Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 5/31/2016

Past Market Reports

Report Date: 5/31/2016

LM_CT108
St. Joseph, MO    Tue, May 31, 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:   38,033     38,033      20,515       67,403      16,808       70,914
Live:       4,169      4,169       2,206        9,718       2,443       10,363
Total:     42,202     42,202      22,721       77,121      19,251       81,277

NEGOTIATED GRID NET:
Dressed:    1,689      1,689       2,108        6,004       1,286        4,663
Live:           0          0         232          639           0            0
Total:      1,689      1,689       2,340        6,643       1,286        4,663


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   8,713     64.0    706-985      884  200.00-221.31     210.71
65 - 80% Choice   6,672     64.1    742-957      879  200.00-213.35     208.72
35 - 65% Choice   2,431     63.3    601-932      867  194.91-209.82     206.60
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   8,851     64.3    613-866      798  203.84-221.69     211.00
65 - 80% Choice   2,099     64.6    717-847      792  204.03-213.00     209.37
35 - 65% Choice     666     64.0    691-888      778  199.00-207.47     206.42
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   2,271     63.3    719-921      816  200.00-220.16     211.80
65 - 80% Choice     955     63.1    673-902      823  190.06-213.10     208.92
35 - 65% Choice     274     63.8    764-854      780  201.47-203.36     202.72
 0 - 35% Choice      30     62.5    667-667      667  202.93-202.93     202.93
ALL STEERS & HEIFERS
                 32,962     64.0    601-985      843  190.06-221.69     209.86
MIXED STEER/HEIFER/COW
Over 80% Choice     183     63.3    772-1,037    910  198.94-209.88     204.20
65 - 80% Choice     355     63.9    768-817      778  205.19-208.92     208.10
35 - 65% Choice     220     61.6    727-851      805  188.76-204.85     201.74
 0 - 35% Choice     790     58.1    750-1,017    917  156.14-178.50     166.67
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,408     61.6    678-924      843  194.39-211.80     204.38
65 - 80% Choice     933     61.4    782-938      871  190.00-206.77     199.10
35 - 65% Choice   1,182     61.3    754-895      817  189.96-203.72     200.49
 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     123     63.0  1,275-1,275   1,275 135.28-135.28     135.28
65 - 80% Choice      72     62.6  1,397-1,397   1,397 131.58-131.58     131.58
35 - 65% Choice     847     63.1  1,173-1,435   1,331 125.00-133.85     132.27
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     249     63.7  1,200-1,310   1,281 126.50-135.28     128.79
65 - 80% Choice     504     63.0  1,166-1,243   1,218 126.50-134.75     129.32
35 - 65% Choice     358     63.3  1,136-1,289   1,213 126.50-134.75     131.64
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     200     63.0  1,400-1,400   1,400 127.00-127.00     127.00
65 - 80% Choice     452     62.7  1,276-1,516   1,377 126.50-134.00     130.96
35 - 65% Choice     915     62.7  1,120-1,411   1,278 127.00-134.00     131.38
 0 - 35% Choice     329     63.4  1,339-1,339   1,339 134.00-134.00     134.00
ALL STEERS & HEIFERS
                  4,049     63.0  1,120-1,516   1,300 125.00-135.28     131.25
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      42     59.0  1,410-1,410   1,410 123.00-123.00     123.00
35 - 65% Choice      78     60.3  1,284-1,284   1,284 124.00-124.00     124.00
 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      95     64.9    834-879      859  207.15-210.38     208.58
65 - 80% Choice     111     62.9    788-792      791  208.35-209.74     209.50
35 - 65% Choice     203     62.7    819-889      855  204.00-208.66     207.19
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      65     65.1    753-753      753  208.63-208.63     208.63
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     513     62.7    716-901      815  199.35-208.85     204.81
65 - 80% Choice     101     61.5    752-863      815  194.92-208.08     202.48
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,088     62.9    716-901      820  194.92-210.38     206.07
MIXED STEER/HEIFER/COW
Over 80% Choice      80     62.1    794-794      794  199.36-199.36     199.36
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     425     60.4    778-889      834  186.89-201.13     193.76
65 - 80% Choice      62     60.3    720-775      752  187.43-191.76     190.01
35 - 65% Choice      34     60.9    851-854      853  187.30-188.70     187.84
 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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