LM_CT160 St. Joseph, Mo Mon, May 12, 2008 USDA Market News TEXAS-OKLAHOMA WEEKLY DIRECT SLAUGHTER CATTLE - FORMULA PURCHASES For Week ending: 05/11/2008 This report is based on information provided by companies that agreed to continue to participate in Livestock Mandatory Reporting on a voluntary basis. Total Formula Purchased Cattle Slaughtered: 49,295 DOMESTIC SOURCE: Premiums and Discounts Head Avg Carcass Wt Net Price Range Wtd Avg Value Range Wtd Avg 49,295 795 136.86-152.05 145.48 (7.86)-5.58 0.73 Terms of Trade: Packer Financed: 9% Delivery Location determined by: Packer: 97% Producer: 3% Delivery date determined by: Packer: 100% Producer: 0% IMPORTED SOURCE: No Trade Reported. Note: prices reflect dollars per hundredweight, dressed weight basis; negative values shown in parenthesis. Source: USDA Market News Service, St. Joseph, Mo 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1000C .