Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, Aug 27, 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:   15,534    113,363       7,995       95,687      22,768      137,369
Live:       1,438     13,187       1,792       11,554       2,627       15,342
Total:     16,972    126,550       9,787      107,241      25,395      152,711

NEGOTIATED GRID NET:
Dressed:    1,575      7,634       1,449        7,769       1,978       13,499
Live:         569      2,072         295        2,443           0        1,321
Total:      2,144      9,706       1,744       10,212       1,978       14,820


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,654     63.8    822-995      895  237.01-271.39     250.29
65 - 80% Choice   1,741     64.7    874-978      908  234.03-246.66     241.43
35 - 65% Choice   2,085     64.7    732-1,016    906  233.94-247.64     240.52
 0 - 35% Choice     896     63.6    732-970      852  237.00-243.00     239.90
HEIFER
Over 80% Choice   1,254     63.9    741-908      837  244.76-270.84     250.70
65 - 80% Choice   2,422     64.3    738-880      822  237.83-252.47     245.16
35 - 65% Choice     581     64.5    801-840      824  235.24-239.88     238.05
 0 - 35% Choice     298     65.0    820-877      852  242.28-243.00     242.55
MIXED STEER/HEIFER
Over 80% Choice   1,400     63.8    741-952      860  244.84-259.99     248.16
65 - 80% Choice     503     63.7    710-938      830  235.23-247.71     242.09
35 - 65% Choice     223     64.4    810-923      865  235.62-242.78     238.75
 0 - 35% Choice     420     61.4    736-787      774  233.66-243.51     242.75
ALL STEERS & HEIFERS
                 13,477     64.1    710-1,016    863  233.66-271.39     244.41
MIXED STEER/HEIFER/COW
Over 80% Choice      96     65.1    807-807      807  239.30-239.30     239.30
65 - 80% Choice     102     61.8    755-894      836  233.70-241.44     237.04
35 - 65% Choice     677     63.6    628-830      806  235.46-238.61     237.71
 0 - 35% Choice     546     58.2    674-1,028    942  210.12-227.32     217.62
DAIRYBRED STEER/HEIFER
Over 80% Choice     173     62.2    827-922      886  233.49-242.13     240.44
65 - 80% Choice     219     60.9    681-870      825  236.02-240.88     239.31
35 - 65% Choice     140     62.1    827-827      827  240.14-240.14     240.14
 0 - 35% Choice     104     61.8    859-859      859  234.00-234.00     234.00


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      74     63.2  1,411-1,411   1,411 154.00-154.00     154.00
35 - 65% Choice     406     63.9  1,267-1,395   1,330 152.00-152.80     152.36
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     163     65.9  1,238-1,246   1,242 154.50-154.50     154.50
35 - 65% Choice     472     62.3  1,188-1,335   1,243 152.00-154.50     153.13
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     157     62.6  1,153-1,153   1,153 152.00-152.00     152.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,272     63.4  1,153-1,411   1,269 152.00-154.50     152.97
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     166     59.7  1,315-1,315   1,315 141.80-141.80     141.80
 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     160     63.6    762-881      855  246.72-250.86     247.63
65 - 80% Choice                        -                    -
35 - 65% Choice      38     64.5    859-859      859  245.00-245.00     245.00
 0 - 35% Choice     297     64.5    757-883      808  243.00-244.00     243.56
HEIFER
Over 80% Choice      86     63.8    760-805      797  247.95-255.19     249.30
65 - 80% Choice      45     64.3    797-797      797  246.24-246.24     246.24
35 - 65% Choice      80     63.8    687-823      750  242.69-245.00     243.93
 0 - 35% Choice      45     63.7    790-790      790  242.00-242.00     242.00
MIXED STEER/HEIFER
Over 80% Choice     203     63.7    705-817      749  242.20-251.74     246.92
65 - 80% Choice     133     64.4    714-843      759  246.42-249.32     247.13
35 - 65% Choice     102     63.7    676-882      779  243.00-244.00     243.76
 0 - 35% Choice     172     63.6    824-843      837  230.12-244.00     239.62
ALL STEERS & HEIFERS
                  1,361     64.0    676-883      798  230.12-255.19     244.87
MIXED STEER/HEIFER/COW
Over 80% Choice      40     64.9    838-838      838  252.54-252.54     252.54
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     116     61.7    759-920      843  233.77-239.59     236.74
65 - 80% Choice      38     60.0    766-766      766  235.77-235.77     235.77
35 - 65% Choice      20     61.3    811-811      811  236.00-236.00     236.00
 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     257     64.5  1,140-1,217   1,193 153.50-155.00     154.27
 0 - 35% Choice     224     64.7  1,176-1,180   1,177 152.79-153.50     152.99
ALL STEERS & HEIFERS
                    481     64.6  1,140-1,217   1,186 152.79-155.00     153.67
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      61     60.7  1,257-1,257   1,257 145.00-145.00     145.00
35 - 65% Choice      27     61.6  1,332-1,332   1,332 145.00-145.00     145.00
 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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