Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, May 22, 2014    USDA Market News



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

For Primarily Wednesday, 05/21/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   38,224    154,093      41,946      148,452      59,489      167,393

Live:       5,203     20,965       6,003       17,596       7,935       23,420

Total:     43,427    175,058      47,949      166,048      67,424      190,813



NEGOTIATED GRID NET:

Dressed:    5,708     11,035       3,641       10,800       4,263       15,377

Live:       1,408      2,728         186        2,504         676        3,324

Total:      7,116     13,763       3,827       13,304       4,939       18,701





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,276     63.6     646-965     878   221.77-265.48      238.30

65 - 80% Choice   7,833     63.9     755-923     861   222.49-263.49      235.49

35 - 65% Choice   5,904     64.0     717-948     852   225.36-242.70      234.27

 0 - 35% Choice     389     64.6     794-893     803   225.15-235.00      226.09

HEIFER

Over 80% Choice   2,687     63.4     729-954     785   229.68-262.97      239.35

65 - 80% Choice   3,460     63.8     661-837     782   230.39-266.19      234.49

35 - 65% Choice   1,363     63.8     630-806     754   229.14-237.20      231.97

 0 - 35% Choice     108     64.7     767-796     784   228.01-234.67      230.72

MIXED STEER/HEIFER

Over 80% Choice   1,263     62.9     714-916     792   229.88-244.18      238.84

65 - 80% Choice   1,353     62.8     691-882     797   225.31-241.86      233.88

35 - 65% Choice     933     62.7     643-932     811   214.34-235.99      229.11

 0 - 35% Choice     653     61.2     628-795     703   216.01-233.41      229.76

ALL DRESSED STEERS AND HEIFERS

                 31,222     63.7     628-965     831   214.34-266.19      235.42

MIXED STEER/HEIFER/COW

Over 80% Choice     302     63.0     887-920     899   229.68-232.53      230.01

65 - 80% Choice     926     63.8     688-948     870   226.40-232.00      230.82

35 - 65% Choice   1,307     63.1     622-1,059   850   218.08-234.98      227.11

 0 - 35% Choice     494     59.0     884-1,035   977   206.00-212.41      208.70

DAIRYBRED STEER/HEIFER

Over 80% Choice     876     61.1     787-883     835   224.38-231.97      227.61

65 - 80% Choice   1,081     60.0     693-912     811   219.80-231.00      227.57

35 - 65% Choice   1,889     61.7     739-898     835   220.16-229.00      224.94

 0 - 35% Choice     127     60.6     694-809     784   216.29-220.16      219.31





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,184     62.6   1,263-1,557  1,389  142.90-160.28      148.20

65 - 80% Choice     473     62.7   1,302-1,446  1,381  146.50-158.83      149.73

35 - 65% Choice     824     63.1   1,250-1,504  1,335  144.87-153.00      146.54

 0 - 35% Choice     156     63.3   1,244-1,341  1,294  144.87-145.74      145.32

HEIFER

Over 80% Choice     226     62.2   1,189-1,213  1,208  146.50-161.82      151.88

65 - 80% Choice     185     63.0   1,085-1,234  1,189  144.94-145.50      145.24

35 - 65% Choice   1,301     62.4   1,118-1,241  1,161  145.00-147.00      145.53

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     381     64.8   1,255-1,383  1,271  146.00-149.35      146.49

35 - 65% Choice      75     62.8   1,172-1,172  1,172  151.90-151.90      151.90

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,805     62.8   1,085-1,557  1,285  142.90-161.82      147.23

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      36     59.7   1,296-1,296  1,296  137.44-137.44      137.44

65 - 80% Choice      36     59.1   1,283-1,283  1,283  137.44-137.44      137.44

35 - 65% Choice     326     61.1   1,257-1,358  1,315  134.00-137.94      135.47

 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     800     62.9     717-896     821   235.54-241.74      239.24

65 - 80% Choice     925     62.1     719-935     829   233.32-238.60      237.34

35 - 65% Choice     399     62.8     810-921     868   227.31-238.03      236.91

 0 - 35% Choice      17     62.0     773-773     773   216.34-216.34      216.34

HEIFER

Over 80% Choice     220     62.6     737-812     753   238.91-241.21      239.71

65 - 80% Choice     132     63.7     753-824     775   234.81-237.37      236.59

35 - 65% Choice                         -                    -

 0 - 35% Choice     146     63.0     716-978     792   209.61-230.00      222.94

MIXED STEER/HEIFER

Over 80% Choice   1,212     63.3     642-891     799   228.28-243.99      238.87

65 - 80% Choice     123     62.0     764-887     812   233.52-236.00      234.44

35 - 65% Choice     293     64.3     761-859     812   227.85-234.58      230.60

 0 - 35% Choice     306     64.1     739-911     854   217.10-231.50      228.35

ALL DRESSED STEERS AND HEIFERS

                  4,573     63.0     642-978     817   209.61-243.99      236.48

MIXED STEER/HEIFER/COW

Over 80% Choice      42     64.4     864-864     864   234.78-234.78      234.78

65 - 80% Choice      87     61.6     715-863     781   225.40-230.44      227.66

35 - 65% Choice     198     61.7     693-953     887   214.31-226.32      224.82

 0 - 35% Choice      25     59.8   1,022-1,022  1,022  216.50-216.50      216.50

DAIRYBRED STEER/HEIFER

Over 80% Choice     321     60.1     791-889     825   217.93-231.48      226.26

65 - 80% Choice     250     59.8     761-861     825   216.81-230.00      225.48

35 - 65% Choice     136     60.4     832-832     832   220.00-220.00      220.00

 0 - 35% Choice      76     58.2     784-784     784   228.00-228.00      228.00





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      38     64.6   1,271-1,271  1,271  145.00-145.00      145.00

 0 - 35% Choice      80     65.1   1,256-1,262  1,259  144.00-144.00      144.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      86     65.2   1,145-1,145  1,145  146.00-146.00      146.00

 0 - 35% Choice     127     63.8   1,128-1,207  1,181  146.00-146.00      146.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      90     64.0   1,189-1,208  1,198  143.25-144.50      143.83

35 - 65% Choice     369     64.2   1,146-1,515  1,254  140.68-144.09      142.75

 0 - 35% Choice     443     64.1   1,121-1,350  1,224  144.00-145.00      144.27

ALL LIVE STEERS AND HEIFERS

                  1,233     64.2   1,121-1,515  1,225  140.68-146.00      144.09

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     164     61.2   1,264-1,264  1,264  135.66-135.66      135.66

35 - 65% Choice      11     60.5   1,221-1,221  1,221  133.77-133.77      133.77

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                7,318         823         230.72

 KANSAS                  2,131         856         235.99

 NEBRASKA               11,577         855         237.44

 COLORADO                3,491         811         240.42

 WESTERN CORNBELT        1,821         817         235.28

  TOTAL 5-AREA          26,300         838         235.72

 N.CENTRAL/E.MT          1,413         781         235.60

 WESTERN STATES          3,116         789         232.95

 EASTERN CORNBELT          355         871         235.73

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  608         826         228.86

 KANSAS                     40         821         239.61

 NEBRASKA                1,123         833         237.88

 COLORADO

 WESTERN CORNBELT          390         805         234.09

  TOTAL 5-AREA           2,149         826         234.69

 N.CENTRAL/E.MT          1,370         819         238.66

 WESTERN STATES

 EASTERN CORNBELT          749         798         238.22

 NORTHEASTERN STATES       293         784         235.13





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

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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