Direct Slaughter Cattle - Formulated Purchases - Summary

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LM_CT109
St. Joseph, MO    Fri, Apr 11, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday, 04/10/2014

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   23,610    164,446      25,519      152,454      29,010      161,388
Live:       4,811     28,701       8,426       26,126       6,251       28,966
Total:     28,421    193,147      33,945      178,580      35,261      190,354

NEGOTIATED GRID NET:
Dressed:    4,463     13,705       2,250       11,458       5,792       20,296
Live:         531      2,199           0        1,743       1,003        2,554
Total:      4,994     15,904       2,250       13,201       6,795       22,850


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     595     63.4     608-917     852   216.98-267.51      239.49
65 - 80% Choice   2,294     65.1     787-1,071   943   219.48-245.34      235.76
35 - 65% Choice   6,692     64.7     725-941     845   225.25-240.82      232.62
 0 - 35% Choice     787     65.6     832-849     843   230.50-234.06      232.95
HEIFER
Over 80% Choice     137     64.5     758-961     782   233.98-241.93      238.50
65 - 80% Choice   1,734     64.2     694-920     770   227.25-242.12      236.65
35 - 65% Choice   2,296     63.9     680-909     765   218.29-237.76      234.13
 0 - 35% Choice     169     57.8     681-886     788   216.66-220.07      218.29
MIXED STEER/HEIFER
Over 80% Choice     595     62.7     717-912     835   221.07-247.69      240.44
65 - 80% Choice     423     62.1     675-838     761   226.14-238.87      235.17
35 - 65% Choice     655     63.6     732-868     790   230.18-238.66      235.14
 0 - 35% Choice     489     60.6     704-710     707   233.06-234.10      233.71
ALL DRESSED STEERS AND HEIFERS
                 16,866     64.2     608-1,071   830   216.66-267.51      234.30
MIXED STEER/HEIFER/COW
Over 80% Choice     393     63.4     795-880     831   244.74-247.71      245.66
65 - 80% Choice     652     63.9     668-939     832   233.59-241.67      237.47
35 - 65% Choice   1,439     63.5     627-887     793   218.66-238.00      234.11
 0 - 35% Choice     497     58.6     759-1,004   898   210.05-218.38      215.83
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,498     61.4     735-947     849   226.50-235.72      230.68
65 - 80% Choice     820     60.8     732-916     837   218.81-234.53      227.04
35 - 65% Choice   1,445     61.7     785-887     854   213.79-233.15      227.26
 0 - 35% Choice                         -                    -


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     554     62.6   1,258-1,521  1,403  149.00-152.40      150.83
65 - 80% Choice     569     63.1   1,382-1,540  1,437  149.00-152.34      150.08
35 - 65% Choice   2,100     62.7   1,152-1,463  1,272  148.00-150.50      148.61
 0 - 35% Choice      56     59.8   1,349-1,349  1,349  145.00-145.00      145.00
HEIFER
Over 80% Choice     148     63.2   1,047-1,267  1,179  145.00-149.50      146.56
65 - 80% Choice     321     63.2   1,120-1,241  1,145  147.00-148.50      148.19
35 - 65% Choice     177     62.5   1,120-1,122  1,121  148.00-148.00      148.00
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice     200     60.0   1,124-1,124  1,124  163.00-163.00      163.00
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  4,125     62.6   1,047-1,540  1,286  145.00-163.00      149.63
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      36     59.8   1,307-1,307  1,307  140.49-140.49      140.49
65 - 80% Choice     504     60.8   1,281-1,386  1,344  132.05-140.99      134.02
35 - 65% Choice     146     61.1   1,339-1,339  1,339  141.62-141.62      141.62
 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     197     63.0     728-866     809   241.14-250.09      243.58
65 - 80% Choice     578     63.6     740-942     811   229.54-242.65      233.35
35 - 65% Choice     356     63.3     774-828     809   220.47-238.18      231.05
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice      55     62.7     789-789     789   234.37-234.37      234.37
65 - 80% Choice                         -                    -
35 - 65% Choice                         -                    -
 0 - 35% Choice     120     62.0     821-843     835   216.00-216.00      216.00
MIXED STEER/HEIFER
Over 80% Choice     888     63.0     718-902     773   239.80-243.58      241.59
65 - 80% Choice      48     61.4     705-797     762   230.56-240.21      234.18
35 - 65% Choice     443     64.5     811-913     854   227.06-234.00      231.25
 0 - 35% Choice     342     65.0     669-872     799   209.83-227.79      226.82
ALL DRESSED STEERS AND HEIFERS
                  3,027     63.5     669-942     804   209.83-250.09      234.46
MIXED STEER/HEIFER/COW
Over 80% Choice     410     64.8     860-860     860   238.00-238.00      238.00
65 - 80% Choice     483     62.0     808-918     859   237.00-244.00      239.89
35 - 65% Choice      46     62.9     825-825     825   232.20-232.20      232.20
 0 - 35% Choice     252     59.0     818-903     842   205.36-223.65      210.59
DAIRYBRED STEER/HEIFER
Over 80% Choice      51     58.5     834-924     894   217.59-228.35      224.76
65 - 80% Choice     177     61.4     835-851     839   222.99-239.55      236.09
35 - 65% Choice      17     62.7     841-841     841   229.70-229.70      229.70
 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      35     62.7   1,295-1,295  1,295  150.00-150.00      150.00
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice     233     63.4   1,131-1,295  1,217  146.25-148.00      147.19
 0 - 35% Choice     263     63.8   1,185-1,381  1,287  144.76-150.00      148.19
ALL LIVE STEERS AND HEIFERS
                    531     63.6   1,131-1,381  1,257  144.76-150.00      147.87
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                9,824         816         232.95
 KANSAS                  2,018         863         236.03
 NEBRASKA                2,350         912         238.80
 COLORADO                   12         841         237.12
 WESTERN CORNBELT           86         722         243.67
  TOTAL 5-AREA          14,249         838         234.38
 N.CENTRAL/E.MT            130         897         246.48
 WESTERN STATES          2,331         779         232.67
 EASTERN CORNBELT          115         806         238.42
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                1,336         821         229.89
 KANSAS
 NEBRASKA                  249         860         241.50
 COLORADO
 WESTERN CORNBELT        1,019         777         238.16
  TOTAL 5-AREA           1,835         823         231.17
 N.CENTRAL/E.MT
 WESTERN STATES
 EASTERN CORNBELT          220         798         235.09
 NORTHEASTERN STATES       149         784         234.36


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