Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Wed, Jun 25, 2014    USDA Market News



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

For Primarily Tuesday, 06/24/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   44,399    112,819      47,233      102,528      60,209      117,308

Live:       5,528     12,903       4,081       10,968       7,071       14,171

Total:     49,927    125,722      51,314      113,496      67,280      131,479



NEGOTIATED GRID NET:

Dressed:    3,104      6,833       2,973        5,639       7,246       11,955

Live:       1,286      1,426           0          948       1,189        3,089

Total:      4,390      8,259       2,973        6,587       8,435       15,044





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,247     64.1     712-975     855   232.35-267.88      240.75

65 - 80% Choice   8,500     64.1     758-961     872   226.74-275.97      235.78

35 - 65% Choice   6,418     64.2     734-942     854   223.69-237.91      233.24

 0 - 35% Choice   4,775     64.2     719-925     847   223.48-258.31      235.06

HEIFER

Over 80% Choice   2,935     63.9     710-893     808   232.40-270.74      240.64

65 - 80% Choice   4,657     63.8     667-861     761   232.19-241.18      235.66

35 - 65% Choice   3,939     63.8     687-888     745   230.00-239.00      234.10

 0 - 35% Choice   1,342     63.8     739-843     791   234.12-238.00      236.61

MIXED STEER/HEIFER

Over 80% Choice   1,428     63.5     713-914     823   231.33-267.88      241.50

65 - 80% Choice     460     63.7     726-913     803   234.10-239.09      236.33

35 - 65% Choice     549     63.9     717-890     834   229.72-237.24      236.18

 0 - 35% Choice     741     62.2     674-869     779   232.04-238.00      235.19

ALL DRESSED STEERS AND HEIFERS

                 39,991     64.0     667-975     827   223.48-275.97      236.22

MIXED STEER/HEIFER/COW

Over 80% Choice     250     63.8     728-817     778   235.56-240.80      238.47

65 - 80% Choice     135     63.4     796-805     803   233.38-237.61      236.39

35 - 65% Choice     193     61.8     717-826     760   224.88-230.64      228.48

 0 - 35% Choice     193     60.9     977-1,095  1,055  200.65-216.82      211.37

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,344     61.3     761-908     876   225.52-236.55      230.67

65 - 80% Choice     904     61.1     748-929     834   224.95-233.91      228.61

35 - 65% Choice     453     61.3     810-842     827   201.92-229.01      222.24

 0 - 35% Choice     936     61.2     763-844     827   226.82-232.00      230.26





FORMULA 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   1,405     63.8   1,330-1,493  1,386  149.00-149.76      149.17

35 - 65% Choice   1,960     63.1   1,229-1,442  1,352  145.00-150.00      148.90

 0 - 35% Choice     152     61.9   1,324-1,337  1,328  143.00-149.50      147.66

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      32     63.1   1,246-1,246  1,246  150.00-150.00      150.00

35 - 65% Choice   1,143     63.2   1,042-1,350  1,115  148.00-151.00      149.85

 0 - 35% Choice      37     60.5   1,336-1,336  1,336  148.00-148.00      148.00

MIXED STEER/HEIFER

Over 80% Choice     120     63.0   1,112-1,117  1,115  150.76-162.83      154.78

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,849     63.3   1,042-1,493  1,299  143.00-162.83      149.31

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     281     60.4   1,385-1,524  1,475  126.95-134.31      131.69

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     398     61.1   1,378-1,390  1,384  121.97-123.38      122.68





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     322     63.3     709-971     888   221.40-243.60      235.63

65 - 80% Choice     316     65.1     780-902     811   228.01-233.59      229.13

35 - 65% Choice     222     63.0     815-857     834   233.00-240.79      236.26

 0 - 35% Choice      88     61.7     920-920     920   238.00-238.00      238.00

HEIFER

Over 80% Choice      46     63.1     873-873     873   234.28-234.28      234.28

65 - 80% Choice     295     65.3     723-763     749   230.63-232.94      231.44

35 - 65% Choice      80     64.0     634-634     634   241.42-241.42      241.42

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     107     63.1     663-815     754   232.47-242.80      236.94

65 - 80% Choice      56     62.3     644-758     721   233.19-237.33      234.52

35 - 65% Choice                         -                    -

 0 - 35% Choice      87     63.3     776-883     834   221.07-233.00      224.23

ALL DRESSED STEERS AND HEIFERS

                  1,619     63.9     634-971     812   221.07-243.60      233.50

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      42     61.0     784-784     784   232.00-232.00      232.00

35 - 65% Choice     325     60.1     881-912     889   221.92-230.61      226.43

 0 - 35% Choice     355     58.7     837-986     913   214.26-221.80      219.82

DAIRYBRED STEER/HEIFER

Over 80% Choice     505     59.5     765-905     826   221.59-232.73      228.40

65 - 80% Choice     244     60.0     739-867     794   219.53-228.91      225.63

35 - 65% Choice      14     58.9     768-768     768   227.00-227.00      227.00

 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      81     62.8   1,079-1,292  1,179  144.00-147.00      145.59

 0 - 35% Choice      22     62.7   1,378-1,378  1,378  147.00-147.00      147.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      44     61.9   1,058-1,058  1,058  145.36-145.36      145.36

35 - 65% Choice      42     62.5   1,123-1,123  1,123  148.00-148.00      148.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      41     62.7   1,250-1,250  1,250  144.00-144.00      144.00

35 - 65% Choice     480     64.2   1,162-1,428  1,215  141.54-147.00      143.91

 0 - 35% Choice     455     63.6   1,101-1,383  1,263  137.28-148.00      142.29

ALL LIVE STEERS AND HEIFERS

                  1,165     63.7   1,058-1,428  1,226  137.28-148.00      143.66

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.3   1,255-1,255  1,255  138.92-138.92      138.92

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      79     61.0   1,440-1,455  1,450  136.00-136.00      136.00

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               16,906         806         233.04

 KANSAS                  9,372         848         236.61

 NEBRASKA                5,924         843         240.48

 COLORADO                2,822         853         237.52

 WESTERN CORNBELT          388         892         235.59

  TOTAL 5-AREA          35,392         828         235.61

 N.CENTRAL/E.MT          1,195         825         241.85

 WESTERN STATES          3,329         814         240.35

 EASTERN CORNBELT           55         834         257.22

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  547         801         229.35

 KANSAS                    192         763         230.63

 NEBRASKA                  377         868         239.30

 COLORADO

 WESTERN CORNBELT          203         772         234.26

  TOTAL 5-AREA           1,305         809         233.03

 N.CENTRAL/E.MT             89         810         235.18

 WESTERN STATES

 EASTERN CORNBELT           86         787         231.55

 NORTHEASTERN STATES        92         824         239.41





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

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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