Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, Oct 23, 2014    USDA Market News



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

For Primarily Wednesday, 10/22/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   25,754    113,977      30,860      116,144      32,358      134,268

Live:       5,662     18,141       3,914       16,270       7,415       25,403

Total:     31,416    132,118      34,774      132,414      39,773      159,671



NEGOTIATED GRID NET:

Dressed:    2,953      7,285       1,968        6,881       5,232       14,764

Live:          46        267          41          215         723        2,127

Total:      2,999      7,552       2,009        7,096       5,955       16,891





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,686     64.0     699-1,057   956   254.08-273.35      259.77

65 - 80% Choice   2,452     64.0     823-1,016   919   253.07-263.59      259.86

35 - 65% Choice   4,240     64.0     687-966     887   251.52-261.54      258.30

 0 - 35% Choice   3,344     63.3     748-1,039   916   250.24-259.35      256.94

HEIFER

Over 80% Choice   1,752     64.2     745-921     837   257.78-287.29      273.62

65 - 80% Choice   2,153     64.1     713-867     813   254.15-263.92      258.38

35 - 65% Choice   1,935     64.6     713-893     783   253.73-261.33      257.85

 0 - 35% Choice   1,235     64.0     793-934     849   254.85-259.85      257.81

MIXED STEER/HEIFER

Over 80% Choice     545     63.0     691-947     828   257.31-289.00      264.52

65 - 80% Choice     243     62.6     790-895     845   255.00-263.09      259.63

35 - 65% Choice     222     63.0     692-911     811   250.86-262.51      255.45

 0 - 35% Choice     841     62.1     723-867     783   242.38-257.55      253.00

ALL DRESSED STEERS AND HEIFERS

                 21,648     63.9     687-1,057   874   242.38-289.00      259.56

MIXED STEER/HEIFER/COW

Over 80% Choice     456     63.9     807-853     828   256.45-258.66      257.76

65 - 80% Choice   1,119     64.4     736-932     825   247.00-259.72      256.94

35 - 65% Choice   1,016     64.9     776-951     840   247.92-259.67      255.83

 0 - 35% Choice      72     63.5     869-869     869   248.50-248.50      248.50

DAIRYBRED STEER/HEIFER

Over 80% Choice     449     60.8     838-932     894   252.17-259.00      255.00

65 - 80% Choice     348     62.0     821-899     854   244.96-259.64      255.81

35 - 65% Choice     544     61.5     762-885     822   248.17-256.17      253.15

 0 - 35% Choice     102     61.8     841-841     841   256.20-256.20      256.20





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,104     63.3   1,296-1,556  1,392  164.50-187.14      176.72

65 - 80% Choice   1,126     63.5   1,235-1,645  1,464  163.91-166.00      165.14

35 - 65% Choice     928     64.0   1,225-1,561  1,464  159.00-165.00      163.72

 0 - 35% Choice      75     62.0   1,295-1,295  1,295  165.50-165.50      165.50

HEIFER

Over 80% Choice     717     63.1   1,190-1,494  1,364  163.74-191.32      175.03

65 - 80% Choice     387     67.5   1,241-1,293  1,258  160.00-160.50      160.34

35 - 65% Choice   1,104     63.1   1,120-1,346  1,250  162.50-165.75      164.70

 0 - 35% Choice     113     63.3   1,236-1,236  1,236  165.00-165.00      165.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                  5,554     63.7   1,120-1,645  1,373  159.00-191.32      168.06

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     108     61.7   1,367-1,367  1,367  158.00-158.00      158.00

35 - 65% Choice                         -                    -

 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      61     63.0     881-897     887   258.67-259.46      259.19

65 - 80% Choice      53     64.1     761-847     779   253.20-256.74      253.93

35 - 65% Choice      27     60.9     809-809     809   255.78-255.78      255.78

 0 - 35% Choice     156     64.3     897-904     903   258.50-258.50      258.50

HEIFER

Over 80% Choice     245     62.9     726-898     860   254.39-261.86      259.13

65 - 80% Choice     187     64.0     809-833     831   243.81-250.42      244.38

35 - 65% Choice     176     64.8     861-861     861   256.00-256.00      256.00

 0 - 35% Choice     894     64.2     797-904     872   258.00-258.00      258.00

MIXED STEER/HEIFER

Over 80% Choice     290     62.9     758-836     809   249.45-263.93      255.22

65 - 80% Choice     115     63.2     753-877     830   250.57-258.42      254.41

35 - 65% Choice     122     60.5     666-819     748   241.22-254.31      251.04

 0 - 35% Choice      66     63.1     683-833     767   237.89-245.59      242.21

ALL DRESSED STEERS AND HEIFERS

                  2,392     63.6     666-904     847   237.89-263.93      255.55

MIXED STEER/HEIFER/COW

Over 80% Choice      93     61.9     795-795     795   258.63-258.63      258.63

65 - 80% Choice      37     62.0     757-757     757   255.85-255.85      255.85

35 - 65% Choice      73     61.5     797-833     818   243.31-246.64      245.43

 0 - 35% Choice      36     59.8     988-988     988   241.25-241.25      241.25

DAIRYBRED STEER/HEIFER

Over 80% Choice     106     59.4     833-863     852   244.27-250.09      247.66

65 - 80% Choice     172     60.6     793-878     842   243.78-246.00      245.02

35 - 65% Choice      31     60.4     774-774     774   244.37-244.37      244.37

 0 - 35% Choice      13     54.7     792-792     792   236.38-236.38      236.38





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      46     62.5   1,100-1,100  1,100  162.41-162.41      162.41

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                     46     62.5   1,100-1,100  1,100  162.41-162.41      162.41

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                8,607         850         257.20

 KANSAS                  1,761         869         260.50

 NEBRASKA                5,686         912         262.63

 COLORADO                  160         982         258.56

 WESTERN CORNBELT        1,748         957         259.45

  TOTAL 5-AREA          17,962         883         259.47

 N.CENTRAL/E.MT            546         889         263.18

 WESTERN STATES          2,935         816         259.31

 EASTERN CORNBELT          185         859         259.96

 NORTHEASTERN STATES        20         840         274.87





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   66         767         242.21

 KANSAS

 NEBRASKA                1,487         872         257.60

 COLORADO

 WESTERN CORNBELT          584         807         252.39

  TOTAL 5-AREA           2,137         851         255.70

 N.CENTRAL/E.MT             21         897         258.67

 WESTERN STATES

 EASTERN CORNBELT          143         785         252.44

 NORTHEASTERN STATES        91         847         256.23





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

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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