Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO     Tue, Nov 4, 2014    USDA Market News



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

For Primarily Monday, 11/03/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   40,872     40,872      46,085       46,085      48,101       48,101

Live:       4,553      4,553       5,132        5,132       6,496        6,496

Total:     45,425     45,425      51,217       51,217      54,597       54,597



NEGOTIATED GRID NET:

Dressed:    1,816      1,816       2,209        2,209       3,793        3,793

Live:         343        343         119          119       1,356        1,356

Total:      2,159      2,159       2,328        2,328       5,149        5,149





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,887     64.0     704-1,055   926   261.49-290.42      271.69

65 - 80% Choice   2,446     64.0     777-1,010   915   259.83-279.24      268.43

35 - 65% Choice   7,764     64.5     732-1,004   867   260.85-279.25      266.07

 0 - 35% Choice   3,866     63.9     691-1,009   918   255.39-271.91      264.16

HEIFER

Over 80% Choice   3,835     64.1     728-940     843   261.06-291.93      272.79

65 - 80% Choice   4,702     64.4     734-894     802   260.40-277.93      268.96

35 - 65% Choice   6,740     64.7     711-885     824   258.84-273.51      267.80

 0 - 35% Choice   1,755     63.6     707-915     817   254.10-267.35      264.38

MIXED STEER/HEIFER

Over 80% Choice   1,218     62.9     758-893     842   264.90-292.05      276.72

65 - 80% Choice     294     62.8     716-843     781   258.23-270.43      266.10

35 - 65% Choice     127     60.4     637-756     698   255.00-265.19      259.68

 0 - 35% Choice     212     61.9     823-865     847   265.00-265.00      265.00

ALL DRESSED STEERS AND HEIFERS

                 35,846     64.2     637-1,055   857   254.10-292.05      268.15

MIXED STEER/HEIFER/COW

Over 80% Choice     169     62.1     800-800     800   264.80-264.80      264.80

65 - 80% Choice     196     62.3     692-852     802   251.00-270.80      264.08

35 - 65% Choice     898     63.2     740-908     801   249.35-270.02      261.10

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice   1,298     61.8     743-901     838   258.02-267.24      263.34

65 - 80% Choice   1,605     61.7     746-904     844   251.67-266.51      262.04

35 - 65% Choice     700     61.7     790-884     861   247.17-264.03      261.74

 0 - 35% Choice     160     59.4     752-843     795   257.00-257.00      257.00





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     202     64.7   1,483-1,533  1,521  169.25-173.00      172.12

65 - 80% Choice     608     63.3   1,200-1,491  1,406  167.08-172.00      170.61

35 - 65% Choice   1,042     62.7   1,183-1,497  1,394  167.04-171.99      169.46

 0 - 35% Choice     256     63.8   1,185-1,185  1,185  167.05-167.05      167.05

HEIFER

Over 80% Choice     550     62.9   1,211-1,442  1,322  171.00-172.00      171.78

65 - 80% Choice      94     63.0   1,275-1,275  1,275  172.00-172.00      172.00

35 - 65% Choice     417     61.7   1,060-1,303  1,113  166.70-171.50      167.72

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     124     60.7   1,327-1,365  1,337  184.21-184.21      184.21

65 - 80% Choice      36     60.0   1,297-1,297  1,297  170.00-170.00      170.00

35 - 65% Choice      46     63.4   1,306-1,306  1,306  171.50-171.50      171.50

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,375     62.8   1,060-1,533  1,334  166.70-184.21      170.45

MIXED STEER/HEIFER/COW

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     293     63.6   1,103-1,103  1,103  168.28-168.28      168.28

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     194     61.8   1,262-1,410  1,361  160.71-169.88      164.21

65 - 80% Choice                         -                    -

35 - 65% Choice     446     61.7   1,343-1,432  1,373  162.00-169.88      165.04

 0 - 35% Choice     245     62.6   1,321-1,321  1,321  169.88-169.88      169.88





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     274     64.1     808-988     938   258.29-270.10      266.68

65 - 80% Choice     295     63.5     916-956     942   252.34-258.28      255.48

35 - 65% Choice                         -                    -

 0 - 35% Choice     153     61.2     932-939     935   265.00-265.00      265.00

HEIFER

Over 80% Choice      16     63.9     782-782     782   266.24-266.24      266.24

65 - 80% Choice      24     63.4     707-707     707   257.49-257.49      257.49

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     241     62.7     628-894     815   259.27-273.45      267.09

65 - 80% Choice      42     62.1     824-824     824   258.65-258.65      258.65

35 - 65% Choice      52     62.7     738-869     834   254.71-264.53      261.89

 0 - 35% Choice                         -                    -

ALL DRESSED STEERS AND HEIFERS

                  1,097     63.1     628-988     895   252.34-273.45      262.78

MIXED STEER/HEIFER/COW

Over 80% Choice      88     63.5     750-862     798   261.89-266.41      263.84

65 - 80% Choice                         -                    -

35 - 65% Choice      69     62.7     744-953     871   245.53-251.31      249.05

 0 - 35% Choice     324     60.0     875-1,031   938   245.47-251.76      248.49

DAIRYBRED STEER/HEIFER

Over 80% Choice     122     60.4     829-966     852   246.23-253.63      250.81

65 - 80% Choice     116     60.0     768-806     788   247.08-257.59      252.65

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

Over 80% Choice      40     62.2   1,433-1,433  1,433  159.00-159.00      159.00

65 - 80% Choice     164     62.8   1,448-1,448  1,448  160.51-160.51      160.51

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      80     63.1   1,226-1,226  1,226  168.00-168.00      168.00

MIXED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice      20     65.1   1,121-1,121  1,121  159.99-159.99      159.99

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                    304     63.0   1,121-1,448  1,366  159.00-168.00      162.25

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice      39     60.3     928-928     928   159.17-159.17      159.17

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                7,559         832         266.24

 KANSAS                 17,104         842         269.03

 NEBRASKA                4,456         901         270.99

 COLORADO                2,165         899         265.23

 WESTERN CORNBELT        1,731         937         267.89

  TOTAL 5-AREA          32,780         857         268.30

 N.CENTRAL/E.MT          1,578         877         263.31

 WESTERN STATES            934         826         269.86

 EASTERN CORNBELT          319         842         266.70

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM

 KANSAS

 NEBRASKA                  507         949         263.98

 COLORADO

 WESTERN CORNBELT          427         857         261.62

  TOTAL 5-AREA             894         915         262.99

 N.CENTRAL/E.MT             82         816         263.81

 WESTERN STATES

 EASTERN CORNBELT           36         879         258.29

 NORTHEASTERN STATES        45         804         262.00





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

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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