Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Tue, Apr 03, 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:   15,021     60,882      10,475       71,498      15,920       44,395
Live:       3,109      9,956       1,848        9,858       2,425       15,422
Total:     18,130     70,838      12,323       81,356      18,345       59,817

NEGOTIATED GRID NET:
Dressed:    2,057      7,103       3,240        9,813       2,260        7,234
Live:           0        721         788        1,591       1,038        1,274
Total:      2,057      7,824       4,028       11,404       3,298        8,508


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,423     63.7    764-927      873  200.64-237.71     226.55
65 - 80% Choice   3,166     65.5    784-953      881  193.55-206.14     201.59
35 - 65% Choice   2,001     64.8    757-906      832  193.59-208.85     198.58
 0 - 35% Choice     153     63.9    783-889      826  198.50-208.10     204.21
HEIFER
Over 80% Choice   1,866     63.7    710-930      787  198.00-237.70     206.71
65 - 80% Choice     672     63.7    689-866      729  185.30-205.23     197.85
35 - 65% Choice     942     64.7    703-904      762  191.78-198.13     195.65
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     682     63.1    705-901      802  192.82-225.03     206.91
65 - 80% Choice     310     62.4    653-911      757  193.13-204.24     199.38
35 - 65% Choice      30     61.2    798-831      810  196.76-200.63     198.18
 0 - 35% Choice      21     61.7    802-802      802  203.96-203.96     203.96
ALL STEERS & HEIFERS
                 11,266     64.4    653-953      827  185.30-237.71     204.63
MIXED STEER/HEIFER/COW
Over 80% Choice     729     65.5    831-905      870  203.05-231.35     217.37
65 - 80% Choice     624     64.9    808-854      823  194.31-204.40     200.84
35 - 65% Choice     435     64.9    779-851      823  187.14-199.89     194.41
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     811     62.0    746-893      855  189.36-209.12     203.02
65 - 80% Choice     985     62.1    702-847      827  191.50-200.72     198.14
35 - 65% Choice     171     56.2    762-800      777  184.22-192.31     187.39
 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     203     63.2  1,325-1,400   1,345 125.50-139.74     130.35
65 - 80% Choice     244     63.4  1,300-1,460   1,419 126.00-126.25     126.06
35 - 65% Choice   1,145     63.3  1,025-1,350   1,160 120.68-127.00     123.04
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     509     63.6  1,150-1,150   1,150 126.50-126.50     126.50
65 - 80% Choice     826     64.0  1,130-1,200   1,155 126.50-127.00     126.76
35 - 65% Choice      28     63.2  1,125-1,125   1,125 122.00-122.00     122.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,955     63.5  1,025-1,460   1,191 120.68-139.74     125.42
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     121     60.0  1,300-1,300   1,300 116.00-116.00     116.00
35 - 65% Choice      33     61.0  1,300-1,300   1,300 123.40-123.40     123.40
 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     134     62.9    756-876      833  202.14-206.18     204.20
65 - 80% Choice                        -                    -
35 - 65% Choice     371     63.3    779-911      853  195.27-205.08     202.08
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      16     65.0    706-706      706  202.77-202.77     202.77
65 - 80% Choice                        -                    -
35 - 65% Choice     167     62.8    705-712      708  193.15-200.54     196.78
 0 - 35% Choice      68     59.2    735-735      735  183.61-183.61     183.61
MIXED STEER/HEIFER
Over 80% Choice     206     63.4    691-943      862  198.61-210.70     203.61
65 - 80% Choice                        -                    -
35 - 65% Choice     115     62.9    737-856      768  179.78-201.87     194.87
 0 - 35% Choice      46     62.0    721-723      722  191.35-192.59     191.92
ALL STEERS & HEIFERS
                  1,123     62.9    691-943      807  179.78-210.70     199.56
MIXED STEER/HEIFER/COW
Over 80% Choice      65     62.3    738-819      785  194.72-204.21     198.66
65 - 80% Choice      89     62.1    734-790      758  194.69-201.01     198.77
35 - 65% Choice     236     60.4    744-954      861  181.09-200.32     195.31
 0 - 35% Choice     296     59.1    780-843      822  176.60-191.31     183.01
DAIRYBRED STEER/HEIFER
Over 80% Choice     107     60.0    820-856      833  192.84-197.18     194.59
65 - 80% Choice                        -                    -
35 - 65% Choice     141     62.0    761-894      794  191.00-193.00     191.50
 0 - 35% Choice                        -                    -


NEGOTIATED GRID 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

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