Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Tue, May 22, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday Afternoon, 05/21/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   30,609     63,964      13,488       36,773      14,082       49,391
Live:       9,114     11,472       6,231        8,656       7,232        9,910
Total:     39,723     75,436      19,719       45,429      21,314       59,301

NEGOTIATED GRID NET:
Dressed:    3,961      7,664       3,069        4,887       5,454        7,738
Live:       1,735      2,192       1,136        1,483         252          848
Total:      5,696      9,856       4,205        6,370       5,706        8,586


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   3,346     64.1    707-987      859  188.16-216.32     194.26
65 - 80% Choice   4,213     64.6    709-937      861  184.50-204.84     191.93
35 - 65% Choice   7,478     64.8    754-933      874  184.11-196.26     191.22
 0 - 35% Choice   1,020     64.0    758-947      830  175.78-203.52     192.41
HEIFER
Over 80% Choice   2,077     64.1    681-920      801  188.16-215.30     194.47
65 - 80% Choice   1,738     64.6    672-857      777  187.17-204.04     191.50
35 - 65% Choice   3,422     65.4    682-900      797  172.62-198.94     190.17
 0 - 35% Choice      91     64.9    754-939      817  170.03-185.22     180.14
MIXED STEER/HEIFER
Over 80% Choice   2,310     63.2    647-920      811  192.00-219.14     201.29
65 - 80% Choice   1,171     63.7    678-938      866  186.68-193.00     191.76
35 - 65% Choice     921     63.7    782-925      837  190.55-192.82     191.81
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 27,787     64.5    647-987      841  170.03-219.14     192.71
MIXED STEER/HEIFER/COW
Over 80% Choice      82     65.3    785-811      798  190.00-195.00     192.56
65 - 80% Choice     850     65.0    797-863      830  189.33-194.92     193.02
35 - 65% Choice   1,392     65.1    643-837      786  169.69-190.61     187.43
 0 - 35% Choice     113     62.7    768-790      780  161.56-182.43     172.64
DAIRYBRED STEER/HEIFER
Over 80% Choice     106     60.5    843-932      857  174.80-188.78     186.54
65 - 80% Choice      37     59.6    784-784      784  174.13-174.13     174.13
35 - 65% Choice     242     60.9    825-825      825  187.92-187.92     187.92
 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   1,660     63.6  1,200-1,425   1,318 116.15-140.60     126.64
65 - 80% Choice     168     63.5  1,275-1,350   1,322 123.95-124.50     124.25
35 - 65% Choice   2,898     63.5  1,050-1,375   1,247 119.60-123.50     121.52
 0 - 35% Choice     527     64.1  1,300-1,385   1,363 120.50-127.09     122.67
HEIFER
Over 80% Choice     638     63.4  1,118-1,350   1,252 115.88-140.65     125.56
65 - 80% Choice     203     64.0  1,069-1,175   1,081 123.00-124.45     123.16
35 - 65% Choice   1,365     63.5  1,050-1,225   1,126 119.54-123.45     121.42
 0 - 35% Choice      74     65.0  1,150-1,150   1,150 127.37-127.37     127.37
MIXED STEER/HEIFER
Over 80% Choice     777     62.9  1,216-1,350   1,304 123.82-136.78     132.40
65 - 80% Choice     121     61.7  1,260-1,260   1,260 123.14-123.14     123.14
35 - 65% Choice     196     63.1  1,175-1,340   1,258 117.00-122.45     121.17
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  8,627     63.5  1,050-1,425   1,251 115.88-140.65     123.99
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice      33     61.0  1,250-1,250   1,250 118.41-118.41     118.41
35 - 65% Choice     454     59.9  1,243-1,388   1,271 111.27-114.45     113.36
 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     794     63.7    715-986      890  191.34-202.11     194.05
65 - 80% Choice     322     64.6    744-886      874  190.80-196.35     193.08
35 - 65% Choice     239     63.1    758-819      806  190.61-199.12     192.46
 0 - 35% Choice      78     64.5    777-777      777  187.68-187.68     187.68
HEIFER
Over 80% Choice      32     63.8    817-817      817  203.57-203.57     203.57
65 - 80% Choice      47     64.0    706-706      706  198.49-198.49     198.49
35 - 65% Choice      40     63.1    761-761      761  192.40-192.40     192.40
 0 - 35% Choice     131     62.5    548-701      682  173.75-187.10     185.47
MIXED STEER/HEIFER
Over 80% Choice     267     62.5    664-825      754  192.00-202.38     195.03
65 - 80% Choice      77     62.9    768-859      814  182.75-188.55     185.61
35 - 65% Choice     896     63.4    743-865      761  185.18-192.04     189.69
 0 - 35% Choice      31     62.9    790-790      790  189.00-189.00     189.00
ALL STEERS & HEIFERS
                  2,954     63.5    548-986      809  173.75-203.57     191.91
MIXED STEER/HEIFER/COW
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     464     60.7    633-915      822  160.58-185.58     174.73
 0 - 35% Choice     115     60.4    842-924      871  174.68-183.73     178.17
DAIRYBRED STEER/HEIFER
Over 80% Choice     222     59.1    733-926      840  178.99-187.00     183.90
65 - 80% Choice     159     59.8    626-852      733  163.65-181.91     176.15
35 - 65% Choice      33     59.1    730-730      730  177.64-177.64     177.64
 0 - 35% Choice      14     59.2    776-776      776  176.83-176.83     176.83


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      66     64.2  1,333-1,333   1,333 121.88-121.88     121.88
35 - 65% Choice                        -                    -
 0 - 35% Choice      58     63.0  1,417-1,417   1,417 115.35-115.35     115.35
HEIFER
Over 80% Choice      59     64.1  1,250-1,250   1,250 122.00-122.00     122.00
65 - 80% Choice                        -                    -
35 - 65% Choice      61     62.2  1,088-1,088   1,088 119.50-119.50     119.50
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     110     63.9  1,247-1,275   1,262 122.01-124.16     123.20
35 - 65% Choice     692     63.2  1,045-1,325   1,211 112.90-123.45     118.87
 0 - 35% Choice     689     62.9  1,013-1,293   1,143 109.25-119.19     117.04
ALL STEERS & HEIFERS
                  1,735     63.1  1,013-1,417   1,196 109.25-124.16     118.54
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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