LM_CT180 St Joseph, MO Tue Jul 1, 2008 USDA Market News Service 5 AREA MONTHLY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots Recap for: June, 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: 777,702 Last Month: 934,274 Last Year: 767,161 LIVE FOB BASIS - Beef Breeds Head Weight Price Avg Avg Count Range Range Weight Price STEERS Over 80% Choice 11,340 1,220-1,455 90.50-98.50 1,343 94.61 65 - 80% Choice 39,778 1,150-1,475 90.00-99.00 1,328 94.82 35 - 65% Choice 166,885 1,050-1,475 91.00-99.50 1,284 95.58 0 - 35% Choice 5,598 1,175-1,385 92.50-99.50 1,289 95.38 Total all grades 223,601 1,050-1,475 90.00-99.50 1,295 95.39 HEIFERS Over 80% Choice 9,072 1,125-1,325 90.00-98.50 1,218 95.88 65 - 80% Choice 27,953 1,000-1,350 91.00-99.00 1,208 95.15 35 - 65% Choice 112,292 985-1,311 91.00-99.50 1,151 95.41 0 - 35% Choice 3,217 1,040-1,275 92.50-99.00 1,179 95.34 Total all grades 152,534 985-1,350 90.00-99.50 1,166 95.39 DRESSED DELIVERED BASIS - Beef Breeds Head Weight Price Avg Avg Count Range Range Weight Price STEERS Over 80% Choice 10,112 575-952 142.00-156.00 855 150.03 65 - 80% Choice 70,765 740-945 145.50-156.00 844 149.93 35 - 65% Choice 92,260 704-928 145.00-156.50 835 149.66 0 - 35% Choice 2,167 715-907 145.00-155.00 799 148.81 Total all grades 175,304 575-952 142.00-156.50 839 149.78 HEIFERS Over 80% Choice 6,831 654-848 145.00-156.00 778 150.48 65 - 80% Choice 30,257 677-891 145.50-155.00 771 150.24 35 - 65% Choice 61,671 646-853 145.00-156.50 751 150.07 0 - 35% Choice 529 719-735 150.00-155.00 725 152.32 Total all grades 99,288 646-891 145.00-156.50 759 150.16 MONTHLY ACCUMULATED Head Count Avg Weight Avg Price Live Steer 223,601 1,295.00 $95.39 Live Heifer 152,534 1,165.90 $95.39 Dressed Steer 175,304 839.40 $149.78 Dressed Heifer 99,288 758.80 $150.16 SAME PERIOD LAST MONTH Head Count Avg Weight Avg Price Live Steer 261,336 1,271.30 $93.90 Live Heifer 181,818 1,154.70 $93.83 Dressed Steer 215,913 832.40 $148.83 Dressed Heifer 125,642 753.60 $148.63 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 237,289 1,274.90 $89.38 Live Heifer 168,538 1,155.80 $89.42 Dressed Steer 145,261 828.20 $139.65 Dressed Heifer 102,416 746.50 $139.64 Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1345C .