Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109
St. Joseph, MO    Tue, May 22, 2012    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Monday, 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:   63,964     63,964      36,773       36,773      49,391       49,391
Live:      11,472     11,472       8,656        8,656       9,910        9,910
Total:     75,436     75,436      45,429       45,429      59,301       59,301

NEGOTIATED GRID NET:
Dressed:    7,664      7,664       4,887        4,887       7,738        7,738
Live:       2,192      2,192       1,483        1,483         848          848
Total:      9,856      9,856       6,370        6,370       8,586        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   8,078     64.3     660-987     868   181.45-216.32      193.19
65 - 80% Choice   9,359     64.6     671-950     856   184.00-204.84      191.71
35 - 65% Choice  17,180     65.0     674-947     866   174.20-196.26      189.78
 0 - 35% Choice   3,108     64.3     690-947     826   164.47-203.52      190.67
HEIFER
Over 80% Choice   3,697     64.3     681-920     791   188.16-215.30      194.02
65 - 80% Choice   4,139     64.8     672-877     771   186.39-204.04      191.16
35 - 65% Choice   7,189     65.1     681-900     775   172.62-198.94      190.45
 0 - 35% Choice      91     64.9     754-939     817   170.03-185.22      180.14
MIXED STEER/HEIFER
Over 80% Choice   2,579     63.1     647-920     807   188.99-219.14      200.43
65 - 80% Choice   1,697     63.3     663-938     840   186.68-195.64      191.90
35 - 65% Choice   1,428     63.7     782-927     855   188.64-193.97      191.40
 0 - 35% Choice                         -                    -
ALL DRESSED STEERS AND HEIFERS
                 58,545     64.6     647-987     836   164.47-219.14      191.61
MIXED STEER/HEIFER/COW
Over 80% Choice      82     65.3     785-811     798   190.00-195.00      192.56
65 - 80% Choice     974     64.9     727-863     817   189.33-194.92      192.94
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     685     61.1     713-932     847   174.80-188.97      186.98
65 - 80% Choice   1,266     61.1     671-885     845   174.13-191.75      188.62
35 - 65% Choice     907     61.2     749-874     834   179.66-194.43      187.90
 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   1,711     63.6   1,200-1,450  1,322  116.15-140.60      126.47
65 - 80% Choice     278     63.5   1,275-1,350  1,327  121.50-124.50      123.16
35 - 65% Choice   3,733     63.3   1,050-1,375  1,255  118.00-123.50      121.12
 0 - 35% Choice     785     63.8   1,300-1,425  1,375  120.50-127.09      123.25
HEIFER
Over 80% Choice   1,010     63.4   1,118-1,350  1,254  115.88-140.65      124.30
65 - 80% Choice     507     64.0   1,069-1,175  1,122  120.50-124.45      121.57
35 - 65% Choice   1,630     63.5   1,050-1,225  1,130  119.54-123.45      121.38
 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 LIVE STEERS AND HEIFERS
                 10,822     63.4   1,050-1,450  1,254  115.88-140.65      123.41
MIXED STEER/HEIFER/COW
Over 80% Choice                         -                    -
65 - 80% Choice      25     61.4   1,238-1,238  1,238  117.00-117.00      117.00
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice      66     61.0   1,300-1,300  1,300  115.94-115.94      115.94
65 - 80% Choice      33     61.0   1,250-1,250  1,250  118.41-118.41      118.41
35 - 65% Choice     526     60.0   1,243-1,388  1,275  111.27-115.96      113.71
 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     867     63.6     715-986     884   191.34-202.11      194.19
65 - 80% Choice     322     64.6     744-886     874   190.80-196.35      193.08
35 - 65% Choice     372     63.2     758-857     824   190.61-199.12      192.42
 0 - 35% Choice     196     64.4     774-777     775   185.77-187.68      186.53
HEIFER
Over 80% Choice      85     64.1     676-817     785   192.85-203.57      198.67
65 - 80% Choice     186     64.1     706-812     785   192.32-198.49      193.88
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     549     63.0     659-825     753   184.76-205.62      191.75
65 - 80% Choice     128     62.5     732-859     782   182.75-191.48      187.48
35 - 65% Choice   1,526     63.3     670-917     773   183.24-192.04      187.71
 0 - 35% Choice     234     63.4     790-929     904   179.70-189.00      181.90
ALL DRESSED STEERS AND HEIFERS
                  4,636     63.5     548-986     808   173.75-205.62      190.23
MIXED STEER/HEIFER/COW
Over 80% Choice      43     63.7     750-750     750   191.87-191.87      191.87
65 - 80% Choice     140     61.7     780-903     874   173.73-186.98      181.90
35 - 65% Choice     796     61.1     627-917     819   160.58-190.06      177.89
 0 - 35% Choice     656     60.3     688-1,026   896   159.23-184.49      177.22
DAIRYBRED STEER/HEIFER
Over 80% Choice     858     60.2     733-926     871   178.99-193.97      185.96
65 - 80% Choice     419     59.5     626-955     845   163.65-187.55      180.76
35 - 65% Choice     102     59.7     720-754     735   177.64-186.64      182.18
 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     137     63.0   1,014-1,014  1,014  114.82-114.82      114.82
 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     783     63.3   1,045-1,325  1,194  112.90-123.45      118.35
 0 - 35% Choice     918     62.9   1,013-1,293  1,152  105.78-119.19      116.49
ALL LIVE STEERS AND HEIFERS
                  2,192     63.2   1,013-1,417  1,177  105.78-124.16      117.75
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               14,514         823         189.58
 KANSAS                 19,716         835         190.50
 NEBRASKA               12,414         866         194.67
 COLORADO                4,651         826         192.42
 WESTERN CORNBELT        1,369         781         194.33
  TOTAL 5-AREA          52,175         838         191.46
 N.CENTRAL/E.MT          2,655         817         195.54
 WESTERN STATES          3,124         836         190.07
 EASTERN CORNBELT          102         834         193.65
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                2,060         759         187.81
 KANSAS
 NEBRASKA                  854         868         195.15
 COLORADO
 WESTERN CORNBELT          821         861         188.34
  TOTAL 5-AREA           3,686         807         189.55
 N.CENTRAL/E.MT            439         860         193.52
 WESTERN STATES
 EASTERN CORNBELT          106         714         194.16
 NORTHEASTERN STATES       243         797         191.11


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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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