IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Thu Dec 07, 3:14PM CST
LM_CT136
St Joseph, MO    Thu Dec 07, 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:       4,180            Week ago:    6,933          Year ago:    6,484
Week to Date:   11,893            Week ago:    6,959          Year ago:    9,628

NEGOTIATED GRID BASE:
Confirmed:         340            Week ago:    1,398          Year ago:    1,134
Week to Date:    2,301            Week ago:    2,424          Year ago:    2,451


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      472     62.8   1,400-1,500  1,461.2  117.00-117.00  117.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     472     62.8   1,400-1,500  1,461.2  117.00-117.00  117.00
STEER - DRESSED - DELIVERED
 Over 80% Choice      842     63.6     850-1,016    940.8  186.00-188.50  186.67
 65 - 80% Choice      191     62.6     819-937      909.6  186.00-187.00  186.24
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   1,033     63.4     819-1,016    935.0  186.00-188.50  186.59
HEIFER - LIVE - FOB
 Over 80% Choice      496     63.1   1,200-1,350  1,297.7  117.00-117.00  117.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     496     63.1   1,200-1,350  1,297.7  117.00-117.00  117.00
HEIFER - DRESSED - DELIVERED
 Over 80% Choice      679     63.6     793-896      834.7  186.00-188.00  186.76
 65 - 80% Choice       20     62.0     728-728      728.5  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     699     63.6     728-896      831.6  186.00-188.00  186.76
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      623     63.5   1,250-1,425  1,324.2  117.00-117.00  117.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     623     63.5   1,250-1,425  1,324.2  117.00-117.00  117.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       50     62.9     850-909      864.4  186.00-187.00  186.76
 65 - 80% Choice      280     62.0     790-790      790.5  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     330     62.1     790-909      801.7  186.00-187.00  186.96
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,591     63.2   1,200-1,500  1,356.6  117.00-117.00  117.00
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades   2,062     63.3     728-1,016    878.6  186.00-188.50  186.71
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      202     60.4     796-817      811.4  157.00-160.00  157.86
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     202     60.4     796-817      811.4  157.00-160.00  157.86
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                          -                      -
 65 - 80% Choice       60     61.1     962-962      962.3  186.00-186.00  186.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     61.1     962-962      962.3  186.00-186.00  186.00
HEIFER - LIVE - FOB
  No Reportable Trade.  
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     63.5     794-794      794.0  192.00-192.00  192.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     794-794      794.0  192.00-192.00  192.00
MIXED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       36     63.0     834-834      834.0  190.00-190.00  190.00
 65 - 80% Choice      162     63.0     819-866      854.0  187.00-188.00  187.25
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     198     63.0     819-866      850.4  187.00-190.00  187.75
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     298     62.7     794-962      865.3  186.00-192.00  187.97
DAIRYBRED STEER/HEIFER - LIVE - FOB
  No Reportable Trade.  
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       42     58.6     800-825      807.1  140.00-143.00  142.14
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     58.6     800-825      807.1  140.00-143.00  142.14
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
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