Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Mon, May 07, 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:   31,199     31,199      26,557       26,557      32,499       32,499
Live:       1,537      1,537       2,745        2,745       3,267        3,267
Total:     32,736     32,736      29,302       29,302      35,766       35,766

NEGOTIATED GRID NET:
Dressed:    2,355      2,355       1,628        1,628       2,437        2,437
Live:         216        216           0            0         281          281
Total:      2,571      2,571       1,628        1,628       2,718        2,718


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,223     64.1    719-971      843  179.18-213.89     193.00
65 - 80% Choice   4,739     64.6    710-956      846  176.42-199.52     190.04
35 - 65% Choice   9,521     65.3    637-965      848  165.71-197.59     188.53
 0 - 35% Choice     833     64.9    672-935      807  180.92-189.15     186.01
HEIFER
Over 80% Choice   1,867     65.2    649-863      793  180.54-221.19     191.97
65 - 80% Choice   2,974     65.1    737-834      777  174.03-194.09     190.78
35 - 65% Choice   3,528     65.2    701-867      775  180.56-193.34     187.89
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     687     63.7    726-932      876  189.05-199.81     193.25
65 - 80% Choice     467     63.1    697-825      794  191.96-195.68     194.46
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 28,839     64.9    637-971      826  165.71-221.19     189.94
MIXED STEER/HEIFER/COW
Over 80% Choice     100     65.5    711-829      800  190.00-194.50     193.29
65 - 80% Choice     645     67.0    853-902      876  188.38-194.08     191.61
35 - 65% Choice      93     62.2    628-628      628  174.85-174.85     174.85
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     327     59.8    761-872      827  179.27-198.86     187.89
65 - 80% Choice     677     61.4    597-920      825  169.77-192.81     186.65
35 - 65% Choice     518     61.0    810-873      834  182.54-193.62     188.74
 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      93     63.9  1,300-1,325   1,318 119.50-121.64     120.12
65 - 80% Choice      77     63.7  1,260-1,300   1,285 119.50-121.16     120.13
35 - 65% Choice     516     63.7  1,225-1,300   1,254 119.00-121.83     121.28
 0 - 35% Choice     331     63.1  1,200-1,368   1,248 120.00-120.46     120.05
HEIFER
Over 80% Choice     106     64.0  1,325-1,325   1,325 120.00-120.00     120.00
65 - 80% Choice     180     63.8  1,080-1,125   1,100 119.00-119.00     119.00
35 - 65% Choice     234     63.2  1,069-1,069   1,069 120.00-120.00     120.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  1,537     63.5  1,069-1,368   1,217 119.00-121.83     120.34
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     646     64.0    806-967      908  192.32-199.49     196.29
65 - 80% Choice      77     62.1    786-786      786  199.49-199.49     199.49
35 - 65% Choice     423     64.8    854-930      905  190.47-200.69     197.33
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     195     62.9    676-849      765  180.61-191.48     186.82
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      40     63.7    785-787      787  185.79-196.91     189.96
65 - 80% Choice      70     62.4    747-869      820  189.05-192.34     190.37
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,451     63.9    676-967      874  180.61-200.69     195.03
MIXED STEER/HEIFER/COW
Over 80% Choice      43     62.1    811-811      811  191.00-191.00     191.00
65 - 80% Choice                        -                    -
35 - 65% Choice     182     60.2    721-848      836  186.22-188.27     188.08
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     345     60.4    738-882      823  179.25-190.56     185.98
65 - 80% Choice     234     58.4    678-809      765  173.34-187.00     179.39
35 - 65% Choice     100     59.3    656-850      772  178.20-181.48     180.67
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
  No Reportable Trade.
HEIFER
Over 80% Choice      79     62.8  1,245-1,245   1,245 123.44-123.44     123.44
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      90     63.0  1,275-1,275   1,275 118.93-118.93     118.93
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    169     62.9  1,245-1,275   1,261 118.93-123.44     121.04
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      47     63.5  1,221-1,221   1,221 120.20-120.20     120.20
 0 - 35% Choice                        -                    -
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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