Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Mon, Nov 3, 2014    USDA Market News



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

For Primarily Friday, 10/31/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   28,487    161,964      31,412      183,720      22,590      187,325

Live:       4,243     24,564       5,330       29,130       4,536       33,470

Total:     32,730    186,528      36,742      212,850      27,126      220,795



NEGOTIATED GRID NET:

Dressed:    2,066     12,030       2,533       12,112       2,387       21,004

Live:         448      1,578           0          335          33        4,451

Total:      2,514     13,608       2,533       12,447       2,420       25,455





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   1,834     63.8     805-1,046   967   258.49-272.09      265.89

65 - 80% Choice   3,740     64.5     774-1,030   889   256.44-272.02      265.97

35 - 65% Choice   4,782     64.5     696-977     889   258.88-269.76      264.62

 0 - 35% Choice   3,928     64.2     737-1,014   948   250.01-274.69      264.45

HEIFER

Over 80% Choice     665     63.0     687-880     809   262.56-273.99      269.71

65 - 80% Choice   1,188     64.1     679-910     830   266.19-272.87      268.26

35 - 65% Choice   1,582     64.3     711-878     786   256.20-270.40      266.19

 0 - 35% Choice   1,794     63.9     679-925     829   255.51-268.44      264.25

MIXED STEER/HEIFER

Over 80% Choice     909     63.3     713-942     828   265.00-273.54      270.77

65 - 80% Choice     732     63.8     793-923     848   264.14-272.92      270.07

35 - 65% Choice     598     63.3     707-918     764   250.42-263.87      257.46

 0 - 35% Choice   1,516     63.9     667-1,036   884   243.81-265.80      257.61

ALL DRESSED STEERS AND HEIFERS

                 23,268     64.1     667-1,046   881   243.81-274.69      265.09

MIXED STEER/HEIFER/COW

Over 80% Choice     250     63.7     828-874     866   266.52-267.13      267.02

65 - 80% Choice     694     63.9     747-900     872   256.66-266.19      262.67

35 - 65% Choice   1,107     64.1     701-964     809   241.09-269.18      264.11

 0 - 35% Choice     368     63.1     835-927     855   234.81-264.44      255.85

DAIRYBRED STEER/HEIFER

Over 80% Choice     504     61.9     756-901     819   257.33-263.52      262.71

65 - 80% Choice     903     62.1     743-923     840   255.24-263.85      260.16

35 - 65% Choice     721     61.6     782-911     853   256.28-265.82      262.52

 0 - 35% Choice     672     61.8     789-928     869   259.00-263.70      262.26





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     149     63.3   1,540-1,652  1,588  165.00-170.07      167.18

65 - 80% Choice   1,205     63.4   1,423-1,649  1,513  169.07-172.00      171.19

35 - 65% Choice     726     63.4   1,241-1,461  1,342  167.18-171.99      169.32

 0 - 35% Choice     159     62.1   1,380-1,404  1,395  165.00-172.00      167.51

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice     195     62.8   1,160-1,422  1,207  172.00-172.00      172.00

35 - 65% Choice     216     63.2   1,208-1,296  1,270  170.00-172.00      170.60

 0 - 35% Choice     272     62.0   1,153-1,153  1,153  170.00-170.00      170.00

MIXED STEER/HEIFER

Over 80% Choice      43     63.8   1,418-1,418  1,418  163.90-163.90      163.90

65 - 80% Choice     434     60.3   1,251-1,454  1,285  163.14-172.00      166.68

35 - 65% Choice     123     62.9   1,392-1,392  1,392  172.00-172.00      172.00

 0 - 35% Choice     156     62.6   1,644-1,644  1,644  164.50-164.50      164.50

ALL LIVE STEERS AND HEIFERS

                  3,678     62.8   1,153-1,652  1,393  163.14-172.00      169.55

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      13     60.8   1,462-1,462  1,462  161.88-161.88      161.88

65 - 80% Choice     358     61.4   1,320-1,414  1,386  156.49-169.88      158.05

35 - 65% Choice     194     59.4   1,379-1,426  1,414  154.87-158.80      155.86

 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     256     63.2     812-916     875   247.14-266.21      262.16

65 - 80% Choice     114     63.6     856-929     906   253.31-257.34      256.07

35 - 65% Choice     406     63.2     900-909     902   263.00-264.71      263.41

 0 - 35% Choice     273     64.8     860-922     889   262.77-265.00      264.28

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      44     62.9     819-819     819   258.47-258.47      258.47

35 - 65% Choice     190     64.8     760-823     792   264.99-267.95      266.44

 0 - 35% Choice      58     65.2     796-796     796   265.00-265.00      265.00

MIXED STEER/HEIFER

Over 80% Choice      47     61.9     825-830     826   259.91-262.63      261.99

65 - 80% Choice      32     63.3     810-810     810   253.99-253.99      253.99

35 - 65% Choice     117     62.2     809-875     854   245.98-251.61      249.83

 0 - 35% Choice     107     62.6     769-835     788   246.25-265.00      253.65

ALL DRESSED STEERS AND HEIFERS

                  1,644     63.6     760-929     862   245.98-267.95      261.30

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice      44     63.3     803-803     803   251.00-251.00      251.00

35 - 65% Choice      38     61.4     966-966     966   230.40-230.40      230.40

 0 - 35% Choice      39     59.4   1,030-1,030  1,030  245.49-245.49      245.49

DAIRYBRED STEER/HEIFER

Over 80% Choice     155     59.3     770-902     837   249.75-260.86      254.91

65 - 80% Choice      74     61.4     846-955     904   243.13-261.79      251.70

35 - 65% Choice      72     63.4     856-856     856   249.34-249.34      249.34

 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

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      41     62.9   1,182-1,182  1,182  164.00-164.00      164.00

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      35     62.3   1,262-1,262  1,262  161.83-161.83      161.83

35 - 65% Choice     156     61.9   1,324-1,324  1,324  165.00-165.00      165.00

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    232     62.1   1,182-1,324  1,290  161.83-165.00      164.35

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      40     59.7   1,338-1,338  1,338  150.46-150.46      150.46

 0 - 35% Choice     176     61.1   1,225-1,225  1,225  152.87-152.87      152.87





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                8,913         834         263.22

 KANSAS                  1,596         863         266.74

 NEBRASKA                4,614         891         267.32

 COLORADO                3,500         919         265.28

 WESTERN CORNBELT        2,345       1,004         266.11

  TOTAL 5-AREA          20,968         882         265.06

 N.CENTRAL/E.MT            532         854         262.26

 WESTERN STATES          1,455         869         267.71

 EASTERN CORNBELT          313         894         259.72

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  490         825         261.19

 KANSAS

 NEBRASKA                  883         891         262.65

 COLORADO

 WESTERN CORNBELT           68         850         255.34

  TOTAL 5-AREA           1,441         867         261.81

 N.CENTRAL/E.MT             73         825         261.06

 WESTERN STATES

 EASTERN CORNBELT           79         834         254.50

 NORTHEASTERN STATES        51         834         257.82





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

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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