IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Wed Jul 11, 2:44PM CDT
LM_CT136
St Joseph, MO    Wed Jul 11, 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:       1,473            Week ago:     none          Year ago:      487
Week to Date:    2,122            Week ago:      710          Year ago:    3,148

NEGOTIATED GRID BASE:
Confirmed:       1,072            Week ago:     none          Year ago:      675
Week to Date:    2,002            Week ago:      821          Year ago:    1,626


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 - DRESSED - DELIVERED
 Over 80% Choice      405     64.1     834-919      885.1  174.00-175.00  174.69
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     405     64.1     834-919      885.1  174.00-175.00  174.69
HEIFER - LIVE - FOB
 Over 80% Choice       80     63.8   1,200-1,200  1,200.0  110.00-110.00  110.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     63.8   1,200-1,200  1,200.0  110.00-110.00  110.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       84     64.4     756-756      756.7  174.00-174.00  174.00
 65 - 80% Choice       84     63.0     803-803      803.0  175.00-175.00  175.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     168     63.7     756-803      779.9  174.00-175.00  174.50
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      214     63.0     819-834      823.3  175.00-175.00  175.00
 65 - 80% Choice      450     63.0     851-851      851.0  175.00-175.00  175.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     664     63.0     819-851      842.1  175.00-175.00  175.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      80     63.8   1,200-1,200  1,200.0  110.00-110.00  110.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,237     63.4     756-919      847.7  174.00-175.00  174.83
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      365     63.3     873-889      878.7  175.00-175.00  175.00
 65 - 80% Choice      120     64.0     880-880      880.0  175.00-175.00  175.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     485     63.5     873-889      879.0  175.00-175.00  175.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      284     63.8     800-838      811.2  175.00-175.00  175.00
 65 - 80% Choice       80     63.0     803-803      803.0  175.00-175.00  175.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     364     63.6     800-838      809.4  175.00-175.00  175.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     63.0     882-882      882.0  175.00-175.00  175.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.0     882-882      882.0  175.00-175.00  175.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     887     63.5     800-889      850.6  175.00-175.00  175.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       35     61.0     825-825      825.0  148.00-148.00  148.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     61.0     825-825      825.0  148.00-148.00  148.00
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
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