Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Wed May 02, 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:       1,990            Week ago:    3,919          Year ago:   47,654
Week to Date:    3,296            Week ago:    5,503          Year ago:  134,592

NEGOTIATED GRID BASE:
Confirmed:       1,387            Week ago:    2,095          Year ago:   13,610
Week to Date:    4,138            Week ago:    5,363          Year ago:   23,865


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      230     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
 65 - 80% Choice      416     63.4   1,150-1,375  1,354.0  119.00-120.00  119.90
 35 - 65% Choice      914     62.2   1,325-1,325  1,325.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades   1,560     62.7   1,150-1,375  1,336.4  119.00-120.00  119.97
STEER - DRESSED - DELIVERED
 No reportable trade.
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      238     63.5   1,225-1,225  1,225.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     238     63.5   1,225-1,225  1,225.0  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       43     63.5     750-750      750.0  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      43     63.5     750-750      750.0  190.00-190.00  190.00
MIXED STEER/HEIFER 
 No reportable trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,798     62.8   1,150-1,375  1,321.7  119.00-120.00  119.98
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      43     63.5     750-750      750.0  190.00-190.00  190.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.0     791-870      829.2  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     62.0     791-870      829.2  186.00-186.00  186.00
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       80     62.6     765-800      782.8  196.00-196.00  196.00
 65 - 80% Choice       88     62.7     787-806      792.8  195.00-197.00  195.91
 35 - 65% Choice                          -                      -
  0 - 35% Choice       21     62.0     775-775      775.0  195.00-195.00  195.00
 Total all grades     189     62.6     765-806      786.6  195.00-197.00  195.85
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       45     63.5     809-809      809.6  193.00-193.00  193.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      45     63.5     809-809      809.6  193.00-193.00  193.00
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      237     62.8     750-850      805.1  190.00-194.00  192.07
 65 - 80% Choice      262     62.5     666-781      762.6  191.00-198.00  193.60
 35 - 65% Choice       82     62.7     718-787      752.3  190.00-193.00  191.54
  0 - 35% Choice                          -                      -
 Total all grades     581     62.6     666-850      778.5  190.00-198.00  192.69
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     815     62.7     666-850      782.1  190.00-198.00  193.44
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      352     59.8     775-808      776.1  185.00-186.00  185.97
 65 - 80% Choice      220     60.2     775-825      819.8  186.00-191.00  188.38
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     572     59.9     775-825      792.9  185.00-191.00  186.90
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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