IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Wed Jul 11, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 07/10/2018

Tuesday saw trading inactive on very light demand. Not enough trades for a market
trend. Last week live cash trades moved mostly at 112.00 and dressed cash trades
ranged from 175.00-180.00.

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:         469            Week ago:      710          Year ago:      155
Week to Date:      649            Week ago:      710          Year ago:    2,661

NEGOTIATED GRID BASE:
Confirmed:         401            Week ago:       78          Year ago:      633
Week to Date:      930            Week ago:      821          Year ago:      951


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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      360     63.7     857-882      875.3  175.00-176.00  175.22
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     360     63.7     857-882      875.3  175.00-176.00  175.22
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     360     63.7     857-882      875.3  175.00-176.00  175.22
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       38     63.0     882-882      882.0  177.00-177.00  177.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.0     882-882      882.0  177.00-177.00  177.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      192     63.0     806-882      846.8  170.00-177.00  175.54
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     192     63.0     806-882      846.8  170.00-177.00  175.54
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     230     63.0     806-882      852.6  170.00-177.00  175.78
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      171     59.4     800-825      816.2  143.00-148.00  146.14
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     171     59.4     800-825      816.2  143.00-148.00  146.14
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer
 Live    Heifer
 Dressed Steer                     145          886.90          175.00
 Dressed Heifer

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     334        1,432.90          110.00
 Live    Heifer                    158        1,269.00          110.00
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     329        1,435.90          117.28
 Live    Heifer                    121        1,435.00          115.00
 Dressed Steer                     951          950.00          190.00
 Dressed Heifer                    931          950.00          190.00

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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