TX-OK Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT117
St Joseph, MO    Fri Apr 13, 2012    USDA Market News Service

TX/OK/NM DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

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:       1,097            Week ago:     none          Year ago:   16,657
Week to Date:   16,911            Week ago:   14,860          Year ago:   18,533

NEGOTIATED GRID BASE:
Confirmed:         519            Week ago:      283          Year ago:      985
Week to Date:    5,099            Week ago:    3,375          Year ago:    1,347


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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      545     63.6   1,180-1,265  1,217.2  122.00-122.00  122.00
  0 - 35% Choice       34     62.8   1,190-1,190  1,190.0  122.00-122.00  122.00
 Total all grades     579     63.6   1,180-1,265  1,215.6  122.00-122.00  122.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      308     63.4   1,065-1,145  1,106.5  121.00-122.00  121.75
  0 - 35% Choice                          -                      -
 Total all grades     308     63.4   1,065-1,145  1,106.5  121.00-122.00  121.75
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      210     63.8   1,010-1,059  1,034.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     210     63.8   1,010-1,059  1,034.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,097     63.6   1,010-1,265  1,150.2  121.00-122.00  121.93
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      382     65.8     832-851      843.2  193.00-193.00  193.00
  0 - 35% Choice      137     64.5     806-806      806.3  193.00-193.00  193.00
 Total all grades     519     65.4     806-851      833.5  193.00-193.00  193.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER 
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     519     65.4     806-851      833.5  193.00-193.00  193.00
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

TX/OK/NM - NM,OK,TX

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1500C







.

1. UK beef study: Birth/weaning weight
2. Early preparation key to a good calving season
3. Oil gains moderately, trading sluggish ahead of Fed
4. House cafeterias to discontinue "Meatless Mondays"
5. Crude oil expected to peak and cost of electricity to go down
6. Ag markets mixed again Tuesday

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. Peterson Brothers: What summer vacation?
6. Pasture and range conditions improve

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
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