LM_CT137
St Joseph, MO    Fri Apr 12, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 04/11/2019

On Thursday, negotiated cash trade was inactive light demand, not enough sales
for a market trend. The last established market in the Western Cornbelt was
last week with live and dressed purchases trading from 127.00-128.00 and 204
.00-206.00 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:       1,178            Week ago:    5,369          Year ago:    2,124
Week to Date:    5,033            Week ago:   11,403          Year ago:    3,520

NEGOTIATED GRID BASE:
Confirmed:         194            Week ago:      700          Year ago:      360
Week to Date:      991            Week ago:    2,120          Year ago:      714


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      409     63.4   1,450-1,475  1,467.2  128.00-129.00  128.32
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     409     63.4   1,450-1,475  1,467.2  128.00-129.00  128.32
STEER - LIVE - DELIVERED
 Over 80% Choice       35     63.3   1,300-1,300  1,300.0  128.00-128.00  128.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      35     63.3   1,300-1,300  1,300.0  128.00-128.00  128.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      226     63.4     822-928      898.9  203.00-204.00  203.84
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     226     63.4     822-928      898.9  203.00-204.00  203.84
STEER - DRESSED - FOB
 Over 80% Choice      114     64.0     864-864      864.0  203.50-203.50  203.50
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     114     64.0     864-864      864.0  203.50-203.50  203.50
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - LIVE - DELIVERED
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      150     63.0     771-787      778.5  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     150     63.0     771-787      778.5  204.00-204.00  204.00
HEIFER - DRESSED - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      112     63.0     850-866      860.3  204.00-204.00  204.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     112     63.0     850-866      860.3  204.00-204.00  204.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     409     63.4   1,450-1,475  1,467.2  128.00-129.00  128.32
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     488     63.2     771-928      853.0  203.00-204.00  203.92
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       12     59.0     767-767      767.0  170.00-170.00  170.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     59.0     767-767      767.0  170.00-170.00  170.00
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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      120     63.5     857-904      872.7  206.00-206.00  206.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice       74     60.0     810-810      810.0  195.00-195.00  195.00
  0 - 35% Choice                          -                      -
 Total all grades     194     62.2     810-904      848.8  195.00-206.00  201.80
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     194     62.2     810-904      848.8  195.00-206.00  201.80
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                   1,736        1,417.00          127.94
 Live    Heifer                    162        1,268.50          128.36
 Dressed Steer                     385          887.00          204.23
 Dressed Heifer                    721          785.90          204.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   2,333        1,487.00          127.14
 Live    Heifer                  1,532        1,305.50          127.75
 Dressed Steer                   3,911          935.40          204.20
 Dressed Heifer                    745          828.40          204.33

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,208        1,398.30          118.21
 Live    Heifer                    351        1,276.10          119.54
 Dressed Steer                     425          888.40          187.60
 Dressed Heifer                    221          790.40          186.09

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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