IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Mon Apr 15, 11:10AM CDT
LM_CT137
St Joseph, MO    Mon Apr 15, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 04/12/2019

On Friday, negotiated cash trade was moderate on moderate demand. Compared to
last week, liver purchases traded steady to 2.00 higher from 127.00-130.00.
Dressed purchases traded steady from 204.00-206.00.

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:      11,778            Week ago:   10,003          Year ago:   15,340
Week to Date:   16,811            Week ago:   21,406          Year ago:   18,860

NEGOTIATED GRID BASE:
Confirmed:         259            Week ago:    1,840          Year ago:      781
Week to Date:    1,250            Week ago:    3,960          Year ago:    1,495


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    3,852     63.5   1,350-1,585  1,487.3  127.00-130.00  128.66
 65 - 80% Choice      195     62.4   1,335-1,450  1,379.2  126.00-128.00  127.23
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   4,047     63.5   1,335-1,585  1,482.1  126.00-130.00  128.59
STEER - LIVE - DELIVERED
 Over 80% Choice      100     63.1   1,300-1,500  1,382.0  128.00-130.00  129.02
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     100     63.1   1,300-1,500  1,382.0  128.00-130.00  129.02
STEER - DRESSED - DELIVERED
 Over 80% Choice    2,675     63.5     838-982      929.9  204.00-206.00  204.89
 65 - 80% Choice      624     63.0     855-976      927.1  205.00-205.00  205.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   3,299     63.4     838-982      929.3  204.00-206.00  204.91
STEER - DRESSED - FOB
 Over 80% Choice      109     63.5     857-945      886.9  204.00-205.00  204.31
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     109     63.5     857-945      886.9  204.00-205.00  204.31
HEIFER - LIVE - FOB
 Over 80% Choice    1,011     62.6   1,220-1,465  1,331.0  126.00-130.00  127.61
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,011     62.6   1,220-1,465  1,331.0  126.00-130.00  127.61
HEIFER - LIVE - DELIVERED
 Over 80% Choice      322     63.1   1,200-1,325  1,244.6  128.00-130.00  128.44
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     322     63.1   1,200-1,325  1,244.6  128.00-130.00  128.44
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,275     63.1     750-835      806.6  204.00-206.00  205.02
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,275     63.1     750-835      806.6  204.00-206.00  205.02
HEIFER - DRESSED - FOB
 Over 80% Choice       80     63.0     882-882      882.0  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.0     882-882      882.0  204.00-204.00  204.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      688     62.8   1,250-1,475  1,336.4  126.00-130.00  127.68
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     688     62.8   1,250-1,475  1,336.4  126.00-130.00  127.68
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      421     63.0     777-889      841.2  203.00-205.00  204.37
 65 - 80% Choice       80     63.0     819-819      819.0  204.00-204.00  204.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     501     63.0     777-889      837.7  203.00-205.00  204.31
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   5,746     63.2   1,220-1,585  1,438.1  126.00-130.00  128.31
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,075     63.3     750-982      889.4  203.00-206.00  204.88
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      180     59.0     796-811      799.8  175.00-175.00  175.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     180     59.0     796-811      799.8  175.00-175.00  175.00
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       18     62.7     878-878      878.5  205.00-205.00  205.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      18     62.7     878-878      878.5  205.00-205.00  205.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     62.0     775-775      775.0  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       47     62.0     682-682      682.0  205.00-205.00  205.00
  0 - 35% Choice                          -                      -
 Total all grades      77     62.0     682-775      718.2  204.00-205.00  204.61
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.0     806-806      806.0  204.00-204.00  204.00
 65 - 80% Choice       11     62.0     775-775      775.0  205.00-205.00  205.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      51     62.0     775-806      799.3  204.00-205.00  204.22
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     146     62.1     682-878      766.3  204.00-205.00  204.52
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      102     59.9     870-881      877.4  153.00-158.00  154.72
 65 - 80% Choice       11     58.0     800-800      800.0  150.00-150.00  150.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     113     59.7     800-881      869.9  150.00-158.00  154.26
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   5,783        1,462.60          128.40
 Live    Heifer                  1,173        1,322.40          127.72
 Dressed Steer                   3,684          924.90          204.84
 Dressed Heifer                  1,996          799.10          204.65

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,596        1,490.80          127.58
 Live    Heifer                  1,970        1,311.70          127.66
 Dressed Steer                   5,506          938.20          204.40
 Dressed Heifer                  1,403          825.80          204.64

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   7,618        1,429.70          120.30
 Live    Heifer                  2,015        1,248.00          120.01
 Dressed Steer                   3,649          901.30          190.07
 Dressed Heifer                  1,271          793.60          189.26

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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