Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Sep 16, 2014    USDA Market News



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

For Primarily Monday, 09/15/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   50,650     50,650      58,073       58,073      83,813       83,813

Live:       6,347      6,347       8,524        8,524       7,729        7,729

Total:     56,997     56,997      66,597       66,597      91,542       91,542



NEGOTIATED GRID NET:

Dressed:    3,682      3,682       3,833        3,833       5,368        5,368

Live:         139        139         142          142         816          816

Total:      3,821      3,821       3,975        3,975       6,184        6,184





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,799     64.1     578-1,045   891   238.58-283.21      261.30

65 - 80% Choice   5,115     64.4     753-999     902   242.77-261.23      252.31

35 - 65% Choice   9,004     64.5     715-948     869   239.31-258.91      251.57

 0 - 35% Choice   6,320     64.2     741-1,009   889   241.41-256.35      249.89

HEIFER

Over 80% Choice   3,416     64.6     699-921     809   244.80-278.87      259.95

65 - 80% Choice   8,013     64.8     735-865     809   246.86-264.34      257.21

35 - 65% Choice   7,535     64.9     624-886     796   246.91-262.39      255.71

 0 - 35% Choice   1,586     64.6     752-870     810   247.59-253.53      250.36

MIXED STEER/HEIFER

Over 80% Choice     756     63.7     730-1,000   876   249.17-273.06      259.68

65 - 80% Choice     490     63.2     762-853     829   248.96-260.73      253.95

35 - 65% Choice     413     64.4     795-878     863   245.85-258.26      255.83

 0 - 35% Choice     126     62.9     800-822     806   249.73-250.00      249.92

ALL DRESSED STEERS AND HEIFERS

                 46,573     64.5     578-1,045   848   238.58-283.21      254.62

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     497     64.2     667-869     764   240.44-254.35      251.45

35 - 65% Choice     492     63.5     644-901     756   239.14-256.33      250.21

 0 - 35% Choice     132     61.1     621-869     696   234.78-245.18      242.03

DAIRYBRED STEER/HEIFER

Over 80% Choice     912     61.5     746-915     832   246.44-256.37      251.06

65 - 80% Choice   1,199     61.1     716-880     814   237.10-257.03      249.67

35 - 65% Choice     461     61.5     723-906     819   240.96-254.75      248.69

 0 - 35% Choice     384     62.7     803-913     856   236.49-248.02      244.70





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      22     63.6   1,173-1,173  1,173  159.02-159.02      159.02

65 - 80% Choice     962     64.1   1,040-1,440  1,383  159.63-164.71      163.98

35 - 65% Choice   3,377     63.6   1,149-1,558  1,351  153.05-164.71      162.01

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     144     63.8   1,176-1,255  1,195  159.54-164.00      160.62

65 - 80% Choice     168     62.4   1,252-1,402  1,373  163.00-164.00      163.18

35 - 65% Choice   1,003     63.3   1,070-1,447  1,207  159.73-164.00      162.54

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      88     63.2   1,036-1,406  1,330  156.00-156.50      156.40

35 - 65% Choice     167     63.7   1,133-1,178  1,150  161.00-163.00      161.77

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  5,931     63.6   1,036-1,558  1,322  153.05-164.71      162.32

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     291     62.4   1,287-1,364  1,341  154.53-162.53      160.55

65 - 80% Choice      42     61.9   1,328-1,328  1,328  162.53-162.53      162.53

35 - 65% Choice      83     60.0   1,378-1,476  1,405  153.00-153.00      153.00

 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     536     63.1     766-914     799   247.54-259.69      252.02

65 - 80% Choice                         -                    -

35 - 65% Choice     137     61.2     848-876     858   244.76-250.00      246.64

 0 - 35% Choice     415     63.4     744-978     860   245.90-252.00      250.33

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     151     63.8     785-785     785   240.84-240.84      240.84

 0 - 35% Choice     378     64.0     761-857     822   245.00-251.96      248.48

MIXED STEER/HEIFER

Over 80% Choice     289     63.0     714-822     763   239.83-255.07      249.85

65 - 80% Choice      85     61.8     725-764     733   244.05-250.02      245.20

35 - 65% Choice     106     61.7     793-797     796   242.78-245.83      243.53

 0 - 35% Choice     137     62.7     798-907     873   245.00-245.00      245.00

ALL DRESSED STEERS AND HEIFERS

                  2,234     63.1     714-978     814   239.83-259.69      248.65

MIXED STEER/HEIFER/COW

Over 80% Choice     185     64.0     687-687     687   243.90-243.90      243.90

65 - 80% Choice     474     64.5     687-691     689   239.71-240.02      239.87

35 - 65% Choice     213     61.2     728-867     812   238.43-242.25      240.75

 0 - 35% Choice     159     58.4     876-907     890   234.03-237.69      235.23

DAIRYBRED STEER/HEIFER

Over 80% Choice     192     59.5     681-891     809   235.50-249.00      243.12

65 - 80% Choice     150     60.8     792-825     815   241.80-247.42      245.30

35 - 65% Choice      64     59.9     744-817     785   236.66-241.11      238.99

 0 - 35% Choice      11     57.7     752-752     752   232.92-232.92      232.92





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      38     65.2   1,296-1,296  1,296  156.00-156.00      156.00

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     101     61.9   1,393-1,393  1,393  153.41-153.41      153.41

ALL LIVE STEERS AND HEIFERS

                    139     62.8   1,296-1,393  1,367  153.41-156.00      154.12

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               16,485         853         251.69

 KANSAS                 17,110         829         256.53

 NEBRASKA                5,811         867         256.88

 COLORADO                2,935         874         253.60

 WESTERN CORNBELT        1,055         935         252.31

  TOTAL 5-AREA          43,315         849         254.43

 N.CENTRAL/E.MT            666         836         256.82

 WESTERN STATES          2,346         841         256.92

 EASTERN CORNBELT          165         786         261.62

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  197         788         251.77

 KANSAS

 NEBRASKA                  866         838         248.03

 COLORADO                  227         810         242.15

 WESTERN CORNBELT          518         792         250.24

  TOTAL 5-AREA           1,749         818         248.19

 N.CENTRAL/E.MT            246         847         250.50

 WESTERN STATES

 EASTERN CORNBELT          180         753         249.27

 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





1130C













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