LM_CT139 St Joseph, MO Mon Feb 24, 2020 USDA Market News Service TEXAS-OKLAHOMA-NEW MEXICO WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Week ending Sunday, 02/23/2020 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 63,784 14,288 78,072 67,790 78,168 Negotiated Grid Net: 664 0 664 1,043 2,552 Forward Contract Net: 1,066 1,970 3,036 3,836 4,441 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 4,486 789-1,016 922 64.4 182.18-227.80 191.86 65 - 80% Choice 16,103 743-974 890 64.4 180.00-195.72 189.94 35 - 65% Choice 12,443 751-963 868 64.3 181.21-197.28 189.24 0 - 35% Choice 297 815-879 828 63.7 183.14-191.03 187.41 Total all grades 33,329 743-1,016 885 64.4 180.00-227.80 189.91 HEIFER Over 80% Choice 10,846 653-934 815 64.3 164.89-227.22 192.36 65 - 80% Choice 10,338 645-889 777 64.0 183.19-195.40 190.55 35 - 65% Choice 3,254 694-820 754 63.9 184.47-194.91 190.59 0 - 35% Choice 178 677-677 677 63.0 189.16-189.16 189.16 Total all grades 24,616 645-934 790 64.1 164.89-227.22 191.34 MIXED STEER/HEIFER Over 80% Choice 1,051 752-882 810 63.7 186.86-197.28 191.90 65 - 80% Choice 1,759 643-919 807 63.5 180.42-194.12 190.30 35 - 65% Choice 1,503 642-860 813 64.3 185.81-194.67 191.29 0 - 35% Choice - - Total all grades 4,313 642-919 810 63.8 180.42-197.28 191.04 ALL STEERS & HEIFERS 62,258 642-1,016 842 64.2 164.89-227.80 190.56 MIXED STEER/HEIFER/COW Over 80% Choice 71 796-796 796 63.9 188.34-188.34 188.34 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 71 796-796 796 63.9 188.34-188.34 188.34 DAIRYBRED STEER/HEIFER Over 80% Choice 836 724-892 865 61.2 171.41-182.24 176.70 65 - 80% Choice 352 762-881 861 61.7 170.20-175.41 173.13 35 - 65% Choice 267 844-844 844 58.6 168.89-168.89 168.89 0 - 35% Choice - - Total all grades 1,455 724-892 860 60.8 168.89-182.24 174.40 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 516 1,230-1,529 1,408 64.4 121.97-122.75 122.14 65 - 80% Choice 2,658 1,183-1,541 1,396 63.2 118.95-121.00 120.39 35 - 65% Choice 3,124 1,085-1,554 1,256 62.8 118.00-120.00 118.99 0 - 35% Choice - - Total all grades 6,298 1,085-1,554 1,327 63.1 118.00-122.75 119.84 HEIFER Over 80% Choice 1,171 1,146-1,441 1,285 63.5 118.95-138.48 122.43 65 - 80% Choice 1,625 1,046-1,401 1,261 62.9 119.00-121.00 120.32 35 - 65% Choice 1,270 1,053-1,253 1,162 62.4 119.00-121.00 119.19 0 - 35% Choice - - Total all grades 4,066 1,046-1,441 1,237 62.9 118.95-138.48 120.58 MIXED STEER/HEIFER Over 80% Choice 503 1,257-1,402 1,368 61.6 122.15-145.51 139.96 65 - 80% Choice 1,553 1,142-1,455 1,292 62.8 119.00-120.75 119.78 35 - 65% Choice 1,449 1,106-1,348 1,238 63.0 115.95-121.00 118.93 0 - 35% Choice - - Total all grades 3,505 1,106-1,455 1,281 62.7 115.95-145.51 122.32 ALL STEERS & HEIFERS 13,869 1,046-1,554 1,289 62.9 115.95-145.51 120.68 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 70 1,402-1,402 1,402 59.5 120.00-120.00 120.00 35 - 65% Choice 349 1,361-1,377 1,369 60.5 100.43-101.97 101.20 0 - 35% Choice - - Total all grades 419 1,361-1,402 1,375 60.4 100.43-120.00 104.34 NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 252 760-948 854 64.9 189.48-194.81 192.37 65 - 80% Choice - - 35 - 65% Choice 62 809-809 809 64.8 194.00-194.00 194.00 0 - 35% Choice - - Total all grades 314 760-948 845 64.9 189.48-194.81 192.69 HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 98 739-739 739 64.0 190.02-190.02 190.02 0 - 35% Choice - - Total all grades 98 739-739 739 64.0 190.02-190.02 190.02 MIXED STEER/HEIFER Over 80% Choice 96 779-779 779 64.0 193.87-193.87 193.87 65 - 80% Choice 58 863-863 863 60.9 187.68-187.68 187.68 35 - 65% Choice 98 866-866 866 66.5 190.35-190.35 190.35 0 - 35% Choice - - Total all grades 252 779-866 832 64.3 187.68-193.87 191.08 ALL STEERS & HEIFERS 664 739-948 824 64.5 187.68-194.81 191.68 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. 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 - - 65 - 80% Choice 85 796-796 796 65.2 193.25-193.25 193.25 35 - 65% Choice 388 835-873 855 64.9 164.72-195.86 189.65 0 - 35% Choice - - Total all grades 473 796-873 844 64.9 164.72-195.86 190.29 HEIFER Over 80% Choice - - 65 - 80% Choice 279 671-811 700 64.7 179.52-197.23 183.20 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 279 671-811 700 64.7 179.52-197.23 183.20 MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS 752 671-873 791 64.8 164.72-197.23 187.66 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 314 877-878 877 61.4 181.40-181.94 181.76 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 314 877-878 877 61.4 181.40-181.94 181.76 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice - - 65 - 80% Choice 274 1,261-1,374 1,287 65.2 118.85-123.60 122.54 35 - 65% Choice 502 1,172-1,377 1,210 61.1 124.00-124.13 124.02 0 - 35% Choice - - Total all grades 776 1,172-1,377 1,237 62.6 118.85-124.13 123.50 HEIFER Over 80% Choice 280 1,245-1,331 1,290 63.9 115.13-124.65 122.16 65 - 80% Choice 179 1,269-1,269 1,269 63.7 124.32-124.32 124.32 35 - 65% Choice 205 1,118-1,118 1,118 61.9 125.53-125.53 125.53 0 - 35% Choice - - Total all grades 664 1,118-1,331 1,231 63.2 115.13-125.53 123.78 MIXED STEER/HEIFER Over 80% Choice 49 1,303-1,303 1,303 64.8 123.85-123.85 123.85 65 - 80% Choice - - 35 - 65% Choice 79 1,203-1,203 1,203 62.9 124.25-124.25 124.25 0 - 35% Choice - - Total all grades 128 1,203-1,303 1,241 63.6 123.85-124.25 124.10 ALL STEERS & HEIFERS 1,568 1,118-1,377 1,235 62.9 115.13-125.53 123.67 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 402 1,333-1,442 1,367 61.0 107.95-112.30 109.44 0 - 35% Choice - - Total all grades 402 1,333-1,442 1,367 61.0 107.95-112.30 109.44 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 .