Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Wed Apr 18, 2012    USDA Market News Service

NATIONAL 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:       5,479            Week ago:    3,955          Year ago:    3,105
Week to Date:    7,881            Week ago:    7,596          Year ago:    5,214

NEGOTIATED GRID BASE:
Confirmed:       1,486            Week ago:    1,128          Year ago:      492
Week to Date:    6,639            Week ago:    4,668          Year ago:    5,684


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      630     63.9   1,345-1,425  1,398.0  121.00-126.00  124.80
 65 - 80% Choice      116     63.2   1,325-1,325  1,325.0  123.00-123.00  123.00
 35 - 65% Choice       62     63.2   1,325-1,325  1,325.0  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades     808     63.7   1,325-1,425  1,381.9  121.00-126.00  124.25
STEER - DRESSED - DELIVERED
 Over 80% Choice      241     64.0     896-896      896.0  193.00-193.00  193.00
 65 - 80% Choice      671     63.3     834-896      852.1  193.00-196.00  195.15
 35 - 65% Choice       96     64.5     806-806      806.3  192.00-192.00  192.00
  0 - 35% Choice       93     64.5     790-790      790.1  192.00-192.00  192.00
 Total all grades   1,101     63.6     790-896      852.5  192.00-196.00  194.14
HEIFER - LIVE - FOB
 Over 80% Choice      265     62.8   1,150-1,250  1,229.2  121.00-121.00  121.00
 65 - 80% Choice       82     63.0   1,200-1,225  1,211.6  122.00-123.00  122.46
 35 - 65% Choice      663     64.1   1,050-1,070  1,062.3  121.00-121.00  121.00
  0 - 35% Choice      532     63.9   1,050-1,152  1,077.3  121.00-121.00  121.00
 Total all grades   1,542     63.8   1,050-1,250  1,104.1  121.00-123.00  121.08
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      321     63.7     809-848      821.3  196.00-196.00  196.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     321     63.7     809-848      821.3  196.00-196.00  196.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      114     63.7   1,225-1,400  1,329.4  122.75-125.00  124.09
 65 - 80% Choice      146     63.1   1,250-1,345  1,281.2  121.00-121.00  121.00
 35 - 65% Choice       58     63.2   1,325-1,325  1,325.0  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades     318     63.3   1,225-1,400  1,306.5  121.00-125.00  122.11
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      186     64.0     864-864      864.0  196.00-196.00  196.00
 65 - 80% Choice      360     64.0     832-832      832.0  196.00-196.00  196.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     546     64.0     832-864      842.9  196.00-196.00  196.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,668     63.7   1,050-1,425  1,212.4  121.00-126.00  122.16
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,968     63.7     790-896      844.8  192.00-196.00  194.96
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       42     61.0   1,285-1,285  1,285.0  112.00-112.00  112.00
 65 - 80% Choice      200     60.7   1,435-1,435  1,435.0  114.00-114.00  114.00
 35 - 65% Choice      392     59.5   1,250-1,325  1,275.9  111.00-111.00  111.00
  0 - 35% Choice                          -                      -
 Total all grades     634     60.0   1,250-1,435  1,326.7  111.00-114.00  112.01
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      109     61.3     758-852      820.9  188.00-192.00  189.85
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     109     61.3     758-852      820.9  188.00-192.00  189.85
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      155     61.1     750-837      789.5  199.00-199.00  199.00
 65 - 80% Choice      423     63.8     816-825      819.3  193.00-197.00  194.41
 35 - 65% Choice       37     62.8     775-775      775.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     615     63.1     750-837      809.2  192.00-199.00  195.42
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       44     64.5     709-709      709.5  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades      44     64.5     709-709      709.5  192.00-192.00  192.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       28     62.8     756-781      766.8  196.00-196.00  196.00
 65 - 80% Choice      294     62.3     768-781      777.2  194.00-196.00  195.30
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     322     62.4     756-781      776.3  194.00-196.00  195.36
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     981     62.9     709-837      793.9  192.00-199.00  195.25
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      368     60.4     775-816      814.0  186.00-193.00  186.34
 65 - 80% Choice       17     59.6     689-689      689.1  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     385     60.4     689-816      808.5  186.00-193.00  186.50
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       97     61.7     700-700      700.0  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      97     61.7     700-700      700.0  195.00-195.00  195.00

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
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