Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/27/2014

Past Market Reports

Report Date: 2/27/2014

LM_CT107
St. Joseph, MO    Thu, Feb 27, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 02/26/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   17,445    113,083      15,690      118,923      15,895       98,865
Live:       4,941     20,644       6,118       29,899       7,355       21,213
Total:     22,386    133,727      21,808      148,822      23,250      120,078

NEGOTIATED GRID NET:
Dressed:    1,050      8,935       1,753        5,929       2,908       10,753
Live:           0      1,384         906        3,832         377        1,062
Total:      1,050     10,319       2,659        9,761       3,285       11,815


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,530     63.7    720-1,026    907  216.30-258.89     233.17
65 - 80% Choice   2,174     64.6    847-982      919  220.13-232.60     225.54
35 - 65% Choice   3,105     64.5    768-979      867  219.36-228.80     225.15
 0 - 35% Choice   1,260     64.1    660-999      814  222.29-231.81     227.89
HEIFER
Over 80% Choice   1,427     63.4    688-901      839  213.62-232.75     226.30
65 - 80% Choice     789     63.7    743-938      815  225.52-228.29     227.62
35 - 65% Choice     136     63.2    876-876      876  227.75-227.75     227.75
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     341     63.3    727-905      842  223.70-256.24     233.25
65 - 80% Choice     276     66.2    967-967      967  220.31-220.31     220.31
35 - 65% Choice     497     64.4    674-819      794  219.35-224.83     220.00
 0 - 35% Choice      81     63.6    708-708      708  229.26-229.26     229.26
ALL STEERS & HEIFERS
                 13,616     64.1    660-1,026    873  213.62-258.89     227.77
MIXED STEER/HEIFER/COW
Over 80% Choice     335     62.1    765-840      783  227.42-230.00     229.36
65 - 80% Choice     638     64.2    734-849      810  221.01-229.29     226.32
35 - 65% Choice     166     60.3    783-820      803  196.17-224.61     210.02
 0 - 35% Choice   1,624     57.8    632-1,054    903  185.56-221.17     197.97
DAIRYBRED STEER/HEIFER
Over 80% Choice     123     60.5    776-776      776  218.99-218.99     218.99
65 - 80% Choice     325     60.5    746-887      810  217.14-222.62     219.09
35 - 65% Choice     551     61.0    729-890      821  211.67-221.90     217.77
 0 - 35% Choice      67     60.6    805-805      805  221.90-221.90     221.90


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,523     62.9  1,317-1,537   1,407 143.00-152.50     148.77
65 - 80% Choice     939     63.4  1,058-1,535   1,412 144.00-148.25     146.97
35 - 65% Choice     583     63.5  1,224-1,479   1,312 144.00-145.50     145.07
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     290     62.8  1,070-1,304   1,211 144.75-146.00     145.48
65 - 80% Choice     439     63.6  1,170-1,467   1,226 145.00-145.50     145.37
35 - 65% Choice     472     63.7  1,061-1,432   1,141 144.00-145.00     144.32
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     115     63.2  1,301-1,643   1,607 145.95-157.60     147.17
65 - 80% Choice     148     62.6  1,225-1,653   1,537 145.95-152.11     147.61
35 - 65% Choice     142     62.4  1,141-1,335   1,231 144.56-145.00     144.76
 0 - 35% Choice      72     63.8  1,170-1,170   1,170 145.00-145.00     145.00
ALL STEERS & HEIFERS
                  4,723     63.2  1,058-1,653   1,341 143.00-157.60     146.74
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      79     59.8  1,352-1,352   1,352 134.25-134.25     134.25
65 - 80% Choice     139     58.8  1,416-1,416   1,416 131.33-131.33     131.33
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     270     63.2    927-976      954  225.95-225.97     225.96
65 - 80% Choice     191     63.6    828-995      960  224.69-225.96     225.69
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      69     63.1    756-756      756  223.22-223.22     223.22
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     314     63.1    772-857      829  225.54-229.84     227.43
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    844     63.3    756-995      893  223.22-229.84     226.22
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      80     58.9    894-894      894  207.10-207.10     207.10
DAIRYBRED STEER/HEIFER
Over 80% Choice     126     59.8    837-954      894  211.04-219.94     216.16
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
 No Reportable Trade.


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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