LM_CT147 St Joseph, MO Mon Oct 02, 2017 USDA Market News Service IOWA-MINNESOTA WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Week ending Sunday, 10/01/2017 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 10,177 267 10,444 8,241 8,306 Negotiated Grid Net: 6,493 0 6,493 3,005 4,003 Forward Contract Net: 11,696 2,543 14,239 15,219 10,360 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 3,320 768-1,038 936 63.2 165.00-177.87 169.82 65 - 80% Choice 1,224 819-1,036 948 63.4 170.00-171.82 170.40 35 - 65% Choice 102 922-954 947 62.7 168.95-170.00 169.19 0 - 35% Choice - - Total all grades 4,646 768-1,038 939 63.2 165.00-177.87 169.96 HEIFER Over 80% Choice 1,237 770-859 812 63.7 166.41-195.40 174.86 65 - 80% Choice 167 708-855 781 64.7 165.00-170.65 168.11 35 - 65% Choice 20 789-789 789 64.2 166.45-166.45 166.45 0 - 35% Choice - - Total all grades 1,424 708-859 808 63.8 165.00-195.40 173.95 MIXED STEER/HEIFER Over 80% Choice 1,384 706-926 835 63.7 164.61-182.46 173.00 65 - 80% Choice 567 648-896 785 62.0 161.68-171.82 167.92 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,951 648-926 820 63.2 161.68-182.46 171.52 ALL STEERS & HEIFERS 8,021 648-1,038 887 63.3 161.68-195.40 171.05 MIXED STEER/HEIFER/COW Over 80% Choice 244 753-975 869 60.8 162.59-171.93 167.07 65 - 80% Choice 37 816-816 816 61.6 161.67-161.67 161.67 35 - 65% Choice 385 720-979 914 59.9 144.46-166.53 152.07 0 - 35% Choice 499 794-961 893 59.1 125.82-152.23 139.30 Total all grades 1,165 720-979 892 59.8 125.82-171.93 150.05 DAIRYBRED STEER/HEIFER Over 80% Choice 532 809-929 899 60.9 147.67-170.32 164.56 65 - 80% Choice 142 842-889 864 60.3 166.34-170.19 168.68 35 - 65% Choice 317 753-904 834 61.2 140.41-169.04 162.75 0 - 35% Choice - - Total all grades 991 753-929 873 60.9 140.41-170.32 164.57 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 186 1,331-1,492 1,402 64.0 108.00-121.91 116.61 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 186 1,331-1,492 1,402 64.0 108.00-121.91 116.61 HEIFER Over 80% Choice 40 1,251-1,251 1,251 61.6 123.96-123.96 123.96 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 40 1,251-1,251 1,251 61.6 123.96-123.96 123.96 MIXED STEER/HEIFER Over 80% Choice 41 1,251-1,251 1,251 63.5 123.97-123.97 123.97 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 41 1,251-1,251 1,251 63.5 123.97-123.97 123.97 ALL STEERS & HEIFERS 267 1,251-1,492 1,356 63.5 108.00-123.97 118.84 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. NEGOTIATED GRID NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,429 881-995 958 63.4 164.11-172.81 165.66 65 - 80% Choice 452 815-913 887 63.4 165.00-165.47 165.04 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,881 815-995 947 63.4 164.11-172.81 165.56 HEIFER Over 80% Choice 1,271 700-902 817 63.7 163.66-178.61 165.87 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,271 700-902 817 63.7 163.66-178.61 165.87 MIXED STEER/HEIFER Over 80% Choice 942 709-893 810 63.3 160.40-183.20 170.08 65 - 80% Choice 303 744-908 801 62.1 155.04-167.06 161.99 35 - 65% Choice 34 764-764 764 61.9 167.00-167.00 167.00 0 - 35% Choice - - Total all grades 1,279 709-908 807 63.0 155.04-183.20 168.09 ALL STEERS & HEIFERS 5,431 700-995 884 63.4 155.04-183.20 166.23 MIXED STEER/HEIFER/COW Over 80% Choice 248 746-942 852 60.8 143.94-162.72 153.13 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 248 746-942 852 60.8 143.94-162.72 153.13 DAIRYBRED STEER/HEIFER Over 80% Choice 472 695-973 870 59.7 139.47-149.60 144.90 65 - 80% Choice 342 735-894 837 60.0 137.32-147.31 142.02 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 814 695-973 856 59.8 137.32-149.60 143.69 NEGOTIATED GRID NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER No Reportable Trade. HEIFER No Reportable Trade. MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS - - MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. FORWARD CONTRACT NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 6,503 821-1,049 1,000 64.8 163.00-186.98 176.45 65 - 80% Choice 699 762-994 914 63.7 166.93-190.55 176.45 35 - 65% Choice 175 877-898 891 63.6 175.34-190.49 186.71 0 - 35% Choice - - Total all grades 7,377 762-1,049 989 64.7 163.00-190.55 176.69 HEIFER Over 80% Choice 1,199 754-848 806 63.7 167.70-185.72 174.87 65 - 80% Choice 368 807-840 825 64.8 184.88-185.97 185.38 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,567 754-848 810 64.0 167.70-185.97 177.34 MIXED STEER/HEIFER Over 80% Choice 661 693-904 822 63.1 153.44-191.10 169.30 65 - 80% Choice - - 35 - 65% Choice 79 816-816 816 63.5 161.09-161.09 161.09 0 - 35% Choice - - Total all grades 740 693-904 821 63.1 153.44-191.10 168.42 ALL STEERS & HEIFERS 9,684 693-1,049 948 64.5 153.44-191.10 176.16 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 1,073 740-909 847 60.1 137.48-168.78 150.23 65 - 80% Choice 803 765-890 823 60.2 143.43-170.23 153.02 35 - 65% Choice 136 758-875 816 60.4 149.12-169.27 156.32 0 - 35% Choice - - Total all grades 2,012 740-909 835 60.2 137.48-170.23 151.75 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,715 1,362-1,588 1,511 63.3 103.31-124.19 110.57 65 - 80% Choice 67 1,509-1,509 1,509 63.2 105.60-105.60 105.60 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,782 1,362-1,588 1,511 63.3 103.31-124.19 110.38 HEIFER Over 80% Choice 156 1,114-1,445 1,274 63.6 98.45-116.25 104.77 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 156 1,114-1,445 1,274 63.6 98.45-116.25 104.77 MIXED STEER/HEIFER Over 80% Choice 558 1,274-1,463 1,392 63.7 95.65-109.00 106.64 65 - 80% Choice 47 1,068-1,068 1,068 63.2 112.50-112.50 112.50 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 605 1,068-1,463 1,367 63.6 95.65-112.50 107.10 ALL STEERS & HEIFERS 2,543 1,068-1,588 1,462 63.4 95.65-124.19 109.26 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER No Reportable Trade. 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 .