Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, Jun 23, 2014    USDA Market News



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

For Primarily Friday, 06/20/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   32,744    209,164      33,053      200,537      28,393      242,015

Live:       6,810     25,428       6,129       28,426       8,663       41,209

Total:     39,554    234,592      39,182      228,963      37,056      283,224



NEGOTIATED GRID NET:

Dressed:    3,577     13,445       4,598       22,095       7,235       28,862

Live:         618      2,496       1,385        3,700          35        3,469

Total:      4,195     15,941       5,983       25,795       7,270       32,331





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,129     64.0     748-947     884   231.77-256.06      238.45

65 - 80% Choice   3,864     63.8     783-939     871   229.50-242.65      236.23

35 - 65% Choice   7,820     64.1     745-986     868   225.34-240.24      233.75

 0 - 35% Choice   3,999     63.9     703-893     841   223.90-239.00      234.45

HEIFER

Over 80% Choice   1,034     64.0     723-895     784   235.57-241.90      238.45

65 - 80% Choice   1,617     63.6     668-840     763   230.46-238.35      235.42

35 - 65% Choice   2,714     64.3     652-822     737   223.85-239.21      231.02

 0 - 35% Choice   1,186     63.5     692-831     766   224.25-239.55      233.71

MIXED STEER/HEIFER

Over 80% Choice     545     62.5     703-863     762   233.17-261.94      243.29

65 - 80% Choice     454     62.7     622-962     761   231.49-238.48      235.96

35 - 65% Choice     444     63.2     667-896     811   228.96-236.70      232.13

 0 - 35% Choice     444     63.6     760-880     821   226.27-242.31      236.30

ALL DRESSED STEERS AND HEIFERS

                 28,250     63.9     622-986     836   223.85-261.94      235.11

MIXED STEER/HEIFER/COW

Over 80% Choice     324     63.4     665-832     803   235.05-243.55      241.54

65 - 80% Choice                         -                    -

35 - 65% Choice     162     62.0     666-774     741   220.76-229.80      226.19

 0 - 35% Choice     362     59.7     704-892     848   200.71-224.74      217.89

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,489     62.0     780-932     864   228.99-234.19      231.78

65 - 80% Choice   1,036     61.8     803-922     871   226.69-232.57      229.73

35 - 65% Choice   1,086     60.6     750-867     819   217.34-230.61      227.83

 0 - 35% Choice      35     58.6     834-834     834   224.84-224.84      224.84





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     537     63.0   1,121-1,350  1,276  148.50-161.96      150.52

65 - 80% Choice     912     63.0   1,350-1,390  1,364  149.00-152.02      150.03

35 - 65% Choice   3,376     63.0   1,071-1,504  1,329  144.73-152.02      148.36

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      29     63.5   1,232-1,232  1,232  148.69-148.69      148.69

65 - 80% Choice     429     62.8   1,099-1,256  1,196  145.50-150.50      147.99

35 - 65% Choice   1,442     63.0     993-1,523  1,110  144.48-148.50      145.64

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      60     61.4   1,244-1,276  1,255  150.00-162.11      157.87

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,785     63.0     993-1,523  1,274  144.48-162.11      148.24

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      25     60.9   1,454-1,454  1,454  138.05-138.05      138.05

 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      62     63.5     637-850     761   234.88-237.31      236.06

65 - 80% Choice     108     65.0     821-833     829   222.80-230.49      225.08

35 - 65% Choice     383     63.9     732-837     767   222.82-241.41      228.28

 0 - 35% Choice     568     63.5     728-900     839   219.16-238.00      230.75

HEIFER

Over 80% Choice      44     63.6     713-834     790   234.62-241.82      237.24

65 - 80% Choice     171     63.1     704-704     704   229.44-229.44      229.44

35 - 65% Choice      94     62.2     706-932     802   223.51-227.70      225.92

 0 - 35% Choice     205     65.1     728-808     785   223.87-238.00      235.09

MIXED STEER/HEIFER

Over 80% Choice     684     63.2     712-904     818   229.99-242.57      233.39

65 - 80% Choice      43     62.9     811-811     811   236.93-236.93      236.93

35 - 65% Choice     154     63.6     834-840     839   218.11-220.83      220.14

 0 - 35% Choice     163     63.9     810-810     810   220.68-220.68      220.68

ALL DRESSED STEERS AND HEIFERS

                  2,679     63.6     637-932     804   218.11-242.57      230.03

MIXED STEER/HEIFER/COW

Over 80% Choice      19     61.1     711-711     711   233.12-233.12      233.12

65 - 80% Choice      38     60.6     757-757     757   222.77-222.77      222.77

35 - 65% Choice      80     60.2     960-960     960   223.12-223.12      223.12

 0 - 35% Choice      38     56.7     823-823     823   217.15-217.15      217.15

DAIRYBRED STEER/HEIFER

Over 80% Choice     587     60.1     811-904     852   227.17-234.91      230.81

65 - 80% Choice      66     60.4     728-825     780   219.14-226.00      222.78

35 - 65% Choice      55     56.8     756-953     813   216.94-226.64      220.03

 0 - 35% Choice      15     57.9     716-716     716   208.21-208.21      208.21





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     132     63.3   1,236-1,236  1,236  136.35-136.35      136.35

 0 - 35% Choice     131     63.3   1,245-1,245  1,245  136.24-136.24      136.24

ALL LIVE STEERS AND HEIFERS

                    263     63.3   1,236-1,245  1,241  136.24-136.35      136.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     355     62.3   1,261-1,387  1,365  137.51-139.97      139.59

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                8,802         803         230.04

 KANSAS                  3,463         851         236.15

 NEBRASKA                8,842         854         237.71

 COLORADO                2,636         856         237.80

 WESTERN CORNBELT        1,661         845         236.93

  TOTAL 5-AREA          25,242         836         234.79

 N.CENTRAL/E.MT            393         768         243.43

 WESTERN STATES          2,268         850         236.87

 EASTERN CORNBELT          185         800         239.23

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  698         817         220.99

 KANSAS                    426         740         230.52

 NEBRASKA                  376         846         236.00

 COLORADO

 WESTERN CORNBELT          170         778         235.49

  TOTAL 5-AREA           1,670         800         228.28

 N.CENTRAL/E.MT            299         840         237.71

 WESTERN STATES            163         732         226.99

 EASTERN CORNBELT          496         825         231.70

 NORTHEASTERN STATES        51         750         235.79





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

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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