TX-OK Daily Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT116
St Joseph, MO    Mon Apr 16, 2012    USDA Market News Service

TX/OK/NM 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:          15            Week ago:       15          Year ago:    5,554
Week to Date:   16,926            Week ago:   14,875          Year ago:   24,087

NEGOTIATED GRID BASE:
Confirmed:       3,099            Week ago:    4,173          Year ago:    5,272
Week to Date:    8,198            Week ago:    7,548          Year ago:    6,619


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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 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      15     60.0   1,250-1,250  1,250.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      15     60.0   1,250-1,250  1,250.0  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 - 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                          -                      -
 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     189     63.5     750-750      750.0  192.00-192.00  192.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 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   1,538     62.6   1,125-1,225  1,188.5  118.00-122.00  119.76
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      226     62.5     750-775      765.3  191.00-192.00  191.58
  0 - 35% Choice      245     62.3     775-775      775.0  186.00-186.00  186.00
 Total all grades     471     62.4     750-775      770.3  186.00-192.00  188.68
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,349     62.6   1,125-1,225  1,179.5  118.00-122.00  119.65
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     660     62.7     750-775      764.5  186.00-192.00  189.63
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

TX/OK/NM - NM,OK,TX

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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