Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Fri, Aug 17, 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:   15,746    166,552      10,704      182,510       7,661      168,518
Live:       2,281     42,247       2,300       39,992         460       38,437
Total:     18,027    208,799      13,004      222,502       8,121      206,955

NEGOTIATED GRID NET:
Dressed:    4,980     26,541       1,906       25,792       2,396       22,715
Live:           0      4,451           0        4,723         892        5,108
Total:      4,980     30,992       1,906       30,515       3,288       27,823


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     957     64.9    692-963      885  186.96-196.36     189.97
65 - 80% Choice   2,054     63.8    669-1,009    883  171.27-192.57     187.90
35 - 65% Choice   4,270     64.8    638-992      866  177.97-190.53     186.81
 0 - 35% Choice     706     65.4    695-787      751  179.58-181.34     180.44
HEIFER
Over 80% Choice     331     64.3    627-816      761  188.35-195.31     190.69
65 - 80% Choice   1,498     64.4    664-782      749  176.80-189.32     187.19
35 - 65% Choice   3,343     65.1    670-873      727  178.03-188.35     184.06
 0 - 35% Choice     135     64.4    630-630      630  177.14-177.14     177.14
MIXED STEER/HEIFER
Over 80% Choice   1,123     62.5    727-922      824  185.12-196.64     189.83
65 - 80% Choice                        -                    -
35 - 65% Choice     255     63.3    669-861      795  183.44-190.01     188.44
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 14,672     64.5    627-1,009    811  171.27-196.64     186.53
MIXED STEER/HEIFER/COW
Over 80% Choice      62     62.0    796-796      796  193.93-193.93     193.93
65 - 80% Choice      93     67.2    847-847      847  177.87-177.87     177.87
35 - 65% Choice     355     64.7    721-801      742  179.64-186.88     182.29
 0 - 35% Choice     139     64.7    653-653      653  177.98-177.98     177.98
DAIRYBRED STEER/HEIFER
Over 80% Choice      32     58.7    871-871      871  177.35-177.35     177.35
65 - 80% Choice      83     61.5    815-848      842  183.88-187.56     186.89
35 - 65% Choice     310     62.7    875-889      879  180.25-181.90     180.72
 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     301     63.5  1,475-1,475   1,475 117.50-117.50     117.50
65 - 80% Choice     121     62.5  1,375-1,375   1,375 121.57-121.57     121.57
35 - 65% Choice     626     63.7  1,300-1,365   1,344 117.50-119.50     119.16
 0 - 35% Choice     625     65.4  1,300-1,377   1,346 119.50-124.10     122.30
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     184     65.3  1,225-1,250   1,241 125.66-125.71     125.69
35 - 65% Choice     245     64.9  1,200-1,200   1,200 119.50-125.78     121.37
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,102     64.4  1,200-1,475   1,339 117.50-125.78     120.82
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      33     61.0  1,300-1,300   1,300 115.19-115.19     115.19
35 - 65% Choice     146     61.0  1,300-1,300   1,300 114.11-114.11     114.11
 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     153     63.0    823-956      873  179.06-193.35     188.98
65 - 80% Choice     158     64.3    672-908      815  173.87-191.22     184.15
35 - 65% Choice     545     64.5    777-832      806  183.10-184.93     183.40
 0 - 35% Choice      82     64.8    946-946      946  187.01-187.01     187.01
HEIFER
Over 80% Choice     183     63.6    689-735      709  183.31-191.07     186.83
65 - 80% Choice                        -                    -
35 - 65% Choice     654     64.1    669-822      756  183.27-189.03     186.26
 0 - 35% Choice     106     63.1    756-756      756  187.64-187.64     187.64
MIXED STEER/HEIFER
Over 80% Choice     623     62.9    688-850      780  181.59-193.78     187.60
65 - 80% Choice     117     62.7    725-791      771  182.29-187.16     184.42
35 - 65% Choice     131     62.5    807-936      854  182.60-182.77     182.71
 0 - 35% Choice      47     62.6    776-869      803  161.18-182.01     175.81
ALL STEERS & HEIFERS
                  2,799     63.7    669-956      789  161.18-193.78     185.73
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     341     64.0    674-820      779  173.48-188.00     185.13
35 - 65% Choice     617     61.6    584-911      821  166.00-188.00     179.47
 0 - 35% Choice     807     59.2    748-983      840  161.83-180.46     172.33
DAIRYBRED STEER/HEIFER
Over 80% Choice     103     60.2    837-905      864  183.00-183.00     183.00
65 - 80% Choice     150     59.7    652-882      831  173.50-182.04     178.81
35 - 65% Choice      41     59.1    776-776      776  186.00-186.00     186.00
 0 - 35% Choice     122     60.5    813-813      813  175.00-175.00     175.00


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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