Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/16/2016

Past Market Reports

Report Date: 2/16/2016

LM_CT107
St. Joseph, MO    Tue, Feb 16, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 02/15/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   17,098     46,416      16,869       51,889      17,232       43,713
Live:       1,529      4,550       1,635        3,201       3,802        7,207
Total:     18,627     50,966      18,504       55,090      21,034       50,920

NEGOTIATED GRID NET:
Dressed:    1,094      2,305         743        2,226       1,064        2,046
Live:          41        167         354          354         153          153
Total:      1,135      2,472       1,097        2,580       1,217        2,199


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,718     63.8    647-1,005    925  194.26-231.48     214.95
65 - 80% Choice   3,597     63.1    766-980      881  202.00-218.81     211.25
35 - 65% Choice   1,879     64.1    742-906      842  210.13-215.95     212.69
 0 - 35% Choice     131     63.1    722-722      722  213.77-213.77     213.77
HEIFER
Over 80% Choice   1,854     63.0    692-896      820  208.00-219.84     216.35
65 - 80% Choice   1,605     64.0    712-836      796  206.00-221.64     216.13
35 - 65% Choice     172     64.4    713-881      834  208.47-214.62     210.88
 0 - 35% Choice      37     64.8    840-840      840  212.60-212.60     212.60
MIXED STEER/HEIFER
Over 80% Choice     407     63.7    667-908      850  200.03-235.35     222.99
65 - 80% Choice      13     58.0    630-630      630  201.82-201.82     201.82
35 - 65% Choice     417     63.1    692-850      773  210.25-217.34     214.53
 0 - 35% Choice     481     64.6    783-946      851  203.02-214.24     211.06
ALL STEERS & HEIFERS
                 13,311     63.6    630-1,005    858  194.26-235.35     213.98
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     376     64.1    857-902      880  208.84-210.32     209.60
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   2,608     61.9    767-914      846  200.00-214.68     207.14
65 - 80% Choice     721     61.3    777-902      836  202.09-210.22     205.57
35 - 65% Choice      82     62.3    864-864      864  208.43-208.43     208.43
 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     540     63.2  1,336-1,643   1,443 131.00-136.45     133.04
65 - 80% Choice      34     63.5  1,439-1,439   1,439 136.50-136.50     136.50
35 - 65% Choice     327     63.5  1,271-1,330   1,308 135.00-136.00     135.62
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      80     62.7  1,235-1,235   1,235 137.00-137.00     137.00
35 - 65% Choice     170     61.5  1,205-1,205   1,205 130.47-130.47     130.47
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      51     62.0  1,367-1,367   1,367 138.50-138.50     138.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,202     63.0  1,205-1,643   1,355 130.47-138.50     133.97
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     218     61.1  1,204-1,434   1,386 126.47-130.46     127.31
65 - 80% Choice     109     62.1  1,341-1,341   1,341 130.19-130.19     130.19
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      96     66.7    902-902      902  214.75-214.75     214.75
65 - 80% Choice      36     61.6    824-851      832  200.63-213.68     204.62
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     147     64.4    734-858      767  202.85-216.92     215.36
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     237     62.7    819-980      879  202.66-216.17     213.00
65 - 80% Choice      84     62.3    813-893      853  203.96-212.69     208.33
35 - 65% Choice     225     63.0    907-907      907  213.69-213.69     213.69
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    825     63.5    734-980      865  200.63-216.92     212.97
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     195     59.8    768-978      871  187.93-200.48     195.66
65 - 80% Choice      74     60.2    828-828      828  188.15-188.15     188.15
35 - 65% Choice                        -                    -
 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      41     62.5  1,385-1,385   1,385 134.34-134.34     134.34
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     41     62.5  1,385-1,385   1,385 134.34-134.34     134.34
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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