Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/16/2016

Past Market Reports

Report Date: 5/16/2016

LM_CT107
St. Joseph, MO    Mon, May 16, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 05/13/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   24,530    205,662      28,968      186,818      11,315      189,933
Live:       8,020     34,038       6,062       27,058       3,332       39,536
Total:     32,550    239,700      35,030      213,876      14,647      229,469

NEGOTIATED GRID NET:
Dressed:      889     16,939       1,176       16,018         953       14,261
Live:          38      1,071           0        1,299         246          579
Total:        927     18,010       1,176       17,317       1,199       14,840


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,868     64.6    777-1,014    897  197.37-228.02     203.53
65 - 80% Choice   7,824     64.3    764-1,034    876  193.73-206.91     201.02
35 - 65% Choice   4,776     64.5    803-939      880  196.08-206.78     200.71
 0 - 35% Choice     264     63.6    839-886      867  197.32-199.46     198.75
HEIFER
Over 80% Choice   2,312     64.1    733-924      794  195.63-211.63     202.87
65 - 80% Choice   2,017     63.8    737-838      770  197.71-207.41     202.86
35 - 65% Choice     801     63.5    714-784      756  198.88-202.43     200.43
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     353     63.7    715-1,001    843  194.26-206.93     201.62
65 - 80% Choice     176     63.8    774-848      830  200.16-201.80     200.57
35 - 65% Choice      75     63.1    796-796      796  199.95-199.95     199.95
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 20,466     64.2    714-1,034    853  193.73-228.02     201.52
MIXED STEER/HEIFER/COW
Over 80% Choice     414     63.4    815-958      837  188.95-204.78     203.14
65 - 80% Choice     568     63.7    736-870      813  194.40-211.00     203.08
35 - 65% Choice     256     63.9    693-787      753  194.41-207.31     199.10
 0 - 35% Choice     139     63.1    665-665      665  195.38-195.38     195.38
DAIRYBRED STEER/HEIFER
Over 80% Choice     195     59.5    721-898      821  186.98-196.72     192.11
65 - 80% Choice   1,503     60.8    701-890      831  182.68-201.21     195.82
35 - 65% Choice     694     61.2    763-915      850  187.29-200.59     194.57
 0 - 35% Choice     295     60.0    774-774      774  195.35-195.35     195.35


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     296     63.6  1,409-1,552   1,528 124.00-128.90     128.06
65 - 80% Choice   1,186     63.3  1,303-1,449   1,385 124.00-129.00     127.52
35 - 65% Choice   1,194     62.9  1,153-1,424   1,319 123.19-135.00     129.19
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     286     64.3  1,177-1,364   1,230 124.00-130.00     126.95
65 - 80% Choice     246     64.3  1,180-1,196   1,189 129.00-129.00     129.00
35 - 65% Choice     971     62.8  1,147-1,269   1,213 121.57-129.00     127.13
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     268     64.4  1,214-1,307   1,289 124.00-129.14     128.47
65 - 80% Choice      43     63.8  1,187-1,187   1,187 124.00-124.00     124.00
35 - 65% Choice     928     62.0  1,226-1,399   1,318 128.00-129.00     128.95
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,418     63.1  1,147-1,552   1,313 121.57-135.00     128.15
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     538     59.8  1,298-1,498   1,393 114.59-117.32     115.76
65 - 80% Choice   1,323     60.5  1,115-1,464   1,353 112.45-125.90     119.18
35 - 65% Choice     741     60.7  1,115-1,424   1,295 112.45-120.38     117.62
 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     181     64.1    781-849      833  195.85-205.89     204.17
65 - 80% Choice     219     62.4    873-902      879  201.92-210.00     208.30
35 - 65% Choice     155     62.5    794-794      794  199.46-199.46     199.46
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      88     63.4    706-833      804  191.05-200.23     198.14
65 - 80% Choice                        -                    -
35 - 65% Choice      99     64.8    793-793      793  201.20-201.20     201.20
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     125     62.9    791-824      805  189.73-203.52     198.94
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    867     63.2    706-902      826  189.73-210.00     202.67
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      22     62.7    760-760      760  192.85-192.85     192.85
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


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      38     60.1  1,260-1,260   1,260 111.46-111.46     111.46
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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