IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Fri Sep 14, 2018    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:       6,036            Week ago:    4,792          Year ago:    7,502
Week to Date:   14,448            Week ago:   13,995          Year ago:   19,217

NEGOTIATED GRID BASE:
Confirmed:         209            Week ago:      187          Year ago:    2,299
Week to Date:    4,150            Week ago:    3,322          Year ago:    4,163


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    1,938     63.3   1,375-1,550  1,465.1  108.00-110.00  109.65
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,938     63.3   1,375-1,550  1,465.1  108.00-110.00  109.65
STEER - DRESSED - DELIVERED
 Over 80% Choice    1,050     63.3     882-976      925.2  170.00-172.00  171.86
 65 - 80% Choice                          -                      -
 35 - 65% Choice       74     63.0     850-850      850.5  172.00-172.00  172.00
  0 - 35% Choice                          -                      -
 Total all grades   1,124     63.3     850-976      920.3  170.00-172.00  171.86
HEIFER - LIVE - FOB
 Over 80% Choice      483     64.0   1,325-1,375  1,351.8  109.00-110.00  109.54
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     483     64.0   1,325-1,375  1,351.8  109.00-110.00  109.54
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      374     64.6     824-851      830.5  170.00-173.00  172.36
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     374     64.6     824-851      830.5  170.00-173.00  172.36
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice    1,103     63.5   1,300-1,450  1,360.4  108.00-110.00  109.16
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,103     63.5   1,300-1,450  1,360.4  108.00-110.00  109.16
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      376     63.6     787-928      885.8  172.00-172.00  172.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     376     63.6     787-928      885.8  172.00-172.00  172.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   3,524     63.4   1,300-1,550  1,416.8  108.00-110.00  109.48
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,874     63.6     787-976      895.4  170.00-173.00  171.99
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       80     59.0     826-826      826.0  145.00-145.00  145.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      80     59.0     826-826      826.0  145.00-145.00  145.00
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       73     62.2     819-922      885.2  170.00-172.00  170.88
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      73     62.2     819-922      885.2  170.00-172.00  170.88
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      102     63.3     819-850      830.1  172.00-173.00  172.12
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     102     63.3     819-850      830.1  172.00-173.00  172.12
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     175     62.8     819-922      853.1  170.00-173.00  171.60
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       34     60.0     870-870      870.0  144.00-144.00  144.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     60.0     870-870      870.0  144.00-144.00  144.00
MIXED STEER/HEIFER/COW 
 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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