Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Thu Apr 12, 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:       8,753            Week ago:    9,242          Year ago:    8,557
Week to Date:  100,015            Week ago:   80,568          Year ago:   13,252

NEGOTIATED GRID BASE:
Confirmed:       2,324            Week ago:    3,013          Year ago:    2,131
Week to Date:   16,173            Week ago:   14,664          Year ago:    9,635


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       78     61.8   1,250-1,425  1,335.3  122.00-125.00  123.54
 65 - 80% Choice      486     63.4   1,300-1,400  1,320.7  123.00-127.00  125.87
 35 - 65% Choice       37     63.5   1,300-1,300  1,300.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     601     63.2   1,250-1,425  1,321.3  122.00-127.00  125.33
STEER - DRESSED - DELIVERED
 Over 80% Choice      328     63.1     843-904      873.3  196.00-200.00  197.26
 65 - 80% Choice      699     62.8     819-950      907.0  194.00-200.00  198.50
 35 - 65% Choice      661     62.4     950-950      950.0  200.00-201.00  200.78
  0 - 35% Choice                          -                      -
 Total all grades   1,688     62.7     819-950      917.3  194.00-201.00  199.15
HEIFER - LIVE - FOB
 Over 80% Choice      140     62.8   1,225-1,250  1,235.7  122.00-125.00  123.14
 65 - 80% Choice      223     63.8   1,150-1,300  1,242.8  123.50-125.00  124.43
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     363     63.4   1,150-1,300  1,240.1  122.00-125.00  123.93
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      472     63.4     706-857      808.2  195.00-198.00  196.46
 65 - 80% Choice      827     62.6     756-950      896.1  196.00-200.00  198.79
 35 - 65% Choice      652     62.6     950-950      950.0  200.00-201.00  200.88
  0 - 35% Choice                          -                      -
 Total all grades   1,951     62.8     706-950      892.9  195.00-201.00  198.92
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      262     63.3   1,275-1,470  1,385.7  123.00-126.00  124.20
 65 - 80% Choice      236     61.5   1,250-1,266  1,263.6  123.00-124.00  123.85
 35 - 65% Choice      681     63.1   1,100-1,225  1,137.7  120.00-122.00  121.37
  0 - 35% Choice                          -                      -
 Total all grades   1,179     62.8   1,100-1,470  1,218.0  120.00-126.00  122.50
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      653     62.7     774-929      800.8  196.00-197.00  196.81
 65 - 80% Choice      729     62.8     671-950      898.9  195.00-200.00  198.04
 35 - 65% Choice      158     61.9     950-950      950.0  199.00-200.00  199.49
  0 - 35% Choice                          -                      -
 Total all grades   1,540     62.6     671-950      862.6  195.00-200.00  197.67
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,143     63.0   1,100-1,470  1,250.7  120.00-127.00  123.53
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,179     62.7     671-950      891.8  194.00-201.00  198.62
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      343     60.5   1,375-1,425  1,380.0  112.00-117.00  116.34
 65 - 80% Choice                          -                      -
 35 - 65% Choice       88     59.5   1,275-1,275  1,275.0  112.00-112.00  112.00
  0 - 35% Choice                          -                      -
 Total all grades     431     60.3   1,275-1,425  1,358.5  112.00-117.00  115.45
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       29     62.0     748-864      800.4  185.00-188.00  186.34
 65 - 80% Choice       74     60.0     810-810      810.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     103     60.6     748-864      807.3  185.00-188.00  186.82
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       58     62.5     781-843      802.9  194.00-196.00  194.69
 65 - 80% Choice       25     62.5     781-781      781.3  194.00-194.00  194.00
 35 - 65% Choice      531     65.8     775-808      807.2  192.50-193.00  192.98
  0 - 35% Choice      250     66.0     792-792      792.0  193.00-193.00  193.00
 Total all grades     864     65.6     775-843      801.8  192.50-196.00  193.13
HEIFER - LIVE - FOB
 No reportable trade.

HEIFER - DRESSED - DELIVERED
 Over 80% Choice       56     62.9     781-787      785.7  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      108     66.0     742-742      742.5  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     164     64.9     742-787      757.3  193.00-195.00  193.68
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      112     62.8     790-803      800.2  195.00-197.00  196.20
 65 - 80% Choice      110     62.4     718-819      762.9  190.00-197.00  194.86
 35 - 65% Choice      667     60.0     950-950      950.0  196.00-198.00  197.32
  0 - 35% Choice                          -                      -
 Total all grades     889     60.6     718-950      908.0  190.00-198.00  196.87
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,917     63.2     718-950      847.2  190.00-198.00  194.91
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      320     60.2   1,330-1,370  1,345.6  114.00-115.00  114.75
 65 - 80% Choice       40     60.5   1,300-1,300  1,300.0  114.00-114.00  114.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     360     60.2   1,300-1,370  1,340.6  114.00-115.00  114.67
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       35     59.0     775-775      775.0  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     59.0     775-775      775.0  191.00-191.00  191.00
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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