LM_CT113 St Joseph, MO Tue May 13, 2008 USDA Market News Service NATIONAL DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Morning Primarily trade from previous afternoon This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. Domestic source only. Live sales based on net weights FOB the feedlot after a 3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant. NEGOTIATED CASH: Confirmed: 177 Week ago: 236 Year ago: 1,408 Week to Date: 813 Week ago: 318 Year ago: 1,757 NEGOTIATED GRID BASE: Confirmed: 2,167 Week ago: 1,381 Year ago: 4,595 Week to Date: 2,506 Week ago: 3,193 Year ago: 8,088 NEGOTIATED CASH SALES Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg Count Dress Pct Range Weight Range Price STEER - LIVE - FOB Over 80% Choice - - 65 - 80% Choice 38 63.0 1,200-1,200 1,200.0 91.50-91.50 91.50 35 - 65% Choice 62 63.5 1,225-1,225 1,225.0 91.00-91.00 91.00 0 - 35% Choice - - Total all grades 100 63.3 1,200-1,225 1,215.5 91.00-91.50 91.19 STEER - DRESSED - DELIVERED No trade reported. HEIFER - LIVE - FOB Over 80% Choice 44 64.0 1,225-1,225 1,225.0 94.00-94.00 94.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 44 64.0 1,225-1,225 1,225.0 94.00-94.00 94.00 HEIFER - DRESSED - DELIVERED No trade reported. MIXED STEER/HEIFER No trade reported. ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades 144 63.5 1,200-1,225 1,218.4 91.00-94.00 92.05 ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades - - DAIRYBRED STEER/HEIFER - LIVE - FOB No trade reported. DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 21 60.0 765-765 765.0 138.00-138.00 138.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 21 60.0 765-765 765.0 138.00-138.00 138.00 MIXED STEER/HEIFER/COW No trade reported. NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg Count Dress Pct Range Weight Range Price STEER - LIVE - FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 180 63.0 1,200-1,200 1,200.0 94.00-94.00 94.00 0 - 35% Choice - - Total all grades 180 63.0 1,200-1,200 1,200.0 94.00-94.00 94.00 STEER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 13 63.0 724-724 724.5 148.00-148.00 148.00 35 - 65% Choice 340 62.6 750-852 798.2 146.00-150.00 148.50 0 - 35% Choice - - Total all grades 353 62.6 724-852 795.5 146.00-150.00 148.48 HEIFER - LIVE - FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 39 63.0 1,100-1,100 1,100.0 94.00-94.00 94.00 0 - 35% Choice - - Total all grades 39 63.0 1,100-1,100 1,100.0 94.00-94.00 94.00 HEIFER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 260 62.6 713-841 761.1 146.00-150.00 148.35 0 - 35% Choice - - Total all grades 260 62.6 713-841 761.1 146.00-150.00 148.35 MIXED STEER/HEIFER - LIVE - FOB No trade reported. MIXED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 23 63.0 756-756 756.0 149.00-150.00 149.52 65 - 80% Choice 40 63.0 803-803 803.3 146.00-146.00 146.00 35 - 65% Choice 293 62.6 687-787 738.5 145.00-150.00 148.53 0 - 35% Choice - - Total all grades 356 62.7 687-803 746.9 145.00-150.00 148.31 ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades 219 63.0 1,100-1,200 1,182.2 94.00-94.00 94.00 ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades 969 62.7 687-852 768.4 145.00-150.00 148.38 DAIRYBRED STEER/HEIFER - LIVE - FOB No trade reported. DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 145 60.2 758-838 792.9 138.00-141.00 139.41 35 - 65% Choice 160 61.3 821-838 826.6 141.00-141.00 141.00 0 - 35% Choice - - Total all grades 305 60.8 758-838 810.6 138.00-141.00 140.24 MIXED STEER/HEIFER/COW No trade reported. NATIONAL - All States Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1100C .