IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Thu Oct 12, 2017    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Afternoon
Trade so far today

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:       1,711            Week ago:      182          Year ago:    6,108
Week to Date:    4,056            Week ago:      303          Year ago:   18,613

NEGOTIATED GRID BASE:
Confirmed:          74            Week ago:      512          Year ago:      566
Week to Date:    1,275            Week ago:    2,212          Year ago:    3,116


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      564     63.1   1,375-1,550  1,493.0  110.00-112.00  110.13
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     564     63.1   1,375-1,550  1,493.0  110.00-112.00  110.13
STEER - DRESSED - DELIVERED
 Over 80% Choice       90     63.8     979-979      979.3  175.00-175.00  175.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      90     63.8     979-979      979.3  175.00-175.00  175.00
HEIFER - LIVE - FOB
 Over 80% Choice       78     63.7   1,385-1,385  1,385.0  110.00-110.00  110.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      78     63.7   1,385-1,385  1,385.0  110.00-110.00  110.00
HEIFER - DRESSED - DELIVERED
  No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      124     62.8   1,325-1,425  1,377.9  109.00-110.00  109.69
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     124     62.8   1,325-1,425  1,377.9  109.00-110.00  109.69
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       40     63.0     819-819      819.0  174.00-174.00  174.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.0     819-819      819.0  174.00-174.00  174.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     766     63.2   1,325-1,550  1,463.4  109.00-112.00  110.04
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     130     63.6     819-979      930.0  174.00-175.00  174.69
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       30     59.5     775-775      775.0  142.00-142.00  142.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      30     59.5     775-775      775.0  142.00-142.00  142.00
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 
 No Reportable Trade. 
HEIFER 
 No Reportable Trade. 
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     63.5     825-825      825.0  176.00-176.00  176.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.5     825-825      825.0  176.00-176.00  176.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      38     63.5     825-825      825.0  176.00-176.00  176.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       36     58.0     800-800      800.0  142.00-142.00  142.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      36     58.0     800-800      800.0  142.00-142.00  142.00
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

IOWA/MINNESOTA - IA,MN

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
1500C







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