Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Fri Apr 06, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 04/05/2012

Negotiated cash trade was limited on light demand on Thursday in the Southern Plains. 
Not enough sales for an adequate market test. The latest established market in the 
Southern Plains was on Tuesday with live sales at 122.00. In Nebraska trade and 
demand was light on Thursday. Not enough sales for an adequate market test. The 
latest established market was on Wednesday with live sales from 121.00-123.00 and 
dressed sales from 193.00-194.00. Trade was limited on light demand in Colorado and 
the Western Cornbelt on Thursday. Not enough sales in these regions for an adequate 
market test. The latest established market in Colorado was on Tuesday with live sales 
at 123.00 on a light test. In the Western Corbelt on Wednesday live sales traded from 
120.50-122.25 with dressed sales from 192.00-194.00.

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:      12,398            Week ago:   86,539          Year ago:   38,730
Week to Date:   83,471            Week ago:  119,113          Year ago:  121,419

NEGOTIATED GRID BASE:
Confirmed:       4,184            Week ago:   13,200          Year ago:    7,978
Week to Date:   15,815            Week ago:   22,764          Year ago:   19,916


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      720     63.1   1,150-1,515  1,421.6  121.00-125.00  121.87
 65 - 80% Choice      674     62.9   1,275-1,425  1,351.3  120.00-123.00  121.81
 35 - 65% Choice      960     63.4   1,090-1,400  1,258.2  120.00-122.00  120.79
  0 - 35% Choice       40     63.5   1,200-1,200  1,200.0  120.50-120.50  120.50
 Total all grades   2,394     63.1   1,090-1,515  1,332.6  120.00-125.00  121.40
STEER - DRESSED - DELIVERED
 Over 80% Choice      541     62.3     747-889      847.0  193.00-195.00  194.13
 65 - 80% Choice      608     63.3     744-950      860.4  193.00-195.00  193.55
 35 - 65% Choice       72     63.5     777-777      777.8  193.00-193.00  193.00
  0 - 35% Choice                          -                      -
 Total all grades   1,221     62.9     744-950      849.6  193.00-195.00  193.78
HEIFER - LIVE - FOB
 Over 80% Choice      408     62.9   1,200-1,350  1,305.9  122.00-124.00  122.59
 65 - 80% Choice    1,378     63.3   1,225-1,350  1,273.9  121.00-122.50  122.27
 35 - 65% Choice    2,426     63.3   1,135-1,250  1,190.9  121.00-122.50  121.08
  0 - 35% Choice                          -                      -
 Total all grades   4,212     63.3   1,135-1,350  1,229.2  121.00-124.00  121.61
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      748     62.6     780-866      840.9  193.00-195.00  194.02
 65 - 80% Choice      418     63.0     756-950      785.7  193.00-195.00  194.27
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,166     62.8     756-950      821.1  193.00-195.00  194.11
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      175     63.1   1,300-1,350  1,316.9  121.75-122.50  122.25
 65 - 80% Choice      132     62.6   1,200-1,330  1,288.6  121.00-122.50  122.02
 35 - 65% Choice      550     63.1   1,059-1,377  1,258.7  120.00-122.00  120.71
  0 - 35% Choice                          -                      -
 Total all grades     857     63.0   1,059-1,377  1,275.2  120.00-122.50  121.22
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      815     62.8     713-882      812.3  190.00-195.00  193.99
 65 - 80% Choice      344     63.0     775-950      820.4  192.00-195.00  193.08
 35 - 65% Choice    1,096     62.2     762-950      915.9  192.00-194.00  193.73
  0 - 35% Choice                          -                      -
 Total all grades   2,255     62.5     713-950      863.9  190.00-195.00  193.72
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   7,463     63.2   1,059-1,515  1,267.6  120.00-125.00  121.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   4,642     62.7     713-950      849.4  190.00-195.00  193.83
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       16     62.0     901-901      901.5  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      16     62.0     901-901      901.5  192.00-192.00  192.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
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       37     61.5     830-830      830.2  198.00-198.00  198.00
 65 - 80% Choice      894     64.1     787-892      878.6  193.00-203.00  194.73
 35 - 65% Choice      873     65.6     750-835      803.2  192.25-196.00  192.43
  0 - 35% Choice       65     62.7     750-787      764.4  196.00-196.00  196.00
 Total all grades   1,869     64.7     750-892      838.5  192.25-203.00  193.77
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      518     63.7     787-832      820.7  193.00-193.00  193.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice      121     62.0     850-850      850.0  196.00-196.00  196.00
 Total all grades     639     63.4     787-850      826.2  193.00-196.00  193.57
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       62     62.0     713-800      767.7  194.00-198.00  195.97
 65 - 80% Choice      378     62.4     744-859      814.2  193.00-202.00  194.40
 35 - 65% Choice      658     60.4     734-950      926.0  193.00-194.00  193.86
  0 - 35% Choice       26     62.0     700-700      700.0  188.00-188.00  188.00
 Total all grades   1,124     61.2     700-950      874.5  188.00-202.00  194.02
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,632     63.4     700-950      847.5  188.00-203.00  193.81
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      182     60.1     775-810      792.6  187.00-190.00  187.36
 65 - 80% Choice      115     61.7     699-820      780.2  186.00-193.00  189.82
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     297     60.7     699-820      787.8  186.00-193.00  188.31
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      179     60.4     799-843      821.6  200.00-203.00  201.47
  0 - 35% Choice                          -                      -
 Total all grades     179     60.4     799-843      821.6  200.00-203.00  201.47

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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