Direct Slaughter Cattle - Formulated Purchases - Morning

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5. 3/23/2017

Past Market Reports

Report Date: 3/23/2017

LM_CT107
St. Joseph, MO    Thu, Mar 23, 2017    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 03/22/2017

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   13,426    103,515      15,499      109,470      17,954      101,616
Live:       2,548     18,331       3,044       18,946       2,271       11,598
Total:     15,974    121,846      18,543      128,416      20,225      113,214

NEGOTIATED GRID NET:
Dressed:      436      7,343         546       10,070         539        7,820
Live:           0        327           0           44         398          794
Total:        436      7,670         546       10,114         937        8,614


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,423     63.7    758-1,039    927  195.79-247.71     217.95
65 - 80% Choice   2,904     63.9    829-954      883  190.25-209.53     203.58
35 - 65% Choice   1,219     63.7    816-949      870  191.18-206.23     201.67
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,559     63.1    748-962      833  195.83-238.90     213.40
65 - 80% Choice     422     63.1    687-844      766  198.28-206.30     202.06
35 - 65% Choice     117     62.5    778-843      809  193.14-197.39     195.36
 0 - 35% Choice      15     56.4    559-559      559  192.57-192.57     192.57
MIXED STEER/HEIFER
Over 80% Choice   1,024     63.9    669-984      853  198.40-239.61     218.55
65 - 80% Choice                        -                    -
35 - 65% Choice      14     61.3    847-847      847  206.44-206.44     206.44
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  9,697     63.6    559-1,039    875  190.25-247.71     209.91
MIXED STEER/HEIFER/COW
Over 80% Choice     885     62.9    679-869      836  196.37-199.88     197.88
65 - 80% Choice     526     64.5    771-904      802  189.38-199.26     197.52
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,128     62.2    701-976      848  189.47-206.67     197.27
65 - 80% Choice     896     61.0    759-870      818  185.00-198.10     193.38
35 - 65% Choice     294     61.3    832-839      838  190.90-195.46     194.48
 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     143     63.2  1,343-1,559   1,450 124.00-129.00     126.39
65 - 80% Choice     449     64.9  1,542-1,542   1,542 125.37-125.37     125.37
35 - 65% Choice     157     64.2  1,318-1,333   1,324 128.48-128.50     128.49
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     160     63.1  1,225-1,232   1,230 130.00-145.74     141.81
65 - 80% Choice      59     64.0  1,235-1,235   1,235 124.00-124.00     124.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                    968     64.2  1,225-1,559   1,423 124.00-145.74     128.66
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,053     60.0  1,264-1,462   1,385 108.81-120.64     118.17
65 - 80% Choice      97     60.0  1,418-1,626   1,494 118.64-120.64     119.98
35 - 65% Choice     430     62.2  1,304-1,304   1,304 109.92-109.92     109.92
 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                        -                    -
65 - 80% Choice      43     62.6    941-941      941  194.19-194.19     194.19
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     105     63.4    764-1,021    825  204.95-216.00     213.37
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    148     63.2    764-1,021    859  194.19-216.00     207.80
MIXED STEER/HEIFER/COW
Over 80% Choice      33     58.1    819-819      819  161.34-161.34     161.34
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     161     59.3    600-915      827  153.15-189.79     160.04
65 - 80% Choice      94     60.0    848-863      857  153.12-154.61     153.85
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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