IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Wed Aug 14, 2019    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:       4,250            Week ago:      531          Year ago:    2,316
Week to Date:    5,551            Week ago:    3,443          Year ago:    5,520

NEGOTIATED GRID BASE:
Confirmed:         190            Week ago:      465          Year ago:      678
Week to Date:      937            Week ago:    1,148          Year ago:    1,704


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
STEERS: LIVE FOB
Over 80% Choice     1,298     63.0   1,400-1,400  1,400.0  105.00-106.50  106.19
65 - 80% Choice       450     63.2   1,425-1,425  1,425.0  105.00-105.00  105.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,748     63.0   1,400-1,425  1,406.4  105.00-106.50  105.89
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       990     63.0     812-977      936.8  169.00-172.00  171.17
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      990     63.0     812-977      936.8  169.00-172.00  171.17
STEERS: DRESSED FOB
Over 80% Choice       172     63.5     905-905      905.0  170.00-170.00  170.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      172     63.5     905-905      905.0  170.00-170.00  170.00
HEIFERS: LIVE FOB
Over 80% Choice       461     63.5   1,200-1,300  1,253.7  106.00-107.00  106.82
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      461     63.5   1,200-1,300  1,253.7  106.00-107.00  106.82
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       619     63.4     787-809      804.6  170.00-170.00  170.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      619     63.4     787-809      804.6  170.00-170.00  170.00
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       180     63.2   1,350-1,400  1,377.8  106.00-107.00  106.56
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      180     63.2   1,350-1,400  1,377.8  106.00-107.00  106.56
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        80     63.0     803-803      803.0  170.00-170.00  170.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       80     63.0     803-803      803.0  170.00-170.00  170.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            2,389     63.1   1,200-1,425  1,374.8  105.00-107.00  106.12

LIVE DELIVERED                            -                      -

DRESSED DELIVERED   1,689     63.2     787-977      882.0  169.00-172.00  170.69

DRESSED FOB           172     63.5     905-905      905.0  170.00-170.00  170.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: 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
STEERS: LIVE FOB
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        39     63.0     850-850      850.0  171.00-171.00  171.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       39     63.0     850-850      850.0  171.00-171.00  171.00
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       117     63.1     784-882      827.9  170.00-172.00  171.38
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      117     63.1     784-882      827.9  170.00-172.00  171.38
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     156     63.1     784-882      833.4  170.00-172.00  171.29
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        34     58.0     800-800      800.0  158.00-158.00  158.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       34     58.0     800-800      800.0  158.00-158.00  158.00
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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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