TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Apr 15, 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, 04/14/2019

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            77,144  13,592    90,736        93,411          91,475
Negotiated Grid Net:     2,354       0     2,354         1,332           4,069
Forward Contract Net:    3,039   4,797     7,836         5,635           8,505

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice     12,446     720-1,000   886     64.3   190.21-244.03  199.76
 65 - 80% Choice     17,078     641-980     865     64.6   179.51-203.77  197.78
 35 - 65% Choice     11,633     601-983     846     64.7   179.64-202.13  195.68
  0 - 35% Choice        295     746-808     792     63.5   192.14-192.89  192.69
 Total all grades    41,452     601-1,000   865     64.5   179.51-244.03  197.75
HEIFER
 Over 80% Choice     18,820     659-937     798     64.3   193.59-243.38  200.70
 65 - 80% Choice      8,232     695-845     768     64.2   193.46-201.98  198.77
 35 - 65% Choice      2,545     641-888     721     64.0   173.88-200.65  196.43
  0 - 35% Choice          3     692-692     692     60.8   195.09-195.09  195.09
 Total all grades    29,600     641-937     783     64.3   173.88-243.38  199.80
MIXED STEER/HEIFER
 Over 80% Choice      1,267     687-889     799     63.7   184.96-238.37  200.38
 65 - 80% Choice        638     685-865     792     63.1   180.58-203.00  194.64
 35 - 65% Choice        919     682-917     787     63.7   182.42-200.77  196.13
  0 - 35% Choice         23     619-619     619     56.5   192.50-192.50  192.50
 Total all grades     2,847     619-917     792     63.5   180.58-238.37  197.66
ALL STEERS & HEIFERS
                     73,899     601-1,000   830     64.4   173.88-244.03  198.57
MIXED STEER/HEIFER/COW
 Over 80% Choice        947     760-941     814     63.6   177.67-201.26  197.61
 65 - 80% Choice        310     792-928     847     61.6   171.41-198.13  188.23
 35 - 65% Choice        207     870-955     909     61.6   166.63-175.27  171.74
  0 - 35% Choice        138     696-696     696     64.2   195.52-195.52  195.52
 Total all grades     1,602     696-955     823     63.0   166.63-201.26  192.27
DAIRYBRED STEER/HEIFER
 Over 80% Choice        174     782-836     801     59.8   175.00-192.78  182.44
 65 - 80% Choice      1,044     660-850     817     61.5   164.34-186.98  184.51
 35 - 65% Choice        425     808-859     818     61.4   183.95-186.98  184.37
  0 - 35% Choice                   -                             -
 Total all grades     1,643     660-859     816     61.3   164.34-192.78  184.25


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        660   1,152-1,382  1,173    62.1   127.15-145.62  143.94
 65 - 80% Choice      2,081   1,157-1,460  1,271    64.2   124.00-128.00  125.39
 35 - 65% Choice      2,715   1,186-1,428  1,238    63.9   123.90-128.00  124.88
  0 - 35% Choice                   -                             -
 Total all grades     5,456   1,152-1,460  1,242    63.8   123.90-145.62  127.38
HEIFER
 Over 80% Choice        862   1,188-1,404  1,275    64.0   123.90-126.39  125.41
 65 - 80% Choice        625   1,051-1,369  1,200    63.2   123.98-125.25  124.82
 35 - 65% Choice        254   1,146-1,209  1,154    64.4   124.00-125.65  125.44
  0 - 35% Choice                   -                             -
 Total all grades     1,741   1,051-1,404  1,230    63.8   123.90-126.39  125.20
MIXED STEER/HEIFER
 Over 80% Choice        806   1,174-1,476  1,351    64.3   119.90-150.86  129.06
 65 - 80% Choice      3,157   1,071-1,512  1,238    62.8   121.90-127.00  125.02
 35 - 65% Choice      1,545   1,044-1,309  1,199    62.9   124.00-126.00  124.53
  0 - 35% Choice                   -                             -
 Total all grades     5,508   1,044-1,512  1,243    63.1   119.90-150.86  125.48
ALL STEERS & HEIFERS
                     12,705   1,044-1,512  1,241    63.5   119.90-150.86  126.26
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        887   1,223-1,444  1,381    60.1   106.00-109.22  107.64
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       887   1,223-1,444  1,381    60.1   106.00-109.22  107.64


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        388     834-1,005   900     64.1   196.38-204.92  200.19
 65 - 80% Choice        734     834-875     859     64.9   197.33-199.75  198.49
 35 - 65% Choice        669     713-909     842     64.2   173.71-196.45  194.20
  0 - 35% Choice                   -                             -
 Total all grades     1,791     713-1,005   861     64.5   173.71-204.92  197.25
HEIFER
 Over 80% Choice         25     880-880     880     61.3   195.18-195.18  195.18
 65 - 80% Choice         76     800-800     800     64.0   199.29-199.29  199.29
 35 - 65% Choice         82     790-790     790     61.4   197.13-197.13  197.13
  0 - 35% Choice                   -                             -
 Total all grades       183     790-880     806     62.5   195.18-199.29  197.76
MIXED STEER/HEIFER
 Over 80% Choice         35     869-869     869     62.0   201.61-201.61  201.61
 65 - 80% Choice        137     737-737     737     62.7   196.23-196.23  196.23
 35 - 65% Choice         88     909-909     909     65.4   193.39-193.39  193.39
  0 - 35% Choice                   -                             -
 Total all grades       260     737-909     813     63.5   193.39-201.61  195.99
ALL STEERS & HEIFERS
                      2,234     713-1,005   851     64.2   173.71-204.92  197.15
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice        120     809-1,020   941     60.8   140.17-151.43  144.81
 65 - 80% Choice                   -                             -
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       120     809-1,020   941     60.8   140.17-151.43  144.81


                           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        846     814-1,051   977     65.2   199.02-206.27  203.04
 65 - 80% Choice        302     822-964     924     65.0   195.80-206.66  205.23
 35 - 65% Choice        337     743-845     807     65.2   192.27-206.47  201.44
  0 - 35% Choice        189     843-843     843     64.7   195.45-195.45  195.45
 Total all grades     1,674     743-1,051   918     65.1   192.27-206.66  202.26
HEIFER
 Over 80% Choice        501     776-882     811     64.9   198.24-203.65  201.41
 65 - 80% Choice        252     809-827     815     64.2   197.60-206.27  203.69
 35 - 65% Choice        200     724-772     755     64.7   187.55-197.92  194.81
  0 - 35% Choice                   -                             -
 Total all grades       953     724-882     800     64.7   187.55-206.27  200.63
MIXED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        114     982-982     982     65.7   204.03-204.03  204.03
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       114     982-982     982     65.7   204.03-204.03  204.03
ALL STEERS & HEIFERS
                      2,741     724-1,051   880     65.0   187.55-206.66  201.76
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice        182     856-903     888     61.8   181.72-184.72  182.59
 65 - 80% Choice                   -                             -
 35 - 65% Choice        116     796-796     796     61.1   173.50-173.50  173.50
  0 - 35% Choice                   -                             -
 Total all grades       298     796-903     852     61.5   173.50-184.72  179.05


                          FORWARD CONTRACT NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        696   1,102-1,409  1,222    63.9   119.57-127.00  121.11
 65 - 80% Choice      1,430   1,152-1,344  1,239    63.6   119.57-130.19  125.85
 35 - 65% Choice      1,277   1,224-1,357  1,267    63.6   121.90-130.19  127.01
  0 - 35% Choice                   -                             -
 Total all grades     3,403   1,102-1,409  1,246    63.7   119.57-130.19  125.32
HEIFER
 Over 80% Choice         82   1,258-1,258  1,258    63.1   123.73-123.73  123.73
 65 - 80% Choice        282   1,158-1,295  1,221    63.5   119.58-126.05  121.35
 35 - 65% Choice         37   1,292-1,292  1,292    64.2   123.57-123.57  123.57
  0 - 35% Choice                   -                             -
 Total all grades       401   1,158-1,295  1,235    63.5   119.58-126.05  122.04
MIXED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        110   1,385-1,385  1,385    64.4   127.30-127.30  127.30
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       110   1,385-1,385  1,385    64.4   127.30-127.30  127.30
ALL STEERS & HEIFERS
                      3,914   1,102-1,409  1,249    63.7   119.57-130.19  125.04
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice         81   1,350-1,350  1,350    60.7   109.25-109.25  109.25
 35 - 65% Choice        802   1,333-1,500  1,368    60.3   105.50-116.00  111.46
  0 - 35% Choice                   -                             -
 Total all grades       883   1,333-1,500  1,366    60.4   105.50-116.00  111.26


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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