Direct Slaughter Cattle - Formulated Purchases - Morning

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LM_CT107
St. Joseph, MO    Wed, Aug 20, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 08/19/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   19,090     87,656      18,349       94,167      37,027      125,558
Live:       2,167      9,762       3,721       12,700       6,038       15,193
Total:     21,257     97,418      22,070      106,867      43,065      140,751

NEGOTIATED GRID NET:
Dressed:    1,641      6,320       1,280        6,786       4,372       10,811
Live:         609      2,148         842        1,845       1,851        3,705
Total:      2,250      8,468       2,122        8,631       6,223       14,516


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,947     64.3    679-997      902  239.99-292.22     255.81
65 - 80% Choice   4,663     64.3    787-959      897  240.00-256.24     251.83
35 - 65% Choice   2,290     64.3    735-950      884  246.36-254.42     251.74
 0 - 35% Choice   1,748     63.7    841-1,008    931  245.00-276.66     252.33
HEIFER
Over 80% Choice   2,408     64.3    682-877      808  248.39-285.39     256.56
65 - 80% Choice     833     64.8    746-861      798  249.42-255.75     252.78
35 - 65% Choice   1,131     64.9    641-959      786  230.63-254.14     251.18
 0 - 35% Choice   1,037     64.2    770-916      822  244.00-276.35     257.13
MIXED STEER/HEIFER
Over 80% Choice     429     63.6    600-914      843  245.00-274.51     254.96
65 - 80% Choice      65     63.2    704-708      705  246.68-250.73     249.30
35 - 65% Choice     185     63.3    693-872      811  243.23-251.79     247.06
 0 - 35% Choice      71     65.1    841-841      841  245.00-245.00     245.00
ALL STEERS & HEIFERS
                 17,807     64.3    600-1,008    868  230.63-292.22     253.47
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     297     64.3    718-910      788  247.45-248.67     248.15
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     171     60.4    808-897      834  246.04-249.05     247.38
65 - 80% Choice     293     61.8    630-872      803  238.16-243.63     242.10
35 - 65% Choice     522     62.2    655-848      819  235.69-246.03     244.18
 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     333     63.8  1,307-1,496   1,364 161.50-169.25     166.92
65 - 80% Choice     431     62.2  1,454-1,493   1,476 156.50-161.00     158.98
35 - 65% Choice     635     63.0  1,318-1,539   1,418 160.50-161.00     160.96
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      56     63.9  1,376-1,376   1,376 155.00-155.00     155.00
35 - 65% Choice     244     62.0  1,227-1,319   1,264 161.00-161.00     161.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      81     64.0  1,224-1,224   1,224 170.92-170.92     170.92
65 - 80% Choice                        -                    -
35 - 65% Choice      57     62.9  1,242-1,242   1,242 160.00-160.00     160.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,837     62.9  1,224-1,539   1,386 155.00-170.92     161.81
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     280     60.4  1,233-1,538   1,438 148.54-150.00     148.88
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      50     63.7  1,217-1,217   1,217 155.84-155.84     155.84


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      98     64.2    861-900      895  244.23-253.99     252.79
65 - 80% Choice     322     65.8    762-789      783  244.50-248.29     246.50
35 - 65% Choice      36     63.1    820-820      820  255.09-255.09     255.09
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      23     62.0    820-820      820  224.24-224.24     224.24
MIXED STEER/HEIFER
Over 80% Choice     177     63.9    762-801      774  250.24-253.31     252.33
65 - 80% Choice      83     63.1    799-924      848  237.82-255.79     252.81
35 - 65% Choice     188     63.4    769-798      783  239.28-254.41     245.56
 0 - 35% Choice     226     63.9    670-861      735  248.17-251.00     249.23
ALL STEERS & HEIFERS
                  1,153     64.2    670-924      788  224.24-255.79     248.59
MIXED STEER/HEIFER/COW
Over 80% Choice      33     64.0    758-758      758  253.00-253.00     253.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     260     59.7    800-882      847  239.18-250.00     244.47
65 - 80% Choice     132     60.5    768-886      822  240.55-248.00     243.73
35 - 65% Choice      63     59.7    783-803      796  230.87-239.78     236.46
 0 - 35% Choice                        -                    -


NEGOTIATED GRID 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      19     64.1  1,185-1,185   1,185 158.00-158.00     158.00
 0 - 35% Choice     126     63.8  1,126-1,232   1,146 156.00-158.00     156.30
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     126     63.4  1,357-1,357   1,357 163.52-163.52     163.52
35 - 65% Choice      86     63.3  1,102-1,102   1,102 160.00-160.00     160.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      70     63.5  1,174-1,282   1,208 153.45-160.00     155.51
 0 - 35% Choice      75     64.0  1,267-1,340   1,302 158.00-159.00     158.48
ALL STEERS & HEIFERS
                    502     63.6  1,102-1,357   1,225 153.45-163.52     159.03
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      47     60.9  1,307-1,307   1,307 151.00-151.00     151.00
65 - 80% Choice      60     60.5  1,278-1,287   1,282 145.97-146.29     146.15
35 - 65% Choice                        -                    -
 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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