1,215-1,269  1,242  145.00-145.00      145.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     331     63.1   1,203-1,489  1,275  140.80-144.25      143.18

 0 - 35% Choice     570     63.7   1,086-1,299  1,198  142.30-145.00      143.52

ALL LIVE STEERS AND HEIFERS

                    980     63.5   1,086-1,489  1,228  140.80-145.00      143.52

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      35     60.2   1,402-1,402  1,402  134.78-134.78      134.78

65 - 80% Choice                         -                    -

35 - 65% Choice     159     63.4   1,186-1,386  1,371  136.00-138.00      137.85

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               12,576         792         230.79

 KANSAS                 28,181         817         234.62

 NEBRASKA                4,510         843         238.29

 COLORADO                5,452         810         237.00

 WESTERN CORNBELT        1,697         802         239.07

  TOTAL 5-AREA          52,044         812         234.36

 N.CENTRAL/E.MT            250         857         235.81

 WESTERN STATES          2,707         807         235.13

 EASTERN CORNBELT           26         580         226.75

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  842         810         227.22

 KANSAS

 NEBRASKA                  335         894         231.72

 COLORADO                   52         873         236.03

 WESTERN CORNBELT          111         836         222.58

  TOTAL 5-AREA           1,340         836         228.31

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT

 NORTHEASTERN STATES       236         768         238.40





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

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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