Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, May 30, 2014    USDA Market News



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

For Primarily Thursday, 05/29/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   44,553    139,546      34,828      189,029      40,304      157,170

Live:       5,343     19,044       3,914       24,879       7,725       25,116

Total:     49,896    158,590      38,742      213,908      48,029      182,286



NEGOTIATED GRID NET:

Dressed:    2,175      7,740       2,706       13,782       4,989       15,987

Live:         321      1,687          39        2,767       1,317        3,029

Total:      2,496      9,427       2,745       16,549       6,306       19,016





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,758     64.0     785-941     868   228.41-262.01      241.22

65 - 80% Choice   7,327     63.5     736-955     848   224.87-263.42      236.04

35 - 65% Choice  14,455     63.4     733-942     842   220.38-262.33      232.04

 0 - 35% Choice   1,179     64.4     742-886     791   220.48-234.08      225.01

HEIFER

Over 80% Choice   2,917     63.4     683-875     789   230.07-266.17      238.30

65 - 80% Choice   2,751     64.0     702-829     754   227.15-237.34      232.38

35 - 65% Choice   2,968     64.0     646-855     735   224.42-235.52      230.38

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     443     62.5     713-879     787   229.48-243.14      234.05

65 - 80% Choice     344     62.2     644-927     783   224.71-236.95      231.08

35 - 65% Choice     435     63.4     678-842     775   221.21-231.42      226.10

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                 37,577     63.6     644-955     824   220.38-266.17      234.09

MIXED STEER/HEIFER/COW

Over 80% Choice     532     63.7     750-878     804   226.24-238.13      232.45

65 - 80% Choice     650     62.8     741-927     820   219.90-231.92      229.29

35 - 65% Choice     899     62.2     736-992     866   218.81-229.00      223.82

 0 - 35% Choice     390     58.5     805-997     909   194.69-211.03      200.47

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,620     61.9     748-899     844   216.86-230.78      227.39

65 - 80% Choice     842     61.8     737-903     815   215.94-226.96      222.69

35 - 65% Choice   2,043     60.9     656-884     807   203.70-228.00      219.95

 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     115     62.6   1,308-1,407  1,338  145.00-148.85      146.17

65 - 80% Choice     234     63.4   1,367-1,427  1,407  148.71-148.73      148.72

35 - 65% Choice   2,759     63.0   1,256-1,416  1,335  142.00-148.76      145.07

 0 - 35% Choice     124     62.9   1,258-1,258  1,258  144.87-144.87      144.87

HEIFER

Over 80% Choice     175     62.6   1,249-1,266  1,258  148.73-148.77      148.75

65 - 80% Choice     694     63.0   1,125-1,288  1,227  145.50-148.71      146.66

35 - 65% Choice     611     62.9   1,134-1,230  1,199  144.00-144.50      144.10

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     232     62.9   1,127-1,251  1,207  144.81-160.57      150.91

65 - 80% Choice      42     61.1   1,004-1,004  1,004  168.09-168.09      168.09

35 - 65% Choice      82     63.5   1,282-1,282  1,282  144.00-144.00      144.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,068     63.0   1,004-1,427  1,293  142.00-168.09      145.92

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     140     59.7   1,331-1,331  1,331  134.00-134.00      134.00

35 - 65% Choice     135     60.1   1,212-1,309  1,250  133.50-133.50      133.50

 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      89     62.7     774-820     799   236.48-239.36      237.77

65 - 80% Choice     426     63.5     843-934     873   232.00-237.23      235.47

35 - 65% Choice     286     64.0     807-879     865   230.52-236.94      232.90

 0 - 35% Choice      12     63.6     902-902     902   220.65-220.65      220.65

HEIFER

Over 80% Choice      61     63.5     635-809     778   232.97-234.08      233.17

65 - 80% Choice     200     63.1     801-801     801   230.00-230.00      230.00

35 - 65% Choice      32     64.4     874-874     874   230.83-230.83      230.83

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     349     63.3     725-787     759   229.47-236.61      231.40

65 - 80% Choice                         -                    -

35 - 65% Choice     144     61.7     715-821     784   221.56-237.90      233.87

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  1,599     63.3     635-934     822   220.65-239.36      233.13

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      28     61.4     718-718     718   229.54-229.54      229.54

35 - 65% Choice      40     58.8     907-907     907   217.75-217.75      217.75

 0 - 35% Choice     106     59.1     833-912     883   212.36-212.90      212.56

DAIRYBRED STEER/HEIFER

Over 80% Choice     308     60.1     784-944     843   220.57-229.92      224.74

65 - 80% Choice      66     61.6     846-925     883   220.23-227.37      224.02

35 - 65% Choice      28     57.2     768-820     788   215.66-223.73      218.83

 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      36     63.5   1,402-1,402  1,402  147.00-147.00      147.00

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      84     64.4   1,234-1,234  1,234  149.00-149.00      149.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    120     64.1   1,234-1,402  1,284  147.00-149.00      148.40

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     102     60.4   1,361-1,361  1,361  134.00-134.00      134.00

65 - 80% Choice                         -                    -

35 - 65% Choice      99     58.9   1,401-1,401  1,401  134.00-134.00      134.00

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               14,208         815         230.81

 KANSAS                  1,891         855         231.50

 NEBRASKA                6,059         844         237.07

 COLORADO               12,056         822         237.87

 WESTERN CORNBELT          828         851         233.46

  TOTAL 5-AREA          34,921         825         234.42

 N.CENTRAL/E.MT             80         810         234.25

 WESTERN STATES          2,001         794         228.31

 EASTERN CORNBELT          454         832         233.77

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  221         768         229.78

 KANSAS                     15         790         221.56

 NEBRASKA                  803         850         233.71

 COLORADO

 WESTERN CORNBELT          374         815         232.80

  TOTAL 5-AREA           1,413         827         232.73

 N.CENTRAL/E.MT            129         783         235.30

 WESTERN STATES

 EASTERN CORNBELT           17         787         235.56

 NORTHEASTERN STATES        40         774         239.36





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

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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