Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Wed May 16, 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:         411            Week ago:      872          Year ago:    7,898
Week to Date:    2,999            Week ago:    3,047          Year ago:   25,545

NEGOTIATED GRID BASE:
Confirmed:         895            Week ago:      552          Year ago:    1,417
Week to Date:    6,984            Week ago:    5,774          Year ago:    8,462


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     64.0   1,325-1,325  1,325.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     64.0   1,325-1,325  1,325.0  122.00-122.00  122.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       42     62.0     759-759      759.5  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     62.0     759-759      759.5  194.00-194.00  194.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       44     62.5     781-781      781.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      44     62.5     781-781      781.0  192.00-192.00  192.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      38     64.0   1,325-1,325  1,325.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      86     62.3     759-781      770.5  192.00-194.00  192.98
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       28     61.5     793-831      812.4  187.00-189.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      28     61.5     793-831      812.4  187.00-189.00  188.00
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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice       84     62.1     809-809      809.6  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       59     63.0     834-834      834.8  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     143     62.5     809-834      820.0  191.00-195.00  193.35
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      120     61.9     899-931      917.7  188.00-188.00  188.00
 Total all grades     120     61.9     899-931      917.7  188.00-188.00  188.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      100     62.5   1,150-1,150  1,150.0  116.00-116.00  116.00
  0 - 35% Choice       95     62.8   1,200-1,200  1,200.0  117.50-117.50  117.50
 Total all grades     195     62.6   1,150-1,200  1,174.4  116.00-117.50  116.73
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      108     63.1     667-787      735.9  192.00-194.00  193.69
 65 - 80% Choice       82     61.7     724-747      734.6  192.00-192.00  192.00
 35 - 65% Choice       24     63.0     724-724      724.5  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     214     62.6     667-787      734.1  192.00-194.00  192.85
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     195     62.6   1,150-1,200  1,174.4  116.00-117.50  116.73
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     477     62.4     667-931      806.0  188.00-195.00  191.78
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      210     60.9     829-829      829.0  182.00-184.00  182.67
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     210     60.9     829-829      829.0  182.00-184.00  182.67
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       13     63.9     698-698      698.9  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      13     63.9     698-698      698.9  194.00-194.00  194.00

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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