IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Wed May 15, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 05/14/2019

On Tuesday, negotiated cash trading was limited on light demand. Not enough
trades for a full market trend. The last fully reported market was last week
with live and dressed cash trades moving mostly at 120.00 and from 190.00-192
.00, respectively.

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:         809            Week ago:   10,838          Year ago:    6,047
Week to Date:    2,893            Week ago:   12,746          Year ago:   13,125

NEGOTIATED GRID BASE:
Confirmed:         253            Week ago:      520          Year ago:      434
Week to Date:      698            Week ago:      996          Year ago:    1,048


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
  No Reportable Trade.  
STEER - LIVE - DELIVERED
  No Reportable Trade.  
STEER - DRESSED - DELIVERED
 Over 80% Choice      354     63.7     822-876      870.0  188.00-189.00  188.78
 65 - 80% Choice      170     63.0     819-866      855.2  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     524     63.5     819-876      865.2  185.00-189.00  187.56
STEER - DRESSED - FOB
  No Reportable Trade.  
HEIFER -  
  No Reportable Trade.   
MIXED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      160     63.0     812-876      847.2  185.00-194.00  190.50
 65 - 80% Choice      125     62.5     656-765      730.6  185.00-185.00  185.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     285     62.8     656-876      796.1  185.00-194.00  188.09
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     809     63.2     656-876      840.8  185.00-194.00  187.74
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       38     60.0     810-810      810.0  190.00-190.00  190.00
 65 - 80% Choice       86     61.5     891-891      891.8  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     124     61.0     810-891      866.7  190.00-200.00  196.94
HEIFER -  
  No Reportable Trade.  
MIXED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      129     62.0     930-930      930.0  200.00-200.00  200.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     129     62.0     930-930      930.0  200.00-200.00  200.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     253     61.5     810-930      899.0  190.00-200.00  198.50
DAIRYBRED STEER/HEIFER - 
  No Reportable Trade.  
MIXED STEER/HEIFER/COW -  
  No Reportable Trade.  

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     160        1,400.00          118.00
 Live    Heifer
 Dressed Steer                   1,214          871.10          188.48
 Dressed Heifer                    340          819.00          190.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   4,878        1,416.80          122.34
 Live    Heifer                    164        1,255.20          122.71
 Dressed Steer                   5,384          897.50          194.26
 Dressed Heifer                    790          799.20          195.38

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,164        1,413.00          119.67
 Live    Heifer                    548        1,210.70          118.82
 Dressed Steer                   2,084          884.80          188.51
 Dressed Heifer                    437          722.00          186.50

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
1130C







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