Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Fri, May 11, 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:   18,161    181,628      10,610      157,536       9,615      158,371
Live:       2,254     36,701       1,339       38,015       2,581       42,075
Total:     20,415    218,329      11,949      195,551      12,196      200,446

NEGOTIATED GRID NET:
Dressed:    3,754     24,587       2,362       21,872       2,173       24,654
Live:         733      7,079           0        7,024         118        7,193
Total:      4,487     31,666       2,362       28,896       2,291       31,847


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,152     63.8    805-943      888  190.16-198.54     193.58
65 - 80% Choice   2,431     66.0    669-932      880  185.28-196.66     193.25
35 - 65% Choice   5,842     64.9    673-952      861  180.74-208.03     190.99
 0 - 35% Choice   1,723     64.7    692-905      825  182.59-194.96     188.65
HEIFER
Over 80% Choice     250     63.6    692-835      779  192.00-198.20     194.39
65 - 80% Choice   1,904     65.0    670-917      744  184.52-197.14     190.49
35 - 65% Choice   1,591     65.0    653-891      752  186.55-197.63     191.30
 0 - 35% Choice     104     62.4    710-710      710  189.11-189.11     189.11
MIXED STEER/HEIFER
Over 80% Choice     586     62.8    709-821      783  189.02-198.76     195.39
65 - 80% Choice     818     63.4    696-876      802  184.25-195.87     190.56
35 - 65% Choice     387     64.0    697-913      836  189.85-195.16     192.32
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 16,788     64.8    653-952      830  180.74-208.03     191.43
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     344     63.3    722-740      734  193.74-194.47     194.24
35 - 65% Choice     648     65.8    748-818      775  186.67-195.50     190.25
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      35     59.6    813-815      814  186.83-191.25     189.23
65 - 80% Choice                        -                    -
35 - 65% Choice     346     60.9    846-909      880  186.11-189.53     186.73
 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     119     62.5  1,400-1,400   1,400 123.57-123.57     123.57
65 - 80% Choice   1,016     63.0  1,400-1,400   1,400 121.57-121.57     121.57
35 - 65% Choice     226     63.8  1,225-1,275   1,257 120.50-121.00     120.68
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      35     63.5  1,485-1,485   1,485 120.57-120.57     120.57
65 - 80% Choice                        -                    -
35 - 65% Choice     678     64.2  1,160-1,200   1,179 120.50-120.50     120.50
 0 - 35% Choice      18     63.5  1,300-1,300   1,300 120.50-120.50     120.50
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,092     63.5  1,160-1,485   1,314 120.50-123.57     121.22
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      51     59.0  1,250-1,250   1,250 120.00-120.00     120.00
65 - 80% Choice                        -                    -
35 - 65% Choice     111     61.0  1,300-1,300   1,300 121.58-121.58     121.58
 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     411     63.9    739-900      842  186.00-196.41     192.56
65 - 80% Choice     278     64.0    762-833      807  191.44-199.88     193.51
35 - 65% Choice     493     64.1    627-873      778  181.67-192.47     188.08
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      83     62.8    779-779      779  196.54-196.54     196.54
65 - 80% Choice      61     62.2    683-683      683  195.20-195.20     195.20
35 - 65% Choice                        -                    -
 0 - 35% Choice     119     62.0    883-940      912  170.52-172.18     171.30
MIXED STEER/HEIFER
Over 80% Choice     255     62.8    713-837      782  193.95-200.43     196.43
65 - 80% Choice      12     62.0    775-775      775  195.18-195.18     195.18
35 - 65% Choice     700     63.4    709-902      754  175.41-199.29     188.85
 0 - 35% Choice     180     62.7    709-776      731  170.63-189.00     185.33
ALL STEERS & HEIFERS
                  2,592     63.4    627-940      786  170.52-200.43     189.91
MIXED STEER/HEIFER/COW
Over 80% Choice     138     62.8    738-966      855  191.78-202.61     194.05
65 - 80% Choice     186     62.1    715-889      800  185.99-199.55     193.56
35 - 65% Choice     475     60.5    745-962      856  171.65-196.83     182.78
 0 - 35% Choice     282     59.2    760-974      874  181.98-184.15     182.64
DAIRYBRED STEER/HEIFER
Over 80% Choice      30     59.7    778-778      778  184.04-184.04     184.04
65 - 80% Choice      38     56.8    647-647      647  179.29-179.29     179.29
35 - 65% Choice      13     61.7    712-712      712  169.68-169.68     169.68
 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     161     63.1  1,254-1,259   1,255 120.95-120.96     120.96
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      92     62.4  1,125-1,125   1,125 120.00-120.00     120.00
 0 - 35% Choice     480     62.8  1,146-1,496   1,233 108.19-118.50     116.55
ALL STEERS & HEIFERS
                    733     62.8  1,125-1,496   1,224 108.19-120.96     117.95
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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