Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Jun 17, 2014    USDA Market News



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

For Primarily Monday, 06/16/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   55,084     55,084      60,549       60,549      76,544       76,544

Live:       6,722      6,722       8,239        8,239      10,357       10,357

Total:     61,806     61,806      68,788       68,788      86,901       86,901



NEGOTIATED GRID NET:

Dressed:    2,666      2,666       4,314        4,314       4,889        4,889

Live:         948        948          70           70       1,393        1,393

Total:      3,614      3,614       4,384        4,384       6,282        6,282





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,754     63.4     698-1,012   845   228.89-259.09      236.66

65 - 80% Choice   5,894     63.8     754-984     862   225.41-239.96      233.01

35 - 65% Choice  11,613     64.5     690-940     849   221.84-237.43      230.14

 0 - 35% Choice   3,353     63.4     802-909     869   224.57-237.34      234.16

HEIFER

Over 80% Choice   5,277     63.4     645-852     779   229.85-254.75      236.11

65 - 80% Choice   8,112     63.7     687-863     778   229.23-241.41      233.10

35 - 65% Choice   5,817     63.8     674-841     759   225.92-238.03      231.35

 0 - 35% Choice     963     64.0     761-824     787   231.87-237.34      234.87

MIXED STEER/HEIFER

Over 80% Choice   2,145     63.5     692-917     822   229.44-241.22      234.23

65 - 80% Choice     975     63.4     695-988     832   223.99-234.92      230.39

35 - 65% Choice     418     62.9     684-858     794   227.60-233.64      231.86

 0 - 35% Choice      26     65.9     801-801     801   237.34-237.34      237.34

ALL DRESSED STEERS AND HEIFERS

                 51,347     63.8     645-1,012   820   221.84-259.09      233.09

MIXED STEER/HEIFER/COW

Over 80% Choice     118     60.7     779-875     813   224.69-234.79      228.28

65 - 80% Choice     238     62.8     727-903     794   225.36-233.92      230.28

35 - 65% Choice     226     62.0     754-949     853   213.80-226.80      222.80

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,046     61.9     692-960     864   219.45-230.01      225.40

65 - 80% Choice   1,083     61.0     707-893     817   218.24-227.19      224.33

35 - 65% Choice     521     61.7     846-914     870   219.89-227.27      224.47

 0 - 35% Choice     505     62.6     800-888     841   220.28-224.62      223.42





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     481     63.5   1,237-1,547  1,375  145.00-164.00      152.49

65 - 80% Choice     990     63.4   1,268-1,469  1,406  145.00-147.83      146.38

35 - 65% Choice   2,865     63.4   1,132-1,440  1,299  141.91-149.00      145.38

 0 - 35% Choice     371     62.4   1,248-1,550  1,387  140.00-149.00      146.16

HEIFER

Over 80% Choice     293     63.3   1,193-1,281  1,253  146.00-147.75      147.19

65 - 80% Choice     375     62.4   1,173-1,413  1,247  144.00-146.32      145.48

35 - 65% Choice     563     63.1   1,153-1,438  1,229  143.50-145.50      145.04

 0 - 35% Choice      81     61.6   1,120-1,277  1,162  145.00-145.00      145.00

MIXED STEER/HEIFER

Over 80% Choice     428     62.6   1,216-1,244  1,237  142.13-166.04      148.16

65 - 80% Choice                         -                    -

35 - 65% Choice      58     61.0   1,299-1,299  1,299  145.50-145.50      145.50

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,505     63.1   1,120-1,550  1,309  140.00-166.04      146.34

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     194     59.7   1,336-1,336  1,336  131.62-131.62      131.62

35 - 65% Choice      23     61.4   1,312-1,312  1,312  132.25-132.25      132.25

 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     354     63.5     718-887     817   224.68-238.59      232.73

65 - 80% Choice     117     62.1     874-883     877   229.89-232.31      231.50

35 - 65% Choice      45     62.2     768-768     768   234.68-234.68      234.68

 0 - 35% Choice     280     63.0     841-841     841   234.06-234.06      234.06

HEIFER

Over 80% Choice     250     63.2     741-862     796   232.31-237.05      235.40

65 - 80% Choice      14     64.1     699-699     699   227.36-227.36      227.36

35 - 65% Choice      48     66.2     902-902     902   227.00-227.00      227.00

 0 - 35% Choice     218     65.0     720-879     792   227.00-228.00      227.55

MIXED STEER/HEIFER

Over 80% Choice     476     63.3     650-913     779   229.85-243.82      236.70

65 - 80% Choice      68     61.7     723-807     777   218.92-231.20      226.15

35 - 65% Choice     128     61.9     792-866     833   224.27-233.62      227.56

 0 - 35% Choice      43     62.3     806-806     806   236.00-236.00      236.00

ALL DRESSED STEERS AND HEIFERS

                  2,041     63.3     650-913     809   218.92-243.82      232.94

MIXED STEER/HEIFER/COW

Over 80% Choice      34     64.2     917-917     917   221.41-221.41      221.41

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      40     56.6     767-767     767   215.10-215.10      215.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     357     60.0     755-929     835   220.06-230.73      227.36

65 - 80% Choice     132     60.2     722-888     790   214.82-228.40      223.32

35 - 65% Choice      62     59.2     863-892     880   220.85-222.92      221.72

 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     102     64.0   1,434-1,434  1,434  134.90-134.90      134.90

65 - 80% Choice                         -                    -

35 - 65% Choice      42     64.8   1,149-1,149  1,149  143.00-143.00      143.00

 0 - 35% Choice      72     64.4   1,171-1,470  1,308  138.64-142.00      140.46

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     269     64.1   1,052-1,208  1,075  143.00-144.00      143.85

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     167     63.3   1,142-1,311  1,232  137.35-144.00      141.83

ALL LIVE STEERS AND HEIFERS

                    652     64.0   1,052-1,470  1,202  134.90-144.00      141.51

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     183     61.5   1,393-1,393  1,393  134.93-134.93      134.93

35 - 65% Choice     113     61.4   1,383-1,402  1,398  134.74-134.74      134.74

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,196         799         229.49

 KANSAS                 24,467         823         234.23

 NEBRASKA                6,768         830         233.85

 COLORADO                3,369         846         234.17

 WESTERN CORNBELT        1,127         774         235.40

  TOTAL 5-AREA          46,542         819         233.00

 N.CENTRAL/E.MT          1,034         806         234.78

 WESTERN STATES          3,281         832         232.72

 EASTERN CORNBELT           79         828         239.42

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  353         812         226.77

 KANSAS

 NEBRASKA                  499         817         234.88

 COLORADO

 WESTERN CORNBELT          400         793         234.25

  TOTAL 5-AREA           1,141         809         231.72

 N.CENTRAL/E.MT            337         835         233.52

 WESTERN STATES

 EASTERN CORNBELT          268         767         232.15

 NORTHEASTERN STATES        75         797         237.53





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

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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