Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Thu May 03, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 05/02/2012

Wednesday trading in the Texas Panhandle and Colorado was at a standstill. In 
Kansas, Nebraska and the Western Cornbelt trading was limited on very light 
demand. Not enough sales to fully establish a market trend. Last week in the 
Texas Panhandle live sales sold at 119.00. In Kansas live sales sold mostly at
120.00. In Nebraska live sales sold from 120.00-122.00 and dressed mostly at 
194.00. In Colorado live sales sold from 120.00-121.00. In the Western Cornbelt
live and dressed sales sold with a light test at 120.00 and 194.00, respectively.

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:      10,027            Week ago:    2,617          Year ago:   15,241
Week to Date:   13,323            Week ago:    8,120          Year ago:  149,833

NEGOTIATED GRID BASE:
Confirmed:       2,636            Week ago:    1,703          Year ago:    8,692
Week to Date:    6,774            Week ago:    7,066          Year ago:   32,557


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      875     63.8   1,275-1,375  1,351.9  120.00-123.25  121.68
 65 - 80% Choice      866     62.9   1,275-1,435  1,342.5  119.00-121.75  119.40
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,741     63.3   1,275-1,435  1,347.2  119.00-123.25  120.54
STEER - DRESSED - DELIVERED
 Over 80% Choice       90     62.5     875-875      875.0  190.00-190.00  190.00
 65 - 80% Choice    3,022     63.7     787-896      841.4  188.00-191.00  190.19
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   3,112     63.7     787-896      842.4  188.00-191.00  190.19
HEIFER - LIVE - FOB
 Over 80% Choice      445     63.4   1,115-1,342  1,236.0  120.00-122.00  120.76
 65 - 80% Choice    1,087     62.9   1,200-1,250  1,237.3  116.00-120.00  118.15
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,532     63.1   1,115-1,342  1,236.9  116.00-122.00  118.91
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      102     63.2     781-793      790.0  190.00-191.00  190.75
 65 - 80% Choice    1,098     63.4     752-950      840.2  188.00-193.00  190.80
 35 - 65% Choice      130     63.3     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades   1,330     63.4     752-950      847.1  188.00-193.00  190.91
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      424     63.4   1,125-1,300  1,168.6  120.00-122.00  120.27
 65 - 80% Choice      543     62.3   1,275-1,400  1,332.3  119.00-120.00  119.29
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     967     62.8   1,125-1,400  1,260.5  119.00-122.00  119.72
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       77     63.5     775-866      818.9  190.00-192.00  191.04
 65 - 80% Choice      356     63.7     771-832      819.3  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     433     63.6     771-866      819.2  190.00-192.00  190.18
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   4,240     63.1   1,115-1,435  1,287.6  116.00-123.25  119.77
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   4,875     63.6     752-950      841.6  188.00-193.00  190.39
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       64     60.0   1,375-1,375  1,375.0  112.00-112.00  112.00
 65 - 80% Choice      142     60.8   1,350-1,400  1,363.0  111.00-112.50  111.39
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     206     60.5   1,350-1,400  1,366.7  111.00-112.50  111.58
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       76     62.0     653-859      783.0  185.00-186.00  185.58
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     62.0     653-859      783.0  185.00-186.00  185.58
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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice       52     61.9     735-781      770.5  196.00-198.00  197.54
 65 - 80% Choice      103     63.1     780-809      795.3  167.00-197.00  193.06
 35 - 65% Choice      173     63.2     822-822      822.3  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     328     63.0     735-822      805.6  167.00-198.00  192.16
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       90     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      138     63.5     670-746      745.5  191.00-198.00  197.95
 65 - 80% Choice                          -                      -
 35 - 65% Choice       13     60.7     658-658      658.8  194.00-194.00  194.00
  0 - 35% Choice      288     62.0     850-850      850.0  191.00-191.00  191.00
 Total all grades     439     62.4     658-850      811.5  191.00-198.00  193.27
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       40     62.0   1,215-1,215  1,215.0  118.00-118.00  118.00
  0 - 35% Choice      100     61.5   1,100-1,100  1,100.0  116.50-116.50  116.50
 Total all grades     140     61.6   1,100-1,215  1,132.9  116.50-118.00  116.93
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      205     62.8     750-866      824.0  192.00-196.50  194.26
 65 - 80% Choice      219     62.5     724-850      793.2  189.00-198.00  192.96
 35 - 65% Choice       39     62.5     812-812      812.0  191.00-191.00  191.00
  0 - 35% Choice       75     62.0     775-835      804.9  184.00-194.00  189.85
 Total all grades     538     62.6     724-866      807.9  184.00-198.00  192.88
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     230     62.2   1,100-1,215  1,165.0  116.50-119.00  117.74
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,305     62.6     658-866      808.6  167.00-198.00  192.83
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      606     60.1     720-825      771.9  182.00-190.00  185.49
 65 - 80% Choice      161     60.2     744-825      817.0  184.00-191.00  187.32
 35 - 65% Choice      200     60.3     726-726      726.2  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     967     60.2     720-825      769.9  182.00-193.00  187.35
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
1130C







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