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Weighted Average Direct Slaughter Cattle Prices

ST JOSEPH - May 11/04 - SNS -- Weighted average sales values for cattle sold for slaughter in five key market areas in the United States were summarized by the USDA today.


5 AREA DAILY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE - NEGOTIATED
Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota feedlots
Recap for: Monday, 5/10/2004

Prices exclude discounts for cattle 30 months or older.  Some packers are
applying discounts of 0.00-41.00 per cwt to these type cattle.  A complete
list of Premiums and Discounts can be found on report LM_CT155, The National
Weekly Direct Slaughter Cattle - Premiums and Discounts or LM_CT169, The
5-Area Weekly Wtd Avg Direct Slaughter Cattle - Premiums and Discounts.

Head Count:      945     Week Ago:    7,208   Last Year:    15,642
Week to Date     945     Week Ago:    7,208   Last Year:    15,642

                              LIVE FOB BASIS - Beef Breeds
                     Head        Weight          Price      Avg      Avg
                     Count        Range          Range      Weight   Price

STEERS
 Over 80% Choice                   -               -
 65 - 80% Choice                   -               -
 35 - 65% Choice      204     1,200-1,200     90.50-90.50   1,200    90.50
  0 - 35% Choice                   -               -
 Total all grades     204     1,200-1,200     90.50-90.50   1,200    90.50
HEIFERS
 Over 80% Choice                   -               -
 65 - 80% Choice                   -               -
 35 - 65% Choice                   -               -
  0 - 35% Choice                   -               -
 Total all grades                  -               -

                          DRESSED DELIVERED BASIS - Beef Breeds
                     Head        Weight          Price      Avg      Avg
                     Count        Range          Range      Weight   Price

STEERS
 Over 80% Choice                   -               -
 65 - 80% Choice      178       787-787      145.00-145.00   787    145.00
 35 - 65% Choice                   -               -
  0 - 35% Choice                   -               -
 Total all grades     178       787-787      145.00-145.00   787    145.00
HEIFERS
 Over 80% Choice                   -               -
 65 - 80% Choice                   -               -
 35 - 65% Choice       89       699-699      144.00-144.00   699    144.00
  0 - 35% Choice                   -               -
 Total all grades      89       699-699      144.00-144.00   699    144.00

WEEKLY ACCUMULATED     Head Count   Avg Weight      Avg Price
Live    Steer            204          1,200           90.50
Live    Heifer
Dressed Steer            178           787            145.00
Dressed Heifer            89           699            144.00

SAME PERIOD LAST WEEK  Head Count   Avg Weight      Avg Price
Live    Steer            395          1,280           88.54
Live    Heifer          1,257         1,112           88.72
Dressed Steer            944           808            146.34
Dressed Heifer           852           737            145.98

SAME PERIOD LAST YEAR  Head Count   Avg Weight      Avg Price
Live    Steer           7,341         1,220           78.94
Live    Heifer          6,000         1,112           78.93
Dressed Steer            360           798            125.94
Dressed Heifer            80           691            125.56


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

---

STAT News Service


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