Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Sep 26, 2014    USDA Market News



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

For Primarily Thursday, 09/25/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   38,723    164,033      42,290      162,373      23,012      199,187

Live:       7,833     25,400       6,371       27,453       7,134       29,540

Total:     46,556    189,433      48,661      189,826      30,146      228,727



NEGOTIATED GRID NET:

Dressed:    1,943      7,595       3,940       14,959       2,622       17,742

Live:         648      1,021          83        1,104         455        4,514

Total:      2,591      8,616       4,023       16,063       3,077       22,256





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,387     64.2     784-1,009   937   240.53-268.87      249.11

65 - 80% Choice   2,574     63.8     860-1,022   930   242.75-255.41      249.09

35 - 65% Choice   6,135     64.5     743-979     873   242.27-255.40      248.63

 0 - 35% Choice   3,982     63.5     687-1,006   946   242.30-253.47      246.27

HEIFER

Over 80% Choice   1,487     63.5     688-900     787   237.44-272.45      256.78

65 - 80% Choice   6,178     64.6     693-929     807   236.22-256.51      250.28

35 - 65% Choice   3,709     64.2     700-883     801   239.12-259.55      248.56

 0 - 35% Choice     687     64.6     758-865     835   245.32-248.97      247.29

MIXED STEER/HEIFER

Over 80% Choice   1,302     63.2     722-915     857   242.07-278.16      262.51

65 - 80% Choice     384     63.2     718-892     812   239.76-255.36      249.57

35 - 65% Choice     427     63.9     676-891     742   245.32-253.96      249.11

 0 - 35% Choice     837     61.6     725-867     770   239.81-252.87      246.98

ALL DRESSED STEERS AND HEIFERS

                 32,089     64.1     676-1,022   864   236.22-278.16      249.64

MIXED STEER/HEIFER/COW

Over 80% Choice     607     63.9     732-857     817   244.75-253.59      250.93

65 - 80% Choice     547     63.4     793-927     869   235.81-250.16      243.96

35 - 65% Choice     200     63.1     752-891     818   226.24-251.70      243.63

 0 - 35% Choice     429     58.9     914-1,056  1,011  211.71-215.76      214.58

DAIRYBRED STEER/HEIFER

Over 80% Choice     857     62.0     761-910     826   240.11-252.57      243.05

65 - 80% Choice   1,904     61.9     691-876     837   208.43-250.74      243.17

35 - 65% Choice   1,627     61.4     764-921     835   231.36-250.79      241.99

 0 - 35% Choice     463     61.7     814-872     837   232.48-244.71      242.52





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     692     63.8   1,318-1,504  1,394  156.91-181.76      166.43

65 - 80% Choice     629     63.5   1,359-1,577  1,461  159.00-163.00      160.10

35 - 65% Choice   3,053     62.8     978-1,519  1,279  155.42-163.02      158.50

 0 - 35% Choice      58     63.1   1,201-1,201  1,201  156.09-156.09      156.09

HEIFER

Over 80% Choice     352     63.2   1,094-1,363  1,199  154.32-160.00      156.86

65 - 80% Choice                         -                    -

35 - 65% Choice   1,639     63.1   1,013-1,288  1,128  155.55-163.00      157.71

 0 - 35% Choice     167     62.7   1,387-1,387  1,387  163.00-163.00      163.00

MIXED STEER/HEIFER

Over 80% Choice     240     60.0   1,269-1,269  1,269  163.00-163.00      163.00

65 - 80% Choice                         -                    -

35 - 65% Choice     228     62.1   1,020-1,351  1,138  156.02-159.00      156.55

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  7,058     62.9     978-1,577  1,264  154.32-181.76      159.33

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     136     60.6   1,351-1,380  1,372  144.74-150.00      146.09

65 - 80% Choice     533     61.8   1,415-1,465  1,440  151.00-152.00      151.40

35 - 65% Choice     106     60.9   1,403-1,403  1,403  150.00-150.00      150.00

 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     131     63.0     763-830     809   245.05-256.60      251.48

65 - 80% Choice     276     63.7     840-1,003   940   241.89-250.62      245.47

35 - 65% Choice     146     62.5     794-895     843   246.26-248.83      247.18

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      24     60.7     713-713     713   233.60-233.60      233.60

35 - 65% Choice     610     64.3     814-850     821   238.81-243.00      242.20

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     126     62.2     773-945     811   239.22-255.23      248.68

65 - 80% Choice      86     62.6     760-861     806   235.66-248.69      244.13

35 - 65% Choice     133     62.6     770-857     806   229.86-248.00      238.04

 0 - 35% Choice      81     62.3     714-807     759   237.19-244.67      241.07

ALL DRESSED STEERS AND HEIFERS

                  1,613     63.4     713-1,003   835   229.86-256.60      244.05

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      40     62.7     948-948     948   238.79-238.79      238.79

 0 - 35% Choice      84     61.1     841-841     841   233.24-233.24      233.24

DAIRYBRED STEER/HEIFER

Over 80% Choice     193     59.1     790-921     862   239.66-244.17      242.23

65 - 80% Choice                         -                    -

35 - 65% Choice      13     59.4     721-721     721   230.21-230.21      230.21

 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      45     59.9   1,031-1,031  1,031  144.72-144.72      144.72

 0 - 35% Choice                         -                    -

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      74     63.1   1,134-1,188  1,166  145.42-154.57      150.86

35 - 65% Choice     305     63.7   1,101-1,224  1,170  146.84-159.14      155.04

 0 - 35% Choice      92     62.8   1,085-1,085  1,085  159.00-159.00      159.00

ALL LIVE STEERS AND HEIFERS

                    516     63.1   1,031-1,224  1,142  144.72-159.14      154.25

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     132     63.5   1,400-1,400  1,400  160.79-160.79      160.79

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                8,736         803         250.36

 KANSAS                  5,382         838         252.72

 NEBRASKA                5,501         900         250.26

 COLORADO                6,368         908         245.99

 WESTERN CORNBELT        2,530         930         246.87

  TOTAL 5-AREA          28,435         863         249.51

 N.CENTRAL/E.MT          1,210         901         252.85

 WESTERN STATES          2,250         853         249.66

 EASTERN CORNBELT          112         836         248.93

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   81         759         241.07

 KANSAS                     39         828         256.60

 NEBRASKA                  848         859         242.89

 COLORADO

 WESTERN CORNBELT          132         791         248.86

  TOTAL 5-AREA           1,061         845         243.97

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          267         801         246.38

 NORTHEASTERN STATES       179         816         240.28





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

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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