Direct Slaughter Cattle - Formulated Purchases - Morning

LM_CT107
St. Joseph, MO    Thu, May 24, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Wednesday Afternoon, 05/23/2012

            Head     Week to    Same Day    Same Period   Same Day  Same Period
            Count      Date     Week Ago     Last Week    Year Ago   Last Year
FORMULA NET:
Dressed:   25,971    141,387      19,712      147,194      21,084      128,736
Live:       4,018     25,091       3,696       22,711       7,253       30,813
Total:     29,989    166,478      23,408      169,905      28,337      159,549

NEGOTIATED GRID NET:
Dressed:    3,200     16,780       2,056       14,837       3,215       18,609
Live:         291      4,755       1,040        3,436         430        1,813
Total:      3,491     21,535       3,096       18,273       3,645       20,422


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,552     63.9    662-958      858  180.44-212.87     199.44
65 - 80% Choice   3,722     64.5    681-1,002    869  185.18-211.61     194.26
35 - 65% Choice   5,816     65.3    649-942      864  185.68-196.72     191.89
 0 - 35% Choice     398     65.0    712-821      772  182.55-188.18     185.01
HEIFER
Over 80% Choice   1,237     63.8    652-961      785  183.91-212.87     195.18
65 - 80% Choice   1,370     64.8    722-837      753  190.23-198.65     195.30
35 - 65% Choice     305     64.3    664-810      748  186.67-196.41     192.18
 0 - 35% Choice     112     66.0    811-811      811  191.00-191.00     191.00
MIXED STEER/HEIFER
Over 80% Choice     947     63.2    705-855      807  191.59-197.20     193.82
65 - 80% Choice     785     63.2    689-873      801  192.00-198.75     194.64
35 - 65% Choice     252     63.2    695-819      759  189.31-195.43     191.36
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                 17,496     64.5    649-1,002    838  180.44-212.87     194.06
MIXED STEER/HEIFER/COW
Over 80% Choice   1,030     65.8    757-816      805  191.55-198.21     194.77
65 - 80% Choice   2,847     65.1    719-886      791  183.57-196.36     192.50
35 - 65% Choice   1,385     65.3    695-831      769  174.14-192.96     189.03
 0 - 35% Choice     342     65.1    642-755      723  180.75-181.31     181.15
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice     750     61.7    801-906      869  184.59-189.44     186.89
35 - 65% Choice   1,920     61.5    740-923      870  182.85-190.98     185.48
 0 - 35% Choice     201     61.5    845-891      864  184.98-185.55     185.30


FORMULA NET - LIVE BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     907     63.5  1,175-1,419   1,365 120.53-135.69     124.25
65 - 80% Choice     553     62.9  1,258-1,325   1,297 123.00-127.78     124.26
35 - 65% Choice     653     63.1  1,300-1,325   1,308 118.31-125.75     121.70
 0 - 35% Choice     326     62.6  1,211-1,287   1,264 120.50-127.72     125.57
HEIFER
Over 80% Choice      58     63.7  1,180-1,252   1,235 122.60-137.41     126.17
65 - 80% Choice     385     64.0  1,122-1,325   1,186 124.50-139.10     128.36
35 - 65% Choice     869     64.0  1,144-1,350   1,216 120.50-127.75     124.68
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice      80     63.0  1,283-1,283   1,283 124.50-124.50     124.50
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  3,831     63.4  1,122-1,419   1,282 118.31-139.10     124.47
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                        -                    -
65 - 80% Choice                        -                    -
35 - 65% Choice     187     61.0  1,350-1,350   1,350 117.90-117.90     117.90
 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     406     62.7    710-923      885  192.24-196.98     193.64
65 - 80% Choice      36     63.5    791-791      791  195.59-195.59     195.59
35 - 65% Choice     355     66.8    874-952      893  180.30-194.00     186.24
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     162     62.7    632-739      679  195.85-198.69     197.54
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
Over 80% Choice   1,032     63.0    739-851      812  187.00-198.29     194.16
65 - 80% Choice      38     63.5    889-889      889  196.65-196.65     196.65
35 - 65% Choice      77     63.6    863-863      863  182.24-182.24     182.24
 0 - 35% Choice                        -                    -
ALL STEERS & HEIFERS
                  2,106     63.6    632-952      832  180.30-198.69     192.62
MIXED STEER/HEIFER/COW
Over 80% Choice      69     66.1    805-805      805  195.00-195.00     195.00
65 - 80% Choice     199     61.4    652-900      854  171.62-189.99     177.16
35 - 65% Choice     187     59.8    575-902      790  176.42-184.23     180.09
 0 - 35% Choice      37     60.5    754-754      754  177.62-177.62     177.62
DAIRYBRED STEER/HEIFER
Over 80% Choice     496     60.3    788-898      865  184.89-191.26     188.04
65 - 80% Choice     106     59.5    800-868      842  183.74-187.14     185.87
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     101     61.4  1,330-1,330   1,330 118.66-118.66     118.66
 0 - 35% Choice                        -                    -
HEIFER
Over 80% Choice     190     62.9  1,192-1,203   1,199 120.10-124.35     122.81
65 - 80% Choice                        -                    -
35 - 65% Choice                        -                    -
 0 - 35% Choice                        -                    -
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
                    291     62.4  1,192-1,330   1,244 118.66-124.35     121.37
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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