Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Fri, Apr 27, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday Afternoon, 04/26/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   10,016    140,366      12,540      146,337       4,758      133,962
Live:       6,356     34,686       5,692       31,361       6,699       39,063
Total:     16,372    175,052      18,232      177,698      11,457      173,025

NEGOTIATED GRID NET:
Dressed:    1,715     18,033       2,584       18,680       1,619       20,992
Live:       1,705      7,230         386        5,784       1,234        3,732
Total:      3,420     25,263       2,970       24,464       2,853       24,724


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     757     63.2    779-898      824  197.36-217.25     207.32
65 - 80% Choice   1,112     64.3    793-906      860  192.01-202.01     196.01
35 - 65% Choice   1,453     65.3    786-912      853  181.87-200.10     190.76
 0 - 35% Choice     820     63.6    795-859      814  184.59-200.21     196.57
HEIFER
Over 80% Choice     292     62.9    679-754      712  201.02-217.05     209.91
65 - 80% Choice   1,074     64.3    702-778      741  184.74-195.11     193.45
35 - 65% Choice   1,162     64.5    723-799      749  186.96-199.07     193.69
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     826     63.4    678-904      809  191.44-217.05     205.65
65 - 80% Choice     353     63.0    706-783      742  197.15-200.33     199.57
35 - 65% Choice     172     62.7    719-802      761  193.67-201.11     198.63
 0 - 35% Choice     140     62.1    685-829      739  192.64-199.92     197.16
ALL STEERS & HEIFERS
                  8,161     64.1    678-912      800  181.87-217.25     197.22
MIXED STEER/HEIFER/COW
Over 80% Choice      24     60.7    817-817      817  194.39-194.39     194.39
65 - 80% Choice     285     65.2    764-795      773  186.84-195.12     192.74
35 - 65% Choice     519     65.4    751-838      802  187.02-197.49     193.87
 0 - 35% Choice      15     64.3    914-914      914  163.94-163.94     163.94
DAIRYBRED STEER/HEIFER
Over 80% Choice     664     61.8    781-897      849  189.29-191.20     190.61
65 - 80% Choice     348     61.6    748-891      851  189.10-190.61     189.71
35 - 65% Choice                        -                    -
 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     899     63.1  1,289-1,454   1,352 123.50-127.52     125.90
65 - 80% Choice   1,533     63.5  1,056-1,375   1,302 118.69-126.51     123.87
35 - 65% Choice   1,477     63.2  1,158-1,325   1,253 116.73-126.25     120.27
 0 - 35% Choice     338     64.6  1,116-1,300   1,221 118.86-126.25     123.08
HEIFER
Over 80% Choice     529     63.5  1,060-1,250   1,126 124.44-126.11     124.90
65 - 80% Choice     597     64.0  1,175-1,300   1,215 122.00-126.25     123.09
35 - 65% Choice     177     65.0  1,225-1,225   1,225 126.25-126.25     126.25
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      35     61.0  1,262-1,262   1,262 132.43-132.43     132.43
65 - 80% Choice     195     62.5  1,217-1,217   1,217 124.64-124.64     124.64
35 - 65% Choice      39     63.5  1,180-1,180   1,180 122.95-122.95     122.95
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,819     63.5  1,056-1,454   1,261 116.73-132.43     123.38
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     61.0  1,300-1,300   1,300 116.91-116.91     116.91
65 - 80% Choice                        -                    -
35 - 65% Choice     504     61.0  1,300-1,350   1,339 116.40-118.88     116.96
 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     216     62.9    774-893      819  191.40-200.44     197.33
65 - 80% Choice     282     63.0    768-881      832  196.13-201.87     200.26
35 - 65% Choice     153     64.0    868-868      868  201.88-201.88     201.88
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     165     64.1    757-757      757  201.80-201.80     201.80
65 - 80% Choice                        -                    -
35 - 65% Choice      42     62.7    753-753      753  201.80-201.80     201.80
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     479     62.8    700-875      807  191.91-201.90     196.49
65 - 80% Choice      16     62.1    838-838      838  196.21-196.21     196.21
35 - 65% Choice                        -                    -
 0 - 35% Choice     180     65.2    763-832      797  168.30-173.58     170.91
ALL STEERS & HEIFERS
                  1,533     63.4    700-893      812  168.30-201.90     195.55
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     146     61.1    791-880      829  187.46-192.03     189.50
65 - 80% Choice      15     63.0    828-828      828  187.08-187.08     187.08
35 - 65% Choice      21     58.8    766-766      766  186.06-186.06     186.06
 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     270     62.6  1,254-1,428   1,344 121.00-123.00     121.96
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      74     62.9  1,234-1,474   1,429 116.17-121.00     117.08
HEIFER
Over 80% Choice      81     61.6  1,204-1,204   1,204 125.00-125.00     125.00
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice      84     60.0  1,393-1,393   1,393 117.82-117.82     117.82
MIXED STEER/HEIFER
Over 80% Choice      42     63.5  1,235-1,235   1,235 125.48-125.48     125.48
65 - 80% Choice     211     62.9  1,097-1,236   1,214 116.00-125.62     122.74
35 - 65% Choice     460     62.6  1,065-1,209   1,171 116.00-119.00     117.96
 0 - 35% Choice     185     62.3  1,198-1,248   1,209 117.03-119.11     117.49
ALL STEERS & HEIFERS
                  1,407     62.4  1,065-1,474   1,246 116.00-125.62     119.96
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      47     63.2  1,233-1,233   1,233 123.96-123.96     123.96
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     116     61.1  1,307-1,336   1,326 115.00-117.87     116.88
65 - 80% Choice                        -                    -
35 - 65% Choice     135     58.0  1,312-1,313   1,313 102.56-114.50     105.83
 0 - 35% Choice                        -                    -


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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