LM_CT156 St Joseph, MO Mon May 12, 2008 USDA Market News TEXAS-OKLAHOMA-NEW-MEXICO WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES For Week Ending Sunday, 5/11/2008 Trading was active on Friday with good demand. For the week live sales traded 2.00 higher at 94.00. 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: 54,788 Week ago: 52,548 Year ago: 56,866 NEGOTIATED GRID BASE: Confirmed for the week: 6,414 Week ago: 12,425 Year ago: 10,308 NEGOTIATED CASH PRICES Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price STEERS: LIVE FOB Over 80% Choice - - 65 - 80% Choice 821 64.1 1,185-1,375 1,286 94.00-94.00 94.00 35 - 65% Choice 29,738 63.8 1,060-1,425 1,244 92.50-94.50 93.96 0 - 35% Choice 1,387 63.7 1,160-1,350 1,272 94.00-94.00 94.00 Total all grades 31,946 63.8 1,060-1,425 1,246 92.50-94.50 93.96 STEERS: LIVE DELIVERED No trade reported. STEERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 171 64.0 873-873 874 149.00-149.00 149.00 0 - 35% Choice - - Total all grades 171 64.0 873-873 874 149.00-149.00 149.00 STEERS: DRESSED FOB No trade reported. Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: LIVE FOB Over 80% Choice - - 65 - 80% Choice 1,518 63.9 1,050-1,240 1,110 94.00-94.00 94.00 35 - 65% Choice 15,462 63.8 1,000-1,240 1,123 93.00-94.50 94.00 0 - 35% Choice 354 63.9 1,100-1,285 1,195 94.00-94.50 94.19 Total all grades 17,334 63.8 1,000-1,285 1,123 93.00-94.50 94.00 HEIFERS: LIVE DELIVERED No trade reported. HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 46 64.0 672-672 672 149.00-149.00 149.00 0 - 35% Choice - - Total all grades 46 64.0 672-672 672 149.00-149.00 149.00 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 70 63.5 1,300-1,300 1,300 94.00-94.00 94.00 35 - 65% Choice 4,835 63.6 1,040-1,375 1,203 90.00-94.50 93.68 0 - 35% Choice 76 64.0 1,215-1,215 1,215 94.50-94.50 94.50 Total all grades 4,981 63.6 1,040-1,375 1,204 90.00-94.50 93.69 MIXED STEER/HEIFERS: LIVE DELIVERED No trade reported. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 92 64.0 780-780 781 149.00-149.00 149.00 0 - 35% Choice - - Total all grades 92 64.0 780-780 781 149.00-149.00 149.00 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 LIVE FOB 54,261 63.8 1,000-1,425 1,203 90.00-94.50 93.95 LIVE DELIVERED - - DRESSED DELIVERED 309 64.0 672-873 816 149.00-149.00 149.00 DRESSED FOB - - Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price DAIRYBRED STEER/HEIFERS: LIVE FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 218 60.9 1,300-1,350 1,342 83.00-84.00 83.68 0 - 35% Choice - - Total all grades 218 60.9 1,300-1,350 1,342 83.00-84.00 83.68 DAIRYBRED STEER/HEIFERS: LIVE DELIVERED No trade reported. DAIRYBRED STEER/HEIFERS: 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 - - 35 - 65% Choice 598 63.6 1,200-1,300 1,219 92.00-94.00 93.55 0 - 35% Choice - - Total all grades 598 63.6 1,200-1,300 1,219 92.00-94.00 93.55 STEERS: LIVE DELIVERED No trade reported. STEERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice 769 64.3 772-835 790 148.00-149.50 148.42 35 - 65% Choice 1,639 64.1 700-845 769 147.50-149.50 148.38 0 - 35% Choice 65 63.0 756-756 756 149.50-149.50 149.50 Total all grades 2,473 64.1 700-845 775 147.50-149.50 148.42 STEERS: DRESSED FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 245 64.2 805-815 807 148.00-148.00 148.00 0 - 35% Choice - - Total all grades 245 64.2 805-815 807 148.00-148.00 148.00 Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price HEIFERS: LIVE FOB Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 204 63.0 1,100-1,100 1,100 92.00-93.50 92.31 0 - 35% Choice - - Total all grades 204 63.0 1,100-1,100 1,100 92.00-93.50 92.31 HEIFERS: LIVE DELIVERED No trade reported. HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 1,155 64.0 669-793 720 148.00-149.00 148.62 0 - 35% Choice 73 63.5 730-730 730 149.50-149.50 149.50 Total all grades 1,228 63.9 669-793 721 148.00-149.50 148.68 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 - - 35 - 65% Choice 428 62.8 1,100-1,200 1,137 91.50-92.50 91.79 0 - 35% Choice - - Total all grades 428 62.8 1,100-1,200 1,137 91.50-92.50 91.79 MIXED STEER/HEIFERS: LIVE DELIVERED No trade reported. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 1,069 63.5 700-889 758 142.50-149.00 144.97 0 - 35% Choice - - Total all grades 1,069 63.5 700-889 758 142.50-149.00 144.97 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 1,230 63.2 1,100-1,300 1,171 91.50-94.00 92.73 LIVE DELIVERED - - DRESSED DELIVERED 4,770 63.9 669-889 757 142.50-149.50 147.71 DRESSED FOB 245 64.2 805-815 807 148.00-148.00 148.00 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 - - 65 - 80% Choice - - 35 - 65% Choice 169 60.7 810-823 820 141.00-141.00 141.00 0 - 35% Choice - - Total all grades 169 60.7 810-823 820 141.00-141.00 141.00 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. 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 1000C .