IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Fri Jul 14, 2:56PM CDT
LM_CT136
St Joseph, MO    Fri Jul 14, 2017    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:       1,482            Week ago:    1,503          Year ago:    3,027
Week to Date:   26,869            Week ago:   18,357          Year ago:   16,994

NEGOTIATED GRID BASE:
Confirmed:         159            Week ago:       77          Year ago:      107
Week to Date:    3,856            Week ago:    2,331          Year ago:    2,415


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      448     63.6   1,400-1,450  1,422.9  119.00-120.00  119.69
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     448     63.6   1,400-1,450  1,422.9  119.00-120.00  119.69
STEER - DRESSED - DELIVERED
 Over 80% Choice      116     63.2     850-857      852.3  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     116     63.2     850-857      852.3  190.00-190.00  190.00
HEIFER - LIVE - FOB
 Over 80% Choice      285     63.1   1,250-1,300  1,277.9  118.00-120.00  119.12
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     285     63.1   1,250-1,300  1,277.9  118.00-120.00  119.12
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       42     63.0     803-803      803.0  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     63.0     803-803      803.0  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       76     63.5   1,275-1,350  1,312.5  119.00-120.00  119.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     63.5   1,275-1,350  1,312.5  119.00-120.00  119.50
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     63.5     873-873      873.1  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     873-873      873.1  190.00-190.00  190.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     809     63.4   1,250-1,450  1,361.4  118.00-120.00  119.47
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     198     63.2     803-873      846.0  190.00-190.00  190.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      156     62.9     804-869      851.5  165.00-190.00  183.27
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     156     62.9     804-869      851.5  165.00-190.00  183.27
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       25     61.2     810-846      828.7  186.00-190.00  188.08
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      25     61.2     810-846      828.7  186.00-190.00  188.08
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       12     60.0     720-720      720.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     60.0     720-720      720.0  186.00-186.00  186.00
MIXED STEER/HEIFER 
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      37     60.8     720-846      793.5  186.00-190.00  187.41
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      122     59.7     825-825      825.0  163.00-170.00  167.30
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     122     59.7     825-825      825.0  163.00-170.00  167.30
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
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