IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Fri Dec 07, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 12/06/2018

On Thursday, trade was mostly inactive on light demand. Last week live
purchases traded from 114.00-116.00 with dressed purchases from 183.00-185.00.

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:       1,219            Week ago:    6,709          Year ago:    6,292
Week to Date:    3,457            Week ago:   17,819          Year ago:   14,005

NEGOTIATED GRID BASE:
Confirmed:         825            Week ago:      352          Year ago:      481
Week to Date:    2,481            Week ago:    2,200          Year ago:    2,442


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      301     63.0   1,575-1,575  1,575.0  115.00-115.00  115.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice       38     63.5   1,450-1,450  1,450.0  115.00-115.00  115.00
 Total all grades     339     63.1   1,450-1,575  1,561.0  115.00-115.00  115.00
STEER - LIVE - DELIVERED
 No Reportable Trade. 
STEER - DRESSED - DELIVERED
 Over 80% Choice      189     63.0     882-913      891.8  183.00-183.00  183.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     189     63.0     882-913      891.8  183.00-183.00  183.00
STEER - DRESSED - FOB
 No Reportable Trade. 
HEIFER 
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      340     63.0     803-850      808.9  183.00-183.00  183.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     340     63.0     803-850      808.9  183.00-183.00  183.00
HEIFER - DRESSED - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      314     62.6     821-873      849.1  182.00-183.00  182.76
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     314     62.6     821-873      849.1  182.00-183.00  182.76
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     339     63.1   1,450-1,575  1,561.0  115.00-115.00  115.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     843     62.9     803-913      842.4  182.00-183.00  182.91
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       76     61.9     920-989      954.8  180.00-185.00  182.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     61.9     920-989      954.8  180.00-185.00  182.50
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      485     62.6     809-882      855.6  183.00-185.00  184.07
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     485     62.6     809-882      855.6  183.00-185.00  184.07
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      242     62.7     806-869      844.3  180.00-184.00  183.14
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     242     62.7     806-869      844.3  180.00-184.00  183.14
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     803     62.6     806-989      861.6  180.00-185.00  183.64
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       22     59.0     861-861      861.4  146.00-146.00  146.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      22     59.0     861-861      861.4  146.00-146.00  146.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     695        1,527.90          115.47
 Live    Heifer
 Dressed Steer                     956          947.80          182.85
 Dressed Heifer                    450          817.20          183.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   4,644        1,497.60          115.44
 Live    Heifer                  2,020        1,340.80          115.17
 Dressed Steer                   4,446          946.40          183.20
 Dressed Heifer                  1,590          839.10          182.62

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   2,479        1,486.60          118.37
 Live    Heifer                    702        1,297.10          117.79
 Dressed Steer                   3,427          938.40          187.25
 Dressed Heifer                  2,482          863.10          187.44

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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