LM_CT129 St Joseph, MO Thu Jul 03, 2008 USDA Market News IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES Recap for Wednesday, 07/02/2008 This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. Confirmed: 16,046 Week Ago: 1,872 Last Year: 1,878 Week to Date: 17,264 Week Ago: 2,964 Last Year: 4,211 LIVE FOB BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 2,442 1,275-1,450 1,363 98.75-100.00 99.94 65 - 80% Choice 2,277 1,200-1,400 1,322 98.50-100.00 99.85 35 - 65% Choice 245 1,300-1,325 1,318 100.00-100.00 100.00 0 - 35% Choice - - Total all grades 4,964 1,200-1,450 1,342 98.50-100.00 99.90 HEIFERS Over 80% Choice 167 1,200-1,275 1,218 100.00-100.00 100.00 65 - 80% Choice 272 1,150-1,250 1,181 98.00-100.00 99.79 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 439 1,150-1,275 1,195 98.00-100.00 99.87 DRESSED DELIVERED - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 896 803-880 857 159.00-160.00 159.70 65 - 80% Choice 3,105 787-1,040 848 158.00-160.00 159.40 35 - 65% Choice 971 772-921 874 157.00-160.00 158.20 0 - 35% Choice - - Total all grades 4,972 772-1,040 855 157.00-160.00 159.22 HEIFERS Over 80% Choice 40 794-794 794 159.00-159.00 159.00 65 - 80% Choice 1,765 688-800 768 158.00-160.00 159.06 35 - 65% Choice 108 709-832 781 158.00-159.00 158.42 0 - 35% Choice - - Total all grades 1,913 688-832 769 158.00-160.00 159.02 WEEKLY ACCUMULATED Head Count Avg Weight Avg Price Live Steer 4,964 1,342.00 99.90 Live Heifer 474 1,197.40 99.59 Dressed Steer 5,257 853.10 158.99 Dressed Heifer 1,991 766.40 158.87 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 312 1,297.00 94.83 Live Heifer 327 1,246.20 95.64 Dressed Steer 367 823.90 150.25 Dressed Heifer 123 746.10 149.00 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 718 1,352.90 86.56 Live Heifer 248 1,200.00 86.15 Dressed Steer 696 784.90 135.39 Dressed Heifer 220 750.00 137.00 Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1100C .