Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Tue May 08, 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:         188            Week ago:       40          Year ago:      247
Week to Date:      598            Week ago:    1,179          Year ago:      512

NEGOTIATED GRID BASE:
Confirmed:         660            Week ago:      548          Year ago:    1,564
Week to Date:    2,989            Week ago:    2,244          Year ago:    2,666


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 - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     63.5     775-775      775.0  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.5     775-775      775.0  191.00-191.00  191.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     63.2   1,425-1,425  1,425.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.2   1,425-1,425  1,425.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       32     63.3     775-825      806.3  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      32     63.3     775-825      806.3  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      38     63.2   1,425-1,425  1,425.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     112     63.5     775-825      783.9  191.00-191.00  191.00
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       83     65.0     799-799      799.5  198.00-198.00  198.00
 65 - 80% Choice       38     62.0     806-806      806.0  194.00-194.00  194.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     121     64.1     799-806      801.5  194.00-198.00  196.74
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      160     63.0   1,125-1,125  1,125.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     160     63.0   1,125-1,125  1,125.0  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       96     63.0     715-715      715.1  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      96     63.0     715-715      715.1  195.00-195.00  195.00
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       68     63.5     799-825      815.6  193.00-198.00  194.84
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      68     63.5     799-825      815.6  193.00-198.00  194.84
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     160     63.0   1,125-1,125  1,125.0  120.00-120.00  120.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     285     63.6     715-825      775.8  193.00-198.00  195.70
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      179     59.6     775-775      775.0  187.00-187.00  187.00
 65 - 80% Choice       25     61.4     781-825      800.5  188.00-191.00  189.68
 35 - 65% Choice       11     62.5     781-781      781.3  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     215     60.0     775-825      778.3  187.00-191.00  187.52
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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