5 Area Daily Wtd Avg Direct Slaughter Cattle - Negotiated

LM_CT100
St Joseph, MO    Mon May 21, 2012    USDA Market News Service

5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED
Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots
(Includes all transactions regardless of delivery day)
Recap for: Friday, 5/18/2012

Head Count:    103,496   Week Ago:  103,516   Last Year:     2,780
Week to Date:  108,826   Week Ago:  110,888   Last Year:   105,614

                              LIVE FOB BASIS - Beef Breeds
                       Head      Weight          Price        Avg      Avg
                       Count      Range          Range      Weight     Price
STEERS
 Over 80% Choice       3,940   1,300-1,500   120.75-126.00   1,385    123.70
 65 - 80% Choice       7,664   1,175-1,455   122.00-125.00   1,361    123.17
 35 - 65% Choice      16,088   1,075-1,450   120.00-125.00   1,300    123.24
  0 - 35% Choice         485   1,180-1,320   123.00-124.50   1,270    123.80
 Total all grades     28,177   1,075-1,500   120.00-126.00   1,328    123.29
HEIFERS
 Over 80% Choice       2,761   1,165-1,425   120.00-125.00   1,271    123.16
 65 - 80% Choice       5,304   1,100-1,325   122.00-125.00   1,218    123.19
 35 - 65% Choice      17,267   1,000-1,375   120.00-125.00   1,168    123.19
  0 - 35% Choice                    -              -
 Total all grades     25,332   1,000-1,425   120.00-125.00   1,190    123.19

                          DRESSED DELIVERED BASIS - Beef Breeds
                       Head      Weight          Price        Avg      Avg
                       Count      Range          Range      Weight     Price
STEERS
 Over 80% Choice       4,112     788-950     194.00-195.00     880    194.96
 65 - 80% Choice       9,152     784-950     193.00-195.00     864    194.88
 35 - 65% Choice       3,819     762-950     192.00-197.00     870    195.20
  0 - 35% Choice         360     864-864     193.00-193.00     864    193.00
 Total all grades     17,443     762-950     192.00-197.00     869    194.93
HEIFERS
 Over 80% Choice       2,307     688-879     192.00-195.00     795    194.80
 65 - 80% Choice       3,610     721-846     193.00-195.00     778    194.82
 35 - 65% Choice       1,480     685-950     194.00-197.00     763    194.62
  0 - 35% Choice                    -              -
 Total all grades      7,397     685-950     192.00-197.00     780    194.77

WEEKLY ACCUMULATED       Head Count     Avg Weight     Avg Price
Live    Steer              28,703          1,328         123.26
Live    Heifer             25,799          1,189         123.09
Dressed Steer              18,389            872         194.86
Dressed Heifer              7,786            785         194.62

SAME PERIOD LAST WEEK    Head Count     Avg Weight     Avg Price
Live    Steer              35,875          1,308         120.38
Live    Heifer             22,302          1,182         120.20
Dressed Steer              19,081            872         192.41
Dressed Heifer             11,451            804         192.00

SAME PERIOD LAST YEAR    Head Count     Avg Weight     Avg Price
Live    Steer              31,293          1,302         108.35
Live    Heifer             22,539          1,167         108.21
Dressed Steer              20,056            854         176.72
Dressed Heifer             10,033            761         175.53


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

1200C






.

1. Feeder cattle review: Choice beef prices keep rolling higher
2. Ag markets diverge just before the long holiday weekend
3. Armyworms eat fescue pastures, hayfields
4. Commentary: New rules un-COOL
5. Oil edges up on book squaring, but posts big weekly drop
6. Cattle theft and brands

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. TSCRA works with sale barns to catch Houston cattle thief
3. Post-tornado composting a solution for disposal of dead livestock
4. More beef cows in worst drought regions than a year ago
5. Michigan hay buyers should plan purchases early
6. NASA backs 3D food printer to feed growing population

1. Commentary: In praise of animal foods
2. What’s on America’s grill this weekend?
3. Meat industry associations quick to attack the new MCOOL rule
4. Seven jobs more dangerous than farming
5. NASA backs 3D food printer to feed growing population
6. Post-tornado composting a solution for disposal of dead livestock