LM_CT137
St Joseph, MO    Mon Oct 21, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 10/18/2019

On Friday negotiated cash trading and demand were moderate. Compared to last
week live cash trades moved mostly 1.00 higher at 110.00 and dressed cash
trades, on very light test, moved 1.00 to 3.00 higher from 173.00 to 175.00.

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:      17,318            Week ago:   16,440          Year ago:    8,439
Week to Date:   23,102            Week ago:   23,983          Year ago:   43,152

NEGOTIATED GRID BASE:
Confirmed:       1,771            Week ago:      930          Year ago:      813
Week to Date:    3,465            Week ago:    2,693          Year ago:    4,658


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     6,161     63.3   1,425-1,585  1,499.8  108.00-112.00  110.14
65 - 80% Choice        76     64.5   1,425-1,425  1,425.0  112.00-112.00  112.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    6,237     63.3   1,425-1,585  1,498.9  108.00-112.00  110.17
STEERS: LIVE DELIVERED
Over 80% Choice     1,145     63.6   1,375-1,525  1,477.7  111.00-112.55  111.77
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,145     63.6   1,375-1,525  1,477.7  111.00-112.55  111.77
STEERS: DRESSED DELIVERED
Over 80% Choice     2,266     63.6     882-1,023    940.4  172.00-176.00  173.71
65 - 80% Choice       308     62.5     896-945      924.7  173.00-175.00  173.77
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,574     63.5     882-1,023    938.5  172.00-176.00  173.72
STEERS: DRESSED FOB
Over 80% Choice        35     64.0     944-944      944.0  170.00-170.00  170.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       35     64.0     944-944      944.0  170.00-170.00  170.00
HEIFERS: LIVE FOB
Over 80% Choice     2,549     63.4   1,225-1,400  1,318.6  109.00-112.00  110.15
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,549     63.4   1,225-1,400  1,318.6  109.00-112.00  110.15
HEIFERS: LIVE DELIVERED
Over 80% Choice       321     63.7   1,235-1,350  1,278.8  110.00-112.00  110.79
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      321     63.7   1,235-1,350  1,278.8  110.00-112.00  110.79
HEIFERS: DRESSED DELIVERED
Over 80% Choice       684     63.3     784-857      825.6  173.00-175.00  173.12
65 - 80% Choice       135     62.5     796-796      796.9  173.00-173.00  173.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      819     63.1     784-857      820.9  173.00-175.00  173.10
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice     2,337     63.1   1,250-1,475  1,358.3  106.00-111.00  109.77
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,337     63.1   1,250-1,475  1,358.3  106.00-111.00  109.77
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice       493     62.9   1,275-1,435  1,366.2  109.00-111.00  110.26
65 - 80% Choice        30     62.5   1,225-1,225  1,225.0  107.00-107.00  107.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      523     62.8   1,225-1,435  1,358.1  107.00-111.00  110.07
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       573     62.7     812-899      847.4  171.00-175.00  173.68
65 - 80% Choice       205     62.1     808-866      833.1  175.00-175.00  175.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      778     62.6     808-899      843.7  171.00-175.00  174.03
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB           11,123     63.3   1,225-1,585  1,428.1  106.00-112.00  110.08

LIVE DELIVERED      1,989     63.4   1,225-1,525  1,414.1  107.00-112.55  111.17

DRESSED DELIVERED   4,171     63.2     784-1,023    897.7  171.00-176.00  173.65

DRESSED FOB            35     64.0     944-944      944.0  170.00-170.00  170.00
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
Over 80% Choice        36     63.8   1,525-1,525  1,525.0  111.00-111.00  111.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       36     63.8   1,525-1,525  1,525.0  111.00-111.00  111.00
STEERS: DRESSED DELIVERED
Over 80% Choice       770     63.8     793-992      952.3  167.00-175.00  174.13
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      770     63.8     793-992      952.3  167.00-175.00  174.13
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       174     63.2     756-837      796.1  170.00-174.00  172.54
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      174     63.2     756-837      796.1  170.00-174.00  172.54
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       466     63.1     775-882      834.7  167.00-177.00  172.10
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      466     63.1     775-882      834.7  167.00-177.00  172.10
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB               36     63.8   1,525-1,525  1,525.0  111.00-111.00  111.00

DRESSED DELIVERED   1,410     63.5     756-992      894.1  167.00-177.00  173.26
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       161     59.0     826-855      845.2  154.00-154.00  154.00
65 - 80% Choice       129     58.0     800-800      800.0  150.00-150.00  150.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      290     58.6     800-855      825.1  150.00-154.00  152.22
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                   9,657        1,510.80          110.45
 Live    Heifer                  3,485        1,322.10          110.38
 Dressed Steer                   2,724          938.40          173.81
 Dressed Heifer                    930          822.80          173.32

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                   9,005        1,493.50          109.01
 Live    Heifer                  2,219        1,323.30          109.18
 Dressed Steer                   4,248          946.30          171.66
 Dressed Heifer                  1,470          829.20          171.44

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                  15,012        1,489.80          109.62
 Live    Heifer                  6,902        1,327.60          109.86
 Dressed Steer                   8,863          943.40          173.61
 Dressed Heifer                  3,084          834.70          173.68

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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