Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Thu, Oct 30, 2014    USDA Market News



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

For Primarily Wednesday, 10/29/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   28,297    100,534      25,794      114,053      43,102      133,204

Live:       6,048     16,123       5,712       18,191       5,372       22,562

Total:     34,345    116,657      31,506      132,244      48,474      155,766



NEGOTIATED GRID NET:

Dressed:    1,709      7,823       2,953        7,319       8,550       15,755

Live:         847      1,130          46          135         103        2,748

Total:      2,556      8,953       2,999        7,454       8,653       18,503





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   3,280     63.9     809-1,052   956   254.31-293.44      265.36

65 - 80% Choice   2,105     64.2     776-1,049   935   255.25-273.10      263.30

35 - 65% Choice   3,904     64.4     691-997     892   249.40-271.05      264.50

 0 - 35% Choice   5,398     63.9     790-1,026   935   247.63-285.44      267.76

HEIFER

Over 80% Choice   1,539     63.4     765-931     827   260.44-292.41      271.03

65 - 80% Choice   2,270     64.1     763-901     810   254.87-273.45      263.59

35 - 65% Choice   1,354     64.5     720-887     810   251.54-292.50      263.84

 0 - 35% Choice     766     64.1     771-877     831   265.00-285.91      272.97

MIXED STEER/HEIFER

Over 80% Choice   1,942     63.4     726-955     845   257.66-294.49      268.12

65 - 80% Choice     677     63.3     710-936     850   243.63-267.05      260.90

35 - 65% Choice     252     62.6     754-876     815   251.70-267.78      258.87

 0 - 35% Choice     691     62.4     725-910     817   246.47-265.80      260.94

ALL DRESSED STEERS AND HEIFERS

                 24,178     63.9     691-1,052   888   243.63-294.49      265.83

MIXED STEER/HEIFER/COW

Over 80% Choice     325     63.2     838-892     859   262.58-267.56      265.58

65 - 80% Choice   1,251     63.8     761-898     830   251.20-272.11      261.60

35 - 65% Choice     670     63.5     652-901     819   239.11-267.83      258.60

 0 - 35% Choice     128     62.4     814-863     848   251.69-263.11      259.72

DAIRYBRED STEER/HEIFER

Over 80% Choice     212     61.3     775-915     875   255.40-267.24      263.05

65 - 80% Choice     582     60.7     761-920     850   253.54-266.69      256.98

35 - 65% Choice     790     61.8     631-879     850   252.00-262.85      255.84

 0 - 35% Choice     161     61.0     787-832     816   247.74-257.94      254.39





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     995     63.2   1,150-1,645  1,448  164.70-198.26      181.03

65 - 80% Choice     596     63.7   1,232-1,459  1,353  170.00-194.35      173.95

35 - 65% Choice   1,929     63.3   1,286-1,528  1,413  165.00-172.00      170.91

 0 - 35% Choice     205     61.6   1,250-1,321  1,283  165.00-172.00      170.80

HEIFER

Over 80% Choice     357     62.9   1,140-1,329  1,275  170.00-192.57      187.03

65 - 80% Choice     329     62.9   1,251-1,537  1,369  164.50-172.00      169.22

35 - 65% Choice     930     63.3   1,154-1,417  1,232  169.00-172.00      171.10

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     235     64.0   1,290-1,290  1,290  173.00-173.00      173.00

65 - 80% Choice                         -                    -

35 - 65% Choice     142     62.0   1,212-1,275  1,249  170.00-171.00      170.41

 0 - 35% Choice      78     62.1   1,238-1,238  1,238  172.00-172.00      172.00

ALL LIVE STEERS AND HEIFERS

                  5,796     63.2   1,140-1,645  1,357  164.50-198.26      173.97

MIXED STEER/HEIFER/COW

Over 80% Choice     107     64.4   1,529-1,529  1,529  164.70-164.70      164.70

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice      43     59.8   1,456-1,456  1,456  159.70-159.70      159.70

65 - 80% Choice                         -                    -

35 - 65% Choice     102     60.7   1,270-1,353  1,312  158.80-158.80      158.80

 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     225     63.0     699-953     858   253.41-267.22      260.37

65 - 80% Choice      88     60.1     723-738     731   249.86-255.87      252.73

35 - 65% Choice                         -                    -

 0 - 35% Choice     195     62.4     975-975     975   258.00-258.00      258.00

HEIFER

Over 80% Choice      44     62.5     786-786     786   263.49-263.49      263.49

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      96     64.5     760-760     760   257.00-257.00      257.00

MIXED STEER/HEIFER

Over 80% Choice     164     63.0     756-923     830   254.70-268.83      261.75

65 - 80% Choice      43     63.1     725-842     781   256.66-262.93      259.38

35 - 65% Choice      11     61.3     663-663     663   245.10-245.10      245.10

 0 - 35% Choice     118     63.5     849-939     895   244.73-257.00      252.94

ALL DRESSED STEERS AND HEIFERS

                    984     62.8     663-975     851   244.73-268.83      258.15

MIXED STEER/HEIFER/COW

Over 80% Choice      96     62.4     795-864     851   253.68-254.00      253.74

65 - 80% Choice      73     64.9     888-888     888   246.42-246.42      246.42

35 - 65% Choice      74     59.6     831-831     831   250.06-250.06      250.06

 0 - 35% Choice     179     59.3     879-969     950   238.94-241.68      241.10

DAIRYBRED STEER/HEIFER

Over 80% Choice     209     60.7     732-1,049   884   245.30-254.49      251.88

65 - 80% Choice      70     60.9     801-811     806   251.34-253.00      252.17

35 - 65% Choice      13     58.1     821-821     821   248.29-248.29      248.29

 0 - 35% Choice      11     62.7     781-781     781   227.01-227.01      227.01





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     178     63.0   1,099-1,113  1,106  164.00-164.00      164.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     580     62.2   1,082-1,394  1,236  164.00-165.50      164.97

 0 - 35% Choice      16     63.4   1,205-1,205  1,205  165.50-165.50      165.50

ALL LIVE STEERS AND HEIFERS

                    774     62.4   1,082-1,394  1,205  164.00-165.50      164.76

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      73     61.4   1,291-1,291  1,291  156.00-156.00      156.00

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                7,965         854         264.43

 KANSAS                    860         900         267.43

 NEBRASKA                6,983         913         265.97

 COLORADO                2,644         916         271.58

 WESTERN CORNBELT        2,294         961         264.43

  TOTAL 5-AREA          20,728         895         265.97

 N.CENTRAL/E.MT            337         842         264.40

 WESTERN STATES          2,659         841         265.40

 EASTERN CORNBELT          436         854         262.26

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                   39         849         244.73

 KANSAS

 NEBRASKA                  195         836         258.78

 COLORADO

 WESTERN CORNBELT          181         834         259.60

  TOTAL 5-AREA             415         837         257.82

 N.CENTRAL/E.MT            319         936         259.32

 WESTERN STATES

 EASTERN CORNBELT          208         776         257.49

 NORTHEASTERN STATES        42         723         255.87





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

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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