Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 2/26/2016

Past Market Reports

Report Date: 2/26/2016

LM_CT107
St. Joseph, MO    Fri, Feb 26, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 02/25/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   14,762    137,651      27,943      157,054      12,400      122,359
Live:       3,755     19,372       3,650       21,685       2,998       26,616
Total:     18,517    157,023      31,593      178,739      15,398      148,975

NEGOTIATED GRID NET:
Dressed:      352      8,852       1,136        8,660         767        7,288
Live:         191        647         164          833           0           70
Total:        543      9,499       1,300        9,493         767        7,358


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,251     64.3    722-993      950  198.23-220.91     213.55
65 - 80% Choice   2,577     63.7    808-966      909  204.00-219.56     211.21
35 - 65% Choice   3,260     64.4    810-898      864  207.36-219.42     210.09
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,161     64.3    714-913      860  210.01-238.68     214.67
65 - 80% Choice   2,510     63.7    768-899      840  211.72-214.20     213.11
35 - 65% Choice     467     64.6    786-835      808  210.56-212.98     211.41
 0 - 35% Choice     241     63.7    814-814      814  209.75-209.75     209.75
MIXED STEER/HEIFER
Over 80% Choice     101     60.4    789-815      803  210.03-219.09     215.33
65 - 80% Choice     210     62.9    714-862      846  205.05-213.93     211.45
35 - 65% Choice     458     63.0    706-851      761  197.81-211.43     208.62
 0 - 35% Choice     204     65.9    851-915      872  208.89-209.76     209.18
ALL STEERS & HEIFERS
                 13,440     64.0    706-993      875  197.81-238.68     211.88
MIXED STEER/HEIFER/COW
Over 80% Choice     281     63.7    709-859      792  210.00-215.36     213.58
65 - 80% Choice      89     61.5    828-914      847  207.86-210.15     208.35
35 - 65% Choice      46     61.1    865-865      865  201.03-201.03     201.03
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     177     59.4    627-916      772  196.28-206.20     199.00
65 - 80% Choice     616     60.7    741-875      830  197.69-206.70     204.76
35 - 65% Choice     113     60.8    888-888      888  192.40-203.23     196.71
 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     910     63.1  1,359-1,596   1,523 133.82-137.00     134.89
65 - 80% Choice     388     62.5  1,345-1,595   1,488 134.00-134.50     134.21
35 - 65% Choice     319     63.5  1,205-1,362   1,285 135.00-136.00     135.49
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     120     63.5  1,453-1,453   1,453 137.00-137.00     137.00
65 - 80% Choice                        -                    -
35 - 65% Choice     933     62.9  1,236-1,268   1,252 135.00-135.00     135.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     654     64.2  1,204-1,501   1,385 134.00-154.67     140.98
65 - 80% Choice      63     63.2  1,379-1,379   1,379 134.00-134.00     134.00
35 - 65% Choice     261     62.2  1,286-1,414   1,316 133.00-136.00     135.46
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,648     63.2  1,204-1,596   1,385 133.00-154.67     136.09
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     107     61.9  1,443-1,443   1,443 126.00-126.00     126.00
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      53     61.9    745-911      786  200.45-213.45     210.26
65 - 80% Choice                        -                    -
35 - 65% Choice      37     63.3    875-875      875  206.90-206.90     206.90
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      40     62.6    728-728      728  217.21-217.21     217.21
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      77     64.5    722-878      797  211.27-212.50     211.91
65 - 80% Choice                        -                    -
35 - 65% Choice      79     62.7    746-780      762  198.09-202.69     200.19
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    286     63.1    722-911      786  198.09-217.21     208.46
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      36     59.4    797-797      797  200.00-200.00     200.00
65 - 80% Choice      30     56.3    806-807      807  187.14-193.48     191.16
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     115     62.5  1,286-1,431   1,330 128.60-132.42     131.26
 0 - 35% Choice      76     62.8  1,327-1,327   1,327 131.61-131.61     131.61
ALL STEERS & HEIFERS
                    191     62.6  1,286-1,431   1,329 128.60-132.42     131.40
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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