Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 2/26/2016

Past Market Reports

Report Date: 2/26/2016

LM_CT108
St. Joseph, MO    Fri, Feb 26, 2016    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   14,681    152,332      14,367      171,421      13,305      135,664
Live:       2,636     22,008       2,891       24,576       3,316       29,932
Total:     17,317    174,340      17,258      195,997      16,621      165,596

NEGOTIATED GRID NET:
Dressed:    2,617     11,513       1,346       10,006       1,717        9,005
Live:           0        647          21          854         129          199
Total:      2,617     12,160       1,367       10,860       1,846        9,204


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,657     62.8    837-1,094    935  197.46-215.14     209.55
65 - 80% Choice   2,724     64.5    818-1,026    898  206.01-213.65     210.97
35 - 65% Choice   3,290     64.5    739-991      856  202.36-213.90     209.15
 0 - 35% Choice     218     65.0    900-901      901  205.43-207.62     207.04
HEIFER
Over 80% Choice     440     64.1    753-874      833  206.45-215.73     209.94
65 - 80% Choice   1,797     64.3    650-846      752  210.25-217.34     212.26
35 - 65% Choice     119     62.7    707-707      707  210.55-210.55     210.55
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     888     63.9    749-961      868  207.83-216.65     212.17
65 - 80% Choice     399     63.3    715-921      887  210.00-214.23     211.08
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 11,532     64.1    650-1,094    861  197.46-217.34     210.43
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     465     63.1    716-782      754  212.82-214.76     213.79
35 - 65% Choice     128     60.2    615-801      736  195.17-207.13     203.15
 0 - 35% Choice     356     56.5    778-1,041    925  154.97-178.73     169.27
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,232     61.7    763-909      845  202.72-211.73     205.29
65 - 80% Choice     687     62.2    727-894      849  202.06-210.89     203.91
35 - 65% Choice     261     61.3    782-856      808  204.90-206.16     205.70
 0 - 35% Choice      20     59.9    790-790      790  204.00-204.00     204.00


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                        -                    -
65 - 80% Choice     122     62.8  1,375-1,375   1,375 134.00-134.00     134.00
35 - 65% Choice     287     64.1  1,118-1,366   1,209 132.25-134.00     133.02
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     169     63.4  1,421-1,421   1,421 134.50-134.50     134.50
65 - 80% Choice                        -                    -
35 - 65% Choice     574     63.0  1,136-1,142   1,141 132.25-133.99     132.51
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     552     62.7  1,039-1,145   1,081 132.08-132.25     132.15
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,704     63.1  1,039-1,421   1,178 132.08-134.50     132.78
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice       1     58.5  1,339-1,339   1,339 125.25-125.25     125.25
65 - 80% Choice     616     59.5  1,325-1,500   1,402 125.25-125.72     125.49
35 - 65% Choice     315     59.6  1,340-1,347   1,343 125.25-125.63     125.43
 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     436     65.1    677-973      944  210.36-214.09     210.84
65 - 80% Choice                        -                    -
35 - 65% Choice     286     66.2    811-811      811  208.41-208.41     208.41
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     349     63.7    706-920      848  201.05-211.48     204.72
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     164     61.6    756-866      842  196.79-210.54     206.91
65 - 80% Choice      81     61.7    881-881      881  206.25-206.25     206.25
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,316     64.3    677-973      873  196.79-214.09     207.92
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      39     64.1    780-780      780  200.57-200.57     200.57
35 - 65% Choice     693     63.9    938-952      945  198.98-202.51     200.76
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     444     60.9    813-968      863  182.96-201.35     195.77
65 - 80% Choice     113     60.6    770-885      838  184.29-198.70     197.32
35 - 65% Choice      12     60.8    773-773      773  181.95-181.95     181.95
 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

1500C






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