Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Wed, Sep 24, 2014    USDA Market News



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

For Primarily Tuesday, 09/23/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   40,258     96,048      43,460       94,275      62,921      131,498

Live:       7,204     11,773       6,362       12,849       7,477       14,774

Total:     47,462    107,821      49,822      107,124      70,398      146,272



NEGOTIATED GRID NET:

Dressed:    1,551      3,584       2,388        6,070       5,344       10,408

Live:           0        159         299          438       1,824        2,824

Total:      1,551      3,743       2,687        6,508       7,168       13,232





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   5,353     63.9     774-1,090   937   244.31-277.58      257.45

65 - 80% Choice   6,005     64.3     793-1,037   902   244.00-258.92      252.82

35 - 65% Choice   6,958     64.5     739-967     893   242.52-258.57      252.06

 0 - 35% Choice   3,712     63.6     752-1,012   908   242.13-260.83      249.72

HEIFER

Over 80% Choice   4,006     64.0     746-941     827   246.79-290.89      262.29

65 - 80% Choice   3,255     64.5     701-970     807   246.35-261.01      255.18

35 - 65% Choice   2,343     64.4     604-896     771   248.45-258.68      255.95

 0 - 35% Choice     622     64.4     690-936     809   242.50-250.00      246.11

MIXED STEER/HEIFER

Over 80% Choice     755     63.3     730-926     833   249.31-269.48      257.34

65 - 80% Choice     859     63.3     762-918     842   244.20-259.17      252.75

35 - 65% Choice     511     62.1     696-868     793   238.00-254.72      249.49

 0 - 35% Choice     567     63.6     722-914     797   239.14-247.96      243.95

ALL DRESSED STEERS AND HEIFERS

                 34,946     64.1     604-1,090   872   238.00-290.89      254.35

MIXED STEER/HEIFER/COW

Over 80% Choice     488     63.8     804-820     816   249.17-254.90      252.77

65 - 80% Choice     695     62.2     728-929     777   240.96-263.65      252.20

35 - 65% Choice     837     62.8     673-855     775   227.65-255.27      248.51

 0 - 35% Choice     110     59.1     857-928     885   227.78-236.08      231.60

DAIRYBRED STEER/HEIFER

Over 80% Choice     737     61.4     774-920     855   249.08-256.03      251.37

65 - 80% Choice     913     61.9     760-896     866   243.21-253.12      249.17

35 - 65% Choice   1,050     60.7     709-884     811   239.76-252.70      245.03

 0 - 35% Choice     482     60.6     766-857     816   229.11-244.00      235.79





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,330     63.6   1,350-1,595  1,401  159.00-184.85      170.35

65 - 80% Choice     505     62.7   1,434-1,648  1,524  163.00-163.75      163.34

35 - 65% Choice   1,195     63.8   1,285-1,463  1,386  158.50-163.50      162.04

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     959     63.2   1,237-1,317  1,292  162.00-187.40      164.40

65 - 80% Choice     187     64.8   1,228-1,228  1,228  163.50-163.50      163.50

35 - 65% Choice     974     63.0   1,118-1,366  1,227  160.00-163.00      161.29

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     168     63.6   1,379-1,379  1,379  178.98-178.98      178.98

65 - 80% Choice                         -                    -

35 - 65% Choice     207     63.0   1,160-1,264  1,192  159.00-160.00      159.30

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,525     63.4   1,118-1,648  1,354  158.50-187.40      165.74

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     255     60.9   1,291-1,516  1,334  147.57-153.76      152.32

65 - 80% Choice     231     62.1   1,427-1,427  1,427  152.00-152.00      152.00

35 - 65% Choice     193     61.6   1,316-1,376  1,361  151.00-153.00      152.51

 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     135     62.4     649-868     796   241.42-261.67      250.79

65 - 80% Choice      15     61.1     710-710     710   244.99-244.99      244.99

35 - 65% Choice     165     64.3     758-764     763   230.76-249.82      245.66

 0 - 35% Choice      86     63.3     909-909     909   250.00-250.00      250.00

HEIFER

Over 80% Choice     173     63.3     786-786     786   253.29-253.29      253.29

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      90     62.6     877-877     877   250.00-250.00      250.00

MIXED STEER/HEIFER

Over 80% Choice     255     63.6     645-869     778   239.17-253.50      249.55

65 - 80% Choice      60     62.8     705-710     708   241.48-247.60      244.34

35 - 65% Choice      17     62.0     789-789     789   232.17-232.17      232.17

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                    996     63.3     645-909     795   230.76-261.67      249.12

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     119     59.6     822-867     837   242.72-246.87      245.51

 0 - 35% Choice     189     58.6     833-991     913   232.23-235.99      234.61

DAIRYBRED STEER/HEIFER

Over 80% Choice     158     59.4     749-828     804   232.40-247.02      241.21

65 - 80% Choice      30     60.4     809-886     853   239.52-243.43      241.74

35 - 65% Choice      59     59.0     798-823     813   233.35-241.14      237.97

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - LIVE BASIS

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               14,572         853         253.52

 KANSAS                  7,382         853         256.45

 NEBRASKA                5,439         905         253.22

 COLORADO                3,107         903         261.02

 WESTERN CORNBELT        2,076         960         247.39

  TOTAL 5-AREA          32,576         873         254.46

 N.CENTRAL/E.MT            923         865         246.43

 WESTERN STATES          1,367         847         257.86

 EASTERN CORNBELT           80         828         240.93

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  129         764         249.82

 KANSAS

 NEBRASKA                  176         893         250.00

 COLORADO

 WESTERN CORNBELT          144         821         250.36

  TOTAL 5-AREA             369         825         249.88

 N.CENTRAL/E.MT            214         801         254.90

 WESTERN STATES

 EASTERN CORNBELT          123         761         241.24

 NORTHEASTERN STATES       126         761         244.05





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

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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