Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Wed May 02, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

Domestic source only. Live sales based on net weights FOB the feedlot after a
3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed:       4,193            Week ago:    2,220          Year ago:    7,230
Week to Date:    7,489            Week ago:    7,723          Year ago:  141,822

NEGOTIATED GRID BASE:
Confirmed:         632            Week ago:    1,193          Year ago:    3,675
Week to Date:    4,770            Week ago:    6,556          Year ago:   27,540


NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice       23     64.5   1,300-1,300  1,300.0  122.00-122.00  122.00
 65 - 80% Choice      160     63.0   1,275-1,300  1,293.8  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     183     63.2   1,275-1,300  1,294.5  119.00-122.00  119.38
STEER - DRESSED - DELIVERED
 Over 80% Choice       90     62.5     875-875      875.0  190.00-190.00  190.00
 65 - 80% Choice    2,434     63.8     809-896      847.0  188.00-191.00  190.15
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,524     63.7     809-896      848.0  188.00-191.00  190.15
HEIFER - LIVE - FOB
 Over 80% Choice      169     64.5   1,225-1,250  1,240.4  122.00-122.00  122.00
 65 - 80% Choice      170     63.1   1,225-1,225  1,225.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     339     63.8   1,225-1,250  1,232.7  119.00-122.00  120.50
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       26     62.5     781-781      781.3  190.00-190.00  190.00
 65 - 80% Choice      730     63.5     752-800      784.9  188.00-191.00  189.97
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     756     63.5     752-800      784.8  188.00-191.00  189.97
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       32     64.0   1,200-1,200  1,200.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      32     64.0   1,200-1,200  1,200.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No reportable trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     554     63.6   1,200-1,300  1,251.2  119.00-122.00  120.21
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,280     63.7     752-896      833.4  188.00-191.00  190.11
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      105     60.5   1,350-1,350  1,350.0  111.00-111.00  111.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     105     60.5   1,350-1,350  1,350.0  111.00-111.00  111.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       16     62.0     747-747      747.5  185.00-185.00  185.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      16     62.0     747-747      747.5  185.00-185.00  185.00
MIXED STEER/HEIFER/COW 
 No reportable trade.

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 No reportable trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice       12     60.0     735-735      735.0  196.00-196.00  196.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     60.0     735-735      735.0  196.00-196.00  196.00
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       13     60.7     658-658      658.8  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades      13     60.7     658-658      658.8  194.00-194.00  194.00
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       95     62.2     866-866      866.6  196.50-196.50  196.50
 65 - 80% Choice      126     62.6     724-850      802.2  189.00-198.00  193.45
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     221     62.4     724-866      829.9  189.00-198.00  194.76
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     246     62.2     658-866      816.2  189.00-198.00  194.78
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      161     59.9     720-775      732.0  182.00-188.00  183.30
 65 - 80% Choice                          -                      -
 35 - 65% Choice      200     60.3     726-726      726.2  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     361     60.1     720-775      728.8  182.00-193.00  188.68
MIXED STEER/HEIFER/COW 
 No reportable trade.

NATIONAL - All States

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
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