LM_CT147 St Joseph, MO Mon Oct 09, 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, 10/08/2017 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 9,267 228 9,495 10,444 12,872 Negotiated Grid Net: 4,976 0 4,976 6,493 3,516 Forward Contract Net: 8,409 2,696 11,105 14,239 9,896 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,891 778-1,036 950 63.0 165.00-184.81 172.37 65 - 80% Choice 732 827-957 919 63.2 170.33-172.00 171.67 35 - 65% Choice 80 850-902 878 61.3 172.87-173.10 172.99 0 - 35% Choice - - Total all grades 3,703 778-1,036 942 63.0 165.00-184.81 172.25 HEIFER Over 80% Choice 573 757-941 838 63.4 169.85-182.74 173.91 65 - 80% Choice 480 729-892 800 63.8 171.48-172.02 171.93 35 - 65% Choice 39 688-688 688 61.8 170.08-170.08 170.08 0 - 35% Choice - - Total all grades 1,092 688-941 816 63.5 169.85-182.74 172.90 MIXED STEER/HEIFER Over 80% Choice 1,319 704-951 838 63.4 168.35-186.70 175.02 65 - 80% Choice 204 773-942 834 60.9 171.42-174.86 172.66 35 - 65% Choice 82 810-895 850 62.9 167.00-167.00 167.00 0 - 35% Choice - - Total all grades 1,605 704-951 838 63.1 167.00-186.70 174.31 ALL STEERS & HEIFERS 6,400 688-1,036 894 63.1 165.00-186.70 172.87 MIXED STEER/HEIFER/COW Over 80% Choice 394 757-944 837 62.9 167.04-173.05 169.88 65 - 80% Choice 500 809-939 852 62.3 154.65-172.00 168.54 35 - 65% Choice 137 763-935 865 59.6 153.63-160.48 155.86 0 - 35% Choice 589 813-982 916 57.8 136.72-153.65 142.46 Total all grades 1,620 757-982 872 60.6 136.72-173.05 158.31 DAIRYBRED STEER/HEIFER Over 80% Choice 554 766-934 876 60.8 166.30-171.58 169.93 65 - 80% Choice 555 806-908 872 60.4 150.00-171.32 162.88 35 - 65% Choice 138 802-921 859 59.3 164.01-169.25 166.64 0 - 35% Choice - - Total all grades 1,247 766-934 872 60.4 150.00-171.58 166.43 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 110 1,370-1,422 1,404 63.5 107.73-124.40 113.64 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 110 1,370-1,422 1,404 63.5 107.73-124.40 113.64 HEIFER Over 80% Choice 79 1,272-1,272 1,272 63.7 125.67-125.67 125.67 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 79 1,272-1,272 1,272 63.7 125.67-125.67 125.67 MIXED STEER/HEIFER Over 80% Choice 39 1,357-1,357 1,357 63.3 124.56-124.56 124.56 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 39 1,357-1,357 1,357 63.3 124.56-124.56 124.56 ALL STEERS & HEIFERS 228 1,272-1,422 1,350 63.5 107.73-125.67 119.68 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 1,284 771-1,040 919 63.3 165.08-175.23 167.17 65 - 80% Choice 194 883-939 908 63.3 166.89-170.00 168.27 35 - 65% Choice 317 857-1,096 1,034 61.4 160.40-170.00 163.13 0 - 35% Choice - - Total all grades 1,795 771-1,096 938 62.9 160.40-175.23 166.58 HEIFER Over 80% Choice 236 700-872 788 63.0 156.59-177.76 168.67 65 - 80% Choice - - 35 - 65% Choice 43 814-814 814 62.1 161.99-161.99 161.99 0 - 35% Choice - - Total all grades 279 700-872 792 62.8 156.59-177.76 167.64 MIXED STEER/HEIFER Over 80% Choice 1,146 688-897 828 63.1 163.30-179.66 169.57 65 - 80% Choice 378 709-924 809 61.8 161.62-169.41 166.14 35 - 65% Choice 195 686-887 811 61.8 157.11-168.08 161.89 0 - 35% Choice - - Total all grades 1,719 686-924 822 62.7 157.11-179.66 167.94 ALL STEERS & HEIFERS 3,793 686-1,096 875 62.8 156.59-179.66 167.27 MIXED STEER/HEIFER/COW Over 80% Choice 40 852-852 852 62.8 170.00-170.00 170.00 65 - 80% Choice 78 878-878 878 61.5 167.00-167.00 167.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 118 852-878 869 61.9 167.00-170.00 168.02 DAIRYBRED STEER/HEIFER Over 80% Choice 562 771-979 873 60.1 141.52-148.65 147.07 65 - 80% Choice 243 765-889 840 59.3 132.76-147.19 141.65 35 - 65% Choice 260 728-871 821 60.1 134.50-144.14 139.78 0 - 35% Choice - - Total all grades 1,065 728-979 853 59.9 132.76-148.65 144.05 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 4,224 901-1,045 1,003 64.8 165.35-191.30 177.02 65 - 80% Choice 1,290 962-1,017 982 63.7 164.58-181.99 174.74 35 - 65% Choice 35 864-864 864 62.0 177.75-177.75 177.75 0 - 35% Choice - - Total all grades 5,549 864-1,045 997 64.5 164.58-191.30 176.50 HEIFER Over 80% Choice 110 922-922 922 62.8 173.83-173.83 173.83 65 - 80% Choice 255 808-870 839 64.0 181.10-187.92 184.55 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 365 808-922 864 63.7 173.83-187.92 181.32 MIXED STEER/HEIFER Over 80% Choice 144 765-837 798 62.0 154.01-177.61 167.85 65 - 80% Choice 74 789-789 789 63.8 154.90-154.90 154.90 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 218 765-837 795 62.6 154.01-177.61 163.45 ALL STEERS & HEIFERS 6,132 765-1,045 982 64.4 154.01-191.30 176.32 MIXED STEER/HEIFER/COW Over 80% Choice 32 815-815 815 63.5 178.58-178.58 178.58 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 32 815-815 815 63.5 178.58-178.58 178.58 DAIRYBRED STEER/HEIFER Over 80% Choice 980 805-909 856 60.4 138.84-169.01 152.54 65 - 80% Choice 939 705-891 811 59.4 142.91-178.92 154.02 35 - 65% Choice 292 701-861 801 59.1 126.14-153.18 141.33 0 - 35% Choice 34 812-812 812 57.0 125.83-125.83 125.83 Total all grades 2,245 701-909 829 59.8 125.83-178.92 151.30 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,678 1,382-1,620 1,525 63.4 100.36-123.70 105.61 65 - 80% Choice 269 1,399-1,588 1,539 63.2 106.27-109.87 109.22 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,947 1,382-1,620 1,527 63.4 100.36-123.70 106.11 HEIFER Over 80% Choice 424 1,285-1,365 1,353 63.2 109.77-113.96 110.29 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 424 1,285-1,365 1,353 63.2 109.77-113.96 110.29 MIXED STEER/HEIFER Over 80% Choice 237 1,190-1,278 1,247 63.4 100.27-116.55 110.34 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 237 1,190-1,278 1,247 63.4 100.27-116.55 110.34 ALL STEERS & HEIFERS 2,608 1,190-1,620 1,473 63.3 100.27-123.70 107.17 MIXED STEER/HEIFER/COW Over 80% Choice 44 1,188-1,188 1,188 64.0 109.50-109.50 109.50 65 - 80% Choice - - 35 - 65% Choice 44 1,340-1,340 1,340 63.2 106.32-106.32 106.32 0 - 35% Choice - - Total all grades 88 1,188-1,340 1,264 63.6 106.32-109.50 107.91 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 .