IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Fri May 17, 7:58AM CDT
LM_CT137
St Joseph, MO    Fri May 17, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 05/16/2019

On Thursday negotiated cash trading was slow with moderate demand.  So far for
the week live cash trades have moved 3.00 to 4.00 lower from 116.00 to 118.00
and dressed trades have moved 5.00 to 6.00 lower ranging from 185.00 to 190.00
.

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:       8,105            Week ago:    2,778          Year ago:    3,224
Week to Date:   16,580            Week ago:   27,040          Year ago:   22,096

NEGOTIATED GRID BASE:
Confirmed:       1,699            Week ago:      684          Year ago:      272
Week to Date:    2,725            Week ago:    2,562          Year ago:    2,066


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    2,140     63.3   1,325-1,500  1,427.2  116.00-118.00  117.49
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,140     63.3   1,325-1,500  1,427.2  116.00-118.00  117.49
STEER - LIVE - DELIVERED
 Over 80% Choice      354     63.6   1,400-1,500  1,446.2  118.00-119.00  118.20
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     354     63.6   1,400-1,500  1,446.2  118.00-119.00  118.20
STEER - DRESSED - DELIVERED
 Over 80% Choice    2,069     63.3     747-958      886.5  185.00-187.00  185.92
 65 - 80% Choice      523     62.0     808-843      824.8  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,592     63.1     747-958      874.0  185.00-187.00  185.73
STEER - DRESSED - FOB
 Over 80% Choice      120     63.5     857-857      857.0  185.00-185.00  185.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     120     63.5     857-857      857.0  185.00-185.00  185.00
HEIFER - LIVE - FOB
 Over 80% Choice      336     63.5   1,250-1,350  1,294.0  117.00-118.00  117.36
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     336     63.5   1,250-1,350  1,294.0  117.00-118.00  117.36
HEIFER - LIVE - DELIVERED
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      274     62.9     765-806      786.8  185.00-186.00  185.36
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     274     62.9     765-806      786.8  185.00-186.00  185.36
HEIFER - DRESSED - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      774     63.0   1,250-1,400  1,319.4  115.00-119.00  116.97
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     774     63.0   1,250-1,400  1,319.4  115.00-119.00  116.97
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      749     62.8     793-920      836.4  185.00-186.00  185.59
 65 - 80% Choice      271     62.6     765-897      798.5  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,020     62.7     765-920      826.3  185.00-186.00  185.43
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,250     63.2   1,250-1,500  1,387.8  115.00-119.00  117.35
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   3,886     63.0     747-958      855.4  185.00-187.00  185.63
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      466     63.5     873-919      897.7  186.00-189.00  187.48
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     466     63.5     873-919      897.7  186.00-189.00  187.48
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     61.0     747-747      747.2  185.00-185.00  185.00
 35 - 65% Choice       47     60.0     732-732      732.0  186.00-186.00  186.00
  0 - 35% Choice                          -                      -
 Total all grades      87     60.5     732-747      739.0  185.00-186.00  185.54
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      418     62.1     828-882      840.5  186.00-192.00  186.69
 65 - 80% Choice       43     61.0     824-824      824.0  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     461     62.0     824-882      838.9  186.00-192.00  186.62
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      40     63.0   1,350-1,350  1,350.0  118.00-118.00  118.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,014     62.6     732-919      857.3  185.00-192.00  186.93
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      645     59.9     855-877      869.9  158.00-160.00  159.76
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     645     59.9     855-877      869.9  158.00-160.00  159.76
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   5,421        1,403.80          117.20
 Live    Heifer                    668        1,283.70          117.29
 Dressed Steer                   4,913          880.10          186.41
 Dressed Heifer                    983          792.00          187.37

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   8,457        1,414.50          121.49
 Live    Heifer                  2,292        1,257.10          120.05
 Dressed Steer                   8,781          883.40          192.76
 Dressed Heifer                  1,777          788.70          193.21

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   9,783        1,400.10          117.11
 Live    Heifer                    753        1,241.80          117.24
 Dressed Steer                   4,082          883.00          185.94
 Dressed Heifer                    863          737.40          184.51

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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