TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Aug 19, 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, 08/18/2019

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            79,958  18,742    98,700        87,171          89,066
Negotiated Grid Net:     1,620       0     1,620           877           3,327
Forward Contract Net:    1,008   2,775     3,783         3,427           4,782

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      9,481     667-1,016   926     64.1   152.84-221.68  180.04
 65 - 80% Choice     17,205     692-1,012   907     64.6   157.72-187.49  177.31
 35 - 65% Choice     16,091     676-981     865     64.3   153.24-182.01  173.59
  0 - 35% Choice        738     799-893     839     64.1   149.66-173.97  168.46
 Total all grades    43,515     667-1,016   894     64.4   149.66-221.68  176.38
HEIFER
 Over 80% Choice     10,379     678-1,024   823     64.8   149.70-193.79  181.55
 65 - 80% Choice     14,094     677-883     790     64.5   164.31-183.96  178.17
 35 - 65% Choice      7,013     647-978     767     64.3   148.04-179.81  174.49
  0 - 35% Choice        127     736-739     737     63.8   166.21-168.11  166.52
 Total all grades    31,613     647-1,024   796     64.6   148.04-193.79  178.42
MIXED STEER/HEIFER
 Over 80% Choice      1,127     711-915     818     63.4   163.92-216.00  186.95
 65 - 80% Choice      1,458     686-966     808     64.0   160.35-186.43  175.82
 35 - 65% Choice      1,232     674-959     819     63.2   146.59-180.99  168.54
  0 - 35% Choice        122     694-780     708     62.5   160.04-168.64  161.45
 Total all grades     3,939     674-966     811     63.5   146.59-216.00  176.28
ALL STEERS & HEIFERS
                     79,067     647-1,024   851     64.4   146.59-221.68  177.19
MIXED STEER/HEIFER/COW
 Over 80% Choice                   -                             -
 65 - 80% Choice        230     733-756     750     63.8   166.89-179.64  176.31
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       230     733-756     750     63.8   166.89-179.64  176.31
DAIRYBRED STEER/HEIFER
 Over 80% Choice        450     755-911     828     59.7   155.60-174.45  160.97
 65 - 80% Choice        211     816-881     858     61.1   145.50-162.63  156.46
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       661     755-911     838     60.1   145.50-174.45  159.53


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      1,131   1,207-1,482  1,388    63.3   110.60-127.33  116.78
 65 - 80% Choice      2,676   1,189-1,499  1,416    63.8   109.60-112.00  111.43
 35 - 65% Choice      3,880   1,206-1,501  1,335    63.3   110.00-112.25  110.95
  0 - 35% Choice        550   1,285-1,491  1,313    62.1   110.00-111.00  110.61
 Total all grades     8,237   1,189-1,501  1,367    63.4   109.60-127.33  111.88
HEIFER
 Over 80% Choice        116   1,188-1,266  1,200    63.6   113.00-113.00  113.00
 65 - 80% Choice      2,431   1,050-1,342  1,220    63.5   110.00-113.00  111.68
 35 - 65% Choice      2,531   1,121-1,471  1,259    63.2   108.00-111.00  110.46
  0 - 35% Choice         72   1,087-1,087  1,087    63.0   111.00-111.00  111.00
 Total all grades     5,150   1,050-1,471  1,237    63.3   108.00-113.00  111.10
MIXED STEER/HEIFER
 Over 80% Choice      1,551   1,156-1,460  1,318    63.6   109.85-137.19  122.51
 65 - 80% Choice      1,044   1,204-1,393  1,307    62.7   108.63-111.00  110.49
 35 - 65% Choice      1,889   1,201-1,490  1,294    63.3   110.00-112.51  110.56
  0 - 35% Choice        291   1,194-1,349  1,303    63.3   110.50-112.00  111.55
 Total all grades     4,775   1,156-1,490  1,305    63.3   108.63-137.19  114.49
ALL STEERS & HEIFERS
                     18,162   1,050-1,501  1,314    63.3   108.00-137.19  112.35
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice         35   1,390-1,390  1,390    58.9    91.00-91.00    91.00
 65 - 80% Choice        241   1,385-1,519  1,461    60.2    94.00-96.00    95.13
 35 - 65% Choice        304   1,354-1,377  1,361    59.8    91.24-92.00    91.48
  0 - 35% Choice                   -                             -
 Total all grades       580   1,354-1,519  1,404    59.9    91.00-96.00    92.96


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        704     884-953     906     63.8   176.76-184.62  181.81
 65 - 80% Choice        212     899-899     899     65.4   177.27-177.27  177.27
 35 - 65% Choice        231     751-959     896     63.7   165.80-174.39  170.78
  0 - 35% Choice                   -                             -
 Total all grades     1,147     751-959     903     64.1   165.80-184.62  178.75
HEIFER
 Over 80% Choice         33     841-841     841     65.2   182.45-182.45  182.45
 65 - 80% Choice                   -                             -
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades        33     841-841     841     65.2   182.45-182.45  182.45
MIXED STEER/HEIFER
 Over 80% Choice        260     804-881     870     64.6   178.21-179.26  178.40
 65 - 80% Choice         59     765-765     765     62.0   182.46-182.46  182.46
 35 - 65% Choice        121     758-758     758     61.6   174.32-174.32  174.32
  0 - 35% Choice                   -                             -
 Total all grades       440     758-881     825     63.4   174.32-182.46  177.83
ALL STEERS & HEIFERS
                      1,620     751-959     880     63.9   165.80-184.62  178.57
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         72     790-873     832     61.5   184.22-186.30  185.26
 65 - 80% Choice                   -                             -
 35 - 65% Choice        190     841-854     847     64.5   177.97-184.18  181.50
  0 - 35% Choice                   -                             -
 Total all grades       262     790-873     843     63.7   177.97-186.30  182.53
HEIFER
 Over 80% Choice        267     813-846     833     65.5   191.00-191.96  191.45
 65 - 80% Choice        174     868-872     870     66.2   186.04-187.82  186.93
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       441     813-872     847     65.7   186.04-191.96  189.67
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                        703     790-873     846     65.0   177.97-191.96  187.01
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice        266     849-876     866     61.6   168.53-171.36  169.49
 65 - 80% Choice         39     858-858     858     62.3   167.01-167.01  167.01
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       305     849-876     865     61.7   167.01-171.36  169.17


                          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         37   1,409-1,409  1,409    62.1   119.00-119.00  119.00
 35 - 65% Choice        516   1,184-1,378  1,273    64.3   108.50-120.13  115.44
  0 - 35% Choice                   -                             -
 Total all grades       553   1,184-1,409  1,282    64.1   108.50-120.13  115.68
HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        701   1,101-1,255  1,175    62.9   106.40-117.62  114.49
 35 - 65% Choice        388   1,106-1,235  1,130    63.4   116.30-119.60  116.91
  0 - 35% Choice                   -                             -
 Total all grades     1,089   1,101-1,255  1,159    63.1   106.40-119.60  115.35
MIXED STEER/HEIFER
 Over 80% Choice         52   1,362-1,362  1,362    63.5   119.62-119.62  119.62
 65 - 80% Choice                   -                             -
 35 - 65% Choice      1,081   1,271-1,339  1,295    63.0   115.55-115.55  115.55
  0 - 35% Choice                   -                             -
 Total all grades     1,133   1,271-1,362  1,299    63.0   115.55-119.62  115.74
ALL STEERS & HEIFERS
                      2,775   1,101-1,409  1,240    63.3   106.40-120.13  115.57
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




.