Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/2/2014

Past Market Reports

Report Date: 5/2/2014

LM_CT107
St. Joseph, MO    Fri, May 02, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 05/01/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   12,586    167,811      12,402      160,756      10,384      166,576
Live:       5,294     29,800       6,659       28,062       4,051       29,497
Total:     17,880    197,611      19,061      188,818      14,435      196,073

NEGOTIATED GRID NET:
Dressed:      749     11,233         733       12,773       1,692       15,957
Live:         249      2,458           0          767         362        3,004
Total:        998     13,691         733       13,540       2,054       18,961


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     500     65.5    849-926      879  234.55-242.00     237.36
65 - 80% Choice   1,718     63.8    638-943      871  221.74-234.66     229.36
35 - 65% Choice   3,960     64.0    621-944      848  220.43-242.00     228.31
 0 - 35% Choice     189     62.3    755-847      819  206.45-228.48     223.11
HEIFER
Over 80% Choice      69     65.3    789-789      789  228.98-228.98     228.98
65 - 80% Choice     402     64.3    714-789      755  228.65-234.45     231.98
35 - 65% Choice   1,355     64.4    665-825      752  226.56-233.58     229.71
 0 - 35% Choice     282     56.5    715-811      748  212.69-212.83     212.78
MIXED STEER/HEIFER
Over 80% Choice      93     65.8    876-876      876  235.14-235.14     235.14
65 - 80% Choice      97     62.6    704-795      749  233.79-238.33     236.08
35 - 65% Choice      55     62.7    762-883      835  227.59-232.24     229.45
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  8,720     63.9    621-944      830  206.45-242.00     228.98
MIXED STEER/HEIFER/COW
Over 80% Choice      40     64.2    862-862      862  241.72-241.72     241.72
65 - 80% Choice     535     64.2    760-857      780  233.00-234.26     234.00
35 - 65% Choice   1,972     63.3    848-929      868  213.75-233.00     230.56
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     473     61.5    721-936      852  222.12-231.75     225.52
65 - 80% Choice     476     60.8    765-875      836  219.28-230.69     226.95
35 - 65% Choice     370     62.1    807-885      838  220.64-228.37     224.87
 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     296     63.9  1,351-1,368   1,355 146.00-147.00     146.75
65 - 80% Choice     390     64.2  1,297-1,470   1,423 146.50-148.99     147.63
35 - 65% Choice   1,939     63.3  1,141-1,401   1,258 141.97-147.00     144.92
 0 - 35% Choice      48     60.5  1,337-1,603   1,503 144.82-145.05     144.91
HEIFER
Over 80% Choice     274     62.5  1,152-1,344   1,250 144.00-146.50     145.30
65 - 80% Choice     469     63.7  1,135-1,374   1,169 145.50-146.50     146.29
35 - 65% Choice   1,041     63.3  1,063-1,197   1,132 141.99-146.50     144.52
 0 - 35% Choice     139     61.9  1,085-1,085   1,085 143.77-143.77     143.77
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     398     64.0  1,242-1,242   1,242 142.17-142.17     142.17
 0 - 35% Choice      97     62.7  1,074-1,116   1,093 143.74-143.86     143.79
ALL STEERS & HEIFERS
                  5,091     63.4  1,063-1,603   1,235 141.97-148.99     145.03
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     133     61.5  1,302-1,347   1,323 138.84-138.84     138.84
35 - 65% Choice      70     61.7  1,359-1,359   1,359 138.84-138.84     138.84
 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      16     62.0    811-811      811  239.68-239.68     239.68
65 - 80% Choice     121     61.9    857-857      857  236.51-236.51     236.51
35 - 65% Choice                        -                    -
 0 - 35% Choice     149     63.6    772-853      832  229.47-231.00     230.61
HEIFER
Over 80% Choice      41     62.0    761-761      761  237.98-237.98     237.98
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      64     62.0    916-930      923  212.57-212.89     212.73
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     111     62.0    772-836      825  218.77-222.67     219.47
 0 - 35% Choice      44     60.6    689-689      689  226.71-226.71     226.71
ALL STEERS & HEIFERS
                    546     62.3    689-930      829  212.57-239.68     228.06
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     167     61.6    764-917      857  220.20-230.43     224.60
65 - 80% Choice      36     57.4    813-813      813  223.00-223.00     223.00
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      84     63.2  1,147-1,147   1,147 135.15-135.15     135.15
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      42     64.3  1,163-1,163   1,163 144.00-144.00     144.00
 0 - 35% Choice     123     64.1  1,209-1,212   1,211 142.98-143.00     142.99
ALL STEERS & HEIFERS
                    249     63.8  1,147-1,212   1,181 135.15-144.00     140.52
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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