Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 5/27/2016

Past Market Reports

Report Date: 5/27/2016

LM_CT107
St. Joseph, MO    Fri, May 27, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 05/26/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   20,529    160,125      19,525      160,226      20,688      126,277
Live:       3,806     21,633       4,790       21,369       3,984       23,554
Total:     24,335    181,758      24,315      181,595      24,672      149,831

NEGOTIATED GRID NET:
Dressed:      613     12,191       2,675       14,473       1,199        8,695
Live:         454      2,223          75        1,338          45          437
Total:      1,067     14,414       2,750       15,811       1,244        9,132


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,404     63.9    741-978      892  202.00-215.72     209.72
65 - 80% Choice   4,292     64.3    794-978      908  203.11-214.18     209.80
35 - 65% Choice   5,348     64.5    697-949      833  197.33-212.61     205.31
 0 - 35% Choice     322     63.5    756-913      820  200.72-214.54     205.20
HEIFER
Over 80% Choice     271     63.0    699-822      747  209.89-217.02     213.60
65 - 80% Choice   1,153     64.0    673-825      772  204.00-210.34     209.02
35 - 65% Choice     316     63.4    670-798      737  208.13-210.82     209.19
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     462     63.5    703-855      785  207.90-226.87     219.35
65 - 80% Choice     457     62.9    711-967      833  202.31-210.00     207.40
35 - 65% Choice     552     64.1    743-981      815  204.96-211.83     209.33
 0 - 35% Choice     121     63.9    766-790      774  206.02-206.72     206.48
ALL STEERS & HEIFERS
                 16,698     64.2    670-981      854  197.33-226.87     208.41
MIXED STEER/HEIFER/COW
Over 80% Choice     437     62.8    787-799      796  200.80-211.43     209.48
65 - 80% Choice     253     64.3    764-764      764  209.81-209.81     209.81
35 - 65% Choice     239     64.1    761-761      761  201.35-201.35     201.35
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     339     61.3    858-921      883  202.57-207.21     205.96
65 - 80% Choice     946     61.5    743-942      869  197.73-207.21     204.18
35 - 65% Choice   1,617     61.7    772-907      862  198.60-205.47     202.54
 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     588     63.7  1,184-1,507   1,266 131.36-140.95     132.88
65 - 80% Choice     876     65.1  1,217-1,414   1,288 114.76-131.36     127.88
35 - 65% Choice   1,559     64.1  1,216-1,415   1,263 119.82-132.00     126.30
 0 - 35% Choice     202     62.9  1,309-1,309   1,309 131.58-131.58     131.58
HEIFER
Over 80% Choice      62     62.6  1,296-1,296   1,296 133.00-133.00     133.00
65 - 80% Choice                        -                    -
35 - 65% Choice      79     63.4  1,260-1,260   1,260 130.65-130.65     130.65
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      77     64.8  1,287-1,287   1,287 133.42-133.42     133.42
35 - 65% Choice      35     66.2  1,377-1,377   1,377 136.44-136.44     136.44
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,478     64.2  1,184-1,507   1,275 114.76-140.95     128.60
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     184     60.5  1,289-1,432   1,352 122.75-125.41     124.24
65 - 80% Choice      82     60.7  1,306-1,306   1,306 122.39-122.39     122.39
35 - 65% Choice      62     61.2  1,424-1,424   1,424 123.33-123.33     123.33
 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      18     61.4    715-715      715  203.44-203.44     203.44
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      42     62.8    788-891      859  202.93-206.51     205.40
65 - 80% Choice      75     61.2    766-840      800  190.55-209.37     200.59
35 - 65% Choice     208     63.8    642-900      762  198.40-212.00     205.90
 0 - 35% Choice      40     64.3    788-788      788  209.14-209.14     209.14
ALL STEERS & HEIFERS
                    383     63.1    642-900      780  190.55-212.00     205.03
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     129     60.1    772-909      846  193.77-201.34     197.71
65 - 80% Choice     101     61.7    821-829      827  185.16-210.78     204.44
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
 No Reportable Trade.
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     253     63.4  1,235-1,273   1,244 131.85-134.00     133.27
 0 - 35% Choice      71     64.9  1,454-1,454   1,454 133.13-133.13     133.13
ALL STEERS & HEIFERS
                    324     63.7  1,235-1,454   1,290 131.85-134.00     133.24
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      93     59.7  1,255-1,255   1,255 129.91-129.91     129.91
35 - 65% Choice      37     58.4  1,369-1,369   1,369 117.89-117.89     117.89
 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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