Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, May 16, 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:   38,623    127,447      18,914      116,630      20,367      112,174
Live:       1,975     19,050         870       22,339       3,797       25,762
Total:     40,598    146,497      19,784      138,969      24,164      137,936

NEGOTIATED GRID NET:
Dressed:    1,171     12,876       1,617       11,665       3,098       16,195
Live:           0      2,396         314        3,455          90        2,879
Total:      1,171     15,272       1,931       15,120       3,188       19,074


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,909     63.3    706-943      857  184.88-212.48     198.49
65 - 80% Choice   5,949     64.5    645-967      877  186.92-209.03     193.90
35 - 65% Choice  13,932     64.9    678-975      876  185.61-204.09     191.80
 0 - 35% Choice     591     64.3    799-877      865  189.61-205.81     192.17
HEIFER
Over 80% Choice     968     63.3    675-938      788  189.64-212.40     198.22
65 - 80% Choice     814     63.9    680-838      783  190.11-208.73     196.51
35 - 65% Choice   2,045     64.6    632-812      745  189.71-209.11     195.74
 0 - 35% Choice     410     64.3    743-800      764  191.08-205.59     196.49
MIXED STEER/HEIFER
Over 80% Choice     245     63.5    707-899      833  193.00-201.71     195.21
65 - 80% Choice   1,291     63.0    739-952      816  184.25-204.70     194.36
35 - 65% Choice     337     62.8    670-864      767  184.40-195.72     191.54
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 28,491     64.5    632-975      854  184.25-212.48     193.54
MIXED STEER/HEIFER/COW
Over 80% Choice     585     64.4    717-868      834  187.51-198.10     192.49
65 - 80% Choice   1,330     64.8    715-888      821  188.45-192.00     190.94
35 - 65% Choice     943     65.7    790-826      807  187.72-192.31     190.36
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   3,327     61.6    759-907      853  185.53-192.15     188.88
65 - 80% Choice   2,580     61.4    693-899      829  181.66-191.06     187.33
35 - 65% Choice     987     61.4    728-890      819  177.51-189.78     187.34
 0 - 35% Choice     380     61.2    838-857      848  184.51-186.05     185.28


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     665     63.5  1,175-1,400   1,321 120.50-123.09     121.28
35 - 65% Choice     425     63.6  1,160-1,250   1,234 120.50-122.46     122.10
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     761     64.0  1,125-1,230   1,217 120.50-122.60     120.72
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     124     63.1  1,400-1,400   1,400 121.37-121.37     121.37
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,975     63.7  1,125-1,400   1,267 120.50-123.09     121.24
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     199     62.7    765-941      830  184.64-194.70     192.30
65 - 80% Choice      81     62.3    789-813      800  189.63-194.49     191.91
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      51     63.5    719-825      794  200.82-201.81     201.52
65 - 80% Choice     166     64.0    744-917      802  189.69-192.63     191.64
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     211     63.1    646-774      730  190.80-199.50     195.98
65 - 80% Choice     179     62.7    713-784      752  191.64-193.96     192.41
35 - 65% Choice      11     63.4    857-857      857  169.27-169.27     169.27
 0 - 35% Choice      11     63.3    909-909      909  181.94-181.94     181.94
ALL STEERS & HEIFERS
                    909     63.1    646-941      783  169.27-201.81     193.13
MIXED STEER/HEIFER/COW
Over 80% Choice      28     62.7    699-806      756  188.73-197.17     193.25
65 - 80% Choice      44     63.7    754-754      754  191.11-191.11     191.11
35 - 65% Choice      12     65.4    830-830      830  187.10-187.10     187.10
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      36     60.7    776-911      851  183.68-187.00     185.52
65 - 80% Choice      31     60.3    876-876      876  186.28-186.28     186.28
35 - 65% Choice     111     59.8    768-768      768  184.53-184.53     184.53
 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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