IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Thu Nov 08, 2018    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:       1,201            Week ago:    4,307          Year ago:    3,538
Week to Date:    8,397            Week ago:    8,088          Year ago:   14,399

NEGOTIATED GRID BASE:
Confirmed:         240            Week ago:      887          Year ago:      508
Week to Date:    2,343            Week ago:    1,910          Year ago:    3,248


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
 No Reportable Trade. 
STEER - DRESSED - DELIVERED
 Over 80% Choice      585     64.4     919-967      940.9  180.00-180.00  180.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     585     64.4     919-967      940.9  180.00-180.00  180.00
HEIFER - LIVE - FOB
 Over 80% Choice      160     63.7   1,375-1,375  1,375.0  111.50-111.50  111.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     160     63.7   1,375-1,375  1,375.0  111.50-111.50  111.50
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       55     64.5     903-903      903.0  180.00-180.00  180.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      55     64.5     903-903      903.0  180.00-180.00  180.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      274     63.3     838-869      859.7  178.00-180.00  178.61
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     274     63.3     838-869      859.7  178.00-180.00  178.61
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     160     63.7   1,375-1,375  1,375.0  111.50-111.50  111.50
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     914     64.1     838-967      914.3  178.00-180.00  179.58
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     59.0     840-840      840.7  150.00-150.00  150.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     59.0     840-840      840.7  150.00-150.00  150.00
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       70     63.5     889-889      889.0  182.00-182.00  182.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      70     63.5     889-889      889.0  182.00-182.00  182.00
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     64.5     838-838      838.5  180.00-180.00  180.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     64.5     838-838      838.5  180.00-180.00  180.00
MIXED STEER/HEIFER 
 No Reportable Trade. 
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     150     64.0     838-889      862.1  180.00-182.00  180.93
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       90     59.0     885-885      885.0  144.00-144.00  144.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     59.0     885-885      885.0  144.00-144.00  144.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 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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