Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, Jun 18, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:    8,022    110,534      16,286      116,760      31,429      159,451
Live:       1,623     12,691       2,653       16,729       7,347       21,783
Total:      9,645    123,225      18,939      133,489      38,776      181,234

NEGOTIATED GRID NET:
Dressed:      787      6,426       1,328       10,831       2,778       13,933
Live:           0        948         272        1,591           0        1,470
Total:        787      7,374       1,600       12,422       2,778       15,403


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,105     63.8    781-942      879  232.05-256.20     237.11
65 - 80% Choice     871     64.0    850-930      878  232.24-236.88     235.25
35 - 65% Choice     451     63.0    836-868      858  235.55-236.75     236.42
 0 - 35% Choice     942     64.1    789-890      842  237.34-258.34     251.77
HEIFER
Over 80% Choice     456     64.0    775-821      797  232.90-240.13     237.28
65 - 80% Choice     225     63.5    735-834      774  231.27-237.32     234.15
35 - 65% Choice     703     63.6    641-797      717  225.74-237.09     232.41
 0 - 35% Choice     209     64.0    805-805      805  237.34-237.34     237.34
MIXED STEER/HEIFER
Over 80% Choice     259     63.8    717-903      830  232.17-243.93     235.01
65 - 80% Choice     239     63.1    681-903      845  228.49-232.93     230.44
35 - 65% Choice     315     63.4    729-813      801  224.72-236.00     232.62
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  6,775     63.8    641-942      838  224.72-258.34     237.77
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      76     61.8    748-872      807  222.20-232.73     227.74
35 - 65% Choice     346     61.7    885-1,026    931  207.80-230.96     221.81
 0 - 35% Choice      34     59.4    884-884      884  210.81-210.81     210.81
DAIRYBRED STEER/HEIFER
Over 80% Choice     255     62.2    795-830      800  224.67-231.74     225.67
65 - 80% Choice     169     61.5    858-860      859  226.00-226.00     226.00
35 - 65% Choice     230     63.5    870-876      872  228.76-230.42     229.37
 0 - 35% Choice     137     61.7    844-899      849  223.94-228.10     224.50


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     187     62.5  1,297-1,379   1,345 162.51-171.12     164.49
65 - 80% Choice     152     64.4  1,503-1,503   1,503 149.83-149.83     149.83
35 - 65% Choice     536     62.3  1,288-1,406   1,377 148.00-149.07     148.56
 0 - 35% Choice     249     61.3  1,323-1,359   1,338 140.84-150.00     145.52
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     129     62.8  1,205-1,300   1,269 148.00-148.05     148.03
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     132     62.0  1,143-1,336   1,228 148.00-148.00     148.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,385     62.4  1,143-1,503   1,355 140.84-171.12     150.20
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     238     60.7  1,317-1,377   1,352 139.00-139.00     139.00
 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      12     62.3    890-890      890  237.79-237.79     237.79
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      38     63.4    792-792      792  233.00-233.00     233.00
HEIFER
Over 80% Choice      90     64.4    764-764      764  232.24-232.24     232.24
65 - 80% Choice      48     63.9    668-668      668  233.05-233.05     233.05
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     197     63.2    648-882      755  232.00-238.09     234.69
65 - 80% Choice      51     64.1    690-690      690  234.80-234.80     234.80
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    436     63.6    648-890      747  232.00-238.09     233.95
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     219     62.2    767-858      840  207.34-236.00     228.30
 0 - 35% Choice      86     59.1    784-951      920  215.85-216.30     216.22
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      46     60.2    725-725      725  218.77-218.77     218.77
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
 No Reportable Trade.


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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