IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Fri Jan 11, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 01/10/2019

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

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:       1,233            Week ago:    5,585          Year ago:    3,726
Week to Date:    1,495            Week ago:    5,695          Year ago:   18,355

NEGOTIATED GRID BASE:
Confirmed:         192            Week ago:      605          Year ago:      342
Week to Date:      867            Week ago:      802          Year ago:    1,866


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      366     63.8   1,400-1,525  1,471.2  123.00-124.00  123.81
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     366     63.8   1,400-1,525  1,471.2  123.00-124.00  123.81
STEER - LIVE - DELIVERED
 Over 80% Choice      260     63.8   1,400-1,550  1,487.0  122.00-125.00  123.66
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     260     63.8   1,400-1,550  1,487.0  122.00-125.00  123.66
STEER - DRESSED - DELIVERED
 No Reportable Trade. 
STEER - DRESSED - FOB
 Over 80% Choice       37     63.8     940-940      940.3  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      37     63.8     940-940      940.3  195.00-195.00  195.00
HEIFER - LIVE - FOB
 Over 80% Choice       40     64.0   1,300-1,300  1,300.0  124.00-124.00  124.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     64.0   1,300-1,300  1,300.0  124.00-124.00  124.00
HEIFER - LIVE - DELIVERED
 Over 80% Choice      162     63.7   1,350-1,375  1,363.9  124.00-125.00  124.44
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     162     63.7   1,350-1,375  1,363.9  124.00-125.00  124.44
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       84     63.0     803-803      803.3  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      84     63.0     803-803      803.3  195.00-195.00  195.00
HEIFER - DRESSED - FOB
 Over 80% Choice       38     63.5     825-825      825.5  195.00-195.00  195.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.5     825-825      825.5  195.00-195.00  195.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      169     63.1     819-885      872.8  193.00-194.00  193.76
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     169     63.1     819-885      872.8  193.00-194.00  193.76
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     406     63.8   1,300-1,525  1,454.4  123.00-124.00  123.83
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     253     63.1     803-885      849.7  193.00-195.00  194.17
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       40     63.5     889-889      889.0  197.00-197.00  197.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     889-889      889.0  197.00-197.00  197.00
HEIFER 
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       71     61.8     762-875      819.5  190.00-196.00  193.04
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      71     61.8     762-875      819.5  190.00-196.00  193.04
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     111     62.4     762-889      844.6  190.00-197.00  194.47
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       69     59.0     781-855      828.8  148.00-148.00  148.00
 65 - 80% Choice       12     58.0     800-800      800.0  142.00-142.00  142.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      81     58.9     781-855      824.5  142.00-148.00  147.11
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     442        1,467.60          123.50
 Live    Heifer                     40        1,300.00          124.00
 Dressed Steer
 Dressed Heifer                     84          803.30          195.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   2,843        1,524.60          122.22
 Live    Heifer                    537        1,289.90          122.14
 Dressed Steer                   1,026          959.80          193.59
 Dressed Heifer                     40          793.00          195.00

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,222        1,506.20          120.45
 Live    Heifer                  1,835        1,334.10          120.71
 Dressed Steer                   3,910          931.30          191.97
 Dressed Heifer                  2,028          853.70          192.40

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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