LM_CT154 St Joseph, MO Mon Jun 30, 2008 USDA Market News NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES For Week Ending Sunday, 6/29/2008 Trading was active in all feeding regions with good demand on Thursday, trading was slow Friday in all feeding regions with light to moderate demand. For the week live sales in the Texas Panhandle sold 3.00 to 3.50 higher from 99.00-99.50. Live sales in Kansas sold 2.00 to 3.00 higher at 98.00 and dressed sales sold 3.50 to 5.00 higher from 155.00-156.50. Dressed sales in Nebraska sold 5.00 higher at 155.00 and live sales sold 3.00 to 4.00 higher at 98.00. Live sales in Colorado sold 3.50 to 4.00 higher from 98.00-99.00. In Iowa/Minnesota live sales sold 3.00 higher at 97.00 and dressed sales sold 5.00 to 6.00 higher at 155.00. This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. NEGOTIATED CASH: Confirmed for the week: 249,391 Week ago: 197,250 Year ago: 179,151 NEGOTIATED GRID BASE: Confirmed for the week: 34,587 Week ago: 29,025 Year ago: 33,777 DOMESTIC NEGOTIATED CASH PRICES Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price STEERS: LIVE FOB Over 80% Choice 4,767 63.2 1,225-1,455 1,353 92.50-100.75 97.08 65 - 80% Choice 15,357 63.3 1,200-1,450 1,339 94.00-99.00 97.41 35 - 65% Choice 59,058 63.5 1,050-1,450 1,289 94.00-99.50 98.49 0 - 35% Choice 1,600 62.8 1,225-1,385 1,290 98.00-99.50 98.70 Total all grades 80,782 63.4 1,050-1,455 1,302 92.50-100.75 98.20 STEERS: LIVE DELIVERED Over 80% Choice 662 63.4 1,225-1,400 1,328 95.00-99.00 96.71 65 - 80% Choice 1,508 63.1 1,250-1,400 1,315 95.24-98.00 96.71 35 - 65% Choice 2,076 63.5 1,175-1,450 1,354 95.00-98.00 97.64 0 - 35% Choice - - Total all grades 4,246 63.3 1,175-1,450 1,336 95.00-99.00 97.17 STEERS: DRESSED DELIVERED Over 80% Choice 3,013 63.5 625-952 859 147.00-156.00 154.86 65 - 80% Choice 18,676 63.3 744-912 841 151.00-156.00 154.59 35 - 65% Choice 20,220 63.2 750-928 841 149.00-156.50 154.81 0 - 35% Choice 433 62.8 756-890 822 150.00-155.00 152.80 Total all grades 42,342 63.2 625-952 842 147.00-156.50 154.70 STEERS: DRESSED FOB Over 80% Choice 133 64.0 769-864 848 152.00-153.00 152.58 65 - 80% Choice 341 63.8 816-882 850 152.00-155.00 153.63 35 - 65% Choice - - 0 - 35% Choice 16 64.0 706-706 706 146.00-146.00 146.00 Total all grades 490 63.8 706-882 845 146.00-155.00 153.10 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: LIVE FOB Over 80% Choice 6,026 63.4 1,135-1,325 1,219 93.50-98.50 97.69 65 - 80% Choice 11,900 63.4 1,075-1,340 1,215 93.00-99.00 97.63 35 - 65% Choice 33,842 63.6 1,035-1,311 1,159 95.00-99.50 98.58 0 - 35% Choice 914 62.4 1,150-1,225 1,196 98.00-99.00 98.39 Total all grades 52,682 63.5 1,035-1,340 1,179 93.00-99.50 98.26 HEIFERS: LIVE DELIVERED Over 80% Choice 504 63.8 1,150-1,300 1,230 95.00-97.00 96.47 65 - 80% Choice 2,672 63.4 1,100-1,275 1,191 95.00-98.00 97.51 35 - 65% Choice 533 63.1 1,100-1,300 1,237 94.00-98.00 96.67 0 - 35% Choice - - Total all grades 3,709 63.4 1,100-1,300 1,203 94.00-98.00 97.25 HEIFERS: DRESSED DELIVERED Over 80% Choice 2,822 63.3 708-841 774 149.00-156.00 154.53 65 - 80% Choice 9,149 63.5 676-857 773 151.00-155.00 154.56 35 - 65% Choice 15,837 63.3 678-848 746 151.00-156.50 155.12 0 - 35% Choice 245 62.5 718-718 719 155.00-155.00 155.00 Total all grades 28,053 63.4 676-857 757 149.00-156.50 154.88 HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice 1,234 63.4 1,200-1,400 1,280 93.00-100.00 96.55 65 - 80% Choice 4,235 63.4 1,120-1,450 1,263 90.00-98.00 96.59 35 - 65% Choice 11,982 63.4 1,000-1,400 1,225 95.00-99.50 98.23 0 - 35% Choice 106 62.7 1,300-1,325 1,308 98.00-99.00 98.32 Total all grades 17,557 63.4 1,000-1,450 1,238 90.00-100.00 97.72 MIXED STEER/HEIFERS: LIVE DELIVERED Over 80% Choice 704 63.2 1,125-1,365 1,255 94.00-98.50 96.74 65 - 80% Choice 481 63.0 1,100-1,425 1,240 94.00-98.00 96.24 35 - 65% Choice 413 63.3 1,175-1,275 1,237 94.00-98.00 96.70 0 - 35% Choice - - Total all grades 1,598 63.1 1,100-1,425 1,246 94.00-98.50 96.58 MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 1,139 63.8 771-960 819 150.00-155.00 154.17 65 - 80% Choice 6,275 63.0 703-882 789 148.00-155.00 154.18 35 - 65% Choice 8,101 62.9 666-854 772 151.00-157.00 154.84 0 - 35% Choice - - Total all grades 15,515 63.0 666-960 782 148.00-157.00 154.52 MIXED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 151,021 63.4 1,000-1,455 1,252 90.00-100.75 98.17 LIVE DELIVERED 9,553 63.3 1,100-1,450 1,269 94.00-99.00 97.10 DRESSED DELIVERED 85,910 63.2 625-960 803 147.00-157.00 154.72 DRESSED FOB 490 63.8 706-882 845 146.00-155.00 153.10 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price DAIRYBRED STEER/HEIFERS: LIVE FOB Over 80% Choice 214 65.0 1,378-1,424 1,412 83.00-85.00 84.78 65 - 80% Choice - - 35 - 65% Choice 601 60.4 1,200-1,375 1,340 83.00-89.00 86.75 0 - 35% Choice - - Total all grades 815 61.6 1,200-1,424 1,359 83.00-89.00 86.23 DAIRYBRED STEER/HEIFERS: LIVE DELIVERED Over 80% Choice 76 63.9 1,375-1,583 1,434 83.00-87.00 84.71 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 76 63.9 1,375-1,583 1,434 83.00-87.00 84.71 DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 858 61.9 670-1,005 808 140.00-147.00 145.18 65 - 80% Choice 280 60.7 756-868 812 144.00-145.00 144.68 35 - 65% Choice 197 61.5 734-845 830 142.00-145.00 144.57 0 - 35% Choice 191 62.0 499-782 653 135.00-139.00 137.99 Total all grades 1,526 61.6 499-1,005 792 135.00-147.00 144.11 DAIRYBRED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFER/COWS: No trade reported. 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 - - 65 - 80% Choice 80 63.5 1,350-1,350 1,350 96.00-96.00 96.00 35 - 65% Choice 580 63.4 1,200-1,250 1,235 95.00-97.50 97.07 0 - 35% Choice - - Total all grades 660 63.4 1,200-1,350 1,249 95.00-97.50 96.94 STEERS: LIVE DELIVERED No trade reported. STEERS: DRESSED DELIVERED Over 80% Choice 892 63.0 756-896 814 150.00-158.00 155.19 65 - 80% Choice 10,627 62.5 730-920 780 146.00-159.00 155.70 35 - 65% Choice 4,196 63.4 666-920 812 146.00-160.00 155.44 0 - 35% Choice 174 62.6 837-875 857 152.00-160.00 156.40 Total all grades 15,889 62.7 666-920 791 146.00-160.00 155.61 STEERS: DRESSED FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 416 64.5 750-796 771 154.00-159.00 156.30 0 - 35% Choice - - Total all grades 416 64.5 750-796 771 154.00-159.00 156.30 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: LIVE No trade reported. HEIFERS: DRESSED DELIVERED Over 80% Choice 104 64.1 749-803 793 152.00-154.00 152.38 65 - 80% Choice 1,918 63.1 677-886 772 147.00-158.00 151.97 35 - 65% Choice 3,813 63.3 643-889 787 150.00-160.00 156.10 0 - 35% Choice 226 62.9 714-868 801 148.00-158.00 154.79 Total all grades 6,061 63.3 643-889 783 147.00-160.00 154.68 HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice - - 65 - 80% Choice 135 65.0 1,200-1,200 1,200 98.00-98.00 98.00 35 - 65% Choice 850 62.7 1,100-1,300 1,186 91.00-99.00 95.81 0 - 35% Choice - - Total all grades 985 63.0 1,100-1,300 1,188 91.00-99.00 96.11 MIXED STEER/HEIFERS: LIVE DELIVERED No trade reported. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 424 63.4 714-880 803 150.00-157.00 153.38 65 - 80% Choice 2,782 62.7 704-854 788 147.00-157.00 153.82 35 - 65% Choice 5,190 62.7 649-858 773 148.00-160.00 154.01 0 - 35% Choice 11 62.0 759-759 760 154.00-154.00 154.00 Total all grades 8,407 62.7 649-880 780 147.00-160.00 153.91 MIXED STEER/HEIFERS: DRESSED FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 615 63.5 750-750 750 154.00-154.00 154.00 0 - 35% Choice - - Total all grades 615 63.5 750-750 750 154.00-154.00 154.00 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 1,645 63.2 1,100-1,350 1,212 91.00-99.00 96.44 LIVE DELIVERED - - DRESSED DELIVERED 30,357 62.8 643-920 786 146.00-160.00 154.95 DRESSED FOB 1,031 63.9 750-796 759 154.00-159.00 154.93 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price DAIRYBRED STEER/HEIFERS: LIVE No trade reported. DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 41 60.0 750-750 750 150.00-150.00 150.00 65 - 80% Choice 156 61.3 854-891 873 144.00-145.00 144.49 35 - 65% Choice 1,089 60.8 732-830 794 137.00-153.00 146.46 0 - 35% Choice 268 60.2 678-823 746 149.00-149.00 149.00 Total all grades 1,554 60.7 678-891 792 137.00-153.00 146.80 DAIRYBRED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFER/COWS: No trade reported. IMPORTED - CANADA NEGOTIATED CASH PRICES Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price STEERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 84 63.3 750-750 750 150.50-150.50 150.50 0 - 35% Choice - - Total all grades 84 63.3 750-750 750 150.50-150.50 150.50 STEERS: DRESSED FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 720 63.0 800-800 800 158.00-158.00 158.00 0 - 35% Choice - - Total all grades 720 63.0 800-800 800 158.00-158.00 158.00 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: DRESSED No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice 32 64.0 864-864 864 154.00-154.00 154.00 35 - 65% Choice 1,060 61.6 800-800 800 159.00-159.50 159.32 0 - 35% Choice - - Total all grades 1,092 61.7 800-864 802 154.00-159.50 159.16 MIXED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price ALL BEEF TYPE STEERS AND HEIFERS DRESSED DELIVERED 1,176 61.8 750-864 798 150.50-159.50 158.55 DRESSED FOB 720 63.0 800-800 800 158.00-158.00 158.00 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 67 62.0 764-820 795 145.00-147.00 145.75 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice 16 62.0 749-749 749 140.00-140.00 140.00 Total all grades 83 62.0 749-820 786 140.00-147.00 144.64 DAIRYBRED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFER/COWS: DRESSED No trade reported. IMPORTED NEGOTIATED GRID BASE PRICES: Final Net Prices Shown on LM_CT109 and LM_CT152 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price STEERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 216 63.0 850-850 851 149.00-149.00 149.00 0 - 35% Choice 20 61.0 823-823 824 155.00-155.00 155.00 Total all grades 236 62.8 823-850 848 149.00-155.00 149.51 STEERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 174 61.7 762-837 799 155.00-157.00 155.48 0 - 35% Choice - - Total all grades 174 61.7 762-837 799 155.00-157.00 155.48 HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 40 61.0 762-762 763 155.00-155.00 155.00 0 - 35% Choice - - Total all grades 40 61.0 762-762 763 155.00-155.00 155.00 MIXED STEER/HEIFERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price ALL BEEF TYPE STEERS AND HEIFERS DRESSED DELIVERED 450 62.2 762-850 821 149.00-157.00 152.31 DRESSED FOB - - Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price DAIRYBRED STEER/HEIFERS: DRESSED No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price MIXED STEER/HEIFER/COWS: DRESSED No trade reported. REGIONAL SECTION COLORADO: ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 12,857 63.0 1,075-1,450 1,269 95.00-99.00 98.25 LIVE DELIVERED 190 63.0 1,311-1,311 1,311 97.00-97.00 97.00 DRESSED DELIVERED 792 64.0 737-868 777 153.00-156.00 154.65 DRESSED FOB - - WESTERN CORNBELT: MN/IA/MO ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 11,673 63.0 1,160-1,400 1,282 94.00-97.50 96.37 LIVE DELIVERED 5,370 63.0 1,100-1,450 1,287 94.00-99.00 97.03 DRESSED DELIVERED 20,012 63.0 626-960 818 147.00-156.00 154.19 DRESSED FOB 76 63.0 882-882 882 153.00-153.00 153.00 NORTH CENTRAL/EASTERN MOUNTAIN: WY/MT/SD/ND ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 5,215 63.0 1,150-1,425 1,305 93.00-99.00 96.67 LIVE DELIVERED 722 64.0 1,240-1,365 1,312 96.00-98.00 97.51 DRESSED DELIVERED 8,270 63.0 709-906 816 151.00-155.00 154.62 DRESSED FOB - - WESTERN STATES: AZ/CA/NV/UT/WA/OR/ID ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 360 64.0 1,150-1,175 1,161 93.00-95.00 94.11 LIVE DELIVERED - - DRESSED DELIVERED 1,945 62.0 750-869 776 149.50-157.00 154.59 DRESSED FOB - - EASTERN CORNBELT: WI/IL/MI/IN/KY ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 1,385 63.0 1,150-1,400 1,320 92.50-100.75 96.94 LIVE DELIVERED 373 63.0 1,100-1,300 1,208 95.00-97.00 95.89 DRESSED DELIVERED 1,346 64.0 683-866 773 151.00-156.00 154.71 DRESSED FOB 222 64.0 848-880 869 152.00-153.00 152.35 NORTH EASTERN STATES: OH/PA/NY/WV/VA/CT/DE/ME/MA/MD/NH/NJ/RI/VT ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 161 64.0 1,200-1,344 1,241 94.50-99.00 96.18 LIVE DELIVERED - - DRESSED DELIVERED 213 64.0 810-810 810 155.00-155.00 155.00 DRESSED FOB 16 64.0 769-769 769 152.00-152.00 152.00 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 1100C .