Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Mon, May 14, 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:   23,285     23,285      31,286       31,286      34,611       34,611
Live:       2,425      2,425       1,537        1,537       1,939        1,939
Total:     25,710     25,710      32,823       32,823      36,550       36,550

NEGOTIATED GRID NET:
Dressed:    1,818      1,818       2,355        2,355       2,146        2,146
Live:         347        347         216          216         837          837
Total:      2,165      2,165       2,571        2,571       2,983        2,983


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,930     64.5    697-937      844  178.76-208.10     194.09
65 - 80% Choice   3,459     64.8    734-923      852  180.43-196.05     191.60
35 - 65% Choice   5,049     65.7    742-971      856  182.77-195.95     189.79
 0 - 35% Choice   1,883     64.9    809-907      852  185.03-192.84     190.39
HEIFER
Over 80% Choice   1,288     64.8    723-867      777  189.41-203.74     194.62
65 - 80% Choice   1,709     65.6    693-868      793  185.00-195.09     189.69
35 - 65% Choice   2,852     65.3    709-833      766  184.02-194.09     189.01
 0 - 35% Choice     342     64.3    780-891      809  174.62-190.77     186.24
MIXED STEER/HEIFER
Over 80% Choice     260     64.0    767-832      782  192.84-198.12     195.54
65 - 80% Choice     535     62.6    724-878      760  189.24-196.66     193.09
35 - 65% Choice     555     63.5    711-910      835  189.24-194.43     192.75
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 20,862     65.0    693-971      826  174.62-208.10     191.11
MIXED STEER/HEIFER/COW
Over 80% Choice      53     62.2    738-738      738  189.85-189.85     189.85
65 - 80% Choice     834     65.2    786-827      812  190.24-194.83     192.74
35 - 65% Choice     493     65.0    761-780      767  186.96-189.66     187.90
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     582     60.5    753-879      835  183.10-192.20     189.16
65 - 80% Choice     212     59.0    729-847      788  185.69-188.04     186.29
35 - 65% Choice     104     60.8    771-815      801  186.80-187.51     187.28
 0 - 35% Choice     145     61.0    778-778      778  183.00-183.00     183.00


FORMULA 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   1,052     63.7  1,250-1,325   1,282 119.00-121.00     120.26
 0 - 35% Choice      77     64.0  1,325-1,325   1,325 120.00-120.00     120.00
HEIFER
Over 80% Choice     595     62.9  1,086-1,106   1,099 120.00-120.00     120.00
65 - 80% Choice                        -                    -
35 - 65% Choice     438     64.0  1,150-1,240   1,181 120.00-120.50     120.42
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                  2,162     63.6  1,086-1,325   1,213 119.00-121.00     120.21
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     173     60.2  1,300-1,409   1,388 113.00-115.43     113.46
65 - 80% Choice                        -                    -
35 - 65% Choice      90     61.0  1,350-1,350   1,350 113.00-113.00     113.00
 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      63     62.8    824-824      824  188.76-188.76     188.76
65 - 80% Choice                        -                    -
35 - 65% Choice      82     63.7    737-890      817  188.54-194.17     191.22
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      91     63.4    701-701      701  198.32-198.32     198.32
35 - 65% Choice                        -                    -
 0 - 35% Choice     120     62.0    900-970      937  170.34-171.22     170.73
MIXED STEER/HEIFER
Over 80% Choice     140     62.7    680-841      735  190.24-198.20     194.77
65 - 80% Choice      37     61.0    653-749      704  187.14-191.57     189.53
35 - 65% Choice     328     63.4    722-871      859  185.03-189.43     186.24
 0 - 35% Choice      33     63.4    919-919      919  185.41-185.41     185.41
ALL STEERS & HEIFERS
                    894     63.0    653-970      824  170.34-198.32     187.46
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice      35     61.1    781-781      781  188.82-188.82     188.82
35 - 65% Choice      34     58.3    785-785      785  181.28-181.28     181.28
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     475     60.0    773-918      844  181.47-191.00     185.31
65 - 80% Choice     306     60.8    673-776      764  182.05-189.85     186.57
35 - 65% Choice      74     59.9    794-794      794  182.61-182.61     182.61
 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                        -                    -
65 - 80% Choice     347     63.5  1,275-1,350   1,288 122.12-122.16     122.15
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    347     63.5  1,275-1,350   1,288 122.12-122.16     122.15
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

1500C






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