LM_CT129 St Joseph, MO Wed May 14, 2008 USDA Market News IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES Recap for: Tuesday, 5/13/2008 This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. Confirmed: 269 Week Ago: 292 Last Year: 3,904 Week to Date: 377 Week Ago: 487 Last Year: 4,709 LIVE FOB BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - HEIFERS Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - DRESSED DELIVERED - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - HEIFERS Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - WEEKLY ACCUMULATED Head Count Avg Weight Avg Price Live Steer Live Heifer Dressed Steer Dressed Heifer SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 128 1,378.30 92.36 Live Heifer Dressed Steer Dressed Heifer SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 2,301 1,318.80 97.36 Live Heifer 289 1,218.90 97.34 Dressed Steer 159 796.90 154.00 Dressed Heifer 104 722.10 154.83 Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1100C .