IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Fri Jul 12, 2019    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:      11,810            Week ago:      795          Year ago:      339
Week to Date:   35,364            Week ago:   20,471          Year ago:    4,184

NEGOTIATED GRID BASE:
Confirmed:         680            Week ago:       80          Year ago:      300
Week to Date:    3,326            Week ago:    1,839          Year ago:    2,917


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     1,756     63.1   1,375-1,450  1,431.1  113.50-116.25  114.63
65 - 80% Choice     1,383     63.1   1,410-1,465  1,444.5  113.50-115.00  114.10
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    3,139     63.1   1,375-1,465  1,437.0  113.50-116.25  114.40
STEERS: LIVE DELIVERED
Over 80% Choice       360     63.2   1,350-1,350  1,350.0  116.00-116.50  116.06
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      360     63.2   1,350-1,350  1,350.0  116.00-116.50  116.06
STEERS: DRESSED DELIVERED
Over 80% Choice     2,053     63.1     822-977      903.3  180.00-185.00  182.16
65 - 80% Choice       300     62.7     869-869      869.1  182.00-182.00  182.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,353     63.0     822-977      898.9  180.00-185.00  182.14
STEERS: DRESSED FOB
Over 80% Choice     1,692     64.0     832-896      861.5  182.00-182.00  182.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,692     64.0     832-896      861.5  182.00-182.00  182.00
HEIFERS: LIVE FOB
Over 80% Choice     1,675     62.9   1,250-1,400  1,327.4  113.50-116.00  114.33
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,675     62.9   1,250-1,400  1,327.4  113.50-116.00  114.33
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       811     62.4     760-793      785.0  182.00-185.00  184.17
65 - 80% Choice       313     62.5     765-765      765.6  180.00-180.00  180.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,124     62.5     760-793      779.6  180.00-185.00  183.01
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       300     63.1   1,250-1,450  1,316.0  114.00-115.00  114.47
65 - 80% Choice       340     63.3   1,360-1,360  1,360.0  115.00-115.00  115.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      640     63.2   1,250-1,450  1,339.4  114.00-115.00  114.75
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        23     63.7   1,300-1,350  1,326.1  114.00-117.00  115.43
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       23     63.7   1,300-1,350  1,326.1  114.00-117.00  115.43
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       680     62.9     806-914      831.4  181.00-185.00  183.16
65 - 80% Choice        84     62.5     819-868      844.7  181.00-182.00  181.48
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      764     62.8     806-914      832.9  181.00-185.00  182.97
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            5,454     63.1   1,250-1,465  1,391.9  113.50-116.25  114.42

LIVE DELIVERED        383     63.3   1,300-1,350  1,348.6  114.00-117.00  116.02

DRESSED DELIVERED   4,241     62.8     760-977      855.4  180.00-185.00  182.52

DRESSED FOB         1,692     64.0     832-896      861.5  182.00-182.00  182.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        40     58.9     765-765      765.7  152.00-152.00  152.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       40     58.9     765-765      765.7  152.00-152.00  152.00
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
Over 80% Choice       329     62.8     896-936      926.3  182.00-183.00  182.76
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      329     62.8     896-936      926.3  182.00-183.00  182.76
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        38     61.0     854-854      854.0  180.00-180.00  180.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       38     61.0     854-854      854.0  180.00-180.00  180.00
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       154     63.1     806-857      845.1  182.00-184.00  183.53
65 - 80% Choice       124     62.2     814-890      866.1  180.00-183.00  182.03
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      278     62.7     806-890      854.5  180.00-184.00  182.86
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     645     62.7     806-936      891.1  180.00-184.00  182.64
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        35     59.0     855-855      855.5  150.00-150.00  150.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       35     59.0     855-855      855.5  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

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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