Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Tue Apr 10, 2012    USDA Market News Service

NATIONAL 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:         596            Week ago:    5,407          Year ago:      253
Week to Date:      764            Week ago:    5,974          Year ago:      977

NEGOTIATED GRID BASE:
Confirmed:         748            Week ago:    1,169          Year ago:    1,465
Week to Date:    2,608            Week ago:    2,283          Year ago:    4,501


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       91     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      91     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice       45     63.5   1,150-1,150  1,150.0  122.50-122.50  122.50
 65 - 80% Choice       85     63.5   1,250-1,250  1,250.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     130     63.5   1,150-1,250  1,215.4  120.00-122.50  120.87
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       37     63.0     775-775      775.0  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      37     63.0     775-775      775.0  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     221     63.5   1,150-1,350  1,270.8  120.00-122.50  120.51
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      37     63.0     775-775      775.0  191.00-191.00  191.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      133     60.0   1,255-1,255  1,255.0  107.00-107.00  107.00
  0 - 35% Choice                          -                      -
 Total all grades     133     60.0   1,255-1,255  1,255.0  107.00-107.00  107.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       65     62.0     741-874      789.0  188.00-194.00  191.05
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      65     62.0     741-874      789.0  188.00-194.00  191.05
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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      140     62.5   1,195-1,195  1,195.0  119.00-119.00  119.00
  0 - 35% Choice                          -                      -
 Total all grades     140     62.5   1,195-1,195  1,195.0  119.00-119.00  119.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      325     62.7   1,175-1,200  1,186.2  119.00-122.00  120.66
  0 - 35% Choice                          -                      -
 Total all grades     325     62.7   1,175-1,200  1,186.2  119.00-122.00  120.66
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       96     62.6     781-825      788.6  194.00-197.00  194.50
 35 - 65% Choice       89     63.0     724-775      748.3  193.00-194.00  193.53
  0 - 35% Choice       21     62.0     690-690      690.0  192.00-192.00  192.00
 Total all grades     206     62.7     690-825      761.1  192.00-197.00  193.83
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     465     62.7   1,175-1,200  1,188.8  119.00-122.00  120.16
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     206     62.7     690-825      761.1  192.00-197.00  193.83
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       35     60.2     817-817      817.0  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       11     61.5     768-768      768.8  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades      46     60.5     768-817      805.5  186.00-188.00  187.52
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       31     60.2     817-817      817.0  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      31     60.2     817-817      817.0  188.00-188.00  188.00

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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