Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 6/2/2016

Past Market Reports

Report Date: 6/2/2016

LM_CT108
St. Joseph, MO    Thu, Jun 02, 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:   16,917    109,972      12,938      140,318      13,179      138,468
Live:       2,125     14,271       3,482       17,827       3,842       25,102
Total:     19,042    124,243      16,420      158,145      17,021      163,570

NEGOTIATED GRID NET:
Dressed:      765      5,547       1,716       11,591       1,363       10,839
Live:          43        216         157        1,769          97          372
Total:        808      5,763       1,873       13,360       1,460       11,211


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,390     63.6    778-1,031    889  185.31-234.98     208.74
65 - 80% Choice   3,926     64.3    685-977      883  195.90-213.85     206.72
35 - 65% Choice   1,741     63.9    730-940      866  191.40-211.17     203.23
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,402     63.8    685-933      804  199.14-222.35     207.95
65 - 80% Choice     529     63.4    735-820      780  197.68-212.45     204.58
35 - 65% Choice   1,004     63.7    766-873      781  195.00-198.74     198.31
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,744     63.8    687-891      839  198.34-228.33     218.72
65 - 80% Choice     746     63.5    670-898      837  189.41-213.21     204.05
35 - 65% Choice     579     62.8    647-805      741  190.00-211.84     202.43
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 14,061     63.8    647-1,031    849  185.31-234.98     207.24
MIXED STEER/HEIFER/COW
Over 80% Choice     564     62.2    721-832      801  196.64-204.11     200.55
65 - 80% Choice     470     63.0    740-970      777  197.15-201.50     199.85
35 - 65% Choice     114     59.0    813-940      868  178.44-190.59     183.79
 0 - 35% Choice     419     59.3    826-1,003    945  153.24-175.23     161.68
DAIRYBRED STEER/HEIFER
Over 80% Choice     577     61.3    744-916      817  187.92-208.45     198.71
65 - 80% Choice     253     61.6    856-945      900  194.63-203.64     199.18
35 - 65% Choice     459     61.8    748-858      806  189.38-205.17     197.51
 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     407     63.4  1,334-1,509   1,381 127.50-140.82     137.25
65 - 80% Choice                        -                    -
35 - 65% Choice     928     62.8  1,160-1,431   1,310 123.39-127.00     125.49
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     194     63.5  1,264-1,297   1,281 127.50-127.50     127.50
65 - 80% Choice      65     63.7  1,354-1,354   1,354 125.50-125.50     125.50
35 - 65% Choice     154     63.2  1,151-1,208   1,183 125.00-125.50     125.28
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      70     63.9  1,264-1,264   1,264 124.50-124.50     124.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,818     63.1  1,151-1,509   1,312 123.39-140.82     128.28
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     209     60.0  1,236-1,236   1,236 121.36-121.36     121.36
65 - 80% Choice      98     60.0  1,393-1,481   1,426 113.00-121.00     117.98
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                        -                    -
65 - 80% Choice      30     63.2    855-855      855  207.31-207.31     207.31
35 - 65% Choice      32     63.4    900-900      900  204.80-204.80     204.80
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      24     62.7    881-881      881  209.62-209.62     209.62
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     126     61.6    760-808      781  199.78-214.16     206.13
65 - 80% Choice      78     63.1    684-858      771  201.49-209.35     205.42
35 - 65% Choice      92     62.7    792-842      818  189.33-202.83     196.37
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    382     62.5    684-900      810  189.33-214.16     203.83
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     312     60.3    725-913      860  180.32-195.11     188.29
65 - 80% Choice                        -                    -
35 - 65% Choice      71     60.4    760-785      772  176.02-185.48     180.68
 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
Over 80% Choice                        -                    -
65 - 80% Choice      43     63.1  1,169-1,169   1,169 130.56-130.56     130.56
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     43     63.1  1,169-1,169   1,169 130.56-130.56     130.56
MIXED STEER/HEIFER/COW
 No Reportable Trade.
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

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