Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 9/2/2016

Past Market Reports

Report Date: 9/2/2016

LM_CT107
St. Joseph, MO    Fri, Sep 02, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 09/01/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   32,393    180,351      25,324      173,398      18,170      154,259
Live:       2,220     21,796       2,413       16,626       5,612       28,041
Total:     34,613    202,147      27,737      190,024      23,782      182,300

NEGOTIATED GRID NET:
Dressed:    1,529     14,411       1,389       12,628       2,478       14,648
Live:         191        622         130          926          80          682
Total:      1,720     15,033       1,519       13,554       2,558       15,330


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,635     63.5    628-1,014    917  165.27-215.74     187.99
65 - 80% Choice   6,974     64.2    653-1,065    921  169.14-189.67     182.22
35 - 65% Choice  10,051     64.0    714-961      881  176.77-189.67     181.60
 0 - 35% Choice     282     64.3    735-877      820  173.34-180.81     178.36
HEIFER
Over 80% Choice   2,750     64.1    724-909      846  177.61-216.26     184.04
65 - 80% Choice   2,321     63.7    717-995      819  181.05-186.96     182.87
35 - 65% Choice   1,271     63.5    731-884      810  180.91-183.32     182.14
 0 - 35% Choice     163     63.0    692-750      715  177.91-179.48     178.54
MIXED STEER/HEIFER
Over 80% Choice     485     64.0    742-916      849  180.52-192.73     185.42
65 - 80% Choice      80     61.9    767-779      777  183.09-186.79     186.28
35 - 65% Choice      40     61.9    883-883      883  177.64-177.64     177.64
 0 - 35% Choice      39     61.4    785-785      785  181.39-181.39     181.39
ALL STEERS & HEIFERS
                 28,091     63.9    628-1,065    881  165.27-216.26     182.97
MIXED STEER/HEIFER/COW
Over 80% Choice     260     62.9    857-857      857  181.70-181.70     181.70
65 - 80% Choice     667     64.8    730-826      814  181.71-184.28     183.68
35 - 65% Choice     696     64.2    725-848      819  180.37-182.78     182.12
 0 - 35% Choice      88     61.4    848-848      848  166.33-166.33     166.33
DAIRYBRED STEER/HEIFER
Over 80% Choice     960     62.0    753-885      822  165.16-184.67     177.34
65 - 80% Choice     448     61.1    823-945      881  171.77-180.57     177.85
35 - 65% Choice   1,183     61.1    724-902      834  170.12-177.78     175.34
 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     173     63.8  1,336-1,455   1,410 119.00-126.57     122.85
65 - 80% Choice     715     63.1  1,461-1,528   1,504 114.96-115.10     115.06
35 - 65% Choice     693     63.5  1,285-1,500   1,408 112.33-116.91     115.26
 0 - 35% Choice      74     64.0  1,275-1,275   1,275 113.84-113.84     113.84
HEIFER
Over 80% Choice     104     64.9  1,379-1,379   1,379 115.96-115.96     115.96
65 - 80% Choice     224     62.4  1,288-1,288   1,288 114.96-114.96     114.96
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      80     63.3  1,220-1,220   1,220 133.00-133.00     133.00
65 - 80% Choice                        -                    -
35 - 65% Choice      53     62.7  1,272-1,272   1,272 114.96-114.96     114.96
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,116     63.3  1,220-1,528   1,411 112.33-133.00     116.43
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     104     61.6  1,359-1,359   1,359 105.23-105.23     105.23
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     552     64.5    809-1,001    925  179.75-186.35     183.80
65 - 80% Choice                        -                    -
35 - 65% Choice     267     62.9    876-893      890  183.52-185.45     183.82
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     208     63.9    688-936      840  183.28-190.68     185.90
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     163     64.2    751-841      801  184.99-190.31     188.18
65 - 80% Choice      38     62.6    810-810      810  175.83-175.83     175.83
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,228     64.0    688-1,001    883  175.83-190.68     184.50
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      94     59.0    845-936      913  168.15-172.56     171.43
65 - 80% Choice     175     61.1    849-879      873  170.66-172.51     172.13
35 - 65% Choice      32     58.0    824-824      824  163.77-163.77     163.77
 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
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      50     64.0  1,066-1,066   1,066 116.00-116.00     116.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      68     61.3  1,382-1,382   1,382 107.57-107.57     107.57
 0 - 35% Choice      73     63.1  1,147-1,196   1,171 115.00-115.00     115.00
ALL STEERS & HEIFERS
                    191     62.7  1,066-1,382   1,218 107.57-116.00     112.62
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 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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