IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Thu Jun 14, 2018    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 06/13/2018

Wednesday saw trading limited on light demand. Not enough trades for a market trend.
Last week live cash trades were at 115.00 and dressed trades were from 182.00-183.00.

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:       8,212            Week ago:      419          Year ago:    3,245
Week to Date:    9,714            Week ago:      696          Year ago:    8,687

NEGOTIATED GRID BASE:
Confirmed:         736            Week ago:      118          Year ago:    1,817
Week to Date:    1,740            Week ago:      786          Year ago:    2,792


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      545     63.2   1,400-1,475  1,420.1  110.00-115.00  112.57
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     545     63.2   1,400-1,475  1,420.1  110.00-115.00  112.57
STEER - LIVE - DELIVERED
 Over 80% Choice      384     63.7   1,375-1,400  1,395.2  115.00-115.00  115.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     384     63.7   1,375-1,400  1,395.2  115.00-115.00  115.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      927     63.5     819-985      924.0  178.00-181.00  179.90
 65 - 80% Choice    1,208     63.0     851-945      876.0  181.00-181.00  181.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,135     63.2     819-985      896.8  178.00-181.00  180.52
STEER - DRESSED - FOB
 Over 80% Choice      229     63.7     880-889      884.9  180.00-180.00  180.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     229     63.7     880-889      884.9  180.00-180.00  180.00
HEIFER - LIVE - FOB
 Over 80% Choice      218     63.5   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     218     63.5   1,250-1,250  1,250.0  110.00-110.00  110.00
HEIFER - LIVE - DELIVERED
 Over 80% Choice      114     63.2   1,225-1,300  1,250.7  112.00-114.00  112.68
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     114     63.2   1,225-1,300  1,250.7  112.00-114.00  112.68
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      643     63.4     746-819      799.1  178.00-180.00  179.65
 65 - 80% Choice      626     63.3     746-756      750.8  178.00-181.00  179.44
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,269     63.3     746-819      775.3  178.00-181.00  179.55
HEIFER - DRESSED - FOB
 Over 80% Choice      866     63.5     762-825      801.9  180.00-180.00  180.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     866     63.5     762-825      801.9  180.00-180.00  180.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      117     64.0   1,250-1,425  1,357.7  110.00-116.00  113.69
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     117     64.0   1,250-1,425  1,357.7  110.00-116.00  113.69
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      205     63.1     714-851      816.3  179.00-181.00  179.98
 65 - 80% Choice    2,005     63.0     803-898      814.5  181.00-181.00  181.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   2,210     63.0     714-898      814.6  179.00-181.00  180.90
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     880     63.4   1,250-1,475  1,369.6  110.00-116.00  112.08
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   5,614     63.2     714-985      837.0  178.00-181.00  180.45
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       47     62.3     806-837      829.2  178.00-183.00  181.72
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      47     62.3     806-837      829.2  178.00-183.00  181.72
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       70     62.0     868-868      868.0  181.00-181.00  181.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      70     62.0     868-868      868.0  181.00-181.00  181.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      295     62.3     738-850      806.4  178.00-187.00  181.52
 65 - 80% Choice       44     63.0     882-882      882.0  179.00-179.00  179.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     339     62.4     738-882      816.2  178.00-187.00  181.19
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     456     62.3     738-882      825.5  178.00-187.00  181.22
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       12     58.0     800-800      800.0  144.00-144.00  144.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     58.0     800-800      800.0  144.00-144.00  144.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   1,381        1,400.90          113.67
 Live    Heifer                    299        1,270.60          110.94
 Dressed Steer                   2,135          896.80          180.52
 Dressed Heifer                  1,269          775.30          179.55

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     335        1,439.80          114.69
 Live    Heifer
 Dressed Steer                     154          869.70          180.00
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     682        1,454.00          135.00
 Live    Heifer                     37        1,275.00          135.00
 Dressed Steer                   4,001          909.40          210.24
 Dressed Heifer                    953          747.90          207.67

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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