Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/7/2014

Past Market Reports

Report Date: 5/7/2014

LM_CT107
St. Joseph, MO    Wed, May 07, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 05/06/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   30,544    126,144      27,659      102,076      24,000      113,489
Live:       4,389     13,669       4,515       13,195       6,058       15,820
Total:     34,933    139,813      32,174      115,271      30,058      129,309

NEGOTIATED GRID NET:
Dressed:    2,437     10,111         559        6,719       3,517       11,156
Live:         844        844         560        2,092         567        2,709
Total:      3,281     10,955       1,119        8,811       4,084       13,865


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   6,370     63.7    684-960      867  225.04-274.50     239.20
65 - 80% Choice   4,760     64.0    664-939      846  221.49-240.71     234.61
35 - 65% Choice   5,173     64.2    715-935      854  211.76-238.65     232.20
 0 - 35% Choice     890     62.9    698-919      816  227.41-237.64     232.80
HEIFER
Over 80% Choice   3,250     64.0    690-896      792  228.61-274.50     238.91
65 - 80% Choice   2,600     63.4    653-817      740  229.77-244.87     235.25
35 - 65% Choice   2,238     63.5    634-917      750  228.98-239.97     234.44
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,562     62.5    701-953      818  232.13-274.50     238.27
65 - 80% Choice     426     61.8    744-892      813  230.79-258.61     236.23
35 - 65% Choice     737     62.0    730-845      784  231.45-238.00     234.48
 0 - 35% Choice     343     62.1    777-777      777  236.10-236.10     236.10
ALL STEERS & HEIFERS
                 28,349     63.7    634-960      823  211.76-274.50     235.92
MIXED STEER/HEIFER/COW
Over 80% Choice     102     62.1    694-829      745  229.13-234.16     232.24
65 - 80% Choice                        -                    -
35 - 65% Choice     111     61.4    721-759      737  225.83-227.19     226.39
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     760     61.1    809-921      876  219.18-229.56     225.86
65 - 80% Choice     678     61.0    793-929      871  220.51-228.55     223.83
35 - 65% Choice     420     60.9    777-872      836  222.03-225.51     224.40
 0 - 35% Choice     124     61.6    827-844      836  223.38-223.38     223.38


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,100     62.8  1,091-1,471   1,302 142.05-170.32     154.35
65 - 80% Choice     335     62.0  1,160-1,222   1,197 147.00-164.97     159.32
35 - 65% Choice   1,242     63.1  1,133-1,344   1,253 146.00-147.00     146.50
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      38     61.7  1,312-1,312   1,312 161.25-161.25     161.25
65 - 80% Choice      86     64.0  1,244-1,244   1,244 147.00-147.00     147.00
35 - 65% Choice     930     63.1  1,032-1,269   1,199 146.00-169.07     149.72
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      35     59.0  1,481-1,481   1,481 147.50-147.50     147.50
65 - 80% Choice     209     61.9  1,404-1,404   1,404 146.25-146.25     146.25
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,975     62.8  1,032-1,481   1,260 142.05-170.32     150.65
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     221     59.3  1,338-1,474   1,449 130.06-136.63     131.25
65 - 80% Choice                        -                    -
35 - 65% Choice     193     61.6  1,331-1,331   1,331 137.20-137.20     137.20
 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     230     63.5    773-889      813  237.65-240.22     238.35
65 - 80% Choice     259     65.3    766-766      766  224.93-224.93     224.93
35 - 65% Choice     711     65.3    769-781      774  224.73-225.02     224.85
 0 - 35% Choice      75     62.8    821-821      821  228.85-228.85     228.85
HEIFER
Over 80% Choice     201     62.3    700-743      719  236.97-242.07     238.11
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     286     63.2    761-890      796  235.98-244.20     238.88
65 - 80% Choice     120     61.9    750-832      798  222.71-237.32     231.84
35 - 65% Choice     107     65.1    847-847      847  230.00-230.00     230.00
 0 - 35% Choice      35     62.0    847-847      847  213.53-213.53     213.53
ALL STEERS & HEIFERS
                  2,024     64.1    700-890      783  213.53-244.20     230.33
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     328     59.6    754-866      812  212.80-227.93     224.36
65 - 80% Choice      85     58.4    753-798      777  215.33-220.91     217.95
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     106     63.7  1,263-1,402   1,302 138.43-143.00     141.88
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      56     64.6  1,136-1,136   1,136 141.84-141.84     141.84
 0 - 35% Choice      37     63.4  1,321-1,321   1,321 142.98-142.98     142.98
MIXED STEER/HEIFER
Over 80% Choice      41     64.0  1,241-1,241   1,241 150.00-150.00     150.00
65 - 80% Choice                        -                    -
35 - 65% Choice      67     63.6  1,160-1,313   1,256 142.31-144.27     143.54
 0 - 35% Choice     254     64.8  1,266-1,370   1,280 142.78-145.00     143.40
ALL STEERS & HEIFERS
                    561     64.3  1,136-1,402   1,267 138.43-150.00     143.43
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     146     62.4  1,456-1,456   1,456 137.99-137.99     137.99
35 - 65% Choice     137     61.7  1,389-1,389   1,389 136.45-136.45     136.45
 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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