Direct Slaughter Cattle - Negotiated Purchases - Afternoon

LM_CT114
St Joseph, MO    Thu Nov 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:       2,693            Week ago:    1,454          Year ago:    8,708
Week to Date:    5,264            Week ago:    7,755          Year ago:   10,929

NEGOTIATED GRID BASE:
Confirmed:       4,298            Week ago:      288          Year ago:      378
Week to Date:   10,896            Week ago:    7,483          Year ago:    5,754


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       36     64.7   1,275-1,275  1,275.0  126.00-126.00  126.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      36     64.7   1,275-1,275  1,275.0  126.00-126.00  126.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      503     63.1     866-950      925.9  195.00-196.00  195.35
 65 - 80% Choice      199     64.9     882-942      938.9  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     702     63.6     866-950      929.6  195.00-196.00  195.25
HEIFER - LIVE - FOB
 Over 80% Choice       58     64.7   1,225-1,250  1,235.8  126.00-126.00  126.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      58     64.7   1,225-1,250  1,235.8  126.00-126.00  126.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      267     63.2     775-834      805.5  195.00-195.00  195.00
 65 - 80% Choice      168     63.0     800-950      837.6  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     435     63.2     775-950      817.9  195.00-195.00  195.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       42     63.2   1,250-1,250  1,250.0  126.00-126.00  126.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     63.2   1,250-1,250  1,250.0  126.00-126.00  126.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      196     63.0     897-950      930.8  194.00-195.00  194.63
 35 - 65% Choice    1,003     63.7     856-950      942.2  194.00-196.00  194.96
  0 - 35% Choice                          -                      -
 Total all grades   1,199     63.6     856-950      940.4  194.00-196.00  194.91
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     136     64.2   1,225-1,275  1,250.6  126.00-126.00  126.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,336     63.5     775-950      914.3  194.00-196.00  195.03
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       51     62.0     754-911      830.3  183.00-192.00  188.08
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      51     62.0     754-911      830.3  183.00-192.00  188.08
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice       70     61.2     781-781      781.0  184.00-184.00  184.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      70     61.2     781-781      781.0  184.00-184.00  184.00

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                          -                      -
 65 - 80% Choice      528     63.4     818-936      928.0  197.00-202.00  197.34
 35 - 65% Choice      264     66.0     858-858      858.0  198.50-198.50  198.50
  0 - 35% Choice                          -                      -
 Total all grades     792     64.3     818-936      904.7  197.00-202.00  197.73
HEIFER - LIVE - FOB
 No reportable trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      172     65.7     769-825      788.3  198.50-198.50  198.50
  0 - 35% Choice                          -                      -
 Total all grades     172     65.7     769-825      788.3  198.50-198.50  198.50
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      349     63.0   1,325-1,325  1,325.0  124.00-125.50  125.10
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     349     63.0   1,325-1,325  1,325.0  124.00-125.50  125.10
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       36     64.0     896-896      896.0  200.00-200.00  200.00
 65 - 80% Choice      226     62.8     750-825      805.5  196.00-203.00  199.61
 35 - 65% Choice       73     61.4     735-767      752.1  195.00-200.00  198.15
  0 - 35% Choice                          -                      -
 Total all grades     335     62.6     735-896      803.6  195.00-203.00  199.33
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     349     63.0   1,325-1,325  1,325.0  124.00-125.50  125.10
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,299     64.0     735-936      863.2  195.00-203.00  198.24
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      221     60.0     825-825      825.0  188.00-188.00  188.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     221     60.0     825-825      825.0  188.00-188.00  188.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      188     60.0     825-825      825.0  188.00-189.00  188.84
 35 - 65% Choice       87     61.7     940-940      940.4  178.00-178.00  178.00
  0 - 35% Choice                          -                      -
 Total all grades     275     60.5     825-940      861.5  178.00-189.00  185.41

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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