Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri Jun 27, 2014    USDA Market News



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

For Primarily Thursday, 06/26/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   31,417    176,305      40,985      176,420      30,442      219,432

Live:       8,272     26,326       4,274       18,618       5,396       29,116

Total:     39,689    202,631      45,259      195,038      35,838      248,548



NEGOTIATED GRID NET:

Dressed:    4,134     14,270       2,730        9,868       4,058       23,185

Live:         148      2,544         333        1,878           0        3,988

Total:      4,282     16,814       3,063       11,746       4,058       27,173





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,782     63.8     728-924     876   236.78-260.92      239.93

65 - 80% Choice   4,350     64.3     731-953     870   223.80-242.42      238.06

35 - 65% Choice   5,892     64.2     757-911     859   230.79-241.52      237.18

 0 - 35% Choice   2,274     63.4     648-929     860   232.85-261.26      240.25

HEIFER

Over 80% Choice   1,014     64.0     659-897     786   234.26-244.67      240.06

65 - 80% Choice   3,289     63.7     691-824     760   234.00-240.93      237.94

35 - 65% Choice   3,523     64.2     683-832     751   225.49-239.88      236.64

 0 - 35% Choice   1,112     63.6     717-853     770   236.00-261.18      242.64

MIXED STEER/HEIFER

Over 80% Choice     586     63.1     697-912     777   236.55-253.58      240.96

65 - 80% Choice     425     62.9     754-895     832   227.72-239.26      236.46

35 - 65% Choice     208     62.8     729-897     818   229.69-236.47      232.66

 0 - 35% Choice     652     61.4     703-885     741   233.87-237.46      234.87

ALL DRESSED STEERS AND HEIFERS

                 26,107     63.9     648-953     823   223.80-261.26      238.24

MIXED STEER/HEIFER/COW

Over 80% Choice     379     63.4     768-830     808   238.30-242.60      241.89

65 - 80% Choice     129     62.6     749-799     766   227.00-235.57      232.71

35 - 65% Choice     385     62.5     751-981     813   210.69-239.46      229.12

 0 - 35% Choice     285     59.9     768-883     838   206.36-236.78      216.31

DAIRYBRED STEER/HEIFER

Over 80% Choice     696     61.5     779-965     875   230.72-236.09      233.11

65 - 80% Choice   1,616     61.6     774-940     862   227.00-235.50      231.23

35 - 65% Choice   1,651     61.6     753-894     838   224.50-234.09      229.67

 0 - 35% Choice     169     60.1     788-845     802   228.19-230.70      228.78





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     821     63.0   1,055-1,435  1,343  148.50-173.69      157.23

65 - 80% Choice   1,315     63.2   1,071-1,516  1,387  149.00-151.56      150.40

35 - 65% Choice   3,370     62.8   1,044-1,484  1,275  146.89-170.46      149.82

 0 - 35% Choice     363     61.8   1,318-1,414  1,338  151.00-151.50      151.45

HEIFER

Over 80% Choice     489     62.3   1,144-1,293  1,200  154.00-169.23      162.08

65 - 80% Choice     286     63.1   1,101-1,210  1,180  146.82-150.50      149.50

35 - 65% Choice   1,033     63.0     986-1,299  1,140  146.45-151.50      148.74

 0 - 35% Choice      39     63.6   1,185-1,185  1,185  150.00-150.00      150.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     118     61.0   1,159-1,267  1,194  159.70-160.42      160.19

35 - 65% Choice     295     63.5   1,128-1,236  1,179  146.95-150.00      149.25

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  8,129     62.8     986-1,516  1,273  146.45-173.69      151.45

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      24     59.1   1,362-1,362  1,362  139.80-139.80      139.80

65 - 80% Choice                         -                    -

35 - 65% Choice     119     60.8   1,315-1,364  1,354  136.00-141.00      139.99

 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     458     63.5     690-938     849   235.38-241.96      238.20

65 - 80% Choice     224     64.0     864-893     877   228.62-238.64      236.55

35 - 65% Choice     167     63.0     783-885     854   217.26-237.00      233.33

 0 - 35% Choice     481     63.7     880-910     897   232.62-238.00      237.17

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      90     62.2     693-693     693   234.39-234.39      234.39

 0 - 35% Choice     178     63.6     862-929     880   214.80-239.00      230.37

MIXED STEER/HEIFER

Over 80% Choice     429     63.3     732-854     784   230.82-248.27      238.51

65 - 80% Choice     207     63.5     715-830     756   229.37-241.68      234.53

35 - 65% Choice     482     63.0     727-846     789   223.46-234.73      230.56

 0 - 35% Choice     298     63.9     790-922     873   218.37-238.00      236.48

ALL DRESSED STEERS AND HEIFERS

                  3,014     63.4     690-938     833   214.80-248.27      235.47

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      52     64.0     757-835     815   229.16-231.06      230.59

35 - 65% Choice      98     59.9     788-841     829   228.64-231.44      230.81

 0 - 35% Choice      38     56.8     855-855     855   217.14-217.14      217.14

DAIRYBRED STEER/HEIFER

Over 80% Choice     334     60.2     702-938     827   225.43-232.77      229.30

65 - 80% Choice     165     59.6     703-825     794   220.00-233.28      225.86

35 - 65% Choice     289     60.1     694-818     783   219.65-227.98      224.06

 0 - 35% Choice     144     59.7     835-835     835   228.00-228.00      228.00





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      41     64.2   1,240-1,240  1,240  149.56-149.56      149.56

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                     41     64.2   1,240-1,240  1,240  149.56-149.56      149.56

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     107     60.2   1,363-1,363  1,363  132.67-132.67      132.67

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                7,406         778         236.93

 KANSAS                  3,664         871         239.83

 NEBRASKA                7,358         863         237.77

 COLORADO                2,812         802         241.23

 WESTERN CORNBELT        1,207         824         238.88

  TOTAL 5-AREA          22,408         827         238.32

 N.CENTRAL/E.MT          1,178         827         239.19

 WESTERN STATES          2,433         790         236.78

 EASTERN CORNBELT           49         846         248.14

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  288         760         230.40

 KANSAS                     38         846         231.04

 NEBRASKA                1,416         878         237.40

 COLORADO

 WESTERN CORNBELT          593         817         234.38

  TOTAL 5-AREA           2,294         849         235.65

 N.CENTRAL/E.MT            136         836         239.74

 WESTERN STATES

 EASTERN CORNBELT          255         773         235.56

 NORTHEASTERN STATES       288         770         231.74





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

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





1130C













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