IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Thu Jan 10, 10:59AM CST
LM_CT137
St Joseph, MO    Thu Jan 10, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 01/09/2019

On Wednesday, trade was mostly inactive on light demand. Last week live
purchases traded mostly from 121.00-122.00 with dressed purchases from 194
.00-195.00.

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:         192            Week ago:       40          Year ago:    5,529
Week to Date:      262            Week ago:      110          Year ago:   14,629

NEGOTIATED GRID BASE:
Confirmed:         132            Week ago:       95          Year ago:      424
Week to Date:      675            Week ago:      197          Year ago:    1,524


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       76     63.5   1,450-1,450  1,450.0  122.00-122.00  122.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     63.5   1,450-1,450  1,450.0  122.00-122.00  122.00
STEER - LIVE - DELIVERED
 No Reportable Trade.                   
STEER - DRESSED - DELIVERED
 No Reportable Trade.                   
STEER - DRESSED - FOB
 No Reportable Trade.                   
HEIFER 
 No Reportable Trade.                   
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.                   
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      116     62.9     806-901      868.4  192.00-194.00  193.31
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     116     62.9     806-901      868.4  192.00-194.00  193.31
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      76     63.5   1,450-1,450  1,450.0  122.00-122.00  122.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     116     62.9     806-901      868.4  192.00-194.00  193.31
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 - LIVE - FOB
 No Reportable Trade.                   
STEER - DRESSED - DELIVERED
 Over 80% Choice       36     63.0     929-929      929.3  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      36     63.0     929-929      929.3  192.00-192.00  192.00
HEIFER - LIVE - FOB
 No Reportable Trade.                   
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       22     61.0     729-769      749.4  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      22     61.0     729-769      749.4  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.                   
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       33     60.7     772-786      781.1  190.00-190.00  190.00
 65 - 80% Choice       21     59.0     685-685      685.6  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      54     60.1     685-786      744.0  190.00-190.00  190.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     112     61.2     685-929      804.6  190.00-192.00  190.64
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.                   
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       20     60.0     817-817      817.8  148.00-148.00  148.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      20     60.0     817-817      817.8  148.00-148.00  148.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade.                   

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                      76        1,450.00          122.00
 Live    Heifer
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer
 Live    Heifer
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   4,496        1,509.60          120.49
 Live    Heifer                  1,258        1,328.70          120.07
 Dressed Steer                   2,937          940.40          192.47
 Dressed Heifer                  1,618          862.50          192.45

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
1130C







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