LM_CT137 St Joseph, MO Thu May 16, 2019 USDA Market News Service IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary Roundup for: Wednesday, 05/15/2019 For Wednesday negotiated cash trading was limited on light demand. A very few live cash trades moved at 116.00 to 118.00. However, not enough trades for a full market trend. The last fully reported market was last week live and dressed cash trades moved from 119.00 to 122.50 and from 190.00 to 196.00, respectively. 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: 5,582 Week ago: 11,516 Year ago: 5,747 Week to Date: 8,475 Week ago: 24,262 Year ago: 18,872 NEGOTIATED GRID BASE: Confirmed: 328 Week ago: 882 Year ago: 746 Week to Date: 1,026 Week ago: 1,878 Year ago: 1,794 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 STEER - LIVE - FOB Over 80% Choice 1,561 63.6 1,375-1,450 1,411.6 116.00-118.00 117.80 65 - 80% Choice 1,560 63.3 1,325-1,525 1,364.2 116.00-119.00 116.14 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,121 63.5 1,325-1,525 1,387.9 116.00-119.00 116.97 STEER - LIVE - DELIVERED Over 80% Choice 22 63.5 1,450-1,450 1,450.0 118.00-118.00 118.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 22 63.5 1,450-1,450 1,450.0 118.00-118.00 118.00 STEER - DRESSED - DELIVERED Over 80% Choice 787 63.8 850-983 918.6 185.00-187.00 186.01 65 - 80% Choice 320 63.0 850-897 868.9 185.00-185.00 185.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,107 63.6 850-983 904.2 185.00-187.00 185.72 STEER - DRESSED - FOB Over 80% Choice 140 65.0 910-910 910.0 185.00-185.00 185.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 140 65.0 910-910 910.0 185.00-185.00 185.00 HEIFER - LIVE - FOB Over 80% Choice 288 63.7 1,175-1,475 1,276.7 116.00-118.00 117.40 65 - 80% Choice 44 62.8 1,250-1,250 1,250.0 116.00-116.00 116.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 332 63.6 1,175-1,475 1,273.1 116.00-118.00 117.22 HEIFER - LIVE - DELIVERED Over 80% Choice 20 63.5 1,275-1,275 1,275.0 118.50-118.50 118.50 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 20 63.5 1,275-1,275 1,275.0 118.50-118.50 118.50 HEIFER - DRESSED - DELIVERED Over 80% Choice 369 63.0 759-777 770.8 186.00-187.00 186.43 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 369 63.0 759-777 770.8 186.00-187.00 186.43 HEIFER - DRESSED - FOB No Reportable Trade. MIXED STEER/HEIFER - LIVE - FOB Over 80% Choice 170 62.5 1,200-1,200 1,200.0 116.00-116.00 116.00 65 - 80% Choice 130 62.7 1,250-1,250 1,250.0 115.50-115.50 115.50 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 300 62.6 1,200-1,250 1,221.7 115.50-116.00 115.78 MIXED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 40 62.0 837-837 837.0 187.00-187.00 187.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 40 62.0 837-837 837.0 187.00-187.00 187.00 ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades 3,753 63.4 1,175-1,525 1,364.5 115.50-119.00 116.89 ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades 1,516 63.4 759-983 870.0 185.00-187.00 185.93 DAIRYBRED STEER/HEIFER No Reportable Trade. MIXED STEER/HEIFER/COW 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 STEER - LIVE - FOB No Reportable Trade. STEER - DRESSED - DELIVERED Over 80% Choice 185 63.5 838-910 864.7 187.00-188.00 187.22 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 185 63.5 838-910 864.7 187.00-188.00 187.22 HEIFER - LIVE - FOB No Reportable Trade. HEIFER - DRESSED - DELIVERED Over 80% Choice 40 63.3 774-774 774.0 188.00-188.00 188.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 40 63.3 774-774 774.0 188.00-188.00 188.00 MIXED STEER/HEIFER - LIVE - FOB No Reportable Trade. MIXED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 80 63.0 781-857 819.2 188.00-188.00 188.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 80 63.0 781-857 819.2 188.00-188.00 188.00 ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB Total all grades - - ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED Total all grades 305 63.3 774-910 840.8 187.00-188.00 187.52 DAIRYBRED STEER/HEIFER - LIVE - FOB No Reportable Trade. DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED Over 80% Choice 23 58.8 799-799 799.0 158.00-158.00 158.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 23 58.8 799-799 799.0 158.00-158.00 158.00 MIXED STEER/HEIFER/COW No Reportable Trade. IOWA/MINNESOTA - IA,MN WEEKLY ACCUMULATED Head Count Avg Weight Avg Price Live Steer 3,281 1,388.50 117.02 Live Heifer 332 1,273.10 117.22 Dressed Steer 2,321 886.90 187.16 Dressed Heifer 709 793.90 188.14 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 7,722 1,413.30 121.72 Live Heifer 1,778 1,270.10 120.35 Dressed Steer 8,228 883.50 193.06 Dressed Heifer 1,647 785.30 193.38 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 8,153 1,410.40 118.17 Live Heifer 548 1,210.70 118.82 Dressed Steer 3,380 885.00 186.25 Dressed Heifer 648 734.40 186.50 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 .