IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Thu Dec 06, 11:12AM CST
LM_CT137
St Joseph, MO    Thu Dec 06, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 12/05/2018

On Wednesday, trade was mostly inactive on light demand. Last week live
purchases traded from 114.00-116.00 with dressed purchases from 183.00-185.00.

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:         471            Week ago:    4,026          Year ago:    6,525
Week to Date:    2,238            Week ago:   11,110          Year ago:    7,713

NEGOTIATED GRID BASE:
Confirmed:         735            Week ago:      439          Year ago:    1,031
Week to Date:    1,656            Week ago:    1,848          Year ago:    1,961


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
  No Reportable Trade. 
STEER - LIVE - DELIVERED
 No Reportable Trade. 
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       37     63.0     929-929      929.3  182.00-182.00  182.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      37     63.0     929-929      929.3  182.00-182.00  182.00
STEER - DRESSED - FOB
 No Reportable Trade. 
HEIFER 
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      434     62.6     777-976      898.9  180.00-182.00  181.47
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     434     62.6     777-976      898.9  180.00-182.00  181.47
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     471     62.7     777-976      901.3  180.00-182.00  181.52
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       35     62.0     899-899      899.0  184.00-184.00  184.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     62.0     899-899      899.0  184.00-184.00  184.00
HEIFER 
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      203     62.1     762-850      807.8  180.00-183.97  181.56
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     203     62.1     762-850      807.8  180.00-183.97  181.56
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     238     62.1     762-899      821.2  180.00-184.00  181.92
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       61     59.0     817-855      832.3  148.00-148.00  148.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      61     59.0     817-855      832.3  148.00-148.00  148.00
MIXED STEER/HEIFER/COW - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice      436     60.0     900-900      900.0  170.00-170.00  170.00
 Total all grades     436     60.0     900-900      900.0  170.00-170.00  170.00

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     356        1,496.50          115.93
 Live    Heifer
 Dressed Steer                     767          961.60          182.81
 Dressed Heifer                    110          843.20          183.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   3,727        1,519.80          115.60
 Live    Heifer                  1,829        1,345.00          115.31
 Dressed Steer                   2,107          938.80          184.25
 Dressed Heifer                    252          805.00          180.58

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,518        1,502.70          119.06
 Live    Heifer                    168        1,294.50          119.86
 Dressed Steer                   1,605          940.90          187.72
 Dressed Heifer                  1,697          881.50          187.72

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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