Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Wed, May 02, 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:   29,978    108,689      21,757       96,258      20,117       88,626
Live:       3,049     21,941       2,586       21,693       3,416       27,718
Total:     33,027    130,630      24,343      117,951      23,533      116,344

NEGOTIATED GRID NET:
Dressed:    2,098     10,114       3,008       10,498       2,652       12,351
Live:           0      4,169       1,293        4,322         405        2,636
Total:      2,098     14,283       4,301       14,820       3,057       14,987


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,796     64.3    765-972      883  188.51-212.01     197.33
65 - 80% Choice   3,727     65.1    719-964      858  184.05-196.52     192.16
35 - 65% Choice  10,390     64.9    754-936      863  188.38-209.12     193.15
 0 - 35% Choice     921     64.7    662-856      818  173.54-194.23     191.85
HEIFER
Over 80% Choice   1,234     64.9    754-860      792  190.01-200.57     195.25
65 - 80% Choice   1,939     64.4    673-887      802  186.78-200.72     194.09
35 - 65% Choice   2,070     64.8    744-898      782  180.88-200.11     193.78
 0 - 35% Choice     709     63.3    671-717      689  193.77-204.03     200.04
MIXED STEER/HEIFER
Over 80% Choice     501     63.1    698-894      799  191.80-209.02     197.44
65 - 80% Choice     171     61.2    728-843      781  188.30-197.44     193.60
35 - 65% Choice     492     61.6    717-821      763  181.72-196.84     193.65
 0 - 35% Choice      48     64.5    894-894      894  195.27-195.27     195.27
ALL STEERS & HEIFERS
                 24,998     64.7    662-972      839  173.54-212.01     193.95
MIXED STEER/HEIFER/COW
Over 80% Choice     306     65.1    809-874      819  194.11-198.00     194.67
65 - 80% Choice   1,285     65.5    751-864      812  190.60-198.02     193.43
35 - 65% Choice     174     65.7    829-829      829  192.96-192.96     192.96
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     740     59.5    705-851      800  177.31-200.17     192.34
65 - 80% Choice   1,635     60.9    764-902      841  181.79-197.04     190.51
35 - 65% Choice     840     62.0    764-868      824  178.57-196.70     189.02
 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      40     64.2  1,365-1,365   1,365 123.41-123.41     123.41
65 - 80% Choice                        -                    -
35 - 65% Choice   1,965     64.1  1,240-1,361   1,292 119.50-122.63     120.80
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     257     62.7  1,170-1,170   1,170 119.00-119.00     119.00
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     168     64.0  1,225-1,400   1,256 119.30-121.99     119.78
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,430     64.0  1,170-1,400   1,278 119.00-123.41     120.59
MIXED STEER/HEIFER/COW
 No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     110     59.1  1,353-1,353   1,353 113.41-113.41     113.41
65 - 80% Choice     111     60.9  1,250-1,400   1,330 110.00-116.58     112.68
35 - 65% Choice     398     60.4  1,300-1,375   1,332 110.00-113.00     112.29
 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      87     60.9    731-746      737  193.47-197.38     195.13
65 - 80% Choice     164     62.7    767-767      767  197.57-197.57     197.57
35 - 65% Choice     260     63.3    612-841      725  190.52-196.96     192.40
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      20     62.2    835-835      835  196.02-196.02     196.02
65 - 80% Choice                        -                    -
35 - 65% Choice     209     63.5    601-748      681  185.89-193.25     190.30
 0 - 35% Choice      16     60.4    719-719      719  179.30-179.30     179.30
MIXED STEER/HEIFER
Over 80% Choice     125     62.0    699-867      827  196.50-203.63     198.21
65 - 80% Choice     334     62.0    633-818      749  179.38-199.67     194.79
35 - 65% Choice      94     62.7    686-756      716  170.02-189.72     186.99
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,309     62.6    601-867      741  170.02-203.63     193.57
MIXED STEER/HEIFER/COW
Over 80% Choice      41     62.8    727-727      727  192.45-192.45     192.45
65 - 80% Choice      79     60.4    782-806      795  182.30-194.14     188.59
35 - 65% Choice     139     61.3    737-803      756  178.92-184.87     182.87
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     315     62.0    763-933      842  184.70-197.90     189.81
65 - 80% Choice      15     55.8    682-682      682  184.57-184.57     184.57
35 - 65% Choice     200     60.3    726-726      726  189.50-189.50     189.50
 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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