Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 3/23/2016

Past Market Reports

Report Date: 3/23/2016

LM_CT108
St. Joseph, MO    Wed, Mar 23, 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:    9,838     83,617      10,957       96,255       9,881       73,469
Live:       1,304      9,261       2,574       14,626       3,499       13,032
Total:     11,142     92,878      13,531      110,881      13,380       86,501

NEGOTIATED GRID NET:
Dressed:    1,660      7,097       1,141        5,984       1,174        7,623
Live:          39        396          51          491           0        1,060
Total:      1,699      7,493       1,192        6,475       1,174        8,683


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,812     64.4    801-1,013    913  210.19-239.15     230.73
65 - 80% Choice     962     64.1    819-1,000    914  216.04-223.64     219.80
35 - 65% Choice   1,114     64.2    655-998      932  203.88-225.99     218.91
 0 - 35% Choice      12     60.1    824-824      824  214.47-214.47     214.47
HEIFER
Over 80% Choice     938     64.2    785-933      862  218.00-231.51     221.94
65 - 80% Choice     166     63.1    827-875      853  220.00-223.64     221.69
35 - 65% Choice     396     62.9    773-773      773  224.07-224.07     224.07
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     379     62.3    722-889      800  216.84-239.29     229.78
65 - 80% Choice     209     62.5    765-801      781  216.54-219.98     218.22
35 - 65% Choice      86     62.7    833-847      844  210.27-220.92     219.06
 0 - 35% Choice   1,486     61.6    648-1,011    778  214.12-217.66     215.05
ALL STEERS & HEIFERS
                  7,560     63.5    648-1,013    864  203.88-239.29     222.33
MIXED STEER/HEIFER/COW
Over 80% Choice      79     62.9    831-842      836  222.00-229.46     225.59
65 - 80% Choice     309     63.3    792-951      809  208.14-223.00     221.41
35 - 65% Choice                        -                    -
 0 - 35% Choice     589     59.4    827-1,078    972  175.98-188.74     183.07
DAIRYBRED STEER/HEIFER
Over 80% Choice     829     61.4    613-946      845  199.21-219.86     212.61
65 - 80% Choice     267     62.1    782-874      830  210.06-214.45     211.45
35 - 65% Choice     205     60.7    780-908      825  206.90-214.00     211.38
 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     561     63.9  1,282-1,518   1,407 139.96-158.54     146.57
65 - 80% Choice     181     64.2  1,397-1,505   1,421 138.00-141.75     140.92
35 - 65% Choice     304     63.8  1,344-1,382   1,372 139.00-141.75     139.71
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     142     63.3  1,091-1,188   1,160 138.32-140.00     138.81
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     116     63.8  1,261-1,299   1,289 138.46-140.00     138.87
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,304     63.8  1,091-1,518   1,364 138.00-158.54     142.66
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     263     63.4    828-963      932  220.90-223.23     222.32
65 - 80% Choice      69     62.7    765-779      769  219.15-228.38     222.09
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     325     62.3    721-897      822  217.21-224.42     221.42
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     212     63.5    781-831      796  216.12-223.02     219.43
65 - 80% Choice      94     61.9    709-860      803  207.85-216.94     213.84
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    963     62.8    709-963      841  207.85-228.38     220.54
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     330     63.4    804-843      838  201.00-217.00     214.96
35 - 65% Choice      55     60.7    696-803      768  187.88-217.31     197.51
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     146     59.0    807-894      870  199.00-210.06     204.95
65 - 80% Choice     166     61.3    875-935      898  185.04-199.59     193.98
35 - 65% Choice                        -                    -
 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
 No Reportable Trade.
MIXED STEER/HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      39     65.5  1,305-1,305   1,305 131.02-131.02     131.02
 0 - 35% Choice                        -                    -
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

1500C






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