IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Fri Aug 23, 10:54AM CDT
LM_CT136
St Joseph, MO    Fri Aug 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:       5,373            Week ago:      696          Year ago:      710
Week to Date:   14,121            Week ago:    8,336          Year ago:   24,454

NEGOTIATED GRID BASE:
Confirmed:         679            Week ago:                   Year ago:      293
Week to Date:    2,462            Week ago:    1,302          Year ago:    5,612


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       271     64.0   1,350-1,450  1,435.6  109.00-109.00  109.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      271     64.0   1,350-1,450  1,435.6  109.00-109.00  109.00
STEERS: LIVE DELIVERED
Over 80% Choice        40     63.3   1,375-1,375  1,375.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       40     63.3   1,375-1,375  1,375.0  110.00-110.00  110.00
STEERS: DRESSED DELIVERED
Over 80% Choice     2,204     63.8     775-1,009    929.9  174.00-178.00  175.54
65 - 80% Choice        39     64.0     944-944      944.0  176.00-176.00  176.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,243     63.8     775-1,009    930.2  174.00-178.00  175.55
STEERS: DRESSED FOB
Over 80% Choice       261     63.8     921-960      946.6  175.00-175.00  175.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      261     63.8     921-960      946.6  175.00-175.00  175.00
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: LIVE DELIVERED
Over 80% Choice       480     64.3   1,200-1,200  1,200.0  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      480     64.3   1,200-1,200  1,200.0  111.00-111.00  111.00
HEIFERS: DRESSED DELIVERED
Over 80% Choice     1,149     63.5     786-832      808.1  174.00-176.00  175.70
65 - 80% Choice       160     63.7     780-780      780.3  175.00-175.00  175.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,309     63.5     780-832      804.7  174.00-176.00  175.61
HEIFERS: DRESSED FOB
Over 80% Choice        25     63.5     826-826      826.0  175.00-175.00  175.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       25     63.5     826-826      826.0  175.00-175.00  175.00
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice        71     63.0   1,300-1,300  1,300.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       71     63.0   1,300-1,300  1,300.0  110.00-110.00  110.00
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       194     62.8     868-886      875.8  174.00-178.00  176.27
65 - 80% Choice       374     62.9     791-866      850.7  174.00-178.00  176.89
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      568     62.8     791-886      859.3  174.00-178.00  176.68
MIXED STEER/HEIFERS: DRESSED FOB
Over 80% Choice        35     64.0     928-928      928.0  174.00-174.00  174.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       35     64.0     928-928      928.0  174.00-174.00  174.00
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB              342     63.8   1,300-1,450  1,407.5  109.00-110.00  109.21

LIVE DELIVERED        520     64.2   1,200-1,375  1,213.5  110.00-111.00  110.92

DRESSED DELIVERED   4,120     63.6     775-1,009    880.5  174.00-178.00  175.72

DRESSED FOB           321     63.8     826-960      935.1  174.00-175.00  174.89
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        30     58.5     775-775      775.1  143.00-143.00  143.00
35 - 65% Choice        40     59.5     803-803      803.3  143.00-143.00  143.00
 0 - 35% Choice                           -                      -
Total all grades       70     59.1     775-803      791.2  143.00-143.00  143.00
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        76     63.8     876-876      876.6  174.00-174.00  174.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       76     63.8     876-876      876.6  174.00-174.00  174.00
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       603     64.5     693-914      887.2  174.00-178.00  175.33
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      603     64.5     693-914      887.2  174.00-178.00  175.33
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     679     64.4     693-914      886.0  174.00-178.00  175.18
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
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