Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 10/11/2016

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Report Date: 10/11/2016

LM_CT107
St. Joseph, MO    Tue, Oct 11, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 10/10/2016

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   24,287     58,691      23,511       60,557      17,028       38,981
Live:       3,202      4,564       2,792        3,655       6,287        7,723
Total:     27,489     63,255      26,303       64,212      23,315       46,704

NEGOTIATED GRID NET:
Dressed:    2,616      5,359       1,816        4,904       3,718        5,233
Live:           0          0          94           94          81           81
Total:      2,616      5,359       1,910        4,998       3,799        5,314


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,252     64.5    870-1,071    950  155.98-189.81     167.41
65 - 80% Choice   3,243     64.0    786-978      914  156.00-167.86     162.81
35 - 65% Choice   3,029     64.4    760-1,013    899  160.50-165.49     162.74
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   5,001     65.0    725-952      854  159.26-195.34     164.80
65 - 80% Choice   3,867     64.9    720-868      827  159.78-168.51     165.47
35 - 65% Choice   1,253     64.2    767-842      814  160.14-166.06     163.52
 0 - 35% Choice      43     64.3    768-768      768  165.68-165.68     165.68
MIXED STEER/HEIFER
Over 80% Choice   1,119     63.7    726-944      845  159.34-195.75     171.40
65 - 80% Choice      81     62.7    745-867      808  162.80-163.90     163.37
35 - 65% Choice     365     64.2    794-947      854  161.54-165.00     164.07
 0 - 35% Choice     533     64.4    784-872      815  163.20-165.50     164.15
ALL STEERS & HEIFERS
                 22,786     64.5    720-1,071    878  155.98-195.75     165.07
MIXED STEER/HEIFER/COW
Over 80% Choice      91     66.6    900-900      900  167.03-167.03     167.03
65 - 80% Choice     302     63.7    792-881      819  163.51-166.99     165.28
35 - 65% Choice     153     64.5    926-926      926  163.78-163.78     163.78
 0 - 35% Choice      66     64.5    903-903      903  156.24-156.24     156.24
DAIRYBRED STEER/HEIFER
Over 80% Choice     368     62.1    835-913      863  153.92-163.03     159.92
65 - 80% Choice     107     59.4    803-803      803  159.14-159.14     159.14
35 - 65% Choice     282     61.9    783-899      867  153.92-158.84     155.43
 0 - 35% Choice     132     62.3    814-814      814  158.79-158.79     158.79


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     274     63.9  1,425-1,488   1,469  99.00-104.12     102.63
65 - 80% Choice     834     63.7  1,419-1,547   1,528 102.65-110.00     103.23
35 - 65% Choice   1,149     63.3  1,372-1,511   1,432 102.00-104.67     103.62
 0 - 35% Choice     133     64.3  1,385-1,385   1,385 103.57-103.57     103.57
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     138     63.3  1,215-1,215   1,215 103.57-103.57     103.57
 0 - 35% Choice     198     63.9  1,186-1,186   1,186 103.57-103.57     103.57
MIXED STEER/HEIFER
Over 80% Choice     354     63.7  1,357-1,400   1,391 103.00-121.42     107.37
65 - 80% Choice      37     62.0  1,270-1,270   1,270 107.00-107.00     107.00
35 - 65% Choice      61     63.4  1,273-1,398   1,320 102.00-103.96     103.22
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,178     63.6  1,186-1,547   1,425  99.00-121.42     103.88
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      24     61.7  1,360-1,360   1,360  93.98-93.98       93.98
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   1,134     63.9    678-1,076    985  152.86-170.77     158.07
65 - 80% Choice     355     64.7    694-1,068    952  156.00-170.45     163.21
35 - 65% Choice      40     62.0    857-857      857  169.77-169.77     169.77
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     241     65.1    861-906      889  160.80-163.21     161.75
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     209     63.1    741-891      821  159.66-169.19     166.38
65 - 80% Choice     287     63.7    789-955      858  161.41-167.70     166.48
35 - 65% Choice      22     65.0    913-913      913  161.07-161.07     161.07
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,288     64.0    678-1,076    936  152.86-170.77     161.30
MIXED STEER/HEIFER/COW
Over 80% Choice      90     61.1    851-851      851  147.15-154.47     150.32
65 - 80% Choice      36     60.7    830-830      830  151.86-151.86     151.86
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     131     60.2    797-906      853  148.73-153.52     151.09
65 - 80% Choice      71     60.1    789-789      789  152.42-152.42     152.42
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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