TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Jun 10, 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, 06/09/2019

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            85,293  21,163   106,456        85,155          91,348
Negotiated Grid Net:     1,003       0     1,003           767           3,433
Forward Contract Net:    5,298   1,536     6,834         5,141           4,381

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice     12,008     681-976     892     64.3   169.83-190.08  184.28
 65 - 80% Choice     16,225     636-983     871     64.6   169.02-187.83  182.68
 35 - 65% Choice     16,653     716-956     834     64.4   176.75-192.85  181.92
  0 - 35% Choice      1,368     666-866     823     63.7   176.61-180.88  180.02
 Total all grades    46,254     636-983     862     64.4   169.02-192.85  182.74
HEIFER
 Over 80% Choice     14,904     632-877     797     64.4   179.20-208.57  185.21
 65 - 80% Choice     10,084     668-949     766     64.3   167.25-187.25  184.12
 35 - 65% Choice      6,129     661-830     746     63.9   178.45-186.83  183.61
  0 - 35% Choice                   -                             -
 Total all grades    31,117     632-949     777     64.3   167.25-208.57  184.54
MIXED STEER/HEIFER
 Over 80% Choice      3,370     664-935     795     63.9   167.65-225.37  186.22
 65 - 80% Choice      1,332     653-889     760     63.6   163.63-196.06  180.48
 35 - 65% Choice      1,440     615-881     768     62.5   167.66-190.95  179.04
  0 - 35% Choice                   -                             -
 Total all grades     6,142     615-935     781     63.5   163.63-225.37  183.29
ALL STEERS & HEIFERS
                     83,513     615-983     824     64.3   163.63-225.37  183.45
MIXED STEER/HEIFER/COW
 Over 80% Choice        147     657-847     753     63.2   148.84-182.85  167.05
 65 - 80% Choice        229     680-722     708     63.8   147.72-182.28  170.92
 35 - 65% Choice        363     667-951     842     62.3   151.62-177.50  160.76
  0 - 35% Choice                   -                             -
 Total all grades       739     657-951     783     63.0   147.72-182.85  165.16
DAIRYBRED STEER/HEIFER
 Over 80% Choice        302     742-884     815     60.0   164.90-183.03  171.06
 65 - 80% Choice        334     840-843     842     61.7   166.58-167.20  166.89
 35 - 65% Choice        405     779-886     814     59.9   154.50-167.56  158.76
  0 - 35% Choice                   -                             -
 Total all grades     1,041     742-886     823     60.5   154.50-183.03  164.94


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      1,093   1,281-1,544  1,426    63.3   114.34-133.83  118.90
 65 - 80% Choice      3,139   1,131-1,474  1,325    63.3   115.00-117.00  115.96
 35 - 65% Choice      4,431   1,096-1,543  1,310    62.9   114.92-116.50  115.28
  0 - 35% Choice                   -                             -
 Total all grades     8,663   1,096-1,544  1,330    63.1   114.34-133.83  115.98
HEIFER
 Over 80% Choice        418   1,250-1,320  1,265    63.7   114.92-132.09  118.15
 65 - 80% Choice      3,194   1,127-1,327  1,194    62.8   115.00-117.00  116.38
 35 - 65% Choice      2,211   1,034-1,421  1,184    62.8   114.00-116.50  115.19
  0 - 35% Choice                   -                             -
 Total all grades     5,823   1,034-1,421  1,195    62.8   114.00-132.09  116.06
MIXED STEER/HEIFER
 Over 80% Choice      1,822   1,155-1,405  1,275    63.2   114.41-136.57  126.26
 65 - 80% Choice      1,654   1,152-1,388  1,270    62.7   115.00-117.44  115.94
 35 - 65% Choice      2,050   1,032-1,543  1,225    62.4   114.92-117.00  115.26
  0 - 35% Choice                   -                             -
 Total all grades     5,526   1,032-1,543  1,255    62.8   114.41-136.57  119.09
ALL STEERS & HEIFERS
                     20,012   1,032-1,544  1,270    62.9   114.00-136.57  116.86
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice        375   1,394-1,522  1,431    60.9    93.84-96.52    95.66
 65 - 80% Choice        593   1,392-1,455  1,401    59.8    91.22-101.00   98.17
 35 - 65% Choice        183   1,382-1,384  1,383    58.9    90.67-91.42    91.03
  0 - 35% Choice                   -                             -
 Total all grades     1,151   1,382-1,522  1,408    60.0    90.67-101.00   96.22


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        178     839-930     879     63.9   181.99-185.76  183.72
 65 - 80% Choice        298     776-867     841     64.6   184.48-184.64  184.53
 35 - 65% Choice         73     904-904     904     63.5   178.48-178.48  178.48
  0 - 35% Choice                   -                             -
 Total all grades       549     776-930     862     64.3   178.48-185.76  183.46
HEIFER
 Over 80% Choice        186     829-848     836     66.1   183.94-189.45  185.03
 65 - 80% Choice                   -                             -
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       186     829-848     836     66.1   183.94-189.45  185.03
MIXED STEER/HEIFER
 Over 80% Choice        223     837-885     859     64.0   179.94-187.48  184.19
 65 - 80% Choice         25   1,047-1,047  1,047    63.6   171.38-171.38  171.38
 35 - 65% Choice         20     845-845     845     63.3   175.17-175.17  175.17
  0 - 35% Choice                   -                             -
 Total all grades       268     837-1,047   875     63.9   171.38-187.48  182.32
ALL STEERS & HEIFERS
                      1,003     776-1,047   861     64.5   171.38-189.45  183.45
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        212     903-939     930     64.6   187.67-193.77  189.32
 65 - 80% Choice        314     857-920     884     64.4   174.61-187.91  180.20
 35 - 65% Choice        484     739-899     818     64.7   185.10-193.39  189.05
  0 - 35% Choice        132     745-745     745     63.2   196.77-196.77  196.77
 Total all grades     1,142     739-939     849     64.4   174.61-196.77  187.56
HEIFER
 Over 80% Choice      1,467     693-841     790     64.6   186.01-193.15  189.80
 65 - 80% Choice      1,944     653-809     731     63.9   180.67-195.43  189.25
 35 - 65% Choice        307     676-847     767     64.6   183.51-190.78  186.93
  0 - 35% Choice                   -                             -
 Total all grades     3,718     653-847     757     64.3   180.67-195.43  189.28
MIXED STEER/HEIFER
 Over 80% Choice         65     831-831     831     64.9   194.92-194.92  194.92
 65 - 80% Choice                   -                             -
 35 - 65% Choice         59     753-753     753     61.5   193.15-193.15  193.15
  0 - 35% Choice                   -                             -
 Total all grades       124     753-831     794     63.3   193.15-194.92  194.08
ALL STEERS & HEIFERS
                      4,984     653-939     779     64.3   174.61-196.77  189.00
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice        278     827-874     857     61.6   171.53-173.94  172.70
 65 - 80% Choice         36     858-858     858     61.5   171.51-171.51  171.51
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       314     827-874     857     61.5   171.51-173.94  172.56


                          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        192   1,266-1,266  1,266    62.7   119.03-119.03  119.03
 35 - 65% Choice        693   1,243-1,387  1,295    63.7   116.63-122.67  119.14
  0 - 35% Choice                   -                             -
 Total all grades       885   1,243-1,387  1,289    63.4   116.63-122.67  119.12
HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        521   1,046-1,201  1,110    63.7   118.95-121.00  119.74
 35 - 65% Choice        130   1,212-1,227  1,221    63.0   118.00-118.28  118.16
  0 - 35% Choice                   -                             -
 Total all grades       651   1,046-1,227  1,132    63.6   118.00-121.00  119.42
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                      1,536   1,046-1,387  1,222    63.5   116.63-122.67  119.25
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


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




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