Packer-Owned Cattle Sales Activity

ST JOSEPH - Sep 8/08 - SNS -- Quantities of packer owned cattle entered U.S. domestic market channels during the previous week were summarized by the USDA today under provisions of the mandatory livestock price reporting program.

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT
PURCHASES

For Week Ending Sunday, 09/07/2008

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      25,524      732-928           836       64.1          56.1          84.5

Imported:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
                     -

       B:   PRIOR WEEK SLAUGHTERED FORMULA AND FORWARD CONTRACT HEAD COUNT

Domestic:                      Head Count
  Forward Contract                 36,854
  Formula                         119,544
  Negotiated                      248,315
  Negotiated Grid                  29,369

Imported:
  Forward Contract                    448
  Formula                           1,210
  Negotiated                        2,216
  Negotiated Grid                   3,549

Total Slaughtered Head Count:     441,505

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
              6,527                              1,314,648

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Sep '08/Feb                               259
Sep '08/Apr
Sep '08/Jun
Sep '08/Aug                 134         1,606          $0.00    $0.00    $0.00
Sep '08/Oct                 288         6,731         ($7.55)  ($7.55)  ($7.55)
Sep '08/Dec                               296
Total Sep Deliveries        422       281,908
Last Yr Sep Deliveries                188,993

Oct '08/Feb
Oct '08/Apr
Oct '08/Jun
Oct '08/Aug                               197
Oct '08/Oct                           321,936
Oct '08/Dec
Total Oct Deliveries                  322,318
Last Yr Oct Deliveries                194,205

Nov '08/Feb
Nov '08/Apr
Nov '08/Jun
Nov '08/Aug                 111           518         ($5.65)  ($5.65)  ($5.65)
Nov '08/Oct                 221           221         ($2.00)  ($2.00)  ($2.00)
Nov '08/Dec                            16,309
Total Nov Deliveries        332       192,629
Last Yr Nov Deliveries                165,200

Dec '08/Feb
Dec '08/Apr
Dec '08/Jun
Dec '08/Aug                               982
Dec '08/Oct
Dec '08/Dec                 352       184,138         ($6.36)  ($9.40)  ($6.00)
Total Dec Deliveries        352       186,622
Last Yr Dec Deliveries                227,566

Jan '09/Feb               3,064        22,702         ($4.02) ($10.00)  ($3.00)
Jan '09/Apr
Jan '09/Jun
Jan '09/Aug                               222
Jan '09/Oct
Jan '09/Dec
Total Jan Deliveries      3,064       100,037
Last Yr Jan Deliveries                180,758

Feb '09/Feb               1,444        84,148         ($3.26)  ($6.02)  ($1.50)
Feb '09/Apr
Feb '09/Jun
Feb '09/Aug                               333
Feb '09/Oct
Feb '09/Dec
Total Feb Deliveries      1,444        85,041
Last Yr Feb Deliveries                225,389

Mar '09/Feb
Mar '09/Apr                 132         6,660         ($2.00)  ($2.00)  ($2.00)
Mar '09/Jun
Mar '09/Aug                               296
Mar '09/Oct
Mar '09/Dec                                84
Total Mar Deliveries        132        42,203
Last Yr Mar Deliveries                239,279

Apr '09/Feb
Apr '09/Apr                 680        51,795         ($4.68)  ($6.04)  ($1.00)
Apr '09/Jun
Apr '09/Aug                               296
Apr '09/Oct
Apr '09/Dec
Total Apr Deliveries        680        52,432
Last Yr Apr Deliveries                384,736

May '09/Feb
May '09/Apr
May '09/Jun                             2,063
May '09/Aug                               317
May '09/Oct
May '09/Dec
Total May Deliveries                   24,634
Last Yr May Deliveries                366,176

Jun '09/Feb
Jun '09/Apr
Jun '09/Jun                  35         8,821         ($5.60)  ($5.60)  ($5.60)
Jun '09/Aug                               444
Jun '09/Oct
Jun '09/Dec
Total Jun Deliveries         35         9,396
Last Yr Jun Deliveries                241,483

Jul '09/Feb
Jul '09/Apr
Jul '09/Jun
Jul '09/Aug                  66         5,615         ($3.50)  ($3.50)  ($3.50)
Jul '09/Oct
Jul '09/Dec
Total Jul Deliveries         66         5,763
Last Yr Jul Deliveries                202,693

Aug '09/Feb
Aug '09/Apr
Aug '09/Jun
Aug '09/Aug                             5,592
Aug '09/Oct
Aug '09/Dec
Total Aug Deliveries                    5,666
Last Yr Aug Deliveries                198,378

Sep '09/Feb
Sep '09/Apr
Sep '09/Jun
Sep '09/Aug                               148
Sep '09/Oct                             2,157
Sep '09/Dec
Total Sep Deliveries                    3,801
Last Yr Sep Deliveries                281,908

Oct '09/Feb
Oct '09/Apr
Oct '09/Jun
Oct '09/Aug
Oct '09/Oct                             2,198
Oct '09/Dec
Total Oct Deliveries                    2,198
Last Yr Oct Deliveries                322,318

Nov '09/Feb
Nov '09/Apr
Nov '09/Jun
Nov '09/Aug
Nov '09/Oct
Nov '09/Dec
Total Nov Deliveries
Last Yr Nov Deliveries                192,629

Dec '09/Feb
Dec '09/Apr
Dec '09/Jun
Dec '09/Aug
Dec '09/Oct
Dec '09/Dec
Total Dec Deliveries
Last Yr Dec Deliveries                186,622

Source:    USDA Market News Service, St. Joseph, MO

---

STAT News Service