Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Thu May 31, 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:      13,097            Week ago:   15,246          Year ago:    7,187
Week to Date:   17,435            Week ago:   69,430          Year ago:  141,420

NEGOTIATED GRID BASE:
Confirmed:       1,858            Week ago:    3,849          Year ago:    6,680
Week to Date:    7,894            Week ago:   20,222          Year ago:   25,226


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      382     63.3   1,300-1,400  1,357.2  121.50-124.00  122.22
 65 - 80% Choice      705     63.2   1,325-1,425  1,387.9  120.00-122.00  121.52
 35 - 65% Choice    1,588     61.4   1,300-1,350  1,333.4  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades   2,675     62.2   1,300-1,425  1,351.2  120.00-124.00  121.31
STEER - DRESSED - DELIVERED
 Over 80% Choice    2,053     64.0     762-938      895.3  193.00-195.00  194.55
 65 - 80% Choice    2,440     63.8     803-904      867.2  193.00-195.00  193.86
 35 - 65% Choice    1,180     62.9     852-950      937.0  194.00-195.00  194.87
  0 - 35% Choice                          -                      -
 Total all grades   5,673     63.6     762-950      891.9  193.00-195.00  194.32
HEIFER - LIVE - FOB
 Over 80% Choice       87     63.9   1,175-1,225  1,200.3  122.00-124.00  123.01
 65 - 80% Choice      150     61.8   1,220-1,220  1,220.0  121.00-121.00  121.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     237     62.6   1,175-1,225  1,212.8  121.00-124.00  121.74
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       82     63.0     771-771      771.0  195.00-195.00  195.00
 65 - 80% Choice      541     63.7     756-864      804.3  193.00-195.00  194.33
 35 - 65% Choice      468     63.1     789-950      914.3  194.00-195.00  194.78
  0 - 35% Choice                          -                      -
 Total all grades   1,091     63.4     756-950      849.0  193.00-195.00  194.57
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      104     63.9   1,225-1,250  1,245.2  121.00-122.00  121.81
 65 - 80% Choice                          -                      -
 35 - 65% Choice      316     62.4   1,235-1,245  1,242.3  121.50-121.50  121.50
  0 - 35% Choice                          -                      -
 Total all grades     420     62.8   1,225-1,250  1,243.0  121.00-122.00  121.58
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      498     63.5     725-920      862.9  190.00-195.00  192.27
 65 - 80% Choice      445     63.2     787-920      843.0  193.00-195.00  194.74
 35 - 65% Choice    1,364     62.9     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades   2,307     63.1     725-950      910.6  190.00-195.00  194.36
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,332     62.3   1,175-1,425  1,327.7  120.00-124.00  121.37
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   9,071     63.5     725-950      891.5  190.00-195.00  194.36
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       38     61.0   1,435-1,435  1,435.0  110.00-110.00  110.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     61.0   1,435-1,435  1,435.0  110.00-110.00  110.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      124     61.0     779-870      819.8  181.00-189.00  186.42
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       13     62.0     801-801      801.7  184.00-184.00  184.00
 Total all grades     137     61.1     779-870      818.1  181.00-189.00  186.19
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      102     63.0   1,225-1,225  1,225.0  123.00-123.00  123.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     102     63.0   1,225-1,225  1,225.0  123.00-123.00  123.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      193     63.3     744-812      790.9  194.00-196.00  195.19
 65 - 80% Choice                          -                      -
 35 - 65% Choice       42     62.0     790-790      790.0  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     235     63.0     744-812      790.7  194.00-196.00  194.97
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       84     62.6     756-800      775.4  193.00-194.00  193.56
 65 - 80% Choice       64     62.3     744-812      785.4  192.00-194.00  193.22
 35 - 65% Choice      760     60.0     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice      298     58.5     950-950      950.0  194.00-194.00  194.00
 Total all grades   1,206     59.9     744-950      929.1  192.00-195.00  194.56
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     102     63.0   1,225-1,225  1,225.0  123.00-123.00  123.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,441     60.4     744-950      906.5  192.00-196.00  194.63
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      148     59.9     715-775      743.2  187.00-189.00  187.93
 65 - 80% Choice                          -                      -
 35 - 65% Choice      108     62.6     828-828      828.5  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     256     61.1     715-828      779.2  187.00-192.00  189.65
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       40     64.2     617-617      617.0  197.00-197.00  197.00
  0 - 35% Choice                          -                      -
 Total all grades      40     64.2     617-617      617.0  197.00-197.00  197.00

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







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