LM_CT191 St Joseph, MO Tue Apr 07, 2020 USDA Market News Service IOWA-MINNESOTA MONTHLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Month of March 2020 DOMESTIC CATTLE ONLY Dressed: Live: Total: Month Ago: Year Ago: Formula Net: 66,347 1,011 67,358 62,081 61,503 Negotiated Grid Net: 15,183 944 16,127 11,829 16,931 Forward Contract Net: 23,216 3,815 27,031 27,672 33,615 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 27,154 795-1,107 968 63.1 156.57-204.73 184.01 65 - 80% Choice 1,693 775-1,005 945 62.9 174.66-192.94 183.86 35 - 65% Choice 468 879-932 904 62.3 180.63-190.00 185.27 0 - 35% Choice - - Total all grades 29,315 775-1,107 966 63.1 156.57-204.73 184.02 HEIFER Over 80% Choice 18,030 706-1,068 891 63.8 166.54-208.20 183.64 65 - 80% Choice 3,676 747-1,059 926 64.0 173.30-190.91 179.33 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 21,706 706-1,068 897 63.9 166.54-208.20 182.91 MIXED STEER/HEIFER Over 80% Choice 9,247 739-1,095 877 62.4 170.21-233.13 188.74 65 - 80% Choice 2,526 718-1,027 862 61.7 163.44-191.18 182.99 35 - 65% Choice 1,008 736-982 914 63.0 174.58-187.41 185.58 0 - 35% Choice - - Total all grades 12,781 718-1,095 877 62.3 163.44-233.13 187.35 ALL STEERS & HEIFERS 63,802 706-1,107 925 63.2 156.57-233.13 184.31 MIXED STEER/HEIFER/COW Over 80% Choice 160 817-892 871 61.4 174.17-187.29 179.57 65 - 80% Choice - - 35 - 65% Choice 121 726-971 820 60.6 142.92-166.55 161.15 0 - 35% Choice 1,652 733-1,031 901 57.8 134.85-158.66 150.94 Total all grades 1,933 726-1,031 894 58.3 134.85-187.29 153.95 DAIRYBRED STEER/HEIFER Over 80% Choice 82 819-819 819 59.0 145.41-145.41 145.41 65 - 80% Choice 530 747-804 778 58.4 145.41-154.00 149.11 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 612 747-819 784 58.4 145.41-154.00 148.61 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 410 1,374-1,522 1,444 63.0 113.65-134.51 123.90 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 410 1,374-1,522 1,444 63.0 113.65-134.51 123.90 HEIFER Over 80% Choice 273 1,228-1,388 1,316 62.9 109.00-129.41 120.20 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 273 1,228-1,388 1,316 62.9 109.00-129.41 120.20 MIXED STEER/HEIFER Over 80% Choice 328 1,296-1,503 1,383 62.2 115.00-135.78 127.85 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 328 1,296-1,503 1,383 62.2 115.00-135.78 127.85 ALL STEERS & HEIFERS 1,011 1,228-1,522 1,389 62.7 109.00-135.78 124.18 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,476 789-1,014 919 62.7 174.03-197.15 187.45 65 - 80% Choice 591 770-982 890 62.1 180.00-196.09 187.04 35 - 65% Choice 182 714-927 827 60.7 175.00-190.66 185.28 0 - 35% Choice - - Total all grades 3,249 714-1,014 909 62.5 174.03-197.15 187.25 HEIFER Over 80% Choice 4,031 743-958 822 62.9 176.00-196.73 188.50 65 - 80% Choice 152 779-823 803 63.0 177.78-197.77 188.13 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 4,183 743-958 821 62.9 176.00-197.77 188.49 MIXED STEER/HEIFER Over 80% Choice 4,190 702-959 848 62.3 159.65-202.68 184.10 65 - 80% Choice 746 723-933 833 61.6 165.20-192.27 183.35 35 - 65% Choice 121 685-912 811 61.1 182.96-184.17 183.64 0 - 35% Choice - - Total all grades 5,057 685-959 845 62.2 159.65-202.68 183.98 ALL STEERS & HEIFERS 12,489 685-1,014 854 62.5 159.65-202.68 186.34 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 17 820-820 820 58.9 153.10-153.10 153.10 0 - 35% Choice 172 862-914 881 56.3 145.50-145.80 145.61 Total all grades 189 820-914 876 56.6 145.50-153.10 146.29 DAIRYBRED STEER/HEIFER Over 80% Choice 1,733 768-979 854 59.1 141.18-162.51 152.67 65 - 80% Choice 587 716-858 794 58.2 144.71-161.91 153.89 35 - 65% Choice 173 704-847 770 57.5 136.81-153.00 145.44 0 - 35% Choice 12 728-728 728 57.9 146.97-146.97 146.97 Total all grades 2,505 704-979 834 58.8 136.81-162.51 152.43 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 426 1,524-1,540 1,530 63.3 120.63-122.52 121.25 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 426 1,524-1,540 1,530 63.3 120.63-122.52 121.25 HEIFER Over 80% Choice 344 1,384-1,384 1,384 62.9 122.78-122.78 122.78 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 344 1,384-1,384 1,384 62.9 122.78-122.78 122.78 MIXED STEER/HEIFER Over 80% Choice 174 1,300-1,562 1,407 63.8 113.85-114.26 114.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 174 1,300-1,562 1,407 63.8 113.85-114.26 114.00 ALL STEERS & HEIFERS 944 1,300-1,562 1,454 63.3 113.85-122.78 120.47 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 418 890-973 939 62.3 187.36-207.36 193.73 65 - 80% Choice 313 866-960 931 62.2 188.50-195.22 189.95 35 - 65% Choice 107 908-938 924 62.2 188.50-188.50 188.50 0 - 35% Choice - - Total all grades 838 866-973 934 62.2 187.36-207.36 191.65 HEIFER Over 80% Choice 384 792-926 897 63.1 182.13-215.83 189.18 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 384 792-926 897 63.1 182.13-215.83 189.18 MIXED STEER/HEIFER Over 80% Choice 254 654-879 793 63.3 162.26-201.11 193.45 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 254 654-879 793 63.3 162.26-201.11 193.45 ALL STEERS & HEIFERS 1,476 654-973 900 62.6 162.26-215.83 191.32 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - DAIRYBRED STEER/HEIFER Over 80% Choice 16,433 695-1,006 849 59.3 129.93-185.96 169.75 65 - 80% Choice 3,901 717-915 810 58.9 140.70-185.00 169.70 35 - 65% Choice 1,296 644-877 770 58.3 141.20-179.77 164.02 0 - 35% Choice 110 727-765 741 57.7 146.86-177.01 158.86 Total all grades 21,740 644-1,006 837 59.2 129.93-185.96 169.34 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,464 1,285-1,619 1,441 62.5 115.80-154.45 132.49 65 - 80% Choice 193 1,564-1,564 1,564 63.2 129.30-129.30 129.30 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,657 1,285-1,619 1,455 62.6 115.80-154.45 132.12 HEIFER Over 80% Choice 1,587 1,225-1,527 1,409 63.1 107.58-130.69 123.78 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,587 1,225-1,527 1,409 63.1 107.58-130.69 123.78 MIXED STEER/HEIFER Over 80% Choice 305 1,154-1,425 1,269 62.5 104.42-130.00 120.39 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 305 1,154-1,425 1,269 62.5 104.42-130.00 120.39 ALL STEERS & HEIFERS 3,549 1,154-1,619 1,418 62.8 104.42-154.45 127.38 MIXED STEER/HEIFER/COW Over 80% Choice 266 1,468-1,468 1,468 63.2 124.00-124.00 124.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 266 1,468-1,468 1,468 63.2 124.00-124.00 124.00 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades - - 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 .