KS Weekly Direct Slaughter Cattle - Negotiated Purchases

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LM_CT157
St Joseph, MO    Mon May 7, 2012     USDA Market News

KANSAS WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES
For Week Ending Sunday, 5/6/2012

On Friday trading was moderate to active with moderate to good demand. For the
week live sales sold steady at 120.00.

NEGOTIATED CASH:
Confirmed for the week: 27,453   Week ago: 22,320   Year ago: 42,894
NEGOTIATED GRID BASE:
Confirmed for the week: 860      Week ago: 1,303    Year ago: 1,690

                             NEGOTIATED CASH PRICES
             (Includes all transactions regardless of delivery day)

Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
STEERS: LIVE FOB
 Over 80% Choice       539   63.3  1,350-1,414  1,371  120.00-120.00  120.00
 65 - 80% Choice     3,945   63.5  1,185-1,450  1,347  120.00-122.00  120.12
 35 - 65% Choice     8,758   63.2  1,070-1,435  1,279  118.00-120.00  119.99
  0 - 35% Choice                        -                    -
 Total all grades   13,242   63.3  1,070-1,450  1,303  118.00-122.00  120.03
STEERS: LIVE DELIVERED
 Over 80% Choice        40   62.0  1,350-1,350  1,350  122.00-122.00  122.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice       166   63.4  1,280-1,280  1,280  120.00-120.00  120.00
  0 - 35% Choice                        -                    -
 Total all grades      206   63.1  1,280-1,350  1,294  120.00-122.00  120.39
STEERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice       320   63.9    819-904      871  194.00-194.00  194.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      320   63.9    819-904      871  194.00-194.00  194.00
STEERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice        94   63.0  1,275-1,275  1,275  120.00-120.00  120.00
 65 - 80% Choice     2,494   63.5  1,100-1,300  1,196  120.00-121.00  120.07
 35 - 65% Choice     7,294   63.1  1,100-1,300  1,168  118.00-120.50  119.93
  0 - 35% Choice        84   63.8  1,214-1,214  1,214  120.00-120.00  120.00
 Total all grades    9,966   63.2  1,100-1,300  1,177  118.00-121.00  119.96
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        84   63.0    771-771      772  194.00-194.00  194.00
 35 - 65% Choice        73   64.0    819-819      819  190.50-190.50  190.50
  0 - 35% Choice                        -                    -
 Total all grades      157   63.5    771-819      794  190.50-194.00  192.37
HEIFERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       589   63.3  1,150-1,330  1,270  120.00-121.00  120.14
 35 - 65% Choice     2,613   63.1  1,075-1,350  1,231  119.00-120.00  119.95
  0 - 35% Choice                        -                    -
 Total all grades    3,202   63.1  1,075-1,350  1,238  119.00-121.00  119.99
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB           26,410   63.3  1,070-1,450  1,247  118.00-122.00  120.00

 LIVE DELIVERED        206   63.1  1,280-1,350  1,294  120.00-122.00  120.39

 DRESSED DELIVERED     477   63.8    771-904      846  190.50-194.00  193.46

 DRESSED FOB                            -                    -


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       152   61.1  1,300-1,450  1,394  110.00-113.00  111.22
 35 - 65% Choice       208   59.9  1,300-1,350  1,314  108.00-110.00  109.42
  0 - 35% Choice                        -                    -
 Total all grades      360   60.4  1,300-1,450  1,348  108.00-113.00  110.18
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: LIVE FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED FOB
 No Reportable Trade.

 NEGOTIATED GRID BASE PRICES:  Final Net Prices Shown on LM_CT109 and LM_CT151
                                 Formula Reports

Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
STEERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice        81   62.7  1,245-1,245  1,245  120.00-120.00  120.00
  0 - 35% Choice                        -                    -
 Total all grades       81   62.7  1,245-1,245  1,245  120.00-120.00  120.00
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       233   63.6    699-736      723  191.50-191.50  191.50
  0 - 35% Choice                        -                    -
 Total all grades      233   63.6    699-736      723  191.50-191.50  191.50
STEERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice        60   63.5  1,300-1,300  1,300  120.00-120.00  120.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       60   63.5  1,300-1,300  1,300  120.00-120.00  120.00
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice       216   62.4    730-884      800  190.00-191.50  190.82
  0 - 35% Choice                        -                    -
 Total all grades      216   62.4    730-884      800  190.00-191.50  190.82
HEIFERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice                        -                    -
 35 - 65% Choice        56   62.5    843-843      844  192.00-192.00  192.00
  0 - 35% Choice                        -                    -
 Total all grades       56   62.5    843-843      844  192.00-192.00  192.00


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice                        -                    -
 65 - 80% Choice        15   61.3    778-778      778  195.00-195.00  195.00
 35 - 65% Choice        75   61.1    837-950      890  193.00-195.00  193.93
  0 - 35% Choice                        -                    -
 Total all grades       90   61.1    778-950      871  193.00-195.00  194.11
MIXED STEER/HEIFERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
ALL BEEF TYPE STEERS AND HEIFERS
 LIVE FOB              141   63.0  1,245-1,300  1,268  120.00-120.00  120.00

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED     539   62.7    699-950      779  190.00-195.00  191.66

 DRESSED FOB            56   62.5    843-843      844  192.00-192.00  192.00


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
DAIRYBRED STEER/HEIFERS: LIVE FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice        15   60.0    720-720      720  180.00-180.00  180.00
 65 - 80% Choice        25   60.0    705-705      705  184.00-184.00  184.00
 35 - 65% Choice        25   59.7    761-761      762  182.00-182.00  182.00
  0 - 35% Choice                        -                    -
 Total all grades       65   59.9    705-761      730  180.00-184.00  182.31
DAIRYBRED STEER/HEIFERS: DRESSED FOB
 No Reportable Trade.


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFER/COWS: LIVE FOB
 No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
 Over 80% Choice        18   61.4    829-829      829  195.00-195.00  195.00
 65 - 80% Choice        41   62.6    764-764      764  192.00-192.00  192.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       59   62.2    764-829      784  192.00-195.00  192.92
MIXED STEER/HEIFER/COWS: DRESSED FOB
 No Reportable Trade.


FOB prices based on net weights FOB the feedyard after a 3-4% shrink.
Delivered prices based on hot carcass weights delivered to the plant.

Sources:    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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