Direct Slaughter Cattle - Formulated Purchases - Afternoon

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LM_CT108
St. Joseph, MO    Fri, Oct 12, 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:    7,583    172,775      12,891      181,532      11,032      155,908
Live:       1,903     36,530       2,557       29,325       2,100       34,293
Total:      9,486    209,305      15,448      210,857      13,132      190,201

NEGOTIATED GRID NET:
Dressed:    2,621     21,684       1,710       19,816       1,843       19,776
Live:         675      3,548         972        4,561           0        4,571
Total:      3,296     25,232       2,682       24,377       1,843       24,347


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     855     64.0    870-1,056    946  191.29-197.57     195.24
65 - 80% Choice     573     64.2    864-1,024    910  186.60-193.40     190.20
35 - 65% Choice   1,624     64.2    714-1,042    861  185.42-197.37     190.53
 0 - 35% Choice   1,312     63.8    682-972      818  179.66-196.05     189.55
HEIFER
Over 80% Choice     181     62.8    634-873      787  190.38-202.90     198.18
65 - 80% Choice                        -                    -
35 - 65% Choice     279     65.3    827-909      897  195.32-196.05     195.95
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     381     61.1    687-827      725  193.60-194.43     194.00
65 - 80% Choice     219     62.8    723-940      808  190.76-203.19     198.03
35 - 65% Choice     261     62.3    831-893      870  191.93-200.21     195.64
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,685     63.7    634-1,056    858  179.66-203.19     192.25
MIXED STEER/HEIFER/COW
Over 80% Choice     133     64.7    795-901      822  189.91-193.64     192.69
65 - 80% Choice      11     55.4    656-656      656  175.16-175.16     175.16
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     361     62.2    801-923      868  197.06-198.59     197.98
65 - 80% Choice     471     61.3    746-912      847  184.88-196.34     192.29
35 - 65% Choice     922     60.8    713-886      795  183.83-195.04     190.52
 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     240     62.5  1,375-1,375   1,375 125.72-125.72     125.72
65 - 80% Choice                        -                    -
35 - 65% Choice     763     63.4  1,325-1,400   1,369 124.00-125.00     124.44
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     117     64.5  1,250-1,250   1,250 124.50-124.50     124.50
35 - 65% Choice     271     63.6  1,175-1,180   1,177 124.00-124.50     124.22
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      53     64.0  1,300-1,300   1,300 125.00-125.00     125.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,444     63.4  1,175-1,400   1,322 124.00-125.72     124.64
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     459     63.1  1,173-1,173   1,173 125.00-125.00     125.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
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      58     64.2    748-820      796  193.22-193.52     193.32
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     164     64.3    762-762      762  190.53-190.53     190.53
HEIFER
Over 80% Choice      28     63.5    738-738      738  192.20-192.20     192.20
65 - 80% Choice                        -                    -
35 - 65% Choice     293     63.4    715-715      715  190.31-190.31     190.31
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     142     62.9    732-861      814  192.17-205.03     202.88
65 - 80% Choice      44     62.0    714-782      754  188.98-191.47     190.45
35 - 65% Choice      71     64.5    850-852      851  182.11-191.76     187.27
 0 - 35% Choice     134     62.9    755-817      812  177.51-180.04     179.83
ALL STEERS & HEIFERS
                    934     63.5    714-861      770  177.51-205.03     190.78
MIXED STEER/HEIFER/COW
Over 80% Choice      39     63.0    845-845      845  185.14-185.14     185.14
65 - 80% Choice                        -                    -
35 - 65% Choice     341     61.2    738-902      822  177.53-184.38     182.04
 0 - 35% Choice     721     59.9    760-1,004    880  173.70-181.66     177.51
DAIRYBRED STEER/HEIFER
Over 80% Choice     285     60.6    820-932      870  182.00-189.63     184.55
65 - 80% Choice     232     59.9    715-885      806  175.18-187.00     180.57
35 - 65% Choice      69     60.0    591-820      744  171.33-184.16     180.07
 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                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice     225     64.2  1,264-1,268   1,267 125.00-125.50     125.39
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     320     63.2  1,070-1,153   1,104 120.49-121.12     120.94
 0 - 35% Choice      91     63.0  1,158-1,189   1,173 120.32-122.00     121.17
ALL STEERS & HEIFERS
                    636     63.5  1,070-1,268   1,172 120.32-125.50     122.55
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      39     59.9  1,346-1,346   1,346 114.29-114.29     114.29
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


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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