Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 6/1/2016

Past Market Reports

Report Date: 6/1/2016

LM_CT107
St. Joseph, MO    Wed, Jun 01, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 05/31/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   19,043     57,076      16,994       84,397      24,263       95,177
Live:       4,157      8,326       2,516       12,234       4,375       14,738
Total:     23,200     65,402      19,510       96,631      28,638      109,915

NEGOTIATED GRID NET:
Dressed:    1,035      2,724         796        6,800       2,028        6,691
Live:         173        173         782        1,421           0            0
Total:      1,208      2,897       1,578        8,221       2,028        6,691


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,579     63.6    740-971      866  197.60-231.31     210.92
65 - 80% Choice   2,875     64.1    723-954      885  190.36-212.95     203.60
35 - 65% Choice   4,749     64.6    764-995      843  198.28-212.11     205.30
 0 - 35% Choice     478     63.9    749-928      814  201.62-207.85     204.33
HEIFER
Over 80% Choice   1,591     64.2    694-889      819  198.78-213.63     206.48
65 - 80% Choice   1,385     64.1    747-1,029    786  200.00-213.29     208.84
35 - 65% Choice   1,199     64.4    673-834      756  198.28-211.71     206.21
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,540     64.0    661-943      829  200.00-232.55     219.78
65 - 80% Choice     383     63.4    735-903      811  199.49-211.64     208.61
35 - 65% Choice     451     61.2    595-881      761  202.11-208.73     206.54
 0 - 35% Choice      43     65.0    893-893      893  207.41-207.41     207.41
ALL STEERS & HEIFERS
                 16,273     64.1    595-1,029    834  190.36-232.55     207.49
MIXED STEER/HEIFER/COW
Over 80% Choice     465     63.5    787-884      820  207.05-214.20     212.34
65 - 80% Choice     168     64.5    870-870      870  210.81-210.81     210.81
35 - 65% Choice     231     63.4    718-794      754  201.41-210.18     205.66
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     604     61.7    737-933      848  193.88-214.88     202.52
65 - 80% Choice     201     59.0    642-777      715  188.04-193.05     190.89
35 - 65% Choice     878     61.2    762-876      816  192.32-205.21     198.42
 0 - 35% Choice     223     60.9    800-812      801  192.56-201.36     200.49


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,160     63.8  1,278-1,502   1,351 131.36-136.97     133.07
65 - 80% Choice   1,082     64.0  1,176-1,569   1,431 131.36-133.87     132.09
35 - 65% Choice     368     62.5  1,260-1,567   1,420 125.00-132.00     130.64
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     292     63.9  1,230-1,352   1,256 132.15-133.00     132.52
65 - 80% Choice      35     63.5  1,303-1,303   1,303 133.00-133.00     133.00
35 - 65% Choice      83     62.8  1,162-1,162   1,162 125.00-125.00     125.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      62     64.7  1,180-1,180   1,180 134.51-134.51     134.51
 0 - 35% Choice      41     64.6  1,167-1,167   1,167 133.23-133.23     133.23
ALL STEERS & HEIFERS
                  3,123     63.7  1,162-1,569   1,367 125.00-136.97     132.21
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     263     61.1  1,231-1,474   1,347 118.52-132.23     127.33
65 - 80% Choice     355     61.4  1,357-1,403   1,381 122.87-126.34     124.14
35 - 65% Choice     416     61.7  1,391-1,400   1,394 119.75-125.05     124.39
 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     154     60.9    670-906      803  196.12-208.72     203.27
65 - 80% Choice                        -                    -
35 - 65% Choice      42     61.7    763-763      763  192.75-192.75     192.75
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     236     62.9    737-832      767  197.41-212.69     208.88
65 - 80% Choice                        -                    -
35 - 65% Choice     178     61.0    679-809      730  181.06-212.80     201.72
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    610     61.8    670-906      765  181.06-212.80     204.26
MIXED STEER/HEIFER/COW
Over 80% Choice      96     59.8    758-886      826  181.29-191.89     189.30
65 - 80% Choice      79     60.6    783-868      820  180.45-189.72     186.59
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     148     60.5    813-904      874  188.34-210.66     200.44
65 - 80% Choice     102     62.0    799-809      807  184.83-206.90     201.27
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     173     63.4  1,149-1,232   1,206 131.00-133.26     132.17
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    173     63.4  1,149-1,232   1,206 131.00-133.26     132.17
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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