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IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
USDA - Fri Jan 17, 6:03AM CST
LM_CT137
St Joseph, MO    Fri Jan 17, 2020    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Thursday, 01/16/2020

On Thursday negotiated cash trade and demand was moderate. Compared to last
week, live purchases traded 1.00 lower from 123.00-125.00 with dressed
purchases 1.00-2.00 lower from 198.00-199.00.

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:      15,670            Week ago:    1,305          Year ago:      383
Week to Date:   17,300            Week ago:    2,012          Year ago:    1,098

NEGOTIATED GRID BASE:
Confirmed:         632            Week ago:      467          Year ago:      244
Week to Date:    1,596            Week ago:    1,359          Year ago:      908


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     5,661     63.0   1,400-1,600  1,509.0  123.00-126.50  124.06
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    5,661     63.0   1,400-1,600  1,509.0  123.00-126.50  124.06
STEERS: LIVE DELIVERED
Over 80% Choice     1,337     62.9   1,300-1,550  1,487.8  123.00-127.00  126.20
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,337     62.9   1,300-1,550  1,487.8  123.00-127.00  126.20
STEERS: DRESSED DELIVERED
Over 80% Choice     2,458     63.0     809-1,036    943.3  198.00-199.00  198.57
65 - 80% Choice        61     64.0     912-912      912.0  198.00-198.00  198.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,519     63.1     809-1,036    942.5  198.00-199.00  198.56
STEERS: DRESSED FOB
Over 80% Choice       368     63.2     968-977      972.8  197.00-197.00  197.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      368     63.2     968-977      972.8  197.00-197.00  197.00
HEIFERS: LIVE FOB
Over 80% Choice     1,767     63.1   1,225-1,450  1,375.0  123.00-126.50  124.39
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,767     63.1   1,225-1,450  1,375.0  123.00-126.50  124.39
HEIFERS: LIVE DELIVERED
Over 80% Choice       156     63.8   1,400-1,400  1,400.0  126.00-126.00  126.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      156     63.8   1,400-1,400  1,400.0  126.00-126.00  126.00
HEIFERS: DRESSED DELIVERED
Over 80% Choice     2,110     62.0     750-915      841.3  198.00-199.00  198.40
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    2,110     62.0     750-915      841.3  198.00-199.00  198.40
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       404     63.0   1,300-1,500  1,408.2  123.00-125.00  124.61
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      404     63.0   1,300-1,500  1,408.2  123.00-125.00  124.61
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        70     62.5   1,350-1,450  1,400.0  126.00-126.00  126.00
65 - 80% Choice        32     61.5   1,375-1,375  1,375.0  121.00-121.00  121.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      102     62.2   1,350-1,450  1,392.2  121.00-126.00  124.43
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice     1,246     62.4     769-945      843.4  198.00-199.00  198.87
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades    1,246     62.4     769-945      843.4  198.00-199.00  198.87
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB            7,832     63.0   1,225-1,600  1,473.5  123.00-126.50  124.16

LIVE DELIVERED      1,595     63.0   1,300-1,550  1,473.1  121.00-127.00  126.07

DRESSED DELIVERED   5,875     62.6     750-1,036    885.2  198.00-199.00  198.57

DRESSED FOB           368     63.2     968-977      972.8  197.00-197.00  197.00
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
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
Over 80% Choice       283     62.3     856-914      863.4  198.00-199.00  198.88
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      283     62.3     856-914      863.4  198.00-199.00  198.88
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       309     63.0     790-885      853.4  198.00-199.00  198.87
65 - 80% Choice        40     63.0     787-787      787.5  199.00-199.00  199.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      349     63.0     787-885      845.9  198.00-199.00  198.89
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     632     62.7     787-914      853.7  198.00-199.00  198.88
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
No Reportable Trade.
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                   5,661        1,509.00          124.06
 Live    Heifer                  2,076        1,363.80          124.78
 Dressed Steer                   2,988          942.70          198.66
 Dressed Heifer                  2,349          839.20          198.36

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     813        1,548.90          124.01
 Live    Heifer
 Dressed Steer                     184          942.50          198.37
 Dressed Heifer                    314          814.00          198.88

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     360        1,405.30          125.00
 Live    Heifer                    114        1,396.10          123.72
 Dressed Steer                      35          958.80          197.00
 Dressed Heifer                     64          815.80          195.88

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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