TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Apr 16, 2018    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, 04/15/2018

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            75,974  15,501    91,475        90,725          73,394
Negotiated Grid Net:     4,069       0     4,069         3,661           1,337
Forward Contract Net:    4,134   4,371     8,505        10,609          15,941

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice     11,624     637-1,029   883     64.5   174.74-208.83  189.96
 65 - 80% Choice     19,909     685-971     876     64.6   176.34-197.64  188.81
 35 - 65% Choice     10,740     691-976     853     64.3   178.61-197.78  188.44
  0 - 35% Choice        613     752-944     825     64.3   178.83-190.77  184.78
 Total all grades    42,886     637-1,029   872     64.5   174.74-208.83  188.97
HEIFER
 Over 80% Choice     14,346     667-918     795     64.2   180.14-203.80  193.16
 65 - 80% Choice      7,968     671-868     780     64.1   184.88-198.65  191.34
 35 - 65% Choice        777     693-904     763     64.0   171.19-196.32  187.77
  0 - 35% Choice                   -                             -
 Total all grades    23,091     667-918     789     64.2   171.19-203.80  192.35
MIXED STEER/HEIFER
 Over 80% Choice      1,154     745-878     801     64.2   179.12-197.43  191.87
 65 - 80% Choice        923     656-852     773     63.7   180.48-193.20  189.66
 35 - 65% Choice      2,090     722-909     805     63.9   180.64-192.50  188.46
  0 - 35% Choice        570     766-885     830     64.0   181.28-192.00  189.18
 Total all grades     4,737     656-909     801     64.0   179.12-197.43  189.61
ALL STEERS & HEIFERS
                     70,714     637-1,029   840     64.3   171.19-208.83  190.12
MIXED STEER/HEIFER/COW
 Over 80% Choice        131     713-797     751     63.4   187.11-189.02  187.97
 65 - 80% Choice        494     681-813     739     63.1   171.00-192.10  181.38
 35 - 65% Choice        144     828-841     834     61.7   178.26-178.91  178.57
  0 - 35% Choice         80     687-687     687     62.0   151.69-151.69  151.69
 Total all grades       849     681-841     752     62.8   151.69-192.10  179.12
DAIRYBRED STEER/HEIFER
 Over 80% Choice        476     671-897     824     61.0   163.32-190.86  175.47
 65 - 80% Choice      2,347     635-920     863     61.5   171.00-186.98  178.24
 35 - 65% Choice      1,588     664-926     837     61.3   150.19-184.17  175.79
  0 - 35% Choice                   -                             -
 Total all grades     4,411     635-926     849     61.3   150.19-190.86  177.06


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        829   1,168-1,523  1,421    64.4   118.43-136.90  122.75
 65 - 80% Choice      2,089   1,148-1,447  1,290    64.6   119.00-122.00  120.06
 35 - 65% Choice      3,877   1,159-1,414  1,284    63.1   117.39-122.00  118.81
  0 - 35% Choice                   -                             -
 Total all grades     6,795   1,148-1,523  1,302    63.7   117.39-136.90  119.67
HEIFER
 Over 80% Choice      1,112   1,200-1,601  1,273    64.2   119.00-122.00  120.76
 65 - 80% Choice        671   1,121-1,365  1,173    62.9   119.00-120.93  119.55
 35 - 65% Choice      1,758   1,126-1,319  1,235    62.7   116.00-122.00  118.86
  0 - 35% Choice                   -                             -
 Total all grades     3,541   1,121-1,601  1,235    63.2   116.00-122.00  119.59
MIXED STEER/HEIFER
 Over 80% Choice        868   1,160-1,402  1,295    61.7   117.03-138.26  133.46
 65 - 80% Choice      1,622   1,187-1,413  1,290    63.6   118.00-125.00  119.31
 35 - 65% Choice      1,821   1,126-1,463  1,251    63.3   116.06-125.00  119.29
  0 - 35% Choice        359   1,192-1,479  1,293    62.8   117.00-119.35  118.69
 Total all grades     4,670   1,126-1,479  1,276    63.1   116.06-138.26  121.88
ALL STEERS & HEIFERS
                     15,006   1,121-1,601  1,278    63.4   116.00-138.26  120.34
MIXED STEER/HEIFER/COW
 Over 80% Choice                   -                             -
 65 - 80% Choice        111   1,409-1,409  1,409    61.4   106.00-106.00  106.00
 35 - 65% Choice         44   1,198-1,198  1,198    63.0   105.19-105.19  105.19
  0 - 35% Choice                   -                             -
 Total all grades       155   1,198-1,409  1,349    61.9   105.19-106.00  105.77
DAIRYBRED STEER/HEIFER
 Over 80% Choice         42   1,127-1,127  1,127    61.0   110.89-110.89  110.89
 65 - 80% Choice        123   1,310-1,365  1,349    60.2   102.29-103.20  102.93
 35 - 65% Choice        175   1,320-1,320  1,320    60.2   100.10-100.10  100.10
  0 - 35% Choice                   -                             -
 Total all grades       340   1,127-1,365  1,307    60.3   100.10-110.89  102.46


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        132     957-957     957     66.6   189.85-189.85  189.85
 65 - 80% Choice        917     680-932     855     64.1   167.31-194.55  186.16
 35 - 65% Choice        516     767-913     858     63.8   183.17-193.74  189.46
  0 - 35% Choice                   -                             -
 Total all grades     1,565     680-957     865     64.2   167.31-194.55  187.56
HEIFER
 Over 80% Choice      1,185     705-954     763     64.6   182.87-197.02  192.61
 65 - 80% Choice        328     754-905     800     64.0   183.57-194.52  191.98
 35 - 65% Choice        322     721-835     741     64.6   185.41-195.51  194.02
  0 - 35% Choice                   -                             -
 Total all grades     1,835     705-954     766     64.5   182.87-197.02  192.74
MIXED STEER/HEIFER
 Over 80% Choice        254     759-852     776     64.0   188.60-195.49  191.40
 65 - 80% Choice        377     825-926     858     62.9   184.48-192.53  188.56
 35 - 65% Choice         38     819-819     819     63.0   189.56-189.56  189.56
  0 - 35% Choice                   -                             -
 Total all grades       669     759-926     825     63.3   184.48-195.49  189.70
ALL STEERS & HEIFERS
                      4,069     680-957     814     64.2   167.31-197.02  190.25
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        554     892-1,014   948     64.3   186.39-202.47  197.45
 65 - 80% Choice        719     788-992     900     65.2   181.69-201.94  196.92
 35 - 65% Choice      1,640     771-1,001   854     64.3   176.00-202.05  193.42
  0 - 35% Choice                   -                             -
 Total all grades     2,913     771-1,014   883     64.5   176.00-202.47  195.05
HEIFER
 Over 80% Choice        149     710-810     731     62.6   184.50-207.93  189.37
 65 - 80% Choice        575     709-781     746     64.3   181.36-203.27  191.44
 35 - 65% Choice         69     736-736     736     63.3   201.12-201.12  201.12
  0 - 35% Choice                   -                             -
 Total all grades       793     709-810     742     63.9   181.36-207.93  191.89
MIXED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice                   -                             -
 35 - 65% Choice         87     751-751     751     64.3   201.80-201.80  201.80
  0 - 35% Choice                   -                             -
 Total all grades        87     751-751     751     64.3   201.80-201.80  201.80
ALL STEERS & HEIFERS
                      3,793     709-1,014   851     64.4   176.00-207.93  194.55
MIXED STEER/HEIFER/COW
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        341     857-872     861     62.2   160.57-160.57  160.57
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       341     857-872     861     62.2   160.57-160.57  160.57


                          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      1,946   1,056-1,427  1,286    63.4   118.20-129.50  122.24
  0 - 35% Choice                   -                             -
 Total all grades     1,946   1,056-1,427  1,286    63.4   118.20-129.50  122.24
HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        182   1,276-1,276  1,276    64.0   128.60-128.60  128.60
 35 - 65% Choice        167   1,121-1,125  1,123    62.6   114.00-114.25  114.10
  0 - 35% Choice                   -                             -
 Total all grades       349   1,121-1,276  1,203    63.4   114.00-128.60  121.66
MIXED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        242   1,222-1,222  1,222    63.6   120.00-120.00  120.00
 35 - 65% Choice        579   1,016-1,218  1,061    63.2   119.60-128.00  121.49
  0 - 35% Choice                   -                             -
 Total all grades       821   1,016-1,222  1,109    63.3   119.60-128.00  121.05
ALL STEERS & HEIFERS
                      3,116   1,016-1,427  1,230    63.4   114.00-129.50  121.86
MIXED STEER/HEIFER/COW
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice                   -                             -
 35 - 65% Choice      1,255   1,189-1,410  1,300    60.5   108.00-118.35  112.96
  0 - 35% Choice                   -                             -
 Total all grades     1,255   1,189-1,410  1,300    60.5   108.00-118.35  112.96


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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