IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Thu May 16, 11:07AM CDT
LM_CT136
St Joseph, MO    Thu May 16, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

Domestic source only. Live sales based on net weights FOB the feedlot after a
3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed:       4,165            Week ago:    1,092          Year ago:    2,022
Week to Date:   12,640            Week ago:   25,354          Year ago:   20,894

NEGOTIATED GRID BASE:
Confirmed:         390            Week ago:      307          Year ago:      188
Week to Date:    1,416            Week ago:    2,185          Year ago:    1,982


NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice      615     62.7   1,325-1,400  1,355.0  116.00-118.00  116.96
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     615     62.7   1,325-1,400  1,355.0  116.00-118.00  116.96
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,163     63.5     765-958      900.2  185.00-186.00  185.85
 65 - 80% Choice      363     62.5     812-843      832.1  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,526     63.2     765-958      884.0  185.00-186.00  185.65
HEIFER - LIVE - FOB
 Over 80% Choice       80     63.0   1,250-1,250  1,250.0  118.00-118.00  118.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.0   1,250-1,250  1,250.0  118.00-118.00  118.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      190     63.1     787-806      796.2  185.00-186.00  185.53
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     190     63.1     787-806      796.2  185.00-186.00  185.53
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      700     63.1   1,250-1,400  1,314.9  115.00-119.00  117.05
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     700     63.1   1,250-1,400  1,314.9  115.00-119.00  117.05
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      199     63.2     803-920      837.5  185.00-186.00  185.80
 65 - 80% Choice      215     62.5     765-803      772.6  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     414     62.8     765-920      803.8  185.00-186.00  185.38
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,395     62.9   1,250-1,400  1,328.9  115.00-119.00  117.06
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,130     63.2     765-958      860.5  185.00-186.00  185.59
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice      200     63.9     882-919      907.4  186.00-188.00  186.40
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     200     63.9     882-919      907.4  186.00-188.00  186.40
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice       47     60.0     732-732      732.0  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades      47     60.0     732-732      732.0  186.00-186.00  186.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       68     62.8     828-882      858.2  188.00-192.00  190.24
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      68     62.8     828-882      858.2  188.00-192.00  190.24
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     315     63.1     732-919      870.6  186.00-192.00  187.17
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       35     60.0     870-870      870.0  158.00-158.00  158.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     60.0     870-870      870.0  158.00-158.00  158.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
         816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
         www.ams.usda.gov/market-news/livestock-poultry-grain
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