LM_CT147 St Joseph, MO Mon Apr 15, 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, 04/14/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 11,960 235 12,195 14,826 8,972 Negotiated Grid Net: 3,898 0 3,898 6,815 2,385 Forward Contract Net: 7,197 896 8,093 7,501 5,894 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 5,644 792-1,026 939 63.0 200.71-229.78 207.36 65 - 80% Choice 807 830-964 891 62.8 204.60-211.17 207.64 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 6,451 792-1,026 933 63.0 200.71-229.78 207.40 HEIFER Over 80% Choice 2,486 729-883 810 63.2 201.39-217.95 207.52 65 - 80% Choice 428 693-891 786 63.9 205.00-214.28 208.38 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,914 693-891 806 63.3 201.39-217.95 207.64 MIXED STEER/HEIFER Over 80% Choice 832 727-863 801 62.2 198.55-234.42 209.90 65 - 80% Choice 432 723-902 821 61.7 189.61-209.52 203.12 35 - 65% Choice 259 768-956 935 62.9 203.01-203.99 203.88 0 - 35% Choice - - Total all grades 1,523 723-956 830 62.2 189.61-234.42 206.95 ALL STEERS & HEIFERS 10,888 693-1,026 885 63.0 189.61-234.42 207.40 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 37 752-752 752 61.1 191.55-191.55 191.55 35 - 65% Choice 175 755-941 871 58.8 176.58-192.49 182.00 0 - 35% Choice 708 851-954 933 58.6 160.90-174.66 167.02 Total all grades 920 752-954 914 58.8 160.90-192.49 170.86 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 152 887-904 893 60.7 179.72-179.72 179.72 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 152 887-904 893 60.7 179.72-179.72 179.72 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 71 1,356-1,356 1,356 64.1 130.00-130.00 130.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 71 1,356-1,356 1,356 64.1 130.00-130.00 130.00 HEIFER Over 80% Choice 164 1,226-1,309 1,289 63.3 127.83-130.00 128.36 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 164 1,226-1,309 1,289 63.3 127.83-130.00 128.36 MIXED STEER/HEIFER No Reportable Trade. ALL STEERS & HEIFERS 235 1,226-1,356 1,309 63.5 127.83-130.00 128.85 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 1,956 763-1,103 935 62.9 186.31-211.29 205.86 65 - 80% Choice 186 1,042-1,042 1,042 65.3 208.37-208.37 208.37 35 - 65% Choice 183 923-923 923 61.5 214.04-214.04 214.04 0 - 35% Choice - - Total all grades 2,325 763-1,103 943 63.0 186.31-214.04 206.71 HEIFER Over 80% Choice 258 718-866 811 63.2 205.00-214.02 209.79 65 - 80% Choice 81 590-590 590 62.8 197.90-197.90 197.90 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 339 590-866 758 63.1 197.90-214.02 206.95 MIXED STEER/HEIFER Over 80% Choice 686 743-925 855 62.1 202.75-211.77 206.01 65 - 80% Choice 202 736-913 864 59.8 181.95-204.47 195.76 35 - 65% Choice 74 855-855 855 59.4 176.69-176.69 176.69 0 - 35% Choice - - Total all grades 962 736-925 857 61.4 176.69-211.77 201.60 ALL STEERS & HEIFERS 3,626 590-1,103 903 62.6 176.69-214.04 205.37 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 200 735-926 832 58.9 146.95-155.49 151.34 65 - 80% Choice 50 709-865 821 58.0 140.76-145.27 143.59 35 - 65% Choice 22 741-741 741 59.2 141.86-141.86 141.86 0 - 35% Choice - - Total all grades 272 709-926 823 58.7 140.76-155.49 149.15 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 1,105 757-1,046 911 63.6 184.22-207.00 199.84 65 - 80% Choice 121 760-796 772 61.7 184.68-199.54 189.72 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,226 757-1,046 898 63.4 184.22-207.00 198.84 HEIFER Over 80% Choice 1,323 743-899 806 63.0 191.14-215.34 201.29 65 - 80% Choice - - 35 - 65% Choice 118 759-759 759 61.6 204.85-204.85 204.85 0 - 35% Choice - - Total all grades 1,441 743-899 802 62.9 191.14-215.34 201.58 MIXED STEER/HEIFER Over 80% Choice 66 822-822 822 63.3 185.00-185.00 185.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 66 822-822 822 63.3 185.00-185.00 185.00 ALL STEERS & HEIFERS 2,733 743-1,046 845 63.1 184.22-215.34 199.95 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 2,778 722-971 857 59.5 162.49-188.04 174.26 65 - 80% Choice 925 709-892 807 59.0 160.25-184.87 173.70 35 - 65% Choice 533 686-876 800 59.3 152.96-185.27 175.79 0 - 35% Choice 228 768-768 768 59.3 176.61-176.61 176.61 Total all grades 4,464 686-971 835 59.3 152.96-188.04 174.45 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 586 1,391-1,719 1,459 63.1 120.37-130.00 125.29 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 586 1,391-1,719 1,459 63.1 120.37-130.00 125.29 HEIFER Over 80% Choice 233 1,132-1,344 1,286 63.1 115.55-128.59 125.54 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 233 1,132-1,344 1,286 63.1 115.55-128.59 125.54 MIXED STEER/HEIFER Over 80% Choice 77 1,254-1,382 1,314 61.9 124.54-128.14 126.22 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 77 1,254-1,382 1,314 61.9 124.54-128.14 126.22 ALL STEERS & HEIFERS 896 1,132-1,719 1,402 63.0 115.55-130.00 125.43 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 .