Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/27/2014

Past Market Reports

Report Date: 3/27/2014

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

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 03/26/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   15,937    114,015      16,524      134,158       9,885      144,054
Live:       5,792     30,213       4,040       21,880       4,151       19,931
Total:     21,729    144,228      20,564      156,038      14,036      163,985

NEGOTIATED GRID NET:
Dressed:    3,070      9,291         900        8,804       1,458       10,893
Live:         678      1,537         589        1,561         141        1,779
Total:      3,748     10,828       1,489       10,365       1,599       12,672


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,787     63.7    831-1,010    924  235.14-268.66     247.64
65 - 80% Choice   3,084     64.4    646-1,031    902  215.98-264.05     240.98
35 - 65% Choice   2,124     64.2    716-997      834  220.83-242.29     235.86
 0 - 35% Choice     228     63.1    778-857      809  233.78-234.08     233.90
HEIFER
Over 80% Choice   2,154     63.6    705-890      819  234.03-265.99     242.32
65 - 80% Choice     216     64.8    733-810      782  233.30-240.75     236.25
35 - 65% Choice   1,111     64.4    687-938      802  233.80-240.26     237.16
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     724     62.5    707-897      806  238.28-263.73     240.95
65 - 80% Choice     342     63.6    738-831      780  232.49-245.78     238.08
35 - 65% Choice      39     59.1    721-721      721  238.00-238.00     238.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 12,809     63.9    646-1,031    860  215.98-268.66     241.18
MIXED STEER/HEIFER/COW
Over 80% Choice     455     64.3    765-928      784  224.01-240.24     236.25
65 - 80% Choice     491     64.0    697-905      811  234.20-277.29     243.91
35 - 65% Choice     374     65.8    738-920      881  206.23-236.95     233.19
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     383     61.5    733-879      811  226.14-236.00     228.20
65 - 80% Choice     710     61.5    731-905      832  223.20-233.46     228.47
35 - 65% Choice     715     61.6    824-872      847  225.18-236.00     232.04
 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   1,791     63.4  1,352-1,539   1,463 148.75-156.00     152.09
65 - 80% Choice     970     63.7  1,182-1,459   1,340 143.06-153.87     150.48
35 - 65% Choice     723     62.7  1,217-1,377   1,275 147.00-151.00     150.01
 0 - 35% Choice     165     61.2  1,439-1,439   1,439 145.00-145.00     145.00
HEIFER
Over 80% Choice     462     63.2  1,146-1,489   1,309 149.00-171.00     153.38
65 - 80% Choice   1,213     63.3  1,165-1,438   1,278 149.00-156.50     151.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      64     62.9  1,409-1,409   1,409 152.78-152.78     152.78
35 - 65% Choice     177     60.2  1,141-1,272   1,154 150.00-163.00     161.75
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,565     63.2  1,141-1,539   1,353 143.06-171.00     151.52
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     108     61.4  1,326-1,363   1,340 140.00-142.53     140.94
65 - 80% Choice                        -                    -
35 - 65% Choice     119     61.2  1,353-1,353   1,353 143.09-143.09     143.09
 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   1,037     63.0    778-923      876  238.51-241.68     240.29
65 - 80% Choice     135     63.0    791-791      791  240.55-240.55     240.55
35 - 65% Choice     180     64.4    801-831      814  223.14-235.00     230.36
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     230     61.7    867-925      912  240.00-240.44     240.34
65 - 80% Choice      48     65.8    895-895      895  241.00-241.00     241.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     108     61.9    798-1,012    912  235.70-241.24     238.14
65 - 80% Choice      75     61.8    763-922      837  232.65-234.08     233.41
35 - 65% Choice     375     64.3    664-868      830  224.42-232.30     230.97
 0 - 35% Choice     749     63.8    698-858      794  222.05-234.00     225.41
ALL STEERS & HEIFERS
                  2,937     63.4    664-1,012    845  222.05-241.68     234.47
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      99     58.5    815-864      839  219.71-224.85     222.67
65 - 80% Choice      34     59.4    858-858      858  223.98-223.98     223.98
35 - 65% Choice                        -                    -
 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                        -                    -
 0 - 35% Choice      41     64.4  1,285-1,285   1,285 147.00-147.00     147.00
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      77     63.7  1,140-1,140   1,140 148.00-148.00     148.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     162     63.8  1,280-1,281   1,281 137.86-141.66     139.67
 0 - 35% Choice     398     63.5  1,078-1,208   1,150 142.85-148.00     145.67
ALL STEERS & HEIFERS
                    678     63.7  1,078-1,285   1,188 137.86-148.00     144.58
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 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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