IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Fri Dec 08, 2017    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 12/07/2017

Trade was light on light to moderate demand on Thursday. Compared to last week, live 
purchases traded mostly 3.00-4.00 lower at 117.00. Compared to Wednesday, a few 
dressed purchases traded steady to 1.00 lower mostly from 186.00-188.00.
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:       6,292            Week ago:   17,637          Year ago:    8,234
Week to Date:   14,005            Week ago:   17,663          Year ago:   11,378

NEGOTIATED GRID BASE:
Confirmed:         481            Week ago:    2,183          Year ago:    1,593
Week to Date:    2,442            Week ago:    3,209          Year ago:    2,910


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      961     63.0   1,400-1,500  1,461.1  117.00-119.00  117.28
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     961     63.0   1,400-1,500  1,461.1  117.00-119.00  117.28
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,514     63.4     850-1,016    940.6  186.00-188.50  186.98
 65 - 80% Choice      191     62.6     819-937      909.6  186.00-187.00  186.24
 35 - 65% Choice      117     62.5     921-921      921.9  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades   1,822     63.2     819-1,016    936.1  186.00-188.50  186.84
HEIFER - LIVE - FOB
 Over 80% Choice      534     63.1   1,200-1,350  1,297.9  117.00-119.00  117.14
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     534     63.1   1,200-1,350  1,297.9  117.00-119.00  117.14
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      720     63.6     793-896      832.9  186.00-188.00  186.83
 65 - 80% Choice       65     62.0     713-728      717.8  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     785     63.5     713-896      823.3  186.00-188.00  186.84
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      827     63.4   1,250-1,450  1,331.9  117.00-118.00  117.05
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     827     63.4   1,250-1,450  1,331.9  117.00-118.00  117.05
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      132     63.1     732-909      873.8  186.00-188.00  187.53
 65 - 80% Choice      280     62.0     790-790      790.5  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     412     62.3     732-909      817.2  186.00-188.00  187.17
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,322     63.2   1,200-1,500  1,377.5  117.00-119.00  117.17
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,019     63.2     713-1,016    890.6  186.00-188.50  186.88
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      202     60.4     796-817      811.4  157.00-160.00  157.86
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     202     60.4     796-817      811.4  157.00-160.00  157.86
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                          -                      -
 65 - 80% Choice       60     61.1     962-962      962.3  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     61.1     962-962      962.3  186.00-186.00  186.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     63.5     794-794      794.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     794-794      794.0  192.00-192.00  192.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       36     63.0     834-834      834.0  190.00-190.00  190.00
 65 - 80% Choice      162     63.0     819-866      854.0  187.00-188.00  187.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     198     63.0     819-866      850.4  187.00-190.00  187.75
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     298     62.7     794-962      865.3  186.00-192.00  187.97
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      183     59.7     800-825      820.9  140.00-143.00  142.03
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     183     59.7     800-825      820.9  140.00-143.00  142.03
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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