NE Daily Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT122
St Joseph, MO    Fri May 25, 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:      19,463            Week ago:    1,645          Year ago:    2,547
Week to Date:   35,679            Week ago:    2,590          Year ago:   34,496

NEGOTIATED GRID BASE:
Confirmed:       1,794            Week ago:      239          Year ago:      398
Week to Date:    6,032            Week ago:      983          Year ago:    7,789


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      941     63.1   1,271-1,380  1,297.5  121.00-123.00  122.58
 65 - 80% Choice    1,774     62.7   1,245-1,425  1,365.8  121.00-123.00  122.18
 35 - 65% Choice      706     63.7   1,315-1,400  1,371.6  123.00-123.00  123.00
  0 - 35% Choice                          -                      -
 Total all grades   3,421     63.0   1,245-1,425  1,348.2  121.00-123.00  122.46
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,586     63.8     780-945      883.8  193.00-194.00  193.34
 65 - 80% Choice    1,913     63.2     744-960      858.0  193.00-194.00  193.67
 35 - 65% Choice    1,436     63.7     819-948      862.1  193.00-194.00  193.29
  0 - 35% Choice                          -                      -
 Total all grades   4,935     63.6     744-960      867.5  193.00-194.00  193.45
HEIFER - LIVE - FOB
 Over 80% Choice    1,036     64.0   1,165-1,320  1,311.9  121.00-122.50  122.42
 65 - 80% Choice    2,538     63.6   1,150-1,265  1,234.9  123.00-123.00  123.00
 35 - 65% Choice    1,108     63.8   1,165-1,225  1,181.6  123.00-123.00  123.00
  0 - 35% Choice                          -                      -
 Total all grades   4,682     63.7   1,150-1,320  1,239.3  121.00-123.00  122.87
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,037     63.6     746-900      791.2  193.00-194.00  193.94
 65 - 80% Choice    2,078     63.2     740-874      792.7  193.00-194.00  193.62
 35 - 65% Choice      455     63.4     740-950      795.5  193.00-195.00  193.46
  0 - 35% Choice                          -                      -
 Total all grades   3,570     63.4     740-950      792.6  193.00-195.00  193.69
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      115     63.3   1,240-1,250  1,243.7  121.00-122.00  121.63
 65 - 80% Choice      318     62.6   1,200-1,380  1,317.7  121.00-121.00  121.00
 35 - 65% Choice      165     64.1   1,300-1,300  1,300.0  123.00-123.00  123.00
  0 - 35% Choice                          -                      -
 Total all grades     598     63.1   1,200-1,380  1,298.6  121.00-123.00  121.67
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      223     63.6     759-950      826.7  192.00-194.00  193.87
 65 - 80% Choice      838     63.1     774-825      798.9  193.00-194.00  193.38
 35 - 65% Choice    1,150     62.2     834-950      940.0  194.00-195.00  194.91
  0 - 35% Choice                          -                      -
 Total all grades   2,211     62.7     759-950      875.1  192.00-195.00  194.23
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   8,701     63.4   1,150-1,425  1,286.2  121.00-123.00  122.63
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades  10,716     63.3     740-960      844.1  192.00-195.00  193.69
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       35     60.0   1,450-1,450  1,450.0  110.00-110.00  110.00
  0 - 35% Choice                          -                      -
 Total all grades      35     60.0   1,450-1,450  1,450.0  110.00-110.00  110.00
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
 Over 80% Choice      458     62.6   1,300-1,380  1,333.6  121.00-121.00  121.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     458     62.6   1,300-1,380  1,333.6  121.00-121.00  121.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      219     63.6     779-889      850.5  194.00-196.00  194.63
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     219     63.6     779-889      850.5  194.00-196.00  194.63
HEIFER - LIVE - FOB
 Over 80% Choice      188     62.4   1,225-1,300  1,260.5  121.00-121.00  121.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     188     62.4   1,225-1,300  1,260.5  121.00-121.00  121.00
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       22     63.2   1,220-1,220  1,220.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      22     63.2   1,220-1,220  1,220.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       85     60.0     950-950      950.0  195.00-195.00  195.00
 65 - 80% Choice       42     62.5     825-825      825.0  193.00-193.00  193.00
 35 - 65% Choice      700     60.4     882-950      940.3  194.00-195.00  194.86
  0 - 35% Choice                          -                      -
 Total all grades     827     60.5     825-950      935.4  193.00-195.00  194.78
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     668     62.6   1,220-1,380  1,309.3  121.00-122.00  121.03
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,046     61.1     779-950      917.6  193.00-196.00  194.75
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       80     60.7   1,350-1,350  1,350.0  116.00-116.00  116.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     60.7   1,350-1,350  1,350.0  116.00-116.00  116.00
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.

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. Post-tornado composting a solution for disposal of dead livestock
2. Cornell genetic testing process cuts cost by up to 75 percent
3. Angus Foundation receives $28,500 from “The Card Challenge”
4. Commentary: In praise of animal foods
5. 100K Pathogen Genome Project maps first genomes
6. Beef exports depend on quality reputation

1. Michigan hay buyers should plan purchases early
2. New animal identification rules aid disease traceability
3. Seven jobs more dangerous than farming
4. Survey reveals most Americans in favor of COOL
5. Corn planting pace turns from record slow to record fast
6. U.S. cattle placements rise in April as feed costs subside

1. Meat and climate change: How significant is the impact?
2. BeefTalk: How do we get the next generation to raise beef?
3. Commentary: GMOs: How do I hate thee?
4. Survey reveals most Americans in favor of COOL
5. Farm bill and immigration reform action needed
6. Boxed beef hits record highs, cattle weak to lower