Direct Slaughter Cattle - Formulated Purchases - Afternoon

LM_CT108
St. Joseph, MO    Fri, Jul 27, 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:   13,203    207,283      11,006      204,327       7,428      167,232
Live:       2,459     40,896       2,443       36,142       2,257       41,719
Total:     15,662    248,179      13,449      240,469       9,685      208,951

NEGOTIATED GRID NET:
Dressed:    1,409     19,866       2,182       22,873       1,440       14,145
Live:           0      4,413           0        3,891           0        5,010
Total:      1,409     24,279       2,182       26,764       1,440       19,155


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     733     64.5    897-921      910  178.79-184.12     180.10
65 - 80% Choice     870     64.5    692-887      788  176.09-182.73     178.73
35 - 65% Choice   3,180     65.9    695-986      850  169.48-181.92     175.82
 0 - 35% Choice   2,295     64.4    632-928      765  162.63-179.00     170.97
HEIFER
Over 80% Choice     372     63.1    765-861      818  178.40-187.70     181.99
65 - 80% Choice     932     64.2    717-841      783  179.00-184.81     181.50
35 - 65% Choice   1,237     65.7    704-876      768  174.04-180.88     176.03
 0 - 35% Choice     147     65.9    769-769      769  175.85-175.85     175.85
MIXED STEER/HEIFER
Over 80% Choice     410     61.4    674-836      740  176.63-184.76     178.57
65 - 80% Choice     171     62.8    750-913      798  175.99-184.56     181.94
35 - 65% Choice     186     62.8    713-939      821  165.35-180.89     175.65
 0 - 35% Choice      95     63.0    654-654      654  172.58-172.58     172.58
ALL STEERS & HEIFERS
                 10,628     64.8    632-986      806  162.63-187.70     176.22
MIXED STEER/HEIFER/COW
Over 80% Choice      78     63.9    793-793      793  182.72-182.72     182.72
65 - 80% Choice     639     65.4    804-850      826  179.59-184.11     181.93
35 - 65% Choice     502     64.2    706-819      729  174.75-177.04     176.11
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     584     62.4    811-900      869  169.65-179.39     177.87
65 - 80% Choice     136     62.2    868-868      868  177.55-177.55     177.55
35 - 65% Choice     575     61.0    821-882      854  165.12-176.33     174.19
 0 - 35% Choice      61     60.4    814-814      814  168.71-168.71     168.71


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      87     63.4  1,481-1,481   1,481 112.90-112.90     112.90
35 - 65% Choice     990     64.5  1,325-1,440   1,388 113.50-116.00     114.96
 0 - 35% Choice     388     63.4  1,300-1,325   1,318 113.00-113.00     113.00
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     765     64.3  1,160-1,350   1,243 113.50-118.58     115.41
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     134     63.1  1,375-1,375   1,375 112.90-112.90     112.90
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,364     64.1  1,160-1,481   1,332 112.90-118.58     114.59
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      95     62.0  1,400-1,400   1,400 107.00-107.00     107.00
 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     191     63.7    792-846      818  177.72-188.27     184.58
65 - 80% Choice     131     63.8    794-892      839  174.68-180.42     177.96
35 - 65% Choice      33     63.5    833-833      833  174.44-174.44     174.44
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     112     63.7    710-791      761  182.10-183.35     182.57
65 - 80% Choice     227     64.4    716-807      760  181.31-186.74     184.08
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice      69     64.2    721-837      785  180.45-186.65     183.24
65 - 80% Choice     107     62.9    743-850      770  169.62-181.21     178.35
35 - 65% Choice     181     63.8    726-946      834  168.81-177.37     173.46
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,051     63.8    710-946      798  168.81-188.27     180.48
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      33     54.0    710-710      710  162.02-162.02     162.02
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     277     60.0    742-859      811  168.56-175.60     172.94
65 - 80% Choice      48     59.5    756-844      776  172.80-175.07     174.55
35 - 65% Choice                        -                    -
 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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