IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Afternoon
LM_CT136
St Joseph, MO    Mon Feb 12, 2018    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:         508            Week ago:      314          Year ago:       36
Week to Date:      508            Week ago:      314          Year ago:       36

NEGOTIATED GRID BASE:
Confirmed:          68            Week ago:      789          Year ago:      547
Week to Date:       68            Week ago:      789          Year ago:      547


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      356     64.4   1,375-1,475  1,414.3  128.50-129.50  129.11
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     356     64.4   1,375-1,475  1,414.3  128.50-129.50  129.11
STEER - DRESSED - DELIVERED
 No Reportable Trade.
HEIFER - LIVE - FOB
 No Reportable Trade.
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       74     63.5     809-809      809.6  202.00-202.00  202.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      74     63.5     809-809      809.6  202.00-202.00  202.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice       41     64.5   1,250-1,250  1,250.0  129.00-129.00  129.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      41     64.5   1,250-1,250  1,250.0  129.00-129.00  129.00
MIXED STEER/HEIFER - DRESSED - DELIVERED
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades     397     64.4   1,250-1,475  1,397.4  128.50-129.50  129.10
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      74     63.5     809-809      809.6  202.00-202.00  202.00
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       34     61.5     869-869      869.1  200.00-200.00  200.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     61.5     869-869      869.1  200.00-200.00  200.00
HEIFER 
 No Reportable Trade.
MIXED STEER/HEIFER 
 No Reportable Trade.
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades      34     61.5     869-869      869.1  200.00-200.00  200.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade.
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice       34     60.0     825-825      825.0  148.00-148.00  148.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      34     60.0     825-825      825.0  148.00-148.00  148.00
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
1500C







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