Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/14/2014

Past Market Reports

Report Date: 5/14/2014

LM_CT107
St. Joseph, MO    Wed, May 14, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 05/13/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   22,432    105,594      30,592      126,332      30,810      132,592
Live:       4,562     11,593       4,638       13,918       2,910       13,680
Total:     26,994    117,187      35,230      140,250      33,720      146,272

NEGOTIATED GRID NET:
Dressed:    1,789      6,820       2,437       10,075       4,604       12,005
Live:       1,451      2,318         844          844       1,323        1,897
Total:      3,240      9,138       3,281       10,919       5,927       13,902


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   5,127     64.0    647-991      838  214.29-276.92     241.56
65 - 80% Choice   2,600     64.2    670-929      838  214.16-243.42     235.81
35 - 65% Choice   7,286     64.1    729-941      846  222.39-241.38     235.83
 0 - 35% Choice     299     64.6    805-829      810  227.48-228.85     227.76
HEIFER
Over 80% Choice   1,389     63.6    687-916      798  232.78-273.83     245.15
65 - 80% Choice   1,696     63.8    665-804      728  225.55-236.78     231.20
35 - 65% Choice     611     63.4    660-861      741  224.93-232.78     228.42
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     883     63.3    736-907      825  232.66-258.60     242.42
65 - 80% Choice     134     63.8    668-804      737  228.32-256.60     240.48
35 - 65% Choice     194     61.6    690-859      785  220.29-233.72     226.80
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 20,219     64.0    647-991      824  214.16-276.92     237.42
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      71     63.5    815-815      815  234.71-234.71     234.71
35 - 65% Choice     396     63.9    612-741      682  223.36-227.73     225.13
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     567     60.7    762-868      800  225.38-239.88     232.31
65 - 80% Choice     357     62.0    811-894      862  221.50-228.65     224.66
35 - 65% Choice     767     61.1    702-885      824  221.50-227.13     224.40
 0 - 35% Choice      55     61.3    819-819      819  224.00-224.00     224.00


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     385     63.0  1,272-1,537   1,395 148.95-163.20     154.29
65 - 80% Choice     780     62.8  1,167-1,362   1,239 146.50-166.64     155.29
35 - 65% Choice   1,072     63.7  1,149-1,411   1,345 144.00-164.91     147.44
 0 - 35% Choice     368     62.9  1,132-1,339   1,252 139.16-146.50     145.68
HEIFER
Over 80% Choice     536     62.9  1,096-1,245   1,153 147.00-166.07     152.62
65 - 80% Choice     487     62.6  1,243-1,267   1,253 146.00-147.00     146.57
35 - 65% Choice     500     63.5    973-1,245   1,150 146.00-171.16     152.71
 0 - 35% Choice      50     64.4  1,193-1,193   1,193 146.25-146.25     146.25
MIXED STEER/HEIFER
Over 80% Choice     121     62.0  1,300-1,300   1,300 151.58-151.58     151.58
65 - 80% Choice                        -                    -
35 - 65% Choice      35     62.0  1,401-1,401   1,401 147.50-147.50     147.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,334     63.1    973-1,537   1,263 139.16-171.16     150.57
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     228     59.0  1,281-1,453   1,425 131.55-138.66     132.67
65 - 80% Choice                        -                    -
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     109     62.0    795-826      807  239.98-244.47     241.71
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     419     64.5    728-905      836  213.27-230.50     227.98
MIXED STEER/HEIFER
Over 80% Choice     136     63.9    737-862      791  237.51-244.18     240.01
65 - 80% Choice     119     63.1    775-828      790  233.22-236.00     235.18
35 - 65% Choice     160     62.8    591-857      721  210.35-231.50     219.32
 0 - 35% Choice     166     62.3    683-799      748  206.51-225.00     212.48
ALL STEERS & HEIFERS
                  1,109     63.4    591-905      793  206.51-244.47     228.01
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     680     59.4    752-931      795  218.62-233.03     229.37
65 - 80% Choice                        -                    -
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     118     62.8  1,131-1,289   1,203 138.00-145.00     142.57
 0 - 35% Choice     211     64.2  1,145-1,278   1,233 144.00-145.00     144.37
HEIFER
Over 80% Choice     110     62.7  1,176-1,176   1,176 144.30-144.30     144.30
65 - 80% Choice                        -                    -
35 - 65% Choice     121     63.8  1,128-1,159   1,149 143.00-145.00     143.66
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      36     63.6  1,367-1,367   1,367 145.00-145.00     145.00
65 - 80% Choice      43     63.0  1,163-1,163   1,163 145.00-145.00     145.00
35 - 65% Choice     164     63.5  1,084-1,161   1,112 142.25-143.38     142.68
 0 - 35% Choice     335     63.6  1,161-1,445   1,241 135.86-145.00     143.01
ALL STEERS & HEIFERS
                  1,138     63.5  1,084-1,445   1,202 135.86-145.00     143.50
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     208     62.9  1,441-1,441   1,441 139.09-139.09     139.09
35 - 65% Choice      93     62.8  1,343-1,343   1,343 138.96-138.96     138.96
 0 - 35% Choice      12     61.9  1,235-1,235   1,235 136.00-136.00     136.00


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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