IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Fri Mar 15, 12:42PM CDT
LM_CT137
St Joseph, MO    Fri Mar 15, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 03/14/2019

On Thursday, trade was light on light to moderate demand with dressed
purchases steady to 1.00 lower than Tuesday at 203.00-204.00 and the bulk of
live purchases for the week 1.00 lower from 126.00-128.00.

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:       3,701            Week ago:    2,562          Year ago:    6,017
Week to Date:   18,520            Week ago:    4,918          Year ago:   26,451

NEGOTIATED GRID BASE:
Confirmed:         609            Week ago:    4,033          Year ago:      732
Week to Date:    2,994            Week ago:    6,091          Year ago:    2,679


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    1,272     63.3   1,350-1,550  1,449.4  126.00-128.00  127.09
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,272     63.3   1,350-1,550  1,449.4  126.00-128.00  127.09
STEER - LIVE - DELIVERED
 Over 80% Choice      285     62.9   1,400-1,465  1,443.8  127.00-130.00  127.69
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     285     62.9   1,400-1,465  1,443.8  127.00-130.00  127.69
STEER - DRESSED - DELIVERED
 Over 80% Choice      358     63.2     819-955      905.3  203.00-204.00  203.30
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     358     63.2     819-955      905.3  203.00-204.00  203.30
STEER - DRESSED - FOB
 Over 80% Choice      648     63.1     961-998      975.6  202.00-205.00  204.05
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     648     63.1     961-998      975.6  202.00-205.00  204.05
HEIFER - LIVE - FOB
 Over 80% Choice      237     63.1   1,275-1,350  1,325.0  126.00-128.50  126.83
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     237     63.1   1,275-1,350  1,325.0  126.00-128.50  126.83
HEIFER - LIVE - DELIVERED
 Over 80% Choice      187     62.4   1,200-1,300  1,248.5  126.00-128.00  126.70
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     187     62.4   1,200-1,300  1,248.5  126.00-128.00  126.70
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      238     62.4     796-840      812.6  203.00-203.00  203.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     238     62.4     796-840      812.6  203.00-203.00  203.00
HEIFER - DRESSED - FOB
 Over 80% Choice      105     63.0     914-914      914.0  203.00-203.00  203.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     105     63.0     914-914      914.0  203.00-203.00  203.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      190     62.5   1,350-1,350  1,350.0  127.00-127.00  127.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     190     62.5   1,350-1,350  1,350.0  127.00-127.00  127.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      139     62.4     744-853      820.5  203.00-204.00  203.55
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     139     62.4     744-853      820.5  203.00-204.00  203.55
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,699     63.2   1,275-1,550  1,420.9  126.00-128.50  127.05
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     735     62.8     744-955      859.2  203.00-204.00  203.25
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
 Over 80% Choice      368     62.7     830-959      943.5  204.00-205.00  204.10
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     368     62.7     830-959      943.5  204.00-205.00  204.10
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       11     62.0     713-713      713.0  206.00-206.00  206.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      11     62.0     713-713      713.0  206.00-206.00  206.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     379     62.6     713-959      936.8  204.00-206.00  204.16
DAIRYBRED STEER/HEIFER - LIVE - FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      158     58.9     833-885      861.6  158.00-158.00  158.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     158     58.9     833-885      861.6  158.00-158.00  158.00
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                   5,655        1,467.70          127.32
 Live    Heifer                  1,206        1,371.50          126.78
 Dressed Steer                   4,823          919.40          204.14
 Dressed Heifer                  2,043          835.10          204.03

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     834        1,515.60          128.30
 Live    Heifer                    861        1,452.20          127.08
 Dressed Steer                     692          900.20          204.64
 Dressed Heifer                  1,584          809.90          204.31

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   7,169        1,478.20          129.09
 Live    Heifer                  2,725        1,301.10          128.16
 Dressed Steer                   6,320          929.00          206.09
 Dressed Heifer                  1,705          818.60          205.67

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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