Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Fri May 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:      19,221            Week ago:   21,356          Year ago:    2,290
Week to Date:   29,656            Week ago:   45,488          Year ago:  108,718

NEGOTIATED GRID BASE:
Confirmed:       2,536            Week ago:    5,872          Year ago:    2,010
Week to Date:   13,091            Week ago:   17,378          Year ago:   30,153


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      446     62.9   1,300-1,450  1,341.6  119.00-122.00  120.08
 65 - 80% Choice      542     63.6   1,300-1,400  1,355.5  119.00-121.00  119.83
 35 - 65% Choice    3,336     62.0   1,240-1,370  1,293.3  119.00-122.00  120.31
  0 - 35% Choice                          -                      -
 Total all grades   4,324     62.3   1,240-1,450  1,306.1  119.00-122.00  120.22
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,283     63.4     777-920      880.2  190.00-193.00  192.70
 65 - 80% Choice    3,619     63.5     800-896      855.5  190.00-193.00  192.74
 35 - 65% Choice    1,382     63.0     950-950      950.0  193.00-194.00  193.83
  0 - 35% Choice                          -                      -
 Total all grades   6,284     63.4     777-950      881.3  190.00-194.00  192.97
HEIFER - LIVE - FOB
 Over 80% Choice      225     63.1   1,150-1,270  1,165.8  120.00-122.00  120.12
 65 - 80% Choice      347     63.3   1,135-1,275  1,221.6  119.00-122.00  120.82
 35 - 65% Choice      561     64.0   1,150-1,250  1,170.5  119.00-122.00  119.89
  0 - 35% Choice      187     63.5   1,100-1,100  1,100.0  121.00-121.00  121.00
 Total all grades   1,320     63.6   1,100-1,275  1,173.1  119.00-122.00  120.33
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      289     63.3     759-803      787.1  192.00-194.00  192.92
 65 - 80% Choice    1,244     63.7     724-950      798.3  190.00-194.00  191.29
 35 - 65% Choice      554     63.0     950-950      950.0  193.00-194.00  193.60
  0 - 35% Choice                          -                      -
 Total all grades   2,087     63.4     724-950      837.0  190.00-194.00  192.13
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       80     63.9   1,275-1,325  1,300.0  122.00-122.50  122.25
 65 - 80% Choice      195     63.2     796-1,425  1,271.1  119.00-120.00  119.82
 35 - 65% Choice      326     62.4   1,200-1,300  1,280.1  119.00-120.00  119.80
  0 - 35% Choice                          -                      -
 Total all grades     601     62.9     796-1,425  1,279.8  119.00-122.50  120.13
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      240     63.5     775-832      819.3  190.00-193.00  191.03
 65 - 80% Choice      809     63.0     781-950      891.0  190.00-194.00  192.63
 35 - 65% Choice    1,253     62.3     950-950      950.0  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades   2,302     62.6     775-950      915.6  190.00-194.00  193.21
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   6,245     62.6     796-1,450  1,275.5  119.00-122.50  120.24
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades  10,673     63.2     724-950      880.0  190.00-194.00  192.86
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       45     62.0     803-872      839.3  185.00-188.00  187.07
 65 - 80% Choice       80     59.5     850-850      850.9  182.00-182.00  182.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     125     60.4     803-872      846.7  182.00-188.00  183.82
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      138     62.2     793-861      815.9  192.00-196.00  194.87
 65 - 80% Choice      234     61.2     750-787      760.9  192.00-200.00  197.08
 35 - 65% Choice       35     61.2     705-705      705.5  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     407     61.6     705-861      774.8  191.00-200.00  195.81
HEIFER - LIVE - FOB
 No reportable trade.

HEIFER - DRESSED - DELIVERED
 Over 80% Choice       86     63.9     730-829      776.4  192.00-194.00  192.93
 65 - 80% Choice       61     62.2     683-683      683.2  200.00-200.00  200.00
 35 - 65% Choice       82     60.0     950-950      950.0  193.00-193.00  193.00
  0 - 35% Choice      119     62.0     850-850      850.0  190.00-190.00  190.00
 Total all grades     348     62.0     683-950      826.1  190.00-200.00  193.18
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.

MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      189     62.3     750-840      774.5  192.00-194.00  193.48
 65 - 80% Choice      127     62.6     655-803      764.5  189.00-194.00  191.40
 35 - 65% Choice      858     60.1     783-950      945.4  192.00-194.00  193.36
  0 - 35% Choice       34     62.0     725-800      766.9  188.00-191.00  189.68
 Total all grades   1,208     60.7     655-950      894.6  188.00-194.00  193.07
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,963     61.1     655-950      857.6  188.00-200.00  193.66
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.

DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       12     60.0     675-675      675.0  179.00-179.00  179.00
 35 - 65% Choice       51     58.0     754-754      754.0  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades      63     58.4     675-754      739.0  179.00-186.00  184.67
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.

MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       20     62.9     764-764      764.5  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      20     62.9     764-764      764.5  192.00-192.00  192.00

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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