Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Aug 26, 2014    USDA Market News



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

For Primarily Monday, 08/25/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   53,716     53,716      46,058       46,058      59,398       59,398

Live:       5,833      5,833       4,229        4,229       4,903        4,903

Total:     59,549     59,549      50,287       50,287      64,301       64,301



NEGOTIATED GRID NET:

Dressed:    3,013      3,013       3,623        3,623       6,138        6,138

Live:       1,168      1,168       1,539        1,539       1,089        1,089

Total:      4,181      4,181       5,162        5,162       7,227        7,227





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   6,655     64.0     735-1,040   877   238.80-272.44      248.56

65 - 80% Choice   7,410     64.6     644-1,002   892   228.48-252.61      243.84

35 - 65% Choice   9,549     64.6     677-992     870   235.09-248.38      242.24

 0 - 35% Choice   3,994     63.7     719-967     889   237.22-245.45      243.34

HEIFER

Over 80% Choice   4,656     64.6     714-925     806   235.73-275.87      247.01

65 - 80% Choice   5,153     64.6     688-906     796   235.22-252.74      246.21

35 - 65% Choice   6,209     64.7     646-962     794   234.57-252.09      245.07

 0 - 35% Choice   1,884     65.2     644-955     835   238.88-245.33      243.22

MIXED STEER/HEIFER

Over 80% Choice     648     63.8     680-929     861   229.18-270.70      252.16

65 - 80% Choice     353     62.8     710-861     757   239.23-254.00      248.23

35 - 65% Choice     620     63.0     710-850     813   233.73-246.88      241.53

 0 - 35% Choice     263     63.6     796-851     824   242.00-245.63      244.11

ALL DRESSED STEERS AND HEIFERS

                 47,394     64.4     644-1,040   848   228.48-275.87      244.96

MIXED STEER/HEIFER/COW

Over 80% Choice      69     62.2     794-794     794   242.61-242.61      242.61

65 - 80% Choice   1,394     64.8     743-872     795   242.34-247.26      244.73

35 - 65% Choice   1,038     63.5     732-897     807   224.12-245.14      238.60

 0 - 35% Choice      74     62.0     894-894     894   234.86-234.86      234.86

DAIRYBRED STEER/HEIFER

Over 80% Choice     891     61.4     739-890     835   235.73-253.26      241.02

65 - 80% Choice   1,085     62.1     742-915     826   234.19-242.30      238.95

35 - 65% Choice   1,771     62.6     746-908     858   227.93-240.85      237.74

 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     156     64.0   1,381-1,427  1,395  154.00-156.50      155.65

65 - 80% Choice   1,113     63.7   1,288-1,495  1,417  155.50-157.42      156.72

35 - 65% Choice   1,224     63.5   1,231-1,490  1,396  152.96-159.00      156.09

 0 - 35% Choice     510     62.8   1,287-1,304  1,295  155.50-156.00      155.78

HEIFER

Over 80% Choice     541     63.0   1,196-1,344  1,261  153.04-157.42      156.27

65 - 80% Choice     257     61.8   1,246-1,468  1,321  155.00-156.50      155.51

35 - 65% Choice   1,015     63.1   1,128-1,286  1,209  152.80-156.50      154.94

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      79     60.6   1,153-1,316  1,236  153.50-154.00      153.75

65 - 80% Choice     312     63.5   1,320-1,333  1,326  157.00-169.25      162.50

35 - 65% Choice     109     61.6   1,080-1,354  1,176  152.00-154.00      153.12

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,316     63.2   1,080-1,495  1,327  152.00-169.25      156.23

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     219     60.7   1,275-1,346  1,305  146.00-146.93      146.63

65 - 80% Choice                         -                    -

35 - 65% Choice     298     61.1   1,355-1,412  1,383  144.00-146.00      145.16

 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     353     63.6     708-936     840   247.00-405.11      262.63

65 - 80% Choice     177     62.4     672-889     820   244.02-255.95      253.85

35 - 65% Choice     490     64.7     772-897     835   238.38-244.60      241.39

 0 - 35% Choice     289     62.8     808-991     872   242.00-243.00      242.43

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      66     64.5     822-822     822   243.50-243.50      243.50

35 - 65% Choice                         -                    -

 0 - 35% Choice     100     62.2     687-716     702   242.00-242.00      242.00

MIXED STEER/HEIFER

Over 80% Choice     197     63.6     732-931     796   240.00-255.52      248.41

65 - 80% Choice      96     62.9     688-758     716   245.41-254.16      247.50

35 - 65% Choice     331     64.0     698-891     797   241.05-253.69      244.70

 0 - 35% Choice     418     63.2     776-886     829   236.71-244.00      242.12

ALL DRESSED STEERS AND HEIFERS

                  2,517     63.6     672-991     820   236.71-405.11      246.78

MIXED STEER/HEIFER/COW

Over 80% Choice      39     62.2     768-768     768   248.67-248.67      248.67

65 - 80% Choice     216     63.2     844-844     844   247.91-247.91      247.91

35 - 65% Choice     131     61.1     859-896     862   235.55-241.84      236.13

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      51     57.2     718-852     807   231.63-243.80      236.83

65 - 80% Choice      43     60.2     771-820     789   237.98-246.87      243.56

35 - 65% Choice      16     58.5     833-833     833   230.13-230.13      230.13

 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      78     64.9   1,218-1,218  1,218  153.00-153.00      153.00

 0 - 35% Choice     219     64.6   1,195-1,331  1,284  151.00-153.50      152.95

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     135     64.3   1,156-1,236  1,183  153.00-158.00      156.26

 0 - 35% Choice     651     63.8   1,088-1,387  1,193  143.13-154.00      151.64

ALL LIVE STEERS AND HEIFERS

                  1,083     64.1   1,088-1,387  1,212  143.13-158.00      152.58

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      85     65.1   1,244-1,244  1,244  158.57-158.57      158.57

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

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               14,562         852         242.30

 KANSAS                 18,432         827         246.03

 NEBRASKA                5,833         859         248.20

 COLORADO                3,059         869         244.91

 WESTERN CORNBELT        1,912         928         246.82

  TOTAL 5-AREA          43,679         847         245.00

 N.CENTRAL/E.MT            356         818         243.76

 WESTERN STATES          2,993         867         244.04

 EASTERN CORNBELT          247         835         244.97

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  888         827         242.72

 KANSAS

 NEBRASKA                  361         822         247.50

 COLORADO

 WESTERN CORNBELT          410         835         249.70

  TOTAL 5-AREA           1,622         830         245.45

 N.CENTRAL/E.MT            585         834         242.24

 WESTERN STATES

 EASTERN CORNBELT          116         711         248.31

 NORTHEASTERN STATES       157         756         276.28





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

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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