Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Fri, Oct 24, 2014    USDA Market News



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

For Primarily Thursday, 10/23/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   38,255    152,232      38,389      154,533      32,560      166,828

Live:       5,186     23,377       4,601       20,871      10,780       36,183

Total:     43,441    175,609      42,990      175,404      43,340      203,011



NEGOTIATED GRID NET:

Dressed:    2,260      9,545       1,293        8,174       5,290       20,054

Live:         200        335          30          245         965        3,092

Total:      2,460      9,880       1,323        8,419       6,255       23,146





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   4,709     64.3     717-1,053   946   252.20-282.59      262.26

65 - 80% Choice   5,039     64.8     829-1,034   964   251.14-264.88      258.89

35 - 65% Choice   6,703     64.3     755-1,057   905   251.18-269.54      258.72

 0 - 35% Choice   4,277     63.6     783-1,031   920   238.21-286.75      263.02

HEIFER

Over 80% Choice   1,403     63.3     764-889     815   259.55-277.85      264.14

65 - 80% Choice   3,290     64.1     719-879     816   255.85-264.51      260.74

35 - 65% Choice   3,711     64.1     719-913     801   252.48-261.51      258.33

 0 - 35% Choice     702     64.5     826-940     838   257.00-258.35      257.83

MIXED STEER/HEIFER

Over 80% Choice   1,057     62.4     729-921     836   254.27-277.85      270.10

65 - 80% Choice     304     62.2     779-964     876   252.82-263.00      256.78

35 - 65% Choice      44     64.1     793-880     823   249.13-250.82      250.24

 0 - 35% Choice   1,775     63.2     725-975     844   240.60-279.47      261.94

ALL DRESSED STEERS AND HEIFERS

                 33,014     64.1     717-1,057   890   238.21-286.75      260.68

MIXED STEER/HEIFER/COW

Over 80% Choice     305     63.2     793-899     823   259.67-263.83      261.69

65 - 80% Choice   1,033     64.2     720-828     783   252.78-264.51      261.37

35 - 65% Choice   2,036     63.8     641-912     839   246.62-261.75      256.54

 0 - 35% Choice      57     57.2     715-776     760   236.62-257.81      242.20

DAIRYBRED STEER/HEIFER

Over 80% Choice      34     60.5     876-876     876   259.25-259.25      259.25

65 - 80% Choice     618     61.0     822-897     856   246.60-255.23      252.94

35 - 65% Choice     945     61.6     762-917     838   246.36-258.03      253.02

 0 - 35% Choice     213     60.0     770-887     850   247.00-252.54      249.55





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     267     64.0   1,560-1,676  1,588  165.50-167.00      166.64

65 - 80% Choice     707     62.5   1,342-1,542  1,481  165.00-166.40      165.62

35 - 65% Choice   1,631     63.2   1,147-1,474  1,344  160.95-165.50      164.21

 0 - 35% Choice      59     63.3   1,389-1,389  1,389  164.00-164.00      164.00

HEIFER

Over 80% Choice     305     63.7   1,170-1,342  1,303  164.24-182.80      168.02

65 - 80% Choice     108     62.2   1,297-1,308  1,304  164.00-165.00      164.59

35 - 65% Choice     720     64.1   1,094-1,259  1,203  164.00-165.50      164.49

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     604     62.0   1,322-1,381  1,351  163.00-181.00      168.45

65 - 80% Choice                         -                    -

35 - 65% Choice     206     62.7   1,133-1,408  1,235  164.00-164.00      164.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,607     63.1   1,094-1,676  1,350  160.95-182.80      165.42

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      84     63.0   1,221-1,221  1,221  164.00-164.00      164.00

 0 - 35% Choice     123     63.2   1,178-1,404  1,286  164.00-164.00      164.00

DAIRYBRED STEER/HEIFER

Over 80% Choice      69     61.5   1,358-1,358  1,358  151.76-151.76      151.76

65 - 80% Choice     102     60.8   1,357-1,357  1,357  151.76-151.76      151.76

35 - 65% Choice     201     61.7   1,289-1,303  1,298  153.00-158.00      156.13

 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     272     62.9     824-946     856   259.13-260.53      259.81

65 - 80% Choice      60     66.2     952-952     952   258.00-258.00      258.00

35 - 65% Choice     128     64.8     729-953     906   234.93-258.00      256.02

 0 - 35% Choice     434     62.5     770-974     948   248.43-258.00      257.48

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     129     63.9     829-829     829   260.77-260.77      260.77

35 - 65% Choice      48     63.4     758-758     758   258.00-258.00      258.00

 0 - 35% Choice     320     64.2     899-929     918   258.00-258.00      258.00

MIXED STEER/HEIFER

Over 80% Choice     204     63.1     760-878     816   247.14-263.38      255.94

65 - 80% Choice     134     62.4     773-869     838   247.98-260.46      250.83

35 - 65% Choice     188     62.6     709-918     846   239.66-257.18      249.87

 0 - 35% Choice      40     62.6     778-778     778   247.61-247.61      247.61

ALL DRESSED STEERS AND HEIFERS

                  1,957     63.3     709-974     881   234.93-263.38      256.49

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      61     62.8     870-883     879   238.66-252.00      248.06

 0 - 35% Choice      76     58.3     892-897     895   239.99-241.40      240.70

DAIRYBRED STEER/HEIFER

Over 80% Choice      94     60.0     847-878     864   245.22-251.69      248.74

65 - 80% Choice      32     58.5     777-803     794   242.32-245.55      243.43

35 - 65% Choice      40     61.2     784-784     784   242.88-242.88      242.88

 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

Over 80% Choice                         -                    -

65 - 80% Choice      80     62.6   1,234-1,234  1,234  165.50-165.50      165.50

35 - 65% Choice     120     63.6   1,160-1,354  1,220  161.40-165.00      163.89

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    200     63.2   1,160-1,354  1,226  161.40-165.50      164.53

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                8,591         824         258.06

 KANSAS                  4,359         853         262.53

 NEBRASKA               11,578         955         258.87

 COLORADO                3,458         906         267.76

 WESTERN CORNBELT        1,808         938         261.00

  TOTAL 5-AREA          29,756         896         260.34

 N.CENTRAL/E.MT          1,262         871         270.89

 WESTERN STATES          1,756         805         259.50

 EASTERN CORNBELT          202         874         259.12

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   40         778         247.61

 KANSAS                     15         770         248.43

 NEBRASKA                  774         916         258.46

 COLORADO

 WESTERN CORNBELT          485         848         257.67

  TOTAL 5-AREA           1,296         885         257.75

 N.CENTRAL/E.MT            312         930         258.43

 WESTERN STATES

 EASTERN CORNBELT          241         828         251.62

 NORTHEASTERN STATES        70         779         245.51





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

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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