Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Oct 17, 2014    USDA Market News



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

For Primarily Thursday, 10/16/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   38,389    154,533      37,998      168,760      25,930       65,685

Live:       4,497     20,767       8,961       25,402       9,100        9,100

Total:     42,886    175,300      46,959      194,162      35,030       74,785



NEGOTIATED GRID NET:

Dressed:    1,293      8,174       3,036        9,745       4,102        7,542

Live:          30        245          38          647       1,111        1,111

Total:      1,323      8,419       3,074       10,392       5,213        8,653





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     64.0     790-1,044   969   252.03-266.77      256.45

65 - 80% Choice   5,906     65.0     803-1,071   940   252.03-265.30      255.29

35 - 65% Choice   6,774     64.7     724-1,046   884   249.31-259.59      254.92

 0 - 35% Choice   3,228     63.8     711-1,021   936   246.22-259.25      256.32

HEIFER

Over 80% Choice   2,033     63.6     729-918     825   249.48-273.25      260.33

65 - 80% Choice   2,233     63.9     740-885     803   255.67-264.35      260.03

35 - 65% Choice   3,366     64.4     669-935     759   251.79-262.81      257.02

 0 - 35% Choice   2,049     64.2     723-903     843   248.92-261.29      258.00

MIXED STEER/HEIFER

Over 80% Choice     405     63.1     771-936     848   253.89-268.07      259.91

65 - 80% Choice     751     63.9     686-888     828   251.32-263.03      259.62

35 - 65% Choice     668     62.7     637-977     826   244.23-262.62      254.34

 0 - 35% Choice   1,793     62.5     716-990     821   243.29-258.75      254.59

ALL DRESSED STEERS AND HEIFERS

                 32,153     64.2     637-1,071   876   243.29-273.25      256.52

MIXED STEER/HEIFER/COW

Over 80% Choice     178     63.4     801-927     836   254.20-263.43      258.49

65 - 80% Choice   1,424     64.0     778-897     843   240.75-262.96      256.83

35 - 65% Choice   1,623     64.1     707-890     778   245.42-259.25      256.32

 0 - 35% Choice     211     60.4     910-1,000   970   221.54-239.13      235.52

DAIRYBRED STEER/HEIFER

Over 80% Choice     587     61.8     811-909     875   247.58-258.13      252.80

65 - 80% Choice   1,052     61.7     745-934     866   243.14-258.78      249.53

35 - 65% Choice   1,130     61.6     780-898     844   243.50-255.31      251.17

 0 - 35% Choice      31     57.4     738-738     738   237.38-237.38      237.38





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     724     63.8   1,426-1,558  1,506  161.17-167.00      164.49

65 - 80% Choice     146     62.1   1,627-1,627  1,627  164.00-164.00      164.00

35 - 65% Choice     807     63.1   1,257-1,502  1,412  164.00-166.90      165.12

 0 - 35% Choice      35     64.5   1,456-1,456  1,456  164.00-164.00      164.00

HEIFER

Over 80% Choice     237     63.7   1,411-1,411  1,411  166.00-166.00      166.00

65 - 80% Choice      82     64.1   1,307-1,332  1,320  165.50-165.50      165.50

35 - 65% Choice     933     62.5   1,126-1,335  1,200  164.00-165.50      164.73

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice      35     60.0   1,137-1,137  1,137  174.19-174.19      174.19

65 - 80% Choice     266     59.0   1,236-1,322  1,310  163.00-170.00      164.00

35 - 65% Choice     576     62.8   1,077-1,259  1,175  160.75-165.50      163.83

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,841     62.7   1,077-1,627  1,340  160.75-174.19      164.73

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     115     62.4   1,110-1,110  1,110  160.85-160.85      160.85

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     212     61.0   1,392-1,409  1,398  151.82-152.91      152.23

35 - 65% Choice     201     61.4   1,382-1,399  1,388  157.00-157.00      157.00

 0 - 35% Choice     128     61.6   1,307-1,323  1,316  155.00-157.00      156.11





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice      39     63.9     858-858     858   249.47-249.47      249.47

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     392     61.6     926-965     951   247.00-258.00      256.09

HEIFER

Over 80% Choice      27     63.3     850-850     850   250.67-250.67      250.67

65 - 80% Choice                         -                    -

35 - 65% Choice     223     63.0     721-841     790   236.32-256.00      246.90

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     145     63.0     726-888     800   251.42-258.75      254.60

65 - 80% Choice      85     63.7     755-779     768   240.47-254.46      246.39

35 - 65% Choice      19     62.9     751-751     751   247.32-247.32      247.32

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                    930     62.5     721-965     861   236.32-258.75      252.16

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      43     62.3     757-757     757   237.00-237.00      237.00

 0 - 35% Choice      38     58.7     883-883     883   239.40-239.40      239.40

DAIRYBRED STEER/HEIFER

Over 80% Choice      98     60.1     731-872     833   246.90-254.24      248.18

65 - 80% Choice     137     59.9     781-895     836   240.11-245.43      243.51

35 - 65% Choice      47     60.6     810-890     866   235.24-247.24      243.67

 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                         -                    -

35 - 65% Choice      30     62.5   1,320-1,320  1,320  155.92-155.92      155.92

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                8,831         801         256.14

 KANSAS                  3,234         856         257.27

 NEBRASKA                9,242         950         254.67

 COLORADO                4,972         886         257.79

 WESTERN CORNBELT        1,731         940         258.36

  TOTAL 5-AREA          27,971         880         256.21

 N.CENTRAL/E.MT          1,252         840         258.57

 WESTERN STATES          2,638         844         258.81

 EASTERN CORNBELT          253         879         256.98

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS                     39         753         248.11

 NEBRASKA                  441         922         253.49

 COLORADO

 WESTERN CORNBELT          136         862         251.27

  TOTAL 5-AREA             575         910         252.23

 N.CENTRAL/E.MT             92         721         256.00

 WESTERN STATES

 EASTERN CORNBELT          169         807         250.15

 NORTHEASTERN STATES        53         846         246.00





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

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





1130C













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