IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Fri Sep 14, 11:01AM CDT
LM_CT137
St Joseph, MO    Fri Sep 14, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 09/13/2018

Thursday saw trading limited on light demand. Not enough trades for a full market
trend. Last week live cash trades moved from 107.00-108.50 and dressed cash trades
moved mostly at 170.00.

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:       4,796            Week ago:    7,109          Year ago:    7,892
Week to Date:    8,412            Week ago:    9,203          Year ago:   11,715

NEGOTIATED GRID BASE:
Confirmed:         420            Week ago:      441          Year ago:      703
Week to Date:    3,941            Week ago:    3,135          Year ago:    1,864


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    2,158     63.2   1,300-1,525  1,459.7  106.50-109.50  107.82
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,158     63.2   1,300-1,525  1,459.7  106.50-109.50  107.82
STEER - LIVE - DELIVERED
 Over 80% Choice       72     63.8   1,450-1,450  1,450.0  109.50-109.50  109.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      72     63.8   1,450-1,450  1,450.0  109.50-109.50  109.50
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,017     63.6     932-1,006    959.6  171.00-172.00  171.74
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,017     63.6     932-1,006    959.6  171.00-172.00  171.74
STEER - DRESSED - FOB
 Over 80% Choice       35     64.0     912-912      912.0  170.00-170.00  170.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     64.0     912-912      912.0  170.00-170.00  170.00
HEIFER - LIVE - FOB
 Over 80% Choice      278     63.7   1,250-1,300  1,278.8  108.00-109.00  108.58
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     278     63.7   1,250-1,300  1,278.8  108.00-109.00  108.58
HEIFER - LIVE - DELIVERED
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      563     63.1     778-866      814.0  172.00-172.00  172.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     563     63.1     778-866      814.0  172.00-172.00  172.00
HEIFER - DRESSED - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      489     63.2   1,250-1,425  1,352.9  108.00-108.25  108.04
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     489     63.2   1,250-1,425  1,352.9  108.00-108.25  108.04
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     63.3     885-885      885.5  171.00-171.00  171.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      30     63.3     885-885      885.5  171.00-171.00  171.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,925     63.2   1,250-1,525  1,424.6  106.50-109.50  107.93
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,610     63.4     778-1,006    907.3  171.00-172.00  171.82
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       68     63.4     889-901      894.6  171.00-172.00  171.54
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      68     63.4     889-901      894.6  171.00-172.00  171.54
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      181     63.2     803-857      839.8  170.00-172.00  171.10
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     181     63.2     803-857      839.8  170.00-172.00  171.10
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     249     63.3     803-901      854.7  170.00-172.00  171.22
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      136     60.3     870-884      873.6  144.00-144.00  144.00
 65 - 80% Choice       35     58.0     800-800      800.0  143.00-143.00  143.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     171     59.8     800-884      858.6  143.00-144.00  143.80
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   2,553        1,458.60          107.79
 Live    Heifer                    318        1,275.20          108.38
 Dressed Steer                   1,873          938.60          171.52
 Dressed Heifer                    703          807.10          171.59

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   4,657        1,480.40          107.89
 Live    Heifer                    600        1,275.00          107.00
 Dressed Steer                   2,183          951.10          169.81
 Dressed Heifer                    718          796.00          170.06

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,790        1,457.30          104.50
 Live    Heifer                  2,340        1,345.90          104.98
 Dressed Steer                   2,414          935.50          165.99
 Dressed Heifer                    188          791.70          166.09

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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