LM_CT137 St Joseph, MO Mon Mar 02, 2020 USDA Market News Service IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary Roundup for: Friday, 02/28/2020 On Friday, negotiated cash trade and demand was light to moderate in the Western Cornbelt. A few dressed purchases in the Western Cornbelt were reported from 178.00-182.00, however not enough for an adequate market test. The latest established dressed market was on Thursday with purchases from 180 .00-183.00, bulk at 183.00. Compared to last week, a few live purchases traded 7.00 lower from 112.00-113.00. 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: 5,709 Week ago: 9,017 Year ago: 26,451 Week to Date: 28,372 Week ago: 24,051 Year ago: 27,822 NEGOTIATED GRID BASE: Confirmed: 431 Week ago: 600 Year ago: 5,866 Week to Date: 3,439 Week ago: 3,142 Year ago: 6,979 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 1,731 63.0 1,450-1,620 1,514.7 112.00-113.00 112.26 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,731 63.0 1,450-1,620 1,514.7 112.00-113.00 112.26 STEERS: LIVE DELIVERED Over 80% Choice 36 63.2 1,525-1,525 1,525.0 112.00-112.00 112.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 36 63.2 1,525-1,525 1,525.0 112.00-112.00 112.00 STEERS: DRESSED DELIVERED Over 80% Choice 2,660 62.3 878-1,071 989.1 178.00-182.00 180.79 65 - 80% Choice 40 60.5 801-801 801.6 180.00-180.00 180.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,700 62.3 801-1,071 986.3 178.00-182.00 180.78 STEERS: DRESSED FOB No Reportable Trade. HEIFERS: LIVE FOB Over 80% Choice 461 62.6 1,300-1,400 1,336.8 112.00-112.00 112.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 461 62.6 1,300-1,400 1,336.8 112.00-112.00 112.00 HEIFERS: LIVE DELIVERED No Reportable Trade. HEIFERS: DRESSED DELIVERED Over 80% Choice 308 63.0 819-834 828.6 180.00-182.00 180.78 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 308 63.0 819-834 828.6 180.00-182.00 180.78 HEIFERS: DRESSED FOB Over 80% Choice 44 62.0 806-806 806.0 181.00-181.00 181.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 44 62.0 806-806 806.0 181.00-181.00 181.00 MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice 261 63.1 1,300-1,400 1,321.8 112.00-113.00 112.73 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 261 63.1 1,300-1,400 1,321.8 112.00-113.00 112.73 MIXED STEER/HEIFERS: LIVE DELIVERED No Reportable Trade. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 128 62.2 868-894 881.8 181.00-183.00 181.91 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 128 62.2 868-894 881.8 181.00-183.00 181.91 MIXED STEER/HEIFERS: DRESSED FOB No Reportable Trade. ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 2,453 62.9 1,300-1,620 1,460.8 112.00-113.00 112.26 LIVE DELIVERED 36 63.2 1,525-1,525 1,525.0 112.00-112.00 112.00 DRESSED DELIVERED 3,136 62.4 801-1,071 966.6 178.00-183.00 180.83 DRESSED FOB 44 62.0 806-806 806.0 181.00-181.00 181.00 DAIRYBRED STEER/HEIFERS: LIVE FOB No Reportable Trade. DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 40 59.0 811-811 811.2 145.00-145.00 145.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 40 59.0 811-811 811.2 145.00-145.00 145.00 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 18 63.5 841-841 841.0 181.00-181.00 181.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 18 63.5 841-841 841.0 181.00-181.00 181.00 HEIFERS: LIVE FOB No Reportable Trade. HEIFERS: DRESSED DELIVERED No Reportable Trade. MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice 300 63.5 1,300-1,550 1,445.7 112.00-112.00 112.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 300 63.5 1,300-1,550 1,445.7 112.00-112.00 112.00 MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 78 62.2 821-875 847.6 180.00-181.00 180.51 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 78 62.2 821-875 847.6 180.00-181.00 180.51 ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 300 63.5 1,300-1,550 1,445.7 112.00-112.00 112.00 DRESSED DELIVERED 96 62.5 821-875 846.3 180.00-181.00 180.60 DAIRYBRED STEER/HEIFERS: LIVE FOB No Reportable Trade. DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice - - 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 35 58.0 800-800 800.0 148.00-148.00 148.00 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 4,740 1,502.30 114.47 Live Heifer 1,603 1,340.90 113.98 Dressed Steer 11,211 961.20 184.07 Dressed Heifer 4,774 846.70 184.24 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 10,291 1,500.70 119.59 Live Heifer 1,802 1,341.10 119.00 Dressed Steer 5,463 944.80 190.08 Dressed Heifer 2,417 849.10 190.03 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 6,669 1,479.30 128.90 Live Heifer 3,582 1,357.30 128.50 Dressed Steer 7,496 926.60 205.15 Dressed Heifer 3,217 831.80 204.77 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 .