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

LM_CT117
St Joseph, MO    Wed May 23, 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:      10,393            Week ago:     none          Year ago:       96
Week to Date:   10,569            Week ago:     none          Year ago:   17,180

NEGOTIATED GRID BASE:
Confirmed:       2,082            Week ago:      254          Year ago:
Week to Date:    3,234            Week ago:    1,643          Year ago:      740


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      911     64.0   1,130-1,300  1,228.6  121.00-121.00  121.00
 35 - 65% Choice    3,376     63.6   1,165-1,375  1,250.2  121.00-121.00  121.00
  0 - 35% Choice      141     64.0   1,240-1,250  1,244.8  120.00-120.00  120.00
 Total all grades   4,428     63.7   1,130-1,375  1,245.6  120.00-121.00  120.97
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      634     63.5   1,150-1,240  1,183.9  121.00-121.00  121.00
 35 - 65% Choice    3,139     63.6   1,050-1,225  1,155.1  120.50-121.00  120.99
  0 - 35% Choice                          -                      -
 Total all grades   3,773     63.5   1,050-1,240  1,160.0  120.50-121.00  120.99
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      257     63.5   1,160-1,160  1,160.0  121.00-121.00  121.00
 35 - 65% Choice    1,935     63.5   1,100-1,300  1,145.6  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades   2,192     63.5   1,100-1,300  1,147.3  121.00-121.00  121.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  10,393     63.6   1,050-1,375  1,193.8  120.00-121.00  120.98
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      538     63.4     786-804      802.2  194.00-194.00  194.00
 65 - 80% Choice      140     64.5     870-870      870.8  194.00-194.00  194.00
 35 - 65% Choice      320     64.9     756-793      780.6  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     998     64.0     756-870      804.9  194.00-194.00  194.00
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       47     63.3   1,225-1,225  1,225.0  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades      47     63.3   1,225-1,225  1,225.0  121.00-121.00  121.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      188     63.0     718-743      728.5  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       54     64.0     688-688      688.0  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     242     63.2     688-743      719.5  193.00-194.00  193.78
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       78     63.5     762-762      762.0  194.00-194.00  194.00
 65 - 80% Choice       70     64.0     755-755      755.2  194.00-194.00  194.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     148     63.7     755-762      758.8  194.00-194.00  194.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      47     63.3   1,225-1,225  1,225.0  121.00-121.00  121.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,388     63.9     688-870      785.1  193.00-194.00  193.96
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       76     60.5     786-786      786.5  188.00-188.00  188.00
  0 - 35% Choice                          -                      -
 Total all grades      76     60.5     786-786      786.5  188.00-188.00  188.00
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. Will Smith dethroned in latest Peterson Farm Bros. parody
2. North Dakota’s TB status not to be affected by recent case
3. How to grow beef demand
4. 3,000 pounds of copper wire stolen from Oklahoma ranch
5. U.S. 2012/13 corn export prospects cut as global trade boosted
6. Feed grain supply prospects lowered on delayed plantings

1. Changes in U.S.-Mexican cattle and beef trade
2. Expert offers tips to reduce hay-drying time
3. Corn conditions a tad better than last year
4. Pasture and range conditions improve
5. Ag markets seem set to start this week on a downbeat
6. Will Smith dethroned in latest Peterson Farm Bros. parody

1. Commentary: Clueless consumers
2. Commentary: Why should we care about the farm bill?
3. Adapting to climate change and drought risk
4. Boehner supports House Farm Bill
5. NIAA releases white paper on FMD preparedness
6. Finding the comedy in ag-gag