Direct Slaughter Cattle - Formulated Purchases - Morning

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LM_CT107
St. Joseph, MO    Fri, Nov 16, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 11/15/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   13,648    149,643      12,075      150,715       5,329      127,631
Live:       5,381     35,105       5,147       34,995       6,209       30,815
Total:     19,029    184,748      17,222      185,710      11,538      158,446

NEGOTIATED GRID NET:
Dressed:    1,150     22,263       1,917       19,441       1,063       14,469
Live:         545      2,495         329        3,893         563        3,555
Total:      1,695     24,758       2,246       23,334       1,626       18,024


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,504     63.4    840-1,014    930  188.16-212.94     201.98
65 - 80% Choice   1,041     64.2    792-969      912  194.41-201.69     199.43
35 - 65% Choice   3,377     65.3    785-931      878  191.38-202.95     198.17
 0 - 35% Choice   3,231     65.1    712-928      802  185.62-195.36     191.22
HEIFER
Over 80% Choice     267     64.0    774-854      838  197.19-204.08     200.96
65 - 80% Choice     486     64.7    734-829      764  195.67-203.55     202.60
35 - 65% Choice   1,274     65.9    688-849      770  195.80-202.46     199.70
 0 - 35% Choice     267     65.0    715-804      767  190.77-194.32     192.84
MIXED STEER/HEIFER
Over 80% Choice     321     63.2    680-935      854  197.19-212.94     209.00
65 - 80% Choice                        -                    -
35 - 65% Choice      70     65.1    735-886      860  185.17-190.09     189.25
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 11,838     64.8    680-1,014    846  185.17-212.94     197.40
MIXED STEER/HEIFER/COW
Over 80% Choice     448     63.5    795-869      823  200.62-202.35     201.19
65 - 80% Choice     372     62.9    782-891      834  191.95-201.60     195.85
35 - 65% Choice     485     64.7    693-773      737  187.94-198.40     192.17
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      70     62.2    773-782      778  199.95-205.56     202.76
65 - 80% Choice      78     62.8    869-869      869  194.88-194.88     194.88
35 - 65% Choice     357     62.6    733-852      828  188.93-194.08     192.65
 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     805     63.4  1,350-1,450   1,407 123.52-127.00     125.51
65 - 80% Choice     110     62.0  1,425-1,485   1,455 125.75-125.75     125.75
35 - 65% Choice   1,213     63.7  1,250-1,400   1,327 123.65-130.25     127.07
 0 - 35% Choice     369     63.9  1,159-1,350   1,269 123.50-130.25     127.38
HEIFER
Over 80% Choice     198     62.7  1,325-1,325   1,325 126.00-126.00     126.00
65 - 80% Choice     132     63.4  1,141-1,200   1,168 125.75-125.99     125.86
35 - 65% Choice   1,094     62.9  1,109-1,271   1,182 119.00-128.69     126.31
 0 - 35% Choice     608     64.3  1,125-1,225   1,178 124.35-126.50     125.88
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      62     64.0    996-1,249   1,135 123.00-125.00     123.90
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  4,591     63.5    996-1,485   1,278 119.00-130.25     126.33
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     177     61.6  1,375-1,375   1,375 118.33-118.33     118.33
35 - 65% Choice     537     61.7  1,285-1,385   1,338 114.65-124.05     120.22
 0 - 35% Choice      76     62.0  1,300-1,300   1,300 118.93-118.93     118.93


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     245     61.9    776-1,011    947  191.75-206.14     200.12
65 - 80% Choice     124     62.0    768-931      881  196.40-201.60     200.01
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      96     62.4    823-824      823  197.42-208.24     203.39
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     159     62.8    800-902      833  191.20-197.06     193.34
65 - 80% Choice                        -                    -
35 - 65% Choice      24     62.6    675-675      675  202.01-202.01     202.01
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    648     62.2    675-1,011    878  191.20-208.24     198.99
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     114     65.3    764-764      764  193.92-193.92     193.92
 0 - 35% Choice      58     65.5    822-822      822  193.60-193.60     193.60
DAIRYBRED STEER/HEIFER
Over 80% Choice      30     58.4    920-920      920  185.00-185.00     185.00
65 - 80% Choice     237     58.7    782-835      800  177.66-195.47     187.53
35 - 65% Choice      63     54.5    716-760      736  179.54-190.26     185.33
 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      47     60.1  1,371-1,371   1,371 117.74-117.74     117.74
65 - 80% Choice                        -                    -
35 - 65% Choice      99     62.2  1,590-1,590   1,590 127.52-127.52     127.52
 0 - 35% Choice                        -                    -
HEIFER
 No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice     282     63.2  1,391-1,418   1,402 129.82-129.88     129.86
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    428     62.7  1,371-1,590   1,442 117.74-129.88     127.99
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     117     59.0  1,300-1,300   1,300 106.00-108.00     107.33
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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