Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, Sep 22, 2014    USDA Market News



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

For Primarily Friday, 09/19/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   32,958    195,331      29,712      196,002      22,700      227,944

Live:       6,550     34,003       7,785       35,153       8,835       36,486

Total:     39,508    229,334      37,497      231,155      31,535      264,430



NEGOTIATED GRID NET:

Dressed:    3,059     18,018       3,092       14,663       2,388       18,992

Live:       1,038      2,142         292        1,005         664        3,528

Total:      4,097     20,160       3,384       15,668       3,052       22,520





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,051     63.9     821-1,039   949   246.30-260.66      252.85

65 - 80% Choice   2,707     64.0     807-979     927   245.00-260.79      251.99

35 - 65% Choice   5,445     64.4     758-979     889   240.50-258.00      250.81

 0 - 35% Choice   4,059     63.4     753-1,001   908   244.57-252.96      249.72

HEIFER

Over 80% Choice   1,036     64.6     713-909     823   248.68-258.69      253.98

65 - 80% Choice   2,352     64.5     706-906     813   242.99-257.98      253.52

35 - 65% Choice   3,710     64.6     682-958     794   246.17-259.00      252.38

 0 - 35% Choice     732     65.0     678-859     826   245.15-253.96      251.51

MIXED STEER/HEIFER

Over 80% Choice     549     63.4     699-930     813   250.00-262.89      257.57

65 - 80% Choice     787     63.1     638-911     826   245.00-257.99      249.86

35 - 65% Choice     614     62.8     644-881     801   234.25-259.02      251.89

 0 - 35% Choice     920     63.4     711-906     828   244.11-250.54      247.72

ALL DRESSED STEERS AND HEIFERS

                 25,962     64.1     638-1,039   870   234.25-262.89      251.65

MIXED STEER/HEIFER/COW

Over 80% Choice     342     62.9     709-887     806   244.46-260.77      250.16

65 - 80% Choice     518     64.4     772-808     784   247.50-260.16      254.77

35 - 65% Choice   1,492     63.0     656-912     845   233.26-255.55      246.20

 0 - 35% Choice     239     59.6     710-931     899   220.50-241.87      223.63

DAIRYBRED STEER/HEIFER

Over 80% Choice     986     62.0     767-919     843   248.64-255.94      250.71

65 - 80% Choice   2,266     61.5     735-934     841   236.29-254.55      250.27

35 - 65% Choice     694     61.3     774-846     801   238.54-250.18      246.37

 0 - 35% Choice     459     61.3     782-875     841   229.11-249.18      239.29





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     315     63.9   1,331-1,586  1,481  163.50-175.84      168.16

65 - 80% Choice   1,115     62.7   1,317-1,467  1,394  163.00-164.50      163.49

35 - 65% Choice   2,261     62.8   1,101-1,498  1,377  158.82-163.88      162.42

 0 - 35% Choice     361     62.3   1,201-1,332  1,258  159.09-163.00      160.51

HEIFER

Over 80% Choice     255     62.6   1,229-1,347  1,322  163.50-165.50      165.10

65 - 80% Choice      65     63.2   1,247-1,247  1,247  162.50-162.50      162.50

35 - 65% Choice   1,030     63.1   1,043-1,290  1,135  159.14-163.00      160.79

 0 - 35% Choice     170     62.7   1,045-1,234  1,130  158.87-163.50      160.62

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      43     63.8   1,230-1,230  1,230  161.53-161.53      161.53

35 - 65% Choice     541     63.0   1,119-1,403  1,212  159.15-163.00      160.45

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,156     62.9   1,043-1,586  1,312  158.82-175.84      162.41

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     213     61.5   1,273-1,370  1,304  148.84-161.47      157.44

65 - 80% Choice                         -                    -

35 - 65% Choice     181     61.5   1,380-1,399  1,388  154.00-154.00      154.00

 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      29     61.6     649-699     668   241.42-253.51      246.01

65 - 80% Choice      31     62.6     749-816     792   245.65-247.13      246.18

35 - 65% Choice     231     65.0     791-928     862   248.78-261.00      254.37

 0 - 35% Choice     645     63.8     828-981     932   248.00-250.00      249.82

HEIFER

Over 80% Choice      27     63.2     723-723     723   260.16-260.16      260.16

65 - 80% Choice     139     62.7     721-728     726   229.27-251.25      236.70

35 - 65% Choice      66     65.6     774-774     774   253.58-253.58      253.58

 0 - 35% Choice     449     63.9     779-837     809   250.00-250.00      250.00

MIXED STEER/HEIFER

Over 80% Choice     204     63.1     678-837     756   246.33-257.99      252.93

65 - 80% Choice     151     63.7     743-752     747   251.22-259.74      255.34

35 - 65% Choice      53     63.2     783-877     847   241.77-246.75      243.37

 0 - 35% Choice     433     63.3     565-936     835   230.21-250.00      243.15

ALL DRESSED STEERS AND HEIFERS

                  2,458     63.7     565-981     835   229.27-261.00      248.94

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     165     64.7     894-894     894   249.00-249.00      249.00

35 - 65% Choice     251     60.2     906-906     906   240.89-243.45      242.56

 0 - 35% Choice      43     58.3     884-884     884   233.11-233.11      233.11

DAIRYBRED STEER/HEIFER

Over 80% Choice      90     60.9     773-837     806   240.28-244.80      242.36

65 - 80% Choice                         -                    -

35 - 65% Choice      13     61.3     844-844     844   229.61-229.61      229.61

 0 - 35% Choice      39     59.6     778-778     778   221.62-221.62      221.62





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      83     62.8   1,268-1,268  1,268  163.50-163.50      163.50

35 - 65% Choice                         -                    -

 0 - 35% Choice      36     63.1   1,404-1,404  1,404  163.00-163.00      163.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     131     62.6   1,079-1,079  1,079  163.00-163.00      163.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     403     61.8   1,095-1,289  1,164  162.00-164.00      163.54

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    653     62.2   1,079-1,404  1,174  162.00-164.00      163.40

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      39     61.9   1,187-1,187  1,187  144.14-144.14      144.14

65 - 80% Choice                         -                    -

35 - 65% Choice     346     61.0   1,253-1,371  1,287  144.67-152.80      150.06

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                9,460         830         252.42

 KANSAS                  3,350         854         255.94

 NEBRASKA                3,816         904         248.83

 COLORADO                3,477         886         249.32

 WESTERN CORNBELT        2,370         949         251.00

  TOTAL 5-AREA          22,379         867         251.70

 N.CENTRAL/E.MT          1,092         889         247.69

 WESTERN STATES          2,317         894         253.17

 EASTERN CORNBELT           80         883         245.95

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  676         818         245.62

 KANSAS                     73         791         248.78

 NEBRASKA                1,097         854         250.19

 COLORADO

 WESTERN CORNBELT          245         803         251.85

  TOTAL 5-AREA           2,091         834         248.86

 N.CENTRAL/E.MT            289         866         250.00

 WESTERN STATES

 EASTERN CORNBELT           18         767         251.48

 NORTHEASTERN STATES        60         732         246.09





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

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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