Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/20/2016

Past Market Reports

Report Date: 5/20/2016

LM_CT107
St. Joseph, MO    Fri, May 20, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 05/19/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   19,525    160,150      21,865      167,808      30,710      155,457
Live:       4,790     21,369       6,019       23,990       5,949       27,379
Total:     24,315    181,519      27,884      191,798      36,659      182,836

NEGOTIATED GRID NET:
Dressed:    2,605     14,358       1,351       12,770       1,054       10,782
Live:          75      1,338         275        1,033          83          916
Total:      2,680     15,696       1,626       13,803       1,137       11,698


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,039     64.5    765-1,033    929  204.29-219.39     209.93
65 - 80% Choice   3,990     64.7    664-979      891  199.10-226.22     207.32
35 - 65% Choice   5,438     64.2    691-935      839  200.07-214.02     207.70
 0 - 35% Choice      23     61.7    733-733      733  205.21-205.21     205.21
HEIFER
Over 80% Choice     979     63.8    706-840      795  208.20-213.46     211.53
65 - 80% Choice     947     63.4    723-858      787  207.67-212.18     210.34
35 - 65% Choice   1,073     64.4    693-797      737  204.47-212.63     206.97
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     841     63.4    678-845      793  200.90-229.06     216.45
65 - 80% Choice     174     62.8    729-790      763  198.45-210.00     204.18
35 - 65% Choice     673     63.6    711-952      810  200.24-211.79     205.46
 0 - 35% Choice      37     64.2    873-873      873  194.71-194.71     194.71
ALL STEERS & HEIFERS
                 16,214     64.2    664-1,033    846  194.71-229.06     208.51
MIXED STEER/HEIFER/COW
Over 80% Choice      63     67.0    825-825      825  209.60-209.60     209.60
65 - 80% Choice     356     64.6    808-869      821  200.70-212.82     210.88
35 - 65% Choice     166     65.3    687-890      769  208.60-212.71     211.05
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     580     62.2    811-923      867  199.38-213.36     207.37
65 - 80% Choice   1,284     61.4    659-920      860  190.98-208.60     205.10
35 - 65% Choice     712     61.3    747-907      842  197.29-208.60     204.78
 0 - 35% Choice     150     61.1    826-826      826  199.32-199.32     199.32


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     899     64.1  1,271-1,401   1,315 132.83-135.25     133.36
65 - 80% Choice     786     65.3  1,178-1,364   1,298 123.98-134.24     127.79
35 - 65% Choice   1,792     64.8  1,187-1,395   1,291 122.25-135.00     127.59
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     363     63.5  1,298-1,324   1,317 130.00-135.25     134.30
65 - 80% Choice     211     63.5  1,305-1,305   1,305 135.00-135.00     135.00
35 - 65% Choice      41     62.9  1,207-1,207   1,207 125.00-125.00     125.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     274     63.3  1,395-1,395   1,395 133.02-133.02     133.02
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,366     64.5  1,178-1,401   1,306 122.25-135.25     130.05
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     329     60.4  1,373-1,502   1,434 112.56-128.71     121.14
35 - 65% Choice      95     60.9  1,380-1,380   1,380 123.85-123.85     123.85
 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     629     63.2    753-944      889  197.65-215.59     205.62
65 - 80% Choice     160     62.2    862-879      867  194.00-197.39     194.91
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     268     62.6    774-959      832  189.42-210.00     206.38
65 - 80% Choice     176     62.7    696-696      696  218.85-218.85     218.85
35 - 65% Choice     121     62.7    736-827      788  198.42-206.62     203.10
 0 - 35% Choice      88     62.8    749-749      749  202.92-202.92     202.92
MIXED STEER/HEIFER
Over 80% Choice     322     62.6    750-829      793  197.73-216.23     212.77
65 - 80% Choice     380     64.7    799-845      836  208.98-211.19     210.74
35 - 65% Choice      38     63.8    847-847      847  197.88-197.88     197.88
 0 - 35% Choice     116     63.6    760-827      803  193.11-195.95     194.92
ALL STEERS & HEIFERS
                  2,298     63.2    696-959      828  189.42-218.85     206.92
MIXED STEER/HEIFER/COW
Over 80% Choice      36     58.2    793-793      793  187.83-187.83     187.83
65 - 80% Choice      54     58.7    723-905      789  176.32-192.42     186.89
35 - 65% Choice      24     59.1    789-789      789  188.88-188.88     188.88
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      36     60.5    867-867      867  195.74-195.74     195.74
65 - 80% Choice     143     60.8    788-874      847  190.85-196.73     194.00
35 - 65% Choice      14     61.7    822-822      822  187.22-187.22     187.22
 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
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      75     62.7  1,336-1,336   1,336 125.50-125.50     125.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     75     62.7  1,336-1,336   1,336 125.50-125.50     125.50
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 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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