Direct Slaughter Cattle - Formulated Purchases - Morning

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LM_CT107
St. Joseph, MO    Thu, Nov 15, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 11/14/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   21,092    123,372      20,617      130,022       9,592      111,272
Live:       7,226     28,977       2,983       27,631       4,757       23,479
Total:     28,318    152,349      23,600      157,653      14,349      134,751

NEGOTIATED GRID NET:
Dressed:    2,639     18,819       2,273       15,802       2,051       11,492
Live:         123      1,829         485        3,564          39        2,632
Total:      2,762     20,648       2,758       19,366       2,090       14,124


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,498     63.1    722-1,055    889  194.03-229.66     212.39
65 - 80% Choice   1,409     63.7    673-948      915  190.38-201.29     197.76
35 - 65% Choice   6,471     64.5    606-951      898  190.86-205.48     197.95
 0 - 35% Choice   2,017     64.2    816-961      869  184.92-204.05     195.81
HEIFER
Over 80% Choice   1,272     63.7    711-978      864  195.38-229.39     210.21
65 - 80% Choice   1,909     64.8    726-878      811  194.88-206.87     202.03
35 - 65% Choice   2,213     65.2    754-870      810  188.55-204.30     200.10
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     581     62.2    720-935      846  195.41-212.94     204.88
65 - 80% Choice     614     63.5    697-884      842  198.40-210.29     201.27
35 - 65% Choice     151     63.7    727-875      776  190.40-201.01     196.34
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 19,135     64.2    606-1,055    869  184.92-229.66     201.37
MIXED STEER/HEIFER/COW
Over 80% Choice     166     64.3    654-895      841  195.63-202.58     201.03
65 - 80% Choice   1,118     65.3    748-901      813  198.16-208.38     203.24
35 - 65% Choice     386     63.4    639-865      765  189.75-202.62     197.35
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     118     59.1    751-751      751  193.49-193.49     193.49
65 - 80% Choice     109     59.4    752-787      775  188.17-191.59     189.30
35 - 65% Choice      60     61.5    860-860      860  188.91-188.91     188.91
 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     468     63.6  1,300-1,520   1,438 125.50-138.06     128.88
65 - 80% Choice      76     63.0  1,300-1,300   1,300 127.27-127.27     127.27
35 - 65% Choice   2,656     63.9  1,188-1,525   1,408 122.98-132.55     130.23
 0 - 35% Choice     627     64.3  1,343-1,418   1,388 132.00-132.14     132.10
HEIFER
Over 80% Choice      78     64.0  1,200-1,200   1,200 138.36-138.36     138.36
65 - 80% Choice     700     63.5  1,200-1,309   1,278 126.00-132.17     129.40
35 - 65% Choice   1,659     63.5  1,100-1,330   1,236 122.89-132.70     129.86
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     312     62.1  1,242-1,425   1,378 127.00-128.83     128.36
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  6,576     63.7  1,100-1,525   1,346 122.89-138.36     130.11
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      42     60.0  1,400-1,400   1,400 112.00-112.00     112.00
65 - 80% Choice     186     61.0  1,367-1,443   1,412 119.93-119.93     119.93
35 - 65% Choice     422     61.2  1,230-1,417   1,339 117.00-120.66     118.91
 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     339     62.7    749-989      918  192.25-198.20     196.32
65 - 80% Choice                        -                    -
35 - 65% Choice     192     65.5    980-980      980  193.00-193.00     193.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     390     62.8    713-829      794  193.78-207.63     201.85
65 - 80% Choice      90     61.8    751-751      751  198.60-198.60     198.60
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     421     62.8    717-921      825  192.04-199.08     194.65
65 - 80% Choice      40     61.8    722-722      722  192.21-192.21     192.21
35 - 65% Choice     220     63.2    623-892      769  187.18-194.33     189.72
 0 - 35% Choice      72     61.7    937-937      937  183.55-183.55     183.55
ALL STEERS & HEIFERS
                  1,764     63.0    623-989      844  183.55-207.63     195.46
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     446     62.0    673-983      887  176.25-192.19     182.06
 0 - 35% Choice     187     59.8    770-956      837  166.13-183.17     177.48
DAIRYBRED STEER/HEIFER
Over 80% Choice     206     59.7    774-874      815  181.35-188.60     185.27
65 - 80% Choice                        -                    -
35 - 65% Choice      36     58.4    758-758      758  176.16-176.16     176.16
 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      39     61.4  1,477-1,477   1,477 121.75-121.75     121.75
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice      84     64.2  1,280-1,280   1,280 126.00-126.00     126.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    123     63.3  1,280-1,477   1,342 121.75-126.00     124.65
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


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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