Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Tue, Oct 28, 2014    USDA Market News



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

For Primarily Monday, 10/27/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   45,904     45,904      47,857       47,857      44,591       44,591

Live:       4,982      4,982       6,952        6,952       7,961        7,961

Total:     50,886     50,886      54,809       54,809      52,552       52,552



NEGOTIATED GRID NET:

Dressed:    2,209      2,209       2,250        2,250       3,136        3,136

Live:         119        119           0            0       1,157        1,157

Total:      2,328      2,328       2,250        2,250       4,293        4,293





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,441     63.6     760-1,028   904   257.97-301.34      266.96

65 - 80% Choice   2,937     64.1     730-1,053   885   253.91-264.22      258.49

35 - 65% Choice   8,236     64.4     703-986     898   250.44-262.06      258.62

 0 - 35% Choice   3,502     63.1     798-1,026   933   252.00-266.64      262.05

HEIFER

Over 80% Choice   4,149     63.7     668-942     821   257.78-284.57      265.85

65 - 80% Choice   5,686     64.1     724-924     821   252.54-265.01      260.27

35 - 65% Choice   8,918     64.6     720-888     807   253.53-268.31      259.47

 0 - 35% Choice     512     64.6     781-905     817   265.64-265.64      265.64

MIXED STEER/HEIFER

Over 80% Choice     877     64.2     720-994     829   259.47-284.75      270.76

65 - 80% Choice     885     62.7     755-926     838   256.33-265.39      261.02

35 - 65% Choice     312     63.7     765-865     816   256.32-260.61      258.23

 0 - 35% Choice      30     62.9     767-767     767   265.64-265.64      265.64

ALL DRESSED STEERS AND HEIFERS

                 39,485     64.1     668-1,053   856   250.44-301.34      261.25

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice     162     62.5     720-826     765   255.43-258.47      257.18

35 - 65% Choice     569     63.0     824-924     868   236.11-257.45      251.36

 0 - 35% Choice     165     61.6   1,136-1,136  1,136  240.88-240.88      240.88

DAIRYBRED STEER/HEIFER

Over 80% Choice   2,719     61.8     743-943     832   249.14-261.26      254.76

65 - 80% Choice   1,213     62.2     756-896     848   246.12-254.54      251.64

35 - 65% Choice   1,441     62.2     775-894     850   236.07-255.48      250.27

 0 - 35% Choice     150     61.0     869-869     869   257.30-257.30      257.30





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     368     62.7   1,324-1,593  1,560  163.00-165.50      163.61

65 - 80% Choice     652     62.6   1,423-1,496  1,466  165.00-166.40      165.67

35 - 65% Choice   1,310     63.0   1,118-1,649  1,413  156.00-165.50      164.06

 0 - 35% Choice      95     61.7   1,360-1,562  1,458  158.00-162.00      160.06

HEIFER

Over 80% Choice     667     63.6   1,187-1,351  1,331  164.00-166.40      165.84

65 - 80% Choice     512     63.5   1,230-1,376  1,297  163.91-166.25      165.50

35 - 65% Choice     620     64.3   1,129-1,256  1,184  162.00-165.50      164.53

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     384     62.0   1,300-1,350  1,323  163.00-184.61      173.12

65 - 80% Choice                         -                    -

35 - 65% Choice      15     64.5   1,206-1,206  1,206  164.00-164.00      164.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  4,623     63.1   1,118-1,649  1,369  156.00-184.61      165.40

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     342     62.9   1,341-1,341  1,341  163.96-163.96      163.96

65 - 80% Choice      17     61.2   1,262-1,262  1,262  155.96-155.96      155.96

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     144     63.2     789-932     904   249.25-260.68      256.39

65 - 80% Choice     177     62.5     730-897     850   251.84-256.00      254.61

35 - 65% Choice     134     64.5     800-899     882   245.01-265.00      260.40

 0 - 35% Choice      16     63.6     834-834     834   255.26-255.26      255.26

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     133     62.2     743-855     781   260.22-262.11      261.47

35 - 65% Choice     148     64.9     784-784     784   257.94-257.94      257.94

 0 - 35% Choice     378     63.6     830-895     869   257.00-257.00      257.00

MIXED STEER/HEIFER

Over 80% Choice      74     63.7     719-851     789   250.03-263.26      257.17

65 - 80% Choice      19     63.4     836-836     836   256.91-256.91      256.91

35 - 65% Choice      15     60.8     773-773     773   250.80-250.80      250.80

 0 - 35% Choice     154     64.2     808-808     808   257.00-257.00      257.00

ALL DRESSED STEERS AND HEIFERS

                  1,392     63.5     719-932     841   245.01-265.00      257.41

MIXED STEER/HEIFER/COW

Over 80% Choice      52     62.2     756-780     773   255.03-257.48      256.77

65 - 80% Choice     107     63.5     821-821     821   256.00-256.00      256.00

35 - 65% Choice     125     61.3     734-784     766   252.72-258.00      254.62

 0 - 35% Choice     183     59.1     887-1,011   947   238.00-241.55      240.04

DAIRYBRED STEER/HEIFER

Over 80% Choice     310     61.2     754-895     865   246.11-254.47      247.58

65 - 80% Choice      40     62.0     787-802     795   248.71-251.77      250.16

35 - 65% Choice                         -                    -

 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      76     61.9   1,343-1,343  1,343  162.56-162.56      162.56

65 - 80% Choice      43     64.9   1,218-1,218  1,218  159.14-159.14      159.14

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    119     63.0   1,218-1,343  1,298  159.14-162.56      161.32

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                9,774         833         258.53

 KANSAS                 17,539         841         261.51

 NEBRASKA                6,523         905         262.93

 COLORADO                  621         896         261.86

 WESTERN CORNBELT        1,931         953         264.25

  TOTAL 5-AREA          36,166         858         261.10

 N.CENTRAL/E.MT          1,003         848         266.00

 WESTERN STATES          1,960         840         261.07

 EASTERN CORNBELT          134         754         263.56

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  249         831         260.80

 KANSAS

 NEBRASKA                  697         840         257.61

 COLORADO

 WESTERN CORNBELT           12         719         250.03

  TOTAL 5-AREA             958         836         258.34

 N.CENTRAL/E.MT            133         855         258.09

 WESTERN STATES

 EASTERN CORNBELT           58         826         255.10

 NORTHEASTERN STATES       139         841         251.04





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

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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