IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Thu Oct 11, 11:11AM CDT
LM_CT137
St Joseph, MO    Thu Oct 11, 2018    USDA Market News Service

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

On Wednesday, trade and demand was moderate in the Western Cornbelt. Compared
to last week in the Western Cornbelt,  live and dressed purchases traded
steady to 1.00 lower from 109.00-110.00 and 174.00 respectively.

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:      14,169            Week ago:    1,045          Year ago:      192
Week to Date:   15,681            Week ago:    5,684          Year ago:    2,345

NEGOTIATED GRID BASE:
Confirmed:       1,050            Week ago:    1,155          Year ago:      708
Week to Date:    2,170            Week ago:    4,389          Year ago:    1,201


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    4,796     64.0   1,450-1,625  1,515.6  107.00-111.00  109.75
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   4,796     64.0   1,450-1,625  1,515.6  107.00-111.00  109.75
STEER - LIVE - DELIVERED
 Over 80% Choice      210     63.3   1,475-1,475  1,475.0  109.00-109.00  109.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     210     63.3   1,475-1,475  1,475.0  109.00-109.00  109.00
STEER - DRESSED - DELIVERED
 Over 80% Choice    5,979     63.6     819-1,001    970.0  173.00-174.00  173.89
 65 - 80% Choice      352     62.8     959-976      969.1  174.00-174.00  174.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   6,331     63.5     819-1,001    969.9  173.00-174.00  173.90
STEER - DRESSED - FOB
 No Reportable Trade. 
HEIFER - LIVE - FOB
 Over 80% Choice      415     63.3   1,200-1,400  1,340.2  109.00-109.00  109.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     415     63.3   1,200-1,400  1,340.2  109.00-109.00  109.00
HEIFER - LIVE - DELIVERED
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    1,613     63.7     780-893      836.1  173.00-174.00  173.82
 65 - 80% Choice      155     63.8     829-829      829.0  174.00-174.00  174.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,768     63.7     780-893      835.4  173.00-174.00  173.83
HEIFER - DRESSED - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      119     63.5   1,400-1,400  1,400.0  109.00-109.00  109.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     119     63.5   1,400-1,400  1,400.0  109.00-109.00  109.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      415     63.4     819-921      893.3  172.00-174.00  173.94
 65 - 80% Choice       75     64.0     866-866      866.0  174.00-174.00  174.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     490     63.5     819-921      889.1  172.00-174.00  173.95
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   5,330     63.9   1,200-1,625  1,499.3  107.00-111.00  109.67
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   8,589     63.6     780-1,001    937.6  172.00-174.00  173.89
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       47     61.5     762-834      781.0  168.00-174.00  169.53
 65 - 80% Choice      111     61.5     922-922      922.5  173.00-173.00  173.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     158     61.5     762-922      880.4  168.00-174.00  171.97
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      334     62.2     762-850      816.2  174.00-174.00  174.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     334     62.2     762-850      816.2  174.00-174.00  174.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      146     62.8     781-866      822.2  168.00-174.00  170.74
 65 - 80% Choice      320     63.0     850-866      862.3  174.00-174.00  174.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     466     62.9     781-866      849.7  168.00-174.00  172.98
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     958     62.5     762-922      843.1  168.00-174.00  173.17
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       92     60.6     867-899      883.0  146.00-146.00  146.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      92     60.6     867-899      883.0  146.00-146.00  146.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   5,071        1,515.10          109.78
 Live    Heifer                    415        1,340.20          109.00
 Dressed Steer                   6,815          967.90          173.91
 Dressed Heifer                  1,768          835.40          173.83

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   3,699        1,466.80          111.66
 Live    Heifer                    986        1,311.80          111.11
 Dressed Steer                     110          956.40          174.00
 Dressed Heifer                     14          793.00          174.00

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                      72        1,441.30          110.00
 Live    Heifer
 Dressed Steer
 Dressed Heifer

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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