Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Oct 10, 2014    USDA Market News



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

For Primarily Thursday, 10/09/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   37,998    168,760      37,762      147,333          NA           NA

Live:       8,961     25,402       7,740       33,959          NA           NA

Total:     46,959    194,162      45,502      181,292          NA           NA



NEGOTIATED GRID NET:

Dressed:    2,947      9,621       2,390        9,404          NA           NA

Live:          38        647         211          881          NA           NA

Total:      2,985     10,268       2,601       10,285          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   2,947     63.8     750-1,058   933   244.48-277.39      252.95

65 - 80% Choice   3,857     64.3     730-981     919   244.20-271.67      251.63

35 - 65% Choice   7,523     64.7     781-1,017   887   240.32-256.50      249.88

 0 - 35% Choice   3,414     64.4     769-1,021   901   233.74-255.06      251.27

HEIFER

Over 80% Choice   2,031     64.0     673-883     825   247.59-279.70      256.30

65 - 80% Choice   2,569     64.2     740-901     811   245.63-259.64      254.15

35 - 65% Choice   5,111     64.3     647-929     800   246.16-256.52      252.48

 0 - 35% Choice     693     63.6     700-860     782   252.00-253.62      252.39

MIXED STEER/HEIFER

Over 80% Choice   1,357     63.4     749-995     846   246.37-271.67      256.65

65 - 80% Choice     342     62.9     775-944     851   249.94-258.34      252.97

35 - 65% Choice     482     62.4     658-850     774   237.71-257.56      251.01

 0 - 35% Choice   1,922     62.9     652-872     787   238.09-253.32      248.70

ALL DRESSED STEERS AND HEIFERS

                 32,248     64.2     647-1,058   861   233.74-279.70      251.99

MIXED STEER/HEIFER/COW

Over 80% Choice     808     63.6     740-883     835   246.05-256.03      251.19

65 - 80% Choice     311     63.0     717-852     787   249.57-255.79      252.32

35 - 65% Choice     522     64.5     760-978     799   236.61-257.77      252.55

 0 - 35% Choice     484     60.5     761-999     881   223.41-253.82      231.55

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,466     62.1     747-895     827   245.16-252.61      249.96

65 - 80% Choice     718     63.4     780-910     855   246.25-255.92      250.86

35 - 65% Choice   1,087     61.8     814-882     849   246.71-253.26      249.39

 0 - 35% Choice     354     62.3     800-856     833   241.71-248.80      246.74





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,023     63.4   1,300-1,623  1,445  160.43-181.23      170.49

65 - 80% Choice     143     63.8   1,361-1,365  1,363  161.17-163.00      162.19

35 - 65% Choice   2,475     62.9   1,164-1,653  1,341  159.00-163.60      161.53

 0 - 35% Choice     591     63.1   1,244-1,322  1,256  154.19-160.50      155.23

HEIFER

Over 80% Choice     486     63.7   1,236-1,302  1,284  161.77-164.50      163.38

65 - 80% Choice     377     62.7   1,224-1,436  1,350  162.00-163.50      162.61

35 - 65% Choice   2,437     62.6   1,004-1,438  1,144  158.51-163.00      161.21

 0 - 35% Choice     180     61.7   1,081-1,081  1,081  163.50-163.50      163.50

MIXED STEER/HEIFER

Over 80% Choice      35     60.0   1,174-1,174  1,174  171.63-171.63      171.63

65 - 80% Choice     269     64.4   1,077-1,427  1,154  159.75-162.50      160.35

35 - 65% Choice     306     62.4   1,072-1,317  1,188  158.74-163.00      161.21

 0 - 35% Choice     244     62.3   1,194-1,453  1,317  163.00-163.50      163.26

ALL LIVE STEERS AND HEIFERS

                  8,566     62.9   1,004-1,653  1,271  154.19-181.23      162.32

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      80     60.1   1,349-1,349  1,349  151.17-151.17      151.17

65 - 80% Choice                         -                    -

35 - 65% Choice     315     61.6   1,342-1,357  1,355  154.00-156.00      155.74

 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      89     62.1     775-898     862   243.39-262.47      249.26

65 - 80% Choice      86     62.9     710-964     914   243.44-251.51      249.91

35 - 65% Choice     229     63.2     823-941     923   239.06-243.00      242.40

 0 - 35% Choice     919     62.7     865-965     930   251.00-252.00      251.78

HEIFER

Over 80% Choice      43     62.8     754-754     754   250.52-250.52      250.52

65 - 80% Choice                         -                    -

35 - 65% Choice      99     63.8     820-820     820   242.00-242.00      242.00

 0 - 35% Choice     179     62.9     820-829     827   252.00-252.00      252.00

MIXED STEER/HEIFER

Over 80% Choice     286     62.9     753-860     811   242.97-259.71      248.74

65 - 80% Choice      44     63.8     791-791     791   242.00-242.00      242.00

35 - 65% Choice                         -                    -

 0 - 35% Choice     206     62.8     822-854     835   252.00-252.00      252.00

ALL DRESSED STEERS AND HEIFERS

                  2,180     62.8     710-965     881   239.06-262.47      249.59

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      26     62.6     825-825     825   232.10-232.10      232.10

35 - 65% Choice     155     61.0     710-742     729   221.28-237.31      228.00

 0 - 35% Choice     298     59.6     841-1,021   980   227.58-234.00      228.95

DAIRYBRED STEER/HEIFER

Over 80% Choice     288     60.4     751-938     845   219.86-246.43      238.46

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 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

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      38     63.1   1,281-1,281  1,281  155.94-155.94      155.94

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               14,948         832         251.36

 KANSAS                  2,914         874         254.50

 NEBRASKA                6,314         921         250.04

 COLORADO                1,415         870         251.29

 WESTERN CORNBELT        2,624         892         252.27

  TOTAL 5-AREA          28,057         864         251.49

 N.CENTRAL/E.MT            961         861         259.37

 WESTERN STATES          2,778         833         254.52

 EASTERN CORNBELT          272         819         253.32

 NORTHEASTERN STATES        22         880         256.83





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS

 NEBRASKA                  956         880         250.93

 COLORADO

 WESTERN CORNBELT          283         924         253.23

  TOTAL 5-AREA           1,239         890         251.45

 N.CENTRAL/E.MT            591         909         248.52

 WESTERN STATES

 EASTERN CORNBELT          350         804         244.80

 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





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