LM_CT147 St Joseph, MO Mon Apr 08, 2019 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, 04/07/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 14,620 206 14,826 14,694 8,895 Negotiated Grid Net: 6,815 0 6,815 1,634 4,699 Forward Contract Net: 6,777 724 7,501 7,359 4,828 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 5,471 788-1,059 950 63.1 205.00-237.19 209.01 65 - 80% Choice 1,891 880-1,032 943 63.1 205.86-214.76 208.79 35 - 65% Choice 744 931-994 952 63.5 207.19-211.84 208.49 0 - 35% Choice - - Total all grades 8,106 788-1,059 949 63.2 205.00-237.19 208.91 HEIFER Over 80% Choice 3,485 659-966 822 63.5 202.80-224.85 210.02 65 - 80% Choice 244 707-827 778 63.0 202.67-207.89 207.17 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,729 659-966 820 63.5 202.67-224.85 209.84 MIXED STEER/HEIFER Over 80% Choice 1,049 714-974 797 62.0 199.42-225.16 208.16 65 - 80% Choice 444 725-919 823 61.2 199.14-208.38 204.57 35 - 65% Choice 311 725-781 753 59.9 189.79-205.20 198.91 0 - 35% Choice - - Total all grades 1,804 714-974 796 61.4 189.79-225.16 205.68 ALL STEERS & HEIFERS 13,639 659-1,059 893 63.0 189.79-237.19 208.74 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 77 721-868 795 60.6 191.66-199.91 195.73 35 - 65% Choice 151 697-953 820 58.4 168.08-183.92 174.14 0 - 35% Choice 464 753-1,034 899 58.2 163.96-179.14 169.78 Total all grades 692 697-1,034 870 58.6 163.96-199.91 173.62 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 289 744-813 772 58.3 171.00-180.89 179.49 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 289 744-813 772 58.3 171.00-180.89 179.49 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 139 1,353-1,491 1,394 64.3 128.00-130.00 129.53 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 139 1,353-1,491 1,394 64.3 128.00-130.00 129.53 HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 67 1,395-1,395 1,395 63.8 130.00-130.00 130.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 67 1,395-1,395 1,395 63.8 130.00-130.00 130.00 ALL STEERS & HEIFERS 206 1,353-1,491 1,394 64.1 128.00-130.00 129.68 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 2,184 740-1,016 926 62.8 202.08-215.80 206.45 65 - 80% Choice 920 864-916 900 63.1 205.70-208.80 206.35 35 - 65% Choice 37 907-907 907 64.6 207.33-207.33 207.33 0 - 35% Choice - - Total all grades 3,141 740-1,016 918 62.9 202.08-215.80 206.43 HEIFER Over 80% Choice 1,195 759-930 790 63.1 204.00-214.68 206.51 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice 51 658-658 658 57.7 170.09-170.09 170.09 Total all grades 1,246 658-930 785 62.9 170.09-214.68 205.02 MIXED STEER/HEIFER Over 80% Choice 1,826 730-969 881 62.4 186.83-209.27 203.93 65 - 80% Choice 260 781-855 831 60.1 188.81-203.33 193.61 35 - 65% Choice 41 748-748 748 60.9 207.61-207.61 207.61 0 - 35% Choice - - Total all grades 2,127 730-969 872 62.1 186.83-209.27 202.74 ALL STEERS & HEIFERS 6,514 658-1,016 878 62.7 170.09-215.80 204.96 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 241 778-935 877 59.5 149.05-156.19 152.04 65 - 80% Choice 37 813-813 813 58.0 151.82-151.82 151.82 35 - 65% Choice 23 752-863 810 59.1 141.71-143.14 142.39 0 - 35% Choice - - Total all grades 301 752-935 864 59.3 141.71-156.19 151.28 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 295 772-1,041 956 63.4 195.27-204.72 201.37 65 - 80% Choice 75 829-872 850 61.6 201.04-203.20 202.05 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 370 772-1,041 934 63.1 195.27-204.72 201.51 HEIFER Over 80% Choice 730 789-841 823 64.0 196.14-200.43 198.85 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 730 789-841 823 64.0 196.14-200.43 198.85 MIXED STEER/HEIFER Over 80% Choice 203 853-874 858 63.6 189.41-201.18 192.69 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 203 853-874 858 63.6 189.41-201.18 192.69 ALL STEERS & HEIFERS 1,303 772-1,041 860 63.7 189.41-204.72 198.65 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 3,470 701-947 847 59.5 160.24-191.87 176.45 65 - 80% Choice 1,642 686-907 814 59.3 160.69-189.29 175.77 35 - 65% Choice 362 733-862 792 59.3 168.89-182.13 177.45 0 - 35% Choice - - Total all grades 5,474 686-947 833 59.4 160.24-191.87 176.31 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 284 1,439-1,872 1,563 63.2 124.65-130.00 126.62 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 284 1,439-1,872 1,563 63.2 124.65-130.00 126.62 HEIFER Over 80% Choice 340 1,124-1,313 1,192 63.1 119.25-126.00 125.01 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 340 1,124-1,313 1,192 63.1 119.25-126.00 125.01 MIXED STEER/HEIFER Over 80% Choice 100 1,292-1,374 1,333 63.0 123.52-125.50 124.47 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 100 1,292-1,374 1,333 63.0 123.52-125.50 124.47 ALL STEERS & HEIFERS 724 1,124-1,872 1,357 63.1 119.25-130.00 125.56 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 .