Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Thu, May 24, 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:   11,596    152,983      12,189      159,383      12,253      140,989
Live:       1,282     26,373       1,259       23,970       1,046       31,859
Total:     12,878    179,356      13,448      183,353      13,299      172,848

NEGOTIATED GRID NET:
Dressed:    1,472     18,252       1,687       16,524       1,957       20,566
Live:         478      5,233           0        3,436           0        1,813
Total:      1,950     23,485       1,687       19,960       1,957       22,379


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,180     64.6    719-945      856  192.59-200.72     195.12
65 - 80% Choice     620     63.9    771-880      829  195.00-199.30     196.75
35 - 65% Choice   4,381     64.7    614-905      789  177.04-198.50     191.59
 0 - 35% Choice     943     65.5    694-917      769  187.15-193.08     188.80
HEIFER
Over 80% Choice     483     63.8    714-848      754  195.40-201.87     198.52
65 - 80% Choice     384     64.9    709-890      781  190.15-201.02     194.27
35 - 65% Choice     967     65.6    657-849      783  189.36-197.38     193.36
 0 - 35% Choice     118     65.4    737-737      737  184.91-184.91     184.91
MIXED STEER/HEIFER
Over 80% Choice     519     63.0    685-927      780  193.32-201.97     197.26
65 - 80% Choice     260     61.4    583-892      719  177.42-193.40     191.51
35 - 65% Choice     411     62.8    703-871      779  192.94-199.64     195.91
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 10,266     64.5    583-945      792  177.04-201.97     193.03
MIXED STEER/HEIFER/COW
Over 80% Choice     432     63.3    672-851      767  192.17-200.98     194.05
65 - 80% Choice                        -                    -
35 - 65% Choice     442     65.6    837-854      847  192.12-195.00     193.26
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     60.9    841-841      841  188.63-188.63     188.63
65 - 80% Choice     111     59.1    816-816      816  181.71-181.71     181.71
35 - 65% Choice     300     62.6    799-831      818  180.25-192.15     182.51
 0 - 35% Choice      12     61.3    821-821      821  191.56-191.56     191.56


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice      33     63.0  1,400-1,400   1,400 123.84-123.84     123.84
65 - 80% Choice      39     63.0  1,300-1,300   1,300 122.74-122.74     122.74
35 - 65% Choice     520     63.6  1,250-1,300   1,258 123.00-125.34     123.81
 0 - 35% Choice      80     64.0  1,280-1,280   1,280 125.47-125.47     125.47
HEIFER
Over 80% Choice     241     63.1  1,218-1,300   1,231 122.74-127.64     126.87
65 - 80% Choice                        -                    -
35 - 65% Choice     272     63.3  1,150-1,350   1,255 123.50-125.62     124.07
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      64     63.2  1,075-1,075   1,075 123.00-123.00     123.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,249     63.4  1,075-1,400   1,249 122.74-127.64     124.49
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     61.0  1,300-1,300   1,300 118.49-118.49     118.49
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 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      86     64.2    900-900      900  195.00-195.00     195.00
65 - 80% Choice     251     65.2    766-865      811  192.00-192.00     192.00
35 - 65% Choice     316     65.5    768-883      827  181.62-189.46     185.47
 0 - 35% Choice      25     62.3    740-740      740  187.76-187.76     187.76
HEIFER
Over 80% Choice      40     63.0    736-736      736  191.97-191.97     191.97
65 - 80% Choice                        -                    -
35 - 65% Choice     188     63.6    698-741      717  187.09-189.54     188.47
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     117     63.5    788-835      824  195.63-195.69     195.64
65 - 80% Choice     119     63.2    717-842      805  192.00-198.25     193.58
35 - 65% Choice     184     62.2    676-896      812  180.94-192.00     191.12
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,326     64.1    676-900      804  180.94-198.25     190.40
MIXED STEER/HEIFER/COW
Over 80% Choice      18     62.8    787-787      787  184.40-184.40     184.40
65 - 80% Choice      80     63.4    748-748      748  186.09-186.09     186.09
35 - 65% Choice                        -                    -
 0 - 35% Choice      33     55.1    757-757      757  174.44-174.44     174.44
DAIRYBRED STEER/HEIFER
Over 80% Choice      15     61.1    854-854      854  197.27-197.27     197.27
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 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      90     63.3  1,292-1,292   1,292 124.10-124.10     124.10
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     267     63.5  1,400-1,400   1,400 120.87-120.87     120.87
35 - 65% Choice     121     63.7  1,325-1,325   1,325 123.50-123.50     123.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    478     63.5  1,292-1,400   1,361 120.87-124.10     122.14
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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