Direct Slaughter Cattle - Formulated Purchases - Summary

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LM_CT109
St. Joseph, MO    Tue, May 15, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday, 05/14/2012

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   36,773     36,773      65,123       65,123      56,699       56,699
Live:       8,656      8,656      10,993       10,993      11,048       11,048
Total:     45,429     45,429      76,116       76,116      67,747       67,747

NEGOTIATED GRID NET:
Dressed:    3,525      3,525       5,548        5,548       6,554        6,554
Live:       1,483      1,483       1,512        1,512       1,193        1,193
Total:      5,008      5,008       7,060        7,060       7,747        7,747


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   5,882     64.5     697-970     861   178.36-214.03      194.77
65 - 80% Choice   4,677     64.9     734-937     857   180.43-198.72      191.33
35 - 65% Choice   7,391     65.6     726-971     862   181.21-195.95      189.40
 0 - 35% Choice   2,193     65.0     776-938     853   184.20-192.84      190.01
HEIFER
Over 80% Choice   2,363     65.0     723-867     791   186.49-210.10      194.88
65 - 80% Choice   2,480     65.5     693-868     793   185.00-195.09      190.15
35 - 65% Choice   3,949     65.2     681-870     761   162.56-194.09      188.67
 0 - 35% Choice     436     64.3     710-891     811   174.62-190.77      187.01
MIXED STEER/HEIFER
Over 80% Choice   1,541     63.5     740-880     815   186.71-214.69      198.35
65 - 80% Choice   1,006     62.2     724-878     777   187.97-196.66      192.46
35 - 65% Choice     961     63.4     710-910     800   184.86-194.43      190.99
 0 - 35% Choice      12     63.5     761-761     761   168.96-168.96      168.96
ALL DRESSED STEERS AND HEIFERS
                 32,891     64.9     681-971     831   162.56-214.69      191.56
MIXED STEER/HEIFER/COW
Over 80% Choice      53     62.2     738-738     738   189.85-189.85      189.85
65 - 80% Choice     834     65.2     786-827     812   190.24-194.83      192.74
35 - 65% Choice   1,069     64.6     601-842     751   165.12-190.31      181.69
 0 - 35% Choice     131     64.7     683-842     770   185.17-186.08      185.67
DAIRYBRED STEER/HEIFER
Over 80% Choice     723     60.4     753-879     824   181.78-192.20      187.72
65 - 80% Choice     823     61.4     729-850     833   185.69-188.04      187.51
35 - 65% Choice     104     60.8     771-815     801   186.80-187.51      187.28
 0 - 35% Choice     145     61.0     778-778     778   183.00-183.00      183.00


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     212     63.8   1,150-1,400  1,265  132.30-138.54      135.18
65 - 80% Choice     440     62.7   1,325-1,339  1,334  122.64-125.50      124.53
35 - 65% Choice   3,381     63.5   1,050-1,392  1,253  116.63-126.62      120.76
 0 - 35% Choice     407     64.4   1,225-1,325  1,264  120.00-123.14      122.52
HEIFER
Over 80% Choice     938     63.2   1,075-1,125  1,107  120.00-139.22      126.65
65 - 80% Choice     417     64.0   1,100-1,250  1,153  120.00-124.25      121.20
35 - 65% Choice   1,241     65.9   1,056-1,250  1,148  120.00-124.25      121.19
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice     164     63.2   1,302-1,302  1,302  134.05-134.05      134.05
65 - 80% Choice      36     62.0   1,276-1,276  1,276  130.86-130.86      130.86
35 - 65% Choice      70     62.5   1,275-1,275  1,275  118.50-118.50      118.50
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  7,306     63.9   1,050-1,400  1,218  116.63-139.22      122.69
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     204     60.3   1,300-1,409  1,375  110.00-115.43      112.94
65 - 80% Choice     612     60.5   1,300-1,316  1,312  111.00-114.00      111.69
35 - 65% Choice     534     60.5   1,300-1,450  1,367  108.00-113.00      111.37
 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     486     63.4     710-908     848   188.76-201.56      194.74
65 - 80% Choice     110     63.6     784-922     830   188.71-199.43      194.07
35 - 65% Choice      94     63.1     706-890     803   188.54-194.17      191.37
 0 - 35% Choice     245     64.8     731-777     739   190.00-190.00      190.00
HEIFER
Over 80% Choice      17     64.5     871-871     871   199.67-199.67      199.67
65 - 80% Choice      91     63.4     701-701     701   198.32-198.32      198.32
35 - 65% Choice                         -                    -
 0 - 35% Choice     120     62.0     900-970     937   170.34-171.22      170.73
MIXED STEER/HEIFER
Over 80% Choice     186     62.5     680-841     726   190.24-198.21      195.62
65 - 80% Choice      37     61.0     653-749     704   187.14-191.57      189.53
35 - 65% Choice     488     63.3     722-871     831   185.03-190.00      187.47
 0 - 35% Choice      33     63.4     919-919     919   185.41-185.41      185.41
ALL DRESSED STEERS AND HEIFERS
                  1,907     63.3     653-970     812   170.34-201.56      190.59
MIXED STEER/HEIFER/COW
Over 80% Choice                         -                    -
65 - 80% Choice      35     61.1     781-781     781   188.82-188.82      188.82
35 - 65% Choice     221     59.5     785-864     837   174.60-188.13      182.20
 0 - 35% Choice     507     60.3     838-989     906   162.70-182.94      171.34
DAIRYBRED STEER/HEIFER
Over 80% Choice     475     60.0     773-918     844   181.47-191.00      185.31
65 - 80% Choice     306     60.8     673-776     764   182.05-189.85      186.57
35 - 65% Choice      74     59.9     794-794     794   182.61-182.61      182.61
 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     125     61.9   1,427-1,427  1,427  119.52-119.52      119.52
65 - 80% Choice                         -                    -
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice      82     61.5   1,119-1,119  1,119  119.00-119.00      119.00
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice     347     63.5   1,275-1,350  1,288  122.12-122.16      122.15
35 - 65% Choice     419     62.9   1,175-1,305  1,240  116.89-119.76      118.34
 0 - 35% Choice     433     62.3   1,014-1,226  1,134  118.00-120.00      118.63
ALL LIVE STEERS AND HEIFERS
                  1,406     62.7   1,014-1,427  1,229  116.89-122.16      119.51
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice      77     57.9   1,319-1,416  1,348  109.68-110.02      109.78
 0 - 35% Choice                         -                    -


 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                5,316         824         187.34
 KANSAS                 16,216         826         190.56
 NEBRASKA                6,390         863         194.74
 COLORADO                  639         838         194.92
 WESTERN CORNBELT        1,075         814         195.86
  TOTAL 5-AREA          29,234         834         191.08
 N.CENTRAL/E.MT          1,527         807         198.69
 WESTERN STATES          1,690         806         191.96
 EASTERN CORNBELT
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                  405         753         190.00
 KANSAS
 NEBRASKA                  240         819         197.97
 COLORADO
 WESTERN CORNBELT          705         847         184.98
  TOTAL 5-AREA           1,169         820         188.39
 N.CENTRAL/E.MT            115         908         193.00
 WESTERN STATES
 EASTERN CORNBELT          212         752         195.28
 NORTHEASTERN STATES       230         809         195.64


-------------------------------------------------------------------
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.
-------------------------------------------------------------------


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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