LM_CT137 St Joseph, MO Thu Feb 27, 2020 USDA Market News Service IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary Roundup for: Wednesday, 02/26/2020 On Wednesday negotiated cash trade and demand was light to moderate. Not enough purchases for an adequate market test. The latest established dressed market in the Western Cornbelt was on Tuesday with purchases from 185.00-187 .00. The latest established live market was last week, with purchases ranging from 119.00-120.00. 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: 5,430 Week ago: 624 Year ago: 673 Week to Date: 15,258 Week ago: 1,000 Year ago: 788 NEGOTIATED GRID BASE: Confirmed: 1,604 Week ago: 170 Year ago: 332 Week to Date: 2,483 Week ago: 727 Year ago: 822 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 617 63.9 1,400-1,525 1,465.7 115.50-117.50 116.69 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 617 63.9 1,400-1,525 1,465.7 115.50-117.50 116.69 STEERS: LIVE DELIVERED Over 80% Choice 185 63.2 1,550-1,550 1,550.0 116.00-116.00 116.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 185 63.2 1,550-1,550 1,550.0 116.00-116.00 116.00 STEERS: DRESSED DELIVERED Over 80% Choice 2,371 62.7 913-1,025 949.9 183.00-187.00 184.99 65 - 80% Choice 80 64.0 944-944 944.0 185.00-185.00 185.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,451 62.8 913-1,025 949.7 183.00-187.00 184.99 STEERS: DRESSED FOB Over 80% Choice 354 63.0 882-929 897.5 183.00-183.00 183.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 354 63.0 882-929 897.5 183.00-183.00 183.00 HEIFERS: LIVE FOB Over 80% Choice 200 62.3 1,350-1,450 1,430.0 114.00-117.00 114.60 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 200 62.3 1,350-1,450 1,430.0 114.00-117.00 114.60 HEIFERS: LIVE DELIVERED Over 80% Choice 207 63.2 1,385-1,385 1,385.0 116.00-116.00 116.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 207 63.2 1,385-1,385 1,385.0 116.00-116.00 116.00 HEIFERS: DRESSED DELIVERED Over 80% Choice 602 62.4 750-927 815.5 185.00-185.00 185.00 65 - 80% Choice 210 63.0 734-734 734.0 185.00-185.00 185.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 812 62.6 734-927 794.4 185.00-185.00 185.00 HEIFERS: DRESSED FOB No Reportable Trade. MIXED STEER/HEIFERS: LIVE FOB Over 80% Choice 43 64.3 1,400-1,400 1,400.0 116.50-116.50 116.50 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 43 64.3 1,400-1,400 1,400.0 116.50-116.50 116.50 MIXED STEER/HEIFERS: LIVE DELIVERED No Reportable Trade. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 561 62.3 775-868 801.5 184.00-187.00 184.64 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 561 62.3 775-868 801.5 184.00-187.00 184.64 MIXED STEER/HEIFERS: DRESSED FOB No Reportable Trade. ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB 860 63.5 1,350-1,525 1,454.1 114.00-117.50 116.19 LIVE DELIVERED 392 63.2 1,385-1,550 1,462.9 116.00-116.00 116.00 DRESSED DELIVERED 3,824 62.6 734-1,025 895.0 183.00-187.00 184.94 DRESSED FOB 354 63.0 882-929 897.5 183.00-183.00 183.00 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 216 62.6 873-931 920.6 184.00-192.00 189.37 65 - 80% Choice 120 60.0 915-915 915.0 193.00-193.00 193.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 336 61.7 873-931 918.6 184.00-193.00 190.67 HEIFERS: LIVE FOB No Reportable Trade. HEIFERS: DRESSED DELIVERED Over 80% Choice 1,085 62.5 790-853 834.9 183.00-190.00 184.71 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,085 62.5 790-853 834.9 183.00-190.00 184.71 MIXED STEER/HEIFERS: LIVE FOB No Reportable Trade. MIXED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 131 62.3 762-868 821.1 182.00-190.00 186.40 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 131 62.3 762-868 821.1 182.00-190.00 186.40 ALL BEEF TYPE STEERS AND HEIFERS LIVE FOB - - DRESSED DELIVERED 1,552 62.3 762-931 851.9 182.00-193.00 186.14 DAIRYBRED STEER/HEIFERS: LIVE FOB No Reportable Trade. DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED Over 80% Choice 35 59.5 877-877 877.6 154.00-154.00 154.00 65 - 80% Choice 17 58.0 800-800 800.0 152.00-152.00 152.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 52 59.0 800-877 852.2 152.00-154.00 153.35 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 2,326 1,497.00 116.34 Live Heifer 512 1,365.40 115.98 Dressed Steer 6,298 954.80 185.89 Dressed Heifer 2,966 832.40 185.75 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 683 1,551.70 118.39 Live Heifer 160 1,575.00 118.00 Dressed Steer Dressed Heifer SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 38 1,400.00 128.00 Live Heifer 120 1,375.00 128.00 Dressed Steer 78 922.60 202.51 Dressed Heifer 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 .