LM_CT139 St Joseph, MO Mon Feb 25, 2019 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, 02/24/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 61,553 16,615 78,168 76,980 75,608 Negotiated Grid Net: 2,552 0 2,552 2,040 2,932 Forward Contract Net: 2,261 2,180 4,441 3,475 3,785 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 4,360 663-1,015 872 64.3 183.19-203.07 196.49 65 - 80% Choice 11,822 707-1,031 878 64.8 189.66-201.43 197.37 35 - 65% Choice 13,788 708-1,011 837 64.8 186.36-201.74 197.50 0 - 35% Choice 930 814-864 851 64.2 196.04-198.61 196.97 Total all grades 30,900 663-1,031 858 64.7 183.19-203.07 197.29 HEIFER Over 80% Choice 12,447 701-894 802 64.5 193.86-203.66 199.45 65 - 80% Choice 7,842 695-862 779 64.2 194.76-201.37 198.79 35 - 65% Choice 4,565 677-885 751 64.4 194.88-201.36 198.27 0 - 35% Choice 101 783-783 783 64.8 195.90-195.90 195.90 Total all grades 24,955 677-894 785 64.4 193.86-203.66 199.01 MIXED STEER/HEIFER Over 80% Choice 1,210 718-982 826 64.1 182.72-236.61 202.57 65 - 80% Choice 671 676-957 780 63.9 194.01-201.88 198.16 35 - 65% Choice 1,448 660-926 758 63.5 171.83-200.82 197.18 0 - 35% Choice - - Total all grades 3,329 660-982 787 63.8 171.83-236.61 199.34 ALL STEERS & HEIFERS 59,184 660-1,031 823 64.5 171.83-236.61 198.13 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 104 765-765 765 65.0 198.28-198.28 198.28 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 104 765-765 765 65.0 198.28-198.28 198.28 DAIRYBRED STEER/HEIFER Over 80% Choice 35 868-868 868 58.3 180.84-180.84 180.84 65 - 80% Choice 1,560 750-879 837 61.1 180.56-187.57 184.77 35 - 65% Choice 670 755-845 813 60.8 173.30-185.00 181.18 0 - 35% Choice - - Total all grades 2,265 750-879 830 60.9 173.30-187.57 183.65 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 471 1,391-1,472 1,428 64.2 125.00-125.99 125.91 65 - 80% Choice 4,232 1,175-1,494 1,328 63.7 125.00-127.00 126.01 35 - 65% Choice 3,400 1,120-1,422 1,238 64.6 125.00-126.75 125.87 0 - 35% Choice - - Total all grades 8,103 1,120-1,494 1,296 64.1 125.00-127.00 125.94 HEIFER Over 80% Choice 1,173 1,122-1,355 1,242 64.5 123.18-145.46 126.82 65 - 80% Choice 2,242 1,092-1,260 1,174 63.3 125.00-127.00 125.88 35 - 65% Choice 441 1,214-1,435 1,265 62.9 125.00-125.00 125.00 0 - 35% Choice - - Total all grades 3,856 1,092-1,435 1,205 63.6 123.18-145.46 126.07 MIXED STEER/HEIFER Over 80% Choice 1,911 1,264-1,619 1,344 62.8 124.99-149.99 136.87 65 - 80% Choice 885 1,218-1,458 1,326 63.3 124.65-126.25 125.78 35 - 65% Choice 1,152 1,136-1,489 1,272 62.7 124.77-126.25 125.14 0 - 35% Choice - - Total all grades 3,948 1,136-1,619 1,319 62.9 124.65-149.99 130.96 ALL STEERS & HEIFERS 15,907 1,092-1,619 1,280 63.7 123.18-149.99 127.22 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 455 1,382-1,476 1,409 60.4 108.35-109.00 108.52 35 - 65% Choice 253 1,353-1,402 1,385 60.0 103.95-107.00 105.94 0 - 35% Choice - - Total all grades 708 1,353-1,476 1,400 60.3 103.95-109.00 107.60 NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 959 793-966 885 65.4 192.61-200.47 196.72 65 - 80% Choice 946 804-889 865 65.6 194.37-201.50 196.59 35 - 65% Choice 114 772-772 772 63.4 196.86-196.86 196.86 0 - 35% Choice - - Total all grades 2,019 772-966 869 65.4 192.61-201.50 196.67 HEIFER Over 80% Choice 154 790-790 790 64.8 195.80-195.80 195.80 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 154 790-790 790 64.8 195.80-195.80 195.80 MIXED STEER/HEIFER Over 80% Choice 72 824-824 824 63.1 199.86-199.86 199.86 65 - 80% Choice 176 758-875 848 63.1 185.01-195.98 193.49 35 - 65% Choice 131 695-695 695 63.1 173.69-173.69 173.69 0 - 35% Choice - - Total all grades 379 695-875 791 63.1 173.69-199.86 187.85 ALL STEERS & HEIFERS 2,552 695-966 853 65.0 173.69-201.50 195.31 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 180 993-1,001 995 64.3 194.27-194.27 194.27 65 - 80% Choice 151 769-830 802 63.7 182.94-193.45 187.81 35 - 65% Choice 258 787-1,021 874 65.2 191.09-194.27 192.23 0 - 35% Choice - - Total all grades 589 769-1,021 893 64.5 182.94-194.27 191.72 HEIFER Over 80% Choice 122 724-724 724 64.0 198.24-198.24 198.24 65 - 80% Choice 297 720-792 739 64.0 188.95-191.06 190.52 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 419 720-792 735 64.0 188.95-198.24 192.77 MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 474 776-934 841 64.9 193.20-194.27 193.59 35 - 65% Choice 112 850-850 850 65.1 194.27-194.27 194.27 0 - 35% Choice - - Total all grades 586 776-934 842 64.9 193.20-194.27 193.72 ALL STEERS & HEIFERS 1,594 720-1,021 833 64.5 182.94-198.24 192.73 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 136 855-855 855 62.3 172.03-172.03 172.03 65 - 80% Choice 267 846-881 864 61.9 168.78-172.03 170.47 35 - 65% Choice 264 829-829 829 61.6 168.78-168.78 168.78 0 - 35% Choice - - Total all grades 667 829-881 848 61.8 168.78-172.03 170.12 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 - - 35 - 65% Choice 1,293 1,241-1,467 1,306 63.9 117.90-123.11 120.71 0 - 35% Choice - - Total all grades 1,293 1,241-1,467 1,306 63.9 117.90-123.11 120.71 HEIFER Over 80% Choice - - 65 - 80% Choice 88 1,264-1,264 1,264 63.0 124.52-124.52 124.52 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 88 1,264-1,264 1,264 63.0 124.52-124.52 124.52 MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS 1,381 1,241-1,467 1,303 63.8 117.90-124.52 120.95 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 114 1,312-1,312 1,312 60.7 107.65-107.65 107.65 35 - 65% Choice 685 1,371-1,509 1,426 59.9 107.13-110.80 109.23 0 - 35% Choice - - Total all grades 799 1,312-1,509 1,410 60.0 107.13-110.80 109.00 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 .