Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Aug 29, 2014    USDA Market News



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

For Primarily Thursday, 08/28/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   41,104    166,921      42,434      153,160      26,719      190,312

Live:      11,276     27,176       9,145       21,709       8,503       28,373

Total:     52,380    194,097      51,579      174,869      35,222      218,685



NEGOTIATED GRID NET:

Dressed:    2,978     12,393       2,034       10,752       5,402       20,908

Live:         668      3,155         767        3,780       2,003        3,324

Total:      3,646     15,548       2,801       14,532       7,405       24,232





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,460     64.1     795-984     912   232.33-248.49      242.33

65 - 80% Choice   3,953     64.6     783-976     907   237.91-246.80      242.30

35 - 65% Choice  10,530     64.8     744-966     893   230.73-251.44      239.72

 0 - 35% Choice   5,578     64.1     709-1,035   894   232.93-245.45      240.77

HEIFER

Over 80% Choice   2,740     64.1     673-938     815   233.50-269.84      245.78

65 - 80% Choice   2,014     64.1     744-859     801   240.21-245.69      243.77

35 - 65% Choice   3,947     64.5     718-869     789   236.00-250.86      241.04

 0 - 35% Choice   1,418     64.1     709-889     786   242.00-251.44      244.10

MIXED STEER/HEIFER

Over 80% Choice   1,043     63.6     705-931     855   240.98-267.87      248.71

65 - 80% Choice     894     64.1     674-898     850   238.73-249.00      243.78

35 - 65% Choice     452     64.6     698-856     820   237.37-252.64      243.77

 0 - 35% Choice     848     62.2     723-828     760   239.22-246.11      241.14

ALL DRESSED STEERS AND HEIFERS

                 35,877     64.3     673-1,035   863   230.73-269.84      241.80

MIXED STEER/HEIFER/COW

Over 80% Choice     122     64.7     717-818     787   240.40-249.19      243.14

65 - 80% Choice     447     64.9     723-870     855   236.83-242.57      238.83

35 - 65% Choice     961     63.4     748-882     826   230.62-242.98      239.58

 0 - 35% Choice     312     59.9     703-1,061   945   216.56-246.80      222.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     664     62.2     733-945     853   235.28-250.13      238.09

65 - 80% Choice   1,146     61.9     767-909     846   230.11-241.58      236.20

35 - 65% Choice   1,274     62.1     803-931     847   231.54-236.71      234.59

 0 - 35% Choice     301     61.7     749-854     781   233.86-237.62      234.57





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,262     62.7   1,162-1,394  1,286  154.00-176.25      168.00

65 - 80% Choice     524     63.7   1,126-1,493  1,415  154.00-166.00      155.19

35 - 65% Choice   5,146     63.3   1,100-1,467  1,327  149.00-164.90      154.22

 0 - 35% Choice     321     63.5   1,231-1,323  1,273  150.16-156.00      152.88

HEIFER

Over 80% Choice     604     63.5   1,075-1,291  1,185  154.00-174.56      165.88

65 - 80% Choice     366     64.1   1,127-1,283  1,193  151.80-168.58      155.46

35 - 65% Choice   1,749     63.5   1,087-1,295  1,188  149.85-156.00      152.61

 0 - 35% Choice      82     61.8   1,166-1,166  1,166  156.00-156.00      156.00

MIXED STEER/HEIFER

Over 80% Choice      60     61.0   1,262-1,262  1,262  162.78-162.78      162.78

65 - 80% Choice     276     60.0   1,121-1,392  1,229  152.53-163.00      159.48

35 - 65% Choice     236     62.8   1,157-1,257  1,225  152.00-153.00      152.38

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                 10,626     63.2   1,075-1,493  1,283  149.00-176.25      156.46

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     250     60.7   1,367-1,433  1,392  141.14-145.53      142.26

65 - 80% Choice     281     60.6   1,345-1,378  1,359  141.14-141.14      141.14

35 - 65% Choice     119     59.9   1,346-1,411  1,373  142.80-142.80      142.80

 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     351     64.0     742-927     874   242.38-257.57      244.39

65 - 80% Choice     163     63.8     802-938     843   240.12-245.62      242.82

35 - 65% Choice     106     63.5     884-884     884   247.27-247.27      247.27

 0 - 35% Choice     693     63.1     789-978     885   242.00-243.00      242.31

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     131     61.4     711-711     711   249.13-249.13      249.13

35 - 65% Choice                         -                    -

 0 - 35% Choice     276     63.4     806-825     809   242.00-242.00      242.00

MIXED STEER/HEIFER

Over 80% Choice     176     63.5     734-810     772   237.07-245.75      243.65

65 - 80% Choice      68     62.3     739-751     746   237.27-237.70      237.52

35 - 65% Choice      36     63.4     732-820     779   242.44-245.24      243.92

 0 - 35% Choice     174     61.9     699-894     790   225.51-242.00      233.24

ALL DRESSED STEERS AND HEIFERS

                  2,174     63.2     699-978     837   225.51-257.57      242.56

MIXED STEER/HEIFER/COW

Over 80% Choice      32     62.7     760-760     760   242.06-242.06      242.06

65 - 80% Choice      92     62.1     840-840     840   244.50-244.50      244.50

35 - 65% Choice      78     61.1     836-836     836   238.90-238.90      238.90

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     371     59.3     777-872     847   237.21-246.29      239.25

65 - 80% Choice      34     58.4     779-779     779   236.81-236.81      236.81

35 - 65% Choice     197     61.3     718-813     753   229.81-231.00      230.76

 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                         -                    -

 0 - 35% Choice     148     64.5   1,316-1,316  1,316  150.00-150.00      150.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      49     62.8     981-981     981   135.73-135.73      135.73

 0 - 35% Choice     471     63.8   1,057-1,493  1,186  150.00-153.43      151.29

ALL LIVE STEERS AND HEIFERS

                    668     63.9     981-1,493  1,200  135.73-153.43      149.86

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               13,666         854         240.09

 KANSAS                  6,690         861         242.70

 NEBRASKA                5,352         862         245.30

 COLORADO                3,808         903         240.31

 WESTERN CORNBELT        2,130         903         243.87

  TOTAL 5-AREA          31,530         866         241.79

 N.CENTRAL/E.MT          1,073         883         242.22

 WESTERN STATES          2,932         822         241.59

 EASTERN CORNBELT          226         872         242.46

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   57         716         236.09

 KANSAS                     19         820         245.24

 NEBRASKA                  854         852         241.88

 COLORADO                   34         938         242.27

 WESTERN CORNBELT          217         774         244.75

  TOTAL 5-AREA           1,164         834         242.19

 N.CENTRAL/E.MT            683         865         243.13

 WESTERN STATES

 EASTERN CORNBELT          243         798         241.66

 NORTHEASTERN STATES        28         786         242.40





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

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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