Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Fri, Jun 6, 2014    USDA Market News



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

For Primarily Thursday, 06/05/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   28,892    191,273      44,816      139,809      31,725      218,135

Live:       5,092     29,331       5,407       19,108       5,161       29,274

Total:     33,984    220,604      50,223      158,917      36,886      247,409



NEGOTIATED GRID NET:

Dressed:    4,504     16,900       2,216        7,851       4,634       22,433

Live:         825      4,051         321        1,687       1,120        2,863

Total:      5,329     20,951       2,537        9,538       5,754       25,296





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,906     63.6     737-946     863   227.68-242.95      233.03

65 - 80% Choice   2,446     63.8     744-967     838   219.72-233.44      229.40

35 - 65% Choice   7,874     64.2     743-941     855   219.72-233.95      226.29

 0 - 35% Choice   1,614     64.2     692-959     863   213.72-230.99      225.31

HEIFER

Over 80% Choice   1,622     63.6     660-825     769   224.00-239.71      233.45

65 - 80% Choice   3,740     63.7     691-870     758   225.53-234.55      229.25

35 - 65% Choice   2,077     64.2     709-904     762   221.88-229.00      227.15

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     907     62.5     683-975     768   227.18-237.22      231.55

65 - 80% Choice     685     62.9     699-869     828   227.90-233.50      231.17

35 - 65% Choice     155     61.0     731-792     759   223.88-229.66      225.21

 0 - 35% Choice     538     61.0     701-792     733   225.06-225.51      225.26

ALL DRESSED STEERS AND HEIFERS

                 23,564     63.8     660-975     817   213.72-242.95      228.44

MIXED STEER/HEIFER/COW

Over 80% Choice     252     63.7     801-856     831   230.19-236.91      232.82

65 - 80% Choice     338     63.3     755-858     814   225.25-232.01      228.44

35 - 65% Choice   1,061     63.1     579-1,043   846   208.71-229.00      222.37

 0 - 35% Choice     230     59.4     801-893     843   187.35-211.62      195.32

DAIRYBRED STEER/HEIFER

Over 80% Choice     720     61.3     709-915     861   217.05-228.13      224.25

65 - 80% Choice   1,503     61.8     714-929     857   217.56-226.22      222.17

35 - 65% Choice     915     61.5     792-885     841   217.10-220.65      219.73

 0 - 35% Choice     309     60.7     791-864     817   215.07-219.65      216.69





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     518     63.6   1,257-1,603  1,352  140.99-148.53      144.06

65 - 80% Choice     462     63.5   1,167-1,445  1,274  140.80-146.46      143.55

35 - 65% Choice   1,068     62.6   1,145-1,489  1,390  138.00-146.59      143.50

 0 - 35% Choice     393     63.1   1,248-1,438  1,334  143.00-143.50      143.14

HEIFER

Over 80% Choice      46     61.5   1,134-1,134  1,134  145.05-145.05      145.05

65 - 80% Choice     600     64.2   1,052-1,446  1,214  140.53-144.75      143.13

35 - 65% Choice     923     62.6   1,062-1,297  1,146  143.00-146.15      144.44

 0 - 35% Choice     110     63.2   1,183-1,433  1,301  143.00-143.75      143.40

MIXED STEER/HEIFER

Over 80% Choice     383     62.7   1,312-1,312  1,312  139.80-139.80      139.80

65 - 80% Choice      71     62.8   1,205-1,311  1,265  143.09-158.76      151.92

35 - 65% Choice      82     62.6   1,209-1,209  1,209  143.00-143.00      143.00

 0 - 35% Choice     193     63.8   1,206-1,206  1,206  143.71-143.71      143.71

ALL LIVE STEERS AND HEIFERS

                  4,849     63.1   1,052-1,603  1,280  138.00-158.76      143.51

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     159     60.9   1,480-1,480  1,480  134.65-134.65      134.65

65 - 80% Choice      84     60.2   1,348-1,348  1,348  133.09-133.09      133.09

35 - 65% Choice                         -                    -

 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     445     63.2     720-965     887   232.10-236.41      233.66

65 - 80% Choice     379     64.0     798-925     879   222.43-237.89      229.78

35 - 65% Choice     399     64.6     818-856     839   224.84-234.77      227.91

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      74     63.2     782-827     811   231.77-235.61      233.17

65 - 80% Choice     308     62.7     719-719     719   232.21-232.21      232.21

35 - 65% Choice     273     61.9     719-957     909   221.21-224.13      221.81

 0 - 35% Choice     127     62.0     874-930     903   210.04-211.64      211.20

MIXED STEER/HEIFER

Over 80% Choice     650     63.1     729-859     795   225.38-240.07      233.37

65 - 80% Choice     174     61.8     618-815     759   209.81-235.01      227.18

35 - 65% Choice     458     64.4     704-867     810   219.75-227.56      222.01

 0 - 35% Choice     193     63.2     699-857     749   211.27-219.70      217.49

ALL DRESSED STEERS AND HEIFERS

                  3,480     63.3     618-965     825   209.81-240.07      227.88

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     112     60.0     818-1,000   870   225.73-229.33      226.76

 0 - 35% Choice     104     58.4     815-896     863   210.27-219.71      213.64

DAIRYBRED STEER/HEIFER

Over 80% Choice     364     59.9     806-895     840   223.32-229.01      226.08

65 - 80% Choice      28     60.7     839-839     839   223.46-223.46      223.46

35 - 65% Choice     416     61.1     785-846     829   212.99-218.88      215.32

 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      17     65.4   1,337-1,337  1,337  142.38-142.38      142.38

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      40     63.5   1,206-1,206  1,206  142.13-142.13      142.13

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     310     63.0   1,204-1,503  1,341  134.56-141.41      136.89

 0 - 35% Choice     395     63.4   1,139-1,335  1,255  137.50-144.00      142.04

ALL LIVE STEERS AND HEIFERS

                    762     63.3   1,139-1,503  1,289  134.56-144.00      139.96

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      63     59.7   1,311-1,311  1,311  131.70-131.70      131.70

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               12,797         807         226.25

 KANSAS                  1,123         868         231.10

 NEBRASKA                3,598         851         231.76

 COLORADO                  710         834         230.40

 WESTERN CORNBELT        1,339         792         233.59

  TOTAL 5-AREA          19,403         819         228.16

 N.CENTRAL/E.MT          1,181         829         231.05

 WESTERN STATES          2,663         807         228.69

 EASTERN CORNBELT          153         770         235.50

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,089         806         222.65

 KANSAS                     47         827         231.77

 NEBRASKA                  925         861         229.90

 COLORADO

 WESTERN CORNBELT          587         847         228.76

  TOTAL 5-AREA           2,648         835         226.70

 N.CENTRAL/E.MT            129         768         238.25

 WESTERN STATES

 EASTERN CORNBELT          443         799         230.69

 NORTHEASTERN STATES       227         788         229.40





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

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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