Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, Jul 24, 2014    USDA Market News



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

For Primarily Wednesday, 07/23/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   29,361    123,731      31,344      119,178      59,206      187,784

Live:       6,111     19,318       4,238       15,159       4,534       20,592

Total:     35,472    143,049      35,582      134,337      63,740      208,376



NEGOTIATED GRID NET:

Dressed:    1,880      8,617       5,212       13,283       6,212       20,129

Live:           0      2,129         817        1,939         691        2,891

Total:      1,880     10,746       6,029       15,222       6,903       23,020





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,692     64.0     693-965     887   235.04-269.71      250.87

65 - 80% Choice   3,323     64.5     722-989     887   242.55-276.67      248.65

35 - 65% Choice   4,808     64.3     709-947     872   237.57-249.33      246.24

 0 - 35% Choice   4,412     63.8     759-971     879   245.19-271.86      250.73

HEIFER

Over 80% Choice   2,334     64.0     688-912     793   243.27-254.93      249.06

65 - 80% Choice   1,534     64.1     757-847     796   243.52-247.91      245.32

35 - 65% Choice   1,093     64.0     782-835     802   243.62-248.04      245.24

 0 - 35% Choice     654     63.6     736-884     828   246.50-248.00      247.54

MIXED STEER/HEIFER

Over 80% Choice   1,484     63.5     672-946     856   244.70-278.98      249.87

65 - 80% Choice     306     63.2     653-798     748   236.42-249.00      244.35

35 - 65% Choice     531     63.5     609-864     795   234.98-248.27      245.17

 0 - 35% Choice     484     62.5     772-853     802   244.48-248.00      245.73

ALL DRESSED STEERS AND HEIFERS

                 24,655     64.0     609-989     856   234.98-278.98      248.43

MIXED STEER/HEIFER/COW

Over 80% Choice     437     63.7     764-876     836   240.43-248.35      246.60

65 - 80% Choice     138     64.0     821-907     854   239.73-249.25      245.59

35 - 65% Choice     711     63.4     787-880     832   232.75-244.15      241.61

 0 - 35% Choice      97     62.1     689-793     766   232.43-241.00      234.64

DAIRYBRED STEER/HEIFER

Over 80% Choice     656     61.3     696-944     781   234.68-247.43      242.77

65 - 80% Choice   1,180     61.8     710-913     841   228.77-245.40      238.47

35 - 65% Choice   1,102     61.1     689-874     814   233.00-241.73      238.99

 0 - 35% Choice     385     61.0     771-887     840   240.00-242.00      240.86





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,226     63.3   1,193-1,472  1,355  155.33-178.70      164.60

65 - 80% Choice     898     63.7   1,241-1,471  1,411  156.07-173.73      157.63

35 - 65% Choice     633     62.4   1,191-1,527  1,346  155.00-157.50      155.83

 0 - 35% Choice     194     61.0   1,182-1,573  1,537  153.00-157.50      157.08

HEIFER

Over 80% Choice   1,014     62.9   1,135-1,502  1,174  155.00-178.36      173.08

65 - 80% Choice     585     63.7   1,243-1,333  1,284  157.00-157.50      157.24

35 - 65% Choice     924     63.8   1,045-1,267  1,214  156.00-157.50      156.69

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     130     64.2   1,139-1,289  1,194  171.23-174.85      172.57

65 - 80% Choice      43     64.7   1,207-1,207  1,207  156.00-156.00      156.00

35 - 65% Choice      88     63.1   1,097-1,097  1,097  156.00-156.00      156.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,735     63.3   1,045-1,573  1,298  153.00-178.70      161.74

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      79     59.9   1,391-1,391  1,391  144.27-144.27      144.27

65 - 80% Choice     143     61.2   1,365-1,412  1,381  144.00-147.62      145.54

35 - 65% Choice     154     60.9   1,405-1,458  1,437  143.00-146.00      144.81

 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      39     61.5     828-828     828   248.67-248.67      248.67

65 - 80% Choice     102     63.4     738-841     802   240.10-244.56      242.49

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      44     64.5     826-826     826   245.54-245.54      245.54

35 - 65% Choice                         -                    -

 0 - 35% Choice     281     62.7     698-931     837   226.60-248.00      241.10

MIXED STEER/HEIFER

Over 80% Choice     251     63.6     707-850     786   236.72-248.00      242.82

65 - 80% Choice     120     62.8     697-915     780   247.67-251.09      249.57

35 - 65% Choice      30     62.0     720-720     720   244.41-244.41      244.41

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                    867     63.0     697-931     805   226.60-251.09      243.61

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     625     60.5     746-894     830   231.45-243.16      236.90

65 - 80% Choice     353     61.7     736-824     800   226.40-236.00      233.68

35 - 65% Choice      35     60.6     820-820     820   231.48-231.48      231.48

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - LIVE BASIS

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                7,442         841         245.46

 KANSAS                  2,427         870         248.15

 NEBRASKA                6,460         869         248.65

 COLORADO                3,085         869         255.43

 WESTERN CORNBELT          870         847         248.28

  TOTAL 5-AREA          20,187         858         248.43

 N.CENTRAL/E.MT            510         844         252.91

 WESTERN STATES          3,497         854         247.81

 EASTERN CORNBELT          169         798         248.53

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS

 NEBRASKA                  223         854         247.45

 COLORADO

 WESTERN CORNBELT          212         858         234.48

  TOTAL 5-AREA             435         856         241.13

 N.CENTRAL/E.MT             81         729         247.89

 WESTERN STATES

 EASTERN CORNBELT          203         772         243.44

 NORTHEASTERN STATES        69         781         246.82





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

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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