IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Mon Jun 19, 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:         915            Week ago:     none          Year ago:       71
Week to Date:      915            Week ago:     none          Year ago:       71

NEGOTIATED GRID BASE:
Confirmed:         507            Week ago:      246          Year ago:       93
Week to Date:      507            Week ago:      246          Year ago:       93


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       90     63.0   1,400-1,400  1,400.0  122.00-122.00  122.00
 65 - 80% Choice       80     63.0   1,400-1,400  1,400.0  122.00-122.00  122.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     170     63.0   1,400-1,400  1,400.0  122.00-122.00  122.00
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 Over 80% Choice                          -                      -
 65 - 80% Choice      123     63.0   1,300-1,350  1,317.5  122.00-122.00  122.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     123     63.0   1,300-1,350  1,317.5  122.00-122.00  122.00
HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      562     63.5   1,250-1,300  1,255.5  122.00-124.00  123.86
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     562     63.5   1,250-1,300  1,255.5  122.00-124.00  123.86
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       60     62.5     803-803      803.1  195.00-195.00  195.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      60     62.5     803-803      803.1  195.00-195.00  195.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     855     63.3   1,250-1,400  1,293.2  122.00-124.00  123.22
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      60     62.5     803-803      803.1  195.00-195.00  195.00
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 - LIVE - FOB
 No Reportable Trade.
STEER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice                          -                      -
 35 - 65% Choice      162     61.3     798-845      814.3  216.00-216.00  216.00
  0 - 35% Choice                          -                      -
 Total all grades     162     61.3     798-845      814.3  216.00-216.00  216.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice      188     62.1     775-833      790.0  203.00-216.00  206.32
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     188     62.1     775-833      790.0  203.00-216.00  206.32
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     350     61.7     775-845      801.2  203.00-216.00  210.80
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      138     58.7     800-825      812.3  184.00-188.00  186.28
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     138     58.7     800-825      812.3  184.00-188.00  186.28
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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