Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Jul 25, 2014    USDA Market News



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

For Primarily Thursday, 07/24/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   33,675    157,650      32,578      151,756      27,600      215,384

Live:       2,631     21,949       5,565       20,724       6,297       26,889

Total:     36,306    179,599      38,143      172,480      33,897      242,273



NEGOTIATED GRID NET:

Dressed:    3,059     11,934       3,039       16,322       5,053       25,182

Live:         822      2,998          97        2,036       1,592        4,483

Total:      3,881     14,932       3,136       18,358       6,645       29,665





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,602     64.6     779-971     899   244.23-275.08      248.82

65 - 80% Choice   4,289     64.7     754-975     898   233.17-251.16      246.27

35 - 65% Choice   9,057     64.5     725-974     879   241.06-250.91      245.05

 0 - 35% Choice   3,964     64.2     608-967     881   238.19-250.91      246.48

HEIFER

Over 80% Choice   1,800     64.1     726-855     814   242.61-251.97      249.74

65 - 80% Choice   1,763     64.2     639-882     808   243.46-248.50      246.66

35 - 65% Choice   2,651     64.3     649-899     792   238.19-249.18      243.18

 0 - 35% Choice   1,475     64.2     629-866     826   238.96-249.00      245.65

MIXED STEER/HEIFER

Over 80% Choice   1,019     63.9     719-947     830   243.89-275.32      249.57

65 - 80% Choice     178     64.1     643-879     783   240.37-249.47      246.02

35 - 65% Choice     170     63.1     740-815     778   237.05-250.32      242.48

 0 - 35% Choice     706     61.4     709-924     761   225.78-253.15      244.87

ALL DRESSED STEERS AND HEIFERS

                 29,674     64.3     608-975     860   225.78-275.32      246.13

MIXED STEER/HEIFER/COW

Over 80% Choice      81     63.5     877-877     877   242.22-242.22      242.22

65 - 80% Choice     446     63.8     768-868     834   242.49-247.09      244.41

35 - 65% Choice     382     63.9     841-921     865   224.58-244.00      242.24

 0 - 35% Choice     252     62.4     784-784     784   240.00-240.00      240.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     818     61.4     733-938     898   240.00-246.21      241.83

65 - 80% Choice   1,154     61.5     759-920     875   230.45-245.53      239.73

35 - 65% Choice     654     61.6     688-882     817   236.31-242.00      239.41

 0 - 35% Choice     214     60.8     741-855     822   235.93-240.00      239.24





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     263     62.6   1,405-1,490  1,443  156.07-161.50      161.25

65 - 80% Choice     260     62.2   1,386-1,392  1,388  155.00-158.33      157.43

35 - 65% Choice   1,515     63.8   1,166-1,494  1,330  152.01-158.73      155.70

 0 - 35% Choice     225     63.7   1,397-1,397  1,397  156.50-156.50      156.50

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     107     63.9   1,263-1,263  1,263  155.00-155.00      155.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     181     60.8   1,203-1,301  1,237  155.00-165.84      158.31

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  2,551     63.3   1,166-1,494  1,344  152.01-165.84      156.67

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     61.3   1,464-1,464  1,464  147.59-147.59      147.59

65 - 80% Choice                         -                    -

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     219     63.4     789-889     854   239.22-251.19      248.01

65 - 80% Choice      49     63.7     765-867     842   247.48-247.56      247.54

35 - 65% Choice     200     63.2     776-776     776   243.73-243.73      243.73

 0 - 35% Choice      64     62.9     806-925     845   248.00-248.00      248.00

HEIFER

Over 80% Choice      46     64.2     738-766     746   248.71-250.16      249.75

65 - 80% Choice      77     64.5     733-750     739   245.83-247.12      246.27

35 - 65% Choice                         -                    -

 0 - 35% Choice     500     63.3     734-928     841   248.00-248.00      248.00

MIXED STEER/HEIFER

Over 80% Choice     278     63.2     807-837     818   243.92-251.37      246.14

65 - 80% Choice     224     63.4     741-868     802   237.75-248.31      243.65

35 - 65% Choice     153     63.1     751-844     820   239.42-246.00      244.73

 0 - 35% Choice      40     65.1     806-806     806   232.73-232.73      232.73

ALL DRESSED STEERS AND HEIFERS

                  1,850     63.4     733-928     818   232.73-251.37      246.09

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     353     66.4     818-836     828   241.76-245.00      244.20

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     324     59.9     774-890     825   235.00-242.36      238.91

65 - 80% Choice     107     60.3     718-910     837   232.15-239.25      234.15

35 - 65% Choice     170     62.7     727-819     798   236.22-241.40      237.97

 0 - 35% Choice     255     61.9     763-829     820   225.39-235.01      233.73





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      39     63.7   1,250-1,250  1,250  153.00-153.00      153.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      32     62.6   1,413-1,413  1,413  149.25-149.25      149.25

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      18     62.8   1,443-1,443  1,443  144.00-144.00      144.00

35 - 65% Choice     362     63.8   1,143-1,302  1,204  148.86-155.00      152.81

 0 - 35% Choice     154     62.4   1,171-1,410  1,296  147.49-153.00      149.99

ALL LIVE STEERS AND HEIFERS

                    605     63.3   1,143-1,443  1,249  144.00-155.00      151.66

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     145     60.6   1,329-1,329  1,329  141.99-141.99      141.99

35 - 65% Choice      72     61.7   1,322-1,322  1,322  146.44-146.44      146.44

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               10,094         838         244.32

 KANSAS                  4,157         899         247.06

 NEBRASKA                9,510         878         247.19

 COLORADO                2,034         882         246.40

 WESTERN CORNBELT          400         840         247.21

  TOTAL 5-AREA          26,156         865         246.00

 N.CENTRAL/E.MT          1,029         810         247.31

 WESTERN STATES          2,450         820         247.04

 EASTERN CORNBELT

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  122         834         243.33

 KANSAS                    162         744         247.08

 NEBRASKA                  705         839         245.97

 COLORADO

 WESTERN CORNBELT          254         825         247.00

  TOTAL 5-AREA           1,201         823         246.07

 N.CENTRAL/E.MT            232         808         248.00

 WESTERN STATES

 EASTERN CORNBELT          272         811         245.44

 NORTHEASTERN STATES       103         803         243.84





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

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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