LM_CT137
St Joseph, MO    Mon Feb 17, 2020    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 02/14/2020

On Friday trade was mostly inactive on light demand. The latest established
market in Western Cornbelt was on Thursday with live and dressed purchases at
119.00 and 190.00.  

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:         855            Week ago:    9,079          Year ago:   12,016
Week to Date:   15,389            Week ago:   15,329          Year ago:   20,725

NEGOTIATED GRID BASE:
Confirmed:         217            Week ago:    1,211          Year ago:      366
Week to Date:    2,605            Week ago:    2,515          Year ago:    4,794


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       172     63.7   1,450-1,550  1,529.1  119.00-119.00  119.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      172     63.7   1,450-1,550  1,529.1  119.00-119.00  119.00
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       337     63.8     968-1,008    989.6  190.00-191.00  190.47
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      337     63.8     968-1,008    989.6  190.00-191.00  190.47
STEERS: DRESSED FOB
No Reportable Trade.
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice        78     63.3     825-850      837.2  190.00-190.00  190.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       78     63.3     825-850      837.2  190.00-190.00  190.00
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice        38     63.8   1,425-1,425  1,425.0  120.00-120.00  120.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       38     63.8   1,425-1,425  1,425.0  120.00-120.00  120.00
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       190     62.4     841-914      900.6  190.00-191.00  190.06
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      190     62.4     841-914      900.6  190.00-191.00  190.06
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB              210     63.7   1,425-1,550  1,510.2  119.00-120.00  119.18

LIVE DELIVERED                            -                      -

DRESSED DELIVERED     605     63.3     825-1,008    942.0  190.00-191.00  190.28

DRESSED FOB                               -                      -
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        40     59.0     811-811      811.2  155.00-155.00  155.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       40     59.0     811-811      811.2  155.00-155.00  155.00
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        31     61.0     850-850      850.0  184.00-184.00  184.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       31     61.0     850-850      850.0  184.00-184.00  184.00
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       114     64.1     816-819      817.1  190.00-190.00  190.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      114     64.1     816-819      817.1  190.00-190.00  190.00
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        72     63.0     850-882      865.4  186.00-191.00  188.36
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       72     63.0     850-882      865.4  186.00-191.00  188.36
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     217     63.3     816-882      837.8  184.00-191.00  188.60
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                   3,997        1,522.50          118.72
 Live    Heifer                    606        1,355.40          119.52
 Dressed Steer                   5,546          952.90          190.22
 Dressed Heifer                  3,142          825.60          190.13

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   5,163        1,505.90          121.21
 Live    Heifer                  1,387        1,297.20          121.40
 Dressed Steer                   2,058          949.70          192.68
 Dressed Heifer                  1,880          848.60          192.86

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   6,653        1,520.10          124.86
 Live    Heifer                  3,002        1,357.10          124.64
 Dressed Steer                   4,656          926.20          199.77
 Dressed Heifer                  1,822          814.40          199.58

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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