IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
USDA - Fri Nov 10, 2:53PM CST
LM_CT136
St Joseph, MO    Fri Nov 10, 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:       4,846            Week ago:    3,252          Year ago:      930
Week to Date:   22,268            Week ago:   38,722          Year ago:    3,049

NEGOTIATED GRID BASE:
Confirmed:          38            Week ago:      304          Year ago:      207
Week to Date:    3,504            Week ago:    3,908          Year ago:    2,722


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    3,232     63.6   1,325-1,550  1,506.5  119.00-121.00  119.96
 65 - 80% Choice      174     62.5   1,500-1,500  1,500.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades   3,406     63.5   1,325-1,550  1,506.2  119.00-121.00  119.91
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      191     63.0     998-998      998.6  187.00-187.00  187.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     191     63.0     998-998      998.6  187.00-187.00  187.00
HEIFER - LIVE - FOB
 Over 80% Choice      116     63.5   1,350-1,350  1,350.0  120.00-120.00  120.00
 65 - 80% Choice      376     62.8   1,250-1,350  1,309.0  119.00-119.00  119.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     492     62.9   1,250-1,350  1,318.7  119.00-120.00  119.24
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      280     63.2   1,400-1,450  1,440.4  120.00-120.00  120.00
 65 - 80% Choice       80     63.2   1,375-1,375  1,375.0  120.00-120.00  120.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     360     63.2   1,375-1,450  1,425.8  120.00-120.00  120.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     62.0     868-868      868.0  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     62.0     868-868      868.0  188.00-188.00  188.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   4,258     63.4   1,250-1,550  1,477.7  119.00-121.00  119.84
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     231     62.8     868-998      976.0  187.00-188.00  187.17
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 
 No Reportable Trade.
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       38     63.2     869-869      869.7  188.00-188.00  188.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      38     63.2     869-869      869.7  188.00-188.00  188.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      38     63.2     869-869      869.7  188.00-188.00  188.00
DAIRYBRED STEER/HEIFER 
 No Reportable Trade.
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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