Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Tue May 08, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Monday, 05/07/2012

Monday trading was very limited on very light demand in all feeding regions. Not
enough sales for a market trend. Last week in the Southern Plains live sales sold 
at 120.00. In Nebraska live sales ranged from 120.00-123.00 and dressed sales sold 
at 194.00. Live sales in Colorado sold from 121.00-123.00. In Iowa-Minnesota live 
sales ranged from 120.00-123.00 and dressed sales sold 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:         598            Week ago:    1,179          Year ago:      512
Week to Date:      598            Week ago:    1,179          Year ago:      512

NEGOTIATED GRID BASE:
Confirmed:       2,989            Week ago:    2,244          Year ago:    2,666
Week to Date:    2,989            Week ago:    2,244          Year ago:    2,666


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       38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       33     64.0     900-900      900.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      33     64.0     900-900      900.0  192.00-192.00  192.00
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     63.5     775-775      775.0  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.5     775-775      775.0  191.00-191.00  191.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     63.2   1,425-1,425  1,425.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.2   1,425-1,425  1,425.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       32     63.3     775-825      806.3  191.00-191.00  191.00
 65 - 80% Choice       34     63.0     803-803      803.3  191.00-191.00  191.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      66     63.2     775-825      804.7  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      76     63.1   1,300-1,425  1,362.5  119.00-122.00  120.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     179     63.5     775-900      809.0  191.00-192.00  191.18
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
 Total all grades     112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      123     62.0     759-911      839.0  184.00-187.00  184.82
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     123     62.0     759-911      839.0  184.00-187.00  184.82
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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       83     65.0     799-799      799.5  198.00-198.00  198.00
 65 - 80% Choice       38     62.0     806-806      806.0  194.00-194.00  194.00
 35 - 65% Choice       90     62.5     750-750      750.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades     211     63.4     750-806      779.6  189.50-198.00  193.65
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      239     63.1   1,100-1,125  1,116.7  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     239     63.1   1,100-1,125  1,116.7  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       96     63.0     715-715      715.1  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      96     63.0     715-715      715.1  195.00-195.00  195.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice    1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
  0 - 35% Choice                          -                      -
 Total all grades   1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       68     63.5     799-825      815.6  193.00-198.00  194.84
 65 - 80% Choice       40     63.0     819-819      819.0  195.00-195.00  195.00
 35 - 65% Choice       43     63.0     775-775      775.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades     151     63.2     775-825      805.0  189.50-198.00  193.36
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,882     62.9   1,075-1,215  1,166.3  117.00-120.00  118.69
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     458     63.3     715-825      774.4  189.50-198.00  193.84
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      354     59.6     771-795      778.9  180.00-187.00  185.50
 65 - 80% Choice      119     60.3     781-825      819.9  187.00-191.00  187.56
 35 - 65% Choice       11     62.5     781-781      781.3  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     484     59.8     771-825      789.0  180.00-191.00  186.13
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       17     58.4     721-721      721.1  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades      17     58.4     721-721      721.1  196.00-196.00  196.00

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
1130C







.

1. UK beef study: Birth/weaning weight
2. Early preparation key to a good calving season
3. Oil gains moderately, trading sluggish ahead of Fed
4. House cafeterias to discontinue "Meatless Mondays"
5. Crude oil expected to peak and cost of electricity to go down
6. Ag markets mixed again Tuesday

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Experts weigh in on lowest beef supply in 60 years
5. Peterson Brothers: What summer vacation?
6. Pasture and range conditions improve

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time