Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/21/2016

Past Market Reports

Report Date: 3/21/2016

LM_CT107
St. Joseph, MO    Mon, Mar 21, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 03/18/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   15,102    189,387      16,635      172,404      15,273      155,734
Live:       5,851     36,626       2,911       19,061       5,298       36,708
Total:     20,953    226,013      19,546      191,465      20,571      192,442

NEGOTIATED GRID NET:
Dressed:    2,668     13,309         368       13,207         359       10,693
Live:           0        682           0        1,922         465        1,383
Total:      2,668     13,991         368       15,129         824       12,076


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,463     64.1    798-1,008    933  215.87-248.64     220.02
65 - 80% Choice   2,735     64.1    836-982      898  215.00-221.24     217.19
35 - 65% Choice   1,722     64.3    825-986      889  213.80-220.68     216.43
 0 - 35% Choice     140     62.9    857-857      857  217.14-217.14     217.14
HEIFER
Over 80% Choice   1,935     64.0    755-907      836  217.88-233.58     221.33
65 - 80% Choice   2,070     63.7    732-873      811  216.85-222.87     220.83
35 - 65% Choice     477     64.0    676-802      758  215.90-220.93     218.21
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     632     63.3    770-936      892  215.91-220.00     219.61
35 - 65% Choice      49     60.9    748-748      748  208.82-208.82     208.82
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 12,223     64.0    676-1,008    872  208.82-248.64     219.06
MIXED STEER/HEIFER/COW
Over 80% Choice     429     62.9    783-830      826  222.27-223.72     222.42
65 - 80% Choice     563     64.2    851-943      917  219.36-219.87     219.73
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     167     60.9    825-937      907  212.59-217.33     213.80
65 - 80% Choice     970     61.0    769-884      826  208.28-216.81     213.63
35 - 65% Choice     642     61.2    840-886      864  210.42-212.86     211.67
 0 - 35% Choice     108     61.4    860-860      860  212.59-212.59     212.59


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,014     65.0  1,517-1,591   1,550 138.07-138.89     138.65
65 - 80% Choice     918     63.6  1,321-1,587   1,497 136.07-139.00     138.13
35 - 65% Choice   1,282     64.8  1,262-1,323   1,301 136.74-139.75     138.04
 0 - 35% Choice     261     61.9  1,452-1,452   1,452 139.00-139.00     139.00
HEIFER
Over 80% Choice     385     63.1  1,277-1,279   1,278 137.89-137.89     137.89
65 - 80% Choice     256     63.1  1,190-1,356   1,300 137.89-139.00     138.82
35 - 65% Choice     251     63.5  1,118-1,249   1,170 136.26-139.00     136.79
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      82     63.3  1,232-1,232   1,232 153.74-153.74     153.74
65 - 80% Choice     360     64.1  1,286-1,379   1,308 138.00-139.80     139.38
35 - 65% Choice     227     62.3  1,286-1,399   1,336 138.00-138.00     138.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,036     64.0  1,118-1,591   1,387 136.07-153.74     138.55
MIXED STEER/HEIFER/COW
Over 80% Choice      51     63.8  1,403-1,403   1,403 137.89-137.89     137.89
65 - 80% Choice      60     64.1  1,367-1,367   1,367 137.89-137.89     137.89
35 - 65% Choice     150     64.3  1,265-1,265   1,265 136.42-136.42     136.42
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     141     61.0  1,371-1,371   1,371 130.39-130.39     130.39
65 - 80% Choice     299     61.2  1,375-1,444   1,404 129.93-133.07     131.64
35 - 65% Choice     114     60.9  1,357-1,357   1,357 130.00-130.00     130.00
 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     612     64.9    681-972      878  209.87-221.59     219.70
65 - 80% Choice     608     64.8    768-970      826  212.82-221.91     219.73
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     477     64.0    715-969      833  219.00-224.07     220.88
65 - 80% Choice     611     63.2    736-895      797  220.00-222.05     220.66
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      79     61.9    783-810      795  211.00-222.28     217.14
65 - 80% Choice      67     62.0    672-796      715  208.14-214.70     212.55
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,454     64.1    672-972      829  208.14-224.07     219.90
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     148     59.9    809-888      857  198.56-208.00     202.45
65 - 80% Choice      66     60.3    760-1,021    855  189.73-199.73     193.68
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
 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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