Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/28/2016

Past Market Reports

Report Date: 3/28/2016

LM_CT107
St. Joseph, MO    Mon, Mar 28, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 03/25/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   13,276    157,646      15,102      189,387      12,074      141,699
Live:       4,881     25,422       5,851       36,626       6,428       34,656
Total:     18,157    183,068      20,953      226,013      18,502      176,355

NEGOTIATED GRID NET:
Dressed:    2,250     14,697       2,668       13,309         911       15,247
Live:         389      1,546           0          682           0        1,473
Total:      2,639     16,243       2,668       13,991         911       16,720


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,623     64.8    795-992      917  215.66-238.15     222.04
65 - 80% Choice   1,835     63.7    644-1,001    860  202.99-226.37     220.73
35 - 65% Choice   3,356     64.8    716-944      860  210.55-225.27     216.95
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     608     64.6    729-923      843  221.52-227.88     223.99
65 - 80% Choice     766     64.3    731-835      792  220.60-223.92     222.58
35 - 65% Choice     261     63.3    754-754      754  223.49-223.49     223.49
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     271     62.7    655-936      800  207.15-237.15     224.23
65 - 80% Choice     236     63.6    743-892      842  220.05-224.38     221.89
35 - 65% Choice     419     64.8    764-957      802  206.95-218.98     214.41
 0 - 35% Choice      69     64.4    958-958      958  208.71-208.71     208.71
ALL STEERS & HEIFERS
                  9,444     64.4    644-1,001    856  202.99-238.15     219.81
MIXED STEER/HEIFER/COW
Over 80% Choice     146     63.0    823-909      863  218.25-227.21     221.98
65 - 80% Choice     704     64.1    784-852      829  221.86-223.04     222.26
35 - 65% Choice      14     61.6    771-771      771  214.46-214.46     214.46
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     986     61.5    751-928      847  210.12-219.51     216.23
65 - 80% Choice     706     61.5    745-928      874  210.21-216.11     214.38
35 - 65% Choice   1,276     61.0    785-889      841  212.58-214.97     214.07
 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   1,470     64.5  1,317-1,546   1,491 139.09-140.04     139.78
65 - 80% Choice     933     63.8  1,281-1,570   1,467 138.96-139.96     139.80
35 - 65% Choice     111     64.1  1,411-1,411   1,411 138.58-138.58     138.58
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice   1,477     63.6  1,191-1,342   1,246 141.00-141.00     141.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      73     64.3  1,190-1,190   1,190 138.96-138.96     138.96
65 - 80% Choice                        -                    -
35 - 65% Choice     192     63.4  1,163-1,310   1,279 140.00-140.00     140.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,256     64.0  1,163-1,570   1,384 138.58-141.00     140.17
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      39     60.7  1,465-1,465   1,465 128.84-128.84     128.84
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     471     59.9  1,363-1,493   1,421 128.18-131.18     130.15
35 - 65% Choice     115     60.4  1,327-1,327   1,327 132.00-132.00     132.00
 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     203     61.7    781-950      883  214.19-222.68     218.00
65 - 80% Choice     274     64.1    890-913      897  223.39-225.38     224.82
35 - 65% Choice      82     62.7    709-709      709  223.16-223.16     223.16
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      84     62.2    766-891      817  212.28-229.10     221.98
65 - 80% Choice      25     62.0    694-694      694  213.42-213.42     213.42
35 - 65% Choice      94     63.3    672-834      762  206.38-216.64     212.06
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    762     62.9    672-950      841  206.38-229.10     220.56
MIXED STEER/HEIFER/COW
Over 80% Choice     446     64.2    821-988      967  214.13-220.00     219.53
65 - 80% Choice     504     65.8    938-980      953  215.91-219.78     218.26
35 - 65% Choice     223     65.0    877-877      877  211.46-211.46     211.46
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     133     59.6    810-932      847  197.78-205.19     202.16
65 - 80% Choice      85     60.1    797-898      850  190.08-212.53     205.26
35 - 65% Choice      64     58.9    799-868      848  195.87-215.73     207.85
 0 - 35% Choice      33     60.8    846-846      846  201.00-201.00     201.00


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     256     63.6  1,142-1,169   1,158 137.67-138.00     137.83
 0 - 35% Choice     118     63.5  1,265-1,265   1,265 138.00-138.00     138.00
ALL STEERS & HEIFERS
                    374     63.6  1,142-1,265   1,192 137.67-138.00     137.88
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      15     59.1  1,410-1,410   1,410 124.80-124.80     124.80
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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