Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/11/2016

Past Market Reports

Report Date: 2/11/2016

LM_CT107
St. Joseph, MO    Thu, Feb 11, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 02/10/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   17,526    118,957      12,676       96,468      11,948       91,889
Live:       4,114     12,763       1,170       10,968       2,763       21,479
Total:     21,640    131,720      13,846      107,436      14,711      113,368

NEGOTIATED GRID NET:
Dressed:      918      6,169         483        4,159       1,270        9,883
Live:         448      1,193         474          776          76          308
Total:      1,366      7,362         957        4,935       1,346       10,191


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,918     64.2    693-998      918  201.42-230.62     214.88
65 - 80% Choice   1,822     64.2    645-942      881  199.56-216.83     210.90
35 - 65% Choice   2,743     64.4    733-951      872  207.65-221.12     213.20
 0 - 35% Choice     130     63.9    793-793      793  212.40-212.40     212.40
HEIFER
Over 80% Choice   1,546     63.5    712-878      833  209.77-230.49     214.42
65 - 80% Choice   2,031     63.8    793-941      824  210.67-227.12     214.90
35 - 65% Choice     290     63.3    649-782      759  201.35-220.66     212.55
 0 - 35% Choice      43     64.8    668-668      668  209.11-209.11     209.11
MIXED STEER/HEIFER
Over 80% Choice     734     63.9    828-890      876  212.55-237.13     224.76
65 - 80% Choice     264     62.9    763-889      796  211.37-221.82     217.28
35 - 65% Choice     792     63.5    664-927      776  197.75-217.83     212.71
 0 - 35% Choice      28     61.5    831-831      831  219.74-219.74     219.74
ALL STEERS & HEIFERS
                 12,341     64.0    645-998      856  197.75-237.13     214.27
MIXED STEER/HEIFER/COW
Over 80% Choice     520     62.7    787-920      826  203.59-217.39     214.65
65 - 80% Choice     802     64.4    772-896      838  208.54-222.48     215.14
35 - 65% Choice     866     64.0    674-905      822  208.37-214.92     212.13
 0 - 35% Choice      11     61.2    828-828      828  169.84-169.84     169.84
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,298     61.1    704-902      852  200.92-213.92     209.44
65 - 80% Choice   1,459     61.3    649-917      820  196.16-213.61     208.94
35 - 65% Choice     182     61.2    838-889      853  204.11-207.42     205.74
 0 - 35% Choice      47     61.9    893-893      893  205.12-205.12     205.12


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     389     61.8  1,557-1,557   1,557 137.00-137.00     137.00
65 - 80% Choice     108     63.9  1,430-1,430   1,430 135.95-135.95     135.95
35 - 65% Choice     306     63.9  1,221-1,221   1,221 134.00-134.00     134.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      35     63.1  1,309-1,309   1,309 136.00-136.00     136.00
35 - 65% Choice   1,671     63.3  1,088-1,586   1,183 134.00-138.00     136.75
 0 - 35% Choice      67     61.3  1,435-1,435   1,435 134.00-134.00     134.00
MIXED STEER/HEIFER
Over 80% Choice      74     63.6  1,419-1,419   1,419 139.00-139.00     139.00
65 - 80% Choice     703     63.3  1,237-1,324   1,281 135.95-137.00     136.46
35 - 65% Choice     115     62.3  1,356-1,356   1,356 136.00-136.00     136.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,468     63.1  1,088-1,586   1,273 134.00-139.00     136.41
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     205     59.1  1,174-1,407   1,303 120.45-128.36     123.25
65 - 80% Choice     441     59.8  1,305-1,465   1,372 118.54-129.00     121.82
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     205     62.8    817-960      865  205.01-211.86     208.74
65 - 80% Choice     102     62.1    727-727      727  220.61-220.61     220.61
35 - 65% Choice                        -                    -
 0 - 35% Choice     147     64.7    763-763      763  220.16-220.16     220.16
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      78     67.4    710-710      710  220.18-220.18     220.18
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      92     62.4    728-853      797  216.18-216.59     216.38
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      37     62.8    879-879      879  209.23-209.23     209.23
ALL STEERS & HEIFERS
                    661     63.6    710-960      794  205.01-220.61     215.55
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     165     59.9    846-846      846  208.49-208.49     208.49
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      32     58.2    930-930      930  189.13-189.13     189.13
65 - 80% Choice      34     59.7    917-917      917  195.90-195.90     195.90
35 - 65% Choice      26     59.0    776-776      776  191.01-191.01     191.01
 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     213     62.5  1,319-1,319   1,319 136.00-136.00     136.00
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      82     62.2  1,249-1,249   1,249 137.51-137.51     137.51
 0 - 35% Choice      42     62.0  1,250-1,250   1,250 138.00-138.00     138.00
ALL STEERS & HEIFERS
                    337     62.4  1,249-1,319   1,293 136.00-138.00     136.62
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      81     65.2  1,287-1,287   1,287 125.90-125.90     125.90
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      15     60.7  1,266-1,266   1,266 128.00-128.00     128.00
 0 - 35% Choice      15     60.1  1,198-1,198   1,198 128.10-128.10     128.10


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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