Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/17/2016

Past Market Reports

Report Date: 2/17/2016

LM_CT107
St. Joseph, MO    Wed, Feb 17, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 02/16/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   14,803     82,845      20,499       87,033      14,952       75,297
Live:         884      9,541       1,602        6,308       3,321       12,959
Total:     15,687     92,386      22,101       93,341      18,273       88,256

NEGOTIATED GRID NET:
Dressed:      475      3,635         778        4,221       1,838        4,903
Live:         245        445           0          354           0          153
Total:        720      4,080         778        4,575       1,838        5,056


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,851     63.1    798-994      906  202.27-246.35     218.95
65 - 80% Choice   3,254     64.0    793-1,016    884  200.32-219.13     212.44
35 - 65% Choice   1,700     64.9    778-931      858  206.13-217.86     211.10
 0 - 35% Choice      35     62.7    812-812      812  208.15-208.15     208.15
HEIFER
Over 80% Choice   1,416     63.3    767-923      865  207.98-249.86     221.61
65 - 80% Choice     979     63.7    752-872      825  206.00-220.13     214.29
35 - 65% Choice     241     64.2    704-915      853  210.51-239.98     218.43
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     771     62.7    811-934      852  206.95-248.77     231.95
65 - 80% Choice      49     61.8    718-843      777  206.00-214.58     210.55
35 - 65% Choice     167     63.9    803-873      824  211.14-216.43     214.71
 0 - 35% Choice     449     64.8    788-930      868  210.12-214.24     211.76
ALL STEERS & HEIFERS
                 12,912     63.7    704-1,016    876  200.32-249.86     216.62
MIXED STEER/HEIFER/COW
Over 80% Choice     212     64.1    917-951      928  208.28-211.59     209.23
65 - 80% Choice     782     62.9    713-805      788  210.41-218.41     214.95
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     259     60.5    618-900      802  201.56-210.22     205.80
65 - 80% Choice     565     60.8    752-920      822  202.78-210.94     207.91
35 - 65% Choice      73     61.2    856-856      856  209.15-209.15     209.15
 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     599     62.8  1,450-1,673   1,506 131.43-135.23     134.23
65 - 80% Choice      40     64.4  1,151-1,151   1,151 134.70-134.70     134.70
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      34     62.0  1,218-1,218   1,218 131.59-131.59     131.59
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     211     63.2  1,373-1,486   1,423 134.00-134.04     134.01
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    884     62.9  1,151-1,673   1,459 131.43-135.23     134.10
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      92     61.7    851-947      910  198.90-214.31     207.18
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      73     62.5    783-900      844  203.72-207.00     205.43
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    165     62.1    783-947      881  198.90-214.31     206.41
MIXED STEER/HEIFER/COW
Over 80% Choice      32     62.9    769-769      769  202.46-202.46     202.46
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     121     59.3    824-907      874  187.33-196.64     192.32
65 - 80% Choice      98     58.0    805-904      830  184.49-189.88     186.89
35 - 65% Choice      59     55.9    757-824      802  180.33-186.50     185.01
 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                        -                    -
 0 - 35% Choice     114     63.0  1,306-1,306   1,306 136.00-136.00     136.00
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      92     63.7  1,363-1,363   1,363 133.00-133.00     133.00
65 - 80% Choice                        -                    -
35 - 65% Choice      39     63.9  1,145-1,145   1,145 136.00-136.00     136.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    245     63.4  1,145-1,363   1,302 133.00-136.00     134.87
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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