IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Thu Oct 12, 2017    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 10/11/2017

Wednesday trading was very inactive on very light demand. Not enough trades for a
market trend. Last week live trades were mostly at 108.00 and dressed trades were
at 172.00.

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:         192            Week ago:     none          Year ago:   10,352
Week to Date:    2,345            Week ago:      121          Year ago:   12,505

NEGOTIATED GRID BASE:
Confirmed:         708            Week ago:      614          Year ago:    1,580
Week to Date:    1,201            Week ago:    1,700          Year ago:    2,550


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       72     63.3   1,435-1,450  1,441.3  110.00-110.00  110.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      72     63.3   1,435-1,450  1,441.3  110.00-110.00  110.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       84     63.2   1,475-1,475  1,475.0  110.00-110.00  110.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      84     63.2   1,475-1,475  1,475.0  110.00-110.00  110.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     156     63.3   1,435-1,475  1,459.4  110.00-110.00  110.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       36     60.8     836-836      836.0  150.00-150.00  150.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      36     60.8     836-836      836.0  150.00-150.00  150.00
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       20     62.5     718-718      718.8  174.00-174.00  174.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      20     62.5     718-718      718.8  174.00-174.00  174.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       84     62.4     781-803      795.6  172.00-174.00  173.52
 65 - 80% Choice      227     63.0     787-787      787.5  174.00-176.00  175.34
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     311     62.8     781-803      789.7  172.00-176.00  174.85
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     331     62.8     718-803      785.4  172.00-176.00  174.80
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      160     60.6     775-775      775.0  148.00-148.00  148.00
 65 - 80% Choice      217     59.9     800-825      821.3  142.00-147.00  145.30
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     377     60.2     775-825      801.7  142.00-148.00  146.45
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
1130C







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