IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Wed Jun 13, 10:52AM CDT
LM_CT137
St Joseph, MO    Wed Jun 13, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 06/12/2018

Tuesday trading was very limited on very light demand. Not enough trades for a market
trend. Last week live cash trades were mostly at 115.00 and dressed cash trades were
mostly from 182.00-183.00.

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:         618            Week ago:      199          Year ago:    5,442
Week to Date:    1,502            Week ago:      277          Year ago:    5,442

NEGOTIATED GRID BASE:
Confirmed:         332            Week ago:      382          Year ago:      578
Week to Date:    1,004            Week ago:      668          Year ago:      975


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      510     64.0   1,375-1,450  1,380.9  112.00-115.00  114.37
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     510     64.0   1,375-1,450  1,380.9  112.00-115.00  114.37
STEER - LIVE - DELIVERED
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 No Reportable Trade.
STEER - DRESSED - FOB
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       35     62.5   1,275-1,275  1,275.0  112.00-112.00  112.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     62.5   1,275-1,275  1,275.0  112.00-112.00  112.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     545     63.9   1,275-1,450  1,374.1  112.00-115.00  114.22
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades                         -                      -
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       70     64.5     870-870      870.8  181.00-181.00  181.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      70     64.5     870-870      870.8  181.00-181.00  181.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       41     61.0     762-762      762.5  182.00-182.00  182.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      41     61.0     762-762      762.5  182.00-182.00  182.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       75     61.5     762-806      785.7  180.00-182.00  181.07
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      75     61.5     762-806      785.7  180.00-182.00  181.07
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     186     62.5     762-870      812.6  180.00-182.00  181.25
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      146     59.9     825-825      825.0  147.00-148.00  147.78
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     146     59.9     825-825      825.0  147.00-148.00  147.78
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     836        1,388.30          114.38
 Live    Heifer                     81        1,325.90          113.48
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     125        1,338.60          112.50
 Live    Heifer
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     277        1,386.60          135.00
 Live    Heifer                     37        1,275.00          135.00
 Dressed Steer                   3,352          910.80          211.19
 Dressed Heifer                    366          741.50          206.80

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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