Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, Mar 12, 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:   15,069    104,647      19,170      117,229      17,802      106,128
Live:       3,557     11,389       1,694       13,109       3,581       19,320
Total:     18,626    116,036      20,864      130,338      21,383      125,448

NEGOTIATED GRID NET:
Dressed:    1,695      8,811       1,405        8,634       3,618       12,975
Live:         474      1,801           0          855          45          800
Total:      2,169     10,612       1,405        9,489       3,663       13,775


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,469     61.9    834-1,055    917  237.40-264.00     254.02
65 - 80% Choice   1,427     64.4    842-989      920  234.64-241.83     238.35
35 - 65% Choice   1,650     64.4    689-958      848  224.24-241.10     232.87
 0 - 35% Choice     191     64.6    755-755      755  229.93-229.93     229.93
HEIFER
Over 80% Choice     988     62.8    750-860      797  237.21-264.69     240.60
65 - 80% Choice   2,256     64.2    722-880      757  236.54-239.32     237.49
35 - 65% Choice     791     63.8    753-810      767  236.32-239.59     237.38
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,289     62.4    696-989      828  234.89-244.63     239.98
65 - 80% Choice     239     62.7    750-884      817  236.98-237.95     237.49
35 - 65% Choice     156     62.4    633-904      828  231.64-235.90     234.70
 0 - 35% Choice     239     60.2    733-747      741  235.48-235.74     235.59
ALL STEERS & HEIFERS
                 10,695     63.4    633-1,055    830  224.24-264.69     239.52
MIXED STEER/HEIFER/COW
Over 80% Choice     857     61.2    766-920      851  233.79-244.09     242.06
65 - 80% Choice                        -                    -
35 - 65% Choice     100     59.7    868-868      868  227.21-227.21     227.21
 0 - 35% Choice     314     56.4    833-875      863  215.06-223.75     217.55
DAIRYBRED STEER/HEIFER
Over 80% Choice     813     61.9    755-922      866  225.92-238.42     230.32
65 - 80% Choice     765     60.7    718-891      811  225.84-234.00     227.96
35 - 65% Choice   1,306     61.3    720-856      839  220.38-234.58     228.07
 0 - 35% Choice     219     60.6    780-815      791  227.00-229.64     228.82


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     516     63.6  1,450-1,472   1,452 155.25-158.00     155.44
65 - 80% Choice     410     62.7  1,129-1,479   1,395 144.25-148.75     148.08
35 - 65% Choice     673     61.9  1,190-1,402   1,230 144.50-151.00     145.95
 0 - 35% Choice     110     63.4  1,185-1,185   1,185 147.82-147.82     147.82
HEIFER
Over 80% Choice     226     62.5  1,234-1,455   1,378 150.74-164.20     155.45
65 - 80% Choice     479     62.3  1,147-1,342   1,286 150.00-151.00     150.34
35 - 65% Choice     673     62.0  1,086-1,424   1,186 148.00-158.00     149.44
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     164     62.5  1,122-1,246   1,186 148.00-148.00     148.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,251     62.5  1,086-1,479   1,291 144.25-164.20     149.92
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     306     61.8  1,330-1,402   1,351 138.00-139.00     138.93
 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      17     61.3    740-740      740  242.82-242.82     242.82
65 - 80% Choice     242     65.9    916-922      920  238.00-238.00     238.00
35 - 65% Choice     250     65.7    806-897      883  235.11-237.95     235.54
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     157     63.2    757-892      808  232.71-243.30     240.68
35 - 65% Choice     116     59.2    661-661      661  239.51-239.51     239.51
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     131     61.9    626-923      798  234.64-241.05     238.32
65 - 80% Choice                        -                    -
35 - 65% Choice     162     63.5    681-784      743  227.69-238.00     234.81
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,075     63.8    626-923      823  227.69-243.30     237.62
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      47     58.6    777-777      777  232.68-232.68     232.68
35 - 65% Choice      59     61.1    780-810      787  220.31-232.41     229.74
 0 - 35% Choice     296     58.8    759-1,066    902  217.83-226.69     221.40
DAIRYBRED STEER/HEIFER
Over 80% Choice      34     60.0    818-818      818  223.95-223.95     223.95
65 - 80% Choice     110     60.7    800-800      800  230.00-230.00     230.00
35 - 65% Choice      74     59.6    803-803      803  225.00-225.00     225.00
 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
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     117     62.1    975-1,226   1,176 137.21-148.20     146.91
 0 - 35% Choice     334     62.8  1,043-1,303   1,155 141.75-148.70     145.44
ALL STEERS & HEIFERS
                    451     62.6    975-1,303   1,161 137.21-148.70     145.82
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      23     60.2  1,257-1,257   1,257 138.27-138.27     138.27
 0 - 35% Choice                        -                    -


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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