Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Thu May 03, 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:       7,199            Week ago:   18,903          Year ago:   10,796
Week to Date:   20,522            Week ago:   27,023          Year ago:  160,629

NEGOTIATED GRID BASE:
Confirmed:       2,559            Week ago:    4,418          Year ago:    1,454
Week to Date:    9,301            Week ago:   11,484          Year ago:   34,011


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      345     63.9   1,300-1,300  1,300.0  121.00-121.00  121.00
 65 - 80% Choice      307     62.8   1,275-1,400  1,315.6  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     652     63.4   1,275-1,400  1,307.4  120.00-121.00  120.53
STEER - DRESSED - DELIVERED
 Over 80% Choice      506     63.1     819-822      819.7  190.00-190.00  190.00
 65 - 80% Choice    1,961     63.6     728-884      841.1  190.00-191.00  190.35
 35 - 65% Choice      390     63.0     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades   2,857     63.4     728-950      852.2  190.00-195.00  190.92
HEIFER - LIVE - FOB
 Over 80% Choice      116     63.7   1,250-1,278  1,257.2  118.75-119.00  118.81
 65 - 80% Choice       80     63.7   1,200-1,200  1,200.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     196     63.7   1,200-1,278  1,233.9  118.75-120.00  119.30
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      259     63.0     756-756      756.0  191.00-191.00  191.00
 65 - 80% Choice      535     62.8     740-950      825.9  191.00-194.00  191.79
 35 - 65% Choice      218     63.4     795-950      920.1  190.00-195.00  194.04
  0 - 35% Choice                          -                      -
 Total all grades   1,012     63.0     740-950      828.3  190.00-195.00  192.07
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      175     63.3   1,050-1,325  1,217.3  120.00-123.00  120.96
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     175     63.3   1,050-1,325  1,217.3  120.00-123.00  120.96
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      151     62.9     750-950      798.0  191.00-195.00  191.82
 65 - 80% Choice      795     62.1     676-950      904.6  190.00-195.00  193.26
 35 - 65% Choice      205     62.0     950-950      950.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades   1,151     62.2     676-950      898.7  190.00-195.00  193.38
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,023     63.4   1,050-1,400  1,277.9  118.75-123.00  120.37
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,020     63.1     676-950      858.0  190.00-195.00  191.72
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       35     60.7   1,350-1,350  1,350.0  111.00-111.00  111.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     60.7   1,350-1,350  1,350.0  111.00-111.00  111.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       16     62.0     938-938      938.3  187.00-187.00  187.00
 65 - 80% Choice       25     61.0     777-777      777.8  188.00-188.00  188.00
 35 - 65% Choice      250     60.0     810-810      810.0  183.00-183.00  183.00
  0 - 35% Choice                          -                      -
 Total all grades     291     60.2     777-938      814.3  183.00-188.00  183.65
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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice    1,095     65.6     792-825      806.4  188.00-190.00  188.15
  0 - 35% Choice                          -                      -
 Total all grades   1,095     65.6     792-825      806.4  188.00-190.00  188.15
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      222     62.3     716-793      756.7  192.00-194.00  193.04
 35 - 65% Choice      433     63.4     716-762      743.6  188.00-192.00  190.18
  0 - 35% Choice                          -                      -
 Total all grades     655     63.0     716-793      748.0  188.00-194.00  191.15
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       36     62.0     850-850      850.0  191.00-191.00  191.00
 65 - 80% Choice       44     62.0     821-821      821.5  186.00-186.00  186.00
 35 - 65% Choice      380     61.3     673-950      859.9  190.00-196.00  191.35
  0 - 35% Choice      161     59.0     800-950      938.8  191.00-192.00  191.93
 Total all grades     621     60.8     673-950      877.1  186.00-196.00  191.10
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,371     63.7     673-950      808.8  186.00-196.00  189.75
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       62     60.7     854-854      854.8  187.00-187.00  187.00
 65 - 80% Choice       13     62.2     782-782      782.6  182.00-182.00  182.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      75     61.0     782-854      842.3  182.00-187.00  186.13
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       72     58.9     693-693      693.4  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      72     58.9     693-693      693.4  186.00-186.00  186.00

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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