Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Mon Apr 16, 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:       2,085            Week ago:      248          Year ago:   10,676
Week to Date:  115,948            Week ago:   85,263          Year ago:  118,243

NEGOTIATED GRID BASE:
Confirmed:       4,680            Week ago:    4,805          Year ago:   17,072
Week to Date:   28,562            Week ago:   24,591          Year ago:   41,117


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      178     63.2   1,350-1,350  1,350.0  123.50-123.50  123.50
 65 - 80% Choice       80     62.0   1,200-1,200  1,200.0  121.50-121.50  121.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     258     62.8   1,200-1,350  1,303.5  121.50-123.50  122.88
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      195     63.0     819-819      819.0  196.00-196.00  196.00
 35 - 65% Choice      236     63.0     787-787      787.5  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades     431     63.0     787-819      801.8  196.00-196.00  196.00
HEIFER - LIVE - FOB
 Over 80% Choice      124     63.0   1,200-1,200  1,200.0  124.00-125.00  124.35
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     124     63.0   1,200-1,200  1,200.0  124.00-125.00  124.35
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      220     63.2     759-759      759.0  196.00-196.00  196.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     220     63.2     759-759      759.0  196.00-196.00  196.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      111     62.0   1,400-1,400  1,400.0  123.50-123.50  123.50
 65 - 80% Choice      126     63.2   1,200-1,400  1,333.3  123.00-124.00  123.67
 35 - 65% Choice       15     60.0   1,250-1,250  1,250.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     252     62.5   1,200-1,400  1,357.7  122.00-124.00  123.49
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      253     63.0     803-803      803.3  196.00-196.00  196.00
 35 - 65% Choice      188     63.0     787-787      787.5  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades     441     63.0     787-803      796.6  196.00-196.00  196.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     634     62.7   1,200-1,400  1,304.8  121.50-125.00  123.41
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,092     63.0     759-819      791.0  196.00-196.00  196.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     61.0   1,300-1,300  1,300.0  113.00-113.00  113.00
 65 - 80% Choice       74     60.5   1,325-1,375  1,350.7  114.00-115.00  114.49
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     112     60.7   1,300-1,375  1,333.5  113.00-115.00  113.98
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      406     62.7   1,150-1,200  1,174.8  118.00-120.00  119.38
  0 - 35% Choice      405     62.5   1,150-1,150  1,150.0  119.50-119.50  119.50
 Total all grades     811     62.6   1,150-1,200  1,162.4  118.00-120.00  119.44
STEER - DRESSED - DELIVERED
 Over 80% Choice       30     60.0     840-840      840.0  197.00-199.00  198.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      189     63.5     750-750      750.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     219     63.0     750-840      762.3  192.00-199.00  192.82
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       18     59.0     678-678      678.5  198.00-198.00  198.00
  0 - 35% Choice                          -                      -
 Total all grades      18     59.0     678-678      678.5  198.00-198.00  198.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       89     63.0   1,325-1,325  1,325.0  122.50-124.50  123.29
 35 - 65% Choice    1,495     62.6   1,125-1,225  1,187.8  118.00-122.00  119.75
  0 - 35% Choice       43     62.8   1,215-1,215  1,215.0  120.00-120.00  120.00
 Total all grades   1,627     62.6   1,125-1,325  1,196.0  118.00-124.50  119.95
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       45     63.0     662-662      662.0  198.00-198.00  198.00
 65 - 80% Choice      329     62.8     750-819      789.9  191.00-204.00  199.39
 35 - 65% Choice      421     62.6     713-803      773.9  191.00-196.00  193.63
  0 - 35% Choice      245     62.3     775-775      775.0  186.00-186.00  186.00
 Total all grades   1,040     62.6     662-819      774.4  186.00-204.00  193.84
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,438     62.6   1,125-1,325  1,184.8  118.00-124.50  119.78
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,277     62.7     662-840      771.0  186.00-204.00  193.73
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      278     59.9     775-775      775.0  191.00-197.00  193.96
 65 - 80% Choice      360     60.0     825-825      825.0  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     638     60.0     775-825      803.2  191.00-200.00  197.37
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      115     61.0     705-825      779.2  190.00-203.00  195.28
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     115     61.0     705-825      779.2  190.00-203.00  195.28

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
1100C







.

1. Zoetis, Texas Tech partner in Salmonella research
2. D.C. Watch: Farm bill progressing
3. Visit New York during the National Angus Conference and Tour
4. Cooking with beef: Beef steak and black bean soft tacos
5. Hay buyers should plan purchases early
6. Schwieterman: Cattle futures end week with sharp losses

1. U.S. cattle placements rise in April as feed costs subside
2. Ag markets were mixed to start the new week
3. Insects. They’re what’s for dinner!
4. New school lunch beef recipes win approval from kids, foodservice
5. Drought losses in Oklahoma top $400 million for 2012
6. The relationship between retail gasoline prices and futures prices

1. Insects. They’re what’s for dinner!
2. Commentary: Slanting the statistics
3. Tyson selects panel to monitor animal welfare program
4. Buffet concerned about soil and starvation
5. Cold spring stunts upper Midwest hay crop
6. N.M. rancher charged with 43 counts of animal cruelty