Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, May 29, 2014    USDA Market News



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

For Primarily Wednesday, 05/28/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   43,686     93,054      38,224      154,201      59,881      116,866

Live:       5,088     13,237       5,203       20,965       6,559       17,391

Total:     48,774    106,291      43,427      175,166      66,440      134,257



NEGOTIATED GRID NET:

Dressed:    3,134      5,273       5,708       11,076       6,380       10,998

Live:          83      1,366       1,408        2,728         314        1,712

Total:      3,217      6,639       7,116       13,804       6,694       12,710





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   9,108     63.7     727-971     834   226.22-273.84      237.18

65 - 80% Choice   8,683     64.2     686-973     871   224.93-273.84      234.11

35 - 65% Choice   7,442     64.0     683-974     854   221.23-237.00      230.51

 0 - 35% Choice     669     64.1     829-897     873   227.98-234.08      231.64

HEIFER

Over 80% Choice   3,562     63.8     652-874     791   227.55-239.31      234.53

65 - 80% Choice   4,708     64.1     632-830     758   225.84-238.59      232.45

35 - 65% Choice   2,873     64.2     678-895     770   224.56-236.00      230.89

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,581     62.9     668-900     786   230.66-240.85      235.12

65 - 80% Choice   1,253     63.7     731-896     784   221.41-237.69      233.38

35 - 65% Choice     454     62.8     684-891     811   220.53-234.08      228.44

 0 - 35% Choice     411     60.7     680-785     711   221.49-228.63      228.19

ALL DRESSED STEERS AND HEIFERS

                 40,744     63.9     632-974     824   220.53-273.84      233.61

MIXED STEER/HEIFER/COW

Over 80% Choice     136     64.5     812-812     812   234.00-234.00      234.00

65 - 80% Choice     697     63.5     671-851     730   225.11-229.86      227.01

35 - 65% Choice      76     58.1     745-745     745   219.16-219.16      219.16

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     652     60.7     765-931     858   221.63-233.01      225.23

65 - 80% Choice     879     61.2     780-924     868   220.70-228.53      223.78

35 - 65% Choice     449     61.5     789-827     810   216.78-223.11      220.60

 0 - 35% Choice      53     61.1     670-895     717   210.05-217.56      211.61





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     568     62.2   1,198-1,409  1,344  144.00-165.88      151.35

65 - 80% Choice   1,362     61.9   1,120-1,434  1,254  143.02-165.56      147.41

35 - 65% Choice     574     63.1   1,248-1,447  1,361  144.00-146.90      145.89

 0 - 35% Choice     181     62.7   1,343-1,382  1,356  144.00-146.71      145.83

HEIFER

Over 80% Choice     293     62.4   1,124-1,124  1,124  147.16-147.16      147.16

65 - 80% Choice     678     62.4   1,077-1,301  1,187  142.11-147.75      145.74

35 - 65% Choice   1,044     61.8   1,077-1,233  1,114  144.00-147.16      146.43

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                  4,700     62.2   1,077-1,447  1,233  142.11-165.88      147.16

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      42     62.7   1,386-1,386  1,386  145.00-145.00      145.00

35 - 65% Choice     346     59.8   1,283-1,376  1,318  133.00-136.38      133.82

 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     499     63.6     771-897     856   230.40-241.52      236.30

65 - 80% Choice     589     62.8     821-912     858   234.07-237.87      236.32

35 - 65% Choice     500     64.7     734-893     811   223.23-230.31      226.75

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     177     63.9     807-807     807   234.20-234.20      234.20

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      13     58.9     800-800     800   219.67-219.67      219.67

MIXED STEER/HEIFER

Over 80% Choice     472     62.6     756-908     847   231.19-238.27      233.76

65 - 80% Choice     183     61.8     794-863     823   224.79-233.47      229.39

35 - 65% Choice      51     63.8     773-857     836   223.67-229.04      225.04

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  2,484     63.3     734-912     839   219.67-241.52      232.92

MIXED STEER/HEIFER/COW

Over 80% Choice      64     61.4     778-778     778   232.15-232.15      232.15

65 - 80% Choice                         -                    -

35 - 65% Choice      45     59.2     792-792     792   220.45-220.45      220.45

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     449     60.4     735-854     804   221.99-229.10      226.38

65 - 80% Choice      92     58.7     731-801     769   210.96-216.84      214.58

35 - 65% Choice                         -                    -

 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

Over 80% Choice      42     62.9   1,295-1,295  1,295  141.37-141.37      141.37

65 - 80% Choice      41     62.9   1,284-1,284  1,284  147.00-147.00      147.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                     83     62.9   1,284-1,295  1,290  141.37-147.00      144.15

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,797         798         229.99

 KANSAS                  9,398         839         232.12

 NEBRASKA               14,325         849         235.92

 COLORADO                  876         754         257.95

 WESTERN CORNBELT          643         810         235.93

  TOTAL 5-AREA          37,003         827         233.58

 N.CENTRAL/E.MT          1,543         818         234.60

 WESTERN STATES          2,120         774         233.40

 EASTERN CORNBELT

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  655         821         227.22

 KANSAS                     55         889         229.84

 NEBRASKA                1,285         854         235.38

 COLORADO

 WESTERN CORNBELT           67         800         233.44

  TOTAL 5-AREA           2,040         844         232.57

 N.CENTRAL/E.MT            216         834         233.00

 WESTERN STATES

 EASTERN CORNBELT           38         794         233.20

 NORTHEASTERN STATES       155         812         238.48





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

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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