Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Tue, May 08, 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:   16,898     82,102      16,368       56,482      19,030       68,061
Live:       2,802     13,795       2,668       10,943       3,313       14,475
Total:     19,700     95,897      19,036       67,425      22,343       82,536

NEGOTIATED GRID NET:
Dressed:    2,371      7,919       2,350        6,728       1,733        9,225
Live:           0      1,512         638        3,500       1,266        2,134
Total:      2,371      9,431       2,988       10,228       2,999       11,359


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,310     63.6    705-951      841  184.55-223.51     204.97
65 - 80% Choice   3,474     64.7    653-927      863  183.85-210.49     193.84
35 - 65% Choice   3,003     65.1    715-934      875  184.61-199.42     191.51
 0 - 35% Choice     366     64.8    818-869      845  184.77-187.26     185.65
HEIFER
Over 80% Choice   1,073     63.8    721-875      776  185.62-217.55     196.93
65 - 80% Choice     965     64.2    716-781      748  183.09-194.17     190.49
35 - 65% Choice   1,669     64.3    696-835      768  186.33-204.77     193.43
 0 - 35% Choice     499     66.1    721-798      765  190.05-193.07     192.14
MIXED STEER/HEIFER
Over 80% Choice     507     63.4    705-834      800  188.14-218.72     196.46
65 - 80% Choice     519     62.4    651-881      760  187.28-194.37     188.87
35 - 65% Choice   1,084     64.0    716-884      831  175.21-198.42     190.07
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 14,469     64.4    651-951      826  175.21-223.51     193.69
MIXED STEER/HEIFER/COW
Over 80% Choice     522     63.6    717-909      820  192.88-226.44     202.20
65 - 80% Choice     492     63.8    703-937      811  186.40-195.45     193.36
35 - 65% Choice     451     63.7    676-768      732  184.85-195.36     191.71
 0 - 35% Choice      82     61.2    717-717      717  181.65-181.65     181.65
DAIRYBRED STEER/HEIFER
Over 80% Choice     363     61.5    797-856      841  180.30-198.65     192.92
65 - 80% Choice     519     61.6    746-863      837  179.61-186.66     185.00
35 - 65% Choice                        -                    -
 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   1,141     62.9  1,175-1,360   1,291 134.35-147.97     145.19
65 - 80% Choice      80     63.5  1,300-1,300   1,300 136.52-136.52     136.52
35 - 65% Choice     862     63.6  1,125-1,300   1,211 117.09-121.18     119.08
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     382     63.3  1,150-1,274   1,227 121.00-142.25     133.21
65 - 80% Choice                        -                    -
35 - 65% Choice      96     63.3  1,150-1,150   1,150 121.00-121.00     121.00
 0 - 35% Choice     167     64.3  1,200-1,200   1,200 120.50-120.50     120.50
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,728     63.3  1,125-1,360   1,247 117.09-147.97     132.64
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      74     61.0  1,300-1,300   1,300 114.65-114.65     114.65
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     218     63.0    742-865      806  184.65-194.85     190.73
65 - 80% Choice     335     64.0    833-881      863  186.46-196.35     193.49
35 - 65% Choice     202     63.2    722-918      773  176.64-188.70     185.30
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     284     63.0    665-795      715  189.26-207.52     195.32
65 - 80% Choice      57     62.4    743-752      745  192.00-193.02     192.27
35 - 65% Choice      39     60.9    782-782      782  185.63-185.63     185.63
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     255     62.3    678-805      748  185.74-193.38     191.86
65 - 80% Choice     352     62.8    726-872      775  186.53-193.29     190.07
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,742     63.0    665-918      781  176.64-207.52     191.34
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     207     62.9    700-789      721  180.89-190.74     184.22
35 - 65% Choice     178     62.9    816-816      816  191.46-191.46     191.46
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     202     60.9    743-806      785  182.64-197.61     186.53
65 - 80% Choice      42     62.0    760-760      760  184.00-184.00     184.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
  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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