Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 6/2/2016

Past Market Reports

Report Date: 6/2/2016

LM_CT107
St. Joseph, MO    Thu, Jun 02, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 06/01/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   10,072     93,011      29,351      127,380      20,761      125,289
Live:       1,968     12,146       1,599       14,345       1,997       21,260
Total:     12,040    105,157      30,950      141,725      22,758      146,549

NEGOTIATED GRID NET:
Dressed:      813      4,601         980        9,875       1,674        9,476
Live:           0        173         191        1,612         275          275
Total:        813      4,774       1,171       11,487       1,949        9,751


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,600     63.7    747-1,031    889  199.97-244.43     222.52
65 - 80% Choice   1,608     63.4    647-950      877  196.00-210.00     202.60
35 - 65% Choice     699     63.2    779-958      843  198.28-212.57     204.88
 0 - 35% Choice     135     63.6    843-863      854  203.60-207.41     205.29
HEIFER
Over 80% Choice   1,658     64.1    766-896      833  201.49-241.11     214.91
65 - 80% Choice     528     63.1    694-835      764  198.28-210.92     206.57
35 - 65% Choice      93     62.7    600-600      600  205.18-205.18     205.18
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      54     64.7    676-907      821  208.82-212.00     210.00
65 - 80% Choice     159     63.4    732-875      852  198.28-208.65     204.71
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  7,534     63.6    600-1,031    856  196.00-244.43     212.85
MIXED STEER/HEIFER/COW
Over 80% Choice     307     63.1    803-803      803  211.94-211.94     211.94
65 - 80% Choice     204     63.8    872-872      872  210.00-210.00     210.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     446     59.8    715-917      819  192.37-204.30     198.76
65 - 80% Choice     601     61.3    782-888      853  192.32-203.79     200.05
35 - 65% Choice     980     60.8    816-881      838  192.32-203.80     197.90
 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      92     63.5  1,414-1,414   1,414 135.00-135.00     135.00
65 - 80% Choice     175     64.7  1,387-1,387   1,387 130.45-130.45     130.45
35 - 65% Choice     423     64.7  1,312-1,369   1,343 123.59-130.45     127.35
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     265     63.6  1,185-1,549   1,383 124.32-131.99     128.49
35 - 65% Choice     165     64.7  1,163-1,171   1,167 122.29-124.07     123.31
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     121     63.3  1,228-1,228   1,228 131.99-131.99     131.99
65 - 80% Choice                        -                    -
35 - 65% Choice     168     63.5  1,246-1,255   1,253 125.00-125.00     125.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,409     64.2  1,163-1,549   1,319 122.29-135.00     128.10
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     249     59.9  1,264-1,396   1,312 119.83-122.77     120.90
65 - 80% Choice     216     60.6  1,387-1,473   1,436 118.00-122.78     120.10
35 - 65% Choice      94     60.8  1,344-1,344   1,344 121.51-121.51     121.51
 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     153     62.9    767-786      784  200.00-215.09     212.42
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      52     62.8    709-801      780  199.84-202.56     201.93
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     168     62.4    732-860      797  201.38-215.29     207.41
65 - 80% Choice                        -                    -
35 - 65% Choice      33     62.6    702-702      702  192.60-192.60     192.60
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    406     62.6    702-860      782  192.60-215.29     207.39
MIXED STEER/HEIFER/COW
Over 80% Choice     179     60.2    771-865      828  182.59-203.01     192.68
65 - 80% Choice      12     62.8    832-832      832  190.75-190.75     190.75
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      71     59.6    714-906      839  180.75-193.89     187.50
65 - 80% Choice     119     60.4    680-881      780  182.06-197.86     192.53
35 - 65% Choice                        -                    -
 0 - 35% Choice      26     58.1    884-884      884  178.16-178.16     178.16


NEGOTIATED GRID NET - LIVE BASIS
 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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