Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 6/1/2016

Past Market Reports

Report Date: 6/1/2016

LM_CT108
St. Joseph, MO    Wed, Jun 01, 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:   25,696     82,772      13,632       98,029       9,351      104,528
Live:       1,599      9,925         512       12,746       4,525       19,263
Total:     27,295     92,697      14,144      110,775      13,876      123,791

NEGOTIATED GRID NET:
Dressed:    1,064      3,788       2,095        8,895       1,111        7,802
Live:           0        173           0        1,421           0            0
Total:      1,064      3,961       2,095       10,316       1,111        7,802


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,877     64.3    686-1,006    897  200.72-214.75     209.71
65 - 80% Choice   4,205     64.3    728-977      884  197.68-214.20     206.89
35 - 65% Choice   2,014     64.0    780-946      888  197.68-209.37     205.05
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   3,823     64.2    729-1,027    789  201.74-215.43     211.87
65 - 80% Choice   3,033     64.2    702-834      764  198.28-214.44     209.79
35 - 65% Choice     698     63.9    704-798      732  204.24-212.40     209.38
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,582     63.3    667-951      833  198.00-220.01     212.69
65 - 80% Choice     353     62.5    734-924      823  201.35-213.93     209.51
35 - 65% Choice     325     63.2    741-851      811  201.94-210.20     207.12
 0 - 35% Choice     287     60.9    693-788      720  204.89-205.27     205.15
ALL STEERS & HEIFERS
                 21,197     64.0    667-1,027    840  197.68-220.01     209.22
MIXED STEER/HEIFER/COW
Over 80% Choice     198     64.2    825-825      825  209.18-209.18     209.18
65 - 80% Choice                        -                    -
35 - 65% Choice     555     60.1    703-1,009    858  176.99-208.75     185.58
 0 - 35% Choice     240     59.2    735-1,076    934  159.31-181.88     168.67
DAIRYBRED STEER/HEIFER
Over 80% Choice   2,192     61.5    685-935      847  188.00-211.98     204.26
65 - 80% Choice   1,032     60.7    735-915      855  185.68-205.77     200.82
35 - 65% Choice     282     61.0    818-825      823  200.18-202.30     201.78
 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     384     63.9  1,314-1,445   1,360 131.49-131.99     131.56
65 - 80% Choice     112     61.6  1,340-1,428   1,397 132.00-132.00     132.00
35 - 65% Choice     574     63.5  1,314-1,365   1,334 127.00-132.00     130.21
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      46     61.3  1,401-1,401   1,401 130.99-130.99     130.99
65 - 80% Choice                        -                    -
35 - 65% Choice     131     61.8  1,060-1,277   1,204 127.00-132.00     128.68
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      54     64.4  1,321-1,321   1,321 131.49-131.49     131.49
65 - 80% Choice     141     61.8  1,369-1,481   1,435 126.50-131.58     128.59
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,442     63.1  1,060-1,481   1,345 126.50-132.00     130.49
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      12     62.7  1,317-1,317   1,317 118.00-118.00     118.00
65 - 80% Choice     145     60.1  1,404-1,533   1,472 113.00-119.50     118.20
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     121     64.3    800-900      867  203.74-213.65     208.17
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     117     65.6    728-856      750  204.22-211.80     210.50
65 - 80% Choice      35     65.0    691-691      691  209.41-209.41     209.41
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     304     63.0    782-909      846  199.86-206.18     204.15
65 - 80% Choice     201     61.4    704-834      797  182.26-213.46     208.57
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    778     63.3    691-909      815  182.26-213.65     207.11
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      65     63.2    761-829      801  191.80-196.44     193.73
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     193     60.9    794-951      849  191.16-195.08     192.71
65 - 80% Choice      28     60.0    898-898      898  188.98-188.98     188.98
35 - 65% Choice                        -                    -
 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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