Direct Slaughter Cattle - Negotiated Purchases - Morning

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LM_CT113
St Joseph, MO    Thu May 03, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning
Primarily trade from previous afternoon

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:       5,582            Week ago:      397          Year ago:    8,011
Week to Date:   13,323            Week ago:    8,120          Year ago:  149,833

NEGOTIATED GRID BASE:
Confirmed:       1,507            Week ago:      510          Year ago:    5,017
Week to Date:    6,774            Week ago:    7,066          Year ago:   32,557


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      852     63.7   1,275-1,375  1,353.3  120.00-123.25  121.67
 65 - 80% Choice      706     62.9   1,275-1,435  1,353.6  119.00-121.75  119.49
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,558     63.4   1,275-1,435  1,353.4  119.00-123.25  120.68
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      588     63.3     787-864      818.1  188.00-191.00  190.36
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     588     63.3     787-864      818.1  188.00-191.00  190.36
HEIFER - LIVE - FOB
 Over 80% Choice      276     62.8   1,115-1,342  1,233.3  120.00-120.00  120.00
 65 - 80% Choice      917     62.9   1,200-1,250  1,239.5  116.00-120.00  117.99
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,193     62.9   1,115-1,342  1,238.1  116.00-120.00  118.46
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       76     63.5     793-793      793.0  191.00-191.00  191.00
 65 - 80% Choice      368     63.1     950-950      950.0  192.00-193.00  192.44
 35 - 65% Choice      130     63.3     950-950      950.0  192.00-192.00  192.00
  0 - 35% Choice                          -                      -
 Total all grades     574     63.2     793-950      929.2  191.00-193.00  192.15
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      392     63.3   1,125-1,300  1,166.1  120.00-121.00  120.13
 65 - 80% Choice      543     62.3   1,275-1,400  1,332.3  119.00-120.00  119.29
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     935     62.7   1,125-1,400  1,262.6  119.00-121.00  119.64
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       77     63.5     775-866      818.9  190.00-192.00  191.04
 65 - 80% Choice      104     62.9     771-812      788.6  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     181     63.1     771-866      801.5  190.00-192.00  190.44
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,686     63.0   1,115-1,435  1,293.1  116.00-123.25  119.70
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,343     63.2     771-950      863.3  188.00-193.00  191.14
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       64     60.0   1,375-1,375  1,375.0  112.00-112.00  112.00
 65 - 80% Choice       37     61.5   1,400-1,400  1,400.0  112.50-112.50  112.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     101     60.5   1,375-1,400  1,384.2  112.00-112.50  112.18
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       60     62.0     653-859      792.4  185.00-186.00  185.73
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     62.0     653-859      792.4  185.00-186.00  185.73
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       40     62.5     781-781      781.2  198.00-198.00  198.00
 65 - 80% Choice       92     63.2     787-809      797.1  192.00-197.00  194.61
 35 - 65% Choice      173     63.2     822-822      822.3  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     305     63.1     781-822      809.3  190.00-198.00  192.44
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       90     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     63.0   1,215-1,215  1,215.0  119.00-119.00  119.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      137     63.5     746-746      746.1  198.00-198.00  198.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     137     63.5     746-746      746.1  198.00-198.00  198.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       40     62.0   1,215-1,215  1,215.0  118.00-118.00  118.00
  0 - 35% Choice      100     61.5   1,100-1,100  1,100.0  116.50-116.50  116.50
 Total all grades     140     61.6   1,100-1,215  1,132.9  116.50-118.00  116.93
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       92     63.6     750-800      775.0  192.00-192.00  192.00
 65 - 80% Choice       80     62.6     759-781      778.0  192.00-193.00  192.50
 35 - 65% Choice       39     62.5     812-812      812.0  191.00-191.00  191.00
  0 - 35% Choice                          -                      -
 Total all grades     211     63.0     750-812      783.0  191.00-193.00  192.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     230     62.2   1,100-1,215  1,165.0  116.50-119.00  117.74
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     653     63.2     746-822      787.5  190.00-198.00  193.47
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      445     60.2     775-825      786.3  183.00-190.00  186.28
 65 - 80% Choice      161     60.2     744-825      817.0  184.00-191.00  187.32
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     606     60.2     744-825      794.5  183.00-191.00  186.56
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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