Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Thu May 10, 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:       1,694            Week ago:    7,304          Year ago:   66,583
Week to Date:    5,885            Week ago:   20,627          Year ago:   87,406

NEGOTIATED GRID BASE:
Confirmed:       1,469            Week ago:    2,580          Year ago:   11,395
Week to Date:    8,268            Week ago:    9,322          Year ago:   20,984


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      468     63.6   1,300-1,350  1,324.4  120.00-122.00  120.97
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     468     63.6   1,300-1,350  1,324.4  120.00-122.00  120.97
STEER - DRESSED - DELIVERED
 Over 80% Choice      185     64.0     864-864      864.0  195.00-195.00  195.00
 65 - 80% Choice       18     61.0     793-793      793.0  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     203     63.7     793-864      857.7  190.00-195.00  194.56
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      365     63.0     771-771      771.8  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     365     63.0     771-771      771.8  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      266     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades     266     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      120     63.5     750-775      766.7  191.00-192.00  191.33
 65 - 80% Choice       38     62.0     796-796      796.7  190.00-190.00  190.00
 35 - 65% Choice       38     64.0     832-832      832.0  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     196     63.3     750-832      785.2  190.00-192.00  190.82
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     734     63.6   1,300-1,350  1,333.7  120.00-122.00  120.62
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     764     63.3     750-864      798.1  190.00-195.00  191.42
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       55     62.0     794-828      814.1  185.00-188.00  187.24
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      55     62.0     794-828      814.1  185.00-188.00  187.24
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       94     63.3     787-800      793.0  192.00-195.00  193.28
 65 - 80% Choice                          -                      -
 35 - 65% Choice      521     65.5     781-828      817.1  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     615     65.2     781-828      813.4  190.00-195.00  190.50
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      498     64.5     730-756      740.1  190.00-192.00  190.90
  0 - 35% Choice                          -                      -
 Total all grades     498     64.5     730-756      740.1  190.00-192.00  190.90
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       26     63.9     696-696      696.1  192.00-192.00  192.00
 65 - 80% Choice       96     62.6     750-787      772.5  190.00-192.00  191.13
 35 - 65% Choice                          -                      -
  0 - 35% Choice       70     62.0     800-900      855.7  187.00-191.00  188.77
 Total all grades     192     62.6     696-900      792.5  187.00-192.00  190.39
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,305     64.5     696-900      782.4  187.00-195.00  190.63
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     61.8     806-806      806.7  185.00-185.00  185.00
 65 - 80% Choice       17     59.1     745-745      745.1  185.00-185.00  185.00
 35 - 65% Choice      109     62.9     849-849      849.5  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     164     62.3     745-849      828.8  185.00-191.00  188.99
MIXED STEER/HEIFER/COW 
 No reportable trade.

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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