Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Fri May 04, 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:       3,467            Week ago:   25,362          Year ago:    2,524
Week to Date:   24,094            Week ago:   52,385          Year ago:  163,153

NEGOTIATED GRID BASE:
Confirmed:       2,184            Week ago:    5,727          Year ago:    5,523
Week to Date:   11,506            Week ago:   17,211          Year ago:   39,534


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    1,135     63.5   1,275-1,500  1,405.5  120.00-123.00  121.55
 65 - 80% Choice       40     63.5   1,325-1,325  1,325.0  123.00-123.00  123.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice      250     64.0   1,220-1,220  1,220.0  121.50-121.50  121.50
 Total all grades   1,425     63.6   1,220-1,500  1,370.7  120.00-123.00  121.58
STEER - DRESSED - DELIVERED
 Over 80% Choice      108     63.0     950-950      950.0  195.00-195.00  195.00
 65 - 80% Choice       77     62.3     950-950      950.0  193.00-195.00  194.04
 35 - 65% Choice      178     62.5     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades     363     62.6     950-950      950.0  193.00-195.00  194.80
HEIFER - LIVE - FOB
 Over 80% Choice       42     64.5   1,200-1,200  1,200.0  123.00-123.00  123.00
 65 - 80% Choice      283     63.2   1,150-1,245  1,227.1  121.00-122.50  121.39
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     325     63.4   1,150-1,245  1,223.6  121.00-123.00  121.60
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      292     63.2     765-819      811.2  191.00-194.00  191.55
 65 - 80% Choice       28     62.0     950-950      950.0  195.00-195.00  195.00
 35 - 65% Choice      148     62.2     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades     468     62.8     765-950      863.4  191.00-195.00  192.85
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      248     64.0   1,175-1,299  1,222.1  120.00-124.00  123.10
 65 - 80% Choice       89     62.5   1,225-1,280  1,252.8  118.00-120.75  119.36
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     337     63.6   1,175-1,299  1,230.2  118.00-124.00  122.11
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       20     61.5     753-753      753.4  189.00-189.00  189.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      20     61.5     753-753      753.4  189.00-189.00  189.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,087     63.5   1,150-1,500  1,325.1  118.00-124.00  121.67
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     851     62.7     753-950      897.8  189.00-195.00  193.59
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       34     60.5   1,375-1,375  1,375.0  110.50-110.50  110.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     60.5   1,375-1,375  1,375.0  110.50-110.50  110.50
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 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      331     62.5     750-840      807.2  195.00-198.00  196.16
 65 - 80% Choice      113     63.0     768-787      777.6  192.00-197.00  193.96
 35 - 65% Choice                          -                      -
  0 - 35% Choice       36     63.0     819-819      819.0  196.00-196.00  196.00
 Total all grades     480     62.6     750-840      801.1  192.00-198.00  195.63
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       97     62.0     850-850      850.0  191.00-191.00  191.00
 Total all grades      97     62.0     850-850      850.0  191.00-191.00  191.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      141     63.0   1,325-1,325  1,325.0  122.00-122.00  122.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     141     63.0   1,325-1,325  1,325.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      223     63.0     683-875      783.9  192.00-196.00  193.25
 65 - 80% Choice      306     62.8     724-825      795.2  189.00-198.00  194.88
 35 - 65% Choice      273     61.1     734-950      863.5  190.00-195.00  193.10
  0 - 35% Choice                          -                      -
 Total all grades     802     62.3     683-950      815.3  189.00-198.00  193.82
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     141     63.0   1,325-1,325  1,325.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,379     62.4     683-950      812.8  189.00-198.00  194.25
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      407     59.9     775-775      775.0  187.00-188.00  187.08
 65 - 80% Choice      122     60.9     754-852      804.0  182.00-188.00  185.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     529     60.1     754-852      781.7  182.00-188.00  186.66
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       35     60.0     825-825      825.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     60.0     825-825      825.0  187.00-187.00  187.00

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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