Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/4/2014

Past Market Reports

Report Date: 2/4/2014

LM_CT107
St. Joseph, MO    Tue, Feb 04, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 02/03/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   12,309     49,341      22,206       54,467      20,100       59,707
Live:       4,131      5,786       5,562        8,346       9,017       10,180
Total:     16,440     55,127      27,768       62,813      29,117       69,887

NEGOTIATED GRID NET:
Dressed:    4,724      6,054       1,626        2,971       1,198        6,029
Live:       1,648      1,648        none         none         343        1,347
Total:      6,372      7,702       1,626        2,971       1,541        7,376


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,266     64.0    813-1,035    930  230.98-255.18     240.00
65 - 80% Choice   1,983     64.4    762-1,000    908  225.52-241.00     236.08
35 - 65% Choice   1,561     64.8    685-997      860  227.14-239.84     235.07
 0 - 35% Choice      59     63.5    808-808      808  232.21-232.21     232.21
HEIFER
Over 80% Choice   2,816     63.6    731-912      837  232.28-267.53     242.93
65 - 80% Choice   1,672     64.6    728-955      825  227.63-241.84     236.90
35 - 65% Choice     191     63.1    688-792      741  229.61-239.22     235.54
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,285     62.6    734-979      838  235.64-266.44     241.97
65 - 80% Choice     178     63.2    698-855      811  223.53-243.29     236.04
35 - 65% Choice     128     63.6    662-829      740  228.76-239.84     235.82
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 12,139     64.0    662-1,035    864  223.53-267.53     238.98
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     125     64.0    682-834      796  219.64-235.00     232.49
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      45     61.4    757-757      757  218.07-218.07     218.07
35 - 65% Choice                        -                    -
 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     487     63.2  1,327-1,540   1,501 147.47-152.68     151.19
65 - 80% Choice     856     63.2  1,286-1,454   1,386 143.67-149.00     146.09
35 - 65% Choice     288     64.1  1,281-1,308   1,301 149.00-150.00     149.36
 0 - 35% Choice     357     63.5  1,242-1,326   1,295 145.00-150.00     146.36
HEIFER
Over 80% Choice     665     63.7  1,219-1,332   1,285 144.00-150.50     148.76
65 - 80% Choice     255     63.7  1,178-1,463   1,273 149.00-149.50     149.34
35 - 65% Choice     895     63.7  1,120-1,338   1,169 145.00-149.50     148.66
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      71     63.0  1,394-1,394   1,394 163.11-163.11     163.11
65 - 80% Choice                        -                    -
35 - 65% Choice      80     62.8  1,172-1,172   1,172 148.00-148.00     148.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,954     63.5  1,120-1,540   1,308 143.67-163.11     148.57
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     104     61.5  1,281-1,337   1,318 137.00-138.00     137.65
65 - 80% Choice                        -                    -
35 - 65% Choice      73     61.7  1,306-1,306   1,306 137.87-137.87     137.87
 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   3,058     62.0    806-987      903  228.89-241.68     239.50
65 - 80% Choice     594     63.6    653-981      827  225.32-240.90     234.80
35 - 65% Choice     251     64.9    763-806      783  228.16-228.41     228.27
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     207     64.4    904-904      904  240.38-240.38     240.38
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     205     62.0    767-832      813  239.04-240.92     240.11
65 - 80% Choice                        -                    -
35 - 65% Choice     248     64.4    709-840      778  221.89-233.00     230.13
 0 - 35% Choice     161     64.9    799-799      799  233.00-233.00     233.00
ALL STEERS & HEIFERS
                  4,724     62.7    653-987      873  221.89-241.68     237.67
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


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     147     63.4  1,207-1,276   1,262 136.00-147.00     144.76
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      33     62.2  1,367-1,367   1,367 142.12-142.12     142.12
 0 - 35% Choice      76     63.8  1,117-1,137   1,126 143.33-145.00     144.06
MIXED STEER/HEIFER
Over 80% Choice      96     62.5  1,315-1,315   1,315 135.17-135.17     135.17
65 - 80% Choice                        -                    -
35 - 65% Choice     468     63.3    984-1,295   1,174 135.65-145.50     143.15
 0 - 35% Choice     575     64.0  1,097-1,379   1,239 143.32-146.00     144.64
ALL STEERS & HEIFERS
                  1,395     63.5    984-1,379   1,222 135.17-147.00     143.41
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      35     61.6  1,379-1,379   1,379 130.00-130.00     130.00
35 - 65% Choice     218     61.8  1,280-1,443   1,348 135.00-140.00     137.10
 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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