Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Wed Apr 04, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 04/03/2012

Tuesday in the Texas Panhandle saw moderate trading and demand. Compared to last
week live sales sold 3.00 lower at 122.00 with a few at 122.50. In Kansas trading
was slow to moderate with light to moderate demand. Compared to last week live sales
sold 3.00 lower at 122.00. In the Northern Plains and Iowa-Minnesota trading was
slow on light demand. Not enough sales for a market trend. Last week live sales in
Nebraska sold from 126.00-127.00 and dressed sales from 201.00-202.00. In Colorado
live sales sold from 126.50-127.00. In Iowa-Minnesota live sales ranged from 126.00-
128.00 and dressed sales at 202.00.

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:      35,320            Week ago:      256          Year ago:      708
Week to Date:   35,607            Week ago:      537          Year ago:    1,366

NEGOTIATED GRID BASE:
Confirmed:       4,574            Week ago:    2,554          Year ago:    3,994
Week to Date:    5,688            Week ago:    4,404          Year ago:    6,365


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      140     62.7   1,300-1,300  1,300.0  123.00-123.00  123.00
 65 - 80% Choice    1,754     63.1   1,200-1,450  1,365.8  122.00-123.00  122.41
 35 - 65% Choice   11,197     63.6   1,125-1,440  1,269.9  120.00-123.00  122.01
  0 - 35% Choice      958     63.3   1,135-1,485  1,257.1  122.00-122.00  122.00
 Total all grades  14,049     63.5   1,125-1,485  1,281.3  120.00-123.00  122.07
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      235     65.0     949-949      949.0  193.00-193.00  193.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     235     65.0     949-949      949.0  193.00-193.00  193.00
HEIFER - LIVE - FOB
 Over 80% Choice    1,060     62.6   1,200-1,335  1,308.5  122.00-123.00  122.56
 65 - 80% Choice    3,821     63.3   1,090-1,350  1,219.6  122.00-123.00  122.43
 35 - 65% Choice    9,408     63.6   1,050-1,275  1,159.5  122.00-123.00  122.04
  0 - 35% Choice      296     64.0   1,050-1,175  1,110.2  122.00-122.00  122.00
 Total all grades  14,585     63.4   1,050-1,350  1,185.0  122.00-123.00  122.18
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      150     64.0     688-688      688.0  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     150     64.0     688-688      688.0  193.00-193.00  193.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      696     62.8   1,280-1,400  1,348.2  123.00-123.00  123.00
 65 - 80% Choice      293     63.1   1,233-1,275  1,261.9  122.00-123.00  122.85
 35 - 65% Choice    3,663     63.7   1,035-1,350  1,185.6  120.00-123.00  122.00
  0 - 35% Choice       70     63.2   1,250-1,250  1,250.0  122.00-122.00  122.00
 Total all grades   4,722     63.5   1,035-1,400  1,215.2  120.00-123.00  122.20
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      163     64.0     755-800      775.8  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades     163     64.0     755-800      775.8  193.00-193.00  193.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  33,356     63.5   1,035-1,485  1,229.9  120.00-123.00  122.14
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     548     64.4     688-949      826.0  193.00-193.00  193.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      278     60.5   1,388-1,388  1,388.0  116.00-116.00  116.00
 35 - 65% Choice      929     59.5   1,225-1,355  1,261.7  110.00-116.00  110.85
  0 - 35% Choice                          -                      -
 Total all grades   1,207     59.7   1,225-1,388  1,290.8  110.00-116.00  112.04
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       91     61.7     793-832      804.0  193.00-195.00  194.01
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      91     61.7     793-832      804.0  193.00-195.00  194.01
MIXED STEER/HEIFER/COW - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      104     62.5   1,335-1,335  1,335.0  117.00-117.00  117.00
  0 - 35% Choice                          -                      -
 Total all grades     104     62.5   1,335-1,335  1,335.0  117.00-117.00  117.00
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
  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      322     61.6     762-816      782.6  193.50-202.00  197.40
 65 - 80% Choice      307     63.6     756-866      837.9  195.00-204.00  197.88
 35 - 65% Choice      418     63.8     709-802      767.5  193.00-195.00  193.06
  0 - 35% Choice       40     60.0     810-810      810.0  203.00-203.00  203.00
 Total all grades   1,087     62.9     709-866      793.4  193.00-204.00  196.07
HEIFER - LIVE - FOB
 Over 80% Choice      119     62.1   1,385-1,385  1,385.0  123.00-123.00  123.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      120     62.8   1,375-1,375  1,375.0  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     239     62.5   1,375-1,385  1,380.0  122.00-123.00  122.50
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      218     62.9     676-766      729.5  193.50-196.00  194.53
 65 - 80% Choice      383     63.6     682-774      722.8  193.00-194.00  193.30
 35 - 65% Choice      574     63.5     682-847      720.5  193.00-194.00  193.18
  0 - 35% Choice                          -                      -
 Total all grades   1,175     63.4     676-847      722.9  193.00-196.00  193.47
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       71     62.5   1,353-1,353  1,353.0  120.00-120.00  120.00
 Total all grades      71     62.5   1,353-1,353  1,353.0  120.00-120.00  120.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      447     62.6     690-850      765.1  193.50-202.00  194.99
 65 - 80% Choice      148     62.4     750-850      794.4  193.00-202.00  196.76
 35 - 65% Choice       62     62.0     713-775      733.0  192.00-196.00  193.29
  0 - 35% Choice       88     62.0     720-728      724.1  194.00-196.00  195.05
 Total all grades     745     62.4     690-850      763.4  192.00-202.00  195.21
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     310     62.5   1,353-1,385  1,373.8  120.00-123.00  121.93
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,007     63.0     676-866      758.4  192.00-204.00  194.84
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      615     59.8     775-775      775.0  195.00-195.00  195.00
 65 - 80% Choice      303     60.2     781-825      818.7  188.00-197.00  194.97
 35 - 65% Choice      184     61.6     760-786      771.7  188.00-191.00  189.73
  0 - 35% Choice                          -                      -
 Total all grades   1,102     60.2     760-825      786.5  188.00-197.00  194.11
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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