Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/24/2014

Past Market Reports

Report Date: 2/24/2014

LM_CT107
St. Joseph, MO    Mon, Feb 24, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 02/21/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   12,297    177,395      16,083      191,649      17,520      201,922
Live:       7,917     46,895       3,121       45,889       5,255       37,709
Total:     20,214    224,290      19,204      237,538      22,775      239,631

NEGOTIATED GRID NET:
Dressed:      871      8,973       1,314       11,158       2,730       22,521
Live:         343      4,848         390        1,537       1,192        3,279
Total:      1,214     13,821       1,704       12,695       3,922       25,800


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      38     63.8    858-858      858  233.88-233.88     233.88
65 - 80% Choice   1,933     64.0    835-1,017    917  220.00-232.00     224.98
35 - 65% Choice   3,805     64.7    816-1,018    885  208.46-227.44     221.99
 0 - 35% Choice     786     64.3    783-975      923  221.88-232.00     229.28
HEIFER
Over 80% Choice     124     63.8    882-882      882  224.88-224.88     224.88
65 - 80% Choice   1,751     64.2    721-910      785  224.73-226.88     225.52
35 - 65% Choice   1,394     64.9    738-866      770  222.99-224.36     223.68
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  9,831     64.4    721-1,018    860  208.46-233.88     224.11
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice   1,067     65.0    889-980      923  220.41-222.00     221.38
35 - 65% Choice     911     63.9    789-881      820  219.34-225.53     223.50
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     120     59.2    691-761      738  216.25-216.71     216.56
65 - 80% Choice     195     60.8    751-804      776  207.85-217.43     213.04
35 - 65% Choice     173     60.5    754-817      768  216.16-217.20     216.97
 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     448     63.2  1,135-1,544   1,456 138.92-146.75     145.05
65 - 80% Choice   2,529     63.7  1,128-1,571   1,438 138.90-146.75     143.06
35 - 65% Choice     798     63.3  1,235-1,447   1,351 142.00-143.00     142.61
 0 - 35% Choice     413     62.2  1,137-1,156   1,142 138.97-143.50     142.28
HEIFER
Over 80% Choice   1,384     63.3  1,007-1,464   1,286 138.52-146.75     142.22
65 - 80% Choice      71     64.3  1,260-1,260   1,260 143.25-143.25     143.25
35 - 65% Choice   1,065     63.5  1,054-1,343   1,159 139.34-143.50     142.12
 0 - 35% Choice     438     63.6  1,044-1,185   1,137 138.65-142.00     140.05
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  7,146     63.4  1,007-1,571   1,321 138.52-146.75     142.60
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     479     60.4  1,192-1,477   1,410 127.31-135.89     131.47
65 - 80% Choice     292     61.7  1,361-1,395   1,376 133.00-134.39     133.58
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      62     60.7    659-832      784  223.92-227.23     226.33
65 - 80% Choice      64     60.5    872-872      872  224.54-224.54     224.54
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      16     60.2    690-690      690  224.27-224.27     224.27
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      93     62.0    848-895      874  202.90-204.00     203.58
MIXED STEER/HEIFER
Over 80% Choice     209     62.8    710-844      783  219.16-228.78     225.26
65 - 80% Choice                        -                    -
35 - 65% Choice      40     62.0    644-644      644  225.41-225.41     225.41
 0 - 35% Choice      11     62.0    848-848      848  201.27-201.27     201.27
ALL STEERS & HEIFERS
                    495     61.9    644-895      799  201.27-228.78     220.67
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     135     63.3    896-896      896  222.00-222.00     222.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     182     59.5    743-859      809  205.87-218.62     212.37
65 - 80% Choice      32     59.6    856-856      856  206.82-206.82     206.82
35 - 65% Choice      27     59.3    819-819      819  202.56-202.56     202.56
 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      47     62.7  1,254-1,254   1,254 138.50-138.50     138.50
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     47     62.7  1,254-1,254   1,254 138.50-138.50     138.50
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      46     62.6  1,405-1,405   1,405 135.31-135.31     135.31
65 - 80% Choice                        -                    -
35 - 65% Choice     250     61.8  1,369-1,369   1,369 133.55-133.55     133.55
 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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