Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Fri, Jun 01, 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:   23,592    151,744      15,849      184,383       6,767      145,603
Live:       2,158     27,732       1,300       32,598       1,987       28,399
Total:     25,750    179,476      17,149      216,981       8,754      174,002

NEGOTIATED GRID NET:
Dressed:    1,622     18,571       1,193       21,458       2,318       19,593
Live:         153      4,501         107        8,289           0        3,749
Total:      1,775     23,072       1,300       29,747       2,318       23,342


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,795     63.7    744-955      865  191.63-211.68     197.23
65 - 80% Choice   1,962     64.8    755-932      859  188.37-201.43     195.93
35 - 65% Choice   8,210     64.9    684-930      857  186.12-198.72     193.26
 0 - 35% Choice   1,125     64.4    708-878      753  184.52-195.40     186.66
HEIFER
Over 80% Choice      50     63.8    819-819      819  200.69-200.69     200.69
65 - 80% Choice   1,232     64.9    715-845      779  188.89-198.13     193.16
35 - 65% Choice   2,328     64.8    732-873      763  186.98-195.21     191.95
 0 - 35% Choice      40     64.4    719-719      719  189.45-189.45     189.45
MIXED STEER/HEIFER
Over 80% Choice     760     62.7    663-845      752  190.17-211.68     201.62
65 - 80% Choice     923     61.8    659-835      743  190.14-197.97     193.26
35 - 65% Choice     442     62.5    687-839      768  192.65-195.79     194.70
 0 - 35% Choice     179     65.3    694-730      726  189.35-192.17     189.67
ALL STEERS & HEIFERS
                 20,046     64.4    659-955      824  184.52-211.68     193.87
MIXED STEER/HEIFER/COW
Over 80% Choice     130     62.0    799-799      799  202.38-202.38     202.38
65 - 80% Choice   1,011     66.2    805-847      817  193.59-195.67     195.00
35 - 65% Choice     962     65.9    699-853      811  191.13-195.56     193.60
 0 - 35% Choice      52     63.0    807-807      807  186.04-186.04     186.04
DAIRYBRED STEER/HEIFER
Over 80% Choice     380     60.7    808-820      817  188.66-199.11     190.44
65 - 80% Choice     607     61.7    781-948      844  178.14-190.76     187.69
35 - 65% Choice     404     60.4    722-854      779  181.74-186.30     185.50
 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     160     62.5  1,400-1,400   1,400 124.46-124.46     124.46
65 - 80% Choice      36     62.8  1,350-1,350   1,350 121.00-121.00     121.00
35 - 65% Choice     629     63.7  1,210-1,300   1,240 120.53-121.50     121.14
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice      91     63.0  1,175-1,175   1,175 122.46-122.46     122.46
65 - 80% Choice      70     63.7  1,210-1,210   1,210 122.00-122.00     122.00
35 - 65% Choice     361     63.6  1,165-1,240   1,210 121.00-121.50     121.10
 0 - 35% Choice     150     64.5  1,210-1,210   1,210 121.50-121.50     121.50
MIXED STEER/HEIFER
Over 80% Choice     227     63.5  1,450-1,450   1,450 124.00-124.00     124.00
65 - 80% Choice                        -                    -
35 - 65% Choice     217     63.8  1,240-1,300   1,274 119.75-120.25     119.96
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,941     63.6  1,165-1,450   1,272 119.75-124.46     121.73
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     143     61.0  1,300-1,300   1,300 112.00-112.00     112.00
35 - 65% Choice      74     61.0  1,300-1,300   1,300 116.53-116.53     116.53
 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      58     62.3    786-799      794  189.53-198.11     193.08
65 - 80% Choice                        -                    -
35 - 65% Choice      44     63.3    868-868      868  196.73-196.73     196.73
 0 - 35% Choice     124     62.0    807-953      860  186.33-189.23     188.18
HEIFER
Over 80% Choice      40     62.0    708-708      708  196.09-196.09     196.09
65 - 80% Choice     144     63.4    792-792      792  196.51-196.51     196.51
35 - 65% Choice     144     63.5    677-737      700  184.24-190.70     186.66
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     301     63.2    699-857      774  190.20-200.07     195.41
65 - 80% Choice      73     62.8    667-776      716  191.42-198.59     195.35
35 - 65% Choice     119     64.0    715-808      766  185.67-192.65     189.96
 0 - 35% Choice      97     63.2    704-739      708  190.09-194.45     193.96
ALL STEERS & HEIFERS
                  1,144     63.1    667-953      769  184.24-200.07     192.92
MIXED STEER/HEIFER/COW
Over 80% Choice      86     64.1    735-798      766  193.00-195.03     194.04
65 - 80% Choice     299     64.6    797-797      797  193.00-193.00     193.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      33     60.4    766-842      807  185.94-187.40     186.74
65 - 80% Choice      60     60.9    771-829      802  183.27-184.96     184.17
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
  No Reportable Trade.
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     106     63.0  1,225-1,225   1,225 123.00-123.00     123.00
35 - 65% Choice      47     62.5  1,268-1,268   1,268 117.99-117.99     117.99
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    153     62.8  1,225-1,268   1,238 117.99-123.00     121.46
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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