Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/29/2014

Past Market Reports

Report Date: 5/29/2014

LM_CT107
St. Joseph, MO    Thu, May 29, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 05/28/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   29,275     93,054      23,645      154,201      31,121      116,866
Live:       4,347     13,237       2,272       20,965       2,365       17,391
Total:     33,622    106,291      25,917      175,166      33,486      134,257

NEGOTIATED GRID NET:
Dressed:    1,987      5,273       4,326       11,076       3,424       10,998
Live:          41      1,366         902        2,728         314        1,712
Total:      2,028      6,639       5,228       13,804       3,738       12,710


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   5,013     63.7    727-923      849  226.22-273.84     240.61
65 - 80% Choice   5,600     64.0    686-937      858  224.93-273.84     235.58
35 - 65% Choice   5,565     64.0    683-929      850  222.12-237.00     231.05
 0 - 35% Choice     549     63.9    829-897      869  229.92-234.08     232.44
HEIFER
Over 80% Choice   3,034     63.8    661-874      790  227.55-239.31     234.40
65 - 80% Choice   3,717     64.1    632-830      750  225.84-238.59     232.48
35 - 65% Choice   1,868     63.9    678-895      768  224.56-236.00     231.37
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     905     63.2    708-900      797  230.66-240.85     234.42
65 - 80% Choice   1,020     64.0    751-841      787  221.41-234.08     232.97
35 - 65% Choice     454     62.8    684-891      811  220.53-234.08     228.44
 0 - 35% Choice      15     62.3    785-785      785  221.49-221.49     221.49
ALL STEERS & HEIFERS
                 27,740     63.9    632-937      822  220.53-273.84     234.43
MIXED STEER/HEIFER/COW
Over 80% Choice     136     64.5    812-812      812  234.00-234.00     234.00
65 - 80% Choice     168     64.3    732-732      732  228.20-228.20     228.20
35 - 65% Choice      76     58.1    745-745      745  219.16-219.16     219.16
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     454     60.1    765-915      842  221.63-228.04     223.86
65 - 80% Choice     199     61.6    780-851      807  220.70-228.53     224.58
35 - 65% Choice     449     61.5    789-827      810  216.78-223.11     220.60
 0 - 35% Choice      53     61.1    670-895      717  210.05-217.56     211.61


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     450     62.1  1,257-1,409   1,373 144.00-151.00     148.11
65 - 80% Choice   1,281     61.9  1,120-1,434   1,256 143.02-147.75     146.26
35 - 65% Choice     294     63.2  1,248-1,447   1,402 144.38-146.90     146.33
 0 - 35% Choice     181     62.7  1,343-1,382   1,356 144.00-146.71     145.83
HEIFER
Over 80% Choice     293     62.4  1,124-1,124   1,124 147.16-147.16     147.16
65 - 80% Choice     678     62.4  1,077-1,301   1,187 142.11-147.75     145.74
35 - 65% Choice   1,044     61.8  1,077-1,233   1,114 144.00-147.16     146.43
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  4,221     62.1  1,077-1,447   1,228 142.11-151.00     146.46
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      42     62.7  1,386-1,386   1,386 145.00-145.00     145.00
35 - 65% Choice      84     61.6  1,326-1,326   1,326 136.38-136.38     136.38
 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     499     63.6    771-897      856  230.40-241.52     236.30
65 - 80% Choice     349     61.6    821-821      821  237.87-237.87     237.87
35 - 65% Choice     245     65.3    734-734      734  223.23-223.23     223.23
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     177     63.9    807-807      807  234.20-234.20     234.20
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      13     58.9    800-800      800  219.67-219.67     219.67
MIXED STEER/HEIFER
Over 80% Choice     257     61.9    834-908      846  231.19-233.00     232.71
65 - 80% Choice      43     61.3    863-863      863  224.79-224.79     224.79
35 - 65% Choice      51     63.8    773-857      836  223.67-229.04     225.04
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,634     63.1    734-908      822  219.67-241.52     233.10
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     285     59.4    735-854      814  221.99-229.10     225.45
65 - 80% Choice      68     58.6    731-798      764  213.46-216.84     215.10
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
 No Reportable Trade.
HEIFER
No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      41     62.9  1,284-1,284   1,284 147.00-147.00     147.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     41     62.9  1,284-1,284   1,284 147.00-147.00     147.00
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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