TX-OK-NM Weekly Direct Slaughter Cattle - Formula, Grid and Contract Purchases
LM_CT139
St Joseph, MO    Mon Feb 11, 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, 02/10/2019

                               DOMESTIC CATTLE ONLY
                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:            60,357  19,706    80,063        78,819          62,235
Negotiated Grid Net:     1,718       0     1,718         1,719           1,415
Forward Contract Net:      894     630     1,524         4,065           3,436

                             FORMULA NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      7,561     718-1,024   896     64.8   185.59-200.87  195.19
 65 - 80% Choice     12,924     718-987     872     65.0   186.88-199.78  194.66
 35 - 65% Choice     12,000     630-991     857     64.5   180.42-199.99  195.12
  0 - 35% Choice        474     729-882     845     64.7   194.41-198.75  195.10
 Total all grades    32,959     630-1,024   872     64.8   180.42-200.87  194.95
HEIFER
 Over 80% Choice     11,944     682-896     802     64.6   191.65-202.13  196.40
 65 - 80% Choice      5,996     687-881     777     64.4   191.45-199.78  196.44
 35 - 65% Choice      3,620     638-879     740     64.1   192.86-198.16  195.90
  0 - 35% Choice        109     718-718     718     63.5   194.55-194.55  194.55
 Total all grades    21,669     638-896     784     64.5   191.45-202.13  196.32
MIXED STEER/HEIFER
 Over 80% Choice        734     719-910     820     64.8   187.50-202.96  194.78
 65 - 80% Choice        527     677-1,080   791     63.2   174.55-200.40  194.29
 35 - 65% Choice        699     711-840     773     63.9   178.53-198.68  194.37
  0 - 35% Choice                   -                             -
 Total all grades     1,960     677-1,080   795     64.0   174.55-202.96  194.50
ALL STEERS & HEIFERS
                     56,588     630-1,080   836     64.6   174.55-202.96  195.46
MIXED STEER/HEIFER/COW
 Over 80% Choice        204     751-827     790     63.2   194.74-198.35  197.15
 65 - 80% Choice        167     776-889     824     64.4   189.29-195.87  192.05
 35 - 65% Choice        362     776-944     809     62.2   164.40-193.87  184.92
  0 - 35% Choice                   -                             -
 Total all grades       733     751-944     807     63.0   164.40-198.35  189.95
DAIRYBRED STEER/HEIFER
 Over 80% Choice        506     758-880     808     59.5   171.75-191.07  183.65
 65 - 80% Choice      2,256     766-899     849     61.6   175.47-188.19  182.92
 35 - 65% Choice        274     846-846     846     62.0   184.78-184.78  184.78
  0 - 35% Choice                   -                             -
 Total all grades     3,036     758-899     842     61.3   171.75-191.07  183.21


                               FORMULA NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice      1,833   1,292-1,532  1,392    63.8   120.41-143.30  128.26
 65 - 80% Choice      2,916   1,220-1,516  1,395    63.8   123.00-125.25  124.64
 35 - 65% Choice      5,279   1,071-1,516  1,260    63.3   121.95-125.25  124.38
  0 - 35% Choice                   -                             -
 Total all grades    10,028   1,071-1,532  1,323    63.5   120.41-143.30  125.17
HEIFER
 Over 80% Choice      1,273   1,177-1,417  1,240    63.3   118.22-125.00  124.25
 65 - 80% Choice      2,429   1,115-1,307  1,168    63.0   124.00-126.00  124.77
 35 - 65% Choice      1,122   1,080-1,359  1,179    63.3   123.00-125.00  124.25
  0 - 35% Choice        178   1,119-1,119  1,119    64.1   125.00-125.00  125.00
 Total all grades     5,002   1,080-1,417  1,187    63.2   118.22-126.00  124.53
MIXED STEER/HEIFER
 Over 80% Choice      1,129   1,246-1,495  1,350    63.7   124.00-148.08  130.74
 65 - 80% Choice      1,754   1,075-1,417  1,274    63.1   120.00-125.46  123.74
 35 - 65% Choice      1,158   1,079-1,437  1,263    62.4   120.00-125.54  124.15
  0 - 35% Choice                   -                             -
 Total all grades     4,041   1,075-1,495  1,292    63.1   120.00-148.08  125.81
ALL STEERS & HEIFERS
                     19,071   1,071-1,532  1,281    63.3   118.22-148.08  125.14
MIXED STEER/HEIFER/COW
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER
 Over 80% Choice        175   1,390-1,390  1,390    60.3   105.67-105.67  105.67
 65 - 80% Choice        275   1,343-1,424  1,385    60.1   102.76-108.00  105.10
 35 - 65% Choice        185   1,328-1,357  1,342    60.0   103.07-104.01  103.53
  0 - 35% Choice                   -                             -
 Total all grades       635   1,328-1,424  1,374    60.1   102.76-108.00  104.80


                         NEGOTIATED GRID NET:  Dressed Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        604     798-973     868     64.7   189.54-200.03  195.42
 65 - 80% Choice        551     731-927     861     63.9   173.48-193.97  188.72
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades     1,155     731-973     865     64.3   173.48-200.03  192.22
HEIFER
 Over 80% Choice        126     826-826     826     64.4   196.82-196.82  196.82
 65 - 80% Choice                   -                             -
 35 - 65% Choice        121     905-905     905     62.8   190.84-190.84  190.84
  0 - 35% Choice                   -                             -
 Total all grades       247     826-905     864     63.6   190.84-196.82  193.89
MIXED STEER/HEIFER
 Over 80% Choice        316     758-890     821     63.1   196.00-202.65  198.35
 65 - 80% Choice                   -                             -
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       316     758-890     821     63.1   196.00-202.65  198.35
ALL STEERS & HEIFERS
                      1,718     731-973     856     64.0   173.48-202.65  193.59
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         62     808-808     808     64.7   192.39-192.39  192.39
 65 - 80% Choice        141     884-884     884     65.1   185.55-185.55  185.55
 35 - 65% Choice        292     778-800     794     63.1   191.25-195.99  194.69
  0 - 35% Choice                   -                             -
 Total all grades       495     778-884     821     63.9   185.55-195.99  191.80
HEIFER
  No Reportable Trade.  
MIXED STEER/HEIFER
  No Reportable Trade.  
ALL STEERS & HEIFERS
                        495     778-884     821     63.9   185.55-195.99  191.80
MIXED STEER/HEIFER/COW
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER
 Over 80% Choice                   -                             -
 65 - 80% Choice        399     816-898     865     62.1   172.03-173.66  173.09
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       399     816-898     865     62.1   172.03-173.66  173.09


                          FORWARD CONTRACT NET:  Live Basis
                       Head      Weight     Avg   Wtd Avg      Price         Avg
                      Count       Range      Wt  Dress Pct     Range       Price
STEER
 Over 80% Choice        221   1,245-1,371  1,269    65.4   123.00-125.47  125.12
 65 - 80% Choice                   -                             -
 35 - 65% Choice                   -                             -
  0 - 35% Choice                   -                             -
 Total all grades       221   1,245-1,371  1,269    65.4   123.00-125.47  125.12
HEIFER
 Over 80% Choice        313   1,202-1,209  1,204    63.6   120.35-122.75  122.07
 65 - 80% Choice                   -                             -
 35 - 65% Choice         96   1,097-1,097  1,097    64.7   119.77-119.77  119.77
  0 - 35% Choice                   -                             -
 Total all grades       409   1,097-1,209  1,179    63.9   119.77-122.75  121.53
MIXED STEER/HEIFER
  No Reportable Trade.  
ALL STEERS & HEIFERS
                        630   1,097-1,371  1,210    64.4   119.77-125.47  122.79
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




.