LM_CT145 St Joseph, MO Mon Mar 23, 2020 USDA Market News Service 5 AREA WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Week ending Sunday, 03/22/2020 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 220,582 22,633 243,215 271,783 251,418 Negotiated Grid Net: 6,168 464 6,632 10,839 12,125 Forward Contract Net: 14,513 4,535 19,048 25,206 35,802 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 52,332 715-1,117 942 64.0 156.57-216.19 179.95 65 - 80% Choice 31,364 725-1,006 896 64.6 163.71-218.48 175.49 35 - 65% Choice 19,220 700-992 858 63.9 165.61-183.76 174.69 0 - 35% Choice 552 721-870 836 62.9 170.04-176.58 172.38 Total all grades 103,468 700-1,117 911 64.1 156.57-218.48 177.58 HEIFER Over 80% Choice 62,665 666-999 831 63.9 166.35-216.00 180.63 65 - 80% Choice 14,994 629-955 786 64.2 166.35-183.20 176.98 35 - 65% Choice 4,219 662-841 754 64.0 169.70-182.64 175.65 0 - 35% Choice 382 760-771 764 63.3 169.94-172.27 170.74 Total all grades 82,260 629-999 818 63.9 166.35-216.00 179.67 MIXED STEER/HEIFER Over 80% Choice 19,473 710-1,106 883 63.8 167.83-233.21 182.57 65 - 80% Choice 5,355 698-973 843 63.6 158.16-189.39 176.57 35 - 65% Choice 2,532 621-966 823 63.5 165.45-186.57 174.41 0 - 35% Choice - - Total all grades 27,360 621-1,106 870 63.7 158.16-233.21 180.64 ALL STEERS & HEIFERS 213,088 621-1,117 870 64.0 156.57-233.21 178.78 MIXED STEER/HEIFER/COW Over 80% Choice 1,202 785-873 831 64.6 171.89-176.59 173.30 65 - 80% Choice - - 35 - 65% Choice 5 971-971 971 60.7 142.92-142.92 142.92 0 - 35% Choice 1,711 733-1,166 935 58.0 138.41-156.15 151.26 Total all grades 2,918 733-1,166 892 60.8 138.41-176.59 160.33 DAIRYBRED STEER/HEIFER Over 80% Choice 1,405 722-942 840 60.3 153.24-166.67 162.56 65 - 80% Choice 2,257 714-903 821 60.6 146.39-168.38 158.80 35 - 65% Choice 914 727-869 823 60.8 149.41-163.69 159.00 0 - 35% Choice - - Total all grades 4,576 714-942 827 60.5 146.39-168.38 159.99 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 6,272 1,327-1,580 1,494 63.0 109.69-113.83 111.58 65 - 80% Choice 2,799 1,220-1,615 1,431 63.1 108.98-112.00 110.98 35 - 65% Choice 1,896 1,139-1,514 1,313 62.8 110.00-114.00 110.55 0 - 35% Choice 69 1,271-1,271 1,271 63.0 110.00-110.00 110.00 Total all grades 11,036 1,139-1,615 1,446 63.0 108.98-114.00 111.24 HEIFER Over 80% Choice 3,102 1,228-1,470 1,376 63.1 109.00-125.41 110.87 65 - 80% Choice 1,595 1,192-1,366 1,294 62.8 108.50-111.85 111.41 35 - 65% Choice 1,436 1,144-1,283 1,205 61.9 110.00-111.75 110.14 0 - 35% Choice - - Total all grades 6,133 1,144-1,470 1,314 62.7 108.50-125.41 110.84 MIXED STEER/HEIFER Over 80% Choice 3,170 1,172-1,520 1,379 62.9 108.98-137.94 120.10 65 - 80% Choice 1,441 1,196-1,542 1,332 63.0 107.98-110.00 109.84 35 - 65% Choice 433 1,140-1,382 1,287 61.8 110.00-114.00 110.49 0 - 35% Choice - - Total all grades 5,044 1,140-1,542 1,357 62.8 107.98-137.94 116.34 ALL STEERS & HEIFERS 22,213 1,139-1,615 1,389 62.9 107.98-137.94 112.29 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 107 1,353-1,399 1,384 59.3 90.16-93.50 92.41 65 - 80% Choice 103 1,424-1,424 1,424 58.4 91.00-91.00 91.00 35 - 65% Choice 141 1,356-1,356 1,356 60.2 93.62-93.62 93.62 0 - 35% Choice 69 1,272-1,272 1,272 60.2 92.00-92.00 92.00 Total all grades 420 1,272-1,424 1,366 59.5 90.16-93.62 92.40 NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 931 789-990 915 62.7 172.46-191.67 184.41 65 - 80% Choice 426 829-982 870 64.5 172.03-184.02 176.05 35 - 65% Choice 306 769-1,009 939 63.1 172.29-186.65 182.43 0 - 35% Choice - - Total all grades 1,663 769-1,009 908 63.3 172.03-191.67 181.90 HEIFER Over 80% Choice 1,776 756-947 856 62.8 170.00-192.06 183.78 65 - 80% Choice 219 769-769 769 62.8 185.01-185.01 185.01 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,995 756-947 847 62.8 170.00-192.06 183.91 MIXED STEER/HEIFER Over 80% Choice 1,228 772-959 855 62.4 159.65-201.06 180.93 65 - 80% Choice 253 839-885 872 61.9 167.08-179.73 177.45 35 - 65% Choice 179 834-912 854 62.7 180.00-182.96 180.69 0 - 35% Choice - - Total all grades 1,660 772-959 858 62.4 159.65-201.06 180.37 ALL STEERS & HEIFERS 5,318 756-1,009 869 62.8 159.65-201.06 182.18 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice 252 962-1,026 996 60.1 141.22-145.66 143.28 Total all grades 252 962-1,026 996 60.1 141.22-145.66 143.28 DAIRYBRED STEER/HEIFER Over 80% Choice 548 787-955 863 59.1 148.12-159.16 152.55 65 - 80% Choice 50 750-750 750 56.8 144.71-144.71 144.71 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 598 750-955 853 58.9 144.71-159.16 151.90 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 201 1,409-1,420 1,414 62.9 115.89-116.88 116.48 65 - 80% Choice 95 1,456-1,456 1,456 62.9 110.64-110.64 110.64 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 296 1,409-1,456 1,427 62.9 110.64-116.88 114.61 HEIFER Over 80% Choice - - 65 - 80% Choice 56 1,367-1,367 1,367 63.5 110.20-110.20 110.20 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 56 1,367-1,367 1,367 63.5 110.20-110.20 110.20 MIXED STEER/HEIFER Over 80% Choice 38 1,300-1,300 1,300 65.5 114.13-114.13 114.13 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 38 1,300-1,300 1,300 65.5 114.13-114.13 114.13 ALL STEERS & HEIFERS 390 1,300-1,456 1,406 63.2 110.20-116.88 113.93 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 74 1,379-1,379 1,379 61.3 98.71-98.71 98.71 0 - 35% Choice - - Total all grades 74 1,379-1,379 1,379 61.3 98.71-98.71 98.71 FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 3,020 795-1,015 919 63.1 159.74-222.49 191.74 65 - 80% Choice 1,598 748-968 889 64.0 149.73-201.48 190.59 35 - 65% Choice 511 821-925 868 64.1 157.78-196.63 176.76 0 - 35% Choice - - Total all grades 5,129 748-1,015 905 63.5 149.73-222.49 189.89 HEIFER Over 80% Choice 3,132 699-944 868 63.6 144.65-208.07 189.06 65 - 80% Choice 384 752-817 793 64.7 195.63-199.61 197.49 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,516 699-944 860 63.7 144.65-208.07 189.98 MIXED STEER/HEIFER Over 80% Choice 331 800-919 848 62.8 162.26-203.37 195.51 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 331 800-919 848 62.8 162.26-203.37 195.51 ALL STEERS & HEIFERS 8,976 699-1,015 885 63.5 144.65-222.49 190.13 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 4,508 745-947 857 59.5 129.93-184.15 167.73 65 - 80% Choice 725 762-896 825 59.2 151.98-185.00 174.74 35 - 65% Choice 304 772-877 805 58.5 164.55-177.44 171.18 0 - 35% Choice - - Total all grades 5,537 745-947 850 59.4 129.93-185.00 168.83 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,412 1,259-1,619 1,507 63.5 115.80-145.07 123.43 65 - 80% Choice 52 1,330-1,330 1,330 63.4 148.81-148.81 148.81 35 - 65% Choice 273 1,216-1,415 1,245 64.7 120.50-122.68 120.82 0 - 35% Choice - - Total all grades 2,737 1,216-1,619 1,478 63.6 115.80-148.81 123.65 HEIFER Over 80% Choice 442 1,175-1,527 1,390 63.6 107.58-124.87 116.12 65 - 80% Choice 201 1,148-1,186 1,169 63.9 122.57-125.85 124.38 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 643 1,148-1,527 1,321 63.7 107.58-125.85 118.70 MIXED STEER/HEIFER Over 80% Choice 618 1,154-1,425 1,263 62.9 104.42-140.45 122.64 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 618 1,154-1,425 1,263 62.9 104.42-140.45 122.64 ALL STEERS & HEIFERS 3,998 1,148-1,619 1,420 63.5 104.42-148.81 122.70 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 390 1,320-1,352 1,331 60.1 93.57-93.57 93.57 0 - 35% Choice 147 1,251-1,251 1,251 60.7 111.35-111.35 111.35 Total all grades 537 1,251-1,352 1,309 60.2 93.57-111.35 98.44 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 .