LM_CT137 St Joseph, MO Thu Jan 23, 2020 USDA Market News Service IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary Roundup for: Wednesday, 01/22/2020 In the Western Cornbelt trade was light to moderate on moderate demand. Compared to last week, early live purchases have traded steady to 2.00 higher mostly at 125.00. A few early dressed purchases have traded from 198.00-199.00 however not enough for an adequate market test. Last week in the Western Cornbelt dressed purchases traded from 198.00-199.00. 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: 7,049 Week ago: 560 Year ago: 1,533 Week to Date: 7,533 Week ago: 1,630 Year ago: 2,155 NEGOTIATED GRID BASE: Confirmed: 799 Week ago: 47 Year ago: 219 Week to Date: 1,162 Week ago: 964 Year ago: 4,115 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 4,587 63.0 1,400-1,630 1,550.3 123.00-126.00 124.86 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 4,587 63.0 1,400-1,630 1,550.3 123.00-126.00 124.86 STEERS: LIVE DELIVERED Over 80% Choice 80 63.2 1,350-1,350 1,350.0 126.50-126.50 126.50 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 80 63.2 1,350-1,350 1,350.0 126.50-126.50 126.50 STEERS: DRESSED DELIVERED Over 80% Choice 878 63.6 885-1,032 983.7 198.00-199.00 198.54 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 878 63.6 885-1,032 983.7 198.00-199.00 198.54 STEERS: DRESSED FOB No Reportable Trade. HEIFERS: LIVE FOB Over 80% Choice 559 62.8 1,250-1,440 1,320.2 123.00-125.00 124.27 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 559 62.8 1,250-1,440 1,320.2 123.00-125.00 124.27 HEIFERS: LIVE DELIVERED No Reportable Trade. HEIFERS: DRESSED DELIVERED Over 80% Choice 287 63.2 834-977 895.8 199.00-199.00 199.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 287 63.2 834-977 895.8 199.00-199.00 199.00 HEIFERS: DRESSED FOB No Reportable Trade. MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice 325 63.0 1,300-1,450 1,374.9 125.00-125.00 125.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 325 63.0 1,300-1,450 1,374.9 125.00-125.00 125.00 MIXED STEER/HEIFERS: LIVE DELIVERED Over 80% Choice 84 63.2 1,475-1,475 1,475.0 126.50-126.50 126.50 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 84 63.2 1,475-1,475 1,475.0 126.50-126.50 126.50 MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 249 62.5 843-899 872.7 198.00-199.00 198.46 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 249 62.5 843-899 872.7 198.00-199.00 198.46 MIXED STEER/HEIFERS: DRESSED FOB No Reportable Trade. ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 5,471 63.0 1,250-1,630 1,516.4 123.00-126.00 124.81 LIVE DELIVERED 164 63.2 1,350-1,475 1,414.0 126.50-126.50 126.50 DRESSED DELIVERED 1,414 63.3 834-1,032 946.3 198.00-199.00 198.62 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 Over 80% Choice 508 63.0 1,545-1,545 1,545.0 125.00-125.00 125.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 508 63.0 1,545-1,545 1,545.0 125.00-125.00 125.00 STEERS: DRESSED DELIVERED Over 80% Choice 195 62.5 930-945 937.0 199.00-199.00 199.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 195 62.5 930-945 937.0 199.00-199.00 199.00 HEIFERS: LIVE FOB No Reportable Trade. HEIFERS: DRESSED DELIVERED Over 80% Choice 53 63.1 790-861 807.6 192.00-199.00 197.28 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 53 63.1 790-861 807.6 192.00-199.00 197.28 MIXED STEER/HEIFERS: LIVE FOB No Reportable Trade. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 43 62.5 859-859 859.4 193.00-193.00 193.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 43 62.5 859-859 859.4 193.00-193.00 193.00 ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 508 63.0 1,545-1,545 1,545.0 125.00-125.00 125.00 DRESSED DELIVERED 291 62.6 790-945 902.0 192.00-199.00 197.80 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. IOWA/MINNESOTA - IA,MN WEEKLY ACCUMULATED Head Count Avg Weight Avg Price Live Steer 4,713 1,548.30 124.83 Live Heifer 559 1,320.20 124.27 Dressed Steer 954 983.60 198.58 Dressed Heifer 287 895.80 199.00 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer Live Heifer 309 1,300.00 127.00 Dressed Steer 469 943.30 199.19 Dressed Heifer 239 820.60 198.00 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 682 1,457.50 124.77 Live Heifer 465 1,353.20 123.99 Dressed Steer 294 957.10 196.90 Dressed Heifer 62 819.00 197.00 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 .