Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 5/4/2016

Past Market Reports

Report Date: 5/4/2016

LM_CT108
St. Joseph, MO    Wed, May 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:   10,277     98,210       8,409       95,797       9,464       86,875
Live:         939     10,330       1,904       12,135       2,174       17,923
Total:     11,216    108,540      10,313      107,932      11,638      104,798

NEGOTIATED GRID NET:
Dressed:    2,923      8,109         749        6,830       1,524        6,276
Live:         188        821          42          918           0          491
Total:      3,111      8,930         791        7,748       1,524        6,767


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,218     64.1    787-952      891  197.26-228.25     207.31
65 - 80% Choice   1,876     64.6    724-971      872  197.75-204.79     200.67
35 - 65% Choice   1,535     63.3    737-902      847  184.33-203.04     197.15
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     742     63.8    735-903      818  201.88-212.31     203.87
65 - 80% Choice     376     62.6    757-871      776  197.38-200.93     199.01
35 - 65% Choice     121     63.8    709-806      770  191.41-197.32     195.17
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     179     62.8    774-867      836  192.66-205.85     199.95
65 - 80% Choice      41     64.4    833-833      833  213.51-213.51     213.51
35 - 65% Choice     328     63.8    679-909      817  193.84-201.12     198.15
 0 - 35% Choice     619     63.2    671-928      786  193.62-199.12     197.45
ALL STEERS & HEIFERS
                  8,035     63.9    671-971      851  184.33-228.25     201.66
MIXED STEER/HEIFER/COW
Over 80% Choice      86     60.4    801-828      814  196.79-198.11     197.42
65 - 80% Choice                        -                    -
35 - 65% Choice      37     58.4    840-840      840  188.63-188.63     188.63
 0 - 35% Choice     647     59.8    880-1,035    947  151.89-168.84     161.23
DAIRYBRED STEER/HEIFER
Over 80% Choice     463     62.1    745-926      842  185.27-198.20     190.25
65 - 80% Choice     670     61.8    783-906      835  185.13-200.00     190.92
35 - 65% Choice     339     61.6    801-871      825  184.22-186.72     185.30
 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                        -                    -
65 - 80% Choice     209     62.4  1,407-1,407   1,407 125.00-125.00     125.00
35 - 65% Choice     611     62.4  1,266-1,311   1,292 122.42-125.47     124.19
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      39     62.6  1,170-1,170   1,170 121.55-121.55     121.55
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    859     62.4  1,170-1,407   1,314 121.55-125.47     124.27
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      80     58.8  1,468-1,468   1,468 117.00-117.00     117.00
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      12     60.1    766-766      766  218.61-218.61     218.61
65 - 80% Choice                        -                    -
35 - 65% Choice     157     63.8    765-860      811  193.77-196.64     194.85
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     106     63.5    657-897      786  196.03-207.10     202.47
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     124     61.9    754-838      780  188.92-193.88     190.48
MIXED STEER/HEIFER
Over 80% Choice     391     62.2    712-923      835  192.59-211.52     204.51
65 - 80% Choice     139     61.0    694-866      710  202.87-204.80     203.05
35 - 65% Choice      36     62.0    718-718      718  198.29-198.29     198.29
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    965     62.3    657-923      796  188.92-218.61     200.65
MIXED STEER/HEIFER/COW
Over 80% Choice     896     61.5    780-895      852  195.12-212.91     196.97
65 - 80% Choice     200     65.2    936-936      936  188.70-188.70     188.70
35 - 65% Choice      40     59.7    902-902      902  194.88-194.88     194.88
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     761     61.6    684-976      881  173.47-203.17     188.34
65 - 80% Choice      46     60.5    861-866      862  183.88-205.81     189.12
35 - 65% Choice      15     58.2    820-820      820  171.94-171.94     171.94
 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
Over 80% Choice                        -                    -
65 - 80% Choice      84     64.0  1,213-1,213   1,213 132.67-132.67     132.67
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      79     60.5  1,400-1,400   1,400 130.00-130.00     130.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    163     62.3  1,213-1,400   1,304 130.00-132.67     131.38
MIXED STEER/HEIFER/COW
Over 80% Choice      25     61.4  1,476-1,476   1,476 116.00-116.00     116.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 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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