Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, May 23, 2014    USDA Market News



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

For Primarily Thursday, 05/22/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   34,828    188,921      28,868      177,320      26,683      194,076

Live:       3,914     24,731       7,816       25,412       7,521       30,941

Total:     38,742    213,652      36,684      202,732      34,204      225,017



NEGOTIATED GRID NET:

Dressed:    2,729     13,764       1,559       12,359       5,823       21,200

Live:          39      2,767          72        2,576         892        4,216

Total:      2,768     16,531       1,631       14,935       6,715       25,416





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,734     63.3     737-941     860   221.52-241.91      233.67

65 - 80% Choice   2,568     63.9     639-940     838   220.04-238.24      230.31

35 - 65% Choice  11,550     64.2     629-962     858   215.71-237.80      228.16

 0 - 35% Choice     845     63.2     638-882     796   214.60-231.47      221.99

HEIFER

Over 80% Choice   1,204     63.8     673-839     759   227.09-245.22      234.58

65 - 80% Choice   2,779     63.9     700-876     773   224.80-240.38      231.50

35 - 65% Choice   4,785     63.9     676-834     755   220.67-237.92      226.63

 0 - 35% Choice     203     62.2     783-841     816   228.44-234.00      231.59

MIXED STEER/HEIFER

Over 80% Choice     910     62.4     726-877     789   228.99-242.93      234.43

65 - 80% Choice     763     62.8     636-892     807   220.17-240.08      231.83

35 - 65% Choice     158     61.0     661-781     734   216.31-239.15      229.98

 0 - 35% Choice     532     61.2     703-733     717   228.15-234.00      228.89

ALL DRESSED STEERS AND HEIFERS

                 29,031     63.8     629-962     819   214.60-245.22      229.36

MIXED STEER/HEIFER/COW

Over 80% Choice     561     63.9     750-872     826   227.93-235.30      230.84

65 - 80% Choice     584     63.5     716-852     815   234.00-236.86      236.03

35 - 65% Choice     759     63.6     682-906     780   212.48-226.59      224.18

 0 - 35% Choice     155     59.2     861-1,020   949   203.46-217.42      209.92

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,795     61.7     754-949     880   224.00-236.57      228.38

65 - 80% Choice   1,139     62.0     738-946     838   221.31-230.01      224.81

35 - 65% Choice     688     61.7     729-893     855   215.16-223.68      220.55

 0 - 35% Choice     116     59.3     804-804     804   224.00-224.00      224.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     337     63.3   1,139-1,336  1,265  142.90-146.00      144.01

65 - 80% Choice     208     62.7   1,339-1,450  1,371  146.00-148.00      147.33

35 - 65% Choice   1,380     63.4   1,133-1,532  1,239  142.42-147.22      144.70

 0 - 35% Choice     322     63.1   1,298-1,310  1,302  143.33-146.00      145.07

HEIFER

Over 80% Choice     119     62.2   1,218-1,218  1,218  148.00-148.00      148.00

65 - 80% Choice     222     64.3   1,070-1,176  1,137  145.00-146.00      145.64

35 - 65% Choice     463     62.9   1,125-1,287  1,220  145.00-147.75      146.75

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      42     61.0   1,339-1,339  1,339  155.75-155.75      155.75

65 - 80% Choice                         -                    -

35 - 65% Choice     646     63.5   1,210-1,322  1,248  142.10-146.00      143.73

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,739     63.3   1,070-1,532  1,248  142.10-155.75      145.19

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      36     61.0   1,255-1,255  1,255  137.44-137.44      137.44

65 - 80% Choice     106     60.4   1,352-1,352  1,352  137.94-137.94      137.94

35 - 65% Choice      33     60.9   1,318-1,318  1,318  135.00-135.00      135.00

 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     122     62.9     745-827     799   235.64-244.29      238.62

65 - 80% Choice     200     63.8     732-732     732   226.17-226.17      226.17

35 - 65% Choice     323     62.2     745-937     807   214.23-234.00      225.58

 0 - 35% Choice      11     62.0     813-813     813   209.22-209.22      209.22

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      18     64.5     686-686     686   235.88-235.88      235.88

35 - 65% Choice      28     64.5     700-700     700   231.29-231.29      231.29

 0 - 35% Choice     125     62.0     854-949     919   211.27-213.63      212.46

MIXED STEER/HEIFER

Over 80% Choice     277     63.5     760-907     862   234.26-240.23      236.53

65 - 80% Choice     311     62.5     712-838     784   225.26-243.41      234.19

35 - 65% Choice     107     62.0     743-769     758   226.85-233.81      229.82

 0 - 35% Choice      21     62.0     842-842     842   212.69-212.69      212.69

ALL DRESSED STEERS AND HEIFERS

                  1,543     62.8     686-949     805   209.22-244.29      229.55

MIXED STEER/HEIFER/COW

Over 80% Choice     145     65.6     795-795     795   235.00-235.00      235.00

65 - 80% Choice     569     64.1     813-903     846   224.81-235.00      233.17

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     358     60.1     792-967     858   224.00-232.74      227.29

65 - 80% Choice      55     60.4     692-822     788   218.96-229.46      225.57

35 - 65% Choice      59     60.0     769-825     791   209.80-228.38      219.52

 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      39     61.8   1,285-1,285  1,285  140.39-140.39      140.39

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               14,675         815         226.56

 KANSAS                  3,351         848         230.64

 NEBRASKA                3,665         825         234.74

 COLORADO                  464         796         230.96

 WESTERN CORNBELT        2,051         805         236.19

  TOTAL 5-AREA          24,144         820         229.25

 N.CENTRAL/E.MT            326         788         237.82

 WESTERN STATES          4,319         813         229.08

 EASTERN CORNBELT          180         809         233.72

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS                    339         755         225.51

 NEBRASKA                   20         816         238.46

 COLORADO

 WESTERN CORNBELT          606         836         230.72

  TOTAL 5-AREA             821         810         227.17

 N.CENTRAL/E.MT            121         907         234.26

 WESTERN STATES

 EASTERN CORNBELT          250         749         230.09

 NORTHEASTERN STATES       144         779         228.03





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

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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