LM_CT107 St. Joseph, Mo Fri Jul 18, 2008 USDA Market News NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED PURCHASES - Morning For Primarily Thursday Afternoon 07/17/2008 ***LIVESTOCK MANDATORY REPORTING WILL RESUME ON MONDAY, JULY 21, 2008*** This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. Head Week to Same Day Same Period Same Day Same Period Count Date Week Ago Last Week Year Ago Last Year FORMULA NET: Dressed: 10,523 109,546 14,415 125,567 10,964 127,394 Live: 1,341 16,969 3,850 20,965 601 17,336 Total: 11,864 126,515 18,265 146,532 11,565 144,730 NEGOTIATED GRID NET: Dressed: 1,895 23,709 2,927 22,125 3,723 25,058 Live: 40 4,888 88 2,715 259 3,064 Total: 1,935 28,597 3,015 24,840 3,982 28,122 FORMULA NET - DRESSED BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER Over 80% Choice 672 769-910 843 155.70-164.74 163.23 65 - 80% Choice 772 760-887 836 156.58-160.36 159.47 35 - 65% Choice 3,862 650-914 843 147.98-160.40 157.54 0 - 35% Choice 1,137 729-955 839 150.90-159.92 157.64 HEIFER Over 80% Choice 60 763-763 763 161.14-161.14 161.14 65 - 80% Choice 554 738-824 765 159.54-168.53 163.20 35 - 65% Choice 1,961 641-834 755 153.42-164.25 158.43 0 - 35% Choice 132 580-743 692 150.96-152.63 152.11 MIXED STEER/HEIFER Over 80% Choice 251 713-861 783 160.39-166.45 162.78 65 - 80% Choice - - 35 - 65% Choice 650 679-884 712 146.89-161.57 158.08 0 - 35% Choice 233 611-743 699 146.68-156.40 153.28 ALL STEERS & HEIFERS 10,284 580-955 806 146.68-168.53 158.56 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 158 846-849 848 152.00-168.94 161.22 35 - 65% Choice 81 806-806 806 167.90-167.90 167.90 0 - 35% Choice - - FORMULA NET - LIVE BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 443 1,260-1,375 1,322 100.00-100.00 100.00 0 - 35% Choice - - HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 418 1,085-1,085 1,085 100.00-100.00 100.00 0 - 35% Choice 52 1,304-1,304 1,304 99.00-99.00 99.00 MIXED STEER/HEIFER No Trade Reported. ALL STEERS & HEIFERS 913 1,085-1,375 1,212 99.00-100.00 99.94 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 103 1,350-1,350 1,350 96.13-96.13 96.13 35 - 65% Choice 325 1,360-1,375 1,365 96.06-96.10 96.08 0 - 35% Choice - - NEGOTIATED GRID NET - DRESSED BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER Over 80% Choice 333 751-906 833 152.18-161.44 157.90 65 - 80% Choice 149 763-821 790 154.37-159.01 156.35 35 - 65% Choice 20 759-759 759 158.81-158.81 158.81 0 - 35% Choice - - HEIFER Over 80% Choice 63 741-777 763 157.15-162.84 159.41 65 - 80% Choice 312 799-799 799 158.43-158.43 158.43 35 - 65% Choice - - 0 - 35% Choice 33 725-725 725 137.23-137.23 137.23 MIXED STEER/HEIFER Over 80% Choice 243 663-829 751 147.71-162.29 154.83 65 - 80% Choice 349 727-863 791 149.46-161.07 154.78 35 - 65% Choice 192 724-843 785 140.36-151.72 147.64 0 - 35% Choice 34 739-857 815 144.17-155.68 148.23 ALL STEERS & HEIFERS 1,728 663-906 792 137.23-162.84 155.14 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice 76 920-920 920 144.51-144.51 144.51 65 - 80% Choice 91 711-782 770 143.74-149.14 148.25 35 - 65% Choice - - 0 - 35% Choice - - NEGOTIATED GRID NET - LIVE BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER No Trade Reported. HEIFER No Trade Reported. MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 40 1,185-1,185 1,185 100.00-100.00 100.00 0 - 35% Choice - - ALL STEERS & HEIFERS 40 1,185-1,185 1,185 100.00-100.00 100.00 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER No Trade Reported. Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1100C .