Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Mon, Oct 27, 2014    USDA Market News



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

For Primarily Friday, 10/24/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   31,412    183,720      29,317      183,850      24,017      190,845

Live:       5,330     29,130       9,674       30,545       8,312       44,495

Total:     36,742    212,850      38,991      214,395      32,329      235,340



NEGOTIATED GRID NET:

Dressed:    2,533     12,112       2,783       10,957       3,064       23,118

Live:           0        335          45          290         753        3,845

Total:      2,533     12,447       2,828       11,247       3,817       26,963





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,266     63.2     685-1,053   919   246.95-277.43      259.51

65 - 80% Choice   2,152     64.4     762-985     917   254.46-263.98      258.84

35 - 65% Choice   7,112     64.3     670-1,008   867   247.62-261.81      256.40

 0 - 35% Choice   4,432     63.5     760-1,022   931   240.47-264.00      256.53

HEIFER

Over 80% Choice   1,254     64.1     726-878     808   260.13-267.25      262.56

65 - 80% Choice   3,195     63.9     679-903     832   254.07-263.66      258.96

35 - 65% Choice   2,847     64.4     679-929     795   249.91-262.82      256.75

 0 - 35% Choice   1,101     64.8     664-906     851   253.20-263.02      259.73

MIXED STEER/HEIFER

Over 80% Choice     610     64.0     639-899     830   258.03-266.88      263.12

65 - 80% Choice     295     62.1     734-958     802   253.47-263.90      260.85

35 - 65% Choice     173     62.8     716-866     772   246.80-261.19      255.99

 0 - 35% Choice     558     63.6     695-942     875   252.98-265.00      258.72

ALL DRESSED STEERS AND HEIFERS

                 25,995     64.0     639-1,053   869   240.47-277.43      257.94

MIXED STEER/HEIFER/COW

Over 80% Choice     367     62.9     818-857     825   259.28-268.68      261.31

65 - 80% Choice     293     64.0     690-864     760   253.68-261.27      258.20

35 - 65% Choice   1,291     63.5     701-883     827   242.09-258.24      252.94

 0 - 35% Choice     159     64.2     730-812     784   253.25-254.34      253.62

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,216     61.6     734-905     831   247.20-256.30      254.09

65 - 80% Choice   1,391     61.8     634-919     813   241.11-256.59      251.57

35 - 65% Choice     497     61.9     773-870     838   241.81-253.76      251.66

 0 - 35% Choice     203     60.8     742-965     882   247.85-255.39      251.28





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     855     63.3   1,274-1,550  1,336  166.50-185.19      181.03

65 - 80% Choice      48     60.9   1,353-1,353  1,353  164.00-164.00      164.00

35 - 65% Choice   1,636     63.7   1,213-1,522  1,412  161.00-166.40      165.01

 0 - 35% Choice     390     64.1   1,397-1,534  1,449  164.50-165.00      164.81

HEIFER

Over 80% Choice     395     62.9   1,231-1,372  1,344  179.44-181.16      180.77

65 - 80% Choice     284     63.3   1,209-1,374  1,274  159.00-165.50      164.13

35 - 65% Choice     203     64.0   1,161-1,352  1,241  164.00-165.50      165.11

 0 - 35% Choice     255     63.7   1,300-1,308  1,303  164.50-165.00      164.81

MIXED STEER/HEIFER

Over 80% Choice     405     64.4   1,353-1,532  1,490  163.00-164.00      163.76

65 - 80% Choice     135     62.6   1,289-1,289  1,289  165.50-165.50      165.50

35 - 65% Choice     108     62.6   1,259-1,505  1,382  163.50-164.00      163.75

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,714     63.6   1,161-1,550  1,376  159.00-185.19      169.03

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     195     61.1   1,281-1,329  1,299  155.00-160.00      158.18

35 - 65% Choice     421     60.5   1,384-1,471  1,403  150.00-158.00      154.05

 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      78     60.8     727-808     761   250.37-256.28      253.78

65 - 80% Choice                         -                    -

35 - 65% Choice      84     64.0     821-821     821   256.52-256.52      256.52

 0 - 35% Choice     422     62.7     954-956     955   258.00-258.00      258.00

HEIFER

Over 80% Choice     201     63.5     843-854     849   258.73-265.64      261.65

65 - 80% Choice      55     63.2     776-776     776   264.10-264.10      264.10

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     653     62.7     716-946     831   242.36-265.58      259.49

65 - 80% Choice     221     63.5     806-981     888   250.78-259.59      255.21

35 - 65% Choice      24     64.1     900-900     900   255.00-255.00      255.00

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  1,738     62.9     716-981     866   242.36-265.64      258.52

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     471     63.8     837-856     848   256.00-256.00      256.00

35 - 65% Choice      28     61.9     810-810     810   246.49-246.49      246.49

 0 - 35% Choice      39     58.4   1,016-1,016  1,016  238.00-238.00      238.00

DAIRYBRED STEER/HEIFER

Over 80% Choice     184     60.1     766-869     841   243.35-251.65      247.84

65 - 80% Choice      56     57.4     788-813     798   235.87-237.32      236.85

35 - 65% Choice      17     61.0     832-832     832   235.72-235.72      235.72

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - LIVE BASIS

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM               10,177         827         256.42

 KANSAS                  2,877         841         261.57

 NEBRASKA                3,595         897         257.73

 COLORADO                5,679         904         258.01

 WESTERN CORNBELT        2,004         964         259.20

  TOTAL 5-AREA          24,177         868         257.79

 N.CENTRAL/E.MT            168         935         262.49

 WESTERN STATES          1,254         864         260.39

 EASTERN CORNBELT          204         931         255.62

 NORTHEASTERN STATES        37         871         246.95





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   55         776         264.10

 KANSAS                     29         796         265.58

 NEBRASKA                  632         904         258.59

 COLORADO

 WESTERN CORNBELT          210         832         259.75

  TOTAL 5-AREA             911         878         259.38

 N.CENTRAL/E.MT            433         887         258.85

 WESTERN STATES

 EASTERN CORNBELT          305         821         257.24

 NORTHEASTERN STATES        74         798         250.82





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

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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