LM_CT147 St Joseph, MO Mon May 20, 2013 USDA Market News Service IOWA-MINNESOTA WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID SALES For cattle priced during Week ending Sunday, 05/19/2013 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 11,399 894 12,293 14,270 8,264 Negotiated Grid Net: 4,596 0 4,596 3,455 5,327 Forward Contract Net: 564 1,926 2,490 5,387 5,678 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,344 757-960 851 63.1 202.21-218.92 207.69 65 - 80% Choice 702 839-897 874 63.3 200.00-206.48 202.93 35 - 65% Choice 3,250 761-967 912 64.0 198.64-206.72 203.12 0 - 35% Choice 323 899-899 899 64.7 206.72-206.72 206.72 HEIFER Over 80% Choice 690 711-919 785 63.1 201.50-207.88 204.30 65 - 80% Choice 49 768-768 768 63.8 202.46-202.46 202.46 35 - 65% Choice 763 715-781 751 64.4 202.21-208.13 203.32 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice 993 704-915 813 63.1 198.34-224.88 208.19 65 - 80% Choice 556 666-916 824 63.5 194.60-206.00 201.27 35 - 65% Choice 380 693-870 791 63.1 194.93-206.72 203.02 0 - 35% Choice 46 667-667 667 61.1 206.00-206.00 206.00 ALL STEERS & HEIFERS 9,096 666-967 853 63.6 194.60-224.88 204.46 MIXED STEER/HEIFER/COW Over 80% Choice 452 700-955 817 64.2 202.13-209.24 206.00 65 - 80% Choice 228 734-734 734 64.8 206.72-206.72 206.72 35 - 65% Choice 576 739-891 765 64.4 194.48-202.21 201.22 0 - 35% Choice - - DAIRYBRED STEER/HEIFER Over 80% Choice 159 848-925 873 61.6 194.46-200.15 197.01 65 - 80% Choice 491 801-911 840 61.1 192.21-201.80 198.48 35 - 65% Choice 397 798-872 811 60.2 193.24-202.94 194.37 0 - 35% Choice - - FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 348 1,162-1,493 1,290 63.2 122.75-141.77 128.33 65 - 80% Choice 282 1,234-1,319 1,294 60.8 125.20-130.00 128.60 35 - 65% Choice - - 0 - 35% Choice - - HEIFER Over 80% Choice 74 1,282-1,363 1,323 63.5 140.67-141.60 141.14 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 190 1,439-1,439 1,439 64.2 127.90-127.90 127.90 35 - 65% Choice - - 0 - 35% Choice - - ALL STEERS & HEIFERS 894 1,162-1,493 1,326 62.7 122.75-141.77 129.38 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 651 786-875 833 62.8 198.84-208.55 206.66 65 - 80% Choice 329 839-902 871 63.4 202.00-207.52 206.00 35 - 65% Choice - - 0 - 35% Choice 56 808-808 808 62.7 210.09-210.09 210.09 HEIFER Over 80% Choice 11 808-808 808 60.9 203.81-203.81 203.81 65 - 80% Choice 77 781-781 781 64.3 207.51-207.51 207.51 35 - 65% Choice 131 634-746 650 59.9 192.13-196.64 195.99 0 - 35% Choice 121 849-889 868 62.0 175.35-180.19 177.25 MIXED STEER/HEIFER Over 80% Choice 241 655-900 767 61.6 199.85-208.02 203.98 65 - 80% Choice 200 675-821 757 63.0 195.31-207.51 206.12 35 - 65% Choice 148 774-795 792 64.4 191.85-209.56 205.90 0 - 35% Choice - - ALL STEERS & HEIFERS 1,965 634-902 808 62.7 175.35-210.09 203.70 MIXED STEER/HEIFER/COW Over 80% Choice 308 780-857 798 61.9 189.47-209.11 200.31 65 - 80% Choice 292 645-955 825 62.0 192.46-207.65 198.88 35 - 65% Choice 280 651-1,015 820 60.6 186.20-197.02 192.61 0 - 35% Choice 400 912-923 918 60.5 168.50-169.72 169.11 DAIRYBRED STEER/HEIFER Over 80% Choice 837 682-923 847 61.1 187.07-200.02 191.89 65 - 80% Choice 411 721-899 866 60.4 182.24-193.55 189.54 35 - 65% Choice 103 798-826 814 59.5 186.14-192.82 189.87 0 - 35% Choice - - NEGOTIATED GRID NET: Live Basis No Reportable Trade. FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 138 781-781 781 63.4 205.85-205.85 205.85 0 - 35% Choice - - HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 38 771-771 771 63.7 204.72-204.72 204.72 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - ALL STEERS & HEIFERS 176 771-781 779 63.5 204.72-205.85 205.61 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 276 807-895 860 60.1 184.06-206.69 198.91 65 - 80% Choice 38 770-770 770 61.0 201.45-201.45 201.45 35 - 65% Choice 74 800-820 810 59.2 198.47-198.58 198.53 0 - 35% Choice - - FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice - - 65 - 80% Choice 434 1,386-1,395 1,390 63.2 134.40-134.40 134.40 35 - 65% Choice 66 1,407-1,407 1,407 63.1 133.77-133.77 133.77 0 - 35% Choice 245 1,390-1,390 1,390 63.2 134.40-134.40 134.40 HEIFER Over 80% Choice 68 1,197-1,197 1,197 63.2 134.09-134.09 134.09 65 - 80% Choice 325 1,234-1,266 1,246 63.2 133.74-134.40 134.15 35 - 65% Choice - - 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 632 1,233-1,360 1,286 63.2 134.40-134.45 134.42 35 - 65% Choice - - 0 - 35% Choice - - ALL STEERS & HEIFERS 1,770 1,197-1,407 1,320 63.2 133.74-134.45 134.33 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 156 1,335-1,360 1,348 61.0 116.25-116.25 116.25 35 - 65% Choice - - 0 - 35% Choice - - Source: USDA Market News Service, St. Joseph, MO 816-676-7000 email: stjoe.lgmn@usda.gov www.ams.usda.gov/LSMarketNews 1130C .