IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Wed Oct 16, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Tuesday, 10/15/2019

On Tuesday trade was limited on light demand. A few live trades moved at 111
.00. However, not enough trades for a full market trend. Last week, live
purchases traded mostly at 109.00. Dressed purchases traded at 172.00.

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:       2,116            Week ago:    2,209          Year ago:    7,292
Week to Date:    2,524            Week ago:    2,327          Year ago:    7,524

NEGOTIATED GRID BASE:
Confirmed:         302            Week ago:      391          Year ago:      473
Week to Date:      778            Week ago:    1,080          Year ago:      985


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
STEERS: LIVE FOB
Over 80% Choice     1,942     62.3   1,400-1,575  1,567.6  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,942     62.3   1,400-1,575  1,567.6  111.00-111.00  111.00
STEERS: LIVE DELIVERED
Over 80% Choice        32     63.0   1,350-1,350  1,350.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       32     63.0   1,350-1,350  1,350.0  110.00-110.00  110.00
STEERS: DRESSED DELIVERED
No Reportable Trade.
STEERS: DRESSED FOB
No Reportable Trade.
HEIFERS: LIVE FOB
Over 80% Choice        82     62.2   1,250-1,250  1,250.0  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       82     62.2   1,250-1,250  1,250.0  111.00-111.00  111.00
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        22     62.0   1,400-1,400  1,400.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       22     62.0   1,400-1,400  1,400.0  110.00-110.00  110.00
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        38     63.5     879-879      879.5  171.00-171.00  171.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       38     63.5     879-879      879.5  171.00-171.00  171.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            2,024     62.3   1,250-1,575  1,554.7  111.00-111.00  111.00

LIVE DELIVERED         54     62.6   1,350-1,400  1,370.4  110.00-110.00  110.00

DRESSED DELIVERED      38     63.5     879-879      879.5  171.00-171.00  171.00

DRESSED FOB                               -                      -
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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
STEERS: LIVE FOB
No Reportable Trade.
STEERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       231     61.5     762-834      782.0  163.00-170.00  165.33
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      231     61.5     762-834      782.0  163.00-170.00  165.33
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     231     61.5     762-834      782.0  163.00-170.00  165.33
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        35     59.0     840-840      840.8  154.00-154.00  154.00
65 - 80% Choice        36     58.0     800-800      800.0  150.00-150.00  150.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       71     58.5     800-840      820.1  150.00-154.00  151.97
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   2,195        1,559.80          110.88
 Live    Heifer                     82        1,250.00          111.00
 Dressed Steer                      35          896.00          177.00
 Dressed Heifer

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,114        1,471.90          109.00
 Live    Heifer                    148        1,275.00          109.00
 Dressed Steer
 Dressed Heifer                     78          822.40          170.00

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     581        1,488.00          109.00
 Live    Heifer                     39        1,325.00          109.00
 Dressed Steer                   4,950          946.80          173.69
 Dressed Heifer                    978          844.90          173.40

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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