Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Wed, Oct 10, 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:   41,071    120,730      24,289      130,928      19,232       79,814
Live:       7,815     22,862         855       16,864       1,872       20,721
Total:     48,886    143,592      25,144      147,792      21,104      100,535

NEGOTIATED GRID NET:
Dressed:    1,694     13,019       1,871       12,715         482       10,653
Live:         194      1,468          37        2,186           0        2,760
Total:      1,888     14,487       1,908       14,901         482       13,413


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,925     63.1    835-1,001    879  189.84-220.74     209.86
65 - 80% Choice   1,316     64.5    852-982      935  187.51-197.38     190.87
35 - 65% Choice  14,896     64.8    767-1,010    905  182.04-200.70     191.50
 0 - 35% Choice   5,322     65.7    749-1,005    850  187.92-192.71     190.28
HEIFER
Over 80% Choice     836     64.5    744-891      802  192.24-201.93     197.34
65 - 80% Choice     668     64.6    749-892      834  190.00-195.67     194.81
35 - 65% Choice   4,102     65.1    733-878      828  188.00-197.34     192.74
 0 - 35% Choice     617     65.7    713-798      765  189.00-194.44     191.70
MIXED STEER/HEIFER
Over 80% Choice     202     63.9    752-835      816  194.04-195.91     194.47
65 - 80% Choice   1,715     64.2    727-907      835  193.00-198.55     196.16
35 - 65% Choice   1,787     63.9    808-991      885  190.19-195.13     194.43
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 33,386     64.8    713-1,010    875  182.04-220.74     193.12
MIXED STEER/HEIFER/COW
Over 80% Choice     427     64.9    789-946      941  189.81-195.00     194.84
65 - 80% Choice   2,204     66.1    785-867      836  183.77-197.66     195.46
35 - 65% Choice   2,271     66.4    795-863      846  189.60-195.13     193.34
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,199     62.5    787-924      852  186.14-204.44     198.81
65 - 80% Choice     306     59.9    764-883      816  182.19-193.93     189.59
35 - 65% Choice   1,044     62.0    613-879      831  180.16-192.53     189.33
 0 - 35% Choice     234     62.3    850-873      864  188.93-191.31     190.06


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     608     62.7  1,300-1,464   1,394 123.72-125.56     124.38
35 - 65% Choice   2,224     63.1  1,200-1,554   1,409 124.00-131.65     127.06
 0 - 35% Choice   1,625     63.5  1,335-1,508   1,435 124.00-129.14     128.44
HEIFER
Over 80% Choice      54     63.5  1,125-1,125   1,125 124.00-124.00     124.00
65 - 80% Choice     846     63.5  1,208-1,292   1,272 124.43-129.26     127.24
35 - 65% Choice   1,168     63.5  1,176-1,380   1,237 124.50-130.28     128.64
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  6,525     63.3  1,125-1,554   1,363 123.72-131.65     127.44
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     229     60.6  1,336-1,393   1,370 115.96-122.95     118.50
35 - 65% Choice   1,034     61.2  1,354-1,418   1,383 115.85-117.30     116.68
 0 - 35% Choice      27     61.4  1,313-1,313   1,313 115.94-115.94     115.94


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      87     63.9    802-982      891  195.16-203.81     199.53
65 - 80% Choice      31     62.1    849-849      849  194.85-194.85     194.85
35 - 65% Choice      32     62.4    886-886      886  188.00-188.00     188.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     240     62.9    770-784      776  198.91-200.99     200.04
65 - 80% Choice     265     63.5    732-771      750  197.55-200.53     198.90
35 - 65% Choice     195     63.0    712-846      768  189.33-193.74     191.89
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      77     63.3    829-911      867  195.02-195.96     195.48
65 - 80% Choice      63     64.0    831-831      831  195.68-195.68     195.68
35 - 65% Choice     371     63.4    924-924      924  178.06-178.06     178.06
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,361     63.3    712-982      829  178.06-203.81     191.76
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      35     60.6  1,085-1,085   1,085 188.23-188.23     188.23
35 - 65% Choice     298     60.6    808-953      882  183.12-187.40     185.55
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


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
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     194     64.3  1,268-1,268   1,268 123.11-123.11     123.11
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    194     64.3  1,268-1,268   1,268 123.11-123.11     123.11
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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