IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Wed May 15, 11:10AM CDT
LM_CT136
St Joseph, MO    Wed May 15, 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:       3,129            Week ago:    5,815          Year ago:    4,440
Week to Date:    6,022            Week ago:   18,561          Year ago:   17,565

NEGOTIATED GRID BASE:
Confirmed:          40            Week ago:      366          Year ago:      170
Week to Date:      738            Week ago:    1,362          Year ago:    1,218


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      999     63.6   1,400-1,450  1,415.0  116.00-118.00  117.68
 65 - 80% Choice    1,560     63.3   1,325-1,525  1,364.2  116.00-119.00  116.14
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,559     63.4   1,325-1,525  1,384.1  116.00-119.00  116.74
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       38     63.2     853-853      853.9  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.2     853-853      853.9  185.00-185.00  185.00
HEIFER - LIVE - FOB
 Over 80% Choice       70     65.0   1,475-1,475  1,475.0  118.00-118.00  118.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      70     65.0   1,475-1,475  1,475.0  118.00-118.00  118.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      240     62.7     759-771      767.5  186.00-187.00  186.67
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     240     62.7     759-771      767.5  186.00-187.00  186.67
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      170     62.5   1,200-1,200  1,200.0  116.00-116.00  116.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     170     62.5   1,200-1,200  1,200.0  116.00-116.00  116.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
  No Reportable Trade.  
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,799     63.4   1,200-1,525  1,375.2  116.00-119.00  116.73
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     278     62.7     759-853      779.3  185.00-187.00  186.44
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     62.5     781-781      781.3  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     62.5     781-781      781.3  188.00-188.00  188.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      40     62.5     781-781      781.3  188.00-188.00  188.00
DAIRYBRED STEER/HEIFER -  
  No Reportable Trade.  
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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