Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Fri May 11, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 05/10/2012

Thursday in the Southern Plains trading was at a standstill. In the Northern Plains
and Western Cornbelt trading was very limited on light demand. 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:       6,244            Week ago:   10,809          Year ago:   85,605
Week to Date:   10,435            Week ago:   24,132          Year ago:  106,428

NEGOTIATED GRID BASE:
Confirmed:       3,756            Week ago:    4,764          Year ago:   18,554
Week to Date:   10,555            Week ago:   11,506          Year ago:   28,143


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    1,146     63.5   1,300-1,500  1,352.8  120.00-123.00  121.27
 65 - 80% Choice      332     63.7   1,300-1,350  1,319.6  118.00-121.00  119.17
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,478     63.6   1,300-1,500  1,345.4  118.00-123.00  120.80
STEER - DRESSED - DELIVERED
 Over 80% Choice      601     63.3     850-929      905.0  192.00-195.00  194.53
 65 - 80% Choice      879     63.4     744-896      840.5  188.00-193.00  190.27
 35 - 65% Choice                          -                      -
  0 - 35% Choice       40     65.0     812-812      812.5  194.00-194.00  194.00
 Total all grades   1,520     63.4     744-929      865.3  188.00-195.00  192.05
HEIFER - LIVE - FOB
 Over 80% Choice      205     63.9   1,200-1,200  1,200.0  122.00-123.00  122.80
 65 - 80% Choice      125     63.5   1,200-1,200  1,200.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     330     63.8   1,200-1,200  1,200.0  120.00-123.00  121.74
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      466     63.2     768-771      771.0  188.00-190.00  189.57
 35 - 65% Choice      100     64.0     768-768      768.0  188.00-188.00  188.00
  0 - 35% Choice                          -                      -
 Total all grades     566     63.4     768-771      770.5  188.00-190.00  189.29
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       42     64.0   1,350-1,350  1,350.0  123.00-123.00  123.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      266     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     308     63.6   1,350-1,350  1,350.0  120.00-123.00  120.41
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      153     63.4     750-1,250    870.9  190.00-192.00  191.05
 65 - 80% Choice      554     63.3     713-837      808.9  188.00-190.00  189.09
 35 - 65% Choice       38     64.0     832-832      832.0  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     745     63.4     713-1,250    822.8  188.00-192.00  189.54
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,116     63.6   1,200-1,500  1,323.4  118.00-123.00  120.89
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,831     63.4     713-1,250    835.1  188.00-195.00  190.84
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      160     61.2   1,350-1,350  1,350.0  111.50-112.50  112.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     160     61.2   1,350-1,350  1,350.0  111.50-112.50  112.25
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      128     61.7     780-866      823.9  185.00-190.00  187.86
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       14     62.0     787-787      787.1  185.00-185.00  185.00
 Total all grades     142     61.7     780-866      820.2  185.00-190.00  187.58
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      232     63.0     781-899      834.8  192.00-196.00  193.31
 65 - 80% Choice      253     62.1     781-837      830.4  192.00-195.00  194.64
 35 - 65% Choice      521     65.5     781-828      817.1  190.00-190.00  190.00
  0 - 35% Choice       96     61.4     775-861      827.7  195.00-197.00  195.44
 Total all grades   1,102     63.8     775-899      824.8  190.00-197.00  192.24
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       37     63.0     740-740      740.3  192.00-192.00  192.00
 35 - 65% Choice      498     64.5     730-756      740.1  190.00-192.00  190.90
  0 - 35% Choice                          -                      -
 Total all grades     535     64.4     730-756      740.1  190.00-192.00  190.97
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      899     62.9     696-850      777.9  192.00-195.00  194.00
 65 - 80% Choice      333     62.5     750-821      791.9  190.00-192.00  191.60
 35 - 65% Choice      131     62.2     687-775      737.1  191.00-194.00  192.44
  0 - 35% Choice       70     62.0     800-900      855.7  187.00-191.00  188.77
 Total all grades   1,433     62.7     687-900      781.2  187.00-195.00  193.05
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,070     63.4     687-900      789.7  187.00-197.00  192.39
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      455     60.1     775-865      795.3  182.00-189.00  186.78
 65 - 80% Choice       88     59.1     745-825      794.9  184.00-187.00  185.84
 35 - 65% Choice      109     62.9     849-849      849.5  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     652     60.5     745-865      804.3  182.00-191.00  187.36
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       34     60.0     825-825      825.0  191.00-191.00  191.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     60.0     825-825      825.0  191.00-191.00  191.00

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. Help for flood affected farmers
2. Representative Lucas discusses new Farm Bill
3. U.S. May consumer sentiment highest in nearly 6 years
4. Cattle producers turn to MSU for reproduction class
5. NCBA Op-Ed: EPA’s data sharing incident a debacle
6. Cow-calf corner: Review calving season and make improvements

1. New school lunch beef recipes win approval from kids, foodservice
2. Drier weather to give big boost to U.S. corn plantings
3. Prices for corn and soybeans, five years from now
4. Agriculture is expected to remain strong in the coming decade
5. What sick day? Farmers take just three a year
6. Senate Agriculture Committee completes Farm Bill markup

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Cold spring stunts upper Midwest hay crop
6. Buffet concerned about soil and starvation