LM_CT187 St Joseph, MO Thu Jun 06, 2019 USDA Market News Service TEXAS-OKLAHOMA-NEW MEXICO MONTHLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Month of May 2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Month Ago: Year Ago: Formula Net: 349,380 85,125 434,505 436,751 396,252 Negotiated Grid Net: 4,578 0 4,578 8,796 11,508 Forward Contract Net 19,478 16,985 36,463 43,185 24,863 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 50,327 623-1,008 888 64.5 161.96-238.96 194.23 65 - 80% Choice 69,806 646-997 875 64.7 159.80-205.00 191.76 35 - 65% Choice 71,241 597-989 844 64.5 167.19-203.95 190.10 0 - 35% Choice 2,916 654-921 813 63.5 176.16-197.04 187.71 Total all grades 194,290 597-1,008 866 64.6 159.80-238.96 191.73 HEIFER Over 80% Choice 61,701 639-904 796 64.3 178.94-241.81 195.31 65 - 80% Choice 41,336 627-923 766 64.0 179.93-204.06 192.48 35 - 65% Choice 19,525 640-862 745 63.8 178.25-201.87 190.59 0 - 35% Choice 570 695-766 722 63.5 176.46-196.72 186.78 Total all grades 123,132 627-923 778 64.1 176.46-241.81 193.57 MIXED STEER/HEIFER Over 80% Choice 11,062 644-976 811 63.7 165.71-239.78 201.77 65 - 80% Choice 5,936 606-997 799 63.6 167.05-203.84 189.96 35 - 65% Choice 5,295 625-945 780 63.1 165.24-240.40 188.82 0 - 35% Choice 341 648-837 733 62.6 167.02-193.18 181.83 Total all grades 22,634 606-997 800 63.5 165.24-240.40 195.34 ALL STEERS & HEIFERS 340,056 597-1,008 830 64.3 159.80-241.81 192.64 MIXED STEER/HEIFER/COW Over 80% Choice 1,524 620-961 790 63.9 155.80-195.77 185.61 65 - 80% Choice 1,388 699-917 774 64.3 156.61-198.37 188.19 35 - 65% Choice 1,163 548-905 742 62.9 154.77-193.99 179.47 0 - 35% Choice 149 696-696 696 63.3 179.05-179.05 179.05 Total all grades 4,224 548-961 768 63.7 154.77-198.37 184.54 DAIRYBRED STEER/HEIFER Over 80% Choice 1,087 591-885 824 60.6 147.13-189.12 175.34 65 - 80% Choice 2,689 758-902 808 60.3 158.65-187.68 173.20 35 - 65% Choice 1,218 758-865 817 61.7 169.03-187.68 180.59 0 - 35% Choice 106 851-851 851 61.5 187.68-187.68 187.68 Total all grades 5,100 591-902 814 60.7 147.13-189.12 175.72 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 3,087 1,161-1,500 1,359 63.8 115.01-140.94 122.44 65 - 80% Choice 14,052 1,087-1,499 1,338 63.7 115.00-128.25 122.39 35 - 65% Choice 18,347 1,119-1,539 1,292 63.2 115.00-127.22 121.11 0 - 35% Choice - - Total all grades 35,486 1,087-1,539 1,316 63.5 115.00-140.94 121.73 HEIFER Over 80% Choice 3,053 1,082-1,486 1,235 64.1 115.00-129.15 123.78 65 - 80% Choice 10,091 989-1,489 1,177 62.8 114.00-128.25 121.31 35 - 65% Choice 4,425 1,077-1,348 1,154 62.8 113.72-127.22 121.62 0 - 35% Choice - - Total all grades 17,569 989-1,489 1,182 63.0 113.72-129.15 121.82 MIXED STEER/HEIFER Over 80% Choice 7,739 1,035-1,524 1,252 62.8 114.95-152.29 132.91 65 - 80% Choice 10,877 1,101-1,504 1,266 63.1 114.40-138.55 121.53 35 - 65% Choice 7,304 1,028-1,527 1,243 62.9 114.00-127.00 120.92 0 - 35% Choice - - Total all grades 25,920 1,028-1,527 1,255 62.9 114.00-152.29 124.76 ALL STEERS & HEIFERS 78,975 989-1,539 1,266 63.2 113.72-152.29 122.74 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 602 1,315-1,457 1,415 60.1 93.76-105.73 98.33 65 - 80% Choice 4,831 1,290-1,483 1,385 60.2 89.82-112.00 102.34 35 - 65% Choice 717 1,223-1,422 1,371 60.0 93.52-106.00 99.40 0 - 35% Choice - - Total all grades 6,150 1,223-1,483 1,387 60.2 89.82-112.00 101.60 NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,243 706-951 860 64.6 172.79-205.62 197.13 65 - 80% Choice 1,574 742-985 873 64.5 172.79-202.36 191.96 35 - 65% Choice 606 825-905 874 64.9 187.85-199.93 193.77 0 - 35% Choice - - Total all grades 3,423 706-985 868 64.6 172.79-205.62 194.16 HEIFER Over 80% Choice 226 838-892 848 61.2 188.03-194.43 189.19 65 - 80% Choice 147 730-730 730 64.1 200.55-200.55 200.55 35 - 65% Choice 157 740-740 740 65.9 182.22-199.85 188.85 0 - 35% Choice - - Total all grades 530 730-892 783 63.4 182.22-200.55 192.24 MIXED STEER/HEIFER Over 80% Choice 175 841-903 867 63.4 190.32-200.11 194.52 65 - 80% Choice 191 823-835 829 65.8 199.60-201.90 200.67 35 - 65% Choice 47 882-882 882 63.3 190.75-190.75 190.75 0 - 35% Choice - - Total all grades 413 823-903 851 64.5 190.32-201.90 196.93 ALL STEERS & HEIFERS 4,366 706-985 856 64.5 172.79-205.62 194.19 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 153 799-1,049 889 58.7 140.23-156.40 146.33 65 - 80% Choice 59 878-940 909 58.7 140.69-148.39 144.47 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 212 799-1,049 894 58.7 140.23-156.40 145.82 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER No Reportable Trade. HEIFER No Reportable Trade. MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS - - MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,090 787-1,056 913 65.0 186.95-201.56 197.65 65 - 80% Choice 3,068 786-1,016 888 64.6 186.00-201.56 195.01 35 - 65% Choice 5,659 665-930 808 64.5 182.59-206.10 191.95 0 - 35% Choice 586 660-779 731 63.6 190.55-195.92 193.67 Total all grades 10,403 660-1,056 838 64.5 182.59-206.10 193.55 HEIFER Over 80% Choice 2,349 680-848 794 64.4 185.80-206.66 193.24 65 - 80% Choice 2,623 686-868 779 64.2 188.20-201.36 193.22 35 - 65% Choice 2,511 664-933 748 63.7 183.74-201.36 191.35 0 - 35% Choice 20 696-696 696 61.4 191.50-191.50 191.50 Total all grades 7,503 664-933 773 64.1 183.74-206.66 192.60 MIXED STEER/HEIFER Over 80% Choice 586 713-994 843 63.6 200.69-206.66 203.89 65 - 80% Choice 334 781-992 874 64.5 188.68-205.69 200.07 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 920 713-994 854 63.9 188.68-206.66 202.51 ALL STEERS & HEIFERS 18,826 660-1,056 813 64.3 182.59-206.66 193.61 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 517 853-880 869 61.2 172.45-186.52 182.19 65 - 80% Choice 135 862-862 862 61.8 182.74-182.74 182.74 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 652 853-880 867 61.4 172.45-186.52 182.30 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 185 1,497-1,497 1,497 65.3 122.90-122.90 122.90 65 - 80% Choice 664 1,248-1,444 1,340 63.3 122.12-126.50 123.23 35 - 65% Choice 6,411 1,078-1,398 1,247 62.9 117.63-128.67 124.48 0 - 35% Choice - - Total all grades 7,260 1,078-1,497 1,262 63.0 117.63-128.67 124.33 HEIFER Over 80% Choice 747 1,046-1,491 1,322 63.1 119.58-128.57 122.31 65 - 80% Choice 846 1,076-1,299 1,198 63.4 119.88-128.57 124.56 35 - 65% Choice 921 1,053-1,359 1,135 62.6 119.48-128.45 123.97 0 - 35% Choice - - Total all grades 2,514 1,046-1,491 1,212 63.0 119.48-128.57 123.67 MIXED STEER/HEIFER Over 80% Choice 177 1,456-1,456 1,456 63.5 120.93-120.93 120.93 65 - 80% Choice 593 1,032-1,221 1,182 63.9 123.00-129.05 124.98 35 - 65% Choice 4,740 1,026-1,172 1,103 63.3 122.21-122.21 122.21 0 - 35% Choice - - Total all grades 5,510 1,026-1,456 1,123 63.3 120.93-129.05 122.47 ALL STEERS & HEIFERS 15,284 1,026-1,497 1,203 63.1 117.63-129.05 123.55 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 143 1,314-1,347 1,326 60.1 102.00-108.60 106.15 35 - 65% Choice 1,558 1,253-1,455 1,338 60.7 100.25-105.55 104.42 0 - 35% Choice - - Total all grades 1,701 1,253-1,455 1,337 60.6 100.25-108.60 104.57 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 1130C .