Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 4/27/2016

Past Market Reports

Report Date: 4/27/2016

LM_CT107
St. Joseph, MO    Wed, Apr 27, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 04/26/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   18,479     87,460      16,359       83,418      12,984       70,838
Live:       1,274     10,231       3,357        8,285       3,308       14,111
Total:     19,753     97,691      19,716       91,703      16,292       84,949

NEGOTIATED GRID NET:
Dressed:      689      6,413         764        5,775       1,138        4,746
Live:         424        876          80        1,306           0          209
Total:      1,113      7,289         844        7,081       1,138        4,955


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,198     63.5    744-1,024    892  198.41-254.01     228.32
65 - 80% Choice   2,855     63.8    782-1,009    897  201.26-218.39     211.23
35 - 65% Choice   1,833     63.8    774-941      869  200.63-216.88     208.72
 0 - 35% Choice     327     63.5    784-853      812  209.65-214.13     212.77
HEIFER
Over 80% Choice   1,898     63.8    730-932      811  209.19-251.36     217.95
65 - 80% Choice   1,412     63.6    663-852      784  209.19-219.44     214.95
35 - 65% Choice     515     64.2    705-784      737  209.19-215.83     211.32
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     623     62.8    787-914      857  214.52-247.00     225.93
65 - 80% Choice      97     63.8    773-927      875  206.04-214.95     210.49
35 - 65% Choice     403     63.2    697-873      785  201.10-213.08     204.66
 0 - 35% Choice      70     63.2    837-837      837  207.65-207.65     207.65
ALL STEERS & HEIFERS
                 13,231     63.6    663-1,024    853  198.41-254.01     216.88
MIXED STEER/HEIFER/COW
Over 80% Choice   1,138     64.3    742-922      797  213.62-247.55     217.99
65 - 80% Choice   1,398     63.8    711-1,012    851  201.26-216.71     206.38
35 - 65% Choice     198     60.8    719-863      769  192.88-197.38     194.07
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     851     61.0    782-931      877  203.92-214.43     207.96
65 - 80% Choice     645     61.1    658-916      819  196.57-212.27     206.90
35 - 65% Choice     846     61.5    773-857      821  203.19-210.71     206.45
 0 - 35% Choice     172     60.2    744-744      744  200.92-200.92     200.92


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      36     63.5  1,311-1,311   1,311 141.55-141.55     141.55
65 - 80% Choice     233     63.7  1,487-1,487   1,487 135.57-135.57     135.57
35 - 65% Choice     394     63.1  1,252-1,261   1,254 131.80-131.81     131.80
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                    663     63.4  1,252-1,487   1,339 131.80-141.55     133.66
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     507     60.7  1,382-1,479   1,427 119.84-127.20     124.15
65 - 80% Choice     104     62.2  1,340-1,393   1,387 122.94-128.13     127.48
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      32     61.9    822-822      822  207.90-207.90     207.90
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     112     63.7    794-826      813  214.05-218.63     216.51
65 - 80% Choice      44     62.2    686-686      686  205.20-205.20     205.20
35 - 65% Choice      81     63.8    748-748      748  210.23-210.23     210.23
 0 - 35% Choice      77     61.5    772-876      823  205.69-208.09     206.87
ALL STEERS & HEIFERS
                    346     62.9    686-876      785  205.20-218.63     210.66
MIXED STEER/HEIFER/COW
Over 80% Choice     101     61.7    731-959      823  191.61-205.73     202.97
65 - 80% Choice      95     61.7    775-824      818  185.14-203.20     201.11
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     109     59.8    809-895      848  187.07-194.64     191.26
65 - 80% Choice      38     60.7    826-834      830  191.86-193.70     192.78
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      79     63.4  1,263-1,263   1,263 134.00-134.00     134.00
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      73     62.9  1,334-1,334   1,334 134.00-134.00     134.00
35 - 65% Choice     195     62.4  1,216-1,317   1,274 134.00-134.00     134.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    347     62.8  1,216-1,334   1,284 134.00-134.00     134.00
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      77     60.2  1,292-1,318   1,313 129.00-130.00     129.55
65 - 80% Choice                        -                    -
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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