Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Thu, May 03, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 05/02/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   20,365    129,124      20,622      116,880      21,457      110,083
Live:       4,706     26,647       4,286       25,979       7,291       35,009
Total:     25,071    155,771      24,908      142,859      28,748      145,092

NEGOTIATED GRID NET:
Dressed:    1,575     12,154       3,181       13,679       3,256       15,607
Live:         251      4,420       1,144        5,466         322        2,958
Total:      1,826     16,574       4,325       19,145       3,578       18,565


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,560     64.1    698-995      875  186.13-211.56     199.46
65 - 80% Choice   2,997     64.7    711-944      874  179.85-203.57     197.61
35 - 65% Choice   3,316     65.1    694-958      864  177.62-201.27     193.24
 0 - 35% Choice     533     64.8    737-860      820  189.35-193.33     191.75
HEIFER
Over 80% Choice   1,055     64.1    682-856      773  190.89-210.55     201.15
65 - 80% Choice   1,510     63.6    675-835      746  187.64-202.58     194.50
35 - 65% Choice   2,397     64.2    690-860      757  187.66-201.34     191.82
 0 - 35% Choice      69     64.8    776-776      776  187.96-187.96     187.96
MIXED STEER/HEIFER
Over 80% Choice     317     62.6    707-875      778  190.61-199.55     195.69
65 - 80% Choice     205     62.2    701-904      754  178.70-201.97     192.98
35 - 65% Choice                        -                    -
 0 - 35% Choice      44     66.7    730-730      730  189.09-189.09     189.09
ALL STEERS & HEIFERS
                 14,003     64.4    675-995      823  177.62-211.56     195.31
MIXED STEER/HEIFER/COW
Over 80% Choice     491     64.0    766-796      782  200.88-202.92     201.92
65 - 80% Choice   1,372     65.1    620-881      775  181.84-201.80     195.48
35 - 65% Choice     226     64.5    695-764      735  186.93-191.71     190.24
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     287     61.2    784-890      820  183.26-195.77     193.22
65 - 80% Choice   1,512     61.4    769-922      859  176.96-194.29     190.42
35 - 65% Choice   1,993     61.8    741-911      857  179.00-196.11     188.93
 0 - 35% Choice     481     61.9    818-884      847  183.66-187.67     185.83


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     560     63.5  1,204-1,447   1,264 112.00-137.59     135.78
65 - 80% Choice     592     63.3  1,080-1,300   1,254 118.65-137.19     121.86
35 - 65% Choice   1,124     64.1  1,300-1,425   1,333 119.00-124.25     122.45
 0 - 35% Choice      81     63.0  1,300-1,300   1,300 117.65-117.65     117.65
HEIFER
Over 80% Choice     403     62.2  1,150-1,316   1,218 121.88-135.00     127.04
65 - 80% Choice     627     63.8  1,125-1,225   1,173 120.00-132.28     122.60
35 - 65% Choice     326     63.6  1,118-1,300   1,172 117.50-122.50     121.03
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     204     63.0  1,169-1,242   1,214 121.00-121.00     121.00
35 - 65% Choice      80     62.0  1,231-1,231   1,231 120.00-120.00     120.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,997     63.5  1,080-1,447   1,253 112.00-137.59     124.38
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     61.0  1,300-1,300   1,300 114.43-114.43     114.43
65 - 80% Choice     326     61.0  1,350-1,375   1,364 113.89-113.91     113.90
35 - 65% Choice     350     61.0  1,330-1,350   1,344 113.00-113.94     113.26
 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     165     63.8    779-879      806  194.44-200.36     197.33
65 - 80% Choice     587     63.7    864-897      870  199.04-199.75     199.48
35 - 65% Choice      72     64.7    781-781      781  191.74-191.74     191.74
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     209     63.3    768-867      786  189.42-199.91     198.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      38     60.8    734-734      734  195.00-195.00     195.00
65 - 80% Choice                        -                    -
35 - 65% Choice      41     62.3    708-708      708  189.05-189.05     189.05
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,112     63.5    708-897      828  189.05-200.36     197.84
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     372     60.2    720-952      814  180.25-189.51     184.03
65 - 80% Choice      36     59.6    852-852      852  182.21-182.21     182.21
35 - 65% Choice      55     57.3    778-800      784  173.00-181.85     176.47
 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     151     64.2  1,440-1,440   1,440 125.74-125.74     125.74
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      72     63.4  1,242-1,259   1,250 117.73-117.73     117.73
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL STEERS & HEIFERS
                    223     63.9  1,242-1,440   1,379 117.73-125.74     123.15
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      28     60.0  1,220-1,220   1,220 113.17-113.17     113.17
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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