LM_CT158 St Joseph, MO Mon May 5, 2008 USDA Market News NEBRASKA WEEKLY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES For Week Ending Sunday 5/4/2008 Trading was active Friday with moderate demand. For the week live sales sold steady to .50 higher from 93.00-93.50 and dressed sales sold 1.00 to 2.00 lower from 148.00 to 149.00. 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: 68,881 Week ago: 82,961 Year ago: 55,902 NEGOTIATED GRID BASE: Confirmed for the week: 5,964 Week ago: 5,330 Year ago: 9,143 NEGOTIATED CASH PRICES Grade: Head Dress WT Wtd Avg Price Wtd Avg Count Pct Range Wt Range Price STEERS: LIVE FOB Over 80% Choice 518 62.4 1,300-1,460 1,392 91.00-93.50 92.08 65 - 80% Choice 2,381 62.7 1,250-1,385 1,306 92.50-93.50 93.35 35 - 65% Choice 2,841 62.4 1,200-1,375 1,310 93.00-93.50 93.28 0 - 35% Choice - - Total all grades 5,740 62.6 1,200-1,460 1,316 91.00-93.50 93.20 STEERS: LIVE DELIVERED Over 80% Choice - - 65 - 80% Choice 778 63.1 1,350-1,425 1,375 92.00-94.00 93.69 35 - 65% Choice 226 62.8 1,240-1,365 1,262 91.00-94.00 91.53 0 - 35% Choice - - Total all grades 1,004 63.1 1,240-1,425 1,349 91.00-94.00 93.20 STEERS: DRESSED DELIVERED Over 80% Choice 1,988 62.9 809-945 902 149.00-149.00 149.00 65 - 80% Choice 11,922 63.2 690-924 839 147.00-150.00 149.02 35 - 65% Choice 18,508 63.0 736-945 818 147.00-150.00 148.80 0 - 35% Choice 637 64.4 746-859 809 148.00-149.00 148.25 Total all grades 33,055 63.1 690-945 831 147.00-150.00 148.88 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 902 62.6 1,225-1,350 1,282 92.00-93.50 92.72 65 - 80% Choice 2,186 62.9 1,075-1,400 1,230 91.00-93.50 93.29 35 - 65% Choice 968 62.2 1,125-1,225 1,195 93.00-93.50 93.20 0 - 35% Choice - - Total all grades 4,056 62.7 1,075-1,400 1,233 91.00-93.50 93.14 HEIFERS: LIVE DELIVERED Over 80% Choice 61 63.0 1,220-1,220 1,220 92.00-92.00 92.00 65 - 80% Choice 1,858 63.1 1,175-1,350 1,247 91.00-94.00 93.49 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,919 63.1 1,175-1,350 1,246 91.00-94.00 93.44 HEIFERS: DRESSED DELIVERED Over 80% Choice 1,467 63.2 695-850 779 148.00-150.00 149.08 65 - 80% Choice 4,815 62.9 682-865 759 147.00-149.25 148.77 35 - 65% Choice 10,139 62.7 666-875 757 147.00-149.00 148.55 0 - 35% Choice 291 62.7 778-778 778 148.00-148.00 148.00 Total all grades 16,712 62.8 666-875 760 147.00-150.00 148.65 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 250 62.6 1,270-1,350 1,312 92.00-93.50 92.72 65 - 80% Choice 123 62.6 1,265-1,265 1,265 93.50-93.50 93.50 35 - 65% Choice 1,137 62.8 1,125-1,385 1,259 92.50-93.50 92.98 0 - 35% Choice - - Total all grades 1,510 62.7 1,125-1,385 1,268 92.00-93.50 92.98 MIXED STEER/HEIFERS: LIVE DELIVERED Over 80% Choice 25 62.0 1,350-1,350 1,350 92.00-92.00 92.00 65 - 80% Choice 262 62.5 1,225-1,350 1,314 92.00-92.00 92.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 287 62.5 1,225-1,350 1,317 92.00-92.00 92.00 MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 345 63.1 762-806 780 148.00-150.00 149.05 65 - 80% Choice 1,467 63.0 703-913 801 147.00-149.00 148.65 35 - 65% Choice 2,420 62.6 700-847 780 148.00-150.00 148.70 0 - 35% Choice - - Total all grades 4,232 62.8 700-913 787 147.00-150.00 148.71 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 11,306 62.6 1,075-1,460 1,280 91.00-93.50 93.15 LIVE DELIVERED 3,210 63.0 1,175-1,425 1,285 91.00-94.00 93.24 DRESSED DELIVERED 53,999 63.0 666-945 805 147.00-150.00 148.80 DRESSED FOB - - 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 16 61.0 854-854 854 140.00-140.00 140.00 65 - 80% Choice 35 59.0 752-752 752 139.00-139.00 139.00 35 - 65% Choice 315 60.9 830-854 847 135.00-140.00 135.87 0 - 35% Choice - - Total all grades 366 60.7 752-854 839 135.00-140.00 136.35 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 95 63.5 1,325-1,325 1,325 91.50-91.50 91.50 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 95 63.5 1,325-1,325 1,325 91.50-91.50 91.50 STEERS: LIVE DELIVERED No trade reported. STEERS: DRESSED DELIVERED Over 80% Choice 118 62.4 839-839 840 151.00-151.00 151.00 65 - 80% Choice 1,220 62.8 756-832 792 148.00-151.00 149.97 35 - 65% Choice 907 63.3 764-837 797 148.00-151.00 149.67 0 - 35% Choice - - Total all grades 2,245 63.0 756-839 796 148.00-151.00 149.90 STEERS: DRESSED FOB No trade reported. 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 179 63.0 774-774 775 151.00-151.00 151.00 65 - 80% Choice 1,518 62.9 730-756 741 147.00-151.00 149.35 35 - 65% Choice 351 62.1 734-806 790 149.00-149.00 149.00 0 - 35% Choice - - Total all grades 2,048 62.8 730-806 752 147.00-151.00 149.44 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 No trade reported. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 14 63.5 685-685 686 150.50-150.50 150.50 65 - 80% Choice 438 62.4 713-819 789 146.00-152.00 148.47 35 - 65% Choice 1,084 61.9 708-835 784 146.00-152.00 149.65 0 - 35% Choice - - Total all grades 1,536 62.0 685-835 785 146.00-152.00 149.32 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 95 63.5 1,325-1,325 1,325 91.50-91.50 91.50 LIVE DELIVERED - - DRESSED DELIVERED 5,829 62.7 685-839 778 146.00-152.00 149.59 DRESSED FOB - - 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 40 60.5 816-816 817 134.00-134.00 134.00 0 - 35% Choice - - Total all grades 40 60.5 816-816 817 134.00-134.00 134.00 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 1110C .