Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Fri May 04, 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:      21,356            Week ago:   16,367          Year ago:    5,506
Week to Date:   45,488            Week ago:   68,752          Year ago:  168,659

NEGOTIATED GRID BASE:
Confirmed:       5,872            Week ago:    6,363          Year ago:    2,148
Week to Date:   17,378            Week ago:   23,574          Year ago:   41,682


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      923     63.5   1,300-1,500  1,386.9  121.00-123.00  122.22
 65 - 80% Choice    2,788     63.5   1,278-1,435  1,355.2  118.00-123.00  120.33
 35 - 65% Choice    3,235     63.2   1,070-1,435  1,271.2  118.00-121.00  120.04
  0 - 35% Choice                          -                      -
 Total all grades   6,946     63.4   1,070-1,500  1,320.3  118.00-123.00  120.44
STEER - DRESSED - DELIVERED
 Over 80% Choice      614     63.1     819-904      884.3  192.00-194.00  193.54
 65 - 80% Choice    1,450     63.1     803-950      900.9  192.00-195.00  193.34
 35 - 65% Choice       74     63.0     882-882      882.0  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades   2,138     63.1     803-950      895.5  191.00-195.00  193.32
HEIFER - LIVE - FOB
 Over 80% Choice      311     63.4   1,200-1,291  1,259.6  120.50-124.00  121.61
 65 - 80% Choice    2,369     63.5   1,132-1,335  1,218.4  120.00-122.00  120.33
 35 - 65% Choice    2,029     63.1   1,100-1,325  1,165.0  119.00-121.00  120.02
  0 - 35% Choice                          -                      -
 Total all grades   4,709     63.3   1,100-1,335  1,198.1  119.00-124.00  120.28
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      397     63.7     713-816      801.2  190.00-194.00  193.44
 65 - 80% Choice      669     63.4     724-950      830.0  192.00-195.00  193.10
 35 - 65% Choice      173     64.0     752-819      780.4  190.50-192.00  191.37
  0 - 35% Choice                          -                      -
 Total all grades   1,239     63.6     713-950      813.8  190.00-195.00  192.97
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      250     63.0   1,250-1,300  1,279.8  120.00-122.50  120.76
 65 - 80% Choice      561     63.3   1,225-1,300  1,279.0  116.00-121.50  119.91
 35 - 65% Choice    1,096     63.0   1,216-1,300  1,249.1  119.00-120.00  119.89
  0 - 35% Choice                          -                      -
 Total all grades   1,907     63.1   1,216-1,300  1,261.9  116.00-122.50  120.01
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      882     63.0     713-873      822.5  191.00-194.00  192.85
 65 - 80% Choice      314     63.0     744-950      885.5  191.00-195.00  192.94
 35 - 65% Choice    1,230     62.1     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades   2,426     62.6     713-950      895.3  191.00-195.00  193.95
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  13,562     63.3   1,070-1,500  1,269.7  116.00-124.00  120.32
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,803     63.0     713-950      878.0  190.00-195.00  193.51
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      251     60.9   1,325-1,350  1,346.5  113.00-115.50  113.35
 35 - 65% Choice       38     59.0   1,350-1,350  1,350.0  108.00-108.00  108.00
  0 - 35% Choice                          -                      -
 Total all grades     289     60.7   1,325-1,350  1,347.0  108.00-115.50  112.65
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       25     62.0     846-879      861.9  185.00-185.00  185.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      25     62.0     846-879      861.9  185.00-185.00  185.00
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      482     62.5   1,325-1,380  1,352.9  122.00-122.00  122.00
 65 - 80% Choice      544     62.6   1,300-1,370  1,339.1  121.00-122.00  121.89
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,026     62.6   1,300-1,380  1,345.6  121.00-122.00  121.94
STEER - DRESSED - DELIVERED
 Over 80% Choice      172     62.3     762-906      822.5  191.00-197.00  195.11
 65 - 80% Choice      172     62.8     806-821      814.4  192.00-194.00  192.85
 35 - 65% Choice      287     63.5     788-828      802.0  191.50-193.00  191.71
  0 - 35% Choice                          -                      -
 Total all grades     631     63.0     762-906      811.0  191.00-197.00  192.95
HEIFER - LIVE - FOB
 Over 80% Choice      309     62.9   1,200-1,235  1,216.3  122.00-122.00  122.00
 65 - 80% Choice      177     62.9   1,200-1,225  1,211.1  122.00-122.00  122.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     486     62.9   1,200-1,235  1,214.4  122.00-122.00  122.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       11     62.0     713-713      713.0  192.00-192.00  192.00
 65 - 80% Choice      478     63.5     756-787      781.0  192.00-195.00  193.51
 35 - 65% Choice      437     63.8     701-768      720.4  191.00-194.00  191.53
  0 - 35% Choice                          -                      -
 Total all grades     926     63.6     701-787      751.6  191.00-195.00  192.56
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      211     63.0   1,325-1,325  1,325.0  119.00-122.25  121.70
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     211     63.0   1,325-1,325  1,325.0  119.00-122.25  121.70
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      158     63.5     781-928      864.1  193.00-197.00  194.61
 65 - 80% Choice      142     62.2     713-781      763.0  193.00-194.00  193.30
 35 - 65% Choice    1,454     60.5     818-950      948.0  187.00-195.00  194.15
  0 - 35% Choice       28     62.0     710-730      721.4  190.00-190.00  190.00
 Total all grades   1,782     60.9     710-950      922.3  187.00-197.00  194.05
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,723     62.7   1,200-1,380  1,306.1  119.00-122.25  121.93
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,339     62.1     701-950      853.9  187.00-197.00  193.43
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      120     59.7     720-854      791.2  180.00-186.00  184.96
 65 - 80% Choice       30     60.0     825-825      825.0  186.00-186.00  186.00
 35 - 65% Choice       25     59.7     761-761      761.8  182.00-182.00  182.00
  0 - 35% Choice                          -                      -
 Total all grades     175     59.8     720-854      792.8  180.00-186.00  184.71
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice      143     64.8     808-808      808.3  193.00-193.00  193.00
 65 - 80% Choice       41     62.6     764-764      764.0  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     184     64.3     764-808      798.4  192.00-193.00  192.78

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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