Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Tue, Jun 17, 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:   25,005     80,273      21,559       82,108      17,470       94,014
Live:         629      7,516       1,536        9,775       1,543       11,900
Total:     25,634     87,789      23,095       91,883      19,013      105,914

NEGOTIATED GRID NET:
Dressed:    1,491      4,157       2,224        6,538       3,103        7,992
Live:           0        948         424          494           0        1,393
Total:      1,491      5,105       2,648        7,032       3,103        9,385


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,763     63.8    717-903      837  225.33-240.38     234.30
65 - 80% Choice   6,724     64.0    701-964      853  225.21-236.88     232.10
35 - 65% Choice   2,623     64.3    750-913      857  226.80-232.86     230.23
 0 - 35% Choice     847     64.1    736-946      875  229.12-235.78     234.36
HEIFER
Over 80% Choice   1,586     63.7    710-866      782  231.62-238.33     235.63
65 - 80% Choice   2,570     63.7    682-896      766  220.70-235.51     231.99
35 - 65% Choice   2,905     64.0    706-834      745  228.95-233.29     231.06
 0 - 35% Choice      65     64.0    777-777      777  228.87-228.87     228.87
MIXED STEER/HEIFER
Over 80% Choice     543     62.6    738-869      790  234.27-241.79     236.52
65 - 80% Choice     355     63.3    738-925      807  226.48-235.00     230.98
35 - 65% Choice      96     62.5    794-893      829  221.78-232.73     230.83
 0 - 35% Choice     756     61.5    699-887      783  227.82-236.00     230.78
ALL STEERS & HEIFERS
                 22,833     63.8    682-964      819  220.70-241.79     232.46
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     421     62.4    695-955      799  223.36-231.67     226.13
35 - 65% Choice     148     64.8    733-733      733  222.96-222.96     222.96
 0 - 35% Choice     302     59.5    886-1,003    971  194.87-214.36     203.53
DAIRYBRED STEER/HEIFER
Over 80% Choice     536     61.4    885-929      909  224.89-227.40     225.92
65 - 80% Choice     348     61.8    840-918      896  222.16-226.09     224.85
35 - 65% Choice     417     61.1    773-823      811  221.14-226.00     223.66
 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                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     316     63.5  1,330-1,340   1,336 148.05-149.00     148.59
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     187     64.9  1,145-1,145   1,145 149.00-149.00     149.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                    503     64.0  1,145-1,340   1,265 148.05-149.00     148.74
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     126     59.0  1,362-1,392   1,365 137.05-139.00     137.24
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
 No Reportable Trade.
HEIFER
Over 80% Choice      90     63.7    769-769      769  232.76-232.76     232.76
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     591     63.6    662-983      805  221.10-235.55     228.27
65 - 80% Choice      54     62.0    893-893      893  225.51-225.51     225.51
35 - 65% Choice                        -                    -
 0 - 35% Choice      44     59.5    729-729      729  221.86-221.86     221.86
ALL STEERS & HEIFERS
                    779     63.3    662-983      803  221.10-235.55     228.24
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      54     61.7    578-916      835  219.05-231.20     228.28
35 - 65% Choice     413     60.1    748-902      843  219.54-227.67     223.29
 0 - 35% Choice     111     59.0    851-913      883  210.81-217.29     214.30
DAIRYBRED STEER/HEIFER
Over 80% Choice     108     60.8    870-870      870  229.56-229.56     229.56
65 - 80% Choice      26     57.8    738-738      738  225.39-225.39     225.39
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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