Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, Jul 31, 2014    USDA Market News



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

For Primarily Wednesday, 07/30/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   30,136    118,497      29,875      124,339      56,256      194,133

Live:       5,126     14,989       6,111       19,318       5,016       18,814

Total:     35,262    133,486      35,986      143,657      61,272      212,947



NEGOTIATED GRID NET:

Dressed:    4,055      9,319       2,138        8,875       4,935       14,187

Live:       1,176      2,614           0        2,176          79        2,055

Total:      5,231     11,933       2,138       11,051       5,014       16,242





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,473     63.7     769-969     879   246.65-286.46      257.43

65 - 80% Choice   4,509     64.2     726-956     888   241.77-286.92      254.92

35 - 65% Choice   3,798     64.4     793-957     887   241.67-261.87      254.69

 0 - 35% Choice   7,601     64.0     826-985     897   255.00-266.78      259.97

HEIFER

Over 80% Choice   2,555     64.0     700-906     809   243.10-287.61      255.14

65 - 80% Choice   1,625     64.4     735-794     775   242.43-254.81      250.57

35 - 65% Choice     830     64.2     643-877     792   245.61-258.00      252.81

 0 - 35% Choice     979     64.3     769-807     791   256.00-260.00      257.76

MIXED STEER/HEIFER

Over 80% Choice   1,276     63.3     732-979     802   242.07-279.13      259.99

65 - 80% Choice     124     62.6     797-812     807   249.26-256.16      251.71

35 - 65% Choice     410     62.9     706-778     744   239.02-260.18      249.24

 0 - 35% Choice      86     63.7     835-899     860   257.00-257.00      257.00

ALL DRESSED STEERS AND HEIFERS

                 25,266     64.1     643-985     861   239.02-287.61      256.49

MIXED STEER/HEIFER/COW

Over 80% Choice     239     60.6     769-972     845   235.86-245.38      240.60

65 - 80% Choice     529     62.0     693-915     808   241.07-254.00      248.01

35 - 65% Choice     505     61.3     692-995     886   230.30-243.10      238.98

 0 - 35% Choice     902     57.9     679-1,050   890   212.10-234.41      220.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     730     61.9     752-916     861   237.95-253.42      243.48

65 - 80% Choice   1,242     61.7     691-913     838   233.02-256.56      240.49

35 - 65% Choice     621     62.6     807-895     870   238.11-257.22      250.31

 0 - 35% Choice     102     59.5     847-898     871   251.00-251.00      251.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     447     63.1   1,370-1,445  1,414  163.31-174.60      167.00

65 - 80% Choice   1,108     63.9   1,333-1,551  1,461  156.00-166.70      160.59

35 - 65% Choice   1,445     63.8   1,313-1,481  1,387  156.00-166.70      164.94

 0 - 35% Choice      81     61.9   1,422-1,422  1,422  156.00-156.00      156.00

HEIFER

Over 80% Choice      18     62.1   1,200-1,200  1,200  183.34-183.34      183.34

65 - 80% Choice     745     64.3   1,140-1,301  1,233  156.00-165.50      160.03

35 - 65% Choice     724     63.8   1,153-1,297  1,205  156.50-166.50      163.62

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     165     63.0   1,229-1,260  1,238  165.00-183.25      170.20

65 - 80% Choice     185     64.7   1,335-1,335  1,335  167.00-167.00      167.00

35 - 65% Choice      88     63.6   1,178-1,178  1,178  156.00-156.00      156.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,006     63.8   1,140-1,551  1,346  156.00-183.34      163.25

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     120     61.2   1,489-1,489  1,489  156.15-156.15      156.15

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     386     63.2     806-922     842   227.92-254.18      243.53

65 - 80% Choice     149     62.6     769-860     814   245.04-255.81      247.75

35 - 65% Choice     528     64.4     715-929     800   240.17-244.09      241.42

 0 - 35% Choice      49     63.2     813-834     829   240.48-240.70      240.53

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      36     62.6     710-792     747   240.98-248.21      245.00

35 - 65% Choice      75     64.7     824-824     824   237.75-237.75      237.75

 0 - 35% Choice     126     63.6     747-747     747   237.00-237.00      237.00

MIXED STEER/HEIFER

Over 80% Choice     348     63.7     664-895     792   245.65-258.94      251.14

65 - 80% Choice     270     62.5     693-870     822   243.68-250.06      245.40

35 - 65% Choice     139     63.4     738-847     785   233.20-250.92      242.13

 0 - 35% Choice     478     63.5     653-835     784   227.15-257.00      244.62

ALL DRESSED STEERS AND HEIFERS

                  2,584     63.5     653-929     803   227.15-258.94      244.17

MIXED STEER/HEIFER/COW

Over 80% Choice      20     62.5     744-744     744   241.40-241.40      241.40

65 - 80% Choice     297     61.7     705-858     808   241.85-248.00      244.39

35 - 65% Choice     294     60.2     742-956     837   234.31-247.00      238.61

 0 - 35% Choice      38     57.3     844-844     844   228.44-228.44      228.44

DAIRYBRED STEER/HEIFER

Over 80% Choice     450     60.2     775-889     831   238.07-247.11      243.53

65 - 80% Choice     186     60.0     672-903     808   234.48-245.00      238.22

35 - 65% Choice     186     61.3     769-926     834   234.28-237.00      235.78

 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      41     64.1   1,244-1,244  1,244  151.19-151.19      151.19

35 - 65% Choice     237     63.5   1,090-1,320  1,197  148.96-151.35      150.13

 0 - 35% Choice      37     64.6   1,217-1,217  1,217  150.12-150.12      150.12

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      89     63.3   1,095-1,130  1,112  154.00-154.00      154.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     269     63.8     995-1,367  1,186  151.37-154.54      152.50

 0 - 35% Choice     357     62.9   1,198-1,325  1,270  150.18-153.00      152.23

ALL LIVE STEERS AND HEIFERS

                  1,030     63.4     995-1,367  1,215  148.96-154.54      151.85

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      77     61.7   1,328-1,328  1,328  156.00-156.00      156.00

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      56     61.3   1,246-1,246  1,246  145.00-145.00      145.00

35 - 65% Choice                         -                    -

 0 - 35% Choice      13     62.5   1,242-1,242  1,242  153.00-153.00      153.00





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                4,304         844         256.19

 KANSAS                  3,202         850         251.37

 NEBRASKA                8,992         873         257.45

 COLORADO                3,298         886         259.90

 WESTERN CORNBELT          969         848         254.62

  TOTAL 5-AREA          20,765         865         256.51

 N.CENTRAL/E.MT            980         808         260.71

 WESTERN STATES          3,205         851         255.18

 EASTERN CORNBELT          280         867         256.50

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,154         785         238.02

 KANSAS                     16         829         255.81

 NEBRASKA                  195         820         253.69

 COLORADO

 WESTERN CORNBELT          596         810         248.58

  TOTAL 5-AREA           1,941         797         242.88

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          461         829         247.68

 NORTHEASTERN STATES       162         799         249.13





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

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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