Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Tue, May 15, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
Cattle Priced So Far Today

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   21,434     58,207      16,898       82,021      22,206       78,905
Live:       1,744     10,400       2,802       13,795       2,629       13,677
Total:     23,178     68,607      19,700       95,816      24,835       92,582

NEGOTIATED GRID NET:
Dressed:    1,801      6,783       2,442        7,990       2,519        9,073
Live:         147      1,630           0        1,512         628        1,821
Total:      1,948      8,413       2,442        9,502       3,147       10,894


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,081     64.0    756-925      836  187.13-218.30     197.11
65 - 80% Choice   1,913     64.5    722-930      832  182.35-195.97     189.42
35 - 65% Choice   6,786     64.7    707-928      848  184.30-219.01     189.44
 0 - 35% Choice   1,657     64.5    721-900      857  185.29-192.35     190.59
HEIFER
Over 80% Choice   1,016     64.1    659-848      780  187.34-218.32     192.82
65 - 80% Choice   1,730     65.1    721-888      786  184.28-195.11     189.37
35 - 65% Choice   2,211     64.7    704-840      763  186.75-192.11     189.56
 0 - 35% Choice      38     66.0    755-755      755  187.58-187.58     187.58
MIXED STEER/HEIFER
Over 80% Choice     657     63.6    798-903      835  186.96-196.95     193.70
65 - 80% Choice     459     63.8    706-939      805  187.02-195.59     192.07
35 - 65% Choice     448     63.3    717-908      761  190.40-194.16     192.78
 0 - 35% Choice     105     64.0    947-947      947  184.70-184.70     184.70
ALL STEERS & HEIFERS
                 19,101     64.5    659-947      824  182.35-219.01     190.82
MIXED STEER/HEIFER/COW
Over 80% Choice      80     65.3    814-814      814  191.00-191.00     191.00
65 - 80% Choice                        -                    -
35 - 65% Choice     432     63.4    748-915      845  178.67-190.39     183.90
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     759     62.6    850-880      871  185.66-199.84     194.58
65 - 80% Choice     749     61.3    787-906      846  179.49-193.78     188.96
35 - 65% Choice     313     62.1    831-861      838  181.31-188.95     187.98
 0 - 35% Choice                        -                    -


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     249     63.2  1,325-1,400   1,365 126.88-136.74     131.55
65 - 80% Choice                        -                    -
35 - 65% Choice     491     63.7  1,240-1,300   1,269 121.03-122.09     121.58
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     200     62.9  1,200-1,325   1,248 135.44-138.46     136.96
65 - 80% Choice     499     64.0  1,125-1,180   1,148 120.50-120.50     120.50
35 - 65% Choice      90     64.0  1,125-1,125   1,125 120.50-120.50     120.50
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
 No reportable trade.
ALL STEERS & HEIFERS
                  1,529     63.6  1,125-1,400   1,234 120.50-138.46     124.80
MIXED STEER/HEIFER/COW
 No reportable trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     215     61.0  1,300-1,365   1,345 112.00-113.00     112.31
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 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     123     63.0    659-875      805  186.21-194.48     191.71
65 - 80% Choice     310     63.4    770-814      789  191.82-194.06     192.29
35 - 65% Choice      11     60.3    720-720      720  194.22-194.22     194.22
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      91     62.7    670-749      710  195.18-196.02     195.60
65 - 80% Choice                        -                    -
35 - 65% Choice     183     64.1    687-717      705  189.83-191.32     190.73
 0 - 35% Choice      65     62.0    897-923      910  171.26-171.62     171.44
MIXED STEER/HEIFER
Over 80% Choice     331     63.2    702-850      793  190.19-198.77     193.84
65 - 80% Choice     375     62.8    691-888      744  184.19-201.58     190.85
35 - 65% Choice                        -                    -
 0 - 35% Choice      12     62.0    769-769      769  174.34-174.34     174.34
ALL STEERS & HEIFERS
                  1,501     63.1    659-923      770  171.26-201.58     191.20
MIXED STEER/HEIFER/COW
Over 80% Choice      50     62.6    724-833      778  183.59-195.00     187.44
65 - 80% Choice     123     62.2    715-896      803  186.07-192.30     189.59
35 - 65% Choice      45     63.4    791-791      791  191.00-191.00     191.00
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      40     59.1    663-787      742  178.78-188.00     183.96
65 - 80% Choice      42     60.5    742-742      742  181.42-181.42     181.42
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


NEGOTIATED GRID NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
 No reportable trade.
HEIFER
 No reportable trade.
MIXED STEER/HEIFER
Over 80% Choice      69     61.8  1,204-1,204   1,204 124.49-124.49     124.49
65 - 80% Choice      78     63.5  1,275-1,275   1,275 122.14-122.14     122.14
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    147     62.7  1,204-1,275   1,242 122.14-124.49     123.24
MIXED STEER/HEIFER/COW
 No reportable trade.
DAIRYBRED STEER/HEIFER
 No reportable trade.


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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