Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Thu, Oct 9, 2014    USDA Market News



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

For Primarily Wednesday, 10/08/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   42,519    130,762      31,919      109,571          NA           NA

Live:       3,985     16,393       7,234       26,219          NA           NA

Total:     46,504    147,155      39,153      135,790          NA           NA



NEGOTIATED GRID NET:

Dressed:    2,491      6,657       2,185        7,014          NA           NA

Live:         378        624         111          670          NA           NA

Total:      2,869      7,281       2,296        7,684          NA           NA





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,489     63.7     780-1,052   929   236.38-286.78      259.15

65 - 80% Choice   5,333     64.7     824-1,018   923   244.00-259.27      250.54

35 - 65% Choice   7,043     64.5     722-986     885   241.17-258.57      251.37

 0 - 35% Choice   4,501     63.8     708-1,006   924   237.19-274.49      251.51

HEIFER

Over 80% Choice   2,491     63.8     759-919     829   247.15-285.91      255.67

65 - 80% Choice   3,123     64.6     720-868     803   245.15-257.03      250.95

35 - 65% Choice   3,286     64.7     676-902     808   241.51-256.10      250.08

 0 - 35% Choice   1,378     64.9     814-899     873   235.85-275.12      257.94

MIXED STEER/HEIFER

Over 80% Choice   1,291     63.3     753-955     842   246.68-280.30      262.11

65 - 80% Choice     474     64.0     735-845     782   244.24-258.38      252.71

35 - 65% Choice     444     63.9     738-901     786   242.23-248.17      245.27

 0 - 35% Choice   2,080     63.3     747-947     856   241.05-269.29      254.96

ALL DRESSED STEERS AND HEIFERS

                 34,933     64.2     676-1,052   875   235.85-286.78      253.00

MIXED STEER/HEIFER/COW

Over 80% Choice      39     60.4     787-787     787   246.25-246.25      246.25

65 - 80% Choice     733     63.5     794-975     843   244.10-248.88      246.66

35 - 65% Choice   1,632     64.2     647-957     800   234.39-254.76      247.60

 0 - 35% Choice     405     59.4     780-980     925   226.98-241.96      232.35

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,283     61.1     740-931     826   241.16-252.91      249.07

65 - 80% Choice   1,520     62.0     756-905     819   232.31-255.54      248.11

35 - 65% Choice   1,647     61.6     760-877     817   230.60-252.83      245.13

 0 - 35% Choice     327     61.2     794-873     827   244.00-246.00      244.51





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     425     63.9   1,346-1,561  1,448  160.43-178.50      165.96

65 - 80% Choice     452     62.5   1,438-1,542  1,509  158.49-161.10      159.39

35 - 65% Choice     505     63.3   1,287-1,473  1,371  160.00-164.00      162.43

 0 - 35% Choice     148     63.8   1,381-1,401  1,392  162.50-162.50      162.50

HEIFER

Over 80% Choice     447     63.6   1,210-1,389  1,284  162.00-178.50      165.67

65 - 80% Choice     295     63.5   1,343-1,343  1,343  162.00-162.00      162.00

35 - 65% Choice   1,163     62.2   1,125-1,332  1,179  162.00-163.75      162.98

 0 - 35% Choice     108     63.2   1,156-1,156  1,156  163.00-163.00      163.00

MIXED STEER/HEIFER

Over 80% Choice     162     63.9   1,309-1,309  1,309  175.83-175.83      175.83

65 - 80% Choice                         -                    -

35 - 65% Choice     122     63.3   1,095-1,434  1,303  162.00-162.00      162.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,827     63.0   1,095-1,561  1,315  158.49-178.50      163.55

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     158     61.0   1,353-1,368  1,361  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     307     62.9     770-868     819   240.13-254.16      247.94

65 - 80% Choice      38     64.9     924-924     924   236.44-236.44      236.44

35 - 65% Choice      80     60.8     920-920     920   243.00-243.00      243.00

 0 - 35% Choice     548     62.4     854-964     935   251.00-252.00      251.78

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      86     62.6     918-918     918   252.00-252.00      252.00

MIXED STEER/HEIFER

Over 80% Choice     278     63.8     723-885     836   242.17-259.16      249.58

65 - 80% Choice      81     62.1     718-769     741   242.86-245.22      244.17

35 - 65% Choice     310     62.8     718-950     892   235.16-248.00      237.83

 0 - 35% Choice     241     62.6     686-863     787   235.89-252.00      239.66

ALL DRESSED STEERS AND HEIFERS

                  1,969     62.7     686-964     869   235.16-259.16      246.23

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     203     62.8     709-920     807   221.43-237.60      234.39

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      98     58.5     739-820     770   233.07-247.44      238.02

65 - 80% Choice      38     61.0     853-853     853   243.49-243.49      243.49

35 - 65% Choice     183     60.5     749-873     817   225.82-237.58      232.26

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

 No Reportable Trade.

HEIFER

Over 80% Choice      40     62.9   1,364-1,364  1,364  156.25-156.25      156.25

65 - 80% Choice                         -                    -

35 - 65% Choice     165     62.8   1,150-1,245  1,196  156.69-159.00      157.88

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      15     61.4   1,360-1,360  1,360  147.63-147.63      147.63

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    220     62.8   1,150-1,364  1,238  147.63-159.00      156.88

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     100     62.7   1,306-1,322  1,318  150.00-155.97      154.42

35 - 65% Choice      58     60.7   1,267-1,267  1,267  148.78-148.78      148.78

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               12,119         847         250.63

 KANSAS                  2,630         869         254.93

 NEBRASKA                6,477         877         253.07

 COLORADO                7,545         914         254.51

 WESTERN CORNBELT        2,740         954         252.87

  TOTAL 5-AREA          31,511         880         252.61

 N.CENTRAL/E.MT            608         868         268.93

 WESTERN STATES          2,720         816         253.92

 EASTERN CORNBELT           94         837         251.18

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  245         799         239.68

 KANSAS

 NEBRASKA                  462         928         244.42

 COLORADO

 WESTERN CORNBELT          325         893         246.84

  TOTAL 5-AREA           1,032         887         244.05

 N.CENTRAL/E.MT            309         910         252.00

 WESTERN STATES

 EASTERN CORNBELT          408         833         245.66

 NORTHEASTERN STATES       220         790         249.43





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

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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