Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Fri Apr 13, 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:       8,699            Week ago:    3,242          Year ago:   36,857
Week to Date:  108,794            Week ago:   83,810          Year ago:   50,109

NEGOTIATED GRID BASE:
Confirmed:       5,724            Week ago:    1,761          Year ago:    9,755
Week to Date:   21,897            Week ago:   16,425          Year ago:   19,390


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      693     63.7   1,200-1,500  1,355.8  121.25-126.75  124.50
 65 - 80% Choice      229     63.1   1,300-1,375  1,346.8  124.00-124.00  124.00
 35 - 65% Choice      259     63.5   1,200-1,300  1,248.5  122.00-122.00  122.00
  0 - 35% Choice      142     64.0   1,200-1,450  1,290.2  122.00-125.00  123.54
 Total all grades   1,323     63.6   1,200-1,500  1,326.2  121.25-126.75  123.82
STEER - DRESSED - DELIVERED
 Over 80% Choice      203     62.8     866-906      889.3  196.00-200.00  196.69
 65 - 80% Choice      575     62.6     800-906      845.9  196.00-200.00  196.77
 35 - 65% Choice       74     61.5     800-800      800.0  199.00-199.00  199.00
  0 - 35% Choice                          -                      -
 Total all grades     852     62.5     800-906      852.3  196.00-200.00  196.94
HEIFER - LIVE - FOB
 Over 80% Choice      142     64.0   1,200-1,299  1,260.6  122.00-124.50  123.51
 65 - 80% Choice      160     63.0   1,200-1,300  1,249.2  121.00-125.00  123.56
 35 - 65% Choice    2,187     63.8   1,050-1,175  1,126.7  122.00-122.00  122.00
  0 - 35% Choice      641     64.2   1,050-1,090  1,060.9  122.00-122.00  122.00
 Total all grades   3,130     63.9   1,050-1,300  1,125.5  121.00-125.00  122.15
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      452     62.3     700-852      805.4  196.00-200.00  197.48
 35 - 65% Choice       38     55.0     715-715      715.0  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     490     61.7     700-852      798.4  194.00-200.00  197.21
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      305     63.4   1,225-1,325  1,243.7  120.00-125.00  124.22
 65 - 80% Choice      188     63.0   1,250-1,250  1,250.0  125.00-125.00  125.00
 35 - 65% Choice      194     63.7   1,200-1,250  1,240.5  122.00-123.00  122.19
  0 - 35% Choice                          -                      -
 Total all grades     687     63.4   1,200-1,325  1,244.5  120.00-125.00  123.86
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     63.0     825-825      825.0  193.00-193.00  193.00
 65 - 80% Choice      330     62.7     713-850      797.1  194.00-200.00  196.55
 35 - 65% Choice    1,016     61.9     762-869      801.4  196.00-201.00  200.53
  0 - 35% Choice                          -                      -
 Total all grades   1,384     62.1     713-869      801.0  193.00-201.00  199.37
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   5,140     63.7   1,050-1,500  1,193.1  120.00-126.75  122.81
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,726     62.2     700-906      816.5  193.00-201.00  198.22
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       74     61.5   1,425-1,425  1,425.0  116.00-116.00  116.00
 35 - 65% Choice       67     60.0   1,265-1,265  1,265.0  112.00-112.00  112.00
  0 - 35% Choice                          -                      -
 Total all grades     141     60.8   1,265-1,425  1,349.0  112.00-116.00  114.10
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       11     62.0     817-817      817.0  186.00-186.00  186.00
 65 - 80% Choice      106     61.0     823-823      823.5  190.00-191.00  190.25
 35 - 65% Choice       18     60.0     850-850      850.0  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     135     60.9     817-850      826.5  186.00-191.00  189.87
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      165     62.9   1,150-1,200  1,164.4  120.00-122.00  120.79
  0 - 35% Choice                          -                      -
 Total all grades     165     62.9   1,150-1,200  1,164.4  120.00-122.00  120.79
STEER - DRESSED - DELIVERED
 Over 80% Choice      136     62.1     750-803      774.7  199.00-200.00  199.71
 65 - 80% Choice       40     62.0     775-775      775.0  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice       43     63.4     853-853      853.9  202.00-202.00  202.00
 Total all grades     219     62.3     750-853      790.3  199.00-202.00  200.21
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       43     64.0     745-745      745.6  196.00-196.00  196.00
 35 - 65% Choice       19     63.0     787-787      787.5  195.00-195.00  195.00
  0 - 35% Choice       32     62.0     850-850      850.0  192.00-192.00  192.00
 Total all grades      94     63.1     745-850      789.6  192.00-196.00  194.44
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice    2,057     63.0   1,325-1,325  1,325.0  124.00-127.00  125.85
 35 - 65% Choice      490     63.0   1,175-1,250  1,202.9  119.00-120.00  119.40
  0 - 35% Choice                          -                      -
 Total all grades   2,547     63.0   1,175-1,325  1,301.5  119.00-127.00  124.61
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      263     63.3     750-850      802.3  193.00-197.00  194.71
 65 - 80% Choice      286     62.7     735-825      791.3  191.00-206.00  197.80
 35 - 65% Choice      866     60.3     734-950      803.0  190.50-201.00  199.14
  0 - 35% Choice      158     58.7     725-800      781.8  187.00-197.00  196.05
 Total all grades   1,573     61.1     725-950      798.6  187.00-206.00  197.85
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,712     63.0   1,150-1,325  1,293.2  119.00-127.00  124.37
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,886     61.3     725-950      797.2  187.00-206.00  197.95
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     60.5   1,300-1,300  1,300.0  115.00-115.00  115.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     60.5   1,300-1,300  1,300.0  115.00-115.00  115.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      278     59.9     775-775      775.0  189.00-196.00  191.19
 65 - 80% Choice       68     60.0     825-825      825.0  190.00-191.00  190.49
 35 - 65% Choice       33     58.9     729-729      729.7  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades     379     59.8     729-825      780.0  186.00-196.00  190.61
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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