Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109
St. Joseph, MO    Fri, Mar 22, 2013    USDA Market News

NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -
For Primarily Thursday, 03/21/2013

            Head     Week to    Same Day    Same Period   Same Day   Same Period
            Count      Date     Week Ago     Last Week    Year Ago    Last Year
FORMULA NET:
Dressed:   21,852    152,129      27,868      162,766      17,795      143,182
Live:       5,906     28,792       5,815       30,315       6,244       33,122
Total:     27,758    180,921      33,683      193,081      24,039      176,304

NEGOTIATED GRID NET:
Dressed:    3,789     14,925       4,654       19,083       5,162       21,014
Live:         388      2,475       1,299        2,578         608        2,927
Total:      4,177     17,400       5,953       21,661       5,770       23,941


FORMULA NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice   1,939     64.2     687-1,116   868   194.83-209.22      200.85
65 - 80% Choice   2,599     64.6     749-941     845   192.08-205.50      199.17
35 - 65% Choice   5,081     65.5     682-922     803   189.83-203.28      197.67
 0 - 35% Choice   1,353     65.2     695-877     787   192.40-199.46      196.09
HEIFER
Over 80% Choice     601     64.8     751-922     841   194.77-206.68      202.92
65 - 80% Choice   1,551     65.1     660-940     799   182.86-203.09      200.39
35 - 65% Choice   1,995     64.3     666-860     731   184.30-203.28      199.28
 0 - 35% Choice     169     62.0     730-856     800   185.90-196.56      190.63
MIXED STEER/HEIFER
Over 80% Choice   1,264     63.2     741-941     859   191.40-205.50      200.01
65 - 80% Choice     564     64.6     846-951     914   198.45-203.00      201.21
35 - 65% Choice     691     63.9     722-893     739   199.54-203.00      202.09
 0 - 35% Choice                         -                    -
ALL DRESSED STEERS AND HEIFERS
                 17,807     64.7     660-1,116   813   182.86-209.22      199.09
MIXED STEER/HEIFER/COW
Over 80% Choice   1,270     63.5     749-817     799   194.68-203.33      201.46
65 - 80% Choice     758     64.3     754-869     811   192.70-203.00      198.34
35 - 65% Choice     404     64.0     650-746     669   183.62-193.32      191.35
 0 - 35% Choice                         -                    -
DAIRYBRED STEER/HEIFER
Over 80% Choice   1,023     61.3     719-882     838   184.98-205.61      194.93
65 - 80% Choice     277     61.4     730-859     807   189.11-199.48      193.81
35 - 65% Choice     313     61.8     813-910     863   193.73-199.86      196.00
 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                         -                    -
65 - 80% Choice     459     64.4     922-1,472  1,381  125.00-130.00      129.74
35 - 65% Choice   3,085     63.5   1,056-1,374  1,215  123.81-131.25      125.46
 0 - 35% Choice     250     64.0   1,033-1,232  1,144  123.61-129.46      127.00
HEIFER
Over 80% Choice     281     64.4   1,297-1,297  1,297  128.00-128.00      128.00
65 - 80% Choice     178     63.2   1,175-1,325  1,292  126.96-127.00      126.99
35 - 65% Choice   1,419     63.7   1,058-1,350  1,150  123.69-131.25      127.16
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice     234     63.5   1,514-1,541  1,537  126.73-126.73      126.73
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                  5,906     63.7     922-1,541  1,229  123.61-131.25      126.48
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
  No Reportable Trade.


NEGOTIATED GRID NET - DRESSED BASIS
                  Head    Wtd Avg     Weight     Avg       Price         Avg Net
                  Count  Dress Pct    Range       Wt       Range          Price
STEER
Over 80% Choice     113     63.1     810-893     866   191.55-199.85      196.56
65 - 80% Choice      17     61.3     770-770     770   203.00-203.00      203.00
35 - 65% Choice      56     61.2     684-692     690   193.78-198.46      194.95
 0 - 35% Choice                         -                    -
HEIFER
Over 80% Choice     157     63.5     733-888     832   199.46-204.63      202.61
65 - 80% Choice     245     64.5     880-894     882   190.48-204.50      202.61
35 - 65% Choice                         -                    -
 0 - 35% Choice                         -                    -
MIXED STEER/HEIFER
Over 80% Choice     904     62.7     722-946     801   197.03-212.62      202.54
65 - 80% Choice     241     63.1     737-819     753   189.37-205.56      201.08
35 - 65% Choice     134     63.7     684-812     787   181.63-205.73      190.94
 0 - 35% Choice                         -                    -
ALL DRESSED STEERS AND HEIFERS
                  1,867     63.1     684-946     807   181.63-212.62      200.95
MIXED STEER/HEIFER/COW
Over 80% Choice      82     60.9     727-892     848   200.62-207.19      202.38
65 - 80% Choice     134     61.6     725-786     746   198.76-203.82      200.87
35 - 65% Choice   1,054     64.1     682-925     760   170.08-195.35      190.49
 0 - 35% Choice     230     58.7     756-959     856   170.21-189.35      183.56
DAIRYBRED STEER/HEIFER
Over 80% Choice     240     58.9     785-892     825   183.82-194.53      188.87
65 - 80% Choice      73     60.6     852-852     852   196.64-196.64      196.64
35 - 65% Choice     109     59.9     771-850     795   186.00-194.12      188.46
 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     121     62.2   1,267-1,267  1,267  124.00-124.00      124.00
35 - 65% Choice      93     62.2   1,163-1,229  1,172  122.00-128.00      122.84
 0 - 35% Choice                         -                    -
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                         -                    -
65 - 80% Choice      54     63.9   1,270-1,270  1,270  127.00-127.00      127.00
35 - 65% Choice      40     63.5   1,260-1,260  1,260  127.00-127.00      127.00
 0 - 35% Choice                         -                    -
ALL LIVE STEERS AND HEIFERS
                    308     62.7   1,163-1,270  1,238  122.00-128.00      124.56
MIXED STEER/HEIFER/COW
Over 80% Choice                         -                    -
65 - 80% Choice                         -                    -
35 - 65% Choice      80     65.2   1,397-1,397  1,397  121.97-121.97      121.97
 0 - 35% Choice                         -                    -
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                6,718         779         197.62
 KANSAS                  3,230         789         199.09
 NEBRASKA                2,958         828         201.15
 COLORADO                  234         834         202.65
 WESTERN CORNBELT        1,109         917         201.41
  TOTAL 5-AREA          14,210         803         199.06
 N.CENTRAL/E.MT            450         908         201.98
 WESTERN STATES          3,065         844         198.72
 EASTERN CORNBELT           43         879         205.50
 NORTHEASTERN STATES


 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS
 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:
 TX/OK/NM                  175         744         203.17
 KANSAS                    116         837         199.61
 NEBRASKA                  302         848         204.33
 COLORADO
 WESTERN CORNBELT          497         812         199.88
  TOTAL 5-AREA             930         819         202.76
 N.CENTRAL/E.MT
 WESTERN STATES
 EASTERN CORNBELT          607         799         200.81
 NORTHEASTERN STATES       170         794         197.19


-------------------------------------------------------------------
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.
-------------------------------------------------------------------


Source:    USDA Market News Service, St. Joseph, MO
           816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews


1130C






.

1. U.S. cattle placements rise in April as feed costs subside
2. Beef bull management refresher
3. Beef research and resources update
4. Workshop to discuss nutrient application, management, stewardship
5. Help for flood affected farmers
6. Representative Lucas discusses new Farm Bill

1. New school lunch beef recipes win approval from kids, foodservice
2. Prices for corn and soybeans, five years from now
3. The relationship between retail gasoline prices and futures prices
4. Drier weather to give big boost to U.S. corn plantings
5. Domestic ethanol production starts to grow again
6. Agriculture is expected to remain strong in the coming decade

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop