Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Fri Apr 20, 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:      16,280            Week ago:    4,995          Year ago:    1,344
Week to Date:  121,946            Week ago:  113,863          Year ago:  128,202

NEGOTIATED GRID BASE:
Confirmed:       6,971            Week ago:    1,903          Year ago:      600
Week to Date:   30,506            Week ago:   23,882          Year ago:   27,527


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    1,007     63.2   1,250-1,450  1,368.9  121.50-127.00  125.42
 65 - 80% Choice      658     63.1   1,250-1,425  1,379.8  121.50-125.00  124.02
 35 - 65% Choice      769     63.8   1,200-1,280  1,236.4  120.00-121.50  120.35
  0 - 35% Choice                          -                      -
 Total all grades   2,434     63.4   1,200-1,450  1,330.0  120.00-127.00  123.44
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,911     62.8     781-950      876.6  197.00-200.00  199.32
 65 - 80% Choice    1,038     62.8     787-950      875.6  196.00-200.00  198.58
 35 - 65% Choice      867     62.4     803-950      882.3  198.00-200.00  198.90
  0 - 35% Choice                          -                      -
 Total all grades   3,816     62.7     781-950      877.6  196.00-200.00  199.02
HEIFER - LIVE - FOB
 Over 80% Choice      383     63.1   1,200-1,275  1,208.8  123.00-126.00  124.34
 65 - 80% Choice      228     63.7   1,125-1,285  1,220.4  121.50-124.00  122.99
 35 - 65% Choice    1,965     63.4   1,080-1,225  1,157.2  120.00-124.00  121.42
  0 - 35% Choice                          -                      -
 Total all grades   2,576     63.4   1,080-1,285  1,170.5  120.00-126.00  121.99
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      474     63.6     787-887      867.3  198.00-200.00  198.60
 65 - 80% Choice    1,940     63.1     734-849      801.9  196.00-199.00  198.21
 35 - 65% Choice      744     63.0     762-950      798.1  196.00-200.00  198.72
  0 - 35% Choice                          -                      -
 Total all grades   3,158     63.1     734-950      810.8  196.00-200.00  198.39
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      232     62.7   1,300-1,300  1,300.0  124.00-125.00  124.31
 65 - 80% Choice    1,054     63.0   1,250-1,425  1,417.9  122.00-126.00  122.16
 35 - 65% Choice      455     63.9   1,100-1,275  1,175.2  121.00-121.50  121.40
  0 - 35% Choice                          -                      -
 Total all grades   1,741     63.2   1,100-1,425  1,338.7  121.00-126.00  122.25
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,063     62.5     762-950      856.1  197.00-200.00  198.83
 65 - 80% Choice      343     62.6     761-857      797.6  196.00-199.00  198.32
 35 - 65% Choice      311     62.2     718-950      884.8  196.00-200.00  198.81
  0 - 35% Choice                          -                      -
 Total all grades   1,717     62.4     718-950      849.6  196.00-200.00  198.72
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   6,751     63.3   1,080-1,450  1,271.4  120.00-127.00  122.58
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   8,691     62.8     718-950      847.8  196.00-200.00  198.73
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     62.0     681-761      723.9  188.00-188.00  188.00
 65 - 80% Choice       40     60.0     840-840      840.0  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      78     61.0     681-840      783.4  188.00-190.00  189.03
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      160     63.4   1,465-1,465  1,465.0  124.00-124.00  124.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     160     63.4   1,465-1,465  1,465.0  124.00-124.00  124.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       63     63.0     796-904      823.5  196.00-200.00  198.98
 65 - 80% Choice    1,168     63.6     771-864      846.7  198.00-199.00  198.08
 35 - 65% Choice    1,000     64.8     787-878      832.8  192.00-198.50  194.37
  0 - 35% Choice      344     65.7     837-838      838.0  192.00-192.00  192.00
 Total all grades   2,575     64.3     771-904      839.6  192.00-200.00  195.85
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      181     63.2   1,150-1,220  1,181.3  124.00-124.00  124.00
 35 - 65% Choice      131     63.0   1,175-1,175  1,175.0  124.00-124.00  124.00
  0 - 35% Choice                          -                      -
 Total all grades     312     63.1   1,150-1,220  1,178.7  124.00-124.00  124.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     63.0     756-756      756.0  202.00-202.00  202.00
 65 - 80% Choice      988     63.5     736-887      776.6  191.00-199.00  197.08
 35 - 65% Choice       64     64.5     741-741      741.8  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades   1,132     63.6     736-887      773.2  191.00-202.00  197.20
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      650     63.0   1,225-1,325  1,305.0  124.00-125.50  125.09
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     650     63.0   1,225-1,325  1,305.0  124.00-125.50  125.09
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      226     62.4     783-950      905.6  196.00-200.00  199.36
 65 - 80% Choice       68     62.5     781-828      790.2  196.00-198.00  196.60
 35 - 65% Choice      631     60.3     793-950      942.5  197.00-200.00  197.77
  0 - 35% Choice      157     58.2     760-950      929.4  191.00-198.00  197.24
 Total all grades   1,082     60.6     760-950      923.4  191.00-200.00  197.95
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,122     63.1   1,150-1,465  1,292.7  124.00-125.50  124.63
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   4,789     63.3     736-950      842.8  191.00-202.00  196.64
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       66     60.4     825-860      842.0  188.00-192.00  190.06
 65 - 80% Choice      455     60.0     825-825      825.0  190.00-200.00  197.75
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     521     60.1     825-860      827.2  188.00-200.00  196.77
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       32     60.0     825-825      825.0  189.00-189.00  189.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      32     60.0     825-825      825.0  189.00-189.00  189.00

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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