Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Tue, May 08, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 05/07/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   33,837     65,204      13,557       40,114      16,532       49,031
Live:       9,456     10,993       5,530        8,275       7,895       11,162
Total:     43,293     76,197      19,087       48,389      24,427       60,193

NEGOTIATED GRID NET:
Dressed:    3,193      5,548       2,750        4,378       5,055        7,492
Live:       1,296      1,512       2,862        2,862         587          868
Total:      4,489      7,060       5,612        7,240       5,642        8,360


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,930     63.5    723-941      863  186.00-215.62     197.74
65 - 80% Choice   3,760     64.5    736-923      860  186.27-205.38     191.69
35 - 65% Choice  11,445     65.0    776-963      871  175.33-205.79     190.31
 0 - 35% Choice     885     64.7    763-884      830  182.21-195.90     189.52
HEIFER
Over 80% Choice   1,752     63.7    698-866      775  186.97-213.07     196.36
65 - 80% Choice   3,178     64.3    667-905      736  183.64-203.23     190.39
35 - 65% Choice   2,673     64.8    691-883      766  182.25-205.17     190.93
 0 - 35% Choice     168     65.3    678-815      729  189.06-195.03     193.21
MIXED STEER/HEIFER
Over 80% Choice     787     63.3    771-878      808  188.27-213.41     201.77
65 - 80% Choice   1,054     62.8    749-812      778  185.34-205.53     194.61
35 - 65% Choice     805     63.8    698-955      816  177.79-199.60     188.70
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 30,437     64.4    667-963      831  175.33-215.62     192.25
MIXED STEER/HEIFER/COW
Over 80% Choice     384     63.1    777-784      781  191.00-192.00     191.58
65 - 80% Choice     371     66.2    750-833      814  190.38-193.51     192.39
35 - 65% Choice   1,403     65.9    674-842      784  185.01-190.12     187.43
 0 - 35% Choice                        -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     545     59.9    806-852      837  183.55-194.83     192.54
65 - 80% Choice     176     59.1    812-819      815  187.01-193.82     191.00
35 - 65% Choice     455     61.4    770-885      839  182.74-188.08     185.30
 0 - 35% Choice      66     61.0    786-786      786  195.88-195.88     195.88


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     662     63.3  1,221-1,435   1,321 120.00-134.57     124.63
65 - 80% Choice     206     63.5  1,250-1,300   1,285 119.50-123.45     120.89
35 - 65% Choice   3,109     63.6  1,050-1,360   1,214 116.35-124.25     119.00
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice   1,163     64.0  1,095-1,335   1,174 120.50-137.85     131.93
65 - 80% Choice   1,195     64.1  1,100-1,200   1,150 119.50-124.25     121.15
35 - 65% Choice   1,523     64.9  1,050-1,140   1,105 116.57-122.10     119.47
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     386     63.5  1,230-1,320   1,238 133.57-134.57     134.48
65 - 80% Choice      36     62.0  1,128-1,128   1,128 130.00-130.00     130.00
35 - 65% Choice      43     62.5  1,340-1,340   1,340 115.00-115.00     115.00
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  8,323     63.9  1,050-1,435   1,191 115.00-137.85     122.44
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice     154     58.7  1,300-1,407   1,374 109.32-114.41     110.61
65 - 80% Choice     346     59.6  1,325-1,350   1,341 109.10-110.00     109.43
35 - 65% Choice     633     61.5  1,281-1,440   1,329 110.10-116.12     114.24
 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     293     63.7    764-851      833  190.17-203.55     196.90
65 - 80% Choice                        -                    -
35 - 65% Choice     448     65.4    814-849      829  192.77-192.79     192.78
 0 - 35% Choice      88     64.1    735-735      735  188.00-188.00     188.00
HEIFER
Over 80% Choice     281     63.4    709-815      777  193.54-194.27     193.80
65 - 80% Choice                        -                    -
35 - 65% Choice     134     62.7    602-944      852  180.49-186.40     182.08
 0 - 35% Choice      11     63.3    733-733      733  188.00-188.00     188.00
MIXED STEER/HEIFER
Over 80% Choice      12     61.6    731-731      731  205.83-205.83     205.83
65 - 80% Choice      37     64.7    818-818      818  195.47-195.47     195.47
35 - 65% Choice     981     64.6    712-881      803  180.36-192.76     187.31
 0 - 35% Choice     335     65.8    735-857      823  185.48-186.92     185.88
ALL STEERS & HEIFERS
                  2,620     64.5    602-944      810  180.36-205.83     189.79
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     136     62.8    809-809      809  179.60-179.60     179.60
 0 - 35% Choice      64     61.3    812-812      812  162.82-162.82     162.82
DAIRYBRED STEER/HEIFER
Over 80% Choice     231     60.6    824-889      852  181.16-191.29     185.51
65 - 80% Choice     142     60.2    729-848      817  175.56-182.66     181.12
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                        -                    -
35 - 65% Choice      93     63.5  1,160-1,160   1,160 120.00-120.00     120.00
 0 - 35% Choice     259     63.4  1,194-1,194   1,194 118.84-118.84     118.84
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     239     63.1  1,100-1,125   1,117 116.57-116.60     116.58
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      61     61.9  1,103-1,161   1,147 114.57-121.00     116.15
 0 - 35% Choice     463     62.2  1,086-1,257   1,134 110.58-119.50     116.29
ALL STEERS & HEIFERS
                  1,115     62.7  1,086-1,257   1,147 110.58-121.00     117.25
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      80     59.6  1,281-1,281   1,281 111.26-111.26     111.26
65 - 80% Choice     101     58.6  1,272-1,272   1,272 107.48-107.48     107.48
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

1100C






.

1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Representative Lucas discusses new Farm Bill
4. U.S. May consumer sentiment highest in nearly 6 years
5. Cattle producers turn to MSU for reproduction class
6. NCBA Op-Ed: EPA’s data sharing incident a debacle

1. New school lunch beef recipes win approval from kids, foodservice
2. Prices for corn and soybeans, five years from now
3. Drier weather to give big boost to U.S. corn plantings
4. Agriculture is expected to remain strong in the coming decade
5. What sick day? Farmers take just three a year
6. Insects. They’re what’s for dinner!

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop