Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Thu Aug 30, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 08/29/2012

Wednesday trading in the Southern and Northern Plains was inactive on very light
demand. In the Western Cornbelt trading was limited on light demand. Not enough
sales for a market trend in any major feeding region. Last week in the Texas Pan-
handle live sales sold mostly at 120.00. In Kansas live sales sold at 121.00. In 
Nebraska live sales sold mostly from 119.00-121.50 and dressed sales sold from 
187.00-188.00. In Colorado live sales sold at 121.50. In Iowa-Minnesota the bulk 
of live sales sold from 118.00-119.00 and dressed sales sold mostly at 186.00.

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:       3,405            Week ago:    9,148          Year ago:    3,178
Week to Date:    8,048            Week ago:   13,271          Year ago:    6,188

NEGOTIATED GRID BASE:
Confirmed:       1,918            Week ago:    2,831          Year ago:    1,949
Week to Date:   10,032            Week ago:    8,506          Year ago:    6,361


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      218     63.8   1,375-1,500  1,447.2  117.50-119.00  118.46
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     218     63.8   1,375-1,500  1,447.2  117.50-119.00  118.46
STEER - DRESSED - DELIVERED
 Over 80% Choice      310     62.9     847-897      882.4  187.00-187.00  187.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     310     62.9     847-897      882.4  187.00-187.00  187.00
HEIFER - LIVE - FOB
 Over 80% Choice      103     63.7   1,100-1,225  1,161.4  119.00-120.00  119.17
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     103     63.7   1,100-1,225  1,161.4  119.00-120.00  119.17
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      132     63.5     809-809      809.0  187.00-187.00  187.00
 65 - 80% Choice       77     63.0     803-803      803.0  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     209     63.3     803-809      806.8  187.00-187.00  187.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       78     63.7   1,300-1,400  1,348.7  117.00-119.00  117.97
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      78     63.7   1,300-1,400  1,348.7  117.00-119.00  117.97
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      387     62.6     787-882      833.6  187.00-188.00  187.11
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     387     62.6     787-882      833.6  187.00-188.00  187.11
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     399     63.7   1,100-1,500  1,354.2  117.00-120.00  118.55
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     906     62.9     787-897      844.1  187.00-188.00  187.05
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      295     59.7   1,300-1,345  1,318.6  110.00-110.00  110.00
  0 - 35% Choice                          -                      -
 Total all grades     295     59.7   1,300-1,345  1,318.6  110.00-110.00  110.00
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       37     61.6     808-888      856.1  184.00-185.00  184.41
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       14     62.0     685-685      685.2  183.00-183.00  183.00
 Total all grades      51     61.7     685-888      809.2  183.00-185.00  184.02
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
  No Reportable Trade.  
STEER - DRESSED - DELIVERED
 Over 80% Choice      190     62.0     718-875      805.0  188.00-193.00  190.25
 65 - 80% Choice      128     64.2     791-948      916.4  186.00-190.00  187.09
 35 - 65% Choice       25     64.0     804-804      804.3  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades     343     63.0     718-948      846.5  186.00-193.00  189.05
HEIFER - LIVE - FOB
  No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      210     62.0     825-850      846.4  188.00-188.00  188.00
 Total all grades     210     62.0     825-850      846.4  188.00-188.00  188.00
MIXED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      333     63.4     717-825      782.5  185.00-190.00  187.62
 65 - 80% Choice      386     62.8     724-796      766.1  186.00-190.00  188.15
 35 - 65% Choice      237     62.8     724-834      773.2  186.00-190.00  187.82
  0 - 35% Choice       40     62.0     950-950      950.0  190.00-190.00  190.00
 Total all grades     996     63.0     717-950      780.7  185.00-190.00  187.97
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,549     62.8     717-950      804.2  185.00-193.00  188.21
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      117     61.1     775-801      798.3  185.00-185.00  185.00
 65 - 80% Choice       34     62.0     775-775      775.0  183.00-183.00  183.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     151     61.3     775-801      793.1  183.00-185.00  184.55
MIXED STEER/HEIFER/COW - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       52     65.1     799-799      799.1  189.00-189.00  189.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      52     65.1     799-799      799.1  189.00-189.00  189.00

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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