Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, Jul 24, 2013    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:   28,144    156,722      17,458      154,086      29,625      142,952
Live:       1,750     17,808       2,707       18,080       2,179       22,698
Total:     29,894    174,530      20,165      172,166      31,804      165,650

NEGOTIATED GRID NET:
Dressed:    2,751     16,551       1,429       10,670       3,402       13,779
Live:           0      2,200           0        2,732           0        2,131
Total:      2,751     18,751       1,429       13,402       3,402       15,910


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,781     63.9    700-963      883  190.02-220.51     200.20
65 - 80% Choice   1,892     65.0    749-949      904  187.23-195.99     193.10
35 - 65% Choice   9,892     64.9    759-974      888  184.33-195.75     189.25
 0 - 35% Choice   1,206     65.1    849-897      877  182.78-188.51     186.35
HEIFER
Over 80% Choice   1,288     64.4    691-820      760  188.70-219.91     198.41
65 - 80% Choice   3,458     64.5    672-878      779  182.87-193.47     189.77
35 - 65% Choice   4,144     64.7    672-902      772  184.12-193.39     188.53
 0 - 35% Choice      67     63.1    752-752      752  189.74-189.74     189.74
MIXED STEER/HEIFER
Over 80% Choice     579     63.5    699-889      823  186.80-195.96     192.97
65 - 80% Choice     459     62.9    707-865      762  188.11-194.37     191.20
35 - 65% Choice     354     62.9    690-909      835  184.74-192.87     189.94
 0 - 35% Choice     239     60.5    715-768      753  186.17-187.48     187.18
ALL STEERS & HEIFERS
                 25,359     64.6    672-974      842  182.78-220.51     190.70
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      67     61.9    814-814      814  184.71-184.71     184.71
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     187     62.5    860-918      878  177.84-184.66     183.06
65 - 80% Choice   1,575     62.3    644-916      850  179.07-185.40     182.32
35 - 65% Choice     956     62.3    796-968      880  178.72-187.68     182.94
 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      40     63.0  1,254-1,254   1,254 134.01-134.01     134.01
65 - 80% Choice     749     63.7  1,126-1,425   1,354 119.50-134.78     123.39
35 - 65% Choice     328     63.3  1,514-1,521   1,518 120.00-120.05     120.02
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      95     64.0  1,139-1,139   1,139 136.11-136.11     136.11
65 - 80% Choice      41     64.2  1,197-1,197   1,197 119.00-119.00     119.00
35 - 65% Choice     325     63.6  1,165-1,165   1,165 119.00-119.00     119.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  1,578     63.6  1,126-1,521   1,330 119.00-136.11     122.70
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     172     63.0  1,333-1,333   1,333 111.00-111.00     111.00
 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     180     63.7    794-889      852  194.36-199.36     196.01
65 - 80% Choice     645     63.5    804-934      880  192.06-194.30     192.98
35 - 65% Choice     292     63.6    833-912      872  190.72-195.39     192.63
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     177     64.1    766-800      792  193.63-194.37     193.81
65 - 80% Choice      40     62.6    904-904      904  181.79-181.79     181.79
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     140     64.1    704-846      780  194.27-196.52     195.30
65 - 80% Choice     126     63.9    741-906      802  191.45-196.11     193.05
35 - 65% Choice      89     63.5    676-961      775  167.73-191.68     181.15
 0 - 35% Choice      17     61.0    783-783      783  181.39-181.39     181.39
ALL STEERS & HEIFERS
                  1,706     63.6    676-961      847  167.73-199.36     192.53
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      12     60.6    754-754      754  186.50-186.50     186.50
35 - 65% Choice      11     59.6    708-708      708  182.77-182.77     182.77
 0 - 35% Choice     425     58.1    689-1,045    840  157.82-181.64     173.75
DAIRYBRED STEER/HEIFER
Over 80% Choice      69     60.0    836-862      850  181.57-185.00     183.36
65 - 80% Choice     458     60.7    724-888      824  176.28-184.68     182.89
35 - 65% Choice      70     58.9    799-859      828  181.42-184.00     182.67
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
 No Reportable Trade.


Source:    USDA Market News Service, St. Joseph, MO
           816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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