LM_CT137
St Joseph, MO    Fri Oct 25, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 10/24/2019

Trade and demand was moderate on Thursday. Compared to the previous week in
the Western Cornbelt, early live purchases traded steady to 1.00 lower from
110.00-111.00, bulk at 110.00. Dressed purchases compared to last week traded
steady to 1.00 higher from 174.00-175.00 on a light test.

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:      10,602            Week ago:    1,575          Year ago:    1,051
Week to Date:   12,663            Week ago:    5,784          Year ago:    7,474

NEGOTIATED GRID BASE:
Confirmed:         609            Week ago:      711          Year ago:      254
Week to Date:    1,675            Week ago:    1,694          Year ago:    1,348


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     2,784     62.6   1,350-1,610  1,526.4  108.00-111.00  109.95
65 - 80% Choice       190     63.0   1,500-1,500  1,500.0  110.00-110.00  110.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,974     62.7   1,350-1,610  1,524.7  108.00-111.00  109.95
STEERS: LIVE DELIVERED
Over 80% Choice        36     64.0   1,500-1,500  1,500.0  112.00-112.00  112.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       36     64.0   1,500-1,500  1,500.0  112.00-112.00  112.00
STEERS: DRESSED DELIVERED
Over 80% Choice     2,191     63.4     859-1,023    979.1  174.00-175.00  174.61
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,191     63.4     859-1,023    979.1  174.00-175.00  174.61
STEERS: DRESSED FOB
Over 80% Choice     1,666     63.7     889-965      944.3  173.00-174.00  173.36
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,666     63.7     889-965      944.3  173.00-174.00  173.36
HEIFERS: LIVE FOB
Over 80% Choice     1,153     62.5   1,240-1,435  1,311.9  110.00-111.00  110.03
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,153     62.5   1,240-1,435  1,311.9  110.00-111.00  110.03
HEIFERS: LIVE DELIVERED
Over 80% Choice        40     63.3   1,375-1,375  1,375.0  111.00-111.00  111.00
65 - 80% Choice        76     63.8   1,295-1,295  1,295.0  111.00-111.00  111.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      116     63.6   1,295-1,375  1,322.6  111.00-111.00  111.00
HEIFERS: DRESSED DELIVERED
Over 80% Choice       597     63.6     800-880      828.4  175.00-175.00  175.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      597     63.6     800-880      828.4  175.00-175.00  175.00
HEIFERS: DRESSED FOB
Over 80% Choice        42     63.0     787-787      787.5  175.00-175.00  175.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       42     63.0     787-787      787.5  175.00-175.00  175.00
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       588     63.4   1,275-1,525  1,426.9  109.00-111.00  110.39
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      588     63.4   1,275-1,525  1,426.9  109.00-111.00  110.39
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice       123     63.2   1,250-1,400  1,340.4  110.00-111.00  110.33
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      123     63.2   1,250-1,400  1,340.4  110.00-111.00  110.33
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice     1,076     63.1     756-1,017    881.4  170.00-175.00  174.82
65 - 80% Choice        40     62.5     843-843      843.7  175.00-175.00  175.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,116     63.1     756-1,017    880.0  170.00-175.00  174.83
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            4,715     62.7   1,240-1,610  1,460.5  108.00-111.00  110.03

LIVE DELIVERED        275     63.5   1,250-1,500  1,353.8  110.00-112.00  110.83

DRESSED DELIVERED   3,904     63.3     756-1,023    927.7  170.00-175.00  174.73

DRESSED FOB         1,708     63.7     787-965      940.5  173.00-175.00  173.40
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
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       184     63.9     832-960      890.8  173.00-177.00  174.37
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      184     63.9     832-960      890.8  173.00-177.00  174.37
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice        11     64.0     822-822      822.0  175.00-175.00  175.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       11     64.0     822-822      822.0  175.00-175.00  175.00
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       332     62.7     806-857      822.1  160.00-175.00  171.11
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      332     62.7     806-857      822.1  160.00-175.00  171.11
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     527     63.2     806-960      846.0  160.00-177.00  172.33
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        49     59.7     826-870      857.4  152.00-154.00  152.57
65 - 80% Choice        33     58.0     800-800      800.0  152.00-152.00  152.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       82     59.0     800-870      834.3  152.00-154.00  152.34
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                   4,161        1,525.90          109.99
 Live    Heifer                  1,269        1,308.70          110.03
 Dressed Steer                   2,317          974.60          174.65
 Dressed Heifer                    675          834.80          174.83

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   3,420        1,532.40          110.96
 Live    Heifer                    936        1,331.40          111.00
 Dressed Steer                     150          936.50          175.47
 Dressed Heifer                    111          836.70          175.00

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,821        1,466.80          111.29
 Live    Heifer                  1,207        1,345.00          111.47
 Dressed Steer                   1,160          956.40          175.06
 Dressed Heifer                    617          815.20          174.54

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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