Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Thu, May 03, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:    6,486    135,610      13,548      130,428       7,618      117,701
Live:       1,505     28,152       2,351       28,330       1,359       36,368
Total:      7,991    163,762      15,899      158,758       8,977      154,069

NEGOTIATED GRID NET:
Dressed:    1,708     13,862       2,684       16,363       3,159       18,766
Live:          86      4,506          86        5,552       1,016        3,974
Total:      1,794     18,368       2,770       21,915       4,175       22,740


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,415     64.1    737-933      844  185.02-200.47     189.39
65 - 80% Choice      89     65.4    922-922      922  193.67-193.67     193.67
35 - 65% Choice   1,677     64.3    688-899      772  169.84-198.54     186.74
 0 - 35% Choice     492     64.1    728-791      750  180.83-184.63     181.79
HEIFER
Over 80% Choice      79     63.9    701-796      743  197.64-201.37     199.29
65 - 80% Choice     650     64.2    679-845      757  186.44-199.19     194.09
35 - 65% Choice     605     64.5    679-693      686  183.65-184.79     184.25
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     477     61.8    646-886      742  188.08-199.05     191.59
65 - 80% Choice     598     62.7    692-878      813  187.83-193.69     190.83
35 - 65% Choice     195     63.6    799-840      821  191.71-193.68     192.60
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  6,277     63.9    646-933      782  169.84-201.37     188.67
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      34     56.7    833-833      833  172.03-172.03     172.03
65 - 80% Choice                        -                    -
35 - 65% Choice     175     61.8    851-851      851  187.14-187.14     187.14
 0 - 35% Choice                        -                    -


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     850     63.2  1,125-1,300   1,213 119.00-120.00     119.30
 0 - 35% Choice     184     63.9  1,275-1,275   1,275 119.50-119.50     119.50
HEIFER
Over 80% Choice      32     62.5  1,250-1,250   1,250 121.00-121.00     121.00
65 - 80% Choice     384     63.8  1,200-1,200   1,200 119.00-119.00     119.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      55     63.2  1,125-1,125   1,125 119.00-119.00     119.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,505     63.4  1,125-1,300   1,215 119.00-121.00     119.27
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     105     64.5    779-880      814  182.39-200.89     196.13
65 - 80% Choice      53     62.9    774-774      774  192.62-192.62     192.62
35 - 65% Choice     410     63.9    699-820      763  186.37-187.05     186.69
 0 - 35% Choice     536     64.4    699-750      710  183.71-187.19     184.50
HEIFER
Over 80% Choice     137     62.8    775-775      775  200.12-200.12     200.12
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     118     62.5    776-827      808  192.92-196.73     195.42
65 - 80% Choice                        -                    -
35 - 65% Choice     109     63.0    673-928      817  180.22-196.00     186.35
 0 - 35% Choice      12     62.0    708-708      708  194.35-194.35     194.35
ALL STEERS & HEIFERS
                  1,480     63.8    673-928      756  180.22-200.89     188.76
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     115     60.6    693-776      724  186.00-197.50     190.30
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     100     60.6    800-855      834  183.13-192.55     186.71
65 - 80% Choice      13     62.2    783-783      783  180.41-180.41     180.41
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice                        -                    -
65 - 80% Choice      86     63.1  1,347-1,347   1,347 126.40-126.40     126.40
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                     86     63.1  1,347-1,347   1,347 126.40-126.40     126.40
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
 No Reportable Trade.


Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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