Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, Jul 14, 2014    USDA Market News



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

For Primarily Friday, 07/11/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   32,670    200,184      10,238      180,661      43,026      253,221

Live:       8,843     35,469       6,009       26,365      10,586       40,426

Total:     41,513    235,653      16,247      207,026      53,612      293,647



NEGOTIATED GRID NET:

Dressed:    3,142     19,278       1,027       13,989       4,006       23,957

Live:       1,349      4,988         307        2,364       1,195        5,310

Total:      4,491     24,266       1,334       16,353       5,201       29,267





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,382     63.9     729-937     845   242.00-274.73      257.62

65 - 80% Choice   2,433     64.4     761-956     893   241.92-253.65      249.91

35 - 65% Choice   3,625     64.3     746-917     848   241.47-253.34      247.39

 0 - 35% Choice   4,003     63.9     710-997     851   241.09-254.45      248.48

HEIFER

Over 80% Choice   2,075     64.1     687-897     782   241.98-274.73      253.01

65 - 80% Choice   2,579     64.1     698-825     777   243.05-255.08      251.76

35 - 65% Choice   4,838     64.3     628-843     723   241.77-252.69      246.86

 0 - 35% Choice   2,189     64.9     674-896     796   241.92-253.78      248.69

MIXED STEER/HEIFER

Over 80% Choice   1,407     63.3     674-934     789   242.47-273.73      257.68

65 - 80% Choice     736     63.2     632-871     777   239.10-254.18      248.93

35 - 65% Choice     157     61.4     698-814     787   245.30-271.72      254.75

 0 - 35% Choice   1,098     63.8     728-901     772   234.28-255.02      248.69

ALL DRESSED STEERS AND HEIFERS

                 26,522     64.1     628-997     805   234.28-274.73      249.88

MIXED STEER/HEIFER/COW

Over 80% Choice     735     63.9     734-921     808   246.60-253.42      251.33

65 - 80% Choice     240     62.0     683-828     751   247.23-249.64      248.25

35 - 65% Choice     729     62.2     734-911     778   231.89-249.69      244.27

 0 - 35% Choice     378     61.1     689-1,060   967   216.95-243.01      233.90

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,125     62.0     775-937     846   240.80-247.46      244.76

65 - 80% Choice   1,896     61.8     720-905     859   238.35-247.07      244.78

35 - 65% Choice   1,005     61.9     817-889     853   234.01-244.01      241.72

 0 - 35% Choice      40     60.6     893-893     893   240.06-240.06      240.06





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,251     63.0   1,116-1,425  1,234  158.50-179.96      170.12

65 - 80% Choice     715     63.4   1,308-1,443  1,387  157.27-160.31      159.00

35 - 65% Choice   3,229     62.8   1,101-1,518  1,276  151.00-160.31      156.47

 0 - 35% Choice     342     63.9   1,257-1,406  1,357  157.00-159.50      158.15

HEIFER

Over 80% Choice     292     63.4   1,155-1,245  1,207  159.00-175.31      169.01

65 - 80% Choice     133     63.2   1,198-1,275  1,210  158.50-159.00      158.92

35 - 65% Choice   1,622     63.3   1,018-1,319  1,158  154.56-159.50      157.39

 0 - 35% Choice     115     62.7     972-1,051   995   154.40-154.67      154.48

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      38     61.0   1,296-1,296  1,296  168.08-168.08      168.08

35 - 65% Choice     533     61.3   1,003-1,119  1,053  154.51-161.02      157.33

 0 - 35% Choice      98     63.9   1,008-1,008  1,008  159.00-159.00      159.00

ALL LIVE STEERS AND HEIFERS

                  8,368     63.0     972-1,518  1,235  151.00-179.96      159.56

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     175     60.0   1,412-1,412  1,412  147.14-147.14      147.14

35 - 65% Choice     300     62.1   1,293-1,404  1,368  149.00-149.00      149.00

 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     239     63.7     749-919     845   243.86-257.54      247.76

65 - 80% Choice     163     63.1     909-909     909   243.00-243.00      243.00

35 - 65% Choice      43     62.8     822-822     822   245.12-245.12      245.12

 0 - 35% Choice     963     63.2     805-940     874   242.00-250.00      248.16

HEIFER

Over 80% Choice      74     66.1     794-794     794   254.87-254.87      254.87

65 - 80% Choice      32     62.0     774-774     774   224.50-224.50      224.50

35 - 65% Choice      66     59.4     793-793     793   237.18-237.18      237.18

 0 - 35% Choice     200     63.8     767-908     837   225.37-246.00      233.87

MIXED STEER/HEIFER

Over 80% Choice     166     63.5     731-798     778   245.66-251.72      249.69

65 - 80% Choice                         -                    -

35 - 65% Choice     228     62.4     732-876     796   230.97-244.85      237.49

 0 - 35% Choice     200     65.0     814-887     865   242.00-250.00      244.91

ALL DRESSED STEERS AND HEIFERS

                  2,374     63.4     731-940     848   224.50-257.54      244.90

MIXED STEER/HEIFER/COW

Over 80% Choice      31     60.1     709-709     709   240.42-240.42      240.42

65 - 80% Choice     367     62.6     754-896     833   238.93-245.17      242.61

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     298     59.8     774-853     824   232.97-241.74      237.52

65 - 80% Choice                         -                    -

35 - 65% Choice      72     58.5     759-759     759   236.45-236.45      236.45

 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      87     63.0   1,174-1,218  1,197  156.00-157.00      156.52

 0 - 35% Choice      83     64.1   1,123-1,126  1,125  153.00-153.00      153.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      68     63.9   1,160-1,445  1,294  150.59-154.00      152.40

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      42     62.8   1,274-1,274  1,274  145.40-145.40      145.40

65 - 80% Choice     234     63.2   1,215-1,274  1,225  149.40-151.79      151.10

35 - 65% Choice     393     63.4   1,116-1,344  1,273  146.52-157.00      153.15

 0 - 35% Choice     291     63.3   1,120-1,367  1,293  147.54-153.47      149.75

ALL LIVE STEERS AND HEIFERS

                  1,198     63.3   1,116-1,445  1,254  145.40-157.00      151.84

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      83     61.4   1,241-1,410  1,327  139.84-146.00      142.96

65 - 80% Choice      68     61.9   1,416-1,416  1,416  146.00-146.00      146.00

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               11,338         775         246.91

 KANSAS                  3,158         833         251.32

 NEBRASKA                5,083         826         253.19

 COLORADO                1,313         854         250.54

 WESTERN CORNBELT        1,261         786         250.82

  TOTAL 5-AREA          22,075         800         249.40

 N.CENTRAL/E.MT          1,078         807         257.88

 WESTERN STATES          3,207         829         250.44

 EASTERN CORNBELT           84         929         248.39

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  351         839         239.81

 KANSAS

 NEBRASKA                1,195         870         248.03

 COLORADO

 WESTERN CORNBELT          441         853         239.25

  TOTAL 5-AREA           1,987         861         244.63

 N.CENTRAL/E.MT            181         790         245.09

 WESTERN STATES

 EASTERN CORNBELT           83         808         251.39

 NORTHEASTERN STATES        43         795         237.14





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

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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