Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Wed, Sep 3, 2014    USDA Market News



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

For Primarily Tuesday, 09/02/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   53,710     54,181      43,678       97,829      82,591       82,591

Live:       8,110      8,110       5,882       11,866       9,758        9,758

Total:     61,820     62,291      49,560      109,695      92,349       92,349



NEGOTIATED GRID NET:

Dressed:    1,831      2,074       2,929        6,059       6,465        6,465

Live:       1,115      1,115         335        1,503       1,320        1,320

Total:      2,946      3,189       3,264        7,562       7,785        7,785





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,502     63.8     701-1,013   877   237.66-270.14      248.20

65 - 80% Choice   4,075     64.2     721-1,036   892   235.44-246.98      240.67

35 - 65% Choice   9,735     65.0     647-986     859   233.41-246.17      238.75

 0 - 35% Choice   5,344     63.9     705-1,006   903   232.38-247.29      241.92

HEIFER

Over 80% Choice   3,686     64.5     716-905     791   238.67-269.45      243.97

65 - 80% Choice   8,922     64.5     725-857     798   233.93-247.62      241.67

35 - 65% Choice   5,342     64.7     583-861     789   236.66-245.21      240.52

 0 - 35% Choice   2,808     64.9     688-888     817   238.51-246.33      243.74

MIXED STEER/HEIFER

Over 80% Choice   1,157     63.7     766-1,034   867   235.14-268.73      249.52

65 - 80% Choice     645     63.8     789-920     840   236.06-247.77      243.97

35 - 65% Choice     503     63.2     662-928     766   229.28-242.00      237.83

 0 - 35% Choice     688     63.8     767-881     813   243.44-245.58      245.13

ALL DRESSED STEERS AND HEIFERS

                 47,407     64.4     583-1,036   840   229.28-270.14      242.04

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      65     65.3     831-831     831   240.72-240.72      240.72

35 - 65% Choice     609     63.2     672-913     775   217.38-239.23      228.74

 0 - 35% Choice     120     60.1     806-806     806   221.62-221.62      221.62

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,879     61.9     671-931     884   224.43-242.97      237.38

65 - 80% Choice   2,001     62.1     756-927     855   233.01-240.83      236.04

35 - 65% Choice   1,260     62.1     784-905     825   231.70-237.85      235.20

 0 - 35% Choice     369     62.1     762-875     839   232.12-239.00      234.70





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     385     63.9   1,368-1,433  1,389  152.00-164.40      155.28

65 - 80% Choice   2,009     63.8   1,124-1,486  1,398  152.53-156.50      154.16

35 - 65% Choice   2,573     63.5   1,210-1,534  1,390  152.00-160.55      155.14

 0 - 35% Choice     281     63.6   1,293-1,355  1,342  153.00-154.05      153.74

HEIFER

Over 80% Choice     368     64.3   1,140-1,270  1,213  152.00-156.00      154.15

65 - 80% Choice     513     64.0   1,147-1,280  1,223  152.50-156.50      154.93

35 - 65% Choice     913     63.3   1,098-1,441  1,217  151.00-156.00      153.37

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     479     62.8   1,253-1,300  1,284  153.50-170.85      162.91

65 - 80% Choice     144     62.0   1,348-1,348  1,348  169.14-169.14      169.14

35 - 65% Choice     237     64.9   1,374-1,374  1,374  155.00-155.00      155.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  7,902     63.6   1,098-1,534  1,344  151.00-170.85      155.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     208     61.7   1,357-1,375  1,368  144.00-144.00      144.00

 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      85     64.2     736-810     779   240.93-248.40      243.22

65 - 80% Choice      64     63.0     705-917     838   241.83-247.38      245.30

35 - 65% Choice     167     62.2     738-827     804   237.49-248.02      241.63

 0 - 35% Choice     146     64.5     816-890     869   240.00-242.00      240.56

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      37     64.2     877-877     877   237.77-237.77      237.77

MIXED STEER/HEIFER

Over 80% Choice     393     63.4     768-900     828   233.04-248.73      245.31

65 - 80% Choice      99     61.9     692-767     722   239.77-254.88      245.39

35 - 65% Choice     291     63.7     709-879     815   229.11-242.00      236.89

 0 - 35% Choice     135     64.0     764-842     800   231.16-238.10      234.24

ALL DRESSED STEERS AND HEIFERS

                  1,417     63.4     692-917     816   229.11-254.88      241.28

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      85     60.5     861-872     867   229.75-239.91      235.13

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     231     60.6     742-903     805   233.72-242.28      237.36

65 - 80% Choice      45     58.2     804-813     806   236.94-238.33      237.99

35 - 65% Choice      53     60.2     639-789     746   227.98-230.72      229.94

 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     147     63.8   1,214-1,257  1,239  149.35-152.00      150.86

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     266     64.3   1,089-1,225  1,148  148.34-151.00      149.30

 0 - 35% Choice     580     63.5   1,009-1,322  1,194  145.22-151.50      149.54

ALL LIVE STEERS AND HEIFERS

                    993     63.8   1,009-1,322  1,188  145.22-152.00      149.67

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      72     61.3   1,337-1,337  1,337  143.38-143.38      143.38

35 - 65% Choice      50     60.9   1,322-1,322  1,322  142.94-142.94      142.94

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               11,781         839         238.69

 KANSAS                 18,694         829         242.01

 NEBRASKA                6,202         863         248.27

 COLORADO                4,622         822         240.15

 WESTERN CORNBELT        2,165         916         244.86

  TOTAL 5-AREA          43,125         841         241.92

 N.CENTRAL/E.MT            617         857         245.75

 WESTERN STATES          3,247         834         242.55

 EASTERN CORNBELT           79         821         243.51

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  597         831         237.27

 KANSAS

 NEBRASKA                  107         900         242.77

 COLORADO

 WESTERN CORNBELT          470         799         245.44

  TOTAL 5-AREA           1,174         825         241.04

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          196         768         242.49

 NORTHEASTERN STATES        47         793         242.24





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

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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