Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

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LM_CT151
St Joseph, MO    Mon, Feb 25, 2013    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 02/24/2013

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            201,922  37,709  239,631       232,770        214,561
Negotiated Grid Net:     22,521   3,279   25,800        25,438         23,015
Forward Contract Net:    40,522  10,315   50,837        48,974         45,454

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   27,501     64.1     684-1,083     906   184.95-233.58   201.43
65 - 80% Choice   20,074     64.8     677-1,002     898   175.49-224.12   197.15
35 - 65% Choice   49,093     65.2     636-1,036     865   180.68-203.02   194.89
 0 - 35% Choice    7,212     65.2     669-939       804   182.82-200.22   190.09
HEIFER
Over 80% Choice   17,975     64.3     677-968       845   188.19-234.77   200.22
65 - 80% Choice   19,127     64.7     655-913       781   184.40-205.05   197.17
35 - 65% Choice   16,273     64.9     632-912       774   179.20-201.93   195.29
 0 - 35% Choice      651     64.5     619-944       735   175.53-198.50   190.83
MIXED STEER/HEIFER
Over 80% Choice    5,883     62.5     653-974       838   190.44-221.83   200.40
65 - 80% Choice    3,908     62.9     625-973       825   185.82-202.00   197.15
35 - 65% Choice    3,072     62.7     650-985       815   187.45-203.60   196.30
 0 - 35% Choice      265     63.9     678-865       807   184.26-199.08   190.84
ALL STEERS & HEIFERS
                 171,034     64.6     619-1,083     849   175.49-234.77   197.10
MIXED STEER/HEIFER/COW
Over 80% Choice    2,960     64.2     650-931       828   186.38-217.50   199.09
65 - 80% Choice    7,201     65.0     686-934       819   180.29-201.74   196.38
35 - 65% Choice    6,804     65.5     681-968       788   165.48-200.42   193.03
 0 - 35% Choice      337     63.8     696-748       725   185.68-195.81   189.82
DAIRYBRED STEER/HEIFER
Over 80% Choice    4,400     62.4     727-964       837   176.15-206.14   190.88
65 - 80% Choice    3,808     61.8     732-918       835   175.03-203.07   191.81
35 - 65% Choice    5,046     62.4     698-959       832   177.15-195.54   190.07
 0 - 35% Choice      332     61.8     794-865       852   188.78-191.99   190.18

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    4,130     63.1   1,167-1,581   1,417   122.00-143.97   129.69
65 - 80% Choice    5,136     64.2   1,070-1,521   1,388   122.00-131.59   127.09
35 - 65% Choice   10,608     64.2   1,136-1,560   1,338   119.92-134.02   127.03
 0 - 35% Choice    1,088     63.8   1,191-1,365   1,276   123.00-131.38   126.19
HEIFER
Over 80% Choice    2,945     63.7   1,071-1,420   1,288   122.00-141.74   128.38
65 - 80% Choice    2,257     64.1   1,064-1,346   1,233   123.50-130.91   127.70
35 - 65% Choice    5,223     64.1   1,051-1,454   1,172   119.67-130.46   123.87
 0 - 35% Choice      241     64.3   1,195-1,256   1,237   121.00-125.51   122.40
MIXED STEER/HEIFER
Over 80% Choice      498     62.8   1,156-1,528   1,479   123.00-135.12   134.15
65 - 80% Choice    1,915     63.1   1,071-1,617   1,370   119.73-130.36   125.32
35 - 65% Choice      439     62.7   1,143-1,412   1,225   120.13-138.95   123.07
 0 - 35% Choice                          -                      -
ALL STEERS & HEIFERS
                  34,480     63.9   1,051-1,617   1,318   119.67-143.97   126.94
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice    1,661     61.7   1,288-1,441   1,354   114.96-121.50   117.29
35 - 65% Choice    1,532     61.7   1,230-1,481   1,343   111.00-124.11   119.34
 0 - 35% Choice       36     62.4   1,326-1,326   1,326   117.13-117.13   117.13

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice      934     62.2     692-949       834   189.36-211.80   200.60
65 - 80% Choice    1,003     63.3     692-918       809   193.14-200.85   196.74
35 - 65% Choice    3,427     64.9     726-988       812   177.22-204.00   191.18
 0 - 35% Choice      259     65.3     809-940       849   194.25-197.00   194.47
HEIFER
Over 80% Choice    2,099     64.2     703-870       777   187.18-206.40   197.55
65 - 80% Choice    1,495     64.8     659-837       741   191.43-198.74   195.25
35 - 65% Choice    1,008     63.2     672-952       793   181.79-195.11   188.63
 0 - 35% Choice      357     66.1     722-738       730   181.60-184.16   182.83
MIXED STEER/HEIFER
Over 80% Choice    2,190     62.9     643-999       868   191.23-207.37   198.15
65 - 80% Choice    1,179     63.2     698-948       803   180.08-201.25   193.61
35 - 65% Choice    1,404     63.7     709-935       782   185.04-203.86   195.67
 0 - 35% Choice       78     62.9     767-967       857   184.47-195.92   190.78
ALL STEERS & HEIFERS
                  15,433     63.9     643-999       804   177.22-211.80   194.65
MIXED STEER/HEIFER/COW
Over 80% Choice    1,045     62.9     626-1,100     838   188.92-215.68   199.62
65 - 80% Choice      627     61.7     578-878       769   176.56-203.84   193.81
35 - 65% Choice    1,074     62.5     653-994       770   179.21-199.50   188.11
 0 - 35% Choice    2,023     57.9     707-925       849   163.85-195.51   176.32
DAIRYBRED STEER/HEIFER
Over 80% Choice      811     59.8     709-937       831   166.74-193.69   185.85
65 - 80% Choice      921     59.7     663-933       805   170.43-193.78   184.37
35 - 65% Choice      587     60.0     675-902       800   168.16-193.00   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       51     61.5   1,338-1,469   1,438   120.58-125.00   121.62
65 - 80% Choice       86     63.7   1,149-1,303   1,224   124.00-125.00   124.49
35 - 65% Choice      595     63.8   1,053-1,384   1,198   124.00-126.00   124.92
 0 - 35% Choice       84     62.9   1,284-1,284   1,284   125.00-125.00   125.00
HEIFER
Over 80% Choice       62     63.8   1,008-1,147   1,089   123.00-124.00   123.42
65 - 80% Choice      634     63.3   1,020-1,401   1,109   124.47-127.50   126.76
35 - 65% Choice      214     62.1   1,162-1,494   1,376   119.82-125.00   121.66
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice      141     62.8   1,271-1,419   1,331   122.00-122.67   122.40
65 - 80% Choice      341     64.1   1,024-1,429   1,178   119.92-124.00   121.60
35 - 65% Choice      681     63.3   1,025-1,274   1,155   122.00-125.00   123.56
 0 - 35% Choice       42     64.1   1,306-1,306   1,306   121.66-121.66   121.66
ALL STEERS & HEIFERS
                   2,931     63.4   1,008-1,494   1,192   119.82-127.50   124.11
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice       74     64.1   1,146-1,146   1,146   128.76-128.76   128.76
35 - 65% Choice                          -                      -
 0 - 35% Choice       42     64.8   1,396-1,396   1,396   118.71-118.71   118.71
DAIRYBRED STEER/HEIFER
Over 80% Choice       40     61.3   1,459-1,459   1,459   117.00-117.00   117.00
65 - 80% Choice                          -                      -
35 - 65% Choice      192     61.6   1,262-1,457   1,426   115.00-116.48   115.23
 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    4,428     63.0     636-1,019     912   195.56-212.01   206.04
65 - 80% Choice    6,792     63.2     772-967       885   189.72-215.99   205.78
35 - 65% Choice    2,679     64.2     684-921       859   196.22-210.29   205.49
 0 - 35% Choice       13     61.3     614-614       614   189.96-189.96   189.96
HEIFER
Over 80% Choice    2,023     63.1     690-910       830   201.40-216.37   207.24
65 - 80% Choice    4,127     63.9     678-913       807   201.52-212.81   207.82
35 - 65% Choice    1,264     64.2     649-880       764   199.47-209.83   205.95
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice    1,586     63.2     797-957       868   203.76-210.27   208.39
65 - 80% Choice    1,711     63.9     773-966       874   195.17-210.35   207.66
35 - 65% Choice      692     64.8     869-1,001     903   207.35-210.71   209.04
 0 - 35% Choice                          -                      -
ALL STEERS & HEIFERS
                  25,315     63.5     614-1,019     862   189.72-216.37   206.62
MIXED STEER/HEIFER/COW
Over 80% Choice      919     63.6     799-905       853   201.07-207.33   205.13
65 - 80% Choice      403     64.3     722-820       793   196.19-208.71   203.19
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
DAIRYBRED STEER/HEIFER
Over 80% Choice    6,221     61.4     732-955       842   189.15-219.08   208.43
65 - 80% Choice    3,763     61.3     740-929       851   183.65-213.04   201.03
35 - 65% Choice    3,829     62.1     711-937       844   186.89-208.29   199.34
 0 - 35% Choice       72     61.5     808-821       814   194.78-198.01   196.31

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    1,874     62.9   1,167-1,500   1,369   127.52-144.93   135.88
65 - 80% Choice    2,153     63.8   1,237-1,468   1,344   130.69-133.26   132.09
35 - 65% Choice    1,962     64.0   1,042-1,400   1,267   125.62-132.35   130.27
 0 - 35% Choice      151     62.1   1,233-1,279   1,256   129.30-131.00   130.17
HEIFER
Over 80% Choice      272     63.1   1,390-1,462   1,441   132.12-133.25   132.92
65 - 80% Choice    1,451     63.7   1,060-1,262   1,159   127.12-133.30   132.74
35 - 65% Choice      884     63.6   1,084-1,231   1,150   127.12-133.30   131.25
 0 - 35% Choice                          -                      -
MIXED STEER/HEIFER
Over 80% Choice      690     63.6   1,294-1,414   1,351   127.22-142.99   140.25
65 - 80% Choice      173     63.2   1,377-1,377   1,377   131.40-131.40   131.40
35 - 65% Choice      117     64.3   1,120-1,120   1,120   132.05-132.05   132.05
 0 - 35% Choice                          -                      -
ALL STEERS & HEIFERS
                   9,727     63.6   1,042-1,500   1,288   125.62-144.93   133.03
MIXED STEER/HEIFER/COW
Over 80% Choice       96     62.0   1,364-1,365   1,364   126.00-133.00   130.45
65 - 80% Choice       40     63.7   1,260-1,260   1,260   128.60-128.60   128.60
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice      223     61.4   1,376-1,430   1,400   122.12-123.77   122.85
35 - 65% Choice      127     61.8   1,374-1,374   1,374   124.36-124.36   124.36
 0 - 35% Choice      102     60.3   1,336-1,336   1,336   127.92-127.92   127.92

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

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                58,848    55,400        810    193.56    195.19
KANSAS                  40,506    33,535        858    197.18    198.42
NEBRASKA                30,141    26,705        891    200.47    202.14
COLORADO                18,363    18,212        878    200.74    201.83
WESTERN CORNBELT         5,850     6,632        874    199.83    202.44
 TOTAL 5-AREA          153,243   139,478        849    196.95    198.44
N.CENTRAL/E.MT           5,227     5,134        868    200.52    203.17
WESTERN STATES          11,741    14,267        845    197.32    198.55
EASTERN CORNBELT           358       181        842    198.56    200.01
NORTHEASTERN STATE

                               FORMULA: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                13,153    14,517      1,236    124.17    125.20
KANSAS                  13,082    10,978      1,328    128.39    127.11
NEBRASKA                 5,512     4,485      1,444    130.33    128.26
COLORADO                   679     1,035      1,336    130.91    126.14
WESTERN CORNBELT           760     1,009      1,449    126.96    129.51
 TOTAL 5-AREA           33,186    32,024      1,314    127.06    126.45
N.CENTRAL/E.MT           1,081       600      1,457    123.96    129.14
WESTERN STATES             213       220      1,340    123.00    125.00
EASTERN CORNBELT
NORTHEASTERN STATE

                             CONTRACT: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 1,531     2,152        738    204.24    203.81
KANSAS                   1,062       898        815    206.16    207.49
NEBRASKA                12,749     8,143        886    207.01    208.02
COLORADO                 5,970     6,041        874    207.18    205.04
WESTERN CORNBELT           992     1,685        825    207.15    204.75
 TOTAL 5-AREA           22,304    18,919        866    206.83    206.28
N.CENTRAL/E.MT             883       120        855    205.81    205.58
WESTERN STATES           1,274     1,193        816    206.43    204.62
EASTERN CORNBELT           594       710        828    200.49    200.17
NORTHEASTERN STATE         260       420        845    206.86    207.42

                              CONTRACT: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 2,659     4,051      1,197    132.58    132.37
KANSAS                   1,086       186      1,259    130.18    132.89
NEBRASKA                 3,258     2,294      1,341    135.60    138.52
COLORADO                   200                1,414    142.99
WESTERN CORNBELT         1,360     3,159      1,380    131.25    132.41
 TOTAL 5-AREA            8,419     9,690      1,295    133.52    133.85
N.CENTRAL/E.MT             433       569      1,433    130.72    131.46
WESTERN STATES             693       250      1,127    129.58    130.75
EASTERN CORNBELT            38       255      1,317    127.41    131.07
NORTHEASTERN STATE

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 5,588     3,590        768    192.55    194.42
KANSAS                   3,897     3,457        801    193.54    194.58
NEBRASKA                 1,162     2,045        869    195.79    200.70
COLORADO                    89        42        908    190.83    201.86
WESTERN CORNBELT         2,184     2,072        857    198.03    199.70
 TOTAL 5-AREA           12,749    11,076        803    193.97    196.57
N.CENTRAL/E.MT             272                  839    201.19
WESTERN STATES
EASTERN CORNBELT         1,326     1,892        815    195.93    201.06
NORTHEASTERN STATE         841     1,082        791    198.55    202.88

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 2,506     2,174      1,155    124.48    123.13
KANSAS                     138                1,494    119.82
NEBRASKA                   123        14      1,334    122.01    123.47
COLORADO                   107                1,401    124.47
WESTERN CORNBELT                     300                         124.33
 TOTAL 5-AREA            2,874     2,488      1,188    124.15    123.28
N.CENTRAL/E.MT              57        44      1,419    122.00    120.41
WESTERN STATES
EASTERN CORNBELT
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
            816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

1130C






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