Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/10/2016

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Report Date: 5/10/2016

LM_CT107
St. Joseph, MO    Tue, May 10, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 05/09/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   17,004     51,769      22,504       53,617      31,761       50,021
Live:       2,163      5,159       2,735        6,670       4,563        8,671
Total:     19,167     56,928      25,239       60,287      36,324       58,692

NEGOTIATED GRID NET:
Dressed:      485      2,867         726        1,967       1,694        3,448
Live:          32         32         275          508          75           75
Total:        517      2,899       1,001        2,475       1,769        3,523


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,426     63.9    766-979      868  195.93-221.06     202.81
65 - 80% Choice   1,968     64.0    786-969      897  191.14-210.00     198.22
35 - 65% Choice   5,035     63.7    741-951      841  191.44-200.00     195.11
 0 - 35% Choice      52     63.2    798-798      798  195.05-195.05     195.05
HEIFER
Over 80% Choice   1,188     63.7    734-847      783  199.16-224.72     201.45
65 - 80% Choice   1,840     63.9    690-859      767  196.99-210.00     199.90
35 - 65% Choice     365     63.1    724-792      745  197.53-210.00     200.83
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     793     63.9    749-960      869  190.51-224.02     212.05
65 - 80% Choice                        -                    -
35 - 65% Choice     435     63.3    726-815      784  192.64-199.19     196.21
 0 - 35% Choice      87     63.5    703-703      703  196.28-196.28     196.28
ALL STEERS & HEIFERS
                 13,189     63.8    690-979      833  190.51-224.72     198.87
MIXED STEER/HEIFER/COW
Over 80% Choice     347     63.9    730-857      815  198.24-202.25     199.48
65 - 80% Choice     299     62.9    738-839      796  176.77-199.46     195.97
35 - 65% Choice     387     64.0    695-954      788  193.78-199.46     196.81
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,289     61.7    753-893      847  188.04-201.95     194.44
65 - 80% Choice     775     60.8    777-871      838  184.43-198.31     190.68
35 - 65% Choice     638     60.3    769-883      833  173.96-197.47     190.58
 0 - 35% Choice      80     60.5    841-841      841  189.07-189.07     189.07


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     457     63.8  1,367-1,492   1,464 120.86-139.61     126.08
65 - 80% Choice                        -                    -
35 - 65% Choice      71     63.0  1,328-1,328   1,328 130.00-130.00     130.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     103     63.5  1,193-1,425   1,274 123.86-139.65     129.38
65 - 80% Choice      78     64.2  1,226-1,301   1,261 127.29-127.35     127.32
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     354     62.3  1,271-1,454   1,413 143.94-145.49     144.36
65 - 80% Choice     101     61.0  1,243-1,243   1,243 136.00-136.00     136.00
35 - 65% Choice     120     63.4  1,311-1,311   1,311 125.81-125.81     125.81
 0 - 35% Choice      38     63.6  1,293-1,293   1,293 123.18-123.18     123.18
ALL STEERS & HEIFERS
                  1,322     63.1  1,193-1,492   1,381 120.86-145.49     132.17
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     505     60.9  1,252-1,482   1,367 113.45-116.43     114.93
65 - 80% Choice     336     62.0  1,297-1,564   1,401 114.00-118.95     117.12
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      31     60.9    795-795      795  196.52-196.52     196.52
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      26     61.0    808-814      811  189.71-193.94     191.99
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     57     60.9    795-814      802  189.71-196.52     194.45
MIXED STEER/HEIFER/COW
Over 80% Choice     113     59.9    744-871      840  184.26-186.51     184.96
65 - 80% Choice      62     59.6    802-847      827  177.57-201.52     190.40
35 - 65% Choice      23     57.6    800-800      800  173.20-173.20     173.20
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     160     60.1    750-901      858  185.01-200.77     193.33
65 - 80% Choice      26     56.3    769-769      769  175.08-175.08     175.08
35 - 65% Choice      44     57.8    778-827      793  175.21-181.42     179.44
 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
 No Reportable Trade.
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      32     60.2  1,395-1,395   1,395 113.13-113.13     113.13
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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