Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Mon, May 14, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Friday Afternoon, 05/11/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   12,618    194,165      10,706      168,242      16,677      175,048
Live:       6,617     43,318       8,070       46,085       4,530       46,605
Total:     19,235    237,483      18,776      214,327      21,207      221,653

NEGOTIATED GRID NET:
Dressed:    1,592     26,172       2,191       24,063       5,208       29,862
Live:         206      7,331         548        7,572         626        7,819
Total:      1,798     33,503       2,739       31,635       5,834       37,681


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     950     63.9    759-925      861  190.07-198.08     193.76
65 - 80% Choice   1,286     63.5    644-936      849  172.03-196.54     191.93
35 - 65% Choice   2,801     64.9    574-949      856  173.24-194.00     187.35
 0 - 35% Choice     667     64.6    666-875      798  170.38-192.92     187.50
HEIFER
Over 80% Choice   1,104     64.0    712-867      799  191.00-193.56     193.44
65 - 80% Choice   1,380     64.1    592-858      739  180.22-195.73     191.87
35 - 65% Choice   1,527     64.3    566-836      766  175.99-193.56     190.27
 0 - 35% Choice      15     63.1    706-706      706  192.22-192.22     192.22
MIXED STEER/HEIFER
Over 80% Choice     742     62.5    680-871      767  187.84-197.67     194.07
65 - 80% Choice     439     63.3    569-909      795  181.00-202.40     195.48
35 - 65% Choice     146     62.2    630-781      694  170.89-184.20     176.54
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 11,057     64.1    566-949      809  170.38-202.40     190.65
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice     112     61.7    747-869      798  183.29-192.00     189.25
35 - 65% Choice     716     66.0    712-833      805  175.81-188.03     183.36
 0 - 35% Choice     111     65.5    769-769      769  189.34-189.34     189.34
DAIRYBRED STEER/HEIFER
Over 80% Choice     157     61.5    816-906      823  183.12-187.23     183.91
65 - 80% Choice     151     60.3    783-876      836  173.60-183.09     177.90
35 - 65% Choice     132     62.1    866-970      917  163.00-182.08     173.04
 0 - 35% Choice     182     60.4    734-755      750  175.16-183.00     181.32


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     656     63.6  1,225-1,366   1,325 117.38-123.92     121.50
65 - 80% Choice     140     63.0  1,250-1,250   1,250 120.00-120.00     120.00
35 - 65% Choice   1,881     63.5  1,250-1,375   1,298 119.45-126.60     121.27
 0 - 35% Choice     987     63.5  1,039-1,307   1,170 116.63-125.80     118.71
HEIFER
Over 80% Choice     144     63.5  1,100-1,200   1,153 120.00-121.00     120.53
65 - 80% Choice   1,066     64.4  1,135-1,200   1,164 120.50-124.25     121.18
35 - 65% Choice     480     64.5  1,075-1,200   1,177 120.00-124.25     123.22
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     221     63.8  1,095-1,455   1,331 127.37-133.06     131.10
65 - 80% Choice                        -                    -
35 - 65% Choice      36     62.5  1,150-1,150   1,150 118.60-118.60     118.60
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  5,611     63.8  1,039-1,455   1,238 116.63-133.06     121.32
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     659     60.7  1,328-1,419   1,356 109.00-115.88     111.85
35 - 65% Choice     347     60.9  1,325-1,375   1,350 110.00-113.03     112.66
 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     450     64.4    744-966      866  186.52-202.25     194.90
65 - 80% Choice     119     64.0    821-821      821  202.09-202.09     202.09
35 - 65% Choice     254     62.8    681-908      778  182.34-193.56     191.11
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     120     61.8    665-665      665  194.23-194.23     194.23
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice     530     63.1    746-875      789  190.38-198.20     194.96
65 - 80% Choice                        -                    -
35 - 65% Choice      12     64.1    805-805      805  193.89-193.89     193.89
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  1,485     63.4    665-966      803  182.34-202.25     194.79
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      35     59.3    855-855      855  187.17-187.17     187.17
65 - 80% Choice      72     59.6    811-811      811  180.69-180.69     180.69
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     146     62.4  1,336-1,336   1,336 123.62-123.62     123.62
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      60     63.5  1,300-1,300   1,300 120.00-120.00     120.00
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    206     62.7  1,300-1,336   1,326 120.00-123.62     122.57
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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