Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Tue May 22, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Monday, 05/21/2012

On Monday trading was mostly inactive on very light demand in all major feeding
regions. Not enough sales for a market trend. Last week in the Southern Plains 
live sales sold at 123.00. In Nebraska live sales sold from 123.00-125.00 and 
dressed sale sold at 195.00. In Colorado live sales sold at 125.00. In the 
Western Cornbelt live sales sold from 122.00-123.00 and dressed sales sold at 
195.00.

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:      578          Year ago:    8,861
Week to Date:    1,418            Week ago:      578          Year ago:    8,861

NEGOTIATED GRID BASE:
Confirmed:       5,923            Week ago:    3,552          Year ago:    2,233
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 - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 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      471     63.3     720-856      826.8  198.00-200.00  198.34
 65 - 80% Choice      181     62.9     744-874      826.9  195.00-200.00  198.42
 35 - 65% Choice      190     62.7     677-852      763.6  191.00-197.00  193.77
  0 - 35% Choice                          -                      -
 Total all grades     842     63.1     677-874      812.6  191.00-200.00  197.33
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      582     62.2     713-793      766.2  196.00-198.00  197.86
 65 - 80% Choice      181     64.0     780-811      804.6  192.00-192.00  192.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     763     62.6     713-811      775.3  192.00-198.00  196.47
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice    1,272     63.0   1,325-1,325  1,325.0  123.00-126.00  124.32
 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   1,710     62.9   1,150-1,325  1,289.4  121.00-126.00  123.52
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      196     62.7     658-826      777.4  192.00-198.00  195.07
 65 - 80% Choice      218     63.2     744-825      805.4  192.00-197.00  194.39
 35 - 65% Choice      313     62.5     682-860      766.4  191.00-196.00  192.95
  0 - 35% Choice      358     61.1     750-950      810.3  185.00-195.00  188.02
 Total all grades   1,085     62.2     658-950      790.7  185.00-198.00  191.99
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,999     63.0   1,150-1,325  1,288.5  121.00-126.00  123.26
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,690     62.6     658-950      793.2  185.00-200.00  194.93
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      360     60.0     775-831      794.1  182.00-192.00  188.38
 65 - 80% Choice       87     59.8     773-825      801.3  184.00-189.00  185.61
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     447     60.0     773-831      795.5  182.00-192.00  187.84
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 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
1130C







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