Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Wed, Jul 2, 2014    USDA Market News



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

For Primarily Tuesday, 07/01/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   39,866    108,151      44,474      112,894      59,462      143,426

Live:       4,867     12,072       5,528       12,903       6,275       18,660

Total:     44,733    120,223      50,002      125,797      65,737      162,086



NEGOTIATED GRID NET:

Dressed:    5,184      8,376       3,104        6,848       5,876       10,806

Live:       1,495      1,495       1,286        1,426       1,840        2,935

Total:      6,679      9,871       4,390        8,274       7,716       13,741





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,501     64.2     743-985     876   232.65-276.39      242.03

65 - 80% Choice   8,043     64.1     694-935     876   232.22-275.60      240.00

35 - 65% Choice   6,805     64.1     720-952     872   229.62-274.92      237.44

 0 - 35% Choice   3,252     63.9     794-908     860   232.16-246.00      240.55

HEIFER

Over 80% Choice   3,375     63.9     683-860     777   235.00-276.39      245.05

65 - 80% Choice   2,612     64.2     674-935     765   226.99-239.36      236.97

35 - 65% Choice   2,450     64.3     702-827     772   232.97-240.56      236.87

 0 - 35% Choice   1,118     63.6     727-832     803   234.60-245.19      242.34

MIXED STEER/HEIFER

Over 80% Choice   1,429     63.0     683-867     795   231.45-276.39      243.01

65 - 80% Choice     545     63.2     646-904     821   226.54-246.17      237.93

35 - 65% Choice     510     63.1     674-877     799   224.23-236.81      232.49

 0 - 35% Choice     200     64.0     769-836     806   235.00-245.19      241.69

ALL DRESSED STEERS AND HEIFERS

                 35,840     64.0     646-985     842   224.23-276.39      239.98

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     214     60.4     631-1,037   831   218.06-233.88      227.65

 0 - 35% Choice     471     57.3     726-950     862   197.77-213.72      204.36

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,149     61.7     716-958     870   226.40-236.17      231.84

65 - 80% Choice   1,300     62.1     775-932     870   224.98-234.93      231.78

35 - 65% Choice     438     61.2     715-871     824   222.14-233.05      230.15

 0 - 35% Choice     454     62.2     810-892     823   228.80-233.19      229.27





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     624     62.9   1,301-1,503  1,458  151.00-168.25      153.13

65 - 80% Choice   1,411     63.1   1,228-1,497  1,372  148.00-156.00      151.44

35 - 65% Choice     646     62.7   1,212-1,569  1,398  150.00-155.00      151.05

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     326     63.0   1,207-1,257  1,235  149.00-169.68      153.48

65 - 80% Choice     956     63.1   1,061-1,534  1,244  150.00-157.50      154.58

35 - 65% Choice     434     62.7   1,204-1,224  1,215  149.50-156.00      153.84

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      80     63.0   1,300-1,300  1,300  155.50-155.50      155.50

65 - 80% Choice                         -                    -

35 - 65% Choice      56     60.7   1,283-1,326  1,308  154.00-154.00      154.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,533     63.0   1,061-1,569  1,334  148.00-169.68      152.76

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     334     60.9   1,486-1,543  1,515  137.39-141.62      139.42

65 - 80% Choice                         -                    -

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     460     63.6     746-924     865   238.96-243.33      240.39

65 - 80% Choice     131     62.9     802-853     828   236.96-239.56      238.12

35 - 65% Choice     400     64.5     791-918     869   233.00-237.87      235.08

 0 - 35% Choice     630     63.2     812-885     843   238.00-245.00      244.53

HEIFER

Over 80% Choice     304     63.1     744-757     746   239.54-239.69      239.67

65 - 80% Choice     354     63.2     735-915     781   238.73-239.25      239.12

35 - 65% Choice                         -                    -

 0 - 35% Choice     375     64.5     654-749     738   245.00-245.00      245.00

MIXED STEER/HEIFER

Over 80% Choice     645     63.1     645-828     766   231.00-243.48      238.23

65 - 80% Choice     672     62.8     721-882     795   232.33-240.13      236.46

35 - 65% Choice     189     62.9     760-898     834   224.93-236.22      231.55

 0 - 35% Choice     361     64.0     726-877     801   221.76-235.00      231.30

ALL DRESSED STEERS AND HEIFERS

                  4,521     63.4     645-924     805   221.76-245.00      238.68

MIXED STEER/HEIFER/COW

Over 80% Choice      51     60.7     796-805     801   231.78-235.55      233.41

65 - 80% Choice                         -                    -

35 - 65% Choice      78     59.9     770-883     825   231.63-231.85      231.74

 0 - 35% Choice      54     57.7     826-872     858   214.31-217.48      216.54

DAIRYBRED STEER/HEIFER

Over 80% Choice     383     59.7     733-905     825   225.62-234.85      230.16

65 - 80% Choice                         -                    -

35 - 65% Choice      97     59.2     800-842     807   216.13-221.74      217.11

 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                         -                    -

 0 - 35% Choice     288     63.9   1,264-1,519  1,334  144.71-148.00      147.39

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     104     62.6   1,153-1,509  1,218  145.26-148.00      147.50

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     207     64.1   1,144-1,191  1,171  145.98-148.00      147.60

35 - 65% Choice     557     63.7   1,104-1,353  1,226  143.64-150.00      147.24

 0 - 35% Choice     306     63.4   1,066-1,345  1,198  136.69-149.00      145.14

ALL LIVE STEERS AND HEIFERS

                  1,462     63.6   1,066-1,519  1,233  136.69-150.00      146.90

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      33     59.0   1,337-1,337  1,337  134.15-134.15      134.15

65 - 80% Choice                         -                    -

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               11,825         831         236.68

 KANSAS                  5,903         853         239.85

 NEBRASKA                9,690         846         243.03

 COLORADO                4,540         840         240.42

 WESTERN CORNBELT        1,019         867         241.27

  TOTAL 5-AREA          32,941         842         239.76

 N.CENTRAL/E.MT            416         846         242.28

 WESTERN STATES          2,395         840         242.62

 EASTERN CORNBELT           38         806         238.73

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  994         805         233.90

 KANSAS

 NEBRASKA                2,415         815         240.78

 COLORADO                   12         828         233.62

 WESTERN CORNBELT          566         781         238.77

  TOTAL 5-AREA           3,987         808         238.76

 N.CENTRAL/E.MT            361         778         238.49

 WESTERN STATES

 EASTERN CORNBELT           33         826         236.22

 NORTHEASTERN STATES       140         800         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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