Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Mon Jun 2, 2014    USDA Market News



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

For Primarily Friday, 05/30/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   36,635    176,444      40,628      229,657      34,831      192,001

Live:       9,328     28,436      10,065       34,944      12,238       37,354

Total:     45,963    204,880      50,693      264,601      47,069      229,355



NEGOTIATED GRID NET:

Dressed:    2,478     10,329       2,307       16,089       4,103       20,090

Live:         585      2,272       1,117        3,884          48        3,077

Total:      3,063     12,601       3,424       19,973       4,151       23,167





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,975     63.9     735-951     863   223.86-252.12      233.14

65 - 80% Choice   5,638     64.2     758-948     867   223.72-236.06      228.95

35 - 65% Choice   7,797     64.0     747-948     851   218.59-235.73      228.00

 0 - 35% Choice   1,125     63.8     700-883     853   219.48-232.83      228.43

HEIFER

Over 80% Choice   1,321     63.5     680-858     777   228.67-239.13      233.32

65 - 80% Choice   2,759     63.5     723-894     772   224.97-235.40      230.79

35 - 65% Choice   2,505     63.7     673-795     747   223.40-232.97      228.43

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice   1,198     63.1     683-1,014   802   222.14-254.12      240.28

65 - 80% Choice     892     63.4     779-957     861   220.09-234.00      230.77

35 - 65% Choice     511     63.9     652-867     812   223.91-231.10      227.57

 0 - 35% Choice     668     61.5     713-781     740   218.11-252.81      230.97

ALL DRESSED STEERS AND HEIFERS

                 28,389     63.8     652-1,014   831   218.11-254.12      230.15

MIXED STEER/HEIFER/COW

Over 80% Choice     126     64.1     852-869     858   233.68-235.73      234.40

65 - 80% Choice   1,004     63.2     751-851     802   225.18-232.03      229.81

35 - 65% Choice     992     62.9     745-892     791   211.67-231.04      224.72

 0 - 35% Choice   1,479     61.4     845-1,042  1,004  193.59-216.04      209.28

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,089     61.9     770-968     879   218.25-231.90      224.91

65 - 80% Choice   1,796     61.9     700-928     872   210.93-224.98      222.04

35 - 65% Choice   1,760     61.4     722-929     855   217.63-229.09      222.87

 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     432     63.1   1,281-1,398  1,336  147.09-150.68      147.66

65 - 80% Choice   1,128     63.5   1,341-1,510  1,406  144.00-147.09      145.60

35 - 65% Choice   3,138     63.1   1,094-1,460  1,295  140.80-145.09      143.57

 0 - 35% Choice     359     62.2   1,116-1,397  1,199  140.86-144.00      141.62

HEIFER

Over 80% Choice     232     62.5   1,138-1,204  1,153  145.00-156.98      146.14

65 - 80% Choice   1,058     63.6   1,029-1,268  1,185  140.60-145.00      143.82

35 - 65% Choice   2,085     63.3   1,028-1,284  1,154  140.59-149.50      144.26

 0 - 35% Choice      41     63.0   1,013-1,013  1,013  140.54-140.54      140.54

MIXED STEER/HEIFER

Over 80% Choice      41     62.5   1,249-1,249  1,249  155.00-155.00      155.00

65 - 80% Choice     250     61.4   1,187-1,568  1,271  147.50-163.00      160.77

35 - 65% Choice      88     63.5   1,135-1,204  1,167  143.00-144.00      143.53

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  8,852     63.1   1,013-1,568  1,254  140.54-163.00      144.74

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      94     61.2   1,306-1,378  1,336  135.00-135.66      135.39

65 - 80% Choice                         -                    -

35 - 65% Choice     382     60.5   1,325-1,455  1,394  133.00-135.00      134.14

 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      33     61.9     727-727     727   240.13-240.13      240.13

65 - 80% Choice     156     64.6     900-900     900   232.00-232.00      232.00

35 - 65% Choice     238     64.9     734-858     801   228.00-236.26      229.85

 0 - 35% Choice     261     63.7     823-858     847   228.00-234.00      228.46

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      45     66.1     672-672     672   227.26-227.26      227.26

 0 - 35% Choice     127     62.0     836-874     853   211.25-212.00      211.53

MIXED STEER/HEIFER

Over 80% Choice     381     63.4     742-850     804   221.60-242.03      230.73

65 - 80% Choice      84     63.5     786-908     836   228.86-234.37      232.80

35 - 65% Choice      87     62.8     709-826     767   228.69-231.66      230.49

 0 - 35% Choice      43     62.2     752-752     752   215.27-215.27      215.27

ALL DRESSED STEERS AND HEIFERS

                  1,455     63.7     672-908     818   211.25-242.03      228.39

MIXED STEER/HEIFER/COW

Over 80% Choice      86     63.0     786-786     786   225.47-234.00      230.03

65 - 80% Choice      43     62.5     729-729     729   230.00-230.00      230.00

35 - 65% Choice     108     59.0     853-853     853   224.61-224.61      224.61

 0 - 35% Choice     260     60.1     842-981     943   211.06-214.43      213.75

DAIRYBRED STEER/HEIFER

Over 80% Choice     376     60.2     746-876     831   217.10-230.54      223.38

65 - 80% Choice      90     59.8     833-853     851   221.81-226.83      226.16

35 - 65% Choice      60     61.3     729-788     769   211.39-228.95      223.39

 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     201     64.1   1,087-1,305  1,260  138.58-144.00      142.56

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      78     64.4   1,165-1,165  1,165  140.57-140.57      140.57

 0 - 35% Choice      39     64.3   1,317-1,317  1,317  143.00-143.00      143.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      84     64.2   1,157-1,330  1,241  143.00-144.00      143.49

 0 - 35% Choice     111     63.8   1,127-1,305  1,280  139.54-145.00      143.88

ALL LIVE STEERS AND HEIFERS

                    513     64.1   1,087-1,330  1,251  138.58-145.00      142.73

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      72     60.8   1,367-1,367  1,367  133.27-133.27      133.27

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               11,330         816         227.65

 KANSAS                  6,487         872         229.21

 NEBRASKA                5,198         837         233.34

 COLORADO                  751         810         230.52

 WESTERN CORNBELT          916         832         235.98

  TOTAL 5-AREA          24,640         835         229.64

 N.CENTRAL/E.MT          1,285         801         240.95

 WESTERN STATES          2,287         789         229.36

 EASTERN CORNBELT          135         933         231.44

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  199         817         225.87

 KANSAS                     39         742         221.60

 NEBRASKA                  357         870         229.75

 COLORADO

 WESTERN CORNBELT          447         780         226.43

  TOTAL 5-AREA           1,006         820         227.12

 N.CENTRAL/E.MT             32         908         232.32

 WESTERN STATES

 EASTERN CORNBELT          381         815         231.11

 NORTHEASTERN STATES





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

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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