Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Tue, Jul 8, 2014    USDA Market News



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

For Primarily Monday, 07/07/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   60,188     60,188      68,285       68,285      73,329       73,329

Live:       8,237      8,237       6,981        6,981       9,284        9,284

Total:     68,425     68,425      75,266       75,266      82,613       82,613



NEGOTIATED GRID NET:

Dressed:    4,551      4,551       3,206        3,206       6,610        6,610

Live:       2,465      2,465           0            0       1,315        1,315

Total:      7,016      7,016       3,206        3,206       7,925        7,925





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   8,374     63.7     707-994     864   231.86-271.95      249.32

65 - 80% Choice  10,189     64.1     720-987     874   236.22-250.45      244.65

35 - 65% Choice   8,587     64.2     690-1,000   849   235.02-247.56      242.87

 0 - 35% Choice   4,898     63.7     695-1,000   862   234.16-251.09      245.33

HEIFER

Over 80% Choice   7,524     64.0     685-886     786   241.31-272.88      248.27

65 - 80% Choice   5,996     64.0     622-845     764   234.80-250.10      246.47

35 - 65% Choice   4,007     64.3     642-1,003   739   235.95-247.74      242.59

 0 - 35% Choice   2,257     64.1     704-862     784   234.19-251.00      245.03

MIXED STEER/HEIFER

Over 80% Choice   2,451     63.4     677-991     811   235.86-272.05      252.50

65 - 80% Choice     378     63.1     661-895     783   237.49-247.64      245.03

35 - 65% Choice     190     61.8     752-805     795   241.23-245.00      243.65

 0 - 35% Choice     172     64.8     778-861     818   245.00-250.19      246.67

ALL DRESSED STEERS AND HEIFERS

                 55,023     64.0     622-1,003   826   231.86-272.88      246.06

MIXED STEER/HEIFER/COW

Over 80% Choice     122     60.4     833-969     858   233.74-242.32      240.34

65 - 80% Choice      52     62.2     796-879     858   238.74-240.60      240.14

35 - 65% Choice     790     63.0     688-972     813   221.75-241.95      233.31

 0 - 35% Choice     206     62.1     723-933     829   210.70-236.68      223.95

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,814     62.2     766-956     872   235.22-241.98      239.51

65 - 80% Choice     688     61.4     764-925     838   234.40-241.10      238.05

35 - 65% Choice   1,194     61.3     707-938     819   233.94-239.96      238.32

 0 - 35% Choice     299     61.3     774-904     841   237.00-240.00      238.53





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     213     63.9   1,319-1,438  1,355  156.00-156.50      156.09

65 - 80% Choice   2,556     63.1   1,259-1,535  1,403  151.00-157.37      155.28

35 - 65% Choice   1,850     62.5   1,219-1,592  1,392  154.50-157.37      156.47

 0 - 35% Choice     316     62.2   1,368-1,433  1,383  155.50-156.50      156.02

HEIFER

Over 80% Choice     209     62.6   1,176-1,315  1,286  155.00-156.00      155.79

65 - 80% Choice     717     63.1   1,215-1,343  1,261  155.00-156.50      155.31

35 - 65% Choice   1,349     62.9   1,122-1,342  1,217  154.00-158.00      155.87

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     664     62.6   1,198-1,365  1,270  150.24-169.56      155.72

65 - 80% Choice      40     59.0   1,160-1,160  1,160  152.50-152.50      152.50

35 - 65% Choice     152     62.9   1,244-1,244  1,244  154.00-154.00      154.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  8,066     62.8   1,122-1,592  1,336  150.24-169.56      155.72

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     59.4   1,340-1,340  1,340  144.00-144.00      144.00

65 - 80% Choice     101     60.8   1,319-1,388  1,367  136.75-145.50      142.81

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     159     62.4     739-890     830   238.16-247.34      242.41

65 - 80% Choice     227     66.3     794-839     802   237.50-238.59      238.40

35 - 65% Choice     670     64.5     696-899     815   223.03-242.16      234.37

 0 - 35% Choice     459     63.7     829-900     881   242.00-245.00      244.31

HEIFER

Over 80% Choice     104     62.1     696-740     705   244.61-246.00      245.73

65 - 80% Choice                         -                    -

35 - 65% Choice     169     63.2     659-659     659   240.31-240.31      240.31

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     294     63.8     755-799     772   235.00-250.64      245.94

65 - 80% Choice     507     63.7     717-836     782   228.72-243.96      236.09

35 - 65% Choice     648     64.1     775-935     818   226.07-242.00      232.11

 0 - 35% Choice     352     64.3     733-882     802   225.35-240.06      231.66

ALL DRESSED STEERS AND HEIFERS

                  3,589     64.0     659-935     804   223.03-250.64      237.38

MIXED STEER/HEIFER/COW

Over 80% Choice      35     60.7     778-778     778   235.79-235.79      235.79

65 - 80% Choice      30     62.3     759-759     759   224.17-224.17      224.17

35 - 65% Choice     159     61.0     875-920     897   236.42-237.30      236.86

 0 - 35% Choice      38     57.6     852-852     852   229.70-229.70      229.70

DAIRYBRED STEER/HEIFER

Over 80% Choice     643     60.4     751-929     845   226.11-243.12      232.51

65 - 80% Choice      57     58.8     829-856     840   228.93-233.20      230.05

35 - 65% Choice                         -                    -

 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     251     63.5   1,250-1,369  1,302  146.63-153.00      148.44

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      29     65.0   1,205-1,205  1,205  149.50-149.50      149.50

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     155     64.1   1,059-1,277  1,202  150.00-154.00      151.47

35 - 65% Choice   1,182     63.9   1,091-1,461  1,206  142.20-154.00      147.74

 0 - 35% Choice     226     63.3   1,081-1,364  1,199  147.59-152.50      149.92

ALL LIVE STEERS AND HEIFERS

                  1,843     63.8   1,059-1,461  1,218  142.20-154.00      148.44

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     170     61.4   1,394-1,398  1,396  138.80-145.30      143.01

65 - 80% Choice     245     61.7   1,278-1,474  1,427  141.60-146.35      145.21

35 - 65% Choice     207     61.2   1,289-1,425  1,336  139.81-146.00      140.58

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               13,911         787         241.70

 KANSAS                 22,343         830         247.77

 NEBRASKA                6,874         861         250.26

 COLORADO                3,330         838         245.64

 WESTERN CORNBELT        2,038         843         246.93

  TOTAL 5-AREA          48,051         823         246.15

 N.CENTRAL/E.MT          1,329         865         245.95

 WESTERN STATES          4,923         848         244.63

 EASTERN CORNBELT          275         829         246.96

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                2,150         813         234.30

 KANSAS                    169         659         240.31

 NEBRASKA                  436         890         244.81

 COLORADO

 WESTERN CORNBELT          480         759         242.55

  TOTAL 5-AREA           3,121         811         237.00

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          197         762         240.49

 NORTHEASTERN STATES       157         779         236.00





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

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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