Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Mon, Jul 7, 2014    USDA Market News



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

For Thursday, 7/3/2014 through Holiday Friday, 7/4/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   38,673    180,987      67,198      212,086      71,671      230,270

Live:       7,230     26,365      15,712       33,766      17,937       41,058

Total:     45,903    207,352      82,910      245,852      89,608      271,328



NEGOTIATED GRID NET:

Dressed:    2,443     13,989       9,367       19,503       9,670       23,406

Live:         349      2,364         948        3,344       1,813        4,818

Total:      2,792     16,353      10,315       22,847      11,483       28,224





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,756     63.8     721-1,018   883   237.28-268.81      244.85

65 - 80% Choice   5,955     64.4     752-972     879   236.71-248.56      244.24

35 - 65% Choice   5,342     64.2     701-942     872   236.47-246.43      242.82

 0 - 35% Choice   1,586     63.2     793-878     840   243.74-269.30      252.53

HEIFER

Over 80% Choice   2,058     63.8     666-851     785   239.46-250.29      245.05

65 - 80% Choice   2,719     64.0     714-813     774   239.08-247.48      244.72

35 - 65% Choice   4,591     64.0     628-956     760   235.67-249.37      243.46

 0 - 35% Choice   1,230     63.4     676-888     821   240.28-245.19      244.49

MIXED STEER/HEIFER

Over 80% Choice   1,633     63.6     690-934     791   237.09-253.96      248.66

65 - 80% Choice     780     64.0     683-987     825   232.58-249.04      246.47

35 - 65% Choice     490     63.6     693-812     778   236.51-253.37      245.85

 0 - 35% Choice     881     61.5     733-872     797   239.42-245.49      243.27

ALL DRESSED STEERS AND HEIFERS

                 32,021     63.9     628-1,018   833   232.58-269.30      244.77

MIXED STEER/HEIFER/COW

Over 80% Choice     373     63.0     772-835     797   236.78-244.92      239.79

65 - 80% Choice   1,196     64.4     707-785     777   235.00-250.21      241.45

35 - 65% Choice     229     59.0     587-986     760   225.31-238.47      230.16

 0 - 35% Choice     584     61.1     854-1,090  1,039  209.69-225.41      221.41

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,109     61.8     800-979     902   230.00-241.97      239.97

65 - 80% Choice     798     62.2     773-902     844   236.34-243.06      238.36

35 - 65% Choice   1,913     62.0     671-919     860   234.36-241.19      238.47

 0 - 35% Choice     450     59.8     745-871     802   230.00-234.47      233.95





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,041     62.9   1,174-1,543  1,310  154.50-176.25      165.35

65 - 80% Choice   1,634     63.3   1,153-1,460  1,367  154.13-171.91      157.19

35 - 65% Choice   1,645     62.9   1,230-1,517  1,366  147.41-156.50      154.74

 0 - 35% Choice     635     62.9   1,214-1,348  1,272  151.12-156.50      154.14

HEIFER

Over 80% Choice     854     62.8   1,151-1,380  1,278  150.00-175.45      158.89

65 - 80% Choice     686     66.6   1,160-1,308  1,219  153.50-157.00      156.03

35 - 65% Choice     221     62.0   1,118-1,314  1,217  154.70-155.00      154.92

 0 - 35% Choice      60     63.1   1,226-1,226  1,226  155.00-155.00      155.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      80     62.9   1,208-1,208  1,208  154.27-154.27      154.27

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,856     63.3   1,118-1,543  1,315  147.41-176.25      157.53

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     159     61.3   1,459-1,459  1,459  146.52-146.52      146.52

35 - 65% Choice     215     60.3   1,351-1,364  1,359  143.70-146.00      144.62

 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     304     63.5     717-934     797   232.13-250.92      242.83

65 - 80% Choice      41     62.6     925-925     925   235.00-235.00      235.00

35 - 65% Choice                         -                    -

 0 - 35% Choice     152     63.8     915-915     915   245.00-245.00      245.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      53     62.3     770-902     837   232.24-234.02      233.15

35 - 65% Choice      22     61.3     706-757     731   232.76-233.34      233.05

 0 - 35% Choice     214     63.0     803-935     857   216.67-245.00      232.58

MIXED STEER/HEIFER

Over 80% Choice     730     63.9     694-855     798   233.93-245.58      239.57

65 - 80% Choice      66     62.0     768-806     776   241.70-241.88      241.74

35 - 65% Choice      43     62.0     773-870     802   222.62-235.33      226.46

 0 - 35% Choice     160     64.3     764-764     764   245.00-245.00      245.00

ALL DRESSED STEERS AND HEIFERS

                  1,785     63.5     694-935     815   216.67-250.92      239.62

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      37     65.0     760-760     760   221.49-221.49      221.49

35 - 65% Choice      79     62.0     749-806     777   221.91-230.00      226.01

 0 - 35% Choice      38     56.6     827-827     827   226.97-226.97      226.97

DAIRYBRED STEER/HEIFER

Over 80% Choice     238     59.3     790-906     838   229.96-235.97      233.79

65 - 80% Choice     204     59.0     706-814     772   226.72-229.33      228.76

35 - 65% Choice      62     59.8     862-862     862   220.37-220.37      220.37

 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     110     64.8   1,367-1,367  1,367  150.00-150.00      150.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      42     63.7   1,357-1,357  1,357  152.00-152.00      152.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    152     64.5   1,357-1,367  1,364  150.00-152.00      150.55

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      37     61.3   1,407-1,407  1,407  139.61-139.61      139.61

65 - 80% Choice     160     60.2   1,314-1,314  1,314  137.11-137.11      137.11

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               10,055         807         243.94

 KANSAS                  5,530         870         245.90

 NEBRASKA                5,606         838         244.84

 COLORADO                3,223         838         248.45

 WESTERN CORNBELT        1,776         825         243.32

  TOTAL 5-AREA          26,039         832         245.08

 N.CENTRAL/E.MT          1,207         835         244.46

 WESTERN STATES          4,257         836         243.41

 EASTERN CORNBELT          367         824         241.34

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS                     38         758         240.59

 NEBRASKA                  582         822         244.27

 COLORADO

 WESTERN CORNBELT          314         835         230.95

  TOTAL 5-AREA             922         825         239.72

 N.CENTRAL/E.MT             86         788         244.00

 WESTERN STATES

 EASTERN CORNBELT          494         813         238.49

 NORTHEASTERN STATES       271         795         240.23





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

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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