Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Tue May 15, 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:         871            Week ago:      346          Year ago:    9,296
Week to Date:    1,449            Week ago:      944          Year ago:   10,527

NEGOTIATED GRID BASE:
Confirmed:         898            Week ago:      862          Year ago:    1,299
Week to Date:    4,450            Week ago:    3,927          Year ago:    3,911


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      295     64.5   1,350-1,375  1,371.6  122.50-123.00  122.81
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     295     64.5   1,350-1,375  1,371.6  122.50-123.00  122.81
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice      337     63.9   1,100-1,325  1,283.8  120.75-123.00  122.19
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     337     63.9   1,100-1,325  1,283.8  120.75-123.00  122.19
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       40     64.0   1,250-1,250  1,250.0  123.00-123.00  123.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     64.0   1,250-1,250  1,250.0  123.00-123.00  123.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     672     64.2   1,100-1,375  1,320.3  120.75-123.00  122.51
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      108     62.0     781-960      900.9  188.00-190.00  189.18
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       11     62.0     820-820      820.4  188.00-188.00  188.00
 Total all grades     119     62.0     781-960      893.4  188.00-190.00  189.07
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       53     62.3     658-793      754.9  194.00-196.00  195.43
 65 - 80% Choice       41     64.0     770-770      770.0  194.00-194.00  194.00
 35 - 65% Choice       35     62.2     719-724      722.9  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     129     62.8     658-793      751.0  192.00-196.00  194.05
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       90     63.0     803-803      803.0  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       65     62.0     850-850      850.0  190.00-190.00  190.00
 Total all grades     155     62.6     803-850      822.7  190.00-194.00  192.32
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      117     61.7     709-780      750.6  188.00-194.00  191.88
 35 - 65% Choice       22     62.0     850-850      850.0  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     139     61.8     709-850      766.4  188.00-194.00  191.58
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     423     62.4     658-850      782.3  188.00-196.00  192.61
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      139     60.9     829-829      829.0  182.00-186.00  182.98
 65 - 80% Choice                          -                      -
 35 - 65% Choice       13     61.0     808-808      808.3  184.00-184.00  184.00
  0 - 35% Choice                          -                      -
 Total all grades     152     60.9     808-829      827.2  182.00-186.00  183.07
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice      140     60.9     829-829      829.0  186.00-186.00  186.00
 65 - 80% Choice       84     61.6     715-896      801.4  192.00-194.00  193.05
 35 - 65% Choice       45     63.4     791-791      791.3  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     269     61.5     715-896      814.1  186.00-194.00  189.04

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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