Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Wed Apr 11, 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:       3,955            Week ago:   16,263          Year ago:      682
Week to Date:    7,596            Week ago:   52,161          Year ago:    3,849

NEGOTIATED GRID BASE:
Confirmed:       1,128            Week ago:    1,299          Year ago:      576
Week to Date:    4,668            Week ago:    7,029          Year ago:    6,535


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      154     63.3   1,475-1,475  1,475.0  122.00-122.00  122.00
 65 - 80% Choice      328     63.1   1,385-1,475  1,451.1  120.00-122.00  121.47
 35 - 65% Choice      284     63.5   1,185-1,185  1,185.0  119.00-119.00  119.00
  0 - 35% Choice                          -                      -
 Total all grades     766     63.3   1,185-1,475  1,357.3  119.00-122.00  120.66
STEER - DRESSED - DELIVERED
 Over 80% Choice      330     63.9     920-944      941.1  192.00-193.00  192.12
 65 - 80% Choice      538     63.0     812-950      857.8  192.00-193.00  192.29
 35 - 65% Choice       35     61.5     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     903     63.3     812-950      891.8  192.00-193.00  192.22
HEIFER - LIVE - FOB
 Over 80% Choice      491     63.3   1,175-1,375  1,296.6  121.00-123.00  121.53
 65 - 80% Choice      176     62.7   1,100-1,100  1,100.0  119.00-119.00  119.00
 35 - 65% Choice      172     63.5   1,150-1,150  1,150.0  119.00-119.00  119.00
  0 - 35% Choice                          -                      -
 Total all grades     839     63.2   1,100-1,375  1,225.3  119.00-123.00  120.48
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      151     64.0     880-880      880.0  192.00-192.00  192.00
 65 - 80% Choice      572     63.4     723-950      822.0  192.00-193.00  192.39
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     723     63.5     723-950      834.1  192.00-193.00  192.31
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       76     63.5   1,225-1,225  1,225.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     63.5   1,225-1,225  1,225.0  119.00-119.00  119.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      200     63.2     790-799      792.5  192.00-194.00  193.58
 65 - 80% Choice      165     62.6     764-950      800.9  192.00-193.00  192.24
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     365     62.9     764-950      796.3  192.00-194.00  192.98
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,681     63.3   1,100-1,475  1,285.4  119.00-123.00  120.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,991     63.3     723-950      853.3  192.00-194.00  192.39
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       60     62.0     795-900      836.4  188.00-194.00  190.27
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     62.0     795-900      836.4  188.00-194.00  190.27
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      228     63.2   1,300-1,300  1,300.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     228     63.2   1,300-1,300  1,300.0  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       16     63.3     838-838      838.4  198.00-198.00  198.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       45     61.0     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades      61     61.6     838-950      920.7  192.00-198.00  193.57
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       51     62.0     806-806      806.0  189.00-189.00  189.00
  0 - 35% Choice      259     62.0     850-850      850.0  192.00-192.00  192.00
 Total all grades     310     62.0     806-850      842.8  189.00-192.00  191.51
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       83     62.8     776-825      795.2  192.00-192.50  192.27
 65 - 80% Choice      212     62.4     735-781      777.5  192.00-194.00  193.70
 35 - 65% Choice       36     62.5     687-687      687.5  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     331     62.5     687-825      772.1  190.00-194.00  192.94
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     228     63.2   1,300-1,300  1,300.0  120.00-120.00  120.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     702     62.2     687-950      816.2  189.00-198.00  192.36
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       67     59.6     767-817      790.9  188.00-188.00  188.00
 65 - 80% Choice       13     60.0     825-825      825.0  188.00-188.00  188.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     59.6     767-825      796.4  188.00-188.00  188.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       17     60.9     752-752      752.8  200.00-200.00  200.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      17     60.9     752-752      752.8  200.00-200.00  200.00

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
1500C







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