Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Mon, May 21, 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:   33,321     33,321      23,285       23,285      35,309       35,309
Live:       2,358      2,358       2,425        2,425       2,678        2,678
Total:     35,679     35,679      25,710       25,710      37,987       37,987

NEGOTIATED GRID NET:
Dressed:    3,267      3,267       1,818        1,818       2,284        2,284
Live:         457        457         347          347         596          596
Total:      3,724      3,724       2,165        2,165       2,880        2,880


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   4,732     64.3    660-955      874  181.45-200.19     192.43
65 - 80% Choice   5,146     64.6    671-950      852  184.00-199.88     191.54
35 - 65% Choice   9,702     65.2    674-947      859  174.20-195.10     188.68
 0 - 35% Choice   2,088     64.5    690-899      825  164.47-192.35     189.82
HEIFER
Over 80% Choice   1,620     64.5    727-841      778  188.54-198.33     193.45
65 - 80% Choice   2,401     64.9    708-877      766  186.39-200.31     190.92
35 - 65% Choice   3,767     64.9    681-882      755  174.30-195.52     190.70
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     269     62.6    674-833      774  188.99-197.45     193.05
65 - 80% Choice     526     62.3    663-923      783  188.28-195.64     192.19
35 - 65% Choice     507     63.7    824-927      887  188.64-193.97     190.65
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 30,758     64.7    660-955      832  164.47-200.31     190.62
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     124     64.1    727-727      727  192.35-192.35     192.35
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     579     61.2    713-892      846  179.41-188.97     187.06
65 - 80% Choice   1,195     61.2    671-881      846  184.54-191.75     189.09
35 - 65% Choice     665     61.3    749-874      837  179.66-194.43     187.90
 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      51     63.5  1,450-1,450   1,450 121.00-121.00     121.00
65 - 80% Choice     110     63.5  1,335-1,335   1,335 121.50-121.50     121.50
35 - 65% Choice     835     62.8  1,250-1,300   1,280 118.00-122.04     119.76
 0 - 35% Choice     258     63.2  1,300-1,425   1,400 124.25-124.50     124.45
HEIFER
Over 80% Choice     372     63.4  1,175-1,285   1,258 121.00-122.50     122.14
65 - 80% Choice     304     64.0  1,150-1,150   1,150 120.50-120.50     120.50
35 - 65% Choice     265     63.6  1,100-1,178   1,151 120.50-122.34     121.13
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,195     63.3  1,100-1,450   1,264 118.00-124.50     121.10
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      25     61.4  1,238-1,238   1,238 117.00-117.00     117.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      66     61.0  1,300-1,300   1,300 115.94-115.94     115.94
65 - 80% Choice                        -                    -
35 - 65% Choice      72     61.0  1,300-1,300   1,300 115.96-115.96     115.96
 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      73     62.7    823-827      825  194.68-196.88     195.80
65 - 80% Choice                        -                    -
35 - 65% Choice     133     63.5    857-857      857  192.35-192.35     192.35
 0 - 35% Choice     118     64.3    774-774      774  185.77-185.77     185.77
HEIFER
Over 80% Choice      53     64.2    676-795      766  192.85-196.65     195.72
65 - 80% Choice     139     64.1    812-812      812  192.32-192.32     192.32
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     282     63.5    659-798      752  184.76-205.62     188.64
65 - 80% Choice      51     62.1    732-736      734  189.41-191.48     190.30
35 - 65% Choice     397     63.3    670-764      727  183.24-184.09     183.75
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,246     63.5    659-857      768  183.24-205.62     188.41
MIXED STEER/HEIFER/COW
Over 80% Choice      43     63.7    750-750      750  191.87-191.87     191.87
65 - 80% Choice     140     61.7    780-903      874  173.73-186.98     181.90
35 - 65% Choice     332     61.7    627-917      816  165.49-190.06     182.31
 0 - 35% Choice     541     60.2    688-1,026    901  159.23-184.49     177.02
DAIRYBRED STEER/HEIFER
Over 80% Choice     636     60.6    798-909      882  183.78-193.97     186.67
65 - 80% Choice     260     59.3    836-955      913  179.98-187.55     183.58
35 - 65% Choice      69     59.9    720-754      738  181.72-186.64     184.36
 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                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     137     63.0  1,014-1,014   1,014 114.82-114.82     114.82
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      91     63.4  1,064-1,064   1,064 114.41-114.41     114.41
 0 - 35% Choice     229     63.2  1,177-1,194   1,179 105.78-115.88     114.82
ALL STEERS & HEIFERS
                    457     63.2  1,014-1,194   1,107 105.78-115.88     114.74
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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