Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Tue, Jun 12, 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:   21,398     86,133      25,518       84,653      21,872       66,813
Live:       1,934     12,484       1,721       12,067       1,306       13,310
Total:     23,332     98,617      27,239       96,720      23,178       80,123

NEGOTIATED GRID NET:
Dressed:    1,271      6,926       1,487        5,611       1,678        8,803
Live:         128      2,170           0        3,287           0          865
Total:      1,399      9,096       1,487        8,898       1,678        9,668


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,276     63.4    727-941      835  190.91-201.99     196.11
65 - 80% Choice   2,060     64.4    649-919      864  182.38-197.46     192.87
35 - 65% Choice   4,648     64.7    741-947      873  178.55-197.24     191.46
 0 - 35% Choice   1,339     65.1    753-953      883  187.45-195.95     190.38
HEIFER
Over 80% Choice   1,415     65.3    691-834      788  187.54-200.00     193.07
65 - 80% Choice   1,693     64.0    683-797      733  187.20-196.07     193.32
35 - 65% Choice   2,681     64.3    694-825      757  183.42-194.20     191.44
 0 - 35% Choice     186     64.1    851-851      851  195.84-195.84     195.84
MIXED STEER/HEIFER
Over 80% Choice     183     61.8    679-830      729  190.38-198.39     193.95
65 - 80% Choice     590     63.2    698-846      799  190.18-197.62     195.04
35 - 65% Choice   1,602     64.2    707-892      818  191.10-196.28     194.08
 0 - 35% Choice      41     64.8    794-794      794  188.32-188.32     188.32
ALL STEERS & HEIFERS
                 18,714     64.4    649-953      823  178.55-201.99     192.79
MIXED STEER/HEIFER/COW
Over 80% Choice      56     63.9    774-774      774  190.57-190.57     190.57
65 - 80% Choice     208     63.2    779-867      837  188.72-189.59     189.01
35 - 65% Choice     463     64.3    760-832      782  178.63-192.28     188.22
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,256     62.4    761-932      881  185.00-192.94     189.70
65 - 80% Choice     457     62.4    717-930      852  185.76-192.13     189.18
35 - 65% Choice     244     60.8    681-857      795  184.12-191.77     187.57
 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     234     63.0  1,200-1,350   1,324 130.00-138.43     134.55
65 - 80% Choice     220     63.9  1,265-1,450   1,387 121.50-140.52     127.33
35 - 65% Choice   1,161     63.8  1,025-1,350   1,260 118.41-123.02     121.14
 0 - 35% Choice     108     64.8  1,425-1,425   1,425 125.00-125.00     125.00
HEIFER
Over 80% Choice      43     64.0  1,080-1,080   1,080 140.59-140.59     140.59
65 - 80% Choice      74     63.3  1,225-1,225   1,225 121.50-121.50     121.50
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      22     61.9  1,345-1,345   1,345 122.00-122.00     122.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,862     63.7  1,025-1,450   1,288 118.41-140.59     124.25
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      72     61.0  1,300-1,300   1,300 119.89-119.89     119.89
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      36     62.7    824-824      824  198.44-198.44     198.44
65 - 80% Choice      39     62.4    735-735      735  196.73-196.73     196.73
35 - 65% Choice      52     64.1    779-779      779  192.53-192.53     192.53
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     169     64.1    724-768      742  193.47-199.52     194.71
65 - 80% Choice      48     62.7    688-688      688  195.08-195.08     195.08
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     210     63.5    726-890      813  188.42-198.32     193.00
65 - 80% Choice      40     60.9    707-707      707  191.05-191.05     191.05
35 - 65% Choice      48     63.3    710-710      710  192.69-192.69     192.69
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                    642     63.4    688-890      764  188.42-199.52     193.96
MIXED STEER/HEIFER/COW
Over 80% Choice      47     62.8    876-876      876  202.55-202.55     202.55
65 - 80% Choice      48     62.1    777-777      777  193.00-193.00     193.00
35 - 65% Choice     115     59.2    753-835      811  177.48-180.15     178.27
 0 - 35% Choice     211     59.4    831-950      902  169.49-184.85     175.93
DAIRYBRED STEER/HEIFER
Over 80% Choice     137     60.3    746-921      840  181.31-191.00     187.15
65 - 80% Choice      60     60.1    733-760      743  179.66-187.45     184.59
35 - 65% Choice      11     60.3    749-749      749  177.80-177.80     177.80
 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      90     63.7  1,225-1,225   1,225 123.20-123.20     123.20
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                     90     63.7  1,225-1,225   1,225 123.20-123.20     123.20
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      38     60.4  1,358-1,358   1,358 113.91-113.91     113.91
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -


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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