Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue Jul 29, 2014    USDA Market News



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

For Primarily Monday, 07/28/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   54,861     54,861      53,483       53,483      89,798       89,798

Live:       5,687      5,687       7,509        7,509       6,698        6,698

Total:     60,548     60,548      60,992       60,992      96,496       96,496



NEGOTIATED GRID NET:

Dressed:    2,984      2,984       3,406        3,406       4,685        4,685

Live:         820        820           0            0       1,359        1,359

Total:      3,804      3,804       3,406        3,406       6,044        6,044





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,294     63.9     678-977     861   241.18-274.51      251.38

65 - 80% Choice   9,333     64.1     718-1,016   878   240.54-256.86      246.79

35 - 65% Choice   7,520     64.7     683-940     848   235.52-256.86      244.59

 0 - 35% Choice   5,227     64.4     724-976     893   234.95-260.00      250.62

HEIFER

Over 80% Choice   5,910     64.2     681-882     792   241.32-274.93      250.57

65 - 80% Choice   7,714     64.4     665-867     787   234.21-253.01      247.40

35 - 65% Choice   4,732     64.5     677-906     780   236.10-249.92      245.35

 0 - 35% Choice   1,777     64.1     733-841     806   245.76-260.00      255.31

MIXED STEER/HEIFER

Over 80% Choice   1,710     63.6     712-912     829   244.14-274.04      255.88

65 - 80% Choice     697     63.7     731-908     845   239.02-251.42      246.81

35 - 65% Choice     246     62.7     773-821     806   238.98-246.77      243.58

 0 - 35% Choice     292     64.1     767-834     801   256.00-257.50      256.32

ALL DRESSED STEERS AND HEIFERS

                 51,452     64.3     665-1,016   835   234.21-274.93      248.45

MIXED STEER/HEIFER/COW

Over 80% Choice     292     64.1     799-814     811   245.82-253.67      252.54

65 - 80% Choice      64     63.6     800-800     800   249.86-249.86      249.86

35 - 65% Choice     918     64.3     704-924     727   233.90-241.18      237.12

 0 - 35% Choice     192     63.8     669-711     694   236.10-236.96      236.62

DAIRYBRED STEER/HEIFER

Over 80% Choice     327     61.5     767-888     844   228.01-244.28      240.69

65 - 80% Choice   1,228     61.3     756-893     835   235.08-244.22      240.76

35 - 65% Choice     388     61.2     806-906     866   236.82-243.75      238.49

 0 - 35% Choice                         -                    -





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     473     63.6   1,288-1,492  1,397  152.28-158.00      155.33

65 - 80% Choice   1,275     63.3   1,368-1,468  1,432  156.00-158.73      157.56

35 - 65% Choice   1,804     63.2   1,161-1,457  1,332  153.06-157.50      155.94

 0 - 35% Choice      25     59.9   1,574-1,574  1,574  149.00-149.00      149.00

HEIFER

Over 80% Choice      86     63.1   1,194-1,194  1,194  156.00-156.00      156.00

65 - 80% Choice   1,055     63.2   1,154-1,325  1,271  156.00-158.73      157.01

35 - 65% Choice     222     62.6   1,108-1,350  1,219  152.84-156.00      154.28

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     258     62.1   1,129-1,391  1,282  152.90-173.88      162.58

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,198     63.1   1,108-1,574  1,341  149.00-173.88      156.73

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     352     61.1   1,245-1,319  1,306  147.52-155.52      151.50

65 - 80% Choice      57     60.3   1,375-1,375  1,375  146.00-146.00      146.00

35 - 65% Choice      80     58.8   1,199-1,199  1,199  145.00-145.00      145.00

 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     495     63.2     733-983     873   245.83-257.51      249.45

65 - 80% Choice     171     65.1     687-799     775   245.77-252.12      250.75

35 - 65% Choice     197     61.8     819-955     901   236.00-249.26      243.03

 0 - 35% Choice     155     65.9     865-865     865   242.00-242.00      242.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      40     63.4     830-830     830   245.34-245.34      245.34

35 - 65% Choice     171     64.1     719-822     743   242.41-244.05      242.79

 0 - 35% Choice      65     62.0     894-900     897   226.93-226.94      226.93

MIXED STEER/HEIFER

Over 80% Choice     354     63.8     720-882     812   240.61-252.83      247.07

65 - 80% Choice     256     62.5     672-925     832   241.64-250.38      247.73

35 - 65% Choice     121     62.0     677-838     764   242.66-249.14      245.59

 0 - 35% Choice      93     64.8     855-867     863   220.38-244.00      239.94

ALL DRESSED STEERS AND HEIFERS

                  2,118     63.5     672-983     835   220.38-257.51      245.86

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     109     64.4     667-667     667   218.23-218.23      218.23

35 - 65% Choice     299     63.6     689-1,011   802   216.67-227.46      220.74

 0 - 35% Choice      73     62.3     784-806     793   229.38-238.56      235.04

DAIRYBRED STEER/HEIFER

Over 80% Choice     272     59.8     758-914     834   236.71-244.22      240.81

65 - 80% Choice      73     58.7     696-825     754   236.37-242.18      239.00

35 - 65% Choice      40     59.4     740-740     740   237.49-237.49      237.49

 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

Over 80% Choice      84     62.6   1,210-1,210  1,210  154.21-154.21      154.21

65 - 80% Choice                         -                    -

35 - 65% Choice      45     63.0   1,063-1,063  1,063  154.00-154.00      154.00

 0 - 35% Choice      72     63.8   1,385-1,385  1,385  152.90-152.90      152.90

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     160     64.2   1,223-1,223  1,223  153.00-153.00      153.00

 0 - 35% Choice     120     64.4   1,152-1,500  1,218  149.44-153.00      152.52

ALL LIVE STEERS AND HEIFERS

                    481     63.8   1,063-1,500  1,229  149.44-154.21      153.17

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      40     64.6   1,269-1,269  1,269  156.06-156.06      156.06

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     299     62.1   1,335-1,372  1,349  145.65-146.78      146.35

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               12,249         830         244.51

 KANSAS                 23,355         826         248.04

 NEBRASKA                7,360         859         255.69

 COLORADO                3,418         847         248.80

 WESTERN CORNBELT        1,982         838         250.49

  TOTAL 5-AREA          47,744         834         248.41

 N.CENTRAL/E.MT            403         793         257.27

 WESTERN STATES          2,601         864         246.86

 EASTERN CORNBELT           84         967         244.37

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  410         823         245.75

 KANSAS                    131         719         242.41

 NEBRASKA                  404         919         247.74

 COLORADO

 WESTERN CORNBELT          533         848         244.61

  TOTAL 5-AREA           1,419         851         245.39

 N.CENTRAL/E.MT             77         876         247.00

 WESTERN STATES

 EASTERN CORNBELT          333         806         246.42

 NORTHEASTERN STATES       230         769         246.44





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

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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