IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Mon Dec 02, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 11/29/2019

On Friday negotiated cash trading was inactive on light demand. Not enough
trades for a market trend. On Wednesday live cash trades moved 117.00 to 118
.00 and dressed cash trades at 187.00, with a very light test noted of both
live and dressed trades.

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:       4,542            Week ago:    8,898          Year ago:   17,125
Week to Date:   13,133            Week ago:   32,218          Year ago:   34,944

NEGOTIATED GRID BASE:
Confirmed:         254            Week ago:      493          Year ago:      817
Week to Date:    1,232            Week ago:    3,176          Year ago:    3,017


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
STEERS: LIVE FOB
Over 80% Choice     1,586     63.0   1,275-1,575  1,519.1  116.50-119.00  117.97
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,586     63.0   1,275-1,575  1,519.1  116.50-119.00  117.97
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       531     63.9     931-992      979.2  187.00-188.00  187.14
65 - 80% Choice        70     64.4     982-982      982.1  187.00-187.00  187.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      601     63.9     931-992      979.5  187.00-188.00  187.13
STEERS: DRESSED FOB
Over 80% Choice       258     63.7     960-968      965.6  187.00-187.00  187.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      258     63.7     960-968      965.6  187.00-187.00  187.00
HEIFERS: LIVE FOB
Over 80% Choice       624     62.8   1,250-1,325  1,302.4  116.00-118.00  117.20
65 - 80% Choice       200     63.8   1,285-1,285  1,285.0  118.50-118.50  118.50
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      824     63.1   1,250-1,325  1,298.2  116.00-118.50  117.51
HEIFERS: LIVE DELIVERED
Over 80% Choice       400     63.3   1,200-1,200  1,200.0  119.00-119.00  119.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      400     63.3   1,200-1,200  1,200.0  119.00-119.00  119.00
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       461     63.0   1,325-1,450  1,412.1  114.00-118.50  117.14
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      461     63.0   1,325-1,450  1,412.1  114.00-118.50  117.14
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        80     63.3   1,425-1,425  1,425.0  118.25-118.25  118.25
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       80     63.3   1,425-1,425  1,425.0  118.25-118.25  118.25
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       109     62.4     799-853      826.5  187.00-187.00  187.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      109     62.4     799-853      826.5  187.00-187.00  187.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            2,871     63.0   1,250-1,575  1,438.5  114.00-119.00  117.71

LIVE DELIVERED        480     63.3   1,200-1,425  1,237.5  118.25-119.00  118.88

DRESSED DELIVERED     710     63.7     799-992      956.1  187.00-188.00  187.11

DRESSED FOB           258     63.7     960-968      965.6  187.00-187.00  187.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       223     59.0     811-840      816.5  152.00-154.00  153.64
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      223     59.0     811-840      816.5  152.00-154.00  153.64
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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
STEERS: LIVE FOB
No Reportable Trade.
STEERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       188     62.2     793-875      834.9  182.00-188.00  186.14
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      188     62.2     793-875      834.9  182.00-188.00  186.14
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     188     62.2     793-875      834.9  182.00-188.00  186.14
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        66     58.0     800-800      800.0  150.00-150.00  150.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       66     58.0     800-800      800.0  150.00-150.00  150.00
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   4,837        1,528.70          117.52
 Live    Heifer                  1,623        1,343.00          117.50
 Dressed Steer                   3,118          956.70          186.58
 Dressed Heifer                    962          826.20          186.88

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                  14,241        1,528.10          115.90
 Live    Heifer                  3,632        1,366.50          115.83
 Dressed Steer                   4,846          972.10          183.44
 Dressed Heifer                  2,060          836.40          183.67

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                  11,168        1,498.80          115.04
 Live    Heifer                  4,916        1,360.00          115.02
 Dressed Steer                   7,320          954.00          183.20
 Dressed Heifer                  2,238          852.90          182.70

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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