LM_CT181
St Joseph, MO    Tue Jul 1, 2008     USDA Market News

TEXAS-OKLAHOMA-NEW MEXICO MONTHLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATE
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:   160,973        Last Month:  238,014         Last Year:   179,461

                       LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice            41    1,250-1,250     1,250    93.75-93.75   93.75
 65 - 80% Choice         2,732    1,150-1,410     1,290    90.00-99.00   94.67
 35 - 65% Choice        82,394    1,050-1,430     1,248    92.00-99.50   96.14
  0 - 35% Choice         3,895    1,175-1,385     1,292    92.50-99.50   95.13
 Total all grades       89,062    1,050-1,430     1,252    90.00-99.50   96.05
HEIFERS
 Over 80% Choice            33    1,125-1,125     1,125    93.50-93.50   93.50
 65 - 80% Choice         2,495    1,000-1,210     1,090    93.00-99.00   95.87
 35 - 65% Choice        53,241      985-1,265     1,123    93.00-99.50   95.82
  0 - 35% Choice         1,069    1,040-1,250     1,123    92.50-95.00   94.11
 Total all grades       56,838      985-1,265     1,122    92.50-99.50   95.78

                   DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice                       -                        -
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades                      -                        -
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice            27      819-819        819    147.00-147.00  147.00
 35 - 65% Choice            65      803-803        803    147.00-147.00  147.00
  0 - 35% Choice                       -                        -
 Total all grades           92      803-819        808    147.00-147.00  147.00

MONTHLY ACCUMULATED        Head Count    Avg Weight    Avg Price
  Live    Steer              89,062       1,251.50       $96.05
  Live    Heifer             56,838       1,121.50       $95.78
  Dressed Steer
  Dressed Heifer                 92         807.90      $147.00
SAME PERIOD LAST MONTH     Head Count    Avg Weight    Avg Price
  Live    Steer             127,865       1,239.60       $94.13
  Live    Heifer             85,510       1,127.60       $94.09
  Dressed Steer                 619         889.50      $146.11
  Dressed Heifer                 46         672.00      $149.00
SAME PERIOD LAST YEAR      Head Count    Avg Weight    Avg Price
  Live    Steer              92,200       1,243.90       $90.02
  Live    Heifer             64,789       1,133.10       $89.80
  Dressed Steer               1,649         778.60      $142.75
  Dressed Heifer              3,886         722.10      $142.71

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           http://www.ams.usda.gov/LSMarketNews
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