Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, Jul 10, 2014    USDA Market News



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

For Primarily Wednesday, 07/09/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   34,068    130,818      33,831      142,314      47,436      180,701

Live:       8,822     21,986       7,287       19,135       6,694       23,902

Total:     42,890    152,804      41,118      161,449      54,130      204,603



NEGOTIATED GRID NET:

Dressed:    4,576     13,218       3,026       11,546       5,023       16,161

Live:         768      3,375         520        2,015         557        2,911

Total:      5,344     16,593       3,546       13,561       5,580       19,072





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,891     64.1     766-975     881   235.75-282.27      251.04

65 - 80% Choice   7,135     63.8     715-948     878   238.86-279.30      248.27

35 - 65% Choice   5,362     64.4     735-950     860   235.79-252.75      245.15

 0 - 35% Choice   2,577     64.5     745-976     871   238.85-278.95      250.66

HEIFER

Over 80% Choice   1,452     64.0     718-853     767   236.61-281.75      249.36

65 - 80% Choice   3,011     64.6     699-861     778   241.00-251.64      245.93

35 - 65% Choice   1,541     64.4     731-815     769   240.39-252.61      244.63

 0 - 35% Choice   1,177     64.9     740-838     802   245.02-251.00      249.92

MIXED STEER/HEIFER

Over 80% Choice   1,222     63.1     694-912     830   244.53-256.67      248.99

65 - 80% Choice     431     63.2     723-923     775   239.10-253.20      249.00

35 - 65% Choice     594     62.9     686-972     772   232.93-248.07      242.80

 0 - 35% Choice     346     60.7     751-805     766   242.43-247.72      242.64

ALL DRESSED STEERS AND HEIFERS

                 29,739     64.1     686-976     844   232.93-282.27      247.93

MIXED STEER/HEIFER/COW

Over 80% Choice     494     63.4     794-920     807   240.92-250.75      249.79

65 - 80% Choice     207     63.6     778-810     804   240.00-246.64      245.32

35 - 65% Choice     326     61.6     710-922     863   223.16-245.15      232.01

 0 - 35% Choice     177     58.1     772-904     850   211.63-222.56      218.98

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,280     62.0     804-955     886   237.74-247.33      240.54

65 - 80% Choice   1,308     61.1     736-906     852   234.55-245.01      239.28

35 - 65% Choice     443     61.5     794-884     839   232.70-243.01      237.82

 0 - 35% Choice      94     61.3     806-806     806   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     682     63.1   1,187-1,407  1,332  157.31-183.27      169.22

65 - 80% Choice   1,617     63.0   1,225-1,481  1,420  156.00-177.18      159.38

35 - 65% Choice   2,380     63.6   1,134-1,603  1,368  151.00-159.75      157.34

 0 - 35% Choice     283     62.5   1,444-1,444  1,444  159.00-159.00      159.00

HEIFER

Over 80% Choice     516     62.0   1,151-1,213  1,191  174.00-180.02      177.02

65 - 80% Choice     744     63.5   1,145-1,443  1,256  151.00-179.44      158.52

35 - 65% Choice   1,292     63.8   1,097-1,374  1,242  154.20-177.90      158.64

 0 - 35% Choice     268     62.5   1,188-1,188  1,188  159.00-159.00      159.00

MIXED STEER/HEIFER

Over 80% Choice     159     64.0   1,387-1,387  1,387  160.50-160.50      160.50

65 - 80% Choice     166     63.3   1,224-1,224  1,224  155.00-155.00      155.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  8,107     63.3   1,097-1,603  1,328  151.00-183.27      160.44

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     627     61.5   1,333-1,401  1,355  142.00-154.00      148.85

35 - 65% Choice      88     62.0   1,373-1,373  1,373  146.00-146.00      146.00

 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     360     63.0     655-991     844   232.76-253.37      243.72

65 - 80% Choice     155     63.3     762-866     808   237.41-248.78      240.48

35 - 65% Choice     609     64.0     825-929     842   231.80-246.50      240.64

 0 - 35% Choice     954     63.2     768-933     838   236.44-250.00      247.06

HEIFER

Over 80% Choice      22     64.4     730-730     730   243.41-243.41      243.41

65 - 80% Choice      44     60.8     744-744     744   238.29-238.29      238.29

35 - 65% Choice      24     65.5     790-790     790   241.21-241.21      241.21

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     260     63.5     677-866     790   233.71-245.60      241.63

65 - 80% Choice     302     63.3     760-870     831   242.75-248.18      244.61

35 - 65% Choice     396     64.3     735-811     777   230.66-245.00      237.21

 0 - 35% Choice     291     64.0     860-883     867   228.94-239.00      231.72

ALL DRESSED STEERS AND HEIFERS

                  3,417     63.5     655-991     827   228.94-253.37      242.01

MIXED STEER/HEIFER/COW

Over 80% Choice      35     64.9     794-794     794   236.06-236.06      236.06

65 - 80% Choice     129     62.7     817-879     857   234.60-241.50      239.74

35 - 65% Choice     159     59.9     719-844     794   227.60-239.21      234.60

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     455     59.8     783-881     826   231.34-245.80      238.42

65 - 80% Choice     207     58.7     753-837     768   230.00-231.36      230.24

35 - 65% Choice     174     60.5     745-851     813   229.95-234.43      232.69

 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     171     62.6   1,267-1,271  1,270  141.95-153.00      144.66

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     264     62.7   1,124-1,124  1,124  156.00-156.00      156.00

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     173     64.0   1,020-1,391  1,097  150.00-154.00      153.17

 0 - 35% Choice     160     63.6   1,135-1,418  1,210  148.17-152.00      151.16

ALL LIVE STEERS AND HEIFERS

                    768     63.1   1,020-1,418  1,169  141.95-156.00      151.83

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,897         839         245.33

 KANSAS                  4,555         873         247.59

 NEBRASKA                6,214         854         249.31

 COLORADO                2,060         827         257.03

 WESTERN CORNBELT          790         828         248.42

  TOTAL 5-AREA          25,486         847         247.75

 N.CENTRAL/E.MT            336         774         256.59

 WESTERN STATES          3,641         827         248.14

 EASTERN CORNBELT          246         789         252.21

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,275         816         235.89

 KANSAS                     40         776         248.18

 NEBRASKA                  945         847         248.04

 COLORADO

 WESTERN CORNBELT          663         829         244.94

  TOTAL 5-AREA           2,923         828         242.04

 N.CENTRAL/E.MT            132         813         242.59

 WESTERN STATES

 EASTERN CORNBELT          163         823         238.66

 NORTHEASTERN STATES       199         818         243.95





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

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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