Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Mon Mar 26, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning
Primarily trade from previous afternoon

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:       1,696            Week ago:    3,210          Year ago:    1,358
Week to Date:  143,498            Week ago:  129,715          Year ago:  147,197

NEGOTIATED GRID BASE:
Confirmed:       4,990            Week ago:    7,625          Year ago:    2,269
Week to Date:   35,113            Week ago:   31,025          Year ago:   27,786


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
 No reportable trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice      105     62.4     821-866      839.8  202.50-203.00  202.70
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     105     62.4     821-866      839.8  202.50-203.00  202.70
HEIFER - LIVE - FOB
 Over 80% Choice       38     64.0   1,225-1,225  1,225.0  126.50-126.50  126.50
 65 - 80% Choice      575     62.7   1,300-1,300  1,300.0  128.00-128.00  128.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     613     62.8   1,225-1,300  1,295.4  126.50-128.00  127.91
HEIFER - DRESSED - DELIVERED
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      410     63.0   1,175-1,175  1,175.0  128.00-128.00  128.00
 35 - 65% Choice       15     60.0   1,300-1,300  1,300.0  126.00-126.00  126.00
  0 - 35% Choice                          -                      -
 Total all grades     425     62.9   1,175-1,300  1,179.4  126.00-128.00  127.93
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.5     843-843      843.0  203.00-203.00  203.00
 65 - 80% Choice      287     63.5     825-825      825.5  203.00-203.00  203.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     327     63.4     825-843      827.6  203.00-203.00  203.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,038     62.8   1,175-1,300  1,247.9  126.00-128.00  127.92
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     432     63.1     821-866      830.6  202.50-203.00  202.93
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      111     61.5   1,425-1,425  1,425.0  117.00-117.00  117.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     111     61.5   1,425-1,425  1,425.0  117.00-117.00  117.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No reportable trade.
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    1,138     63.7   1,200-1,285  1,279.7  122.00-124.50  122.15
  0 - 35% Choice                          -                      -
 Total all grades   1,138     63.7   1,200-1,285  1,279.7  122.00-124.50  122.15
STEER - DRESSED - DELIVERED
 Over 80% Choice      114     62.0     793-819      805.7  200.00-204.00  202.67
 65 - 80% Choice       39     60.8     786-838      813.3  204.00-204.00  204.00
 35 - 65% Choice      329     63.0     775-775      775.0  196.00-196.00  196.00
  0 - 35% Choice       12     63.0     913-913      913.5  204.00-204.00  204.00
 Total all grades     494     62.6     775-913      788.5  196.00-204.00  198.36
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       65     62.6   1,150-1,175  1,169.2  123.00-126.00  123.69
  0 - 35% Choice                          -                      -
 Total all grades      65     62.6   1,150-1,175  1,169.2  123.00-126.00  123.69
HEIFER - DRESSED - DELIVERED
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice    1,516     62.7   1,125-1,215  1,188.0  123.00-127.00  124.58
  0 - 35% Choice                          -                      -
 Total all grades   1,516     62.7   1,125-1,215  1,188.0  123.00-127.00  124.58
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       12     62.5     718-718      718.8  200.00-200.00  200.00
 65 - 80% Choice       31     63.0     787-825      811.7  204.00-205.00  204.65
 35 - 65% Choice      185     61.5     724-950      846.6  197.00-203.00  198.78
  0 - 35% Choice       70     57.5     950-950      950.0  200.00-200.00  200.00
 Total all grades     298     60.8     718-950      862.1  197.00-205.00  199.73
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,719     63.2   1,125-1,285  1,226.0  122.00-127.00  123.54
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     792     61.9     718-950      816.2  196.00-205.00  198.88
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      302     59.7     775-775      775.0  195.00-198.00  196.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice       78     61.0     793-793      793.0  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     380     60.0     775-793      778.7  194.00-198.00  195.98
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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