Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/26/2016

Past Market Reports

Report Date: 5/26/2016

LM_CT107
St. Joseph, MO    Thu, May 26, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 05/25/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   29,283    126,590      18,655      119,118      20,086       91,427
Live:       1,599     14,278       1,485       14,852       3,924       15,841
Total:     30,882    140,868      20,140      133,970      24,010      107,268

NEGOTIATED GRID NET:
Dressed:      980      9,862       1,078       10,262       1,705        6,464
Live:         191      1,612         119        1,219         280          280
Total:      1,171     11,474       1,197       11,481       1,985        6,744


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,790     63.3    786-954      855  206.83-226.69     215.03
65 - 80% Choice   4,911     64.1    783-977      890  202.14-215.27     207.82
35 - 65% Choice   8,077     63.6    752-935      862  199.32-212.56     206.97
 0 - 35% Choice     191     64.5    733-853      820  195.80-204.95     203.60
HEIFER
Over 80% Choice   2,652     63.7    724-824      780  206.94-225.61     213.46
65 - 80% Choice   2,162     63.6    704-830      756  207.94-212.47     210.72
35 - 65% Choice     442     64.2    658-805      787  202.09-210.72     207.96
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     719     64.9    793-954      895  206.43-240.67     227.27
65 - 80% Choice     659     63.7    636-896      784  203.20-219.72     208.45
35 - 65% Choice     959     63.6    756-934      840  198.27-211.13     205.72
 0 - 35% Choice     118     62.7    702-834      739  203.23-209.55     207.78
ALL STEERS & HEIFERS
                 24,680     63.7    636-977      844  195.80-240.67     209.98
MIXED STEER/HEIFER/COW
Over 80% Choice     374     63.4    709-876      849  200.00-207.75     205.68
65 - 80% Choice   1,038     63.7    742-928      797  195.86-212.78     208.12
35 - 65% Choice     590     63.5    751-986      800  177.11-208.02     202.41
 0 - 35% Choice      31     62.0    887-887      887  172.69-172.69     172.69
DAIRYBRED STEER/HEIFER
Over 80% Choice     961     61.7    858-927      893  199.43-208.51     204.53
65 - 80% Choice     622     61.5    786-897      847  186.13-208.88     198.05
35 - 65% Choice     987     60.1    765-883      800  194.59-207.22     203.22
 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     186     62.9  1,369-1,369   1,369 131.00-131.00     131.00
65 - 80% Choice     164     62.6  1,325-1,485   1,417 118.85-131.25     124.14
35 - 65% Choice     600     63.1  1,318-1,448   1,367 131.00-132.50     131.09
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     120     64.0  1,302-1,302   1,302 133.25-133.25     133.25
65 - 80% Choice     104     63.2  1,056-1,056   1,056 133.42-133.42     133.42
35 - 65% Choice     141     63.3  1,184-1,241   1,207 133.00-133.00     133.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      42     61.6  1,185-1,185   1,185 146.08-146.08     146.08
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,357     63.1  1,056-1,485   1,322 118.85-146.08     131.27
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      42     59.3  1,425-1,425   1,425 123.00-123.00     123.00
35 - 65% Choice     200     60.0  1,281-1,310   1,296 124.00-124.00     124.00
 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     220     63.4    719-853      834  201.50-209.26     207.58
65 - 80% Choice      13     62.0    818-818      818  198.74-198.74     198.74
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     227     64.7    752-872      834  202.41-212.00     209.07
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    460     64.0    719-872      834  198.74-212.00     208.06
MIXED STEER/HEIFER/COW
Over 80% Choice      70     59.8    806-857      834  194.13-202.24     197.84
65 - 80% Choice      47     62.5    709-709      709  188.50-188.50     188.50
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     206     61.4    761-972      880  175.36-195.00     187.99
65 - 80% Choice     101     58.7    793-903      827  187.46-191.51     188.70
35 - 65% Choice      96     60.8    777-928      874  181.59-198.36     187.53
 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     117     64.4  1,223-1,223   1,223 133.23-133.23     133.23
 0 - 35% Choice      32     63.1  1,594-1,594   1,594 130.45-130.45     130.45
ALL STEERS & HEIFERS
                    149     64.1  1,223-1,594   1,303 130.45-133.23     132.63
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      42     60.5  1,209-1,209   1,209 124.00-124.00     124.00
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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