Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Wed, Jul 9, 2014    USDA Market News



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

For Primarily Tuesday, 07/08/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   36,139     96,468      40,198      108,483      59,936      133,265

Live:       4,656     12,969       4,867       11,848       7,924       17,208

Total:     40,795    109,437      45,065      120,331      67,860      150,473



NEGOTIATED GRID NET:

Dressed:    4,091      8,642       5,314        8,520       4,528       11,138

Live:         142      2,607       1,495        1,495       1,039        2,354

Total:      4,233     11,249       6,809       10,015       5,567       13,492





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,896     63.8     674-1,025   877   231.54-283.83      251.71

65 - 80% Choice   5,634     64.1     733-972     892   228.98-249.84      246.14

35 - 65% Choice   4,510     64.2     633-936     879   235.60-281.95      245.81

 0 - 35% Choice   2,162     63.8     834-931     885   240.06-251.00      246.96

HEIFER

Over 80% Choice   2,599     63.8     667-895     789   240.89-283.83      250.47

65 - 80% Choice   4,138     63.9     701-881     764   242.90-249.42      245.30

35 - 65% Choice   2,983     64.2     633-854     762   240.69-247.02      243.78

 0 - 35% Choice   1,284     64.2     744-846     814   243.13-250.19      246.62

MIXED STEER/HEIFER

Over 80% Choice   2,158     63.7     697-942     808   240.00-283.83      250.39

65 - 80% Choice     917     63.2     666-975     812   234.45-266.73      245.91

35 - 65% Choice     551     63.2     667-875     792   240.88-245.98      244.55

 0 - 35% Choice      99     64.5     791-842     812   241.21-244.81      242.70

ALL DRESSED STEERS AND HEIFERS

                 32,931     63.9     633-1,025   838   228.98-283.83      247.42

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     369     63.3     723-962     799   234.39-245.10      240.65

35 - 65% Choice     141     61.8     751-973     865   228.08-239.00      233.28

 0 - 35% Choice     212     58.7     757-927     836   205.27-231.74      215.04

DAIRYBRED STEER/HEIFER

Over 80% Choice     587     61.5     645-886     835   228.78-241.80      239.22

65 - 80% Choice   1,070     61.6     760-909     836   231.04-244.66      238.38

35 - 65% Choice     736     61.6     821-896     862   237.00-241.19      238.72

 0 - 35% Choice      93     60.1     794-794     794   244.00-244.00      244.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     697     64.0   1,230-1,514  1,397  155.59-172.61      159.50

65 - 80% Choice     883     63.0   1,212-1,440  1,339  155.70-160.50      158.60

35 - 65% Choice     739     63.0   1,313-1,544  1,382  154.20-159.50      156.78

 0 - 35% Choice     311     62.7   1,299-1,299  1,299  159.00-159.00      159.00

HEIFER

Over 80% Choice      53     62.4   1,192-1,192  1,192  156.00-156.00      156.00

65 - 80% Choice                         -                    -

35 - 65% Choice     692     63.1   1,035-1,107  1,069  158.00-158.00      158.00

 0 - 35% Choice     345     62.2   1,229-1,229  1,229  159.00-159.00      159.00

MIXED STEER/HEIFER

Over 80% Choice      80     63.0   1,300-1,300  1,300  159.00-159.00      159.00

65 - 80% Choice                         -                    -

35 - 65% Choice     426     62.9   1,321-1,475  1,389  155.00-158.00      156.32

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,226     63.0   1,035-1,544  1,302  154.20-172.61      158.14

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     331     61.0   1,282-1,434  1,384  142.47-149.10      144.63

65 - 80% Choice                         -                    -

35 - 65% Choice      99     61.6   1,452-1,452  1,452  148.34-148.34      148.34

 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   1,146     63.6     711-929     864   232.26-250.00      243.37

65 - 80% Choice     198     63.0     769-866     834   234.00-239.80      237.81

35 - 65% Choice     242     62.1     744-864     833   235.79-240.52      238.81

 0 - 35% Choice     329     63.2     716-894     842   231.38-250.00      247.74

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      98     64.2     737-737     737   249.29-249.29      249.29

35 - 65% Choice                         -                    -

 0 - 35% Choice     200     62.7     798-798     798   250.00-250.00      250.00

MIXED STEER/HEIFER

Over 80% Choice     336     62.6     662-819     771   234.72-252.12      243.95

65 - 80% Choice     288     63.1     706-882     792   221.79-250.00      239.70

35 - 65% Choice     126     63.6     725-842     777   238.75-246.22      242.55

 0 - 35% Choice      80     63.0     863-863     863   237.16-237.16      237.16

ALL DRESSED STEERS AND HEIFERS

                  3,043     63.2     662-929     828   221.79-252.12      243.26

MIXED STEER/HEIFER/COW

Over 80% Choice      41     61.7     732-732     732   236.56-236.56      236.56

65 - 80% Choice                         -                    -

35 - 65% Choice     126     60.6     870-872     871   232.29-237.77      235.77

 0 - 35% Choice     165     58.2     829-914     864   228.85-232.72      231.02

DAIRYBRED STEER/HEIFER

Over 80% Choice     616     59.0     752-938     828   228.89-243.14      233.25

65 - 80% Choice     100     59.8     701-821     751   229.99-236.26      232.84

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

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     142     61.6   1,340-1,379  1,359  144.76-146.74      145.74

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               12,619         812         244.49

 KANSAS                  5,071         852         246.11

 NEBRASKA                5,394         867         253.12

 COLORADO                2,366         859         248.34

 WESTERN CORNBELT        1,449         853         247.90

  TOTAL 5-AREA          26,899         837         247.05

 N.CENTRAL/E.MT          1,741         821         250.28

 WESTERN STATES          4,029         856         248.62

 EASTERN CORNBELT          262         851         248.52

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  299         787         241.27

 KANSAS

 NEBRASKA                1,359         861         245.81

 COLORADO

 WESTERN CORNBELT          445         771         242.88

  TOTAL 5-AREA           2,076         831         244.56

 N.CENTRAL/E.MT            387         865         242.34

 WESTERN STATES

 EASTERN CORNBELT          154         769         237.67

 NORTHEASTERN STATES       326         792         241.18





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

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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