Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/7/2016

Past Market Reports

Report Date: 3/7/2016

LM_CT107
St. Joseph, MO    Mon, Mar 07, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 03/04/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   18,873    176,089      10,604      162,897      12,317      154,914
Live:       2,098     29,584       1,963       23,970       4,803       31,951
Total:     20,971    205,673      12,567      186,867      17,120      186,865

NEGOTIATED GRID NET:
Dressed:      599     11,194         480       11,963         722        8,380
Live:          55      1,242           0          647         120          608
Total:        654     12,436         480       12,610         842        8,988


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,886     63.8    655-1,042    911  201.59-242.49     214.66
65 - 80% Choice   2,616     64.4    795-1,019    878  197.47-220.39     215.06
35 - 65% Choice   5,634     64.0    660-974      866  193.89-221.33     214.25
 0 - 35% Choice     355     64.4    837-899      880  211.69-216.97     213.36
HEIFER
Over 80% Choice   1,634     63.1    733-970      820  210.00-240.40     215.48
65 - 80% Choice   2,383     63.9    679-893      825  210.08-220.39     216.02
35 - 65% Choice     521     64.5    740-805      785  213.66-220.39     218.37
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     155     61.6    711-834      733  201.24-218.51     207.82
65 - 80% Choice     306     61.5    734-920      828  214.00-217.64     215.23
35 - 65% Choice     174     62.9    802-835      818  213.84-219.38     215.11
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 15,664     63.9    655-1,042    857  193.89-242.49     214.91
MIXED STEER/HEIFER/COW
Over 80% Choice     113     63.6    851-920      877  211.02-215.01     213.53
65 - 80% Choice     719     64.1    728-924      845  201.07-217.46     213.65
35 - 65% Choice     156     64.1    712-883      760  214.49-215.75     215.03
 0 - 35% Choice      95     64.6    756-756      756  212.88-212.88     212.88
DAIRYBRED STEER/HEIFER
Over 80% Choice     220     61.7    671-891      796  199.84-213.35     208.29
65 - 80% Choice   1,479     61.1    737-902      836  202.00-213.37     210.99
35 - 65% Choice     251     61.1    783-788      786  210.98-214.33     212.26
 0 - 35% Choice     176     61.0    793-793      793  210.21-210.21     210.21


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     221     63.3  1,342-1,606   1,498 137.25-155.00     142.49
65 - 80% Choice     159     63.0  1,454-1,454   1,454 137.00-137.00     137.00
35 - 65% Choice   1,075     63.2  1,116-1,506   1,270 135.37-137.01     136.36
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     181     64.0  1,271-1,271   1,271 138.19-138.19     138.19
35 - 65% Choice     208     64.6  1,011-1,063   1,045 136.77-136.87     136.83
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  1,844     63.5  1,011-1,606   1,288 135.37-155.00     137.38
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      84     59.1  1,443-1,443   1,443 123.56-123.56     123.56
65 - 80% Choice     170     59.6  1,404-1,533   1,434 120.00-123.56     122.74
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     115     64.1    865-948      927  212.72-215.98     215.13
65 - 80% Choice      99     64.4    934-934      934  215.54-215.54     215.54
35 - 65% Choice      13     59.8    733-733      733  205.55-205.55     205.55
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     116     62.3    867-867      867  214.00-214.00     214.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     103     61.7    703-872      794  209.66-216.62     213.68
65 - 80% Choice      38     63.0    743-743      743  215.27-215.27     215.27
35 - 65% Choice                        -                    -
 0 - 35% Choice      11     62.0    748-748      748  204.89-204.89     204.89
ALL STEERS & HEIFERS
                    495     63.0    703-948      864  204.89-216.62     214.18
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      35     60.7    835-848      843  196.10-200.70     198.07
65 - 80% Choice      37     59.3    766-844      819  190.19-191.94     190.76
35 - 65% Choice      32     55.2    810-810      810  184.88-184.88     184.88
 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
Over 80% Choice      18     62.9  1,502-1,502   1,502 134.67-134.67     134.67
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      37     63.5  1,411-1,411   1,411 132.00-132.00     132.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     55     63.3  1,411-1,502   1,441 132.00-134.67     132.87
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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