Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 6/22/2016

Past Market Reports

Report Date: 6/22/2016

LM_CT107
St. Joseph, MO    Wed, Jun 22, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 06/21/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   18,222     94,297      17,655       86,903      15,261       84,795
Live:       2,146     10,103       2,541       11,248       4,910       15,191
Total:     20,368    104,400      20,196       98,151      20,171       99,986

NEGOTIATED GRID NET:
Dressed:      491      5,619       1,625        8,905         479        5,165
Live:           0        386         535          576         252          464
Total:        491      6,005       2,160        9,481         731        5,629


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,007     63.8    736-1,003    880  192.32-245.36     212.94
65 - 80% Choice   4,414     63.8    780-952      890  194.95-242.97     202.83
35 - 65% Choice   1,725     63.8    742-954      880  190.40-206.00     200.03
 0 - 35% Choice      26     62.9    791-791      791  197.35-197.35     197.35
HEIFER
Over 80% Choice   2,041     63.9    705-897      791  196.84-244.98     211.54
65 - 80% Choice   1,830     63.7    704-839      781  192.32-233.70     202.03
35 - 65% Choice     846     63.3    729-836      772  202.44-209.23     205.04
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     533     64.3    748-878      796  208.21-247.98     224.60
65 - 80% Choice     273     63.2    765-858      808  195.00-205.02     202.98
35 - 65% Choice     177     63.5    715-890      733  201.47-203.89     201.72
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 15,872     63.8    704-1,003    848  190.40-247.98     206.93
MIXED STEER/HEIFER/COW
Over 80% Choice      53     65.3    717-717      717  204.86-204.86     204.86
65 - 80% Choice     228     62.5    722-791      777  205.81-206.00     205.85
35 - 65% Choice      71     64.0    696-857      786  197.07-204.00     200.97
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     879     62.0    742-930      857  188.63-207.81     199.61
65 - 80% Choice     509     61.0    765-892      820  185.88-206.79     192.89
35 - 65% Choice     503     61.3    657-917      843  185.88-201.33     190.15
 0 - 35% Choice     107     60.8    841-841      841  196.97-196.97     196.97


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     101     63.5  1,207-1,416   1,335 127.83-155.82     138.64
65 - 80% Choice      84     63.5  1,357-1,419   1,407 125.00-129.00     128.19
35 - 65% Choice     880     63.0  1,438-1,467   1,444 121.65-128.00     127.37
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     174     63.5  1,224-1,224   1,224 125.00-125.00     125.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     377     62.0  1,200-1,321   1,267 145.42-155.70     149.83
65 - 80% Choice                        -                    -
35 - 65% Choice      42     61.4  1,433-1,433   1,433 118.15-118.15     118.15
 0 - 35% Choice      59     63.1  1,280-1,280   1,280 127.92-127.92     127.92
ALL STEERS & HEIFERS
                  1,717     62.8  1,200-1,467   1,368 118.15-155.82     132.56
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     111     61.0  1,387-1,387   1,387 116.95-116.95     116.95
65 - 80% Choice     221     60.9  1,353-1,376   1,362 115.99-120.12     118.61
35 - 65% Choice      97     59.5  1,284-1,284   1,284 114.21-114.21     114.21
 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      40     62.9    827-827      827  207.23-207.23     207.23
65 - 80% Choice      40     62.6    787-787      787  210.10-210.10     210.10
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      82     62.7    780-864      815  204.07-205.45     204.88
65 - 80% Choice      42     62.8    780-780      780  207.15-207.15     207.15
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    204     62.7    780-864      805  204.07-210.10     206.83
MIXED STEER/HEIFER/COW
Over 80% Choice      76     59.0    853-918      893  191.33-192.25     191.95
65 - 80% Choice      34     59.7    777-777      777  179.53-179.53     179.53
35 - 65% Choice      48     62.0    957-957      957  187.43-187.43     187.43
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     104     59.5    814-906      870  187.99-205.96     196.31
65 - 80% Choice      25     55.8    754-754      754  182.10-182.10     182.10
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


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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