IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Fri Dec 13, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 12/12/2019

On Thursday negotiated cash trading was limited on light demand. Not enough
trades for a market trend. Last week live cash trades moved from 118.00-120.00
and dressed cash trades moved mostly at 188.00.

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:       4,249            Week ago:    4,543          Year ago:    1,671
Week to Date:    5,640            Week ago:    7,243          Year ago:    5,650

NEGOTIATED GRID BASE:
Confirmed:         274            Week ago:      191          Year ago:      551
Week to Date:      951            Week ago:      743          Year ago:    4,877


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
STEERS: LIVE FOB
Over 80% Choice     2,032     63.4   1,425-1,585  1,566.5  118.00-120.00  118.82
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,032     63.4   1,425-1,585  1,566.5  118.00-120.00  118.82
STEERS: LIVE DELIVERED
Over 80% Choice       120     63.5   1,425-1,425  1,425.0  119.50-119.50  119.50
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      120     63.5   1,425-1,425  1,425.0  119.50-119.50  119.50
STEERS: DRESSED DELIVERED
Over 80% Choice     1,370     63.1     887-1,024    936.6  188.00-190.00  188.06
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,370     63.1     887-1,024    936.6  188.00-190.00  188.06
STEERS: DRESSED FOB
Over 80% Choice       102     63.5     953-953      953.0  189.00-189.00  189.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      102     63.5     953-953      953.0  189.00-189.00  189.00
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
Over 80% Choice       428     63.0     819-819      819.0  188.00-188.00  188.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      428     63.0     819-819      819.0  188.00-188.00  188.00
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice        72     62.2   1,440-1,440  1,440.0  118.00-118.00  118.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       72     62.2   1,440-1,440  1,440.0  118.00-118.00  118.00
MIXED STEER/HEIFERS: LIVE DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        83     63.0     771-882      823.2  188.00-188.00  188.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       83     63.0     771-882      823.2  188.00-188.00  188.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            2,104     63.3   1,425-1,585  1,562.2  118.00-120.00  118.80

LIVE DELIVERED        120     63.5   1,425-1,425  1,425.0  119.50-119.50  119.50

DRESSED DELIVERED   1,881     63.1     771-1,024    904.8  188.00-190.00  188.04

DRESSED FOB           102     63.5     953-953      953.0  189.00-189.00  189.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice                           -                      -
65 - 80% Choice        42     60.0     831-831      831.0  165.00-165.00  165.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       42     60.0     831-831      831.0  165.00-165.00  165.00
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
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
STEERS: LIVE FOB
No Reportable Trade.
STEERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: LIVE FOB
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice       224     62.9     762-889      854.7  182.00-194.00  189.50
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      224     62.9     762-889      854.7  182.00-194.00  189.50
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     224     62.9     762-889      854.7  182.00-194.00  189.50
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        35     59.0     840-840      840.8  152.00-152.00  152.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       35     59.0     840-840      840.8  152.00-152.00  152.00
MIXED STEER/HEIFER/COWS: LIVE FOB
No Reportable Trade.
MIXED STEER/HEIFER/COWS: DRESSED DELIVERED
No Reportable Trade.

IOWA/MINNESOTA - IA,MN

WEEKLY ACCUMULATED            Head Count     Avg Weight       Avg Price
 Live    Steer                   2,431        1,553.80          118.79
 Live    Heifer                     80        1,475.00          119.00
 Dressed Steer                   1,544          934.20          188.05
 Dressed Heifer                    428          819.00          188.00

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     693        1,514.80          118.15
 Live    Heifer                    906        1,320.40          118.11
 Dressed Steer                   1,090          927.80          187.87
 Dressed Heifer                  1,113          823.30          187.74

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                   1,335        1,487.40          117.00
 Live    Heifer                    108        1,475.00          117.00
 Dressed Steer                     945          951.80          186.47
 Dressed Heifer                    561          817.90          187.00

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







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