Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 1/6/2016

Past Market Reports

Report Date: 1/6/2016

LM_CT107
St. Joseph, MO    Wed, Jan 06, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 01/05/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   20,515     79,230      19,314       70,906      15,447       66,872
Live:       4,621     10,722       3,314       10,233       2,590        8,744
Total:     25,136     89,952      22,628       81,139      18,037       75,616

NEGOTIATED GRID NET:
Dressed:    1,032      5,270         942        5,347         931        6,305
Live:          79        200         279          985           0          182
Total:      1,111      5,470       1,221        6,332         931        6,487


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,870     63.5    840-1,014    925  186.82-231.14     208.59
65 - 80% Choice   4,436     63.7    695-1,056    932  192.31-213.00     200.16
35 - 65% Choice   2,684     64.1    683-964      877  180.62-212.07     195.82
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   4,115     64.1    755-949      843  193.00-237.40     203.28
65 - 80% Choice     996     64.5    781-915      851  194.54-215.37     200.87
35 - 65% Choice     254     64.2    796-798      797  195.50-204.79     199.93
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     335     63.1    787-945      864  195.48-228.28     215.44
65 - 80% Choice     436     63.0    732-925      809  183.95-215.88     194.10
35 - 65% Choice     169     62.8    700-769      733  190.30-196.68     193.50
 0 - 35% Choice     208     64.8    844-901      863  190.70-191.90     191.10
ALL STEERS & HEIFERS
                 15,503     63.9    683-1,056    882  180.62-237.40     201.26
MIXED STEER/HEIFER/COW
Over 80% Choice   1,264     63.8    776-919      850  195.43-222.76     207.64
65 - 80% Choice   1,619     63.5    720-914      823  195.45-217.09     200.87
35 - 65% Choice     430     64.0    828-912      846  173.09-195.60     189.81
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,376     61.1    647-962      864  179.86-198.77     190.19
65 - 80% Choice     140     60.7    803-803      803  187.28-187.28     187.28
35 - 65% Choice     183     61.2    828-843      840  188.75-191.28     190.82
 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   1,379     64.2  1,389-1,611   1,489 134.74-137.75     135.96
65 - 80% Choice     724     63.9  1,345-1,484   1,382 123.88-134.74     126.98
35 - 65% Choice     460     63.2  1,347-1,433   1,375 123.89-136.00     134.83
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     528     63.9  1,362-1,498   1,476 135.74-135.74     135.74
65 - 80% Choice     197     63.6  1,238-1,238   1,238 135.99-135.99     135.99
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     194     63.3  1,243-1,389   1,335 122.61-154.41     134.41
65 - 80% Choice     343     64.3  1,413-1,413   1,413 123.11-123.11     123.11
35 - 65% Choice     197     63.4  1,209-1,333   1,283 135.24-136.00     135.55
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,022     63.9  1,209-1,611   1,419 122.61-154.41     133.00
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      88     61.0  1,374-1,374   1,374 115.08-115.08     115.08
35 - 65% Choice     439     61.1  1,290-1,357   1,326 113.48-115.85     115.25
 0 - 35% Choice      72     59.8  1,315-1,315   1,315 122.95-122.95     122.95


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     231     62.6    840-1,040   1,002 177.14-189.33     179.46
65 - 80% Choice                        -                    -
35 - 65% Choice      30     62.5    855-855      855  180.56-180.56     180.56
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     303     61.7    742-891      852  183.37-211.00     202.71
65 - 80% Choice                        -                    -
35 - 65% Choice     136     63.9    633-936      812  189.83-200.00     195.41
 0 - 35% Choice      42     61.9    758-758      758  190.83-190.83     190.83
ALL STEERS & HEIFERS
                    742     62.4    633-1,040    886  177.14-211.00     192.57
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     155     60.0    627-943      805  171.69-189.71     182.74
65 - 80% Choice      17     50.3    705-705      705  177.46-177.46     177.46
35 - 65% Choice     118     60.2    824-824      824  176.41-176.41     176.41
 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                        -                    -
35 - 65% Choice      79     63.8  1,316-1,316   1,316 124.00-124.00     124.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     79     63.8  1,316-1,316   1,316 124.00-124.00     124.00
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

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