LM_CT147 St Joseph, MO Mon Jun 24, 2019 USDA Market News Service IOWA-MINNESOTA WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Week ending Sunday, 06/23/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 7,666 553 8,219 12,293 9,133 Negotiated Grid Net: 2,671 55 2,726 3,578 2,869 Forward Contract Net: 6,882 1,652 8,534 8,567 7,892 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,420 702-952 873 63.4 183.66-220.43 188.48 65 - 80% Choice 1,046 822-900 877 62.9 184.58-188.66 185.32 35 - 65% Choice 695 803-891 828 62.3 183.51-185.00 184.15 0 - 35% Choice - - Total all grades 4,161 702-952 866 63.1 183.51-220.43 186.96 HEIFER Over 80% Choice 648 656-832 776 63.8 184.41-195.69 191.19 65 - 80% Choice 199 771-864 834 63.3 186.41-188.22 187.64 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 847 656-864 789 63.7 184.41-195.69 190.36 MIXED STEER/HEIFER Over 80% Choice 1,245 709-894 804 62.4 176.86-193.97 185.59 65 - 80% Choice 119 763-949 842 62.1 175.64-190.17 182.71 35 - 65% Choice 258 710-737 720 60.7 157.50-181.64 173.86 0 - 35% Choice - - Total all grades 1,622 709-949 793 62.1 157.50-193.97 183.52 ALL STEERS & HEIFERS 6,630 656-952 839 62.9 157.50-220.43 186.55 MIXED STEER/HEIFER/COW Over 80% Choice 135 668-678 672 59.2 133.72-136.83 135.68 65 - 80% Choice - - 35 - 65% Choice 155 748-903 830 59.6 158.67-166.04 160.98 0 - 35% Choice 746 815-953 884 59.0 136.51-156.47 149.67 Total all grades 1,036 668-953 848 59.1 133.72-166.04 149.54 DAIRYBRED STEER/HEIFER No Reportable Trade. FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 433 1,228-1,406 1,284 63.7 110.89-123.13 119.50 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 433 1,228-1,406 1,284 63.7 110.89-123.13 119.50 HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 120 1,282-1,327 1,302 63.2 115.75-130.20 125.55 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 120 1,282-1,327 1,302 63.2 115.75-130.20 125.55 ALL STEERS & HEIFERS 553 1,228-1,406 1,288 63.6 110.89-130.20 120.81 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 555 770-979 887 63.6 179.76-190.86 184.40 65 - 80% Choice 253 772-897 851 63.2 183.47-189.34 188.76 35 - 65% Choice 309 778-883 834 63.0 186.57-189.08 188.73 0 - 35% Choice - - Total all grades 1,117 770-979 864 63.3 179.76-190.86 186.58 HEIFER Over 80% Choice 113 692-828 786 63.0 183.79-191.68 189.53 65 - 80% Choice - - 35 - 65% Choice 35 776-776 776 62.7 186.84-186.84 186.84 0 - 35% Choice - - Total all grades 148 692-828 784 62.9 183.79-191.68 188.89 MIXED STEER/HEIFER Over 80% Choice 639 678-881 783 62.5 176.31-189.38 184.68 65 - 80% Choice 258 696-922 793 61.8 179.29-188.74 183.84 35 - 65% Choice 66 774-782 780 60.2 178.37-185.13 180.42 0 - 35% Choice - - Total all grades 963 678-922 786 62.1 176.31-189.38 184.16 ALL STEERS & HEIFERS 2,228 678-979 825 62.8 176.31-191.68 185.69 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 297 768-992 889 59.8 148.90-158.56 153.43 65 - 80% Choice 146 819-860 837 59.8 144.03-149.98 148.17 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 443 768-992 872 59.8 144.03-158.56 151.70 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER No Reportable Trade. HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 55 1,275-1,327 1,291 63.5 115.00-118.84 116.19 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 55 1,275-1,327 1,291 63.5 115.00-118.84 116.19 ALL STEERS & HEIFERS 55 1,275-1,327 1,291 63.5 115.00-118.84 116.19 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 34 932-932 932 63.8 189.87-189.87 189.87 65 - 80% Choice 1,056 775-900 836 62.6 190.00-198.27 191.33 35 - 65% Choice 123 809-821 813 61.6 190.52-196.61 194.63 0 - 35% Choice - - Total all grades 1,213 775-932 836 62.6 189.87-198.27 191.62 HEIFER Over 80% Choice 408 767-823 799 63.3 187.61-201.29 194.47 65 - 80% Choice - - 35 - 65% Choice 40 784-784 784 62.5 192.05-192.05 192.05 0 - 35% Choice - - Total all grades 448 767-823 798 63.2 187.61-201.29 194.25 MIXED STEER/HEIFER Over 80% Choice 398 750-797 779 63.7 190.61-196.00 195.02 65 - 80% Choice - - 35 - 65% Choice 540 762-762 762 63.0 189.21-189.21 189.21 0 - 35% Choice - - Total all grades 938 750-797 769 63.3 189.21-196.00 191.68 ALL STEERS & HEIFERS 2,599 750-932 805 62.9 187.61-201.29 192.10 MIXED STEER/HEIFER/COW Over 80% Choice 38 819-819 819 62.5 185.95-185.95 185.95 65 - 80% Choice - - 35 - 65% Choice 45 816-816 816 63.2 186.65-186.65 186.65 0 - 35% Choice - - Total all grades 83 816-819 818 62.9 185.95-186.65 186.33 DAIRYBRED STEER/HEIFER Over 80% Choice 3,110 725-966 855 60.2 150.52-183.90 167.05 65 - 80% Choice 574 740-895 820 59.7 148.40-172.96 163.63 35 - 65% Choice 516 666-862 791 59.7 150.23-175.46 162.82 0 - 35% Choice - - Total all grades 4,200 666-966 843 60.1 148.40-183.90 166.06 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 856 1,128-1,417 1,289 62.7 117.77-139.82 126.96 65 - 80% Choice 40 1,416-1,416 1,416 63.2 121.00-121.00 121.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 896 1,128-1,417 1,294 62.7 117.77-139.82 126.70 HEIFER Over 80% Choice 402 1,211-1,216 1,214 63.2 113.90-115.88 114.80 65 - 80% Choice 41 1,192-1,192 1,192 63.2 118.00-118.00 118.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 443 1,192-1,216 1,212 63.2 113.90-118.00 115.10 MIXED STEER/HEIFER Over 80% Choice 149 1,254-1,350 1,295 61.8 115.70-122.87 118.62 65 - 80% Choice 164 1,144-1,245 1,206 63.2 116.40-118.00 117.57 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 313 1,144-1,350 1,248 62.5 115.70-122.87 118.07 ALL STEERS & HEIFERS 1,652 1,128-1,417 1,263 62.8 113.90-139.82 121.95 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. 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 .