IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Fri Jan 12, 2:54PM CST
LM_CT136
St Joseph, MO    Fri Jan 12, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

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:       2,571            Week ago:   15,515          Year ago:    2,415
Week to Date:   20,926            Week ago:   16,263          Year ago:    5,155

NEGOTIATED GRID BASE:
Confirmed:         172            Week ago:    3,320          Year ago:      524
Week to Date:    2,038            Week ago:    4,238          Year ago:    2,177


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      495     63.6   1,425-1,475  1,460.4  120.00-121.00  120.71
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     495     63.6   1,425-1,475  1,460.4  120.00-121.00  120.71
STEER - DRESSED - DELIVERED
 Over 80% Choice      410     62.8     882-961      899.3  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     410     62.8     882-961      899.3  190.00-190.00  190.00
HEIFER - LIVE - FOB
 Over 80% Choice      338     63.1   1,250-1,425  1,349.9  119.00-120.00  119.62
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     338     63.1   1,250-1,425  1,349.9  119.00-120.00  119.62
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      873     62.6     787-890      867.2  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     873     62.6     787-890      867.2  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      200     63.5     873-873      873.0  191.00-191.00  191.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     200     63.5     873-873      873.0  191.00-191.00  191.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     833     63.4   1,250-1,475  1,415.5  119.00-121.00  120.27
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,483     62.8     787-961      876.9  190.00-191.00  190.13
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      185     60.3     825-868      838.0  155.00-155.00  155.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     185     60.3     825-868      838.0  155.00-155.00  155.00
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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      153     62.2     793-864      823.4  188.00-192.00  191.03
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     153     62.2     793-864      823.4  188.00-192.00  191.03
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     153     62.2     793-864      823.4  188.00-192.00  191.03
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       19     59.5     825-825      825.0  141.00-141.00  141.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      19     59.5     825-825      825.0  141.00-141.00  141.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

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
1500C







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