IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Fri Jul 13, 10:55AM CDT
LM_CT137
St Joseph, MO    Fri Jul 13, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 07/12/2018

Thursday saw trading inactive on very light demand. Not enough trades for a market
trend. Last week live cash trades moved mostly at 112.00 and dressed cash trades
ranged from 175.00-180.00.


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:         291            Week ago:      385          Year ago:   18,959
Week to Date:    3,845            Week ago:    1,215          Year ago:   25,387

NEGOTIATED GRID BASE:
Confirmed:         400            Week ago:      413          Year ago:    2,013
Week to Date:    2,617            Week ago:    1,437          Year ago:    3,697


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                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
STEER - LIVE - DELIVERED
 Over 80% Choice       41     63.0   1,375-1,375  1,375.0  109.00-109.00  109.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      41     63.0   1,375-1,375  1,375.0  109.00-109.00  109.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      107     63.9     896-908      900.1  173.00-173.00  173.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     107     63.9     896-908      900.1  173.00-173.00  173.00
STEER - DRESSED - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
HEIFER - LIVE - FOB
 Over 80% Choice       86     63.6   1,250-1,350  1,303.5  110.00-110.00  110.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      86     63.6   1,250-1,350  1,303.5  110.00-110.00  110.00
HEIFER - LIVE - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
HEIFER - DRESSED - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       45     63.0   1,300-1,300  1,300.0  108.00-108.00  108.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      45     63.0   1,300-1,300  1,300.0  108.00-108.00  108.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     131     63.4   1,250-1,350  1,302.3  108.00-110.00  109.31
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     107     63.9     896-908      900.1  173.00-173.00  173.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER/COW - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -

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
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
STEER - DRESSED - DELIVERED
 Over 80% Choice      265     62.6     843-850      844.2  173.00-174.00  173.17
 65 - 80% Choice       11     62.0     780-780      780.0  170.00-170.00  170.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     276     62.6     780-850      841.6  170.00-174.00  173.04
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       61     62.2     732-882      823.5  170.00-174.00  172.95
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      61     62.2     732-882      823.5  170.00-174.00  172.95
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     337     62.5     732-882      838.4  170.00-174.00  173.03
DAIRYBRED STEER/HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       63     58.0     800-800      800.0  144.00-146.00  145.02
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      63     58.0     800-800      800.0  144.00-146.00  145.02
MIXED STEER/HEIFER/COW - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades                         -                      -

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer
 Live    Heifer                    166        1,253.60          110.00
 Dressed Steer                   1,686          880.10          174.74
 Dressed Heifer                    381          781.10          174.35

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     562        1,424.80          110.00
 Live    Heifer                    198        1,280.30          110.00
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   9,457        1,426.30          119.78
 Live    Heifer                  3,103        1,275.40          119.77
 Dressed Steer                   5,365          899.60          190.03
 Dressed Heifer                  2,064          858.40          189.86

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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