Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 1/29/2014

Past Market Reports

Report Date: 1/29/2014

LM_CT107
St. Joseph, MO    Wed, Jan 29, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 01/28/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   28,405    101,477      21,347      100,320      21,694      104,625
Live:       5,771     15,593       7,993       18,125       6,914       22,571
Total:     34,176    117,070      29,340      118,445      28,608      127,196

NEGOTIATED GRID NET:
Dressed:    6,090     10,283       1,249        7,657       2,218       13,783
Live:         741      1,055         300          992         169        1,308
Total:      6,831     11,338       1,549        8,649       2,387       15,091


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   5,847     63.4    704-1,018    906  211.97-261.49     232.24
65 - 80% Choice   6,043     64.2    657-981      896  213.91-238.60     226.55
35 - 65% Choice   2,655     63.8    773-972      871  221.29-236.22     226.94
 0 - 35% Choice     110     61.7    919-919      919  230.35-230.35     230.35
HEIFER
Over 80% Choice   4,350     63.6    693-950      832  222.40-255.60     230.45
65 - 80% Choice   2,998     64.3    670-881      780  221.04-235.00     226.07
35 - 65% Choice     891     64.5    720-882      791  223.36-226.95     224.95
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,817     62.4    723-927      824  225.85-263.75     236.86
65 - 80% Choice     683     62.4    689-941      784  214.44-240.00     223.42
35 - 65% Choice      96     61.3    635-800      721  217.12-225.70     221.18
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 25,490     63.7    635-1,018    859  211.97-263.75     229.10
MIXED STEER/HEIFER/COW
Over 80% Choice     278     64.0    835-879      842  224.78-228.83     228.26
65 - 80% Choice     296     64.9    662-825      810  226.02-230.81     230.37
35 - 65% Choice      96     58.9    757-913      871  205.70-225.44     211.05
 0 - 35% Choice     259     57.6    832-912      871  189.47-202.87     198.63
DAIRYBRED STEER/HEIFER
Over 80% Choice     911     61.2    752-937      865  214.36-231.77     227.62
65 - 80% Choice     650     61.3    734-901      869  213.07-231.34     223.90
35 - 65% Choice     425     62.2    835-889      859  216.16-224.00     218.84
 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     546     63.5  1,135-1,491   1,364 148.72-167.59     157.84
65 - 80% Choice     597     63.7  1,043-1,557   1,474 140.00-150.00     144.60
35 - 65% Choice   1,416     63.6  1,134-1,499   1,346 140.00-150.00     148.42
 0 - 35% Choice     152     63.6  1,287-1,413   1,315 138.00-149.50     147.51
HEIFER
Over 80% Choice     528     63.5  1,113-1,363   1,229 149.00-168.77     166.43
65 - 80% Choice     274     63.7  1,102-1,211   1,165 149.00-149.50     149.21
35 - 65% Choice   1,305     63.5  1,120-1,368   1,204 147.00-150.00     148.29
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     372     63.4  1,367-1,595   1,549 154.40-155.52     154.63
65 - 80% Choice                        -                    -
35 - 65% Choice     261     63.6  1,248-1,390   1,308 147.10-148.50     147.53
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,451     63.6  1,043-1,595   1,319 138.00-168.77     151.05
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     155     60.9  1,290-1,432   1,400 133.90-139.88     135.25
65 - 80% Choice                        -                    -
35 - 65% Choice     165     60.6  1,287-1,340   1,305 137.00-140.38     139.25
 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   3,051     62.2    777-994      908  222.28-238.00     225.02
65 - 80% Choice     601     62.4    707-895      842  222.65-230.00     224.42
35 - 65% Choice      46     63.8    864-888      882  213.30-223.69     221.21
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     580     61.9    706-870      834  227.74-231.35     228.41
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      90     62.0    811-863      829  199.40-215.00     209.63
MIXED STEER/HEIFER
Over 80% Choice     572     62.8    711-928      809  223.38-237.54     230.40
65 - 80% Choice     164     62.9    748-897      835  211.93-229.03     222.33
35 - 65% Choice     235     65.3    751-827      776  219.50-228.00     222.91
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,339     62.4    706-994      872  199.40-238.00     225.43
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      29     60.5    809-872      841  204.82-212.41     208.48
 0 - 35% Choice     435     56.9    817-880      844  205.34-212.62     206.67
DAIRYBRED STEER/HEIFER
Over 80% Choice     232     58.0    794-948      875  208.26-217.88     212.75
65 - 80% Choice      17     59.6    806-806      806  204.78-204.78     204.78
35 - 65% Choice      38     61.7    810-810      810  213.44-213.44     213.44
 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      73     64.0  1,302-1,302   1,302 139.00-139.00     139.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      82     64.2  1,219-1,219   1,219 139.00-139.00     139.00
65 - 80% Choice     119     63.4  1,244-1,244   1,244 139.50-139.50     139.50
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    274     63.8  1,219-1,302   1,252 139.00-139.50     139.22
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     467     61.5  1,363-1,407   1,376 132.60-133.63     132.91
 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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