Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Wed, Feb 20, 2013    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Tuesday Afternoon, 02/19/2013

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   18,568    100,142      12,998      101,000      21,388       71,648
Live:       6,448     18,001       6,384       15,709       5,628       13,861
Total:     25,016    118,143      19,382      116,709      27,016       85,509

NEGOTIATED GRID NET:
Dressed:    3,246      8,674       2,815        8,236       3,170        9,180
Live:         332      1,679         277          845         232        1,343
Total:      3,578     10,353       3,092        9,081       3,402       10,523


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,014     64.2    726-1,007    915  186.78-233.58     204.04
65 - 80% Choice   1,739     65.0    784-962      905  194.84-224.12     199.96
35 - 65% Choice   4,629     65.2    696-937      843  188.98-200.80     195.97
 0 - 35% Choice      94     64.8    716-728      726  195.01-196.10     195.96
HEIFER
Over 80% Choice   1,577     63.8    721-923      855  196.32-234.77     204.41
65 - 80% Choice   1,032     65.6    735-879      793  196.80-200.60     198.61
35 - 65% Choice   1,464     65.3    685-831      765  191.90-198.37     195.55
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,262     62.0    687-921      848  195.43-218.72     201.22
65 - 80% Choice     671     60.2    648-898      810  190.00-202.00     195.30
35 - 65% Choice     275     61.0    802-803      803  197.00-200.11     198.66
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 16,757     64.3    648-1,007    856  186.78-234.77     199.65
MIXED STEER/HEIFER/COW
Over 80% Choice     133     62.7    844-883      869  194.50-200.53     196.59
65 - 80% Choice   1,023     64.5    746-917      831  180.29-201.74     198.94
35 - 65% Choice     640     66.9    789-826      798  195.19-195.80     195.60
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      15     62.3    802-802      802  186.51-186.51     186.51
35 - 65% Choice                        -                    -
 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     248     64.0  1,330-1,485   1,451 124.50-138.03     128.79
65 - 80% Choice     535     63.8  1,230-1,358   1,274 125.50-130.46     126.86
35 - 65% Choice   1,869     64.1  1,179-1,452   1,335 120.14-130.49     127.09
 0 - 35% Choice     317     63.6  1,191-1,191   1,191 125.94-125.94     125.94
HEIFER
Over 80% Choice     535     63.4  1,148-1,382   1,259 123.00-139.21     128.00
65 - 80% Choice     403     63.4  1,064-1,294   1,160 124.00-130.34     126.75
35 - 65% Choice   1,014     64.1  1,111-1,267   1,168 123.00-130.46     126.53
 0 - 35% Choice      75     64.2  1,195-1,195   1,195 125.51-125.51     125.51
MIXED STEER/HEIFER
Over 80% Choice     430     62.9  1,528-1,528   1,528 135.12-135.12     135.12
65 - 80% Choice     740     63.2  1,217-1,457   1,424 120.00-130.36     128.02
35 - 65% Choice     108     63.4  1,143-1,143   1,143 122.00-122.00     122.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  6,274     63.8  1,064-1,528   1,301 120.00-139.21     127.60
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     174     62.4  1,352-1,352   1,352 116.00-116.00     116.00
35 - 65% Choice                        -                    -
 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     128     64.3    868-886      880  200.60-202.69     201.25
65 - 80% Choice                        -                    -
35 - 65% Choice     186     64.9    812-863      859  200.00-204.00     200.30
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     265     64.4    764-809      775  200.00-206.40     201.63
65 - 80% Choice                        -                    -
35 - 65% Choice     302     61.5    890-924      908  186.17-188.92     187.46
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,003     63.3    643-999      896  193.29-206.44     197.73
65 - 80% Choice     192     62.1    707-833      762  182.23-198.26     190.50
35 - 65% Choice      41     62.5    750-750      750  185.04-185.04     185.04
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,117     63.2    643-999      863  182.23-206.44     196.29
MIXED STEER/HEIFER/COW
Over 80% Choice     159     64.7    796-796      796  200.00-200.00     200.00
65 - 80% Choice     122     62.2    685-878      773  176.56-197.58     187.88
35 - 65% Choice      38     64.3    678-678      678  183.51-183.51     183.51
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     224     59.5    796-851      822  182.74-189.02     185.46
65 - 80% Choice     402     60.3    663-933      794  176.91-193.78     186.81
35 - 65% Choice     184     61.8    709-855      831  183.68-193.00     191.48
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
  No Reportable Trade.
HEIFER
Over 80% Choice      26     64.2  1,008-1,008   1,008 124.00-124.00     124.00
65 - 80% Choice     188     63.8  1,038-1,038   1,038 127.50-127.50     127.50
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     118     62.1  1,158-1,158   1,158 123.27-123.27     123.27
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    332     63.2  1,008-1,158   1,078 123.27-127.50     125.72
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


Source:    USDA Market News Service, St. Joseph, MO
           816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

1100C






.

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. U.S. 2012/13 corn export prospects cut as global trade boosted
3. Feed grain supply prospects lowered on delayed plantings
4. Corn conditions a tad better than last year
5. Brent crude oil dips before U.S. Fed meeting
6. Grain markets proved mixed on Monday

1. Cattle crush Calif. dairy worker
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Will Smith dethroned in latest Peterson Farm Bros. parody
5. WASDE: Corn price outlook lowered
6. Bush criticizes Farm Bill

1. Commentary: On the meaning of ‘natural’
2. Commentary: Clueless consumers
3. Commentary: Why should we care about the farm bill?