Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Fri, Aug 29, 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:   14,782    181,703      17,710      170,870      11,315      201,627
Live:       2,578     29,754       5,229       26,938       2,096       30,469
Total:     17,360    211,457      22,939      197,808      13,411      232,096

NEGOTIATED GRID NET:
Dressed:    1,160     13,553       1,934       12,686       2,270       23,178
Live:         135      3,290          70        3,850         534        3,858
Total:      1,295     16,843       2,004       16,536       2,804       27,036


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,464     64.7    701-1,019    924  234.62-253.58     240.49
65 - 80% Choice   1,282     64.9    811-1,000    898  237.43-244.60     240.45
35 - 65% Choice   1,964     64.8    730-929      862  231.50-242.18     237.66
 0 - 35% Choice   1,114     63.8    698-964      855  231.81-246.12     238.80
HEIFER
Over 80% Choice     528     64.3    698-859      810  241.81-250.91     245.32
65 - 80% Choice   1,016     64.3    689-833      757  235.31-243.51     238.53
35 - 65% Choice   2,807     64.9    662-791      743  231.25-244.70     237.48
 0 - 35% Choice     229     62.5    676-737      727  229.86-246.09     243.47
MIXED STEER/HEIFER
Over 80% Choice     394     63.1    533-914      820  236.03-250.72     246.10
65 - 80% Choice     121     61.3    757-921      863  227.90-247.02     234.69
35 - 65% Choice     215     63.3    753-868      795  231.61-244.11     241.02
 0 - 35% Choice     927     63.8    617-874      831  229.34-246.56     242.99
ALL STEERS & HEIFERS
                 12,061     64.4    533-1,019    826  227.90-253.58     239.60
MIXED STEER/HEIFER/COW
Over 80% Choice      37     57.9    660-660      660  240.00-240.00     240.00
65 - 80% Choice      81     63.1    803-803      803  242.72-242.72     242.72
35 - 65% Choice     482     62.3    661-1,080    805  227.33-240.12     234.00
 0 - 35% Choice     733     59.7    857-1,057    968  209.59-224.87     214.23
DAIRYBRED STEER/HEIFER
Over 80% Choice     419     61.7    743-904      860  232.52-241.45     236.63
65 - 80% Choice     376     61.4    750-902      845  231.89-240.89     237.84
35 - 65% Choice     210     61.3    702-868      816  230.32-235.07     234.25
 0 - 35% Choice     383     62.1    846-846      846  234.07-234.07     234.07


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     565     62.5  1,221-1,447   1,429 151.53-159.00     156.45
65 - 80% Choice     399     63.3  1,432-1,475   1,463 154.00-159.50     155.54
35 - 65% Choice   1,055     63.5  1,372-1,484   1,403 151.80-164.90     156.65
 0 - 35% Choice      30     62.7  1,310-1,310   1,310 153.18-153.18     153.18
HEIFER
Over 80% Choice      37     64.6  1,283-1,283   1,283 154.00-154.00     154.00
65 - 80% Choice                        -                    -
35 - 65% Choice     402     64.1  1,108-1,256   1,197 154.00-156.00     154.40
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      69     64.5  1,348-1,348   1,348 153.30-153.30     153.30
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,557     63.4  1,108-1,484   1,382 151.53-164.90     155.91
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      21     58.8  1,269-1,269   1,269 142.53-142.53     142.53
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 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      78     62.5    807-825      816  246.29-247.19     246.73
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     211     63.0    756-788      782  244.66-245.42     244.79
65 - 80% Choice                        -                    -
35 - 65% Choice      96     63.4    671-671      671  236.57-236.57     236.57
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     497     63.1    721-854      778  233.84-247.65     240.23
65 - 80% Choice      22     62.0    711-711      711  238.97-238.97     238.97
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    904     63.0    671-854      769  233.84-247.65     241.44
MIXED STEER/HEIFER/COW
Over 80% Choice      38     62.7    712-713      712  236.86-247.50     243.86
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     146     60.0    787-897      831  235.10-242.30     238.02
65 - 80% Choice      72     61.1    691-796      769  232.85-236.73     234.24
35 - 65% Choice                        -                    -
 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
 No Reportable Trade.
ALL STEERS & HEIFERS
                                       -                    -
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     101     62.7  1,428-1,428   1,428 147.22-147.22     147.22
65 - 80% Choice                        -                    -
35 - 65% Choice      34     62.1  1,371-1,371   1,371 143.55-143.55     143.55
 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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