LM_CT147 St Joseph, MO Mon Oct 16, 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, 10/15/2017 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 6,216 408 6,624 9,495 8,245 Negotiated Grid Net: 3,337 0 3,337 4,976 4,147 Forward Contract Net: 14,487 1,623 16,110 11,105 16,163 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,384 839-995 933 63.2 169.25-191.76 175.46 65 - 80% Choice 219 876-1,034 985 63.7 172.65-173.83 173.47 35 - 65% Choice 160 864-923 878 61.3 170.46-173.93 171.26 0 - 35% Choice - - Total all grades 1,763 839-1,034 935 63.1 169.25-191.76 174.83 HEIFER Over 80% Choice 274 751-834 776 63.0 171.81-178.09 174.77 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 274 751-834 776 63.0 171.81-178.09 174.77 MIXED STEER/HEIFER Over 80% Choice 1,731 702-914 819 63.2 169.15-187.86 178.35 65 - 80% Choice 272 752-934 810 62.2 167.18-187.86 175.46 35 - 65% Choice 80 781-878 826 62.7 172.93-173.93 173.47 0 - 35% Choice - - Total all grades 2,083 702-934 818 63.1 167.18-187.86 177.78 ALL STEERS & HEIFERS 4,120 702-1,034 865 63.1 167.18-191.76 176.32 MIXED STEER/HEIFER/COW Over 80% Choice 393 836-977 900 61.3 162.36-171.90 168.62 65 - 80% Choice 64 707-847 755 60.4 166.49-170.82 169.33 35 - 65% Choice 458 823-994 922 59.8 147.08-163.12 154.16 0 - 35% Choice 501 813-1,099 955 59.4 134.42-146.24 140.69 Total all grades 1,416 707-1,099 920 60.1 134.42-171.90 154.09 DAIRYBRED STEER/HEIFER Over 80% Choice 69 852-855 854 59.6 170.81-173.03 171.84 65 - 80% Choice 459 824-945 879 60.5 165.73-172.94 168.51 35 - 65% Choice 152 836-875 850 60.9 164.30-172.22 168.42 0 - 35% Choice - - Total all grades 680 824-945 870 60.5 164.30-173.03 168.83 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 336 1,227-1,566 1,452 63.8 105.00-126.34 113.08 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 336 1,227-1,566 1,452 63.8 105.00-126.34 113.08 HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 72 1,116-1,225 1,178 60.0 105.00-128.50 118.38 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 72 1,116-1,225 1,178 60.0 105.00-128.50 118.38 ALL STEERS & HEIFERS 408 1,116-1,566 1,404 63.2 105.00-128.50 114.01 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 515 776-1,001 917 63.1 168.73-175.46 171.37 65 - 80% Choice 98 904-913 911 62.2 168.77-172.00 171.34 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 613 776-1,001 916 62.9 168.73-175.46 171.36 HEIFER Over 80% Choice 45 793-793 793 63.4 168.95-168.95 168.95 65 - 80% Choice - - 35 - 65% Choice 149 850-850 850 63.4 167.77-167.77 167.77 0 - 35% Choice - - Total all grades 194 793-850 837 63.4 167.77-168.95 168.04 MIXED STEER/HEIFER Over 80% Choice 625 777-932 836 62.6 167.07-179.06 172.74 65 - 80% Choice 111 772-853 802 62.1 165.01-167.85 166.62 35 - 65% Choice 70 756-756 756 61.7 164.89-164.89 164.89 0 - 35% Choice - - Total all grades 806 756-932 825 62.5 164.89-179.06 171.21 ALL STEERS & HEIFERS 1,613 756-1,001 861 62.8 164.89-179.06 170.89 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 46 876-876 876 61.9 171.14-171.14 171.14 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 46 876-876 876 61.9 171.14-171.14 171.14 DAIRYBRED STEER/HEIFER Over 80% Choice 1,404 725-1,016 906 60.7 134.86-150.74 146.58 65 - 80% Choice 274 866-902 881 61.0 141.09-144.35 142.82 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,678 725-1,016 901 60.7 134.86-150.74 145.97 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 9,837 793-1,060 1,001 64.9 153.36-192.88 178.08 65 - 80% Choice 999 846-985 960 63.4 170.88-182.06 180.63 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 10,836 793-1,060 997 64.8 153.36-192.88 178.32 HEIFER Over 80% Choice 1,030 773-886 829 63.8 166.11-189.37 174.22 65 - 80% Choice - - 35 - 65% Choice 193 856-856 856 62.4 169.45-169.45 169.45 0 - 35% Choice - - Total all grades 1,223 773-886 833 63.6 166.11-189.37 173.47 MIXED STEER/HEIFER Over 80% Choice 323 798-908 850 63.3 158.06-193.99 174.78 65 - 80% Choice - - 35 - 65% Choice 42 815-815 815 63.5 169.55-169.55 169.55 0 - 35% Choice - - Total all grades 365 798-908 846 63.3 158.06-193.99 174.18 ALL STEERS & HEIFERS 12,424 773-1,060 977 64.6 153.36-193.99 177.72 MIXED STEER/HEIFER/COW Over 80% Choice 64 869-872 870 63.8 178.04-178.86 178.45 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 64 869-872 870 63.8 178.04-178.86 178.45 DAIRYBRED STEER/HEIFER Over 80% Choice 953 764-914 859 59.7 136.37-167.80 153.90 65 - 80% Choice 588 769-929 835 59.3 136.86-187.87 158.10 35 - 65% Choice 458 698-865 809 59.1 139.30-168.73 147.78 0 - 35% Choice - - Total all grades 1,999 698-929 840 59.4 136.37-187.87 153.73 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 970 1,418-1,599 1,471 63.1 101.27-123.28 113.57 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 970 1,418-1,599 1,471 63.1 101.27-123.28 113.57 HEIFER Over 80% Choice 322 1,248-1,303 1,285 63.4 101.80-109.50 107.38 65 - 80% Choice 84 1,242-1,242 1,242 63.2 105.00-105.00 105.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 406 1,242-1,303 1,276 63.4 101.80-109.50 106.88 MIXED STEER/HEIFER Over 80% Choice 247 1,207-1,296 1,231 63.9 95.64-119.03 113.29 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 247 1,207-1,296 1,231 63.9 95.64-119.03 113.29 ALL STEERS & HEIFERS 1,623 1,207-1,599 1,386 63.3 95.64-123.28 111.85 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 .