Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 6/8/2016

Past Market Reports

Report Date: 6/8/2016

LM_CT107
St. Joseph, MO    Wed, Jun 08, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 06/07/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   15,179     97,702      19,043       57,144      19,247       86,994
Live:       3,102     16,037       4,157        8,326       4,040       19,501
Total:     18,281    113,739      23,200       65,470      23,287      106,495

NEGOTIATED GRID NET:
Dressed:    1,232      6,632       1,035        2,774       1,289        4,940
Live:           0        741         173          173         132          216
Total:      1,232      7,373       1,208        2,947       1,421        5,156


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,680     64.1    823-1,076    898  192.09-231.37     207.94
65 - 80% Choice   2,830     64.1    772-996      891  198.58-207.00     202.50
35 - 65% Choice   1,421     63.5    818-949      875  194.59-206.81     198.23
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,712     64.0    753-920      792  191.24-230.94     206.63
65 - 80% Choice   1,801     63.9    689-874      801  198.00-207.00     200.05
35 - 65% Choice     547     63.9    668-786      750  192.91-197.68     194.79
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     246     63.9    848-952      884  186.16-231.96     207.48
65 - 80% Choice                        -                    -
35 - 65% Choice     179     64.5    737-837      811  196.15-201.33     198.55
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 13,416     64.0    668-1,076    860  186.16-231.96     203.87
MIXED STEER/HEIFER/COW
Over 80% Choice      81     60.1    849-849      849  200.00-200.00     200.00
65 - 80% Choice     195     62.4    723-723      723  200.16-200.16     200.16
35 - 65% Choice     465     63.8    796-796      796  197.39-197.39     197.39
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     145     61.8    873-873      873  196.75-196.75     196.75
65 - 80% Choice     557     61.4    798-907      863  192.32-202.39     197.69
35 - 65% Choice     320     60.4    814-864      851  186.99-192.32     190.99
 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     272     63.6  1,411-1,477   1,449 124.86-124.91     124.88
65 - 80% Choice     248     62.7  1,377-1,467   1,438 124.86-129.00     126.18
35 - 65% Choice     841     62.8  1,228-1,502   1,417 124.86-129.00     127.54
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     216     60.4  1,130-1,330   1,238 145.71-154.46     148.95
65 - 80% Choice                        -                    -
35 - 65% Choice     279     63.5  1,232-1,246   1,236 125.00-125.00     125.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,856     62.7  1,130-1,502   1,377 124.86-154.46     129.08
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     193     62.8  1,225-1,225   1,225 124.86-124.86     124.86
35 - 65% Choice     171     63.3  1,279-1,279   1,279 124.86-124.86     124.86
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     132     61.8  1,498-1,498   1,498 115.57-115.57     115.57
65 - 80% Choice     384     61.2  1,440-1,441   1,440 115.13-121.00     119.17
35 - 65% Choice     366     62.0  1,374-1,410   1,383 117.46-128.75     120.14
 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      27     62.0    783-783      783  204.24-204.24     204.24
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     573     64.5    701-794      746  196.59-201.58     199.21
65 - 80% Choice                        -                    -
35 - 65% Choice      42     64.6    769-769      769  199.00-199.00     199.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      68     62.0    718-836      779  194.83-208.91     203.56
65 - 80% Choice      82     62.7    665-866      746  190.95-194.78     192.49
35 - 65% Choice      68     62.3    746-767      755  198.07-203.10     201.03
 0 - 35% Choice      41     62.5    826-826      826  188.14-188.14     188.14
ALL STEERS & HEIFERS
                    901     63.8    665-866      755  188.14-208.91     198.70
MIXED STEER/HEIFER/COW
Over 80% Choice     120     62.2    734-881      788  191.89-200.28     196.63
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      28     58.0    831-932      874  191.37-196.17     194.11
65 - 80% Choice     149     61.0    795-822      801  192.45-196.96     193.51
35 - 65% Choice                        -                    -
 0 - 35% Choice      34     63.9    903-903      903  201.99-201.99     201.99


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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