Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Tue May 01, 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:          40            Week ago:      560          Year ago:   15,762
Week to Date:    1,179            Week ago:    1,199          Year ago:   16,192

NEGOTIATED GRID BASE:
Confirmed:         548            Week ago:    1,490          Year ago:    1,778
Week to Date:    2,244            Week ago:    2,646          Year ago:    2,047


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                          -                      -
 65 - 80% Choice       40     63.5   1,325-1,325  1,325.0  122.00-122.00  122.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5   1,325-1,325  1,325.0  122.00-122.00  122.00
STEER - DRESSED - DELIVERED
 No reportable trade.
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER 
 No reportable trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      40     63.5   1,325-1,325  1,325.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER 
 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 
 No reportable trade.
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       73     62.5     800-800      800.0  191.00-191.00  191.00
 65 - 80% Choice       46     63.0     787-787      787.5  195.00-195.00  195.00
 35 - 65% Choice       70     61.0     950-950      950.0  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     189     62.1     787-950      852.5  191.00-195.00  193.08
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     189     62.1     787-950      852.5  191.00-195.00  193.08
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      216     59.2     775-775      775.0  185.00-192.00  186.55
 65 - 80% Choice      105     60.0     825-825      825.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     321     59.5     775-825      791.4  185.00-192.00  186.69
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       38     60.5     771-771      771.7  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades      38     60.5     771-771      771.7  186.00-186.00  186.00

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
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