Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT113
St Joseph, MO    Tue May 15, 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:         236            Week ago:      188          Year ago:      630
Week to Date:      458            Week ago:      598          Year ago:    1,231

NEGOTIATED GRID BASE:
Confirmed:       1,451            Week ago:      736          Year ago:    1,888
Week to Date:    2,576            Week ago:    3,065          Year ago:    2,612


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      111     63.0   1,200-1,200  1,200.0  119.00-119.00  119.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       16     63.0   1,300-1,300  1,300.0  120.00-120.00  120.00
 Total all grades     127     63.0   1,200-1,300  1,212.6  119.00-120.00  119.13
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       46     63.5   1,300-1,300  1,300.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      46     63.5   1,300-1,300  1,300.0  122.00-122.00  122.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     173     63.1   1,200-1,300  1,235.8  119.00-122.00  119.89
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       35     61.2   1,425-1,425  1,425.0  112.00-112.00  112.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     61.2   1,425-1,425  1,425.0  112.00-112.00  112.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       16     62.0     740-740      740.5  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      16     62.0     740-740      740.5  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       74     62.5     823-832      827.6  193.00-196.00  194.54
 65 - 80% Choice       30     62.0     775-775      775.0  195.00-195.00  195.00
 35 - 65% Choice      120     63.5     750-750      750.0  189.00-189.00  189.00
  0 - 35% Choice                          -                      -
 Total all grades     224     63.0     750-832      779.0  189.00-196.00  191.63
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       37     64.0   1,325-1,325  1,325.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       73     63.0   1,075-1,075  1,075.0  118.00-118.00  118.00
  0 - 35% Choice                          -                      -
 Total all grades     110     63.3   1,075-1,325  1,159.1  118.00-122.00  119.35
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      149     61.9     825-825      825.0  192.00-192.00  192.00
 65 - 80% Choice      112     62.0     777-781      780.1  192.00-193.00  192.34
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     261     62.0     777-825      805.7  192.00-193.00  192.15
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     110     63.3   1,075-1,325  1,159.1  118.00-122.00  119.35
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     485     62.4     750-832      793.4  189.00-196.00  191.91
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       14     60.9     829-829      829.0  182.00-182.00  182.00
 65 - 80% Choice       67     61.0     735-781      753.7  182.00-189.00  184.82
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      81     61.0     735-829      766.7  182.00-189.00  184.33
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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