Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Tue, Jun 3, 2014    USDA Market News



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

For Primarily Monday, 06/02/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   71,912     71,912           -            -      81,874       81,874

Live:       5,620      5,620           -            -       6,691        6,691

Total:     77,532     77,532           -            -      88,565       88,565



NEGOTIATED GRID NET:

Dressed:    4,284      4,284           0            0       4,648        4,648

Live:       1,929      1,929           0            0         540          540

Total:      6,213      6,213           0            0       5,188        5,188





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,892     63.5     719-981     856   222.59-259.90      235.79

65 - 80% Choice  11,277     63.9     713-954     846   217.39-237.35      230.02

35 - 65% Choice  18,622     64.2     726-953     848   215.59-239.71      227.99

 0 - 35% Choice   1,099     64.3     698-880     777   218.99-230.39      222.36

HEIFER

Over 80% Choice   6,933     63.5     667-913     782   219.69-260.09      233.37

65 - 80% Choice   8,608     63.6     688-851     767   223.09-233.21      230.11

35 - 65% Choice   7,306     64.2     637-857     772   221.48-233.21      227.34

 0 - 35% Choice      64     62.9     728-728     728   225.40-225.40      225.40

MIXED STEER/HEIFER

Over 80% Choice   2,863     63.2     699-938     805   219.95-249.92      233.62

65 - 80% Choice     935     63.0     705-843     797   223.01-234.81      230.53

35 - 65% Choice      78     62.6     732-882     795   216.13-232.34      223.68

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                 64,677     63.8     637-981     818   215.59-260.09      230.14

MIXED STEER/HEIFER/COW

Over 80% Choice     346     64.2     749-828     819   232.26-238.62      237.90

65 - 80% Choice   1,086     63.4     674-883     757   221.66-235.73      228.53

35 - 65% Choice     699     61.4     632-975     803   208.97-234.62      222.35

 0 - 35% Choice     454     60.1     727-915     840   194.55-223.10      203.85

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,335     61.8     798-952     873   219.80-228.73      224.16

65 - 80% Choice   1,677     62.5     805-927     873   219.71-224.26      222.82

35 - 65% Choice   1,516     61.3     802-901     850   208.34-227.20      220.05

 0 - 35% Choice     122     61.6     878-878     878   225.59-225.59      225.59





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     556     62.9   1,194-1,295  1,242  144.46-159.00      152.63

65 - 80% Choice     806     63.0   1,317-1,428  1,403  144.50-147.09      146.49

35 - 65% Choice   1,491     62.3   1,129-1,541  1,351  142.00-145.07      144.32

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     289     62.7   1,015-1,247  1,069  145.00-145.00      145.00

65 - 80% Choice     752     63.9   1,066-1,258  1,144  143.50-145.00      144.54

35 - 65% Choice     531     62.8   1,203-1,340  1,276  142.00-145.00      143.98

 0 - 35% Choice     168     62.8   1,063-1,063  1,063  145.00-145.00      145.00

MIXED STEER/HEIFER

Over 80% Choice     680     62.8   1,193-1,300  1,232  146.00-158.74      154.05

65 - 80% Choice                         -                    -

35 - 65% Choice      42     62.7   1,445-1,445  1,445  145.00-145.00      145.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,315     62.8   1,015-1,541  1,272  142.00-159.00      146.82

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     213     59.5   1,349-1,349  1,349  133.57-133.57      133.57

35 - 65% Choice      92     61.9   1,308-1,308  1,308  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     494     64.0     746-907     821   233.99-239.10      236.91

65 - 80% Choice     308     65.0     754-857     769   221.36-232.90      223.01

35 - 65% Choice     529     63.7     765-854     802   221.43-235.64      225.06

 0 - 35% Choice      94     64.7     722-784     777   218.45-228.00      226.88

HEIFER

Over 80% Choice      11     64.4     763-763     763   237.24-237.24      237.24

65 - 80% Choice     151     64.2     697-814     729   220.98-236.77      225.27

35 - 65% Choice     122     62.8     738-762     754   225.40-228.77      226.56

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     481     63.8     721-901     797   225.24-239.54      231.91

65 - 80% Choice     358     62.0     751-904     850   224.60-239.51      228.89

35 - 65% Choice     693     62.9     614-900     758   216.35-240.83      224.19

 0 - 35% Choice     325     64.6     799-844     815   221.51-224.24      223.51

ALL DRESSED STEERS AND HEIFERS

                  3,566     63.7     614-907     793   216.35-240.83      227.67

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      37     58.5     858-858     858   220.31-220.31      220.31

 0 - 35% Choice     118     57.7     837-843     839   211.39-213.38      212.03

DAIRYBRED STEER/HEIFER

Over 80% Choice     396     59.3     736-942     835   221.53-232.05      226.90

65 - 80% Choice      97     60.6     771-828     798   222.03-227.00      224.59

35 - 65% Choice      70     61.7     788-788     788   222.16-222.16      222.16

 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      42     62.5   1,209-1,209  1,209  142.00-142.00      142.00

 0 - 35% Choice      59     63.5   1,100-1,219  1,134  140.00-141.00      140.29

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      39     62.0   1,055-1,095  1,070  143.00-144.00      143.38

 0 - 35% Choice     109     63.0   1,128-1,360  1,179  142.00-143.00      142.22

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      71     63.8   1,164-1,164  1,164  145.00-145.00      145.00

35 - 65% Choice     941     63.6   1,136-1,345  1,231  138.36-146.00      142.26

 0 - 35% Choice     172     62.3   1,009-1,389  1,134  139.24-144.00      141.00

ALL LIVE STEERS AND HEIFERS

                  1,433     63.4   1,009-1,389  1,203  138.36-146.00      142.19

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     496     61.7   1,340-1,450  1,398  132.45-135.54      134.66

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               15,687         802         225.71

 KANSAS                 28,625         820         230.22

 NEBRASKA               11,401         845         235.06

 COLORADO                1,957         786         227.90

 WESTERN CORNBELT        1,112         806         235.87

  TOTAL 5-AREA          58,148         819         229.92

 N.CENTRAL/E.MT          1,905         821         234.13

 WESTERN STATES          3,913         809         230.51

 EASTERN CORNBELT           77         814         235.28

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,577         769         222.92

 KANSAS                    332         786         222.44

 NEBRASKA                  287         858         227.79

 COLORADO

 WESTERN CORNBELT          442         797         233.59

  TOTAL 5-AREA           2,604         785         225.02

 N.CENTRAL/E.MT            467         823         237.49

 WESTERN STATES

 EASTERN CORNBELT          322         802         231.21

 NORTHEASTERN STATES       139         809         233.72





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

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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