Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 6/24/2016

Past Market Reports

Report Date: 6/24/2016

LM_CT107
St. Joseph, MO    Fri, Jun 24, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 06/23/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   22,549    169,691      19,964      159,560      18,243      158,568
Live:       1,649     19,070       4,544       23,602       7,330       28,096
Total:     24,198    188,761      24,508      183,162      25,573      186,664

NEGOTIATED GRID NET:
Dressed:      616     11,542       1,166       13,116         918        9,444
Live:           0        606           0        1,897           0          618
Total:        616     12,148       1,166       15,013         918       10,062


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,645     64.3    788-981      895  189.83-210.03     200.44
65 - 80% Choice   4,242     64.1    668-994      896  187.25-208.83     197.75
35 - 65% Choice   7,111     63.8    697-951      831  182.76-209.12     191.04
 0 - 35% Choice     203     61.9    843-876      859  188.56-189.75     189.18
HEIFER
Over 80% Choice   1,124     63.7    714-807      776  196.40-211.46     201.23
65 - 80% Choice   1,860     63.8    602-826      779  191.27-199.87     194.92
35 - 65% Choice     660     63.6    660-835      768  184.84-195.87     192.90
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     428     62.3    620-892      804  185.12-204.00     195.58
65 - 80% Choice     221     63.4    807-821      813  198.55-203.54     200.65
35 - 65% Choice     117     63.7    786-829      815  192.73-203.00     196.96
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 17,611     63.8    602-994      841  182.76-211.46     194.91
MIXED STEER/HEIFER/COW
Over 80% Choice     278     62.9    792-792      792  202.09-202.09     202.09
65 - 80% Choice     264     63.3    710-826      807  193.52-197.20     194.12
35 - 65% Choice      94     61.6    660-660      660  190.68-190.68     190.68
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   2,049     61.7    770-910      854  181.11-195.80     187.84
65 - 80% Choice   1,352     61.8    784-914      867  180.04-189.69     185.70
35 - 65% Choice     851     61.4    820-912      849  177.25-187.91     183.02
 0 - 35% Choice      50     59.7    635-664      642  156.70-176.25     171.95


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     541     64.7  1,366-1,797   1,510 121.20-127.52     122.32
65 - 80% Choice     150     63.3  1,443-1,443   1,443 124.00-124.00     124.00
35 - 65% Choice     238     64.0  1,274-1,415   1,388 121.09-121.65     121.23
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      99     63.3  1,219-1,355   1,274 122.20-122.50     122.38
65 - 80% Choice     295     62.9  1,067-1,273   1,244 121.09-126.59     121.88
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     228     58.3  1,164-1,377   1,196 129.00-144.36     142.07
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,551     63.1  1,067-1,797   1,373 121.09-144.36     125.14
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      62     59.7  1,477-1,480   1,479 109.59-109.59     109.59
65 - 80% Choice      36     61.7  1,325-1,325   1,325 112.59-112.59     112.59
35 - 65% Choice                        -                    -
 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      58     61.8    741-930      858  208.29-211.00     209.32
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      75     64.3    808-808      808  208.78-212.60     210.92
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     121     63.0    729-824      781  201.00-218.31     209.63
65 - 80% Choice      76     62.0    782-851      817  188.04-196.39     190.66
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    330     62.8    729-930      809  188.04-218.31     205.50
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      68     59.2    865-897      887  184.75-206.00     194.14
65 - 80% Choice      69     59.7    782-885      833  170.42-187.39     179.03
35 - 65% Choice     149     59.1    817-817      817  189.82-189.82     189.82
 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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