LM_CT147 St Joseph, MO Mon Aug 19, 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, 08/18/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 13,826 436 14,262 13,713 15,949 Negotiated Grid Net: 3,249 37 3,286 3,529 3,561 Forward Contract Net: 4,638 3,692 8,330 6,872 6,401 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 5,357 772-972 907 63.2 179.87-199.47 184.76 65 - 80% Choice 2,405 777-967 915 63.3 180.00-188.84 183.64 35 - 65% Choice 168 791-890 816 61.5 182.71-182.72 182.72 0 - 35% Choice - - Total all grades 7,930 772-972 907 63.2 179.87-199.47 184.38 HEIFER Over 80% Choice 1,296 695-847 761 62.9 180.00-194.65 187.97 65 - 80% Choice 232 848-848 848 64.3 184.28-184.28 184.28 35 - 65% Choice 120 743-743 743 64.1 181.06-181.06 181.06 0 - 35% Choice - - Total all grades 1,648 695-848 772 63.2 180.00-194.65 186.95 MIXED STEER/HEIFER Over 80% Choice 2,667 704-912 790 62.7 176.64-201.68 187.32 65 - 80% Choice 497 682-921 795 61.8 168.66-187.98 181.89 35 - 65% Choice 26 737-737 737 63.0 176.14-176.14 176.14 0 - 35% Choice - - Total all grades 3,190 682-921 791 62.5 168.66-201.68 186.38 ALL STEERS & HEIFERS 12,768 682-972 861 63.0 168.66-201.68 185.21 MIXED STEER/HEIFER/COW Over 80% Choice 90 838-839 839 62.9 188.20-189.31 188.74 65 - 80% Choice 36 894-894 894 61.0 169.30-169.30 169.30 35 - 65% Choice 385 808-947 877 59.9 158.60-167.48 162.87 0 - 35% Choice 547 725-970 862 59.1 143.99-161.64 153.53 Total all grades 1,058 725-970 866 59.8 143.99-189.31 160.46 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 290 1,262-1,466 1,379 62.6 114.11-128.82 118.52 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 290 1,262-1,466 1,379 62.6 114.11-128.82 118.52 HEIFER Over 80% Choice 14 1,347-1,347 1,347 62.6 110.00-110.00 110.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 14 1,347-1,347 1,347 62.6 110.00-110.00 110.00 MIXED STEER/HEIFER Over 80% Choice 132 1,203-1,293 1,265 63.1 114.11-129.69 119.07 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 132 1,203-1,293 1,265 63.1 114.11-129.69 119.07 ALL STEERS & HEIFERS 436 1,203-1,466 1,343 62.7 110.00-129.69 118.41 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 148 755-888 824 63.7 187.14-191.16 188.77 65 - 80% Choice 25 750-750 750 60.3 181.42-181.42 181.42 35 - 65% Choice 241 700-947 848 62.6 166.84-186.59 182.44 0 - 35% Choice - - Total all grades 414 700-947 833 62.8 166.84-191.16 184.64 HEIFER Over 80% Choice 192 621-852 757 62.7 166.37-189.19 183.99 65 - 80% Choice - - 35 - 65% Choice 17 835-835 835 63.9 168.07-168.07 168.07 0 - 35% Choice - - Total all grades 209 621-852 763 62.8 166.37-189.19 182.70 MIXED STEER/HEIFER Over 80% Choice 809 713-915 802 63.0 182.87-202.48 187.48 65 - 80% Choice 784 738-897 834 63.2 177.00-186.17 180.40 35 - 65% Choice 90 713-739 726 62.3 186.26-187.54 186.89 0 - 35% Choice 62 749-780 757 62.5 171.19-188.26 183.85 Total all grades 1,745 713-915 811 63.0 171.19-202.48 184.14 ALL STEERS & HEIFERS 2,368 621-947 810 63.0 166.37-202.48 184.10 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice 18 909-909 909 60.8 169.24-169.24 169.24 0 - 35% Choice - - Total all grades 18 909-909 909 60.8 169.24-169.24 169.24 DAIRYBRED STEER/HEIFER Over 80% Choice 465 670-881 829 59.5 147.00-161.32 157.45 65 - 80% Choice 353 797-830 815 60.2 148.58-158.00 151.68 35 - 65% Choice 45 727-797 780 56.1 147.56-148.35 147.75 0 - 35% Choice - - Total all grades 863 670-881 821 59.6 147.00-161.32 154.59 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 37 1,350-1,350 1,350 63.5 118.14-118.14 118.14 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 37 1,350-1,350 1,350 63.5 118.14-118.14 118.14 HEIFER No Reportable Trade. MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS 37 1,350-1,350 1,350 63.5 118.14-118.14 118.14 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 519 863-963 913 63.5 183.07-204.07 191.40 65 - 80% Choice 227 871-878 875 62.4 186.50-188.03 187.26 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 746 863-963 901 63.2 183.07-204.07 190.14 HEIFER Over 80% Choice 448 787-820 805 63.8 185.32-197.25 189.89 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 448 787-820 805 63.8 185.32-197.25 189.89 MIXED STEER/HEIFER Over 80% Choice 118 697-846 788 63.7 185.85-211.07 200.15 65 - 80% Choice 90 751-751 751 61.0 174.28-174.28 174.28 35 - 65% Choice 90 759-834 796 63.2 184.32-185.60 184.97 0 - 35% Choice - - Total all grades 298 697-846 779 62.7 174.28-211.07 187.75 ALL STEERS & HEIFERS 1,492 697-963 848 63.3 174.28-211.07 189.59 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 2,036 782-954 851 60.3 146.97-176.14 165.76 65 - 80% Choice 815 641-914 820 59.9 145.76-167.31 159.35 35 - 65% Choice 295 641-865 781 59.0 138.85-168.10 155.89 0 - 35% Choice - - Total all grades 3,146 641-954 836 60.1 138.85-176.14 163.17 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,010 1,212-1,522 1,416 63.1 105.40-138.91 116.91 65 - 80% Choice 354 1,461-1,493 1,474 63.2 113.77-118.17 116.44 35 - 65% Choice - - 0 - 35% Choice 77 1,202-1,202 1,202 63.2 112.17-112.17 112.17 Total all grades 2,441 1,202-1,522 1,418 63.1 105.40-138.91 116.69 HEIFER Over 80% Choice 707 1,209-1,272 1,250 63.3 112.80-116.37 114.72 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 707 1,209-1,272 1,250 63.3 112.80-116.37 114.72 MIXED STEER/HEIFER Over 80% Choice 544 1,196-1,418 1,301 62.3 112.03-117.54 115.29 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 544 1,196-1,418 1,301 62.3 112.03-117.54 115.29 ALL STEERS & HEIFERS 3,692 1,196-1,522 1,368 63.1 105.40-138.91 116.11 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 .