Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Thu, Jul 3, 2014    USDA Market News



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

For Primarily Wednesday, 07/02/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   32,669    141,152      31,994      144,888      15,173      158,599

Live:       7,287     19,135       5,151       18,054       4,461       23,121

Total:     39,956    160,287      37,145      162,942      19,634      181,720



NEGOTIATED GRID NET:

Dressed:    3,026     11,513       3,288       10,136       2,930       13,736

Live:         479      1,974         970        2,396          70        3,005

Total:      3,505     13,487       4,258       12,532       3,000       16,741





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,116     63.7     793-996     899   234.16-250.71      243.56

65 - 80% Choice   4,967     63.9     821-946     886   233.13-247.68      240.43

35 - 65% Choice   6,095     64.2     743-938     865   230.76-246.30      241.00

 0 - 35% Choice   3,765     64.6     697-907     844   226.40-245.74      241.77

HEIFER

Over 80% Choice   1,650     63.8     649-839     775   238.54-273.00      246.67

65 - 80% Choice   3,462     64.0     712-877     772   234.35-276.42      243.70

35 - 65% Choice   2,874     64.2     703-857     766   233.35-246.77      241.35

 0 - 35% Choice   1,435     63.5     684-876     790   243.77-245.69      245.17

MIXED STEER/HEIFER

Over 80% Choice   1,008     63.1     714-927     820   234.34-252.80      242.11

65 - 80% Choice     189     63.0     657-851     783   236.83-241.48      238.55

35 - 65% Choice     252     63.8     679-873     794   228.91-244.15      235.87

 0 - 35% Choice     709     62.2     698-796     775   234.31-245.49      238.64

ALL DRESSED STEERS AND HEIFERS

                 28,522     64.0     649-996     833   226.40-276.42      242.01

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.3     728-728     728   237.90-237.90      237.90

65 - 80% Choice     242     64.3     742-918     811   229.21-243.49      237.83

35 - 65% Choice     235     61.4     756-847     810   222.08-243.57      232.24

 0 - 35% Choice     148     57.5     800-843     821   202.17-220.03      207.76

DAIRYBRED STEER/HEIFER

Over 80% Choice     720     62.0     735-901     788   227.64-244.58      232.56

65 - 80% Choice   1,300     61.4     709-928     845   221.42-239.24      231.61

35 - 65% Choice   1,172     61.4     742-909     845   223.79-241.21      233.12

 0 - 35% Choice     288     60.8     710-887     845   225.46-239.00      237.12





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     633     62.1   1,143-1,424  1,263  153.96-178.05      166.95

65 - 80% Choice   1,399     63.3   1,283-1,444  1,366  151.00-174.32      154.63

35 - 65% Choice   3,292     63.3     972-1,517  1,280  150.40-157.50      153.49

 0 - 35% Choice     110     62.0   1,377-1,455  1,412  151.50-153.00      152.17

HEIFER

Over 80% Choice      88     63.4   1,088-1,236  1,185  156.12-171.50      163.47

65 - 80% Choice     241     63.1   1,298-1,298  1,298  151.00-151.00      151.00

35 - 65% Choice     856     63.1   1,121-1,288  1,210  150.88-155.00      152.37

 0 - 35% Choice      71     63.1   1,194-1,194  1,194  155.00-155.00      155.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      38     61.0   1,289-1,289  1,289  159.70-159.70      159.70

35 - 65% Choice      42     63.1   1,294-1,294  1,294  153.70-153.70      153.70

 0 - 35% Choice      91     62.7   1,175-1,299  1,212  151.02-151.31      151.11

ALL LIVE STEERS AND HEIFERS

                  6,861     63.1     972-1,517  1,287  150.40-178.05      154.87

MIXED STEER/HEIFER/COW

No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     161     61.2   1,484-1,484  1,484  146.21-146.21      146.21

65 - 80% Choice     102     62.7   1,238-1,459  1,372  147.73-148.79      148.37

35 - 65% Choice     163     59.4   1,276-1,327  1,298  143.70-144.70      144.27

 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                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      15     64.8     948-948     948   232.77-232.77      232.77

 0 - 35% Choice     802     63.2     823-938     876   245.00-245.00      245.00

HEIFER

Over 80% Choice      45     63.2     684-786     757   236.49-238.83      238.15

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     521     63.0     716-917     786   218.44-245.00      237.69

MIXED STEER/HEIFER

Over 80% Choice      88     63.5     760-844     802   236.63-240.63      238.38

65 - 80% Choice      80     60.7     728-899     809   232.76-233.55      233.14

35 - 65% Choice      38     60.6     817-817     817   244.06-244.06      244.06

 0 - 35% Choice     243     63.8     848-859     857   234.20-245.00      243.13

ALL DRESSED STEERS AND HEIFERS

                  1,832     63.1     684-948     838   218.44-245.00      241.55

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     413     62.8     652-816     750   232.31-237.64      235.49

35 - 65% Choice     116     58.9     827-858     837   222.49-233.56      229.93

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     405     60.2     789-899     828   229.00-236.62      232.34

65 - 80% Choice     172     62.0     873-936     918   212.83-232.18      227.42

35 - 65% Choice      52     61.5     848-882     858   217.58-230.00      221.16

 0 - 35% Choice      36     56.9     646-646     646   227.97-227.97      227.97





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      44     62.7   1,327-1,327  1,327  145.00-145.00      145.00

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                     44     62.7   1,327-1,327  1,327  145.00-145.00      145.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     435     61.3   1,300-1,350  1,318  134.85-142.59      139.21

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,816         834         241.41

 KANSAS                  1,789         865         240.63

 NEBRASKA                6,505         852         243.37

 COLORADO                2,399         813         242.48

 WESTERN CORNBELT        1,208         818         242.14

  TOTAL 5-AREA          23,717         838         242.04

 N.CENTRAL/E.MT            352         754         258.30

 WESTERN STATES          4,453         812         240.59

 EASTERN CORNBELT

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   42         848         234.20

 KANSAS                     35         844         237.26

 NEBRASKA                1,454         838         244.68

 COLORADO                   42         844         236.63

 WESTERN CORNBELT          146         899         218.90

  TOTAL 5-AREA           1,719         844         241.88

 N.CENTRAL/E.MT             32         786         238.83

 WESTERN STATES

 EASTERN CORNBELT           42         728         232.76

 NORTHEASTERN STATES        39         735         238.47





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

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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