Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/11/2015

Past Market Reports

Report Date: 3/11/2015

LM_CT107
St. Joseph, MO    Wed, Mar 11, 2015    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 03/10/2015

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   12,834     71,691      15,445       70,826      16,774       89,331
Live:       4,179     16,188         644        9,993       4,152        7,832
Total:     17,013     87,879      16,089       80,819      20,926       97,163

NEGOTIATED GRID NET:
Dressed:      606      4,166         370        3,043       1,921        7,116
Live:         350        502           0          206           0        1,327
Total:        956      4,668         370        3,249       1,921        8,443


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,318     63.8    769-972      890  245.12-293.33     264.24
65 - 80% Choice   1,948     63.8    741-888      832  245.72-257.81     250.94
35 - 65% Choice     503     64.0    787-872      845  247.20-255.16     251.42
 0 - 35% Choice   1,874     63.3    793-979      896  242.09-277.03     258.89
HEIFER
Over 80% Choice   1,248     63.9    704-981      781  247.83-288.94     256.19
65 - 80% Choice     572     63.4    698-905      786  249.44-256.64     252.48
35 - 65% Choice     162     63.3    712-751      721  248.58-256.13     254.27
 0 - 35% Choice     338     64.3    806-936      848  258.19-275.15     262.50
MIXED STEER/HEIFER
Over 80% Choice     308     63.5    746-885      828  251.18-287.24     263.71
65 - 80% Choice     422     64.2    794-947      864  248.92-254.66     254.02
35 - 65% Choice     392     64.1    678-801      752  243.70-249.41     247.13
 0 - 35% Choice     118     63.0    754-853      807  243.54-258.00     250.11
ALL STEERS & HEIFERS
                 11,203     63.7    678-981      849  242.09-293.33     257.62
MIXED STEER/HEIFER/COW
Over 80% Choice     387     62.0    767-920      877  238.47-255.65     248.41
65 - 80% Choice     333     63.1    725-805      786  239.21-255.33     252.70
35 - 65% Choice      35     63.2    846-846      846  232.84-232.84     232.84
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     599     60.7    743-868      831  241.03-246.80     245.10
65 - 80% Choice     242     60.3    738-834      788  245.00-249.60     247.18
35 - 65% Choice      35     63.2    907-907      907  244.55-244.55     244.55
 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   1,220     63.3  1,282-1,592   1,460 160.00-164.00     161.84
65 - 80% Choice     546     63.0  1,320-1,471   1,441 160.50-160.80     160.76
35 - 65% Choice     368     63.8  1,263-1,473   1,344 158.05-164.00     161.69
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     478     63.3  1,196-1,454   1,360 163.00-173.67     165.68
65 - 80% Choice     777     63.4  1,127-1,408   1,291 160.80-164.00     162.32
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     362     63.1  1,240-1,396   1,298 161.50-182.52     173.11
65 - 80% Choice                        -                    -
35 - 65% Choice     150     64.0  1,104-1,307   1,173 161.50-164.00     163.15
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,901     63.3  1,104-1,592   1,375 158.05-182.52     163.34
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     130     61.2  1,398-1,398   1,398 153.00-153.00     153.00
65 - 80% Choice     148     62.3  1,378-1,378   1,378 156.00-156.00     156.00
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      37     63.7    871-871      871  253.88-253.88     253.88
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     119     62.4    752-752      752  254.00-254.00     254.00
MIXED STEER/HEIFER
Over 80% Choice      26     62.0    755-896      815  260.93-268.53     265.31
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     137     60.7    821-837      826  258.00-259.00     258.34
ALL STEERS & HEIFERS
                    319     61.8    752-896      803  253.88-268.53     256.77
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      39     63.9    881-881      881  236.39-236.39     236.39
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      59     60.7    824-943      853  237.72-246.39     244.14
65 - 80% Choice      42     57.3    817-844      836  240.61-242.36     241.11
35 - 65% Choice                        -                    -
 0 - 35% Choice     147     59.9    875-875      875  244.00-244.00     244.00


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
 No Reportable Trade.
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     265     59.1  1,420-1,420   1,420 145.95-145.95     145.95
65 - 80% Choice      85     61.4  1,238-1,238   1,238 148.76-148.76     148.76
35 - 65% Choice                        -                    -
 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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