Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Mon, Dec 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:   31,472     31,472      31,087       31,087      31,919       31,919
Live:         972        972       1,767        1,767       1,526        1,526
Total:     32,444     32,444      32,854       32,854      33,445       33,445

NEGOTIATED GRID NET:
Dressed:    5,263      5,263       3,073        3,073       1,135        1,135
Live:           0          0         806          806           0            0
Total:      5,263      5,263       3,879        3,879       1,135        1,135


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,941     63.4    717-1,077    902  190.71-221.08     205.07
65 - 80% Choice   2,902     64.7    754-1,007    896  194.35-219.60     201.67
35 - 65% Choice   8,557     65.5    698-1,000    885  186.69-216.95     196.61
 0 - 35% Choice   2,515     64.9    704-939      845  181.07-198.33     192.46
HEIFER
Over 80% Choice   1,781     64.6    731-948      849  198.00-222.87     204.78
65 - 80% Choice   4,298     65.0    697-933      816  196.79-226.29     201.74
35 - 65% Choice   4,555     65.7    670-910      810  187.28-204.04     196.22
 0 - 35% Choice     521     64.9    778-869      810  181.80-194.22     189.76
MIXED STEER/HEIFER
Over 80% Choice     400     62.7    717-922      808  201.15-209.61     205.01
65 - 80% Choice     414     63.1    776-857      830  200.29-205.80     203.61
35 - 65% Choice     176     63.7    746-860      814  198.84-200.67     199.75
 0 - 35% Choice      18     58.0    675-675      675  176.78-176.78     176.78
ALL STEERS & HEIFERS
                 30,078     64.9    670-1,077    858  176.78-226.29     199.11
MIXED STEER/HEIFER/COW
Over 80% Choice      16     58.0    696-696      696  182.59-182.59     182.59
65 - 80% Choice     172     61.4    825-825      825  199.02-199.02     199.02
35 - 65% Choice     470     66.1    770-794      789  196.76-198.97     198.55
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     330     61.4    822-891      851  193.72-204.11     200.71
65 - 80% Choice     191     61.6    770-886      822  195.01-199.21     197.14
35 - 65% Choice     215     61.5    787-851      805  188.60-197.11     193.68
 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                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     264     63.7  1,225-1,382   1,334 123.40-128.50     126.76
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     301     63.3  1,130-1,250   1,160 125.00-125.00     125.00
35 - 65% Choice     333     63.0  1,100-1,225   1,167 123.40-123.90     123.69
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      40     64.0  1,367-1,367   1,367 125.00-125.00     125.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    938     63.3  1,100-1,382   1,220 123.40-128.50     125.03
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      34     61.4  1,238-1,238   1,238 122.14-122.14     122.14
35 - 65% Choice                        -                    -
 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      40     65.2    815-815      815  201.11-201.11     201.11
65 - 80% Choice     135     64.7    792-792      792  202.72-202.72     202.72
35 - 65% Choice     845     65.6    766-924      858  192.25-199.93     196.03
 0 - 35% Choice     155     64.6    774-854      821  192.87-193.24     193.02
HEIFER
Over 80% Choice      29     61.3    815-834      824  188.49-206.06     196.37
65 - 80% Choice     116     65.7    858-926      883  202.61-204.42     203.28
35 - 65% Choice   1,069     64.0    651-789      736  194.13-201.45     197.92
 0 - 35% Choice     389     63.4    672-714      701  190.22-192.88     191.50
MIXED STEER/HEIFER
Over 80% Choice     185     62.7    737-848      791  200.63-208.90     204.82
65 - 80% Choice     215     62.1    715-879      791  190.54-198.50     193.96
35 - 65% Choice      63     60.4    697-759      741  185.25-187.71     186.27
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,241     64.2    651-926      784  185.25-208.90     196.74
MIXED STEER/HEIFER/COW
Over 80% Choice     249     63.7  1,048-1,048   1,048 201.36-201.36     201.36
65 - 80% Choice      84     62.5    762-907      888  195.72-197.28     197.08
35 - 65% Choice     546     59.1    708-895      806  180.58-199.06     191.39
 0 - 35% Choice     707     59.2    768-944      867  167.48-184.30     179.01
DAIRYBRED STEER/HEIFER
Over 80% Choice     303     58.8    723-1,028    801  179.21-199.06     186.82
65 - 80% Choice     133     59.4    734-904      812  183.04-192.00     187.92
35 - 65% Choice                        -                    -
 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

1500C






.

1. Future of food discussion with Agriculture Secretary
2. Ag markets diverged prove rather volatile on Thursday
3. Dairy slaughter numbers drop a tad
4. Reduce your risk when commingling calves
5. Corn futures relapse in wake of Wednesday's rally
6. Wet U.S. Midwest sections may lead to fewer corn acres

1. Commentary: Milk faces branding dilemma
2. 4 rules for growing a business or industry
3. Chocolate milk a top post-workout food
4. Seven jobs more dangerous than farming
5. What do dairy exports mean for Minnesota?
6. Salma Hayek: Milk part of 'perfect' breakfast

1. Seven jobs more dangerous than farming
2. 2014 Farm Bill: Are we near an agreement?
3. Farm bill and immigration reform action needed
4. Class III futures close out quietly last week
5. 4 rules for growing a business or industry
6. White House urges Senate to cut crop insurance in farm bill