IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Thu Aug 09, 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:      12,631            Week ago:      913          Year ago:    2,284
Week to Date:   16,232            Week ago:    9,033          Year ago:   36,667

NEGOTIATED GRID BASE:
Confirmed:       2,344            Week ago:                   Year ago:      947
Week to Date:    3,409            Week ago:    1,180          Year ago:    4,513


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    4,512     63.3   1,325-1,515  1,462.9  109.00-112.50  110.31
 65 - 80% Choice      480     62.9   1,370-1,480  1,418.7  110.00-110.00  110.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   4,992     63.2   1,325-1,515  1,458.7  109.00-112.50  110.28
STEER - DRESSED - DELIVERED
 Over 80% Choice    2,146     62.9     834-957      931.0  174.00-178.00  175.76
 65 - 80% Choice      296     64.2     963-963      963.0  175.00-175.00  175.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,442     63.1     834-963      934.9  174.00-178.00  175.67
HEIFER - LIVE - FOB
 Over 80% Choice      413     63.3   1,250-1,300  1,290.6  110.00-112.00  110.57
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     413     63.3   1,250-1,300  1,290.6  110.00-112.00  110.57
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,816     63.2     752-834      795.4  174.00-176.00  175.70
 65 - 80% Choice      408     63.3     718-762      752.8  174.00-176.00  174.42
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,224     63.2     718-834      787.6  174.00-176.00  175.46
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      903     63.6   1,250-1,410  1,333.2  110.00-112.00  111.73
 65 - 80% Choice      190     63.7   1,360-1,360  1,360.0  110.00-110.00  110.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,093     63.6   1,250-1,410  1,337.9  110.00-112.00  111.43
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,259     63.2     787-970      870.8  174.00-176.00  175.07
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,259     63.2     787-970      870.8  174.00-176.00  175.07
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   6,498     63.3   1,250-1,515  1,427.7  109.00-112.50  110.49
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,925     63.2     718-970      866.0  174.00-178.00  175.46
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      158     63.3     882-935      894.1  176.00-176.00  176.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     158     63.3     882-935      894.1  176.00-176.00  176.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      409     63.8     809-832      827.5  176.00-178.00  176.20
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     409     63.8     809-832      827.5  176.00-178.00  176.20
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       38     63.5   1,325-1,325  1,325.0  112.00-112.00  112.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.5   1,325-1,325  1,325.0  112.00-112.00  112.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      148     63.1     825-904      865.3  177.00-178.00  177.72
 65 - 80% Choice       41     64.1     838-838      838.7  178.00-178.00  178.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     189     63.3     825-904      859.5  177.00-178.00  177.78
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      38     63.5   1,325-1,325  1,325.0  112.00-112.00  112.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     756     63.6     809-935      849.4  176.00-178.00  176.55
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER/COW 
 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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