NE Daily Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT122
St Joseph, MO    Thu May 24, 2012    USDA Market News Service

NEBRASKA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning
Primarily trade from previous afternoon

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:       1,973            Week ago:     none          Year ago:    1,002
Week to Date:    9,035            Week ago:      313          Year ago:   30,890

NEGOTIATED GRID BASE:
Confirmed:         185            Week ago:       37          Year ago:    1,216
Week to Date:    2,737            Week ago:      504          Year ago:    6,509


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                          -                      -
 65 - 80% Choice      258     62.9   1,385-1,385  1,385.0  121.00-121.00  121.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     258     62.9   1,385-1,385  1,385.0  121.00-121.00  121.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      479     63.9     857-896      890.3  192.00-193.00  192.32
 65 - 80% Choice      112     63.0     819-819      819.0  193.00-193.00  193.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     591     63.8     819-896      876.8  192.00-193.00  192.45
HEIFER - LIVE - FOB
 Over 80% Choice       81     64.0   1,275-1,275  1,275.0  122.00-122.00  122.00
 65 - 80% Choice      121     63.0   1,385-1,385  1,385.0  121.00-121.00  121.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     202     63.4   1,275-1,385  1,340.9  121.00-122.00  121.40
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       86     63.5     809-809      809.0  192.50-192.50  192.50
 65 - 80% Choice      126     63.0     771-771      771.0  193.00-193.00  193.00
 35 - 65% Choice       95     64.0     848-848      848.0  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     307     63.4     771-848      805.5  191.00-193.00  192.24
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      115     63.0   1,175-1,300  1,213.0  121.00-121.00  121.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     115     63.0   1,175-1,300  1,213.0  121.00-121.00  121.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      338     64.2     781-903      860.8  191.00-193.00  191.27
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     338     64.2     781-903      860.8  191.00-193.00  191.27
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     575     63.1   1,175-1,385  1,335.1  121.00-122.00  121.14
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,236     63.8     771-903      854.7  191.00-193.00  192.08
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       42     61.2   1,250-1,250  1,250.0  111.00-111.00  111.00
  0 - 35% Choice                          -                      -
 Total all grades      42     61.2   1,250-1,250  1,250.0  111.00-111.00  111.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      116     65.8     874-874      874.4  194.00-194.00  194.00
  0 - 35% Choice                          -                      -
 Total all grades     116     65.8     874-874      874.4  194.00-194.00  194.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     116     65.8     874-874      874.4  194.00-194.00  194.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       69     66.1     804-804      804.5  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      69     66.1     804-804      804.5  195.00-195.00  195.00

NEBRASKA - NE

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1100C







.

1. U.S. House votes to force approval of Keystone pipeline
2. NCBA statement on USDA issuing a final rule on MCOOL
3. U.S. revises meat-labeling rules to satisfy WTO ruling
4. NASA backs 3D food printer to feed growing population
5. Alltech Symposium challenges agribusiness to make an impact
6. Exports: Corn plunges 52 percent

1. Post-tornado composting a solution for disposal of dead livestock
2. Michigan hay buyers should plan purchases early
3. Seven jobs more dangerous than farming
4. New animal identification rules aid disease traceability
5. Former Eastern Livestock CEO, CFO sentenced for federal crimes
6. Drought losses in Oklahoma top $400 million for 2012

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Commentary: GMOs: How do I hate thee?
4. Seven jobs more dangerous than farming
5. Survey reveals most Americans in favor of COOL
6. What’s on America’s grill this weekend?