IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Wed Jan 23, 3:03PM CST
LM_CT136
St Joseph, MO    Wed Jan 23, 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:       1,149            Week ago:       75          Year ago:
Week to Date:    1,771            Week ago:      531          Year ago:      241

NEGOTIATED GRID BASE:
Confirmed:         185            Week ago:       79          Year ago:      148
Week to Date:    4,081            Week ago:      566          Year ago:      610


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      577     63.6   1,375-1,550  1,463.4  125.00-125.00  125.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     577     63.6   1,375-1,550  1,463.4  125.00-125.00  125.00
STEER - DRESSED - DELIVERED
 No Reportable Trade. 
HEIFER - LIVE - FOB
 Over 80% Choice       81     63.2   1,250-1,250  1,250.0  123.00-125.00  123.94
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      81     63.2   1,250-1,250  1,250.0  123.00-125.00  123.94
HEIFER - DRESSED - DELIVERED
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      491     63.1   1,325-1,450  1,401.2  122.00-125.00  122.62
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     491     63.1   1,325-1,450  1,401.2  122.00-125.00  122.62
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade. 
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,149     63.3   1,250-1,550  1,421.8  122.00-125.00  123.91
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
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       75     63.5     825-825      825.0  197.00-197.00  197.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      75     63.5     825-825      825.0  197.00-197.00  197.00
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     63.5     857-857      857.0  197.00-197.00  197.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.5     857-857      857.0  197.00-197.00  197.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     62.5     906-906      906.3  196.00-196.00  196.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      30     62.5     906-906      906.3  196.00-196.00  196.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     185     63.3     825-906      852.0  196.00-197.00  196.84
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.  
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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