IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Fri Apr 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:       2,559            Week ago:    5,881          Year ago:    3,423
Week to Date:    7,592            Week ago:   17,284          Year ago:    6,943

NEGOTIATED GRID BASE:
Confirmed:          70            Week ago:    1,513          Year ago:      143
Week to Date:    1,061            Week ago:    3,633          Year ago:      857


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      947     63.0   1,377-1,550  1,470.8  127.00-129.00  127.79
 65 - 80% Choice       75     61.0   1,450-1,450  1,450.0  126.00-126.00  126.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,022     62.8   1,377-1,550  1,469.2  126.00-129.00  127.66
STEER - DRESSED - DELIVERED
 Over 80% Choice      733     62.8     885-965      896.7  204.00-204.50  204.26
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     733     62.8     885-965      896.7  204.00-204.50  204.26
HEIFER - LIVE - FOB
 Over 80% Choice      314     61.6   1,260-1,375  1,316.9  126.00-127.00  126.24
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     314     61.6   1,260-1,375  1,316.9  126.00-127.00  126.24
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       90     62.5     750-750      750.0  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     62.5     750-750      750.0  204.00-204.00  204.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       78     63.4     825-869      846.8  203.00-204.00  203.51
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      78     63.4     825-869      846.8  203.00-204.00  203.51
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,336     62.5   1,260-1,550  1,433.4  126.00-129.00  127.33
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     901     62.8     750-965      877.7  203.00-204.50  204.17
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 
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     62.0     775-775      775.0  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      30     62.0     775-775      775.0  204.00-204.00  204.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.0     806-806      806.0  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     62.0     806-806      806.0  204.00-204.00  204.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      70     62.0     775-806      792.7  204.00-204.00  204.00
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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