LM_CT152 St. Joseph, MO Mon, Jun 30, 2008 USDA Market News Service NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. IMPORTED CATTLE ONLY For cattle priced during Week ending Sunday, 06/29/2008 Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 543 0 543 983 3,181 Negotiated Grid Net: 1,013 0 1,013 647 222 Forward Contract Net: 740 1,111 1,851 2,208 4,581 -------------------------------------------------------------------------------- FORMULA NET: Dressed Basis Head Weight Avg Price Avg Count Range Wt Range Price STEER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 60 833-833 833 149.87-149.87 149.87 0 - 35% Choice 121 876-876 876 146.23-146.23 146.23 HEIFER Over 80% Choice 35 863-863 863 145.46-145.46 145.46 65 - 80% Choice - - 35 - 65% Choice 26 796-796 796 150.75-150.75 150.75 0 - 35% Choice 259 771-803 784 146.92-147.09 147.02 MIXED STEER/HEIFER No Trade Reported. ALL STEERS & HEIFERS 501 771-876 818 145.46-150.75 147.25 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 12 748-748 748 139.79-139.79 139.79 35 - 65% Choice 30 795-795 795 137.47-137.47 137.47 0 - 35% Choice - - -------------------------------------------------------------------------------- FORMULA NET: Live Basis No Trade Reported. -------------------------------------------------------------------------------- NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Price Avg Count Range Wt Range Price STEER Over 80% Choice 115 836-869 848 152.69-157.73 154.40 65 - 80% Choice 96 805-930 885 150.42-155.90 152.39 35 - 65% Choice 65 786-862 820 147.62-153.95 150.73 0 - 35% Choice 387 733-883 851 138.96-152.67 150.15 HEIFER Over 80% Choice 12 844-844 844 156.27-156.27 156.27 65 - 80% Choice 33 775-775 775 153.18-153.18 153.18 35 - 65% Choice 41 645-808 721 144.24-149.35 146.98 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 215 704-776 734 145.82-150.22 148.42 0 - 35% Choice 38 803-803 803 150.64-150.64 150.64 ALL STEERS & HEIFERS 1,002 645-930 817 138.96-157.73 150.58 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER Over 80% Choice 11 790-790 790 141.82-141.82 141.82 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - -------------------------------------------------------------------------------- NEGOTIATED GRID NET: Live Basis No Trade Reported. -------------------------------------------------------------------------------- FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Price Avg Count Range Wt Range Price STEER Over 80% Choice - - 65 - 80% Choice 170 870-946 888 136.90-145.54 143.38 35 - 65% Choice 167 814-860 847 133.49-146.74 137.14 0 - 35% Choice 168 835-850 843 133.51-133.78 133.65 HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 191 738-761 744 146.51-147.52 146.77 0 - 35% Choice - - MIXED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 44 758-758 758 151.60-151.60 151.60 35 - 65% Choice - - 0 - 35% Choice - - ALL STEERS & HEIFERS 740 738-946 824 133.49-151.60 141.13 MIXED STEER/HEIFER/COW No Trade Reported. DAIRYBRED STEER/HEIFER No Trade Reported. -------------------------------------------------------------------------------- FORWARD CONTRACT NET: Live Basis Head Weight Avg Price Avg Count Range Wt Range Price STEER Over 80% Choice 199 1,274-1,530 1,386 86.82-98.37 94.20 65 - 80% Choice 369 1,314-1,503 1,422 92.19-96.68 93.92 35 - 65% Choice 403 1,268-1,506 1,404 90.23-95.04 92.99 0 - 35% Choice 68 1,280-1,358 1,319 92.07-92.29 92.18 HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 72 1,266-1,312 1,289 91.88-92.99 92.44 0 - 35% Choice - - MIXED STEER/HEIFER No Trade Reported. ALL STEERS & HEIFERS 1,111 1,266-1,530 1,394 86.82-98.37 93.43 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 1130C .