LM_CT147 St Joseph, MO Mon Apr 22, 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, 04/21/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 12,868 232 13,100 12,195 7,268 Negotiated Grid Net: 3,083 0 3,083 3,898 2,592 Forward Contract Net: 7,987 1,667 9,654 8,093 6,230 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 5,589 744-1,068 940 62.9 199.92-229.57 206.89 65 - 80% Choice 883 778-965 900 62.6 204.00-206.92 205.63 35 - 65% Choice 92 758-867 821 63.0 202.86-206.20 204.78 0 - 35% Choice - - Total all grades 6,564 744-1,068 933 62.9 199.92-229.57 206.69 HEIFER Over 80% Choice 3,291 711-980 840 64.0 204.31-232.00 207.82 65 - 80% Choice 43 739-840 795 62.0 205.59-209.07 207.13 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,334 711-980 840 64.0 204.31-232.00 207.82 MIXED STEER/HEIFER Over 80% Choice 1,234 703-951 839 62.3 193.83-234.66 206.29 65 - 80% Choice 630 722-943 845 61.8 192.44-209.02 205.93 35 - 65% Choice 46 698-698 698 59.4 197.69-197.69 197.69 0 - 35% Choice - - Total all grades 1,910 698-951 838 62.1 192.44-234.66 205.97 ALL STEERS & HEIFERS 11,808 698-1,068 891 63.1 192.44-234.66 206.89 MIXED STEER/HEIFER/COW Over 80% Choice 34 850-850 850 58.7 206.33-206.33 206.33 65 - 80% Choice - - 35 - 65% Choice 89 928-971 949 59.9 183.31-189.00 186.12 0 - 35% Choice 860 852-977 937 58.7 159.72-168.85 164.09 Total all grades 983 850-977 935 58.8 159.72-206.33 167.54 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 77 871-871 871 59.6 179.72-179.72 179.72 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 77 871-871 871 59.6 179.72-179.72 179.72 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER No Reportable Trade. HEIFER Over 80% Choice 35 1,315-1,315 1,315 63.1 128.00-128.00 128.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 35 1,315-1,315 1,315 63.1 128.00-128.00 128.00 MIXED STEER/HEIFER Over 80% Choice 197 1,314-1,387 1,343 62.8 140.12-141.02 140.66 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 197 1,314-1,387 1,343 62.8 140.12-141.02 140.66 ALL STEERS & HEIFERS 232 1,314-1,387 1,339 62.8 128.00-141.02 138.75 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 729 829-1,014 914 63.0 203.41-209.69 206.43 65 - 80% Choice 486 819-1,057 948 63.1 202.32-208.75 206.50 35 - 65% Choice 133 852-883 866 60.7 205.00-210.37 207.95 0 - 35% Choice - - Total all grades 1,348 819-1,057 921 62.8 202.32-210.37 206.61 HEIFER Over 80% Choice 101 738-738 738 63.6 209.61-209.61 209.61 65 - 80% Choice 123 884-884 884 64.5 209.70-209.70 209.70 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 224 738-884 818 64.1 209.61-209.70 209.66 MIXED STEER/HEIFER Over 80% Choice 785 720-936 839 61.8 190.55-214.04 204.83 65 - 80% Choice 88 717-805 760 58.9 190.20-194.98 192.54 35 - 65% Choice 161 675-902 824 62.2 197.91-210.76 206.53 0 - 35% Choice - - Total all grades 1,034 675-936 830 61.6 190.20-214.04 204.05 ALL STEERS & HEIFERS 2,606 675-1,057 876 62.4 190.20-214.04 205.85 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 311 797-936 871 59.4 148.74-154.67 152.07 65 - 80% Choice 166 732-850 814 57.7 141.07-146.96 144.81 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 477 732-936 851 58.8 141.07-154.67 149.54 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 1,437 836-1,003 931 63.0 188.74-212.41 202.40 65 - 80% Choice 140 853-873 863 63.7 203.20-203.20 203.20 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,577 836-1,003 925 63.0 188.74-212.41 202.47 HEIFER Over 80% Choice 1,076 735-838 799 63.3 189.69-214.80 200.38 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,076 735-838 799 63.3 189.69-214.80 200.38 MIXED STEER/HEIFER Over 80% Choice 73 810-851 831 64.2 199.20-205.37 202.24 65 - 80% Choice 150 822-851 844 63.3 202.40-202.74 202.49 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 223 810-851 839 63.6 199.20-205.37 202.41 ALL STEERS & HEIFERS 2,876 735-1,003 871 63.2 188.74-214.80 201.68 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 2,928 703-985 833 59.1 159.66-190.87 175.41 65 - 80% Choice 1,397 757-905 814 58.7 163.23-187.80 175.33 35 - 65% Choice 712 672-848 788 58.6 160.16-186.86 168.36 0 - 35% Choice 74 759-759 759 59.5 172.87-172.87 172.87 Total all grades 5,111 672-985 821 58.9 159.66-190.87 174.37 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 998 1,176-1,599 1,376 62.6 120.37-130.00 125.49 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 998 1,176-1,599 1,376 62.6 120.37-130.00 125.49 HEIFER Over 80% Choice 255 1,182-1,327 1,241 63.2 125.02-128.70 126.60 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 255 1,182-1,327 1,241 63.2 125.02-128.70 126.60 MIXED STEER/HEIFER Over 80% Choice 254 1,262-1,409 1,348 62.1 123.42-129.00 124.59 65 - 80% Choice 160 1,147-1,147 1,147 63.2 124.66-124.66 124.66 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 414 1,147-1,409 1,270 62.5 123.42-129.00 124.62 ALL STEERS & HEIFERS 1,667 1,147-1,599 1,329 62.7 120.37-130.00 125.44 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 .