Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109
St. Joseph, MO    Fri, May 11, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday, 05/10/2012

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   16,335    163,467      17,802      146,926      18,632      148,756
Live:       7,542     34,447       9,988       36,676       8,923       39,494
Total:     23,877    197,914      27,790      183,602      27,555      188,250

NEGOTIATED GRID NET:
Dressed:    4,909     20,797       7,349       19,510       4,108       22,481
Live:       1,920      6,346       2,650        7,024       1,444        7,075
Total:      6,829     27,143       9,999       26,534       5,552       29,556


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   2,756     64.5     733-949     840   185.81-211.13      195.73
65 - 80% Choice   1,193     64.6     612-954     810   177.17-210.92      190.83
35 - 65% Choice   3,558     64.9     575-941     821   178.64-196.25      188.57
 0 - 35% Choice   2,097     65.0     666-915     766   177.30-195.93      182.90
HEIFER
Over 80% Choice     473     62.6     685-907     780   191.55-211.13      198.17
65 - 80% Choice     134     64.4     743-786     757   191.73-195.28      192.87
35 - 65% Choice     638     65.0     684-825     756   184.84-195.10      189.55
 0 - 35% Choice      83     64.0     874-937     885   173.49-178.34      177.46
MIXED STEER/HEIFER
Over 80% Choice     538     61.7     695-887     758   188.94-211.13      195.91
65 - 80% Choice     616     62.3     627-873     778   185.10-195.17      190.54
35 - 65% Choice     205     63.7     773-826     816   182.95-192.56      190.86
 0 - 35% Choice     158     64.6     828-828     828   194.29-194.29      194.29
ALL DRESSED STEERS AND HEIFERS
                 12,449     64.4     575-954     805   173.49-211.13      190.33
MIXED STEER/HEIFER/COW
Over 80% Choice     363     65.4     720-852     751   192.25-202.43      194.76
65 - 80% Choice   1,001     64.9     635-811     755   183.63-196.66      191.28
35 - 65% Choice     651     65.3     705-804     767   186.54-190.98      189.11
 0 - 35% Choice      45     64.8     929-929     929   176.65-176.65      176.65
DAIRYBRED STEER/HEIFER
Over 80% Choice     710     61.2     736-850     823   179.95-196.74      186.29
65 - 80% Choice     569     61.5     753-866     837   177.92-189.57      187.25
35 - 65% Choice     547     61.2     758-878     829   182.95-189.64      186.45
 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     614     63.4   1,315-1,430  1,366  117.38-124.07      120.63
65 - 80% Choice     639     63.3   1,140-1,372  1,279  117.00-125.46      120.01
35 - 65% Choice   2,128     63.5   1,081-1,350  1,269  116.76-124.25      120.26
 0 - 35% Choice   1,416     63.9   1,027-1,325  1,187  116.59-122.81      118.33
HEIFER
Over 80% Choice     144     63.8   1,167-1,200  1,191  120.50-122.68      121.80
65 - 80% Choice     162     63.4   1,100-1,225  1,150  120.00-123.29      120.95
35 - 65% Choice   1,239     64.0     989-1,250  1,142  117.00-124.25      121.16
 0 - 35% Choice     217     64.4   1,151-1,200  1,171  117.00-126.92      120.83
MIXED STEER/HEIFER
Over 80% Choice     123     63.5   1,262-1,306  1,276  122.00-123.42      122.46
65 - 80% Choice                         -                    -
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  6,682     63.7     989-1,430  1,230  116.59-126.92      120.14
MIXED STEER/HEIFER/COW
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice     395     62.2   1,361-1,361  1,361  120.00-120.00      120.00
 0 - 35% Choice                         -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice     166     59.3   1,300-1,382  1,350  110.53-115.47      112.49
65 - 80% Choice                         -                    -
35 - 65% Choice     299     61.0   1,300-1,350  1,335  113.98-114.87      114.25
 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     235     62.4     689-854     787   191.03-199.58      194.35
65 - 80% Choice     352     62.9     701-858     788   194.86-201.27      197.59
35 - 65% Choice     692     65.4     716-870     818   184.79-192.90      186.13
 0 - 35% Choice     146     64.3     757-757     757   184.43-184.43      184.43
HEIFER
Over 80% Choice      64     63.1     824-824     824   192.44-192.44      192.44
65 - 80% Choice                         -                    -
35 - 65% Choice     675     64.4     624-744     662   179.21-188.00      181.93
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice     370     62.6     696-930     823   185.62-198.51      193.37
65 - 80% Choice      14     62.0     766-766     766   194.11-194.11      194.11
35 - 65% Choice     183     61.7     744-861     795   184.03-194.69      190.57
 0 - 35% Choice      82     62.8     711-715     713   170.74-187.50      177.89
ALL DRESSED STEERS AND HEIFERS
                  2,813     63.8     624-930     767   170.74-201.27      188.34
MIXED STEER/HEIFER/COW
Over 80% Choice     210     63.2     740-849     768   194.55-197.94      195.22
65 - 80% Choice     265     61.7     781-937     859   189.00-193.61      191.21
35 - 65% Choice     647     62.4     648-890     786   180.73-198.94      184.73
 0 - 35% Choice     465     59.9     745-979     904   167.51-184.98      177.07
DAIRYBRED STEER/HEIFER
Over 80% Choice     307     60.7     799-887     848   183.68-195.92      186.40
65 - 80% Choice      68     60.8     745-841     804   183.63-185.04      184.26
35 - 65% Choice     134     62.6     820-850     844   184.09-186.62      186.15
 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     478     62.6   1,223-1,425  1,360  116.08-123.55      122.00
65 - 80% Choice      91     63.4   1,382-1,382  1,382  123.53-123.53      123.53
35 - 65% Choice     329     62.7   1,360-1,360  1,360  121.85-121.85      121.85
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice      51     61.6   1,140-1,140  1,140  116.26-116.26      116.26
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice      37     64.3   1,336-1,336  1,336  123.62-123.62      123.62
65 - 80% Choice      42     63.4   1,204-1,204  1,204  118.44-118.44      118.44
35 - 65% Choice     625     62.6   1,032-1,345  1,161  106.28-118.19      111.89
 0 - 35% Choice     267     62.7   1,239-1,396  1,278  107.27-117.00      114.57
ALL LIVE STEERS AND HEIFERS
                  1,920     62.7   1,032-1,425  1,275  106.28-123.62      117.52
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                4,063         780         183.94
 KANSAS                  2,603         827         190.83
 NEBRASKA                1,357         833         193.76
 COLORADO                1,016         817         190.45
 WESTERN CORNBELT          616         859         194.61
  TOTAL 5-AREA           9,616         809         188.53
 N.CENTRAL/E.MT            921         798         206.66
 WESTERN STATES          1,813         781         191.57
 EASTERN CORNBELT           60         893         189.87
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                1,241         741         183.30
 KANSAS                    394         753         185.92
 NEBRASKA                  279         819         197.34
 COLORADO                   30         784         190.95
 WESTERN CORNBELT          351         815         192.67
  TOTAL 5-AREA           2,295         764         186.99
 N.CENTRAL/E.MT            222         762         194.98
 WESTERN STATES
 EASTERN CORNBELT          206         791         194.29
 NORTHEASTERN STATES        90         791         192.69


-------------------------------------------------------------------
Regional Breakdown:
  WESTERN CORNBELT - IA,MN,MO.
  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX
  N.CENTRAL/E.MT - MT,ND,SD,WY.
  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.
  EASTERN CORNBELT - IL,IN,KY,MI,WI.
  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.
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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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