LM_CT137
St Joseph, MO    Fri Jan 25, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 01/24/2019

On Thursday, negotiated cash trade was mostly inactive on light demand. Not
enough trades for a market trend. The latest established market was last week
with live purchases from 123.00-125.00 and dressed purchases at 197.00.

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:         849            Week ago:      383          Year ago:       73
Week to Date:    3,004            Week ago:    1,098          Year ago:      490

NEGOTIATED GRID BASE:
Confirmed:         276            Week ago:      244          Year ago:      361
Week to Date:    4,391            Week ago:      908          Year ago:    1,255


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       75     63.5   1,450-1,450  1,450.0  124.00-124.00  124.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      75     63.5   1,450-1,450  1,450.0  124.00-124.00  124.00
STEER - LIVE - DELIVERED
 No Reportable Trade.  
STEER - DRESSED - DELIVERED
 Over 80% Choice      441     62.5     956-984      961.0  196.00-197.00  196.17
 65 - 80% Choice      115     63.0     945-945      945.0  197.00-197.00  197.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     556     62.6     945-984      957.7  196.00-197.00  196.34
STEER - DRESSED - FOB
 No Reportable Trade.  
HEIFER - LIVE - FOB
 No Reportable Trade.  
HEIFER - LIVE - DELIVERED
 No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      162     62.7     759-809      783.9  195.00-197.00  195.99
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     162     62.7     759-809      783.9  195.00-197.00  195.99
HEIFER - DRESSED - FOB
 No Reportable Trade.  
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       56     63.3     882-889      886.8  197.00-198.00  197.68
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      56     63.3     882-889      886.8  197.00-198.00  197.68
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades      75     63.5   1,450-1,450  1,450.0  124.00-124.00  124.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     774     62.7     759-984      916.2  195.00-198.00  196.36
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      198     63.4     866-925      900.2  196.00-199.00  197.79
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     198     63.4     866-925      900.2  196.00-199.00  197.79
HEIFER 
 No Reportable Trade.  
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       12     63.0     850-850      850.0  199.00-199.00  199.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     63.0     850-850      850.0  199.00-199.00  199.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     210     63.4     850-925      897.3  196.00-199.00  197.86
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       37     58.0     841-841      841.0  153.00-153.00  153.00
 65 - 80% Choice       29     58.0     800-800      800.0  142.00-142.00  142.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      66     58.0     800-841      823.0  142.00-153.00  148.17
MIXED STEER/HEIFER/COW 
 No Reportable Trade.  

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                     757        1,456.70          124.69
 Live    Heifer                    465        1,353.20          123.99
 Dressed Steer                     850          957.50          196.53
 Dressed Heifer                    224          793.60          196.27

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     360        1,405.30          125.00
 Live    Heifer                    114        1,396.10          123.72
 Dressed Steer                      35          958.80          197.00
 Dressed Heifer                     64          815.80          195.88

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                      17        1,475.00          123.50
 Live    Heifer
 Dressed Steer                      53          917.00          194.00
 Dressed Heifer                     20          825.00          194.00

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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