LM_CT137 St Joseph, MO Fri May 17, 2013 USDA Market News Service CERTAIN DAILY, WEEKLY, & MONTHLY REGIONAL, 5-AREA, & NATIONAL CATTLE REPORTS HAVE BEEN CORRECTED FROM APRIL 12, 2013 THROUGH MAY 6, 2013, DUE TO THE INADVERTENT OMISSION OF NEGOTIATED CASH TRANSACTION DATA FROM THE REPORTS. THE CORRECTED REPORTS CAN BE FOUND AT THE FOLLOWING PAGE: http://www.ams.usda.gov/AMSv1.0/ams.fetchTemplateData.do?template=TemplateA&page =LSMNHTMLTestPage#Top IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary Roundup for: Thursday, 05/16/2013 Negotiated cash trade was light on light demand. A few early dressed sales sold at 198.00 however there was not enough sales to establish a market trend. The last fully established market was last week with live sales at 127.00 and dressed sales from 203.00-204.00. 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: 10,446 Week ago: 3,399 Year ago: 1,437 Week to Date: 17,472 Week ago: 16,543 Year ago: 2,486 NEGOTIATED GRID BASE: Confirmed: 1,090 Week ago: 272 Year ago: 1,127 Week to Date: 2,131 Week ago: 2,234 Year ago: 2,403 NEGOTIATED CASH SALES (Includes all transactions regardless of delivery day) Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg Count Dress Pct Range Weight Range Price STEER - LIVE - FOB Over 80% Choice 1,145 63.4 1,275-1,625 1,434.5 123.00-127.00 125.09 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,145 63.4 1,275-1,625 1,434.5 123.00-127.00 125.09 STEER - DRESSED - DELIVERED Over 80% Choice 473 64.0 850-935 895.5 198.00-201.00 200.22 65 - 80% Choice 151 63.0 834-913 854.9 200.00-200.00 200.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 624 63.8 834-935 885.7 198.00-201.00 200.17 HEIFER - LIVE - FOB Over 80% Choice 279 63.6 1,150-1,300 1,235.5 123.00-126.00 124.55 65 - 80% Choice - - 35 - 65% Choice 90 63.0 1,200-1,200 1,200.0 123.00-123.00 123.00 0 - 35% Choice - - Total all grades 369 63.5 1,150-1,300 1,226.8 123.00-126.00 124.17 HEIFER - DRESSED - DELIVERED Over 80% Choice 286 63.2 787-825 807.9 198.00-201.00 199.85 65 - 80% Choice 200 62.1 744-828 760.8 198.00-198.00 198.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 486 62.7 744-828 788.5 198.00-201.00 199.09 MIXED STEER/HEIFER - LIVE - FOB Over 80% Choice 19 63.0 1,250-1,250 1,250.0 124.00-124.00 124.00 65 - 80% Choice 40 62.5 1,350-1,350 1,350.0 125.00-125.00 125.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 59 62.7 1,250-1,350 1,317.8 124.00-125.00 124.68 MIXED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 297 63.7 736-913 809.6 198.00-203.00 199.75 65 - 80% Choice 702 63.2 787-901 848.0 198.00-198.00 198.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 999 63.4 736-913 836.6 198.00-203.00 198.52 ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades 1,573 63.4 1,150-1,625 1,381.4 123.00-127.00 124.86 ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades 2,109 63.3 736-935 840.1 198.00-203.00 199.14 DAIRYBRED STEER/HEIFER - LIVE - FOB Over 80% Choice 56 65.0 1,697-1,764 1,729.3 114.00-114.00 114.00 65 - 80% Choice 180 60.0 1,350-1,350 1,350.0 114.00-114.00 114.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 236 61.2 1,350-1,764 1,440.0 114.00-114.00 114.00 DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 51 62.0 783-892 863.4 187.00-190.00 188.53 65 - 80% Choice 197 60.8 808-838 830.2 185.00-188.00 187.42 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 248 61.0 783-892 837.0 185.00-190.00 187.65 MIXED STEER/HEIFER/COW - No Reportable Trade. NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT (Includes all transactions regardless of delivery day) Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg Count Dress Pct Range Weight Range Price STEER - No Reportable Trade. HEIFER - LIVE - FOB No Reportable Trade. HEIFER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 45 62.5 750-750 750.0 202.00-202.00 202.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 45 62.5 750-750 750.0 202.00-202.00 202.00 MIXED STEER/HEIFER - LIVE - FOB No Reportable Trade. MIXED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 245 62.5 771-828 806.5 200.00-202.00 201.67 65 - 80% Choice 47 61.7 738-775 751.4 202.00-202.00 202.00 35 - 65% Choice 42 61.7 710-710 710.1 200.00-200.00 200.00 0 - 35% Choice - - Total all grades 334 62.3 710-828 786.7 200.00-202.00 201.51 ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades - - ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades 379 62.3 710-828 782.3 200.00-202.00 201.57 DAIRYBRED STEER/HEIFER - LIVE - FOB No Reportable Trade. DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 271 60.0 825-825 825.0 194.00-196.00 195.42 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 271 60.0 825-825 825.0 194.00-196.00 195.42 MIXED STEER/HEIFER/COW - LIVE - FOB No Reportable Trade. MIXED STEER/HEIFER/COW - DRESSED - DELIVERED Over 80% Choice - - 65 - 80% Choice 87 59.9 782-782 782.9 199.00-199.00 199.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 87 59.9 782-782 782.9 199.00-199.00 199.00 IOWA/MINNESOTA - IA,MN Source: USDA Market News Service, St. Joseph, MO 816-676-7000 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1130C .