Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109
St. Joseph, MO    Thu, May 3, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday, 05/02/2012

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   50,413    129,124      42,379      116,880      41,574      110,083
Live:       7,755     26,647       6,872       25,979      10,707       35,009
Total:     58,168    155,771      49,251      142,859      52,281      145,092

NEGOTIATED GRID NET:
Dressed:    4,138     12,154       6,189       13,679       5,908       15,607
Live:         251      4,420       2,437        5,466         727        2,958
Total:      4,389     16,574       8,626       19,145       6,635       18,565


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,356     64.2     698-995     880   186.13-212.01      198.09
65 - 80% Choice   6,724     64.9     711-964     865   179.85-203.57      194.59
35 - 65% Choice  13,706     65.0     694-958     863   177.62-209.12      193.17
 0 - 35% Choice   1,454     64.7     662-860     818   173.54-194.23      191.81
HEIFER
Over 80% Choice   2,289     64.6     682-860     783   190.01-210.55      197.97
65 - 80% Choice   3,449     64.1     673-887     777   186.78-202.58      194.27
35 - 65% Choice   4,467     64.5     690-898     768   180.88-201.34      192.73
 0 - 35% Choice     778     63.5     671-776     697   187.96-204.03      198.96
MIXED STEER/HEIFER
Over 80% Choice     818     62.9     698-894     791   190.61-209.02      196.77
65 - 80% Choice     376     61.7     701-904     767   178.70-201.97      193.26
35 - 65% Choice     492     61.6     717-821     763   181.72-196.84      193.65
 0 - 35% Choice      92     65.6     730-894     816   189.09-195.27      192.31
ALL DRESSED STEERS AND HEIFERS
                 39,001     64.6     662-995     833   173.54-212.01      194.44
MIXED STEER/HEIFER/COW
Over 80% Choice     797     64.4     766-874     796   194.11-202.92      199.14
65 - 80% Choice   2,657     65.3     620-881     793   181.84-201.80      194.49
35 - 65% Choice     400     65.0     695-829     776   186.93-192.96      191.42
 0 - 35% Choice                         -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,027     60.0     705-890     806   177.31-200.17      192.59
65 - 80% Choice   3,217     61.1     764-922     850   176.96-197.04      190.52
35 - 65% Choice   2,833     61.9     741-911     847   178.57-196.70      188.96
 0 - 35% Choice     481     61.9     818-884     847   183.66-187.67      185.83


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     600     63.5   1,204-1,447  1,271  112.00-137.59      134.95
65 - 80% Choice     592     63.3   1,080-1,300  1,254  118.65-137.19      121.86
35 - 65% Choice   3,089     64.1   1,240-1,425  1,307  119.00-124.25      121.40
 0 - 35% Choice      81     63.0   1,300-1,300  1,300  117.65-117.65      117.65
HEIFER
Over 80% Choice     403     62.2   1,150-1,316  1,218  121.88-135.00      127.04
65 - 80% Choice     627     63.8   1,125-1,225  1,173  120.00-132.28      122.60
35 - 65% Choice     583     63.2   1,118-1,300  1,171  117.50-122.50      120.13
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice     372     63.5   1,169-1,400  1,233  119.30-121.99      120.45
35 - 65% Choice      80     62.0   1,231-1,231  1,231  120.00-120.00      120.00
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  6,427     63.7   1,080-1,447  1,262  112.00-137.59      122.94
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     143     59.5   1,300-1,353  1,341  113.41-114.43      113.65
65 - 80% Choice     437     61.0   1,250-1,400  1,355  110.00-116.58      113.59
35 - 65% Choice     748     60.7   1,300-1,375  1,337  110.00-113.94      112.74
 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     288     62.7     731-879     794   193.47-200.36      196.29
65 - 80% Choice     751     63.5     767-897     847   197.57-199.75      199.06
35 - 65% Choice     332     63.6     612-841     738   190.52-196.96      192.26
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice      20     62.2     835-835     835   196.02-196.02      196.02
65 - 80% Choice     209     63.3     768-867     786   189.42-199.91      198.00
35 - 65% Choice     209     63.5     601-748     681   185.89-193.25      190.30
 0 - 35% Choice     304     61.9     719-1,003   897   167.10-179.30      171.86
MIXED STEER/HEIFER
Over 80% Choice     181     61.7     699-913     816   195.00-203.63      197.68
65 - 80% Choice     391     62.0     633-852     758   179.38-199.67      194.69
35 - 65% Choice     177     62.5     675-756     705   170.02-190.38      188.27
 0 - 35% Choice      24     62.0     770-770     770   172.32-172.32      172.32
ALL DRESSED STEERS AND HEIFERS
                  2,886     62.8     601-1,003   795   167.10-203.63      192.84
MIXED STEER/HEIFER/COW
Over 80% Choice      41     62.8     727-727     727   192.45-192.45      192.45
65 - 80% Choice      79     60.4     782-806     795   182.30-194.14      188.59
35 - 65% Choice     139     61.3     737-803     756   178.92-184.87      182.87
 0 - 35% Choice                         -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     687     61.0     720-952     827   180.25-197.90      186.68
65 - 80% Choice      51     58.5     682-852     802   182.21-184.57      182.90
35 - 65% Choice     255     59.7     726-800     739   173.00-189.50      186.69
 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     151     64.2   1,440-1,440  1,440  125.74-125.74      125.74
65 - 80% Choice                         -                    -
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice      72     63.4   1,242-1,259  1,250  117.73-117.73      117.73
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
 No Reportable Trade.
ALL LIVE STEERS AND HEIFERS
                    223     63.9   1,242-1,440  1,379  117.73-125.74      123.15
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice      28     60.0   1,220-1,220  1,220  113.17-113.17      113.17
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -


 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM               19,172         826         192.05
 KANSAS                  4,671         862         194.27
 NEBRASKA                8,032         851         198.47
 COLORADO                2,562         825         200.07
 WESTERN CORNBELT          254         844         192.60
  TOTAL 5-AREA          34,691         837         194.43
 N.CENTRAL/E.MT          1,014         811         198.46
 WESTERN STATES          3,222         802         193.26
 EASTERN CORNBELT           74         876         194.92
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                  638         708         191.02
 KANSAS
 NEBRASKA                  917         839         198.71
 COLORADO                   60         769         191.82
 WESTERN CORNBELT          612         847         184.59
  TOTAL 5-AREA           2,227         802         192.44
 N.CENTRAL/E.MT             88         848         197.09
 WESTERN STATES
 EASTERN CORNBELT          302         729         195.35
 NORTHEASTERN STATES       196         793         194.24


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Regional Breakdown:
  WESTERN CORNBELT - IA,MN,MO.
  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX
  N.CENTRAL/E.MT - MT,ND,SD,WY.
  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.
  EASTERN CORNBELT - IL,IN,KY,MI,WI.
  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.
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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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