Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 3/4/2016

Past Market Reports

Report Date: 3/4/2016

LM_CT108
St. Joseph, MO    Fri, Mar 04, 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:   11,812    157,216      14,642      152,293      15,313      142,597
Live:       3,402     27,486       2,635       22,007       1,637       27,148
Total:     15,214    184,702      17,277      174,300      16,950      169,745

NEGOTIATED GRID NET:
Dressed:    1,344     10,595       2,587       11,483         854        7,658
Live:           0      1,187           0          647         126          488
Total:      1,344     11,782       2,587       12,130         980        8,146


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,639     64.3    698-1,032    945  209.78-225.82     218.27
65 - 80% Choice   1,104     63.0    802-1,010    925  212.00-216.56     215.61
35 - 65% Choice   1,307     64.2    756-961      845  205.96-216.56     210.85
 0 - 35% Choice     178     64.4    786-858      821  209.54-209.92     209.74
HEIFER
Over 80% Choice   1,106     63.9    755-954      856  212.00-220.66     217.29
65 - 80% Choice     189     62.9    793-935      854  212.00-216.56     213.09
35 - 65% Choice                        -                    -
 0 - 35% Choice      20     63.0    656-656      656  208.13-208.13     208.13
MIXED STEER/HEIFER
Over 80% Choice     658     63.1    678-917      835  211.12-221.46     216.86
65 - 80% Choice     383     64.0    726-880      868  212.58-216.65     214.65
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  7,584     63.9    656-1,032    893  205.96-225.82     215.80
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     126     61.9    785-891      834  207.00-208.75     208.09
35 - 65% Choice     267     60.7  1,051-1,051   1,051 190.72-190.72     190.72
 0 - 35% Choice   2,009     58.4    915-950      926  172.03-183.73     175.32
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,062     61.6    717-915      847  203.83-216.85     209.85
65 - 80% Choice     235     61.8    786-894      857  206.42-211.67     209.85
35 - 65% Choice     529     61.7    754-866      822  208.00-211.45     209.34
 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     614     65.3  1,484-1,565   1,494 137.43-137.94     137.90
65 - 80% Choice     388     64.1  1,392-1,498   1,442 136.94-138.19     137.35
35 - 65% Choice     441     63.3  1,292-1,292   1,292 135.45-135.45     135.45
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     913     62.4  1,413-1,448   1,430 136.93-137.93     137.52
65 - 80% Choice     138     63.0  1,347-1,347   1,347 137.00-137.00     137.00
35 - 65% Choice      93     63.0  1,126-1,126   1,126 136.94-136.94     136.94
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     140     64.3  1,466-1,466   1,466 137.93-137.93     137.93
65 - 80% Choice                        -                    -
35 - 65% Choice      46     63.6  1,347-1,347   1,347 136.94-136.94     136.94
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,773     63.6  1,126-1,565   1,410 135.45-138.19     137.21
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      36     59.9  1,384-1,384   1,384 128.00-128.00     128.00
65 - 80% Choice     454     61.3  1,342-1,382   1,348 129.00-129.00     129.00
35 - 65% Choice     139     61.2  1,396-1,494   1,424 129.00-129.00     129.00
 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     210     60.6    783-952      923  211.56-216.64     214.76
65 - 80% Choice      34     63.6    911-911      911  207.80-207.80     207.80
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     153     63.0    759-843      810  204.00-214.46     209.91
65 - 80% Choice      96     61.6    760-878      779  208.57-216.60     209.90
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    493     61.7    759-952      859  204.00-216.64     211.83
MIXED STEER/HEIFER/COW
Over 80% Choice      77     62.1    797-810      804  206.24-209.37     207.83
65 - 80% Choice      53     64.0    772-832      817  202.53-207.22     203.68
35 - 65% Choice     371     62.7    802-874      850  191.31-203.62     200.47
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     339     60.8    791-1,047    857  178.27-204.21     200.52
65 - 80% Choice                        -                    -
35 - 65% Choice      11     60.1    688-688      688  204.42-204.42     204.42
 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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