Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 8/26/2014

Past Market Reports

Report Date: 8/26/2014

LM_CT107	**CORRECTION TO NEGOTIATED GRID DRESSED STEER PRICE**
St. Joseph, MO    Tue, Aug 26, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 08/25/2014

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   18,310     54,151      14,504       46,058      28,459       59,398
Live:       5,117      5,984       2,563        4,229       4,210        4,903
Total:     23,427     60,135      17,067       50,287      32,669       64,301

NEGOTIATED GRID NET:
Dressed:    1,438      3,013       2,897        3,623       2,410        6,138
Live:         637      1,124         700        1,539       1,089        1,089
Total:      2,075      4,137       3,597        5,162       3,499        7,227


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,428     64.5    735-954      870  238.80-272.44     249.48
65 - 80% Choice   3,209     65.1    665-973      887  228.48-247.59     242.71
35 - 65% Choice   1,823     64.6    713-992      845  235.09-247.87     240.36
 0 - 35% Choice   2,211     63.3    719-967      888  237.22-244.60     242.31
HEIFER
Over 80% Choice   1,293     64.8    765-846      798  242.25-272.02     248.92
65 - 80% Choice   1,151     64.5    688-832      787  240.59-248.51     244.84
35 - 65% Choice   1,990     65.0    646-962      801  238.90-247.03     244.14
 0 - 35% Choice     378     65.1    644-856      810  238.88-243.00     242.28
MIXED STEER/HEIFER
Over 80% Choice     210     64.0    680-854      813  229.18-270.70     260.81
65 - 80% Choice     236     62.8    740-861      761  243.89-252.02     248.79
35 - 65% Choice     179     63.2    710-800      777  239.19-246.88     244.38
 0 - 35% Choice     125     63.4    796-832      808  242.00-243.00     242.66
ALL STEERS & HEIFERS
                 16,233     64.5    644-992      848  228.48-272.44     244.97
MIXED STEER/HEIFER/COW
Over 80% Choice      69     62.2    794-794      794  242.61-242.61     242.61
65 - 80% Choice   1,132     65.0    743-817      793  243.59-247.26     244.63
35 - 65% Choice     457     64.7    732-842      789  235.08-242.52     239.54
 0 - 35% Choice      74     62.0    894-894      894  234.86-234.86     234.86
DAIRYBRED STEER/HEIFER
Over 80% Choice      68     60.5    862-862      862  244.45-244.45     244.45
65 - 80% Choice      19     58.0    782-782      782  234.19-234.19     234.19
35 - 65% Choice     258     62.0    746-908      858  227.93-240.80     237.26
 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     156     64.0  1,381-1,427   1,395 154.00-156.50     155.65
65 - 80% Choice   1,113     63.7  1,288-1,495   1,417 155.50-157.42     156.72
35 - 65% Choice   1,165     63.5  1,231-1,490   1,399 152.96-157.42     155.94
 0 - 35% Choice     510     62.8  1,287-1,304   1,295 155.50-156.00     155.78
HEIFER
Over 80% Choice     541     63.0  1,196-1,344   1,261 153.04-157.42     156.27
65 - 80% Choice     257     61.8  1,246-1,468   1,321 155.00-156.50     155.51
35 - 65% Choice   1,015     63.1  1,128-1,286   1,209 152.80-156.50     154.94
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     159     61.8  1,153-1,316   1,268 153.00-154.00     153.37
65 - 80% Choice     140     62.0  1,333-1,333   1,333 169.25-169.25     169.25
35 - 65% Choice      61     61.2  1,104-1,354   1,252 154.00-154.00     154.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,117     63.1  1,104-1,495   1,329 152.80-169.25     156.16
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     284     63.6    708-936      851  247.70-253.00**   250.64**
65 - 80% Choice      48     60.9    672-672      672  255.95-255.95     255.95
35 - 65% Choice     251     65.3    772-820      794  238.38-241.70     239.64
 0 - 35% Choice     289     62.8    808-991      872  242.00-243.00     242.43
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      89     63.2    750-770      760  240.00-255.52     247.67
65 - 80% Choice      37     63.5    731-731      731  247.05-247.05     247.05
35 - 65% Choice     156     63.9    714-866      822  241.05-243.85     242.82
 0 - 35% Choice     162     64.2    838-886      860  236.71-244.00     242.32
ALL STEERS & HEIFERS
                  1,316     63.7    672-991      826  236.71-255.95     244.68
MIXED STEER/HEIFER/COW
Over 80% Choice      39     62.2    768-768      768  248.67-248.67     248.67
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      51     57.2    718-852      807  231.63-243.80     236.83
65 - 80% Choice      16     56.4    820-820      820  237.98-237.98     237.98
35 - 65% Choice      16     58.5    833-833      833  230.13-230.13     230.13
 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      78     64.9  1,218-1,218   1,218 153.00-153.00     153.00
 0 - 35% Choice      37     64.9  1,298-1,298   1,298 153.50-153.50     153.50
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     522     63.9  1,088-1,387   1,186 148.49-154.00     152.22
ALL STEERS & HEIFERS
                    637     64.1  1,088-1,387   1,196 148.49-154.00     152.39
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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