IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Wed Oct 16, 2019    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:       1,685            Week ago:      295          Year ago:    6,895
Week to Date:    4,209            Week ago:    2,622          Year ago:   14,419

NEGOTIATED GRID BASE:
Confirmed:          82            Week ago:                   Year ago:    1,235
Week to Date:      860            Week ago:    1,080          Year ago:    2,220


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       590     62.3   1,475-1,550  1,498.3  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      590     62.3   1,475-1,550  1,498.3  111.00-111.00  111.00
STEERS: LIVE DELIVERED
Over 80% Choice        26     63.0   1,450-1,450  1,450.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       26     63.0   1,450-1,450  1,450.0  110.00-110.00  110.00
STEERS: DRESSED DELIVERED
No Reportable Trade.
STEERS: DRESSED FOB
No Reportable Trade.
HEIFERS: LIVE FOB
Over 80% Choice       694     62.5   1,325-1,375  1,354.0  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      694     62.5   1,325-1,375  1,354.0  111.00-111.00  111.00
HEIFERS: LIVE DELIVERED
Over 80% Choice        42     63.0   1,250-1,250  1,250.0  110.00-110.00  110.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       42     63.0   1,250-1,250  1,250.0  110.00-110.00  110.00
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       295     62.2   1,350-1,475  1,448.3  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      295     62.2   1,350-1,475  1,448.3  111.00-111.00  111.00
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        38     63.8     882-882      882.9  171.00-171.00  171.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       38     63.8     882-882      882.9  171.00-171.00  171.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            1,579     62.3   1,325-1,550  1,425.6  111.00-111.00  111.00

LIVE DELIVERED         68     63.0   1,250-1,450  1,326.5  110.00-110.00  110.00

DRESSED DELIVERED      38     63.8     882-882      882.9  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        27     62.0     833-833      833.3  163.00-163.00  163.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       27     62.0     833-833      833.3  163.00-163.00  163.00
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED      27     62.0     833-833      833.3  163.00-163.00  163.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        34     59.8     866-866      866.4  154.00-154.00  154.00
65 - 80% Choice        21     58.0     800-800      800.0  150.00-150.00  150.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       55     59.1     800-866      841.0  150.00-154.00  152.47
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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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