Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Aug 12, 2014    USDA Market News



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

For Primarily Monday, 08/11/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   54,548     54,548      51,723       51,723      86,262       86,262

Live:       7,070      7,070       5,752        5,752       5,742        5,742

Total:     61,618     61,618      57,475       57,475      92,004       92,004



NEGOTIATED GRID NET:

Dressed:    4,156      4,156       2,890        2,890       5,598        5,598

Live:         924        924       1,063        1,063       1,467        1,467

Total:      5,080      5,080       3,953        3,953       7,065        7,065





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,029     64.0     710-1,017   877   247.76-284.67      261.23

65 - 80% Choice   7,972     64.5     702-1,000   905   246.34-265.24      256.09

35 - 65% Choice   8,549     64.5     720-969     878   248.03-260.01      255.33

 0 - 35% Choice   4,329     64.2     666-1,012   906   241.41-258.88      254.96

HEIFER

Over 80% Choice   3,910     64.2     678-875     797   253.00-282.77      260.45

65 - 80% Choice   6,231     64.4     689-892     792   248.88-265.80      258.08

35 - 65% Choice   7,920     64.8     639-913     786   240.21-259.47      256.32

 0 - 35% Choice   1,512     64.8     687-840     808   251.81-258.96      256.29

MIXED STEER/HEIFER

Over 80% Choice   1,390     63.1     707-942     831   250.71-284.54      263.32

65 - 80% Choice     421     63.2     724-908     817   255.44-260.45      258.34

35 - 65% Choice     299     63.6     628-831     724   237.28-258.86      252.53

 0 - 35% Choice     232     61.9     781-866     830   247.79-253.12      251.99

ALL DRESSED STEERS AND HEIFERS

                 48,794     64.4     628-1,017   847   237.28-284.67      257.32

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice   1,017     64.2     687-860     748   252.41-257.55      253.64

35 - 65% Choice     943     63.7     627-938     860   237.56-254.00      251.28

 0 - 35% Choice     591     60.2     673-1,049   899   228.99-252.46      239.17

DAIRYBRED STEER/HEIFER

Over 80% Choice     641     61.3     768-912     872   250.10-257.20      252.42

65 - 80% Choice     480     61.4     783-873     849   238.98-253.87      249.42

35 - 65% Choice   1,882     62.4     780-927     845   245.91-253.48      250.38

 0 - 35% Choice     200     63.1     856-906     883   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     416     63.0   1,234-1,434  1,346  159.93-164.50      162.71

65 - 80% Choice   1,754     63.0   1,195-1,428  1,356  163.00-166.50      164.75

35 - 65% Choice   1,123     63.3   1,339-1,437  1,393  163.00-165.60      164.54

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     266     62.9   1,261-1,261  1,261  165.60-165.60      165.60

65 - 80% Choice     305     64.3   1,256-1,310  1,267  163.05-165.00      164.61

35 - 65% Choice   1,470     63.0   1,090-1,421  1,215  163.00-164.50      163.82

 0 - 35% Choice     604     62.6   1,142-1,324  1,213  163.00-164.00      163.69

MIXED STEER/HEIFER

Over 80% Choice      80     63.0   1,300-1,300  1,300  159.50-159.50      159.50

65 - 80% Choice     144     62.0   1,382-1,382  1,382  177.90-177.90      177.90

35 - 65% Choice     134     63.3   1,400-1,420  1,408  161.05-166.00      163.93

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,296     63.0   1,090-1,437  1,308  159.50-177.90      164.50

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     330     62.2   1,285-1,441  1,323  153.03-162.85      160.47

65 - 80% Choice                         -                    -

35 - 65% Choice      74     60.4   1,320-1,320  1,320  153.00-153.00      153.00

 0 - 35% Choice     370     61.2   1,284-1,415  1,355  147.92-162.85      154.88





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     901     64.2     709-941     876   247.85-264.60      253.51

65 - 80% Choice     483     64.4     762-904     818   245.38-258.91      251.89

35 - 65% Choice      96     62.2     629-817     727   238.74-257.18      248.84

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice      45     63.2     781-781     781   257.29-257.29      257.29

65 - 80% Choice     167     63.9     722-938     813   251.79-257.51      254.79

35 - 65% Choice     153     63.3     898-984     935   244.12-244.19      244.15

 0 - 35% Choice     281     65.0     762-873     825   252.00-252.00      252.00

MIXED STEER/HEIFER

Over 80% Choice     253     63.3     739-835     780   246.36-263.31      258.18

65 - 80% Choice     131     62.0     779-830     788   247.89-259.76      255.72

35 - 65% Choice     279     64.4     740-873     834   242.34-255.00      253.07

 0 - 35% Choice     240     64.0     763-833     784   247.11-254.00      251.62

ALL DRESSED STEERS AND HEIFERS

                  3,029     64.0     629-984     832   238.74-264.60      252.91

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     267     64.4     730-956     771   239.21-257.21      249.47

35 - 65% Choice     117     60.6     809-871     849   232.45-251.34      244.72

 0 - 35% Choice     293     59.3     717-948     872   225.00-251.33      242.87

DAIRYBRED STEER/HEIFER

Over 80% Choice     292     59.2     690-924     832   228.66-251.96      247.50

65 - 80% Choice      45     59.9     787-897     863   244.06-252.37      246.65

35 - 65% Choice     113     62.0     643-811     694   232.56-244.09      236.03

 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      40     64.8   1,209-1,209  1,209  160.00-160.00      160.00

 0 - 35% Choice     215     64.4   1,157-1,362  1,223  158.00-161.00      159.45

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      93     62.6   1,169-1,248  1,181  158.17-162.00      159.84

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     371     63.7   1,057-1,319  1,174  159.68-161.00      160.23

 0 - 35% Choice     205     62.8   1,171-1,417  1,231  156.34-160.00      159.02

ALL LIVE STEERS AND HEIFERS

                    924     63.6   1,057-1,417  1,200  156.34-162.00      159.73

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               14,935         845         254.80

 KANSAS                 18,661         834         258.90

 NEBRASKA                5,964         889         259.47

 COLORADO                4,001         847         256.32

 WESTERN CORNBELT        1,404         891         255.53

  TOTAL 5-AREA          44,667         848         257.25

 N.CENTRAL/E.MT            798         845         257.25

 WESTERN STATES          2,736         835         258.58

 EASTERN CORNBELT          295         874         252.46

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,070         822         253.26

 KANSAS                    335         821         251.79

 NEBRASKA                  496         913         250.23

 COLORADO                   30         817         257.18

 WESTERN CORNBELT          390         812         254.98

  TOTAL 5-AREA           2,273         840         252.58

 N.CENTRAL/E.MT            297         788         254.44

 WESTERN STATES

 EASTERN CORNBELT          245         833         250.27

 NORTHEASTERN STATES       166         808         256.51





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

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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