TX-OK Weekly Wtd Avg Direct Slaughter Cattle - Negotiated Sales

LM_CT163
St Joseph, MO    Mon Apr 30, 2012    USDA Market News

TEXAS-OKLAHOMA-NEW MEXICO WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 4/29/2012

Confirmed:       20,919      Last Week:    11,578        Last Year:    22,017

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice                       -                        -
 65 - 80% Choice           346    1,247-1,303     1,289   119.00-119.00  119.00
 35 - 65% Choice         8,442    1,070-1,425     1,242   115.50-120.00  118.63
  0 - 35% Choice                       -                        -
 Total all grades        8,788    1,070-1,425     1,244   115.50-120.00  118.65
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice           945    1,000-1,230     1,166   119.00-120.00  119.41
 35 - 65% Choice         7,911    1,000-1,275     1,143   118.00-120.00  119.06
  0 - 35% Choice           151    1,050-1,120     1,108   119.00-119.00  119.00
 Total all grades        9,007    1,000-1,275     1,145   118.00-120.00  119.10

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice                       -                        -
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades                      -                        -
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades                      -                        -


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             8,788     1,243.80        $118.65
  Live    Heifer            9,007     1,144.60        $119.10
  Dressed Steer
  Dressed Heifer

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,026     1,230.20        $120.94
  Live    Heifer            5,032     1,118.90        $121.24
  Dressed Steer
  Dressed Heifer              114       717.50        $194.00

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer            10,588     1,260.60        $116.89
  Live    Heifer            9,016     1,145.40        $116.93
  Dressed Steer                53       916.40        $184.00
  Dressed Heifer


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
695        115.50-115.99
214        116.00-116.49
0          116.50-116.99
259        117.00-117.49
0          117.50-117.99
400        118.00-118.49
242        118.50-118.99
17,263     119.00-119.49
0          119.50-119.99
1,256      120.00-120.49


Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

1100C






.

1. Oil gains moderately, trading sluggish ahead of Fed
2. House cafeterias to discontinue "Meatless Mondays"
3. Crude oil expected to peak and cost of electricity to go down
4. Ag markets mixed again Tuesday
5. Commentary: Doggie daze
6. Recent trends oust Argentina as #1 beef consumer

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Experts weigh in on lowest beef supply in 60 years
5. Pasture and range conditions improve
6. Expert offers tips to reduce hay-drying time

1. NIAA releases white paper on FMD preparedness
2. COOL isn’t working
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time