KS Daily Direct Slaughter Cattle - Negotiated Purchases - Morning

LM_CT119
St Joseph, MO    Mon May 07, 2012    USDA Market News Service

KANSAS 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:      17,761            Week ago:   13,681          Year ago:      254
Week to Date:   27,453            Week ago:   22,320          Year ago:   42,894

NEGOTIATED GRID BASE:
Confirmed:         623            Week ago:      415          Year ago:     none
Week to Date:      860            Week ago:    1,303          Year ago:    1,690


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      122     63.5   1,380-1,414  1,403.4  120.00-120.00  120.00
 65 - 80% Choice    2,034     63.2   1,185-1,450  1,329.4  120.00-122.00  120.24
 35 - 65% Choice    6,476     63.3   1,125-1,400  1,285.3  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades   8,632     63.3   1,125-1,450  1,297.4  120.00-122.00  120.06
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      320     63.9     819-904      870.9  194.00-194.00  194.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     320     63.9     819-904      870.9  194.00-194.00  194.00
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      844     63.2   1,100-1,300  1,174.0  120.00-121.00  120.20
 35 - 65% Choice    5,564     63.2   1,100-1,300  1,172.0  118.00-120.50  119.90
  0 - 35% Choice       84     63.8   1,214-1,214  1,214.0  120.00-120.00  120.00
 Total all grades   6,492     63.2   1,100-1,300  1,172.8  118.00-121.00  119.94
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       84     63.0     771-771      771.8  194.00-194.00  194.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      84     63.0     771-771      771.8  194.00-194.00  194.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      288     63.2   1,150-1,330  1,248.4  120.00-121.00  120.28
 35 - 65% Choice    1,583     63.1   1,075-1,350  1,217.8  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades   1,871     63.1   1,075-1,350  1,222.5  120.00-121.00  120.04
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No reportable trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  16,995     63.2   1,075-1,450  1,241.5  118.00-122.00  120.01
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     404     63.7     771-904      850.3  194.00-194.00  194.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      152     61.1   1,300-1,450  1,393.7  110.00-113.00  111.22
 35 - 65% Choice      170     60.1   1,300-1,325  1,306.5  109.00-110.00  109.74
  0 - 35% Choice                          -                      -
 Total all grades     322     60.6   1,300-1,450  1,347.6  109.00-113.00  110.44
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 No reportable trade.
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       81     62.7   1,245-1,245  1,245.0  120.00-120.00  120.00
  0 - 35% Choice                          -                      -
 Total all grades      81     62.7   1,245-1,245  1,245.0  120.00-120.00  120.00
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      233     63.6     699-736      722.7  191.50-191.50  191.50
  0 - 35% Choice                          -                      -
 Total all grades     233     63.6     699-736      722.7  191.50-191.50  191.50
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice       60     63.5   1,300-1,300  1,300.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     63.5   1,300-1,300  1,300.0  120.00-120.00  120.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      118     63.5     730-730      730.3  191.50-191.50  191.50
  0 - 35% Choice                          -                      -
 Total all grades     118     63.5     730-730      730.3  191.50-191.50  191.50
MIXED STEER/HEIFER - LIVE - FOB
 No reportable trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       75     61.1     837-950      889.7  193.00-195.00  193.93
  0 - 35% Choice                          -                      -
 Total all grades      75     61.1     837-950      889.7  193.00-195.00  193.93
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     141     63.0   1,245-1,300  1,268.4  120.00-120.00  120.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     426     63.1     699-950      754.2  191.50-195.00  191.93
DAIRYBRED STEER/HEIFER
 No reportable trade.
MIXED STEER/HEIFER/COW 
 No reportable trade.

KANSAS - KS

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678      email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
1100C







.

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. U.S. 2012/13 corn export prospects cut as global trade boosted
3. Feed grain supply prospects lowered on delayed plantings
4. Corn conditions a tad better than last year
5. Brent crude oil dips before U.S. Fed meeting
6. Grain markets proved mixed on Monday

1. Cattle crush Calif. dairy worker
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Will Smith dethroned in latest Peterson Farm Bros. parody
5. WASDE: Corn price outlook lowered
6. Bush criticizes Farm Bill

1. Commentary: On the meaning of ‘natural’
2. Commentary: Clueless consumers
3. Commentary: Why should we care about the farm bill?