Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Mon May 07, 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:         410            Week ago:    1,139          Year ago:      265
Week to Date:      410            Week ago:    1,139          Year ago:      265

NEGOTIATED GRID BASE:
Confirmed:       2,329            Week ago:    1,696          Year ago:    1,102
Week to Date:    2,329            Week ago:    1,696          Year ago:    1,102


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       38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
STEER - DRESSED - DELIVERED
 Over 80% Choice       33     64.0     900-900      900.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      33     64.0     900-900      900.0  192.00-192.00  192.00
HEIFER 
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       34     63.0     803-803      803.3  191.00-191.00  191.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     63.0     803-803      803.3  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      38     63.0   1,300-1,300  1,300.0  119.00-119.00  119.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      67     63.5     803-900      850.9  191.00-192.00  191.49
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
 Total all grades     112     42.0   1,390-1,390  1,390.0  110.00-110.00  110.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      123     62.0     759-911      839.0  184.00-187.00  184.82
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     123     62.0     759-911      839.0  184.00-187.00  184.82
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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     248     63.5   1,150-1,160  1,153.8  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       90     62.5     750-750      750.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades      90     62.5     750-750      750.0  189.50-189.50  189.50
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       79     63.2   1,100-1,100  1,100.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades      79     63.2   1,100-1,100  1,100.0  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    1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
  0 - 35% Choice                          -                      -
 Total all grades   1,395     62.8   1,075-1,215  1,177.0  117.00-120.00  118.23
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     63.0     819-819      819.0  195.00-195.00  195.00
 35 - 65% Choice       43     63.0     775-775      775.0  189.50-189.50  189.50
  0 - 35% Choice                          -                      -
 Total all grades      83     63.0     775-819      796.2  189.50-195.00  192.15
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,722     62.9   1,075-1,215  1,170.1  117.00-120.00  118.57
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     173     62.7     750-819      772.2  189.50-195.00  190.77
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      175     59.6     771-795      782.9  180.00-187.00  183.96
 65 - 80% Choice       94     60.0     825-825      825.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     269     59.7     771-825      797.6  180.00-187.00  185.02
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       17     58.4     721-721      721.1  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades      17     58.4     721-721      721.1  196.00-196.00  196.00

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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