Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, Aug 25, 2014    USDA Market News



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

For Primarily Friday, 08/22/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   34,850    188,010      33,391      191,635      29,593      240,506

Live:       7,517     29,226       9,369       32,655      11,685       38,716

Total:     42,367    217,236      42,760      224,290      41,278      279,222



NEGOTIATED GRID NET:

Dressed:    3,207     13,959       2,904       16,538       3,445       23,220

Live:         339      4,119         258        2,804         895        6,329

Total:      3,546     18,078       3,162       19,342       4,340       29,549





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,300     64.2     784-979     918   239.18-269.76      246.70

65 - 80% Choice   4,435     64.3     810-996     915   233.36-252.50      243.82

35 - 65% Choice   7,431     64.4     757-1,000   870   235.09-253.35      241.83

 0 - 35% Choice   6,676     63.6     733-1,019   899   233.12-250.50      244.39

HEIFER

Over 80% Choice   1,277     63.5     695-855     809   239.61-261.02      245.03

65 - 80% Choice   1,140     64.5     716-896     803   239.33-249.81      244.33

35 - 65% Choice   2,991     64.3     676-904     762   237.14-248.93      242.48

 0 - 35% Choice   1,269     64.4     779-908     833   242.00-245.00      242.85

MIXED STEER/HEIFER

Over 80% Choice     686     63.1     717-895     807   240.00-253.69      249.67

65 - 80% Choice     542     63.4     696-827     791   230.66-251.40      246.59

35 - 65% Choice     645     63.0     664-862     808   236.05-249.86      243.65

 0 - 35% Choice     528     62.6     694-883     785   235.30-252.00      245.39

ALL DRESSED STEERS AND HEIFERS

                 29,920     64.0     664-1,019   864   230.66-269.76      243.78

MIXED STEER/HEIFER/COW

Over 80% Choice     269     62.0     511-815     754   235.60-259.02      242.69

65 - 80% Choice     350     61.3     605-895     805   240.60-242.98      242.14

35 - 65% Choice     638     63.2     694-871     795   237.81-246.09      243.52

 0 - 35% Choice     688     59.4     754-990     881   216.16-240.98      230.84

DAIRYBRED STEER/HEIFER

Over 80% Choice     754     61.6     808-923     877   238.97-244.67      240.59

65 - 80% Choice     978     61.1     770-929     874   231.69-243.92      239.08

35 - 65% Choice   1,190     61.3     778-910     849   235.76-273.11      242.14

 0 - 35% Choice      63     60.6     825-825     825   237.77-237.77      237.77





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     110     63.7   1,212-1,430  1,363  157.00-160.58      159.47

65 - 80% Choice   1,323     62.5   1,309-1,507  1,434  155.00-157.42      156.52

35 - 65% Choice   3,762     62.9     990-1,468  1,269  151.47-158.00      153.83

 0 - 35% Choice     136     63.5   1,316-1,316  1,316  155.00-155.00      155.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     157     63.6   1,246-1,293  1,264  155.00-161.50      157.44

35 - 65% Choice     730     63.7   1,133-1,323  1,192  155.50-159.00      156.39

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      52     63.8   1,173-1,173  1,173  154.92-154.92      154.92

35 - 65% Choice      48     62.3   1,020-1,020  1,020  151.57-151.57      151.57

 0 - 35% Choice     147     62.5   1,455-1,455  1,455  157.00-157.00      157.00

ALL LIVE STEERS AND HEIFERS

                  6,465     62.9     990-1,507  1,298  151.47-161.50      154.94

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     419     62.2   1,285-1,350  1,327  154.93-154.93      154.93

65 - 80% Choice     173     61.9   1,249-1,417  1,349  147.28-150.00      148.38

35 - 65% Choice     460     61.6   1,367-1,398  1,387  142.74-150.00      148.76

 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     167     64.7     938-956     952   254.55-254.93      254.64

65 - 80% Choice     200     63.6     880-957     917   246.95-253.44      250.61

35 - 65% Choice     305     64.4     769-860     798   239.41-254.95      243.24

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     323     63.0     787-789     788   248.08-251.87      249.85

65 - 80% Choice     217     64.0     704-759     746   247.24-257.86      249.74

35 - 65% Choice     395     63.7     787-852     800   241.17-257.24      253.99

 0 - 35% Choice     124     63.9     819-819     819   243.00-243.00      243.00

MIXED STEER/HEIFER

Over 80% Choice     475     62.8     725-865     797   237.28-259.15      246.68

65 - 80% Choice     182     63.2     741-821     803   238.40-248.81      245.67

35 - 65% Choice      72     61.9     786-884     840   228.25-243.62      235.08

 0 - 35% Choice     151     63.4     768-768     768   242.00-242.00      242.00

ALL DRESSED STEERS AND HEIFERS

                  2,611     63.5     704-957     812   228.25-259.15      248.00

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     135     65.8     794-794     794   245.00-245.00      245.00

35 - 65% Choice     273     61.7     781-945     851   242.70-245.44      244.09

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      96     60.1     784-858     825   237.91-247.30      241.85

65 - 80% Choice      51     59.8     810-855     839   235.50-241.62      237.66

35 - 65% Choice      41     60.0     804-804     804   236.51-236.51      236.51

 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     62.6   1,020-1,020  1,020  151.57-151.57      151.57

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      30     62.9   1,178-1,178  1,178  158.00-158.00      158.00

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                     70     62.7   1,020-1,178  1,088  151.57-158.00      154.33

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     269     62.5   1,364-1,398  1,380  145.93-148.43      147.20

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               10,958         843         241.48

 KANSAS                  3,470         834         245.64

 NEBRASKA                6,540         900         244.75

 COLORADO                3,618         894         243.76

 WESTERN CORNBELT        1,725         887         246.20

  TOTAL 5-AREA          26,244         866         243.46

 N.CENTRAL/E.MT            589         815         250.89

 WESTERN STATES          2,777         850         244.93

 EASTERN CORNBELT          243         870         247.02

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  489         778         248.97

 KANSAS                    209         769         239.41

 NEBRASKA                  538         880         247.45

 COLORADO

 WESTERN CORNBELT          472         821         247.75

  TOTAL 5-AREA           1,708         821         246.98

 N.CENTRAL/E.MT            466         781         252.30

 WESTERN STATES

 EASTERN CORNBELT          437         812         247.42

 NORTHEASTERN STATES





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

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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