TX-OK Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT117
St Joseph, MO    Thu May 24, 2012    USDA Market News Service

TX/OK/NM DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

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:         437            Week ago:     none          Year ago:     none
Week to Date:   12,477            Week ago:     none          Year ago:   17,180

NEGOTIATED GRID BASE:
Confirmed:         390            Week ago:    1,256          Year ago:      478
Week to Date:    3,939            Week ago:    2,899          Year ago:    1,396


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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      374     64.0   1,100-1,150  1,131.5  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     374     64.0   1,100-1,150  1,131.5  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       63     62.5   1,300-1,300  1,300.0  120.00-120.00  120.00
 Total all grades      63     62.5   1,300-1,300  1,300.0  120.00-120.00  120.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     437     63.7   1,100-1,300  1,155.8  120.00-120.00  120.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
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
 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
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      390     62.7   1,150-1,175  1,162.8  118.00-120.50  119.28
  0 - 35% Choice                          -                      -
 Total all grades     390     62.7   1,150-1,175  1,162.8  118.00-120.50  119.28
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     390     62.7   1,150-1,175  1,162.8  118.00-120.50  119.28
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
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
 No Reportable Trade.

TX/OK/NM - NM,OK,TX

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1500C







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