IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Thu Jul 11, 10:48AM CDT
LM_CT136
St Joseph, MO    Thu Jul 11, 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:       9,308            Week ago:                   Year ago:      205
Week to Date:    9,641            Week ago:   10,796          Year ago:    3,759

NEGOTIATED GRID BASE:
Confirmed:         615            Week ago:                   Year ago:      375
Week to Date:    1,341            Week ago:      706          Year ago:    2,592


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
STEERS: LIVE FOB
Over 80% Choice     3,802     63.3   1,300-1,525  1,421.0  113.00-116.50  114.66
65 - 80% Choice       190     63.7   1,485-1,485  1,485.0  112.50-112.50  112.50
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    3,992     63.3   1,300-1,525  1,424.0  112.50-116.50  114.55
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       709     62.6     819-984      883.8  180.00-185.00  183.37
65 - 80% Choice       298     63.0     882-882      882.0  182.00-185.00  183.47
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,007     62.7     819-984      883.3  180.00-185.00  183.40
STEERS: DRESSED FOB
No Reportable Trade.
HEIFERS: LIVE FOB
Over 80% Choice       948     63.2   1,180-1,300  1,240.1  112.00-115.00  113.68
65 - 80% Choice       330     62.5   1,170-1,170  1,170.0  114.00-114.00  114.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,278     63.0   1,170-1,300  1,222.0  112.00-115.00  113.76
HEIFERS: LIVE DELIVERED
Over 80% Choice       152     63.2   1,175-1,175  1,175.0  116.00-116.00  116.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      152     63.2   1,175-1,175  1,175.0  116.00-116.00  116.00
HEIFERS: DRESSED DELIVERED
Over 80% Choice       905     62.8     734-889      812.6  180.00-185.00  183.10
65 - 80% Choice       393     63.1     757-834      807.6  182.00-185.00  182.34
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,298     62.9     734-889      811.1  180.00-185.00  182.87
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice     1,153     63.7   1,255-1,375  1,337.6  113.00-115.00  114.72
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,153     63.7   1,255-1,375  1,337.6  113.00-115.00  114.72
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       428     63.3     793-868      828.9  182.00-185.00  182.97
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      428     63.3     793-868      828.9  182.00-185.00  182.97
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            6,423     63.3   1,170-1,525  1,368.3  112.00-116.50  114.43

LIVE DELIVERED        152     63.2   1,175-1,175  1,175.0  116.00-116.00  116.00

DRESSED DELIVERED   2,733     62.9     734-984      840.5  180.00-185.00  183.08

DRESSED FOB                               -                      -
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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
STEERS: LIVE FOB
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       118     62.8     841-906      884.0  182.00-184.00  183.32
65 - 80% Choice       178     64.0     896-896      896.0  182.00-182.00  182.00
35 - 65% Choice        76     62.4     907-924      920.3  172.00-178.00  173.58
 0 - 35% Choice                           -                      -
Total all grades      372     63.3     841-924      897.1  172.00-184.00  180.70
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       243     63.3     749-882      829.8  179.00-185.00  182.17
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      243     63.3     749-882      829.8  179.00-185.00  182.17
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     615     63.3     749-924      870.5  172.00-185.00  181.28
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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
1500C







.