Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/1/2016

Past Market Reports

Report Date: 3/1/2016

LM_CT107
St. Joseph, MO    Tue, Mar 01, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 02/29/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   16,916     47,378      11,742       47,697      10,656       40,022
Live:       2,848      4,808       2,229        4,288       3,565        7,518
Total:     19,764     52,186      13,971       51,985      14,221       47,540

NEGOTIATED GRID NET:
Dressed:    1,061      2,091         552        3,063         898        1,699
Live:         477        513           0            0         206          206
Total:      1,538      2,604         552        3,063       1,104        1,905


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,673     63.5    715-1,043    903  191.78-233.43     214.34
65 - 80% Choice   2,652     63.6    748-961      880  202.97-215.00     212.38
35 - 65% Choice   2,287     64.6    785-977      881  205.31-217.41     210.20
 0 - 35% Choice     114     64.5    787-787      787  210.48-210.48     210.48
HEIFER
Over 80% Choice   2,391     64.1    782-897      848  209.58-237.37     215.79
65 - 80% Choice   1,610     63.8    719-892      820  209.87-214.25     213.12
35 - 65% Choice     182     64.4    758-777      769  209.41-213.71     211.35
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     993     64.0    664-1,010    912  202.69-231.18     223.59
65 - 80% Choice     191     63.7    675-986      799  189.26-214.50     203.71
35 - 65% Choice     117     64.9    832-859      841  204.90-206.54     205.42
 0 - 35% Choice     200     63.4    811-960      884  202.15-211.19     205.28
ALL STEERS & HEIFERS
                 13,410     63.9    664-1,043    870  189.26-237.37     213.60
MIXED STEER/HEIFER/COW
Over 80% Choice     132     63.5    817-878      856  209.65-213.86     211.15
65 - 80% Choice     241     62.2    734-981      768  188.57-214.09     208.66
35 - 65% Choice      30     64.8    877-877      877  198.73-198.73     198.73
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,381     62.1    776-946      836  195.63-212.83     204.71
65 - 80% Choice   1,028     61.7    573-893      856  190.31-207.65     206.46
35 - 65% Choice     694     61.3    786-903      840  202.38-206.92     204.35
 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     393     63.1  1,301-1,548   1,451 134.00-155.15     147.81
65 - 80% Choice     339     64.1  1,416-1,506   1,491 134.32-135.00     134.43
35 - 65% Choice     187     62.9  1,271-1,406   1,317 134.50-139.00     137.48
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     172     62.7  1,324-1,351   1,348 135.00-137.00     136.74
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     442     65.2  1,473-1,473   1,473 135.00-135.00     135.00
65 - 80% Choice                        -                    -
35 - 65% Choice      90     62.8  1,340-1,499   1,395 132.00-136.52     133.56
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,623     63.8  1,271-1,548   1,436 132.00-155.15     138.37
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     450     59.9  1,335-1,461   1,404 124.61-128.36     125.55
65 - 80% Choice     775     61.0  1,085-1,434   1,314 123.56-128.36     126.59
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     157     62.5    749-945      840  204.18-207.46     205.69
65 - 80% Choice                        -                    -
35 - 65% Choice      33     61.7    810-810      810  199.60-199.60     199.60
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     168     61.5    746-898      832  194.75-210.90     201.37
65 - 80% Choice      56     58.1    743-829      773  191.21-193.92     192.18
35 - 65% Choice      47     64.5    689-689      689  201.43-201.43     201.43
 0 - 35% Choice      38     62.4    828-828      828  207.41-207.41     207.41
ALL STEERS & HEIFERS
                    499     61.8    689-945      813  191.21-210.90     202.05
MIXED STEER/HEIFER/COW
Over 80% Choice      96     62.0    799-840      829  198.80-202.55     199.86
65 - 80% Choice      29     60.6    778-778      778  197.34-197.34     197.34
35 - 65% Choice      37     61.1    801-801      801  185.98-185.98     185.98
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     361     60.7    701-908      835  185.82-200.47     195.06
65 - 80% Choice                        -                    -
35 - 65% Choice      39     61.0    826-826      826  189.79-189.79     189.79
 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     444     63.6  1,198-1,312   1,258 132.42-134.00     133.10
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    444     63.6  1,198-1,312   1,258 132.42-134.00     133.10
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      33     60.9  1,429-1,429   1,429 118.70-118.70     118.70
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


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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