Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/15/2016

Past Market Reports

Report Date: 3/15/2016

LM_CT107
St. Joseph, MO    Tue, Mar 15, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 03/14/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   14,764     44,132      27,816       41,601      11,230       38,128
Live:       4,571      6,401       1,606        3,368       4,978        8,724
Total:     19,335     50,533      29,422       44,969      16,208       46,852

NEGOTIATED GRID NET:
Dressed:      789      1,882       1,151        3,563       1,329        2,174
Live:         175        175         489          567           0            0
Total:        964      2,057       1,640        4,130       1,329        2,174


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,005     63.8    846-997      944  213.00-220.00     216.60
65 - 80% Choice   1,668     63.3    789-991      902  207.00-220.00     217.71
35 - 65% Choice   2,135     65.0    823-940      867  212.10-220.10     214.16
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,489     63.8    736-952      844  214.38-219.96     216.55
65 - 80% Choice   1,467     63.3    758-912      824  214.00-220.00     216.64
35 - 65% Choice     638     63.7    745-905      770  212.38-220.00     216.24
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     142     63.3    674-883      810  217.99-220.00     218.65
65 - 80% Choice     312     63.5    728-890      845  208.27-220.10     215.46
35 - 65% Choice     455     63.4    666-850      763  209.75-217.00     213.08
 0 - 35% Choice     178     64.3    873-891      887  210.00-210.31     210.06
ALL STEERS & HEIFERS
                 10,489     63.9    666-997      867  207.00-220.10     215.99
MIXED STEER/HEIFER/COW
Over 80% Choice     125     61.7    685-807      754  200.87-214.38     208.54
65 - 80% Choice     397     64.5    847-932      906  213.75-213.98     213.91
35 - 65% Choice   1,043     63.7    611-906      794  194.28-217.86     213.86
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,663     62.0    756-940      836  204.00-215.87     209.95
65 - 80% Choice     985     61.2    676-914      838  203.12-211.93     210.22
35 - 65% Choice      62     62.0    854-854      854  208.12-208.12     208.12
 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      96     63.4  1,473-1,520   1,502 136.90-151.19     142.26
65 - 80% Choice   1,921     64.9  1,307-1,561   1,502 136.40-139.00     136.93
35 - 65% Choice     254     64.3  1,254-1,343   1,289 136.58-138.16     137.63
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,372     62.8  1,199-1,477   1,412 135.90-155.53     139.32
65 - 80% Choice     178     62.2  1,428-1,428   1,428 137.39-137.39     137.39
35 - 65% Choice      70     64.1  1,188-1,188   1,188 137.19-137.19     137.19
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     159     63.0  1,260-1,378   1,326 137.00-139.08     137.52
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,050     63.9  1,188-1,561   1,443 135.90-155.53     137.96
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      34     60.8  1,465-1,465   1,465 126.61-126.61     126.61
65 - 80% Choice     126     62.2  1,382-1,382   1,382 130.48-130.48     130.48
35 - 65% Choice     361     61.4  1,253-1,365   1,325 126.29-129.70     127.84
 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      46     62.8  1,017-1,017   1,017 215.03-215.03     215.03
65 - 80% Choice                        -                    -
35 - 65% Choice     274     64.0    770-994      940  210.97-220.00     215.30
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      12     59.2    759-759      759  215.03-215.03     215.03
65 - 80% Choice     189     62.1    770-818      799  219.00-219.00     219.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     152     64.1    808-906      840  207.18-216.00     211.11
ALL STEERS & HEIFERS
                    673     63.3    759-1,017    880  207.18-220.00     215.37
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      43     62.6    763-763      763  200.60-200.60     200.60
DAIRYBRED STEER/HEIFER
Over 80% Choice      53     60.5    914-950      936  192.34-195.36     193.48
65 - 80% Choice      20     57.4    801-801      801  185.14-185.14     185.14
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     105     62.5  1,307-1,448   1,396 128.77-136.00     131.46
 0 - 35% Choice      70     61.6  1,408-1,408   1,408 129.23-129.23     129.23
ALL STEERS & HEIFERS
                    175     62.1  1,307-1,448   1,401 128.77-136.00     130.57
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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