Direct Slaughter Cattle - Negotiated Purchases - Afternoon

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LM_CT114
St Joseph, MO    Thu Oct 11, 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:       3,885            Week ago:   52,073          Year ago:   97,096
Week to Date:    5,983            Week ago:   53,407          Year ago:  100,826

NEGOTIATED GRID BASE:
Confirmed:       1,278            Week ago:    3,556          Year ago:    6,859
Week to Date:    7,451            Week ago:   11,068          Year ago:   13,516


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      393     63.1   1,400-1,425  1,413.2  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice      244     62.7   1,300-1,350  1,339.1  124.00-125.00  124.78
  0 - 35% Choice                          -                      -
 Total all grades     637     62.9   1,300-1,425  1,384.9  122.00-125.00  123.07
STEER - DRESSED - DELIVERED
 No Reportable Trade.  
HEIFER - LIVE - FOB
 Over 80% Choice      266     64.0   1,240-1,260  1,248.3  125.00-125.00  125.00
 65 - 80% Choice      474     64.0   1,260-1,340  1,283.0  125.00-125.00  125.00
 35 - 65% Choice    1,778     62.9   1,150-1,300  1,249.7  124.00-125.00  124.97
  0 - 35% Choice                          -                      -
 Total all grades   2,518     63.3   1,150-1,340  1,255.8  124.00-125.00  124.98
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       84     63.5     775-775      775.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      84     63.5     775-775      775.0  192.00-192.00  192.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      232     63.5   1,275-1,350  1,299.5  122.00-122.75  122.12
 65 - 80% Choice      168     62.9   1,250-1,300  1,288.4  123.00-125.00  123.46
 35 - 65% Choice      227     61.5   1,350-1,375  1,365.6  124.00-124.00  124.00
  0 - 35% Choice                          -                      -
 Total all grades     627     62.6   1,250-1,375  1,320.5  122.00-125.00  123.16
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.  
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,782     63.1   1,150-1,425  1,288.2  122.00-125.00  124.36
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      84     63.5     775-775      775.0  192.00-192.00  192.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       19     61.0     777-777      777.8  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      19     61.0     777-777      777.8  188.00-188.00  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       70     63.0     850-900      874.3  186.00-192.00  188.91
 65 - 80% Choice                          -                      -
 35 - 65% Choice      135     66.0     825-825      825.0  196.00-196.00  196.00
  0 - 35% Choice                          -                      -
 Total all grades     205     65.0     825-900      841.8  186.00-196.00  193.58
HEIFER - LIVE - FOB
 No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      125     63.0     819-819      819.0  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     125     63.0     819-819      819.0  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       73     63.2     774-1,275  1,025.4  190.00-192.00  190.86
 65 - 80% Choice      140     62.6     781-834      796.6  192.00-193.00  192.29
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     213     62.8     774-1,275    875.0  190.00-193.00  191.80
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     543     63.7     774-1,275    849.6  186.00-196.00  192.06
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       55     60.0     775-775      775.0  186.00-188.00  187.27
 65 - 80% Choice      162     60.0     825-825      825.0  186.00-190.00  187.73
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     217     60.0     775-825      812.3  186.00-190.00  187.61
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.  
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       39     61.2     818-818      818.4  194.00-194.00  194.00
 65 - 80% Choice       36     60.0     825-825      825.0  190.00-190.00  190.00
 35 - 65% Choice      416     65.5     711-875      804.7  190.00-195.00  192.16
  0 - 35% Choice                          -                      -
 Total all grades     491     64.8     711-875      807.2  190.00-195.00  192.15

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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