Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Tue May 01, 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:         127            Week ago:      385          Year ago:   70,746
Week to Date:    1,306            Week ago:    1,584          Year ago:   86,938

NEGOTIATED GRID BASE:
Confirmed:         507            Week ago:      622          Year ago:    8,208
Week to Date:    2,751            Week ago:    3,268          Year ago:   10,255


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 
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice       88     63.2   1,125-1,200  1,161.6  121.00-121.75  121.37
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      88     63.2   1,125-1,200  1,161.6  121.00-121.75  121.37
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER 
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      88     63.2   1,125-1,200  1,161.6  121.00-121.75  121.37
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       20     62.0     801-801      801.1  187.00-187.00  187.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      20     62.0     801-801      801.1  187.00-187.00  187.00
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
 Over 80% Choice      149     63.5   1,225-1,225  1,225.0  122.50-122.50  122.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     149     63.5   1,225-1,225  1,225.0  122.50-122.50  122.50
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       44     61.4     722-722      722.6  200.00-200.00  200.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      44     61.4     722-722      722.6  200.00-200.00  200.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      117     61.9     740-772      753.9  193.00-196.00  194.97
 65 - 80% Choice      114     60.4     699-784      769.2  189.00-196.00  192.87
 35 - 65% Choice       43     59.0     843-843      843.0  198.00-198.00  198.00
  0 - 35% Choice                          -                      -
 Total all grades     274     60.8     699-843      774.2  189.00-198.00  194.57
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     149     63.5   1,225-1,225  1,225.0  122.50-122.50  122.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     318     60.9     699-843      767.1  189.00-200.00  195.32
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       22     59.5     775-775      775.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      22     59.5     775-775      775.0  186.00-186.00  186.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       18     61.4     829-829      829.2  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      18     61.4     829-829      829.2  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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