Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Thu, Oct 11, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 10/10/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   20,860    141,590      13,665      144,593      43,233      123,047
Live:       4,824     27,686       3,092       19,956       6,009       26,730
Total:     25,684    169,276      16,757      164,549      49,242      149,777

NEGOTIATED GRID NET:
Dressed:    1,596     14,615       1,959       14,674       1,831       12,484
Live:         278      1,746       1,196        3,382         424        3,184
Total:      1,874     16,361       3,155       18,056       2,255       15,668


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,237     64.0    768-1,030    937  188.34-210.54     195.42
65 - 80% Choice   1,297     65.3    773-1,008    917  187.83-195.14     191.68
35 - 65% Choice   6,571     64.4    727-1,003    878  187.19-198.76     194.05
 0 - 35% Choice   1,882     64.7    761-933      877  188.20-196.07     193.54
HEIFER
Over 80% Choice   1,481     63.4    728-870      821  190.29-207.07     195.03
65 - 80% Choice     910     65.0    672-847      794  190.19-200.69     194.10
35 - 65% Choice   2,290     64.2    712-861      779  180.09-198.90     194.33
 0 - 35% Choice     266     65.7    726-886      826  189.24-190.19     189.83
MIXED STEER/HEIFER
Over 80% Choice     157     63.7    769-913      801  196.80-201.56     199.78
65 - 80% Choice     606     63.6    762-816      787  185.17-193.77     189.07
35 - 65% Choice     841     64.4    826-948      874  190.19-191.24     190.55
 0 - 35% Choice     225     66.4    947-947      947  191.24-191.24     191.24
ALL STEERS & HEIFERS
                 17,763     64.4    672-1,030    859  180.09-210.54     193.66
MIXED STEER/HEIFER/COW
Over 80% Choice     182     63.1    875-875      875  187.58-187.58     187.58
65 - 80% Choice     555     65.3    760-873      845  190.72-201.50     194.41
35 - 65% Choice   1,408     64.4    694-917      768  188.00-196.34     190.67
 0 - 35% Choice     227     64.9    722-722      722  187.10-187.10     187.10
DAIRYBRED STEER/HEIFER
Over 80% Choice      41     61.8    776-776      776  185.50-185.50     185.50
65 - 80% Choice     307     62.8    871-885      876  191.86-192.29     192.01
35 - 65% Choice     253     63.8    816-825      820  189.13-190.59     189.99
 0 - 35% Choice     124     62.4    867-867      867  191.26-191.26     191.26


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     321     63.9  1,275-1,530   1,454 120.30-126.39     124.36
65 - 80% Choice     194     62.7  1,275-1,335   1,325 127.04-127.12     127.05
35 - 65% Choice   1,662     63.8  1,200-1,370   1,269 120.77-126.93     122.53
 0 - 35% Choice   1,049     64.3  1,182-1,350   1,300 121.00-124.00     122.63
HEIFER
Over 80% Choice     455     63.6  1,225-1,350   1,303 124.00-139.96     128.47
65 - 80% Choice     208     64.3  1,180-1,180   1,180 124.50-124.50     124.50
35 - 65% Choice     110     63.2  1,200-1,200   1,200 120.77-120.77     120.77
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      80     62.0  1,289-1,289   1,289 125.00-125.00     125.00
65 - 80% Choice      43     63.1  1,500-1,500   1,500 120.30-120.30     120.30
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,122     63.8  1,180-1,530   1,294 120.30-139.96     123.64
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     62.0  1,300-1,300   1,300 118.00-118.00     118.00
65 - 80% Choice                        -                    -
35 - 65% Choice     669     61.3  1,325-1,450   1,351 116.00-119.15     118.04
 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     248     63.9    932-932      932  193.14-193.14     193.14
65 - 80% Choice                        -                    -
35 - 65% Choice     339     65.7    981-994      990  188.00-188.00     188.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     304     62.3    733-836      762  190.40-194.61     193.43
35 - 65% Choice     126     64.0    780-780      780  190.60-190.60     190.60
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      49     62.0    855-855      855  193.44-193.44     193.44
65 - 80% Choice                        -                    -
35 - 65% Choice     114     63.6    763-763      763  192.44-192.44     192.44
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,180     63.9    733-994      869  188.00-194.61     191.41
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      15     63.0    824-824      824  189.10-189.10     189.10
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     268     59.8    793-906      843  183.14-187.19     185.69
65 - 80% Choice     108     60.2    767-829      805  177.77-179.43     178.64
35 - 65% Choice      25     59.9    823-823      823  180.80-180.80     180.80
 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     143     63.4  1,397-1,459   1,443 121.60-125.74     122.64
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    143     63.4  1,397-1,459   1,443 121.60-125.74     122.64
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     135     61.5  1,350-1,350   1,350 119.16-119.16     119.16
 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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