IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Fri Sep 21, 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:       4,760            Week ago:    6,036          Year ago:    9,143
Week to Date:   23,492            Week ago:   14,410          Year ago:    9,223

NEGOTIATED GRID BASE:
Confirmed:         335            Week ago:      209          Year ago:      696
Week to Date:    2,261            Week ago:    4,150          Year ago:    2,779


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    1,711     63.4   1,300-1,550  1,498.4  108.50-110.50  109.23
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,711     63.4   1,300-1,550  1,498.4  108.50-110.50  109.23
STEER - DRESSED - DELIVERED
 Over 80% Choice      798     63.8     882-951      931.6  173.00-175.00  173.79
 65 - 80% Choice      515     63.0     894-929      915.3  173.00-174.00  173.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,313     63.5     882-951      925.2  173.00-175.00  173.58
HEIFER - LIVE - FOB
 Over 80% Choice      803     63.0   1,200-1,400  1,302.8  109.00-110.00  109.52
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     803     63.0   1,200-1,400  1,302.8  109.00-110.00  109.52
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      127     63.9     780-870      840.1  173.00-174.00  173.34
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     127     63.9     780-870      840.1  173.00-174.00  173.34
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      114     63.3   1,350-1,400  1,382.5  110.00-111.00  110.67
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     114     63.3   1,350-1,400  1,382.5  110.00-111.00  110.67
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      329     63.1     809-897      848.3  173.00-175.00  173.43
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     329     63.1     809-897      848.3  173.00-175.00  173.43
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   2,628     63.2   1,200-1,550  1,433.6  108.50-111.00  109.38
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,769     63.4     780-951      904.8  173.00-175.00  173.53
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     59.2     802-802      802.2  144.00-144.00  144.00
 65 - 80% Choice      120     63.0     850-850      850.5  140.00-140.00  140.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     160     62.1     802-850      838.4  140.00-144.00  141.00
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      134     63.0     882-882      882.0  175.00-175.00  175.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     134     63.0     882-882      882.0  175.00-175.00  175.00
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       12     63.3     806-806      806.4  174.00-174.00  174.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     63.3     806-806      806.4  174.00-174.00  174.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       98     63.6     832-857      852.7  175.00-176.00  175.82
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      98     63.6     832-857      852.7  175.00-176.00  175.82
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     244     63.3     806-882      866.5  174.00-176.00  175.28
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       35     60.0     840-840      840.0  146.00-146.00  146.00
 65 - 80% Choice       56     58.0     800-800      800.0  142.00-142.00  142.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      91     58.8     800-840      815.4  142.00-146.00  143.54
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
1500C







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