Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/2/2016

Past Market Reports

Report Date: 3/2/2016

LM_CT107
St. Joseph, MO    Wed, Mar 02, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 03/01/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   19,718     83,444      14,545       79,430      15,445       70,826
Live:       2,728     11,280       1,019        7,111         644        9,993
Total:     22,446     94,724      15,564       86,541      16,089       80,819

NEGOTIATED GRID NET:
Dressed:    1,131      5,064       1,141        5,573         370        3,043
Live:          69        582         346          346           0          206
Total:      1,200      5,646       1,487        5,919         370        3,249


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,601     63.6    764-1,124    921  199.70-240.53     217.32
65 - 80% Choice   3,570     64.0    818-1,002    903  203.67-215.69     211.82
35 - 65% Choice   2,680     65.1    792-991      899  201.29-213.90     209.95
 0 - 35% Choice      83     64.0    798-798      798  212.12-212.12     212.12
HEIFER
Over 80% Choice   3,545     63.9    743-958      854  210.04-249.80     217.44
65 - 80% Choice   1,092     63.6    705-963      822  210.98-216.64     214.62
35 - 65% Choice     450     65.1    802-839      818  211.62-213.98     213.01
 0 - 35% Choice      23     64.8    777-777      777  211.45-211.45     211.45
MIXED STEER/HEIFER
Over 80% Choice   1,234     64.0    813-1,001    880  207.64-249.21     234.10
65 - 80% Choice     148     61.8    786-885      811  211.28-213.15     212.68
35 - 65% Choice     183     63.7    686-804      742  210.66-211.92     210.92
 0 - 35% Choice     455     64.2    681-952      788  199.25-213.02     206.35
ALL STEERS & HEIFERS
                 17,064     64.1    681-1,124    881  199.25-249.80     215.53
MIXED STEER/HEIFER/COW
Over 80% Choice      81     63.7    824-901      864  209.35-209.62     209.49
65 - 80% Choice                        -                    -
35 - 65% Choice     859     64.3    717-849      770  207.50-211.10     209.66
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     392     61.2    767-891      799  203.14-208.05     206.83
65 - 80% Choice     871     61.4    815-923      854  200.25-213.04     209.49
35 - 65% Choice     451     61.5    696-894      831  191.04-207.13     202.00
 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     494     63.5  1,178-1,622   1,359 134.23-156.21     141.72
65 - 80% Choice      63     65.0  1,390-1,390   1,390 135.00-135.00     135.00
35 - 65% Choice     123     64.7  1,289-1,289   1,289 138.75-138.75     138.75
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     117     63.6  1,232-1,232   1,232 139.00-139.00     139.00
35 - 65% Choice      73     61.3  1,167-1,209   1,200 134.50-134.50     134.50
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     348     62.0  1,197-1,400   1,312 135.00-159.45     146.78
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,218     63.1  1,167-1,622   1,319 134.23-159.45     141.82
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     167     61.7  1,368-1,396   1,390 127.91-128.63     128.06
65 - 80% Choice   1,041     60.5  1,278-1,434   1,371 124.13-128.44     127.86
35 - 65% Choice     302     60.8  1,314-1,363   1,357 128.63-129.00     128.96
 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      60     62.9    696-858      798  216.69-218.14     217.22
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     245     62.8    732-902      833  206.82-217.38     211.36
65 - 80% Choice                        -                    -
35 - 65% Choice     257     62.5    610-746      721  194.60-212.00     208.82
 0 - 35% Choice      43     63.6    736-736      736  204.04-204.04     204.04
ALL STEERS & HEIFERS
                    605     62.7    610-902      775  194.60-218.14     210.34
MIXED STEER/HEIFER/COW
Over 80% Choice      23     63.6    838-838      838  203.71-203.71     203.71
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     119     59.9    794-892      834  190.78-204.58     197.34
65 - 80% Choice     116     61.8    780-857      837  187.28-208.53     201.61
35 - 65% Choice     268     63.0    843-941      891  208.31-210.54     209.90
 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
 No Reportable Trade.
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      69     60.1  1,296-1,334   1,307 126.00-129.00     128.17
65 - 80% Choice                        -                    -
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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