IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Mon Feb 11, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 02/08/2019

On Friday, trade and demand was moderate. In the Western Cornbelt compared to
the previous week, live purchases trade steady to from 123.00-126.00, bulk
from 124.50-126.00. Dressed purchases traded steady to 3.00 higher at 200.00.

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:      26,863            Week ago:   15,802          Year ago:   16,908
Week to Date:   28,408            Week ago:   17,439          Year ago:   18,185

NEGOTIATED GRID BASE:
Confirmed:       1,014            Week ago:      918          Year ago:    1,228
Week to Date:    1,981            Week ago:    3,478          Year ago:    2,800


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    8,231     62.9   1,325-1,600  1,510.4  123.00-127.00  124.90
 65 - 80% Choice       80     62.7   1,475-1,475  1,475.0  125.00-125.00  125.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   8,311     62.9   1,325-1,600  1,510.1  123.00-127.00  124.90
STEER - LIVE - DELIVERED
 Over 80% Choice      823     63.4   1,425-1,500  1,483.7  123.50-128.00  126.47
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     823     63.4   1,425-1,500  1,483.7  123.50-128.00  126.47
STEER - DRESSED - DELIVERED
 Over 80% Choice    5,282     62.9     777-973      923.4  198.00-200.00  199.85
 65 - 80% Choice      587     63.1     854-928      887.8  197.00-200.00  199.11
 35 - 65% Choice       40     64.1     947-947      947.4  200.00-200.00  200.00
  0 - 35% Choice                          -                      -
 Total all grades   5,909     62.9     777-973      920.0  197.00-200.00  199.78
STEER - DRESSED - FOB
 Over 80% Choice      105     63.5   1,000-1,000  1,000.0  198.00-198.00  198.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     105     63.5   1,000-1,000  1,000.0  198.00-198.00  198.00
HEIFER - LIVE - FOB
 Over 80% Choice    2,309     62.5   1,200-1,450  1,361.1  123.00-127.00  124.63
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,309     62.5   1,200-1,450  1,361.1  123.00-127.00  124.63
HEIFER - LIVE - DELIVERED
 Over 80% Choice      694     62.8   1,200-1,400  1,229.2  123.50-127.00  126.45
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     694     62.8   1,200-1,400  1,229.2  123.50-127.00  126.45
HEIFER - DRESSED - DELIVERED
 Over 80% Choice    2,947     62.8     740-928      821.6  198.00-201.00  199.89
 65 - 80% Choice       52     62.0     899-899      899.0  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,999     62.8     740-928      822.9  198.00-201.00  199.89
HEIFER - DRESSED - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice    2,438     62.3   1,250-1,575  1,447.5  123.00-126.00  124.75
 65 - 80% Choice      158     63.2   1,300-1,300  1,300.0  125.00-125.00  125.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,596     62.3   1,250-1,575  1,438.5  123.00-126.00  124.76
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice    2,466     62.6     771-934      887.1  197.00-200.00  199.94
 65 - 80% Choice      294     62.2     759-920      828.1  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,760     62.5     759-934      880.9  197.00-200.00  199.94
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades  13,216     62.7   1,200-1,600  1,470.0  123.00-127.00  124.83
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades  11,668     62.8     740-973      885.8  197.00-201.00  199.85
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       75     60.3     820-840      830.5  170.00-170.00  170.00
 65 - 80% Choice       37     59.6     813-813      813.5  170.00-170.00  170.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     112     60.1     813-840      824.9  170.00-170.00  170.00
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      414     63.0     819-936      886.8  198.00-200.00  199.31
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     414     63.0     819-936      886.8  198.00-200.00  199.31
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      196     62.2     786-857      833.4  200.00-200.00  200.00
 65 - 80% Choice       73     63.1     845-845      845.0  197.00-197.00  197.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     269     62.4     786-857      836.6  197.00-200.00  199.19
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      222     62.0     765-889      842.1  197.00-202.00  199.35
 65 - 80% Choice       40     61.0     823-823      823.5  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     262     61.9     765-889      839.2  197.00-202.00  199.45
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     945     62.5     765-936      859.3  197.00-202.00  199.31
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       69     59.4     840-881      861.3  154.00-154.00  154.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      69     59.4     840-881      861.3  154.00-154.00  154.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   8,311        1,510.10          124.90
 Live    Heifer                  2,349        1,359.70          124.64
 Dressed Steer                   6,400          919.90          199.70
 Dressed Heifer                  3,194          821.40          199.77

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   3,856        1,489.20          124.11
 Live    Heifer                  1,560        1,355.40          124.16
 Dressed Steer                   6,524          925.80          198.49
 Dressed Heifer                  1,548          841.00          198.03

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   7,029        1,487.50          126.33
 Live    Heifer                  2,197        1,371.20          125.72
 Dressed Steer                   3,238          934.00          200.69
 Dressed Heifer                  1,810          824.70          199.89

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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