IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Tue Dec 03, 2019    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Monday, 12/02/2019

On Monday negotiated cash trade was mostly inactive on light demand. Not
enough purchases for an adequate market test. Last week, on a light test live
purchases traded from 117.00-118.00 with dressed purchases at 187.00.

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:         847            Week ago:      282          Year ago:      390
Week to Date:      847            Week ago:      282          Year ago:      390

NEGOTIATED GRID BASE:
Confirmed:         215            Week ago:      331          Year ago:      597
Week to Date:      215            Week ago:      331          Year ago:      597


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
No Reportable Trade.
STEERS: LIVE DELIVERED
No Reportable Trade.
STEERS: DRESSED DELIVERED
Over 80% Choice       108     64.5     935-935      935.3  187.00-187.00  187.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      108     64.5     935-935      935.3  187.00-187.00  187.00
STEERS: DRESSED FOB
No Reportable Trade.
HEIFERS: LIVE FOB
Over 80% Choice        75     62.5   1,175-1,175  1,175.0  116.00-116.00  116.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       75     62.5   1,175-1,175  1,175.0  116.00-116.00  116.00
HEIFERS: LIVE DELIVERED
No Reportable Trade.
HEIFERS: DRESSED DELIVERED
No Reportable Trade.
HEIFERS: DRESSED FOB
No Reportable Trade.
MIXED STEER/HEIFERS: LIVE FOB
Over 80% Choice       250     63.2   1,300-1,300  1,300.0  117.50-117.50  117.50
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      250     63.2   1,300-1,300  1,300.0  117.50-117.50  117.50
MIXED STEER/HEIFERS: LIVE DELIVERED
Over 80% Choice        15     62.5   1,325-1,325  1,325.0  114.00-114.00  114.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       15     62.5   1,325-1,325  1,325.0  114.00-114.00  114.00
MIXED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        74     62.9     832-832      832.8  187.00-187.00  187.00
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       74     62.9     832-832      832.8  187.00-187.00  187.00
MIXED STEER/HEIFERS: DRESSED FOB
No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB              325     63.0   1,175-1,300  1,271.2  116.00-117.50  117.15

LIVE DELIVERED         15     62.5   1,325-1,325  1,325.0  114.00-114.00  114.00

DRESSED DELIVERED     182     63.8     832-935      893.6  187.00-187.00  187.00

DRESSED FOB                               -                      -
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
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       164     62.2     775-803      779.5  181.00-187.00  181.95
65 - 80% Choice                           -                      -
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades      164     62.2     775-803      779.5  181.00-187.00  181.95
ALL BEEF TYPE STEERS AND HEIFERS
LIVE FOB                                  -                      -

DRESSED DELIVERED     164     62.2     775-803      779.5  181.00-187.00  181.95
DAIRYBRED STEER/HEIFERS: LIVE FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFERS: DRESSED DELIVERED
Over 80% Choice        16     59.0     855-855      855.5  154.00-154.00  154.00
65 - 80% Choice        35     58.0     800-800      800.0  151.00-151.00  151.00
35 - 65% Choice                           -                      -
 0 - 35% Choice                           -                      -
Total all grades       51     58.3     800-855      817.4  151.00-154.00  151.94
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
 Live    Heifer                     75        1,175.00          116.00
 Dressed Steer                     108          935.30          187.00
 Dressed Heifer

SAME PERIOD LAST WEEK         Head Count     Avg Weight       Avg Price
 Live    Steer                     235        1,500.00          117.00
 Live    Heifer
 Dressed Steer
 Dressed Heifer

SAME PERIOD LAST YEAR         Head Count     Avg Weight       Avg Price
 Live    Steer                     218        1,488.10          115.88
 Live    Heifer
 Dressed Steer                      70          929.30          182.00
 Dressed Heifer

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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