LM_CT137
St Joseph, MO    Thu May 30, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Wednesday, 05/29/2019

On Wednesday, negotiated cash trade was light on light to moderate demand.
However not enough purchases for an adequate market test. For the previous
week in the Western Cornbelt, live purchases traded from 116.00-118.00 with
dressed purchases from 184.00-186.00.

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:       1,504            Week ago:   12,840          Year ago:    1,116
Week to Date:    1,775            Week ago:   14,598          Year ago:    1,259

NEGOTIATED GRID BASE:
Confirmed:         216            Week ago:      756          Year ago:      137
Week to Date:      258            Week ago:    1,711          Year ago:      206


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      130     63.3   1,335-1,335  1,335.0  116.50-116.50  116.50
 65 - 80% Choice       88     63.1   1,375-1,375  1,375.0  116.50-116.50  116.50
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     218     63.2   1,335-1,375  1,351.1  116.50-116.50  116.50
STEER - LIVE - DELIVERED
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice      548     64.0     850-947      916.8  185.00-188.00  186.43
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     548     64.0     850-947      916.8  185.00-188.00  186.43
STEER - DRESSED - FOB
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice       42     63.3   1,250-1,250  1,250.0  116.00-116.00  116.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     63.3   1,250-1,250  1,250.0  116.00-116.00  116.00
HEIFER - LIVE - DELIVERED
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       42     62.0     713-713      713.0  185.00-185.00  185.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     62.0     713-713      713.0  185.00-185.00  185.00
HEIFER - DRESSED - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      580     62.2     728-885      844.9  184.00-187.00  184.97
 65 - 80% Choice       55     62.7     834-868      845.6  185.00-188.00  185.98
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     635     62.2     728-885      845.0  184.00-188.00  185.06
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     260     63.2   1,250-1,375  1,334.8  116.00-116.50  116.42
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   1,225     63.0     713-947      872.6  184.00-188.00  185.67
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 
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       47     62.0     806-806      806.0  188.00-188.00  188.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      47     62.0     806-806      806.0  188.00-188.00  188.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       76     61.9     737-850      795.8  185.00-188.00  186.12
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      76     61.9     737-850      795.8  185.00-188.00  186.12
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     123     62.0     737-850      799.7  185.00-188.00  186.84
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       58     59.3     798-885      865.5  148.00-150.00  149.55
 65 - 80% Choice       35     58.0     800-800      800.0  148.00-148.00  148.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      93     58.8     798-885      840.8  148.00-150.00  148.97
MIXED STEER/HEIFER/COW 
 No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     218        1,351.10          116.50
 Live    Heifer                     42        1,250.00          116.00
 Dressed Steer                     622          907.00          186.38
 Dressed Heifer                     42          713.00          185.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,837        1,422.00          117.25
 Live    Heifer                    679        1,272.10          115.48
 Dressed Steer                   2,784          910.10          185.52
 Dressed Heifer                    979          785.20          184.80

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     737        1,454.70          108.90
 Live    Heifer                    246        1,350.00          108.00
 Dressed Steer                     140          838.10          177.00
 Dressed Heifer

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







.