Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Wed Apr 11, 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:       2,753            Week ago:   29,924          Year ago:    2,190
Week to Date:    3,641            Week ago:   35,898          Year ago:    3,167

NEGOTIATED GRID BASE:
Confirmed:         932            Week ago:    3,447          Year ago:    1,458
Week to Date:    3,540            Week ago:    5,730          Year ago:    5,959


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       72     63.8   1,450-1,450  1,450.0  122.00-122.00  122.00
 65 - 80% Choice      587     62.1   1,300-1,400  1,360.8  119.50-119.50  119.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     659     62.2   1,300-1,450  1,370.6  119.50-122.00  119.77
STEER - DRESSED - DELIVERED
 Over 80% Choice      336     63.7     850-920      902.1  192.00-192.00  192.00
 65 - 80% Choice    1,291     63.8     822-880      860.0  190.00-192.00  191.71
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,627     63.8     822-920      868.7  190.00-192.00  191.77
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      425     63.7     704-800      764.2  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     425     63.7     704-800      764.2  192.00-192.00  192.00
MIXED STEER/HEIFER 
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     659     62.2   1,300-1,450  1,370.6  119.50-122.00  119.77
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,052     63.7     704-920      847.1  190.00-192.00  191.81
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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice      132     62.7     718-857      828.3  190.00-196.00  192.94
 65 - 80% Choice      190     63.9     787-880      867.8  192.00-196.00  192.53
 35 - 65% Choice       13     63.0     693-693      693.0  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     335     63.4     693-880      845.5  190.00-196.00  192.71
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      150     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
  0 - 35% Choice                          -                      -
 Total all grades     150     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      109     64.1     725-975      835.1  193.00-194.00  193.42
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     109     64.1     725-975      835.1  193.00-194.00  193.42
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     150     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     444     63.5     693-975      842.9  190.00-196.00  192.88
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      194     59.9     775-775      775.0  185.00-191.00  190.32
 65 - 80% Choice      144     60.0     825-825      825.0  190.00-194.00  191.28
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     338     59.9     775-825      796.3  185.00-194.00  190.73
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
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