Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/3/2016

Past Market Reports

Report Date: 3/3/2016

LM_CT107
St. Joseph, MO    Thu, Mar 03, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 03/02/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   16,963    111,874      13,785      107,534      15,385       99,446
Live:       2,324     16,524       5,367       14,549       4,678       17,664
Total:     19,287    128,398      19,152      122,083      20,063      117,110

NEGOTIATED GRID NET:
Dressed:      156      6,116         541        6,956         868        4,906
Live:         503      1,187          41          456           0          206
Total:        659      7,303         582        7,412         868        5,112


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,015     63.8    829-1,019    926  207.59-234.16     215.32
65 - 80% Choice   2,685     63.7    747-930      883  204.88-217.41     214.46
35 - 65% Choice   4,175     64.3    641-955      858  195.93-217.31     213.40
 0 - 35% Choice      61     63.4    661-730      710  209.73-213.94     212.70
HEIFER
Over 80% Choice     617     63.2    722-852      807  213.36-222.37     218.14
65 - 80% Choice     911     64.6    743-857      793  212.18-221.27     217.27
35 - 65% Choice   1,047     64.0    665-855      773  211.55-219.10     215.65
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     369     65.1    782-870      856  216.07-233.71     230.74
65 - 80% Choice     328     61.5    692-894      784  206.86-216.39     211.87
35 - 65% Choice     436     63.7    668-947      775  202.74-215.51     208.93
 0 - 35% Choice     128     63.7    729-942      887  199.05-207.86     205.52
ALL STEERS & HEIFERS
                 11,772     64.0    641-1,019    849  195.93-234.16     214.80
MIXED STEER/HEIFER/COW
Over 80% Choice     582     64.0    811-914      868  199.45-219.33     212.81
65 - 80% Choice     699     63.6    738-940      812  196.77-218.89     216.20
35 - 65% Choice     804     63.8    754-895      794  185.61-216.72     211.25
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,043     61.1    757-918      839  200.08-217.25     209.26
65 - 80% Choice   1,644     61.2    629-932      841  190.74-211.41     207.68
35 - 65% Choice     249     62.2    722-882      851  205.05-211.39     208.74
 0 - 35% Choice     170     62.0    682-748      733  203.91-205.30     205.00


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,056     64.0  1,451-1,495   1,474 133.82-137.94     135.97
65 - 80% Choice                        -                    -
35 - 65% Choice      93     61.9  1,385-1,474   1,441 138.00-138.00     138.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      37     63.7  1,243-1,243   1,243 138.00-138.00     138.00
65 - 80% Choice     120     63.6  1,195-1,232   1,208 138.00-139.00     138.33
35 - 65% Choice      98     63.7  1,217-1,240   1,231 137.00-137.00     137.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     447     62.5  1,302-1,365   1,339 136.93-156.14     144.92
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,851     63.5  1,195-1,495   1,405 133.82-156.14     138.48
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     101     59.8  1,329-1,401   1,383 121.61-125.28     122.52
65 - 80% Choice     372     59.9  1,320-1,455   1,432 123.56-128.36     126.44
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      34     63.3    895-895      895  219.04-219.04     219.04
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      40     62.3    864-864      864  208.20-208.20     208.20
65 - 80% Choice      58     62.1    729-802      777  207.00-209.45     208.61
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    132     62.5    729-895      834  207.00-219.04     211.17
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      24     61.6    849-849      849  198.26-198.26     198.26
65 - 80% Choice                        -                    -
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
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     228     63.1  1,287-1,287   1,287 137.00-137.00     137.00
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     118     63.3  1,304-1,304   1,304 133.81-133.81     133.81
 0 - 35% Choice     119     63.6  1,312-1,312   1,312 134.00-134.00     134.00
ALL STEERS & HEIFERS
                    465     63.3  1,287-1,312   1,298 133.81-137.00     135.42
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      38     60.3  1,386-1,386   1,386 123.62-123.62     123.62
 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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