Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Oct 21, 2014    USDA Market News



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

For Primarily Monday, 10/20/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   47,622     47,622      47,729       47,729      38,960       38,960

Live:       6,952      6,952       8,519        8,519       8,333        8,333

Total:     54,574     54,574      56,248       56,248      47,293       47,293



NEGOTIATED GRID NET:

Dressed:    2,150      2,150       2,760        2,760       4,694        4,694

Live:         132        132           0            0         767          767

Total:      2,282      2,282       2,760        2,760       5,461        5,461





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,111     63.7     760-1,052   930   254.78-284.58      264.84

65 - 80% Choice   6,113     64.1     693-987     909   253.96-269.20      259.34

35 - 65% Choice  11,420     64.3     708-1,035   895   250.77-269.17      256.96

 0 - 35% Choice   2,267     63.7     808-1,058   908   250.75-261.11      257.42

HEIFER

Over 80% Choice   3,226     63.8     681-928     834   255.72-284.84      264.03

65 - 80% Choice   4,213     64.0     715-951     807   249.93-271.33      262.08

35 - 65% Choice   8,654     64.5     725-952     818   242.94-262.70      258.26

 0 - 35% Choice   1,417     63.9     715-864     828   256.27-260.58      258.41

MIXED STEER/HEIFER

Over 80% Choice     620     63.1     689-995     846   253.25-284.55      269.19

65 - 80% Choice     200     62.9     803-835     818   251.78-262.89      258.43

35 - 65% Choice     221     63.4     694-815     773   253.00-261.97      254.86

 0 - 35% Choice     627     63.2     790-1,016   921   257.00-258.60      257.93

ALL DRESSED STEERS AND HEIFERS

                 43,089     64.1     681-1,058   869   242.94-284.84      259.60

MIXED STEER/HEIFER/COW

Over 80% Choice     385     63.5     824-830     829   260.71-261.75      261.54

65 - 80% Choice   1,082     64.0     680-893     820   255.17-259.43      258.18

35 - 65% Choice     726     64.3     684-885     792   249.49-258.07      255.00

 0 - 35% Choice     159     59.0     921-921     921   241.02-241.02      241.02

DAIRYBRED STEER/HEIFER

Over 80% Choice     423     61.3     680-864     792   245.99-257.39      255.06

65 - 80% Choice     832     61.2     818-890     851   243.00-258.42      253.50

35 - 65% Choice     846     62.2     820-911     858   243.00-256.44      251.77

 0 - 35% Choice      80     61.0     807-929     870   249.30-252.00      251.26





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     449     62.8   1,501-1,501  1,501  165.50-168.00      167.24

65 - 80% Choice   2,110     63.1   1,241-1,547  1,497  161.00-166.90      165.67

35 - 65% Choice   1,456     63.0   1,261-1,512  1,390  164.00-165.50      164.78

 0 - 35% Choice     180     62.8   1,359-1,556  1,488  162.00-165.00      163.87

HEIFER

Over 80% Choice     586     64.1   1,244-1,376  1,318  163.00-166.00      164.45

65 - 80% Choice     317     63.7   1,178-1,388  1,267  165.00-165.50      165.38

35 - 65% Choice     919     62.7   1,171-1,443  1,298  161.00-165.00      163.22

 0 - 35% Choice     192     63.0   1,065-1,214  1,170  164.00-164.50      164.29

MIXED STEER/HEIFER

Over 80% Choice      79     60.0   1,333-1,344  1,339  164.00-165.00      164.56

65 - 80% Choice     171     64.0   1,384-1,445  1,405  159.00-164.00      162.27

35 - 65% Choice      94     62.4   1,475-1,475  1,475  165.00-165.00      165.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  6,553     63.1   1,065-1,556  1,404  159.00-168.00      164.91

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     399     61.3   1,301-1,430  1,391  156.00-156.00      156.00

 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      60     62.7     866-890     875   251.21-254.88      253.66

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     452     62.9     877-1,019   978   258.00-258.50      258.11

HEIFER

Over 80% Choice      16     63.7     890-890     890   254.00-254.00      254.00

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice     556     63.7     839-856     846   258.50-258.50      258.50

MIXED STEER/HEIFER

Over 80% Choice     394     63.5     783-888     836   253.18-258.01      255.28

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  1,478     63.3     783-1,019   885   251.21-258.50      257.28

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      67     63.2     972-972     972   243.85-243.85      243.85

35 - 65% Choice                         -                    -

 0 - 35% Choice     251     58.5     887-1,027   961   238.00-240.88      238.68

DAIRYBRED STEER/HEIFER

Over 80% Choice     290     60.7     801-953     854   243.36-255.43      248.82

65 - 80% Choice      33     60.8     879-879     879   234.77-234.77      234.77

35 - 65% Choice      31     58.3     837-837     837   233.34-233.34      233.34

 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                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     132     69.4   1,327-1,327  1,327  161.00-161.00      161.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                    132     69.4   1,327-1,327  1,327  161.00-161.00      161.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               13,029         846         257.00

 KANSAS                 14,796         851         261.74

 NEBRASKA                7,335         907         260.71

 COLORADO                3,768         909         257.93

 WESTERN CORNBELT        1,680         940         261.26

  TOTAL 5-AREA          40,372         869         259.63

 N.CENTRAL/E.MT            705         886         257.93

 WESTERN STATES          1,572         864         258.49

 EASTERN CORNBELT          204         842         261.35

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS

 NEBRASKA                1,024         905         258.26

 COLORADO

 WESTERN CORNBELT           38         888         258.01

  TOTAL 5-AREA           1,024         905         258.26

 N.CENTRAL/E.MT

 WESTERN STATES

 EASTERN CORNBELT          341         832         255.07

 NORTHEASTERN STATES        75         857         253.56





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

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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