TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Dec 02, 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, 12/01/2019

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            58,233  12,716    70,949        87,951          85,540
Negotiated Grid Net:     1,494       0     1,494         1,051           1,518
Forward Contract Net:    1,650     819     2,469         3,802           4,373

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      5,747     801-1,007   932     63.8   177.07-214.52  187.99
 65 - 80% Choice     10,633     654-1,043   901     63.9   167.34-189.89  185.07
 35 - 65% Choice     10,596     684-997     879     64.1   171.75-187.16  183.11
  0 - 35% Choice        198     833-862     844     64.7   166.90-176.64  173.48
 Total all grades    27,174     654-1,043   899     64.0   166.90-214.52  184.84
HEIFER
 Over 80% Choice     10,254     689-937     811     64.0   174.85-211.44  188.86
 65 - 80% Choice     12,530     663-875     785     63.9   180.27-191.94  187.24
 35 - 65% Choice      3,772     694-893     772     63.6   175.81-186.90  182.43
  0 - 35% Choice                   -                             -
 Total all grades    26,556     663-937     794     63.9   174.85-211.44  187.18
MIXED STEER/HEIFER
 Over 80% Choice      1,393     729-995     856     64.4   173.47-189.84  184.58
 65 - 80% Choice        847     728-871     794     64.0   181.39-187.84  184.17
 35 - 65% Choice        759     748-918     847     62.7   163.44-182.53  177.47
  0 - 35% Choice                   -                             -
 Total all grades     2,999     728-995     836     63.9   163.44-189.84  182.67
ALL STEERS & HEIFERS
                     56,729     654-1,043   846     63.9   163.44-214.52  185.82
MIXED STEER/HEIFER/COW
 Over 80% Choice                   -                             -
 65 - 80% Choice         93     779-779     779     62.9   182.61-182.61  182.61
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades        93     779-779     779     62.9   182.61-182.61  182.61
DAIRYBRED STEER/HEIFER
 Over 80% Choice        276     835-883     858     61.0   172.95-177.78  175.16
 65 - 80% Choice        711     730-876     797     60.0   164.91-170.46  167.86
 35 - 65% Choice        282     723-883     817     58.9   155.12-164.13  161.58
  0 - 35% Choice        142     767-767     767     58.9   168.08-168.08  168.08
 Total all grades     1,411     723-883     810     59.9   155.12-177.78  168.06


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      1,044   1,315-1,614  1,512    63.3   115.49-140.88  126.07
 65 - 80% Choice      2,468   1,220-1,494  1,402    63.3   114.99-118.00  117.24
 35 - 65% Choice      3,749   1,184-1,548  1,310    63.3   115.99-118.00  116.49
  0 - 35% Choice        299   1,409-1,447  1,439    60.8   116.00-116.00  116.00
 Total all grades     7,560   1,184-1,614  1,373    63.2   114.99-140.88  118.04
HEIFER
 Over 80% Choice        277   1,288-1,482  1,428    64.5   131.83-133.44  132.28
 65 - 80% Choice      1,258   1,137-1,283  1,225    62.6   115.99-117.00  116.37
 35 - 65% Choice        416   1,244-1,281  1,277    62.8   116.00-117.00  116.12
  0 - 35% Choice        282   1,225-1,225  1,225    61.7   117.00-117.00  117.00
 Total all grades     2,233   1,137-1,482  1,260    62.8   115.99-133.44  118.37
MIXED STEER/HEIFER
 Over 80% Choice        643   1,183-1,536  1,462    63.4   116.97-134.99  124.45
 65 - 80% Choice        208   1,293-1,410  1,329    61.6   116.00-116.50  116.10
 35 - 65% Choice      1,436   1,155-1,438  1,292    62.9   114.52-116.00  115.57
  0 - 35% Choice        106   1,194-1,194  1,194    63.2   115.00-115.00  115.00
 Total all grades     2,393   1,155-1,536  1,336    62.9   114.52-134.99  117.98
ALL STEERS & HEIFERS
                     12,186   1,137-1,614  1,345    63.0   114.52-140.88  118.09
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice         73   1,434-1,434  1,434    62.1    98.83-98.83    98.83
 65 - 80% Choice        317   1,296-1,418  1,350    60.3    98.97-100.00   99.42
 35 - 65% Choice        140   1,374-1,374  1,374    59.6    94.80-94.80    94.80
  0 - 35% Choice                   -                             -
 Total all grades       530   1,296-1,434  1,368    60.4    94.80-100.00   98.12


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice         70     857-905     882     63.8   182.86-191.11  187.10
 65 - 80% Choice        180     825-893     853     63.9   178.05-186.35  181.89
 35 - 65% Choice        197     913-913     913     65.9   177.72-177.72  177.72
  0 - 35% Choice                   -                             -
 Total all grades       447     825-913     884     64.7   177.72-191.11  180.87
HEIFER
 Over 80% Choice        387     787-831     814     64.3   185.48-188.24  187.13
 65 - 80% Choice                   -                             -
 35 - 65% Choice         73     786-786     786     59.6   173.20-173.20  173.20
  0 - 35% Choice                   -                             -
 Total all grades       460     786-831     809     63.5   173.20-188.24  184.92
MIXED STEER/HEIFER
 Over 80% Choice        262     854-965     895     64.7   172.60-183.72  180.69
 65 - 80% Choice        168     764-768     765     63.8   180.45-182.02  181.10
 35 - 65% Choice        157     782-812     797     63.8   162.88-163.34  163.11
  0 - 35% Choice                   -                             -
 Total all grades       587     764-965     832     64.2   162.88-183.72  176.10
ALL STEERS & HEIFERS
                      1,494     764-965     841     64.2   162.88-191.11  180.25
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                   -                             -
 65 - 80% Choice        458     891-891     891     65.3   173.63-173.63  173.63
 35 - 65% Choice        610     882-909     901     64.8   183.49-189.58  185.17
  0 - 35% Choice                   -                             -
 Total all grades     1,068     882-909     896     65.0   173.63-189.58  180.22
HEIFER
 Over 80% Choice        220     720-837     759     63.8   188.67-196.53  193.96
 65 - 80% Choice        216     837-839     838     63.8   187.81-188.64  188.12
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       436     720-839     798     63.8   187.81-196.53  191.06
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                      1,504     720-909     868     64.7   173.63-196.53  183.36
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice         74     905-905     905     61.6   171.68-171.68  171.68
 65 - 80% Choice         72     870-870     870     62.4   169.48-169.48  169.48
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       146     870-905     888     62.0   169.48-171.68  170.60


                          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         57   1,436-1,436  1,436    64.2   121.63-121.63  121.63
  0 - 35% Choice                   -                             -
 Total all grades        57   1,436-1,436  1,436    64.2   121.63-121.63  121.63
HEIFER
 Over 80% Choice        113   1,294-1,294  1,294    63.4   109.40-109.40  109.40
 65 - 80% Choice         83   1,183-1,183  1,183    63.3   120.05-120.05  120.05
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       196   1,183-1,294  1,247    63.4   109.40-120.05  113.91
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                        253   1,183-1,436  1,290    63.5   109.40-121.63  115.65
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice                   -                             -
 35 - 65% Choice        566   1,240-1,415  1,297    60.3   103.22-107.35  105.06
  0 - 35% Choice                   -                             -
 Total all grades       566   1,240-1,415  1,297    60.3   103.22-107.35  105.06


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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