Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Mon May 07, 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:         410            Week ago:    1,139          Year ago:      265
Week to Date:      410            Week ago:    1,139          Year ago:      265

NEGOTIATED GRID BASE:
Confirmed:       2,329            Week ago:    1,696          Year ago:    1,102
Week to Date:    2,329            Week ago:    1,696          Year ago:    1,102


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       38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       33     64.0     900-900      900.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      33     64.0     900-900      900.0  192.00-192.00  192.00
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       34     63.0     803-803      803.3  191.00-191.00  191.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     63.0     803-803      803.3  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      67     63.5     803-900      850.9  191.00-192.00  191.49
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
 Total all grades     112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      123     62.0     759-911      839.0  184.00-187.00  184.82
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     123     62.0     759-911      839.0  184.00-187.00  184.82
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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       90     62.5     750-750      750.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades      90     62.5     750-750      750.0  189.50-189.50  189.50
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       79     63.2   1,100-1,100  1,100.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades      79     63.2   1,100-1,100  1,100.0  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice    1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
  0 - 35% Choice                          -                      -
 Total all grades   1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     63.0     819-819      819.0  195.00-195.00  195.00
 35 - 65% Choice       43     63.0     775-775      775.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades      83     63.0     775-819      796.2  189.50-195.00  192.15
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,722     62.9   1,075-1,215  1,170.1  117.00-120.00  118.57
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     173     62.7     750-819      772.2  189.50-195.00  190.77
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      175     59.6     771-795      782.9  180.00-187.00  183.96
 65 - 80% Choice       94     60.0     825-825      825.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     269     59.7     771-825      797.6  180.00-187.00  185.02
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       17     58.4     721-721      721.1  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades      17     58.4     721-721      721.1  196.00-196.00  196.00

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
1500C







.

1. Feeder cattle review: Choice beef prices keep rolling higher
2. Ag markets diverge just before the long holiday weekend
3. Armyworms eat fescue pastures, hayfields
4. Commentary: New rules un-COOL
5. Oil edges up on book squaring, but posts big weekly drop
6. Cattle theft and brands

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. TSCRA works with sale barns to catch Houston cattle thief
3. Post-tornado composting a solution for disposal of dead livestock
4. More beef cows in worst drought regions than a year ago
5. Michigan hay buyers should plan purchases early
6. NASA backs 3D food printer to feed growing population

1. Commentary: In praise of animal foods
2. What’s on America’s grill this weekend?
3. Meat industry associations quick to attack the new MCOOL rule
4. Seven jobs more dangerous than farming
5. NASA backs 3D food printer to feed growing population
6. Post-tornado composting a solution for disposal of dead livestock