LM_CT137
St Joseph, MO    Fri Nov 22, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 11/21/2019

On Thursday negotiated cash trade was light to moderate on moderate demand.
Compared to Wednesday, live and dressed purchases traded steady from 115
.00-117.00, bulk from 115.00-116.00 and 184.00.

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:       6,963            Week ago:   10,684          Year ago:   21,319
Week to Date:   23,320            Week ago:   20,274          Year ago:   37,961

NEGOTIATED GRID BASE:
Confirmed:       1,041            Week ago:    1,140          Year ago:      891
Week to Date:    2,683            Week ago:    2,254          Year ago:    3,363


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     3,103     63.3   1,425-1,600  1,523.8  114.00-117.00  115.90
65 - 80% Choice       201     63.6   1,410-1,550  1,459.5  115.00-116.00  115.65
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    3,304     63.3   1,410-1,600  1,519.9  114.00-117.00  115.88
STEERS: LIVE DELIVERED
Over 80% Choice       135     63.3   1,525-1,525  1,525.0  116.25-116.25  116.25
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      135     63.3   1,525-1,525  1,525.0  116.25-116.25  116.25
STEERS: DRESSED DELIVERED
Over 80% Choice       895     63.6     920-1,001    964.1  184.00-184.00  184.00
65 - 80% Choice        37     63.0     945-945      945.0  181.00-181.00  181.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      932     63.6     920-1,001    963.4  181.00-184.00  183.88
STEERS: DRESSED FOB
Over 80% Choice       230     63.5     968-968      968.0  183.00-183.00  183.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      230     63.5     968-968      968.0  183.00-183.00  183.00
HEIFERS: LIVE FOB
Over 80% Choice       456     63.7   1,235-1,400  1,359.9  115.00-117.00  116.57
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      456     63.7   1,235-1,400  1,359.9  115.00-117.00  116.57
HEIFERS: LIVE DELIVERED
Over 80% Choice        56     62.5   1,275-1,325  1,307.1  117.00-117.00  117.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       56     62.5   1,275-1,325  1,307.1  117.00-117.00  117.00
HEIFERS: DRESSED DELIVERED
Over 80% Choice       442     62.5     809-876      837.7  184.00-184.00  184.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      442     62.5     809-876      837.7  184.00-184.00  184.00
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       547     63.4   1,350-1,425  1,369.2  114.00-115.00  114.74
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      547     63.4   1,350-1,425  1,369.2  114.00-115.00  114.74
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       821     62.6     790-922      860.2  181.00-184.00  183.85
65 - 80% Choice        40     61.0     824-824      824.0  182.00-182.00  182.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      861     62.6     790-922      858.6  181.00-184.00  183.77
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            4,307     63.3   1,235-1,600  1,483.8  114.00-117.00  115.81

LIVE DELIVERED        191     63.1   1,275-1,525  1,461.1  116.25-117.00  116.47

DRESSED DELIVERED   2,235     63.0     790-1,001    898.1  181.00-184.00  183.86

DRESSED FOB           230     63.5     968-968      968.0  183.00-183.00  183.00
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       263     63.2     893-1,023    969.5  184.00-186.00  184.61
65 - 80% Choice        40     63.5     936-936      936.0  184.00-184.00  184.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      303     63.3     893-1,023    965.1  184.00-186.00  184.53
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       147     63.1     809-841      820.4  184.00-185.00  184.46
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      147     63.1     809-841      820.4  184.00-185.00  184.46
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       570     63.2     762-1,024    870.5  176.00-186.00  183.37
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      570     63.2     762-1,024    870.5  176.00-186.00  183.37
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED   1,020     63.2     762-1,024    891.4  176.00-186.00  183.87
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        21     59.0     855-855      855.5  154.00-154.00  154.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       21     59.0     855-855      855.5  154.00-154.00  154.00
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                   9,991        1,525.10          115.89
 Live    Heifer                  2,455        1,366.90          115.76
 Dressed Steer                   4,441          971.90          183.35
 Dressed Heifer                  1,814          836.10          183.62

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   8,340        1,533.00          115.15
 Live    Heifer                  2,591        1,327.70          115.09
 Dressed Steer                   3,107          961.80          181.79
 Dressed Heifer                  1,056          868.20          181.93

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                  16,890        1,513.30          113.38
 Live    Heifer                  4,300        1,359.90          113.74
 Dressed Steer                   7,733          946.00          180.37
 Dressed Heifer                  1,796          821.50          179.89

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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