Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu Aug 28, 2014    USDA Market News



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

For Primarily Wednesday, 08/27/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   27,988    125,817      23,034      110,726      48,992      163,593

Live:       4,107     15,856       2,802       12,564       7,155       19,870

Total:     32,095    141,673      25,836      123,290      56,147      183,463



NEGOTIATED GRID NET:

Dressed:    3,518      9,577       2,398        8,718       3,985       15,506

Live:         984      2,487         865        3,013           0        1,321

Total:      4,502     12,064       3,263       11,731       3,985       16,827





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,051     63.9     782-995     890   237.01-271.39      250.40

65 - 80% Choice   2,200     64.8     786-978     909   234.03-247.81      241.56

35 - 65% Choice   3,690     64.6     732-1,016   897   233.94-247.64      241.43

 0 - 35% Choice   3,132     63.7     732-1,010   899   237.00-244.59      240.61

HEIFER

Over 80% Choice   1,923     64.2     730-908     829   243.33-272.37      252.22

65 - 80% Choice   3,354     64.6     738-880     817   237.83-252.47      245.07

35 - 65% Choice   1,244     64.5     800-850     817   235.24-253.87      243.28

 0 - 35% Choice     839     64.2     760-877     815   242.00-243.78      242.83

MIXED STEER/HEIFER

Over 80% Choice   1,796     63.7     741-952     848   242.00-264.30      250.33

65 - 80% Choice     544     63.6     710-938     826   235.23-247.71      241.93

35 - 65% Choice     223     64.4     810-923     865   235.62-242.78      238.75

 0 - 35% Choice     457     61.5     736-799     776   233.66-243.51      242.77

ALL DRESSED STEERS AND HEIFERS

                 23,453     64.2     710-1,016   865   233.66-272.37      245.13

MIXED STEER/HEIFER/COW

Over 80% Choice     529     64.0     799-828     817   239.30-250.09      246.75

65 - 80% Choice     400     64.7     755-894     805   233.70-241.44      239.18

35 - 65% Choice     677     63.6     628-830     806   235.46-238.61      237.71

 0 - 35% Choice     546     58.2     674-1,028   942   210.12-227.32      217.62

DAIRYBRED STEER/HEIFER

Over 80% Choice     434     62.4     796-922     864   233.49-242.13      237.85

65 - 80% Choice     731     61.4     681-918     850   236.02-240.88      237.96

35 - 65% Choice     775     60.9     796-862     828   227.66-240.96      236.84

 0 - 35% Choice     443     61.7     847-865     858   234.00-236.00      234.20





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     439     63.6   1,421-1,502  1,461  153.75-155.50      154.86

65 - 80% Choice     686     63.4   1,374-1,538  1,460  152.96-156.06      154.21

35 - 65% Choice   1,144     63.5   1,267-1,395  1,358  152.00-154.00      152.92

 0 - 35% Choice      93     61.8   1,201-1,560  1,413  153.00-153.50      153.30

HEIFER

Over 80% Choice      51     64.3   1,155-1,316  1,269  152.00-155.00      152.88

65 - 80% Choice     273     65.0   1,229-1,301  1,257  152.50-154.50      154.10

35 - 65% Choice     715     62.4   1,092-1,335  1,203  152.00-156.00      153.37

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     213     63.6   1,194-1,253  1,213  165.74-172.72      168.94

65 - 80% Choice                         -                    -

35 - 65% Choice     157     62.6   1,153-1,153  1,153  152.00-152.00      152.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,771     63.3   1,092-1,560  1,335  152.00-172.72      154.43

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      70     63.1   1,335-1,335  1,335  159.05-159.05      159.05

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      70     60.5   1,316-1,316  1,316  139.60-139.60      139.60

65 - 80% Choice                         -                    -

35 - 65% Choice     196     59.9   1,315-1,365  1,323  138.00-141.80      141.22

 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     234     63.3     762-881     845   238.00-250.86      247.16

65 - 80% Choice      37     61.4     797-797     797   246.86-246.86      246.86

35 - 65% Choice     253     64.4     820-918     842   240.17-250.33      242.54

 0 - 35% Choice     747     63.4     757-1,013   860   242.00-244.00      242.99

HEIFER

Over 80% Choice     292     63.3     760-837     825   243.47-255.19      245.19

65 - 80% Choice     329     63.5     721-833     773   222.93-246.24      232.00

35 - 65% Choice     111     63.4     687-823     745   242.69-253.09      246.49

 0 - 35% Choice     103     63.0     711-825     796   238.58-243.00      242.01

MIXED STEER/HEIFER

Over 80% Choice     253     63.5     705-840     766   242.20-255.47      247.72

65 - 80% Choice     176     64.1     714-843     764   242.57-249.32      246.02

35 - 65% Choice     182     63.3     676-882     782   240.54-244.00      242.35

 0 - 35% Choice     587     63.4     761-877     809   230.12-246.56      242.33

ALL DRESSED STEERS AND HEIFERS

                  3,304     63.5     676-1,013   814   222.93-255.47      242.85

MIXED STEER/HEIFER/COW

Over 80% Choice      40     64.9     838-838     838   252.54-252.54      252.54

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     116     61.7     759-920     843   233.77-239.59      236.74

65 - 80% Choice      38     60.0     766-766     766   235.77-235.77      235.77

35 - 65% Choice      20     61.3     811-811     811   236.00-236.00      236.00

 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      50     61.6   1,257-1,257  1,257  148.85-148.85      148.85

35 - 65% Choice      16     65.7   1,424-1,424  1,424  157.54-157.54      157.54

 0 - 35% Choice      87     64.6   1,256-1,256  1,256  151.21-151.21      151.21

HEIFER

  No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     519     64.0   1,140-1,329  1,228  144.30-155.00      151.61

 0 - 35% Choice     224     64.7   1,176-1,180  1,177  152.79-153.50      152.99

ALL LIVE STEERS AND HEIFERS

                    896     64.1   1,140-1,424  1,223  144.30-157.54      151.87

MIXED STEER/HEIFER/COW

  No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      61     60.7   1,257-1,257  1,257  145.00-145.00      145.00

35 - 65% Choice      27     61.6   1,332-1,332  1,332  145.00-145.00      145.00

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                6,871         876         239.82

 KANSAS                  2,704         865         245.53

 NEBRASKA                4,880         845         248.68

 COLORADO                2,985         875         249.89

 WESTERN CORNBELT        1,308         939         244.12

  TOTAL 5-AREA          18,748         871         244.85

 N.CENTRAL/E.MT            828         849         256.55

 WESTERN STATES          3,491         838         244.04

 EASTERN CORNBELT          386         856         243.73

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                1,389         790         240.32

 KANSAS                    221         837         246.55

 NEBRASKA                  203         822         242.36

 COLORADO

 WESTERN CORNBELT          163         761         249.33

  TOTAL 5-AREA           1,976         796         241.97

 N.CENTRAL/E.MT            976         862         243.39

 WESTERN STATES

 EASTERN CORNBELT          206         761         245.43

 NORTHEASTERN STATES       146         802         247.46





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

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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