Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

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LM_CT152
St. Joseph, MO    Mon, May 07, 2012    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 05/06/2012

                              IMPORTED CATTLE ONLY

                       Dressed:   Live:  Total:  Total Week Ago: Total Year Ago:
Formula Net:              1,247       0   1,247         3,577          1,398
Negotiated Grid Net:      2,109       0   2,109         1,126            910
Forward Contract Net:     4,045       0   4,045         5,342          5,385
--------------------------------------------------------------------------------
                          FORMULA NET:  Dressed Basis

                   Head    Wtd Avg     Weight     Avg        Price           Avg
                  Count  Dress Pct     Range       Wt        Range         Price
STEER
Over 80% Choice      102    63.0    873-948       898    186.36-195.16    189.98
65 - 80% Choice      113    63.6    882-957       906    186.59-187.90    187.01
35 - 65% Choice      259    62.7    863-871       869    189.34-190.86    190.36
 0 - 35% Choice                        -                       -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                       -
65 - 80% Choice                        -                       -
35 - 65% Choice      231    62.6    830-830       830    201.07-201.07    201.07
 0 - 35% Choice      299    62.7    810-810       810    200.43-200.43    200.43
ALL STEERS & HEIFERS
                   1,004    62.8    810-957       849    186.36-201.07    195.41
MIXED STEER/HEIFER/COW
Over 80% Choice       78    62.5    879-879       879    189.87-189.87    189.87
65 - 80% Choice       40    61.0    819-819       819    194.80-194.80    194.80
35 - 65% Choice                        -                       -
 0 - 35% Choice                        -                       -
DAIRYBRED STEER/HEIFER
Over 80% Choice       83    60.9    861-861       861    187.08-187.08    187.08
65 - 80% Choice       42    59.5    864-864       864    181.34-181.34    181.34
35 - 65% Choice                        -                       -
 0 - 35% Choice                        -                       -
--------------------------------------------------------------------------------
                            FORMULA NET:  Live Basis
  No Reportable Trade.
--------------------------------------------------------------------------------
                      NEGOTIATED GRID NET:  Dressed Basis

                   Head    Wtd Avg     Weight     Avg        Price           Avg
                  Count  Dress Pct     Range       Wt        Range         Price
STEER
Over 80% Choice       61    63.7    895-943       918    190.43-194.43    192.53
65 - 80% Choice       60    64.4    895-895       895    195.44-195.56    195.51
35 - 65% Choice      836    63.7    873-929       898    193.72-195.00    194.21
 0 - 35% Choice      273    64.2    840-889       880    183.96-195.00    193.74
HEIFER
Over 80% Choice      234    62.1    919-919       919    192.59-192.59    192.59
65 - 80% Choice       83    63.7    802-888       838    192.00-194.45    193.03
35 - 65% Choice      193    63.1    774-883       833    181.75-194.00    189.34
 0 - 35% Choice       46    63.1    777-777       777    194.00-194.00    194.00
MIXED STEER/HEIFER
Over 80% Choice       55    63.1    875-974       947    186.50-194.80    188.76
65 - 80% Choice                        -                       -
35 - 65% Choice                        -                       -
 0 - 35% Choice                        -                       -
ALL STEERS & HEIFERS
                   1,841    63.5    774-974       887    181.75-195.56    193.19
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                       -
65 - 80% Choice      161    63.8    752-904       808    191.57-195.07    193.76
35 - 65% Choice      107    62.8    752-801       780    193.08-194.69    194.08
 0 - 35% Choice                        -                       -
DAIRYBRED STEER/HEIFER
  No Reportable Trade.
--------------------------------------------------------------------------------
                        NEGOTIATED GRID NET:  Live Basis
  No Reportable Trade.
--------------------------------------------------------------------------------
                      FORWARD CONTRACT NET:  Dressed Basis

                   Head    Wtd Avg     Weight     Avg        Price           Avg
                  Count  Dress Pct     Range       Wt        Range         Price
STEER
Over 80% Choice       34    65.5    927-927       927    186.41-186.41    186.41
65 - 80% Choice       69    64.0    878-942       909    198.42-199.84    199.14
35 - 65% Choice       93    62.3    816-816       816    203.16-203.16    203.16
 0 - 35% Choice                        -                       -
HEIFER
Over 80% Choice      683    63.9    843-932       898    189.00-199.00    195.13
65 - 80% Choice      553    63.9    805-966       956    192.40-195.83    193.72
35 - 65% Choice       36    64.1    846-846       846    203.60-203.60    203.60
 0 - 35% Choice                        -                       -
MIXED STEER/HEIFER
Over 80% Choice      454    61.7    797-933       844    189.96-208.25    201.37
65 - 80% Choice    1,223    63.1    828-915       857    189.58-208.87    199.46
35 - 65% Choice      702    63.1    800-913       850    203.82-207.93    205.85
 0 - 35% Choice      198    63.8    832-887       865    204.43-206.70    205.22
ALL STEERS & HEIFERS
                   4,045    63.3    797-966       875    186.41-208.87    199.56
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.
--------------------------------------------------------------------------------
                       FORWARD CONTRACT NET:  Live Basis
  No Reportable Trade.
--------------------------------------------------------------------------------


Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678  email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

1130C






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