Direct Slaughter Cattle - Negotiated Purchases - Morning

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LM_CT113
St Joseph, MO    Tue May 22, 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:       1,418            Week ago:      356          Year ago:    7,308
Week to Date:    1,418            Week ago:      578          Year ago:    8,861

NEGOTIATED GRID BASE:
Confirmed:       2,135            Week ago:    2,427          Year ago:    1,298
Week to Date:    5,923            Week ago:    3,552          Year ago:    2,233


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       20     63.0   1,300-1,300  1,300.0  121.00-121.00  121.00
 65 - 80% Choice       38     63.5   1,375-1,375  1,375.0  122.00-122.00  122.00
 35 - 65% Choice      436     63.3   1,325-1,370  1,346.4  122.00-122.00  122.00
  0 - 35% Choice                          -                      -
 Total all grades     494     63.3   1,300-1,375  1,346.7  121.00-122.00  121.96
STEER - DRESSED - DELIVERED
 No reportable trade.
HEIFER - LIVE - FOB
 Over 80% Choice      195     63.4   1,150-1,175  1,157.7  122.00-122.50  122.40
 65 - 80% Choice      516     63.4   1,100-1,275  1,193.6  122.00-123.00  122.53
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     711     63.4   1,100-1,275  1,183.8  122.00-123.00  122.50
HEIFER - DRESSED - DELIVERED
 No reportable trade.
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     64.0     750-750      750.0  194.00-194.00  194.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      30     64.0     750-750      750.0  194.00-194.00  194.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,205     63.4   1,100-1,375  1,250.6  121.00-123.00  122.28
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      30     64.0     750-750      750.0  194.00-194.00  194.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     61.5   1,350-1,350  1,350.0  114.75-114.75  114.75
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       12     65.0   1,389-1,389  1,389.0  112.00-112.00  112.00
 Total all grades      50     62.3   1,350-1,389  1,359.4  112.00-114.75  114.09
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       27     62.0     754-764      760.0  185.00-189.00  187.37
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      27     62.0     754-764      760.0  185.00-189.00  187.37
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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      169     64.0   1,325-1,325  1,325.0  122.25-122.25  122.25
  0 - 35% Choice                          -                      -
 Total all grades     169     64.0   1,325-1,325  1,325.0  122.25-122.25  122.25
STEER - DRESSED - DELIVERED
 Over 80% Choice       86     62.2     720-793      773.2  198.00-200.00  198.93
 65 - 80% Choice       90     62.3     759-819      796.6  195.00-200.00  199.11
 35 - 65% Choice      150     62.6     750-852      786.6  193.00-197.00  194.51
  0 - 35% Choice                          -                      -
 Total all grades     326     62.4     720-852      785.8  193.00-200.00  196.94
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      120     63.0   1,225-1,225  1,225.0  121.00-121.00  121.00
  0 - 35% Choice                          -                      -
 Total all grades     120     63.0   1,225-1,225  1,225.0  121.00-121.00  121.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       42     63.7     780-780      780.9  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     63.7     780-780      780.9  192.00-192.00  192.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      438     62.8   1,150-1,200  1,185.8  121.00-122.00  121.19
  0 - 35% Choice                          -                      -
 Total all grades     438     62.8   1,150-1,200  1,185.8  121.00-122.00  121.19
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      145     62.6     765-826      797.7  193.00-198.00  195.26
 65 - 80% Choice       65     61.4     744-793      774.2  193.00-196.00  194.15
 35 - 65% Choice       93     63.8     688-775      728.2  195.00-196.00  195.54
  0 - 35% Choice      250     62.5     750-750      750.0  185.00-185.00  185.00
 Total all grades     553     62.6     688-826      761.7  185.00-198.00  190.54
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     727     63.1   1,150-1,325  1,224.7  121.00-122.25  121.40
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     921     62.6     688-852      771.1  185.00-200.00  192.87
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No reportable trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      335     60.0     775-831      795.6  182.00-192.00  188.19
 65 - 80% Choice       40     59.5     773-773      773.5  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     375     60.0     773-831      793.2  182.00-192.00  187.95
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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