IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Fri Sep 13, 10:52AM CDT
LM_CT136
St Joseph, MO    Fri Sep 13, 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:       2,078            Week ago:    2,868          Year ago:    6,036
Week to Date:   15,287            Week ago:   26,365          Year ago:   14,410

NEGOTIATED GRID BASE:
Confirmed:         175            Week ago:      616          Year ago:      209
Week to Date:    1,969            Week ago:    2,822          Year ago:    4,150


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       813     63.0   1,415-1,450  1,440.6  100.00-102.00  101.56
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      813     63.0   1,415-1,450  1,440.6  100.00-102.00  101.56
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       310     62.6     902-966      918.6  157.00-160.00  158.06
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      310     62.6     902-966      918.6  157.00-160.00  158.06
STEERS: DRESSED FOB
Over 80% Choice       175     64.0     928-928      928.0  158.00-158.00  158.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      175     64.0     928-928      928.0  158.00-158.00  158.00
HEIFERS: LIVE FOB
Over 80% Choice       237     63.0   1,260-1,350  1,335.9  100.00-102.00  101.69
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      237     63.0   1,260-1,350  1,335.9  100.00-102.00  101.69
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       120     63.7     832-835      834.0  160.00-160.00  160.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      120     63.7     832-835      834.0  160.00-160.00  160.00
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       180     63.0   1,300-1,300  1,300.0  102.00-102.00  102.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      180     63.0   1,300-1,300  1,300.0  102.00-102.00  102.00
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        20     61.0   1,375-1,375  1,375.0  101.00-101.00  101.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       20     61.0   1,375-1,375  1,375.0  101.00-101.00  101.00
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       223     63.0     756-850      809.2  160.00-160.00  160.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      223     63.0     756-850      809.2  160.00-160.00  160.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            1,230     63.0   1,260-1,450  1,399.8  100.00-102.00  101.65

LIVE DELIVERED         20     61.0   1,375-1,375  1,375.0  101.00-101.00  101.00

DRESSED DELIVERED     653     62.9     756-966      865.7  157.00-160.00  159.08

DRESSED FOB           175     64.0     928-928      928.0  158.00-158.00  158.00
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        40     63.5     920-920      920.0  162.00-162.00  162.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       40     63.5     920-920      920.0  162.00-162.00  162.00
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        96     63.3     825-890      836.4  158.00-158.00  158.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       96     63.3     825-890      836.4  158.00-158.00  158.00
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     136     63.4     825-920      861.0  158.00-162.00  159.18
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        39     58.0     800-800      800.0  143.00-143.00  143.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       39     58.0     800-800      800.0  143.00-143.00  143.00
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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