NE Weekly Direct Slaughter Cattle - Negotiated Purchases

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LM_CT158
St Joseph, MO    Mon May 7, 2012    USDA Market News

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

On Friday trading was moderate to active on moderate to good demand. For the week
live sales sold steady to 1.00 higher from 120.00 to 123.00. The bulk of dressed
sales sold steady at 194.00.

NEGOTIATED CASH:
Confirmed for the week: 42,067   Week ago: 30,661   Year ago: 54,184
NEGOTIATED GRID BASE:
Confirmed for the week: 7,195    Week ago: 6,677    Year ago: 12,710

                             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       902   63.1  1,300-1,500  1,340  121.00-122.00  121.31
 65 - 80% Choice     1,702   62.8  1,300-1,390  1,358  120.00-123.00  121.54
 35 - 65% Choice     2,449   62.7  1,275-1,420  1,338  120.00-123.00  121.13
  0 - 35% Choice                        -                    -
 Total all grades    5,053   62.8  1,275-1,500  1,345  120.00-123.00  121.30
STEERS: LIVE DELIVERED
 Over 80% Choice       192   62.6  1,400-1,425  1,414  120.00-122.00  120.91
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      192   62.6  1,400-1,425  1,414  120.00-122.00  120.91
STEERS: DRESSED DELIVERED
 Over 80% Choice     3,795   63.4    809-961      883  190.00-195.00  193.57
 65 - 80% Choice    10,091   63.5    759-950      850  188.00-195.00  192.23
 35 - 65% Choice     2,205   63.4    805-950      892  194.00-195.00  194.41
  0 - 35% Choice                        -                    -
 Total all grades   16,091   63.5    759-961      864  188.00-195.00  192.84
STEERS: DRESSED FOB
 Over 80% Choice                        -                    -
 65 - 80% Choice       358   64.0    848-864      857  193.00-193.00  193.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      358   64.0    848-864      857  193.00-193.00  193.00


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
HEIFERS: LIVE FOB
 Over 80% Choice       679   63.6  1,179-1,385  1,276  120.00-123.00  122.54
 65 - 80% Choice     2,637   63.2  1,170-1,340  1,240  120.00-123.00  121.84
 35 - 65% Choice       687   62.9  1,150-1,312  1,199  120.00-122.00  121.52
  0 - 35% Choice                        -                    -
 Total all grades    4,003   63.2  1,150-1,385  1,239  120.00-123.00  121.90
HEIFERS: LIVE DELIVERED
 Over 80% Choice     1,056   63.9  1,200-1,310  1,301  122.00-123.00  122.91
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    1,056   63.9  1,200-1,310  1,301  122.00-123.00  122.91
HEIFERS: DRESSED DELIVERED
 Over 80% Choice     2,356   63.5    719-912      810  191.00-194.50  193.54
 65 - 80% Choice     6,960   63.1    693-950      789  188.00-195.00  193.36
 35 - 65% Choice       725   63.1    752-950      914  190.00-195.00  193.58
  0 - 35% Choice                        -                    -
 Total all grades   10,041   63.2    693-950      803  188.00-195.00  193.41
HEIFERS: DRESSED FOB
 Over 80% Choice       120   63.5    810-810      810  194.00-194.00  194.00
 65 - 80% Choice       178   64.0    768-768      768  193.00-193.00  193.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      298   63.8    768-810      785  193.00-194.00  193.40


Grade:                Head   Dress      WT     Wtd Avg     Price      Wtd Avg
                     Count   Pct      Range       Wt       Range       Price
MIXED STEER/HEIFERS: LIVE FOB
 Over 80% Choice       359   62.7  1,260-1,320  1,294  120.00-122.50  121.18
 65 - 80% Choice       136   62.5  1,300-1,450  1,344  120.00-121.00  120.29
 35 - 65% Choice       228   63.2  1,250-1,320  1,271  123.00-123.00  123.00
  0 - 35% Choice                        -                    -
 Total all grades      723   62.8  1,250-1,450  1,296  120.00-123.00  121.59
MIXED STEER/HEIFERS: LIVE DELIVERED
 Over 80% Choice        90   62.5  1,250-1,250  1,250  122.00-122.00  122.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       90   62.5  1,250-1,250  1,250  122.00-122.00  122.00
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice       957   63.1    803-950      851  194.00-195.00  194.03
 65 - 80% Choice     1,320   62.6    803-950      899  193.00-195.00  194.10
 35 - 65% Choice     1,845   62.3    771-950      931  194.00-195.00  194.61
  0 - 35% Choice                        -                    -
 Total all grades    4,122   62.6    771-950      902  193.00-195.00  194.31
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            9,779   63.0  1,150-1,500  1,298  120.00-123.00  121.57

 LIVE DELIVERED      1,338   63.6  1,200-1,425  1,313  120.00-123.00  122.57

 DRESSED DELIVERED  30,254   63.3    693-961      849  188.00-195.00  193.23

 DRESSED FOB           656   63.9    768-864      824  193.00-194.00  193.18


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                        -                    -
 65 - 80% Choice        40   62.0    868-868      868  186.00-186.00  186.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       40   62.0    868-868      868  186.00-186.00  186.00
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       897   62.8  1,325-1,400  1,371  122.00-123.00  122.27
 65 - 80% Choice       484   62.5  1,300-1,370  1,338  122.00-122.00  122.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    1,381   62.7  1,300-1,400  1,359  122.00-123.00  122.17
STEERS: LIVE DELIVERED
 No Reportable Trade.
STEERS: DRESSED DELIVERED
 Over 80% Choice     1,289   63.3    799-882      856  194.00-198.00  195.04
 65 - 80% Choice       111   63.4    768-800      784  192.00-198.00  194.81
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades    1,400   63.3    768-882      850  192.00-198.00  195.02
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       309   62.9  1,200-1,235  1,216  122.00-122.00  122.00
 65 - 80% Choice       314   62.9  1,200-1,300  1,228  122.00-122.00  122.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      623   62.9  1,200-1,300  1,222  122.00-122.00  122.00
HEIFERS: LIVE DELIVERED
 No Reportable Trade.
HEIFERS: DRESSED DELIVERED
 Over 80% Choice       707   62.6    715-866      780  194.00-198.00  196.33
 65 - 80% Choice       477   63.6    764-872      795  192.00-198.00  193.23
 35 - 65% Choice       243   61.7    768-950      873  192.00-193.00  192.58
  0 - 35% Choice                        -                    -
 Total all grades    1,427   62.8    715-950      801  192.00-198.00  194.66
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
 No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
 Over 80% Choice       148   63.3    683-882      820  190.00-196.00  193.76
 65 - 80% Choice        41   62.6    803-834      825  196.00-198.00  197.41
 35 - 65% Choice     1,830   60.4    837-950      943  192.00-195.00  194.41
  0 - 35% Choice       177   59.3    710-950      914  190.00-192.00  191.68
 Total all grades    2,196   60.6    683-950      930  190.00-198.00  194.20
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            2,004   62.8  1,200-1,400  1,317  122.00-123.00  122.12

 LIVE DELIVERED                         -                    -

 DRESSED DELIVERED   5,023   62.0    683-950      871  190.00-198.00  194.56

 DRESSED FOB                            -                    -


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                        -                    -
 65 - 80% Choice        25   62.0    852-852      853  182.00-182.00  182.00
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades       25   62.0    852-852      853  182.00-182.00  182.00
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       143   64.8    808-808      808  193.00-193.00  193.00
 65 - 80% Choice                        -                    -
 35 - 65% Choice                        -                    -
  0 - 35% Choice                        -                    -
 Total all grades      143   64.8    808-808      808  193.00-193.00  193.00
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

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