Direct Slaughter Cattle - Formulated Purchases - Afternoon

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5. 7/27/2016

Past Market Reports

Report Date: 7/27/2016

LM_CT108
St. Joseph, MO    Wed, Jul 27, 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:   17,724    117,926      12,303      113,115      12,099      103,003
Live:       1,417     11,504       2,577       14,312       2,369       20,052
Total:     19,141    129,430      14,880      127,427      14,468      123,055

NEGOTIATED GRID NET:
Dressed:    3,066     11,497       2,360        9,203       1,407        6,833
Live:         217        302          83          529          62          608
Total:      3,283     11,799       2,443        9,732       1,469        7,441


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,317     63.5    724-971      902  181.80-197.79     187.67
65 - 80% Choice   2,117     63.8    777-975      904  178.12-188.16     184.49
35 - 65% Choice     877     64.0    865-939      901  176.71-184.48     181.85
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     478     63.2    770-867      824  184.16-190.66     188.01
65 - 80% Choice   2,211     63.4    704-882      812  178.70-194.03     185.72
35 - 65% Choice     683     64.3    700-884      782  181.88-186.50     183.68
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,719     64.0    692-906      846  187.00-209.57     202.78
65 - 80% Choice                        -                    -
35 - 65% Choice     270     63.4    700-802      739  175.64-185.41     180.83
 0 - 35% Choice     756     63.4    787-850      816  175.05-183.98     181.52
ALL STEERS & HEIFERS
                 12,428     63.7    692-975      860  175.05-209.57     187.73
MIXED STEER/HEIFER/COW
Over 80% Choice     246     64.0    783-839      797  188.04-189.52     188.42
65 - 80% Choice   1,071     63.4    784-901      807  172.58-190.66     184.27
35 - 65% Choice     636     63.1    637-980      808  162.62-189.47     177.84
 0 - 35% Choice     157     60.5    995-995      995  188.01-188.01     188.01
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,631     61.2    684-900      827  167.37-186.51     177.78
65 - 80% Choice   1,367     61.7    655-893      844  165.06-185.33     179.78
35 - 65% Choice     188     60.8    798-824      812  178.67-184.98     181.62
 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     586     63.1  1,349-1,414   1,403 114.52-116.87     114.68
35 - 65% Choice     262     63.1  1,193-1,349   1,278 113.32-120.00     116.94
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      66     63.6  1,286-1,319   1,300 116.89-116.91     116.90
65 - 80% Choice                        -                    -
35 - 65% Choice     199     63.1  1,183-1,222   1,210 114.42-115.05     114.60
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      41     62.2  1,323-1,323   1,323 114.90-114.90     114.90
35 - 65% Choice     194     61.9  1,192-1,242   1,223 113.55-115.00     114.45
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,348     62.9  1,183-1,414   1,317 113.32-120.00     115.19
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      69     61.1  1,382-1,382   1,382 108.00-108.00     108.00
 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     120     62.5    876-876      876  190.12-190.12     190.12
65 - 80% Choice     106     63.5    816-941      928  185.36-189.16     185.75
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     109     62.6    807-807      807  187.86-187.86     187.86
35 - 65% Choice     472     62.6    736-751      743  187.00-187.00     187.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     747     64.0    690-871      825  181.72-195.80     187.50
65 - 80% Choice                        -                    -
35 - 65% Choice     600     64.3    739-879      821  181.15-188.76     186.41
 0 - 35% Choice     199     64.4    829-907      872  187.00-187.00     187.00
ALL STEERS & HEIFERS
                  2,353     63.6    690-941      818  181.15-195.80     187.15
MIXED STEER/HEIFER/COW
Over 80% Choice      20     61.4    728-728      728  193.79-193.79     193.79
65 - 80% Choice      14     63.4    864-864      864  178.15-178.15     178.15
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     378     60.8    731-937      859  168.00-180.00     176.61
65 - 80% Choice     162     59.5    747-892      799  169.93-175.45     171.84
35 - 65% Choice     139     61.3    655-866      802  165.26-181.33     169.58
 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      60     63.7  1,149-1,149   1,149 117.00-117.00     117.00
35 - 65% Choice                        -                    -
 0 - 35% Choice      20     63.9  1,126-1,126   1,126 117.00-117.00     117.00
ALL STEERS & HEIFERS
                     80     63.8  1,126-1,149   1,143 117.00-117.00     117.00
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     103     60.8  1,320-1,463   1,413 108.67-110.58     109.34
 0 - 35% Choice      34     61.2  1,446-1,446   1,446 107.47-107.47     107.47


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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