Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 7/14/2016

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Report Date: 7/14/2016

LM_CT107
St. Joseph, MO    Thu, Jul 14, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 07/13/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   23,001    136,626      26,212       95,575      15,974      122,787
Live:       2,513     17,664       2,671       10,369       6,784       25,221
Total:     25,514    154,290      28,883      105,944      22,758      148,008

NEGOTIATED GRID NET:
Dressed:      400      9,726         673        6,640       1,029        9,543
Live:          39        352         272          472         117          924
Total:        439     10,078         945        7,112       1,146       10,467


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,501     63.5    747-968      880  189.53-221.88     202.81
65 - 80% Choice   7,129     63.8    789-972      897  186.15-197.69     192.68
35 - 65% Choice   2,134     64.0    837-956      880  187.74-206.80     191.74
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,579     63.2    706-873      800  191.82-218.53     197.18
65 - 80% Choice   3,672     63.6    732-863      808  189.11-214.91     193.81
35 - 65% Choice   1,203     64.3    748-843      800  188.25-211.88     191.95
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     312     62.7    723-857      783  191.00-206.09     197.78
65 - 80% Choice     321     62.9    711-842      758  191.55-212.27     199.61
35 - 65% Choice     409     63.3    783-890      859  185.18-195.32     188.44
 0 - 35% Choice      94     60.3    659-659      659  178.72-178.72     178.72
ALL STEERS & HEIFERS
                 19,354     63.7    659-972      856  178.72-221.88     194.46
MIXED STEER/HEIFER/COW
Over 80% Choice     342     63.3    772-811      806  197.00-203.31     202.59
65 - 80% Choice   1,439     64.2    790-835      806  190.48-196.56     192.90
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,064     61.3    814-939      873  178.03-191.98     185.41
65 - 80% Choice     592     61.9    763-906      837  179.67-188.41     183.70
35 - 65% Choice     210     62.2    871-902      885  181.48-186.71     184.19
 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     163     63.4  1,373-1,477   1,415 121.00-122.50     121.77
65 - 80% Choice     137     62.6  1,480-1,480   1,480 121.78-121.78     121.78
35 - 65% Choice   1,162     64.0  1,391-1,542   1,430 121.00-121.78     121.58
 0 - 35% Choice     195     63.2  1,482-1,484   1,483 121.78-121.78     121.78
HEIFER
Over 80% Choice      54     63.0  1,299-1,299   1,299 121.00-121.00     121.00
65 - 80% Choice     165     60.5  1,316-1,316   1,316 121.78-121.78     121.78
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                  1,876     63.4  1,299-1,542   1,424 121.00-122.50     121.63
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     173     63.3  1,375-1,375   1,375 121.78-121.78     121.78
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      94     66.8  1,414-1,414   1,414 115.79-115.79     115.79
65 - 80% Choice     370     67.6  1,397-1,432   1,408 115.79-118.59     117.88
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
 No Reportable Trade.
HEIFER
Over 80% Choice      44     62.7    730-730      730  194.61-194.61     194.61
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      57     63.2    721-756      746  195.52-196.87     196.47
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    101     63.0    721-756      739  194.61-196.87     195.66
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     229     59.8    782-917      834  180.48-190.76     184.86
65 - 80% Choice      70     58.6    753-886      817  180.72-183.16     181.97
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      20     58.6  1,488-1,488   1,488 112.62-112.62     112.62
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     20     58.6  1,488-1,488   1,488 112.62-112.62     112.62
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      19     59.8  1,261-1,261   1,261 105.44-105.44     105.44
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


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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