Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

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LM_CT151
St Joseph, MO    Mon, Oct 08, 2012    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 10/07/2012

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            196,302  33,511  229,813       215,918        209,649
Negotiated Grid Net:     21,376   6,152   27,528        26,349         25,249
Forward Contract Net:    39,253  10,343   49,596        51,025         55,047

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   16,984     63.9     699-1,080     894   189.00-226.40   202.01
65 - 80% Choice   20,304     64.5     651-1,092     916   187.51-229.12   196.37
35 - 65% Choice   46,829     65.0     670-1,061     895   182.52-207.51   195.25
 0 - 35% Choice   21,775     65.1     681-1,023     850   175.71-201.92   192.66
HEIFER
Over 80% Choice    7,392     64.3     653-937       822   186.75-229.38   202.62
65 - 80% Choice   13,472     64.2     662-906       808   187.49-206.80   197.37
35 - 65% Choice   22,641     64.9     667-984       794   184.88-203.58   196.46
 0 - 35% Choice    4,460     65.0     661-844       755   183.54-197.10   192.85
MIXED STEER/HEIFER
Over 80% Choice    5,448     63.2     689-964       834   189.35-215.72   199.04
65 - 80% Choice    4,244     63.0     675-926       837   187.56-208.77   195.79
35 - 65% Choice    3,893     63.6     668-925       853   176.83-201.53   195.54
 0 - 35% Choice      206     63.4     665-818       797   183.22-194.02   185.98
ALL STEERS & HEIFERS
                 167,648     64.6     651-1,092     859   175.71-229.38   196.46
MIXED STEER/HEIFER/COW
Over 80% Choice    1,217     64.1     731-874       835   190.72-209.84   199.26
65 - 80% Choice    3,725     64.9     645-944       807   173.07-201.86   195.07
35 - 65% Choice   11,117     65.5     652-893       825   174.05-200.97   194.91
 0 - 35% Choice    2,070     64.7     624-971       807   167.49-196.47   190.76
DAIRYBRED STEER/HEIFER
Over 80% Choice    3,081     61.5     706-921       822   182.72-206.18   193.40
65 - 80% Choice    2,268     61.0     683-918       800   180.90-198.87   192.08
35 - 65% Choice    4,357     62.2     678-930       822   182.88-200.52   193.16
 0 - 35% Choice      819     61.9     640-866       814   179.91-196.65   188.41

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    2,129     63.5   1,125-1,541   1,421   122.59-164.84   130.50
65 - 80% Choice    1,051     63.5   1,150-1,465   1,351   123.00-139.13   126.66
35 - 65% Choice    9,023     63.9   1,060-1,500   1,311   119.00-130.25   124.82
 0 - 35% Choice    2,716     64.2   1,149-1,375   1,293   120.03-129.00   124.46
HEIFER
Over 80% Choice    1,669     63.4   1,123-1,375   1,252   119.88-139.18   127.51
65 - 80% Choice    3,317     63.5   1,150-1,350   1,280   123.00-128.03   125.46
35 - 65% Choice    8,287     64.5     972-1,300   1,193   115.00-131.18   125.32
 0 - 35% Choice    1,263     64.5   1,033-1,200   1,163   119.97-127.25   123.24
MIXED STEER/HEIFER
Over 80% Choice      225     64.0   1,400-1,470   1,413   122.59-125.50   123.12
65 - 80% Choice      419     62.8   1,116-1,475   1,353   120.34-133.06   124.29
35 - 65% Choice      159     63.1   1,049-1,182   1,149   124.00-126.00   124.78
 0 - 35% Choice       57     63.7   1,166-1,242   1,210   120.00-125.00   122.89
ALL STEERS & HEIFERS
                  30,315     64.0     972-1,541   1,274   115.00-164.84   125.52
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      111     59.9   1,360-1,600   1,447   113.00-116.00   114.94
65 - 80% Choice      570     61.3   1,300-1,475   1,389   113.91-121.17   117.08
35 - 65% Choice    2,440     61.3   1,276-1,450   1,347   111.00-140.50   119.34
 0 - 35% Choice       75     61.0   1,300-1,300   1,300   119.00-119.00   119.00

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    1,374     63.2     723-1,006     861   187.89-204.12   195.50
65 - 80% Choice    1,339     63.3     729-932       852   185.45-203.78   195.75
35 - 65% Choice    1,442     63.9     658-991       842   178.91-199.00   192.67
 0 - 35% Choice      953     64.4     727-944       808   186.40-195.89   191.26
HEIFER
Over 80% Choice      541     63.2     646-840       808   186.29-207.38   199.34
65 - 80% Choice      606     64.3     733-862       803   186.36-205.24   195.82
35 - 65% Choice      258     63.3     671-929       794   178.72-200.50   195.45
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice    2,432     63.0     655-951       816   180.55-221.73   194.82
65 - 80% Choice    1,689     63.1     638-965       778   183.48-202.18   192.75
35 - 65% Choice    1,795     63.5     669-1,009     786   180.74-201.94   193.01
 0 - 35% Choice      746     63.3     721-1,008     864   172.52-199.00   189.84
ALL STEERS & HEIFERS
                  13,175     63.4     638-1,009     819   172.52-221.73   193.94
MIXED STEER/HEIFER/COW
Over 80% Choice      681     60.8     607-863       788   176.19-198.76   189.61
65 - 80% Choice      742     61.5     650-907       778   174.92-195.00   186.10
35 - 65% Choice    1,450     62.3     583-982       790   169.47-194.00   187.06
 0 - 35% Choice    2,172     59.9     709-1,018     869   171.94-193.57   182.76
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,427     60.1     664-891       823   176.95-209.45   191.19
65 - 80% Choice      880     59.6     694-932       821   174.92-193.44   183.06
35 - 65% Choice      723     59.4     712-881       795   167.08-183.52   178.07
 0 - 35% Choice      126     57.9     711-861       836   170.97-173.39   172.99

                        NEGOTIATED GRID NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice      773     62.8   1,344-1,618   1,454   120.48-130.00   124.19
65 - 80% Choice      395     62.0   1,160-1,515   1,370   120.90-125.48   122.57
35 - 65% Choice      282     63.1   1,250-1,549   1,355   121.25-125.56   123.16
 0 - 35% Choice      292     63.5   1,120-1,332   1,170   121.46-126.00   122.74
HEIFER
Over 80% Choice      323     63.0   1,208-1,402   1,343   121.36-126.14   124.28
65 - 80% Choice      171     63.9   1,332-1,332   1,332   125.00-125.00   125.00
35 - 65% Choice      324     63.0   1,023-1,378   1,134   122.99-123.26   123.09
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice      173     63.2   1,165-1,361   1,272   122.97-125.82   124.18
65 - 80% Choice      461     63.1   1,250-1,300   1,269   121.00-126.85   126.11
35 - 65% Choice    1,380     63.8     945-1,220   1,146   117.00-126.00   123.57
 0 - 35% Choice    1,397     63.2   1,032-1,393   1,168   117.48-126.00   123.05
ALL STEERS & HEIFERS
                   5,971     63.2     945-1,618   1,245   117.00-130.00   123.67
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice       16     61.0   1,375-1,375   1,375   111.68-111.68   111.68
65 - 80% Choice      165     61.3   1,321-1,347   1,341   112.24-119.11   117.65
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -

                      FORWARD CONTRACT NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    3,820     63.3     745-1,046     928   187.39-212.39   202.94
65 - 80% Choice    4,167     63.0     609-1,048     877   174.38-215.87   200.39
35 - 65% Choice    4,047     63.3     650-978       863   180.46-210.39   199.58
 0 - 35% Choice       70     61.2     831-834       832   184.70-188.81   186.81
HEIFER
Over 80% Choice    3,962     63.9     716-948       860   189.31-212.86   204.79
65 - 80% Choice    5,449     63.9     758-951       849   188.85-210.34   198.88
35 - 65% Choice    3,124     64.5     774-960       830   190.32-213.04   197.52
 0 - 35% Choice      247     64.3     711-711       711   190.40-190.40   190.40
MIXED STEER/HEIFER
Over 80% Choice      864     62.7     803-927       887   195.41-209.79   198.07
65 - 80% Choice      294     63.3     908-938       926   196.22-197.47   196.99
35 - 65% Choice       99     63.4     771-802       783   195.23-197.36   196.52
 0 - 35% Choice       40     62.3     788-788       788   200.76-200.76   200.76
ALL STEERS & HEIFERS
                  26,183     63.6     609-1,048     867   174.38-215.87   200.39
MIXED STEER/HEIFER/COW
Over 80% Choice      351     63.6     846-952       876   197.95-198.32   198.05
65 - 80% Choice      130     64.8     804-936       897   197.71-201.47   198.81
35 - 65% Choice      271     67.0     762-767       766   191.46-198.18   192.39
 0 - 35% Choice                          -                      -
DAIRYBRED STEER/HEIFER
Over 80% Choice    5,048     61.5     738-965       823   186.22-216.15   202.61
65 - 80% Choice    2,484     61.6     685-971       845   176.55-208.76   196.75
35 - 65% Choice    4,080     61.4     719-959       835   175.45-208.42   195.77
 0 - 35% Choice      706     60.9     727-880       811   173.44-199.47   187.06

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    4,190     64.0   1,300-1,604   1,454   120.00-152.51   128.93
65 - 80% Choice    2,836     64.4   1,300-1,578   1,466   120.07-138.35   127.34
35 - 65% Choice    1,314     63.3   1,125-1,677   1,282   119.97-130.90   126.17
 0 - 35% Choice                          -                      -
HEIFER
Over 80% Choice      143     63.7   1,300-1,405   1,379   130.15-138.20   136.17
65 - 80% Choice      370     63.2   1,291-1,377   1,331   125.40-129.72   127.38
35 - 65% Choice       39     62.2   1,229-1,229   1,229   131.45-131.45   131.45
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice    1,016     63.2   1,195-1,387   1,323   123.49-145.19   138.91
65 - 80% Choice       42     63.2   1,339-1,339   1,339   131.50-131.50   131.50
35 - 65% Choice       39     64.2   1,215-1,215   1,215   129.00-129.00   129.00
 0 - 35% Choice                          -                      -
ALL STEERS & HEIFERS
                   9,989     63.9   1,125-1,677   1,413   119.97-152.51   129.20
MIXED STEER/HEIFER/COW
Over 80% Choice      264     63.1   1,209-1,281   1,270   125.85-132.00   126.76
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice       90     61.0   1,300-1,300   1,300   110.25-110.25   110.25
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -

--------------------------------------------------------------------------------

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                49,724    53,672        827    195.84    196.98
KANSAS                  29,175    25,728        862    198.62    200.69
NEBRASKA                30,940    18,198        895    196.09    197.85
COLORADO                22,640    20,701        858    195.25    197.65
WESTERN CORNBELT        13,507    10,723        905    194.95    197.22
 TOTAL 5-AREA          145,479   128,683        860    196.25    197.96
N.CENTRAL/E.MT           7,310     6,233        878    198.75    202.58
WESTERN STATES          13,865    13,166        840    197.32    199.67
EASTERN CORNBELT           487       465        849    194.35    197.21
NORTHEASTERN STATE

                               FORMULA: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                15,237    12,084      1,236    124.78    127.12
KANSAS                   8,747    11,800      1,280    126.37    129.04
NEBRASKA                 2,453     5,459      1,355    126.97    130.55
COLORADO                   237     1,413      1,242    138.38    129.68
WESTERN CORNBELT         1,824     1,924      1,411    124.86    127.68
 TOTAL 5-AREA           28,498    32,680      1,271    125.57    128.53
N.CENTRAL/E.MT             898     1,161      1,352    125.96    127.57
WESTERN STATES             919       956      1,288    123.26    125.51
EASTERN CORNBELT
NORTHEASTERN STATE

                             CONTRACT: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 1,647     2,981        808    194.49    198.03
KANSAS                     236       436        807    197.14    203.13
NEBRASKA                11,115    12,350        870    200.84    197.86
COLORADO                 5,087     2,558        891    204.15    196.19
WESTERN CORNBELT         3,256     1,835        887    201.83    201.65
 TOTAL 5-AREA           21,341    20,085        872    201.25    198.11
N.CENTRAL/E.MT           1,878     1,178        880    195.30    199.70
WESTERN STATES           2,000     1,414        835    195.61    193.39
EASTERN CORNBELT           653       338        799    199.57    196.53
NORTHEASTERN STATE         311       719        788    204.30    199.01

                              CONTRACT: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                    71     1,295      1,396    122.30    123.54
KANSAS                     278                1,347    120.66
NEBRASKA                 2,746     2,770      1,408    133.12    130.65
COLORADO
WESTERN CORNBELT         4,708     6,641      1,463    128.57    128.83
 TOTAL 5-AREA            7,803    10,706      1,439    129.83    128.66
N.CENTRAL/E.MT             764       475      1,417    129.50    137.30
WESTERN STATES           1,208       559      1,244    125.68    127.88
EASTERN CORNBELT           214                1,425    124.90
NORTHEASTERN STATE                   216                         124.41

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 3,367     2,304        796    193.88    196.94
KANSAS                   1,226     1,014        815    198.80    203.31
NEBRASKA                 1,542     2,003        874    195.51    196.21
COLORADO                             155                         191.35
WESTERN CORNBELT         2,586     3,175        866    193.05    195.13
 TOTAL 5-AREA            8,627     8,420        834    194.60    196.72
N.CENTRAL/E.MT           1,011     1,149        843    196.82    196.53
WESTERN STATES              32        29        870    187.42    177.55
EASTERN CORNBELT         2,034     2,194        790    190.93    192.67
NORTHEASTERN STATE       1,011       821        760    193.33    194.17

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 3,798     2,378      1,164    123.45    123.45
KANSAS                     143       213      1,439    126.47    130.40
NEBRASKA                   605       470      1,386    122.57    128.68
COLORADO
WESTERN CORNBELT           724       225      1,427    125.46    126.47
 TOTAL 5-AREA            5,270     3,175      1,233    123.70    124.75
N.CENTRAL/E.MT             616       461      1,355    123.59    127.22
WESTERN STATES
EASTERN CORNBELT            85        42      1,202    122.13    120.00
NORTHEASTERN STATE


-------------------------------------------------------------------
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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