IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Wed Jun 12, 10:52AM CDT
LM_CT136
St Joseph, MO    Wed Jun 12, 2019    USDA Market News Service

**June 25th purchase categories will be expanded to include steer, heifer, and 
  mixed steer/heifer classes; FOB & delivered shipment; live & dressed basis**  


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:       1,789            Week ago:    2,421          Year ago:    6,603
Week to Date:    1,994            Week ago:   10,752          Year ago:    8,189

NEGOTIATED GRID BASE:
Confirmed:          57            Week ago:       40          Year ago:      453
Week to Date:      917            Week ago:    1,088          Year ago:    1,457


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
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice      380     62.0     868-868      868.0  186.00-186.00  186.00
 65 - 80% Choice      716     62.0     868-868      868.0  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,096     62.0     868-868      868.0  186.00-186.00  186.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      235     62.0     806-806      806.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     235     62.0     806-806      806.0  186.00-186.00  186.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      446     62.0     837-837      837.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     446     62.0     837-837      837.0  186.00-186.00  186.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,777     62.0     806-868      852.0  186.00-186.00  186.00
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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     63.5     826-826      826.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     826-826      826.0  186.00-186.00  186.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      40     63.5     826-826      826.0  186.00-186.00  186.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       17     58.0     800-800      800.0  150.00-150.00  150.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      17     58.0     800-800      800.0  150.00-150.00  150.00
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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