Direct Slaughter Cattle - Formulated Purchases - Morning

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LM_CT107
St. Joseph, MO    Mon, May 07, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 05/04/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   10,706    168,242       8,150      164,733      15,476      151,492
Live:       8,070     46,085       4,932       41,336       6,201       49,816
Total:     18,776    214,327      13,082      206,069      21,677      201,308

NEGOTIATED GRID NET:
Dressed:    2,191     24,063       1,729       22,141       3,069       25,775
Live:         548      7,572         280        7,712       1,138        6,303
Total:      2,739     31,635       2,009       29,853       4,207       32,078


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     810     62.6    727-926      820  188.64-198.69     194.98
65 - 80% Choice   1,414     63.5    706-952      856  187.90-199.00     194.50
35 - 65% Choice   2,499     64.4    768-940      841  171.78-195.75     188.64
 0 - 35% Choice     427     65.0    801-915      838  182.10-191.85     188.72
HEIFER
Over 80% Choice     889     63.7    707-936      825  189.18-199.00     193.51
65 - 80% Choice   1,087     63.5    688-868      749  189.94-199.00     192.55
35 - 65% Choice   1,040     64.4    721-857      755  188.21-193.57     190.47
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     347     62.3    685-853      768  192.00-199.51     195.97
65 - 80% Choice     602     62.6    677-789      750  188.49-193.80     191.63
35 - 65% Choice     101     64.6    683-755      712  184.61-188.00     185.99
 0 - 35% Choice     264     63.9    703-905      768  169.20-181.04     177.23
ALL STEERS & HEIFERS
                  9,480     63.8    677-952      808  169.20-199.51     191.28
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      21     63.7    740-740      740  175.63-175.63     175.63
35 - 65% Choice     150     65.8    770-770      770  190.48-190.48     190.48
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     271     60.4    742-904      821  178.16-187.44     184.41
65 - 80% Choice      19     58.4    697-697      697  180.28-180.28     180.28
35 - 65% Choice     621     62.7    781-930      875  180.75-184.11     182.14
 0 - 35% Choice     144     62.0    837-837      837  184.06-184.06     184.06


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     867     63.7  1,247-1,445   1,339 114.00-136.05     124.33
65 - 80% Choice     785     63.5  1,280-1,350   1,315 118.81-123.50     121.53
35 - 65% Choice   2,904     63.6  1,125-1,350   1,281 119.00-124.25     120.56
 0 - 35% Choice     108     64.2  1,400-1,400   1,400 119.25-119.25     119.25
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice   1,026     63.8  1,155-1,250   1,190 119.00-124.25     120.08
35 - 65% Choice   1,657     63.4  1,118-1,250   1,182 118.00-120.00     119.18
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      80     63.5  1,358-1,358   1,358 123.08-123.08     123.08
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  7,427     63.6  1,118-1,445   1,259 114.00-136.05     120.74
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     643     60.9  1,250-1,350   1,304 111.00-116.13     113.62
 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     169     64.5    803-883      822  196.01-206.33     197.05
65 - 80% Choice     119     63.0    783-838      817  190.08-199.77     193.52
35 - 65% Choice     833     65.2    655-858      817  183.02-189.73     184.46
 0 - 35% Choice     227     64.1    699-856      794  183.72-187.45     185.20
HEIFER
Over 80% Choice      30     63.4    782-782      782  205.35-205.35     205.35
65 - 80% Choice      19     64.9    797-797      797  194.32-194.32     194.32
35 - 65% Choice     142     64.9    619-718      688  185.65-186.74     186.42
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     283     63.1    750-850      800  190.56-196.27     193.09
65 - 80% Choice                        -                    -
35 - 65% Choice     295     63.3    617-906      833  183.81-186.06     184.44
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,117     64.3    617-906      805  183.02-206.33     187.72
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      59     59.7    791-797      794  181.10-183.74     182.62
65 - 80% Choice                        -                    -
35 - 65% Choice      15     59.1    652-652      652  178.68-178.68     178.68
 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     250     63.1  1,325-1,388   1,364 122.80-124.00     123.08
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      26     61.9  1,336-1,336   1,336 116.38-116.38     116.38
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      66     62.1  1,279-1,279   1,279 125.74-125.74     125.74
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    342     62.8  1,279-1,388   1,346 116.38-125.74     123.09
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      40     60.8  1,386-1,386   1,386 112.00-112.00     112.00
65 - 80% Choice     118     59.8  1,374-1,374   1,374 110.63-110.63     110.63
35 - 65% Choice      48     60.0  1,323-1,323   1,323 111.11-111.11     111.11
 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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