LM_CT108 St. Joseph, Mo Thu, Jul 03, 2008 USDA Market News NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED PURCHASES - Afternoon Cattle Priced So Far Today 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: 24,726 112,833 21,709 109,726 25,671 86,401 Live: 2,853 17,916 521 14,271 2,529 13,671 Total: 27,579 130,749 22,230 123,997 28,200 100,072 NEGOTIATED GRID NET: Dressed: 3,910 27,936 2,968 17,279 2,737 16,578 Live: 349 6,276 0 2,214 606 1,417 Total: 4,259 34,212 2,968 19,493 3,343 17,995 FORMULA NET - DRESSED BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER Over 80% Choice 997 673-881 813 146.41-162.86 154.92 65 - 80% Choice 1,783 749-878 833 148.84-170.33 154.73 35 - 65% Choice 8,648 717-898 844 144.30-161.60 152.63 0 - 35% Choice 2,393 699-902 849 148.35-159.48 151.70 HEIFER Over 80% Choice 424 663-819 765 150.83-162.10 154.69 65 - 80% Choice 2,116 706-885 784 149.04-157.24 153.04 35 - 65% Choice 3,466 653-811 762 147.24-156.53 151.69 0 - 35% Choice 138 874-874 874 145.93-145.93 145.93 MIXED STEER/HEIFER Over 80% Choice 416 690-830 766 149.72-155.33 152.59 65 - 80% Choice 496 681-821 742 149.23-159.68 153.00 35 - 65% Choice 1,303 706-803 746 144.39-157.48 154.79 0 - 35% Choice 15 764-764 764 148.97-148.97 148.97 ALL STEERS & HEIFERS 22,195 653-902 813 144.30-170.33 152.82 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice 265 669-897 815 145.18-156.02 152.26 65 - 80% Choice 1,439 756-850 804 147.43-158.13 155.21 35 - 65% Choice 827 750-883 795 141.94-156.72 152.98 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 649 1,376-1,515 1,425 98.00-99.00 98.43 35 - 65% Choice 1,421 1,155-1,291 1,234 98.50-104.31 102.00 0 - 35% Choice 286 1,289-1,350 1,336 99.00-101.52 99.57 HEIFER Over 80% Choice - - 65 - 80% Choice 120 1,198-1,198 1,198 98.75-98.75 98.75 35 - 65% Choice 291 1,044-1,150 1,094 97.70-102.14 100.93 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice 86 1,150-1,150 1,150 99.00-99.00 99.00 ALL STEERS & HEIFERS 2,853 1,044-1,515 1,269 97.70-104.31 100.61 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER No Trade Reported. NEGOTIATED GRID NET - DRESSED BASIS Head Wgt Avg Net Price Wtd Avg Count Range Wgt Range Net Price STEER Over 80% Choice 177 764-857 829 148.38-157.92 155.39 65 - 80% Choice 416 692-822 806 154.22-157.40 156.46 35 - 65% Choice 901 628-881 796 138.47-157.67 153.58 0 - 35% Choice 69 710-751 720 154.13-154.80 154.30 HEIFER Over 80% Choice 101 735-766 762 143.60-146.61 146.28 65 - 80% Choice 92 812-812 812 155.50-155.50 155.50 35 - 65% Choice 525 715-808 779 150.50-156.27 153.47 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice 167 644-772 736 142.57-154.90 151.30 65 - 80% Choice 183 667-747 713 146.61-155.00 151.17 35 - 65% Choice 366 689-828 769 141.36-154.94 151.93 0 - 35% Choice - - ALL STEERS & HEIFERS 2,997 628-881 782 138.47-157.92 153.42 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice 12 759-759 759 144.69-144.69 144.69 65 - 80% Choice 113 737-822 808 144.72-145.60 144.86 35 - 65% Choice 788 774-837 808 135.07-141.86 136.93 0 - 35% Choice - - NEGOTIATED GRID 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 269 1,330-1,330 1,330 98.60-98.60 98.60 0 - 35% Choice - - HEIFER No Trade Reported. MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 40 1,259-1,259 1,259 92.19-92.19 92.19 0 - 35% Choice 40 1,344-1,344 1,344 88.42-88.42 88.42 ALL STEERS & HEIFERS 349 1,259-1,344 1,324 88.42-98.60 96.70 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 1500C .