Direct Slaughter Cattle - Negotiated Purchases - Summary

LM_CT115
St Joseph, MO    Thu Oct 11, 2012    USDA Market News Service

NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 10/10/2012

On Wednesday in the Southern Plains and Colorado negotiated cash trading was at
a standstill. In Nebraska and Iowa/Minnesota trading was mostly inactive with
very light demand. Not enough sales for a market trend in any major feeding region.
Last week in the Southern and Northern Plains live sales sold at 124.00. Dressed 
sales in Nebraska sold at 190.00.  In the Western Cornbelt live sales sold from 
120.00-123.00 and with dressed sales at 190.00.  

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:         520            Week ago:      822          Year ago:    2,548
Week to Date:    2,098            Week ago:    1,334          Year ago:    3,730

NEGOTIATED GRID BASE:
Confirmed:       2,385            Week ago:    3,917          Year ago:    2,597
Week to Date:    6,173            Week ago:    7,512          Year ago:    6,657


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      107     64.2   1,300-1,425  1,380.6  123.00-123.50  123.18
 65 - 80% Choice       39     63.2   1,225-1,225  1,225.0  122.50-122.50  122.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     146     64.0   1,225-1,425  1,339.0  122.50-123.50  123.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      125     63.9   1,125-1,325  1,253.0  121.50-122.00  121.68
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     125     63.9   1,125-1,325  1,253.0  121.50-122.00  121.68
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       12     62.7     831-831      831.4  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades      12     62.7     831-831      831.4  190.00-190.00  190.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     271     63.9   1,125-1,425  1,299.4  121.50-123.50  122.39
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      12     62.7     831-831      831.4  190.00-190.00  190.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       36     62.5   1,325-1,325  1,325.0  112.50-112.50  112.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      36     62.5   1,325-1,325  1,325.0  112.50-112.50  112.50
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       74     61.8     793-1,028    880.1  185.00-186.00  185.22
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       12     62.0     920-920      920.2  185.00-185.00  185.00
 Total all grades      86     61.8     793-1,028    885.7  185.00-186.00  185.19
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       19     63.0     787-787      787.5  196.00-196.00  196.00
 65 - 80% Choice      118     63.3     787-825      812.6  198.00-198.00  198.00
 35 - 65% Choice      339     65.0     975-975      975.0  188.00-188.00  188.00
  0 - 35% Choice                          -                      -
 Total all grades     476     64.5     787-975      927.3  188.00-198.00  190.80
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     63.0     756-756      756.0  198.00-198.00  198.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.0     756-756      756.0  198.00-198.00  198.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      386     63.0   1,325-1,325  1,325.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     386     63.0   1,325-1,325  1,325.0  119.00-119.00  119.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      272     63.4     700-889      785.9  191.00-198.00  193.06
 65 - 80% Choice      258     62.3     744-825      777.1  192.00-195.00  192.31
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     530     62.8     700-889      781.6  191.00-198.00  192.69
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     386     63.0   1,325-1,325  1,325.0  119.00-119.00  119.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,046     63.6     700-975      846.9  188.00-198.00  192.03
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      354     60.5     775-786      781.8  184.00-188.00  184.96
 65 - 80% Choice      385     60.1     775-825      823.1  185.00-186.00  185.91
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     739     60.3     775-825      803.3  184.00-188.00  185.45
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       70     63.2     820-820      820.4  190.00-190.00  190.00
  0 - 35% Choice                          -                      -
 Total all grades      70     63.2     820-820      820.4  190.00-190.00  190.00

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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