IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Thu Mar 14, 11:06AM CDT
LM_CT137
St Joseph, MO    Thu Mar 14, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 03/13/2019

On Wednesday trade was slow on light to moderate demand, not enough for an
adequate market trend. The latest established dressed market was on Tuesday
with purchases from 204.00-205.00, and the latest established live market was
last week with purchases from 127.00-129.00.

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:       4,117            Week ago:      250          Year ago:   16,676
Week to Date:   14,819            Week ago:    2,356          Year ago:   20,434

NEGOTIATED GRID BASE:
Confirmed:         268            Week ago:      473          Year ago:    1,268
Week to Date:    2,385            Week ago:    2,058          Year ago:    1,947


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    1,828     62.8   1,350-1,525  1,429.5  125.00-128.50  127.07
 65 - 80% Choice       38     62.5   1,350-1,350  1,350.0  126.00-126.00  126.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,866     62.8   1,350-1,525  1,427.9  125.00-128.50  127.05
STEER - LIVE - DELIVERED
 Over 80% Choice      255     63.1   1,325-1,550  1,402.0  126.50-130.00  127.87
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     255     63.1   1,325-1,550  1,402.0  126.50-130.00  127.87
STEER - DRESSED - DELIVERED
 Over 80% Choice      704     62.9     859-948      910.1  203.00-204.00  203.29
 65 - 80% Choice      270     62.0     976-976      976.0  206.00-206.00  206.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     974     62.7     859-976      928.4  203.00-206.00  204.04
STEER - DRESSED - FOB
No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice      125     63.1   1,300-1,300  1,300.0  126.00-128.00  127.33
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     125     63.1   1,300-1,300  1,300.0  126.00-128.00  127.33
HEIFER - LIVE - DELIVERED
 Over 80% Choice      127     63.1   1,250-1,275  1,265.7  128.00-130.00  128.74
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     127     63.1   1,250-1,275  1,265.7  128.00-130.00  128.74
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      240     62.6     771-841      806.2  203.00-204.00  203.40
 65 - 80% Choice       80     63.8     780-780      780.9  204.00-204.00  204.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     320     62.9     771-841      799.8  203.00-204.00  203.55
HEIFER - DRESSED - FOB
No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       68     62.7   1,435-1,435  1,435.0  127.00-127.00  127.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      68     62.7   1,435-1,435  1,435.0  127.00-127.00  127.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      167     62.5     781-914      815.3  202.00-204.00  203.35
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     167     62.5     781-914      815.3  202.00-204.00  203.35
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,059     62.8   1,300-1,525  1,420.4  125.00-128.50  127.06
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,461     62.7     771-976      887.3  202.00-206.00  203.86
DAIRYBRED STEER/HEIFER - LIVE - FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COW - LIVE - FOB
No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
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
No Reportable Trade.
HEIFER - LIVE - FOB
No Reportable Trade.
HEIFER - DRESSED - DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       49     62.8     803-868      817.6  203.00-208.00  206.88
 65 - 80% Choice       41     62.0     899-899      899.0  203.00-203.00  203.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     62.4     803-899      854.7  203.00-208.00  205.11
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     256     61.7     803-937      901.0  202.00-208.00  203.09
DAIRYBRED STEER/HEIFER - LIVE - FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COW - LIVE - FOB
No Reportable Trade.
MIXED STEER/HEIFER/COW - DRESSED - DELIVERED
No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   4,383        1,473.00          127.38
 Live    Heifer                    969        1,382.80          126.76
 Dressed Steer                   4,465          920.50          204.20
 Dressed Heifer                  1,805          838.10          204.16

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     649        1,535.00          128.50
 Live    Heifer                    684        1,456.60          127.00
 Dressed Steer                     177          889.50          204.07
 Dressed Heifer                    553          799.00          204.42

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,980        1,473.00          129.15
 Live    Heifer                  2,050        1,299.70          128.23
 Dressed Steer                   4,146          936.60          206.44
 Dressed Heifer                  1,032          817.10          205.80

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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