Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Fri, Apr 04, 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:   13,069    164,930       7,956      150,605       9,194      162,991
Live:       1,220     27,210       1,114       43,858       1,787       36,123
Total:     14,289    192,140       9,070      194,463      10,981      199,114

NEGOTIATED GRID NET:
Dressed:    2,194     13,618       1,744       12,782       2,734       14,078
Live:         324      2,067         158        1,695           0        1,871
Total:      2,518     15,685       1,902       14,477       2,734       15,949


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,000     63.8    794-942      904  238.42-247.34     242.94
65 - 80% Choice   1,830     65.4    748-956      880  231.39-246.17     239.55
35 - 65% Choice   4,469     64.7    758-920      838  228.43-244.66     236.88
 0 - 35% Choice      73     64.7    717-717      717  238.41-238.41     238.41
HEIFER
Over 80% Choice     309     63.5    742-864      790  240.51-253.01     247.30
65 - 80% Choice     383     64.1    762-823      813  240.51-242.71     240.88
35 - 65% Choice     290     64.2    755-781      771  236.34-237.93     236.95
 0 - 35% Choice     178     64.3    692-692      692  240.44-240.44     240.44
MIXED STEER/HEIFER
Over 80% Choice     823     62.8    640-872      774  240.24-249.12     243.62
65 - 80% Choice     258     64.6    783-938      912  237.87-244.20     242.14
35 - 65% Choice      39     63.1    810-810      810  242.00-242.00     242.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  9,652     64.5    640-956      841  228.43-253.01     239.32
MIXED STEER/HEIFER/COW
Over 80% Choice     283     63.1    784-866      831  245.28-263.12     254.04
65 - 80% Choice     210     59.6    653-844      728  231.82-242.57     235.62
35 - 65% Choice      85     58.4    601-601      601  228.09-228.09     228.09
 0 - 35% Choice     450     57.9    798-958      918  204.02-216.98     213.02
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,045     62.3    807-944      893  233.95-237.75     235.11
65 - 80% Choice     760     62.3    818-908      865  231.84-238.14     234.60
35 - 65% Choice     524     61.7    795-833      812  230.98-235.65     233.40
 0 - 35% Choice      60     60.1    802-802      802  231.12-231.12     231.12


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     250     63.0  1,198-1,471   1,339 151.00-154.46     152.79
65 - 80% Choice     110     64.5  1,434-1,434   1,434 153.00-153.00     153.00
35 - 65% Choice     512     63.2  1,044-1,351   1,173 146.65-153.21     148.03
 0 - 35% Choice      89     63.1  1,245-1,245   1,245 151.00-151.00     151.00
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      60     63.6  1,429-1,429   1,429 154.46-154.46     154.46
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,021     63.3  1,044-1,471   1,263 146.65-154.46     150.37
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      35     57.8  1,356-1,356   1,356 142.38-142.38     142.38
65 - 80% Choice                        -                    -
35 - 65% Choice     164     61.6  1,326-1,373   1,347 143.00-143.00     143.00
 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      84     61.5    786-790      788  243.71-246.12     244.92
65 - 80% Choice     170     62.5    822-864      826  235.48-241.34     235.96
35 - 65% Choice     377     64.5    732-734      732  232.70-234.10     233.75
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     109     65.0    732-852      751  227.53-232.93     232.09
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     200     61.8    809-842      818  232.35-244.00     242.84
65 - 80% Choice      51     60.6    689-823      742  223.25-234.85     230.30
35 - 65% Choice      28     63.9    764-764      764  232.00-232.00     232.00
 0 - 35% Choice      48     61.2    623-623      623  221.96-221.96     221.96
ALL STEERS & HEIFERS
                  1,067     63.1    623-864      766  221.96-246.12     235.77
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     221     65.1    781-804      801  227.73-244.00     242.23
35 - 65% Choice     120     60.7    764-952      880  224.66-225.88     225.41
 0 - 35% Choice     314     58.5    848-930      908  219.30-224.20     222.69
DAIRYBRED STEER/HEIFER
Over 80% Choice      66     61.3    836-886      859  229.00-230.07     229.85
65 - 80% Choice                        -                    -
35 - 65% Choice     147     60.5    786-800      793  226.55-234.21     230.56
 0 - 35% Choice     259     57.4    802-802      802  225.00-225.00     225.00


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     203     62.9  1,102-1,254   1,183 143.18-150.00     147.06
 0 - 35% Choice      83     62.7  1,310-1,317   1,314 141.93-144.36     143.16
ALL STEERS & HEIFERS
                    286     62.9  1,102-1,317   1,221 141.93-150.00     145.93
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      38     65.2  1,367-1,367   1,367 151.00-151.00     151.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
 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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