Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 6/16/2014

Past Market Reports

Report Date: 6/16/2014

LM_CT108
St. Joseph, MO    Mon, Jun 16, 2014    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   45,280     45,280      42,485       42,485      43,756       43,756
Live:       2,788      2,788       1,897        1,897       2,193        2,193
Total:     48,068     48,068      44,382       44,382      45,949       45,949

NEGOTIATED GRID NET:
Dressed:      966        966       1,240        1,240       2,759        2,759
Live:         296        296           0            0         619          619
Total:      1,262      1,262       1,240        1,240       3,378        3,378


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   5,634     63.3    698-1,012    836  228.89-259.09     237.29
65 - 80% Choice   5,203     63.8    785-984      865  225.41-239.96     232.95
35 - 65% Choice   9,970     64.4    690-940      856  221.84-237.43     230.64
 0 - 35% Choice   2,286     63.1    802-905      867  230.07-237.34     234.14
HEIFER
Over 80% Choice   4,866     63.4    645-852      778  229.85-254.75     236.35
65 - 80% Choice   6,846     63.7    687-863      779  229.23-241.41     233.11
35 - 65% Choice   5,293     63.8    674-841      758  225.92-238.03     231.34
 0 - 35% Choice     488     64.2    770-810      799  231.87-237.34     232.67
MIXED STEER/HEIFER
Over 80% Choice   1,643     63.5    692-903      821  230.05-241.22     234.36
65 - 80% Choice     658     62.9    695-988      839  223.99-234.92     230.71
35 - 65% Choice     305     63.3    684-858      804  227.60-233.64     231.97
 0 - 35% Choice      26     65.9    801-801      801  237.34-237.34     237.34
ALL STEERS & HEIFERS
                 43,218     63.8    645-1,012    819  221.84-259.09     233.27
MIXED STEER/HEIFER/COW
Over 80% Choice      42     64.4    875-875      875  234.79-234.79     234.79
65 - 80% Choice      49     59.6    783-903      815  225.36-226.36     225.63
35 - 65% Choice     155     61.2    754-834      810  213.80-226.80     222.85
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     885     62.2    692-960      868  219.45-230.01     225.87
65 - 80% Choice     655     61.9    772-863      821  218.24-227.19     225.50
35 - 65% Choice      71     61.0    851-855      853  219.89-222.75     221.34
 0 - 35% Choice     205     63.0    800-800      800  222.82-222.82     222.82


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      99     63.3  1,311-1,311   1,311 147.00-147.00     147.00
65 - 80% Choice     330     63.0  1,351-1,351   1,351 146.00-146.00     146.00
35 - 65% Choice   1,674     63.4  1,132-1,440   1,287 141.91-145.50     144.55
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      94     62.1  1,193-1,193   1,193 146.00-146.00     146.00
65 - 80% Choice     179     62.2  1,187-1,413   1,267 144.00-145.50     145.11
35 - 65% Choice     308     63.3  1,153-1,237   1,185 145.00-145.50     145.36
 0 - 35% Choice      81     61.6  1,120-1,277   1,162 145.00-145.00     145.00
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  2,765     63.2  1,120-1,440   1,276 141.91-147.00     145.00
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      23     61.4  1,312-1,312   1,312 132.25-132.25     132.25
 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                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     280     63.0    841-841      841  234.06-234.06     234.06
HEIFER
Over 80% Choice     115     63.5    852-862      854  232.31-234.51     234.05
65 - 80% Choice      14     64.1    699-699      699  227.36-227.36     227.36
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     115     63.9    747-819      774  230.61-240.39     236.13
65 - 80% Choice      33     62.4    723-759      746  218.92-221.86     220.79
35 - 65% Choice      39     62.4    792-792      792  224.27-224.27     224.27
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    596     63.2    699-862      819  218.92-240.39     232.92
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      40     56.6    767-767      767  215.10-215.10     215.10
DAIRYBRED STEER/HEIFER
Over 80% Choice     136     60.6    840-884      862  228.74-229.77     229.46
65 - 80% Choice     132     60.2    722-888      790  214.82-228.40     223.32
35 - 65% Choice      62     59.2    863-892      880  220.85-222.92     221.72
 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
 No Reportable Trade.
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     183     61.5  1,393-1,393   1,393 134.93-134.93     134.93
35 - 65% Choice     113     61.4  1,383-1,402   1,398 134.74-134.74     134.74
 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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