LM_CT147 St Joseph, MO Mon Apr 29, 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, 04/28/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 10,841 296 11,137 13,100 8,048 Negotiated Grid Net: 2,680 0 2,680 3,083 2,668 Forward Contract Net: 11,057 2,855 13,912 9,654 8,878 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 3,786 760-1,019 903 63.3 205.00-234.30 210.07 65 - 80% Choice 484 726-900 869 63.7 206.18-208.64 207.74 35 - 65% Choice 150 921-921 921 62.4 207.00-207.00 207.00 0 - 35% Choice - - Total all grades 4,420 726-1,019 900 63.3 205.00-234.30 209.71 HEIFER Over 80% Choice 3,614 678-962 817 63.6 204.57-217.22 209.14 65 - 80% Choice - - 35 - 65% Choice 92 795-795 795 63.1 208.26-208.26 208.26 0 - 35% Choice - - Total all grades 3,706 678-962 816 63.5 204.57-217.22 209.11 MIXED STEER/HEIFER Over 80% Choice 993 706-926 795 61.7 192.63-232.00 208.19 65 - 80% Choice 405 709-876 800 61.7 194.11-209.24 206.70 35 - 65% Choice 385 728-793 776 61.4 202.88-207.41 204.17 0 - 35% Choice - - Total all grades 1,783 706-926 792 61.7 192.63-232.00 206.98 ALL STEERS & HEIFERS 9,909 678-1,019 849 63.1 192.63-234.30 208.99 MIXED STEER/HEIFER/COW Over 80% Choice 18 779-779 779 59.4 214.38-214.38 214.38 65 - 80% Choice - - 35 - 65% Choice 40 845-845 845 59.8 184.80-184.80 184.80 0 - 35% Choice 757 835-1,038 915 58.5 159.92-175.98 165.77 Total all grades 815 779-1,038 909 58.6 159.92-214.38 167.78 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 117 871-871 871 59.4 179.97-179.97 179.97 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 117 871-871 871 59.4 179.97-179.97 179.97 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 40 1,297-1,297 1,297 63.1 141.39-141.39 141.39 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 40 1,297-1,297 1,297 63.1 141.39-141.39 141.39 MIXED STEER/HEIFER Over 80% Choice 256 1,251-1,367 1,323 62.6 130.00-142.02 136.56 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 256 1,251-1,367 1,323 62.6 130.00-142.02 136.56 ALL STEERS & HEIFERS 296 1,251-1,367 1,319 62.7 130.00-142.02 137.21 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 1,064 775-1,000 953 63.4 195.55-212.26 206.74 65 - 80% Choice 155 812-851 822 62.0 204.00-207.61 206.66 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,219 775-1,000 936 63.3 195.55-212.26 206.73 HEIFER Over 80% Choice 377 787-793 791 62.6 206.92-209.42 208.35 65 - 80% Choice 106 723-723 723 61.3 206.79-206.79 206.79 35 - 65% Choice - - 0 - 35% Choice 51 609-609 609 59.6 186.27-186.27 186.27 Total all grades 534 609-793 760 62.0 186.27-209.42 205.93 MIXED STEER/HEIFER Over 80% Choice 458 716-915 827 62.4 197.46-209.59 205.24 65 - 80% Choice 135 838-935 912 62.9 204.00-207.17 206.09 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 593 716-935 847 62.5 197.46-209.59 205.43 ALL STEERS & HEIFERS 2,346 609-1,000 873 62.8 186.27-212.26 206.22 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 167 813-898 847 59.7 150.62-158.83 154.96 65 - 80% Choice 36 793-793 793 58.0 150.93-150.93 150.93 35 - 65% Choice 131 759-801 783 58.0 142.71-145.51 144.11 0 - 35% Choice - - Total all grades 334 759-898 816 58.9 142.71-158.83 150.27 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 1,986 749-960 889 63.6 194.93-212.84 204.97 65 - 80% Choice 608 855-901 872 63.2 191.54-206.84 200.49 35 - 65% Choice 224 827-829 828 63.4 202.44-208.28 204.66 0 - 35% Choice - - Total all grades 2,818 749-960 880 63.5 191.54-212.84 203.98 HEIFER Over 80% Choice 482 771-919 809 63.1 198.26-200.08 199.08 65 - 80% Choice 286 655-917 703 61.3 198.27-207.80 203.02 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 768 655-919 770 62.4 198.26-207.80 200.55 MIXED STEER/HEIFER Over 80% Choice 44 816-816 816 63.2 203.23-203.23 203.23 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 44 816-816 816 63.2 203.23-203.23 203.23 ALL STEERS & HEIFERS 3,630 655-960 856 63.3 191.54-212.84 203.24 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 4,415 756-981 852 59.6 157.10-190.92 177.87 65 - 80% Choice 2,090 709-940 808 59.0 160.84-186.02 172.97 35 - 65% Choice 848 679-852 769 58.8 159.84-178.09 169.34 0 - 35% Choice 74 757-757 757 59.3 172.84-172.84 172.84 Total all grades 7,427 679-981 829 59.3 157.10-190.92 175.47 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,553 1,282-1,580 1,390 63.0 121.03-129.00 126.72 65 - 80% Choice 159 1,335-1,335 1,335 63.2 127.56-127.56 127.56 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,712 1,282-1,580 1,384 63.0 121.03-129.00 126.79 HEIFER Over 80% Choice 350 1,173-1,441 1,278 63.3 123.17-126.62 125.21 65 - 80% Choice 51 1,143-1,143 1,143 63.2 124.66-124.66 124.66 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 401 1,143-1,441 1,261 63.2 123.17-126.62 125.14 MIXED STEER/HEIFER Over 80% Choice 704 1,167-1,446 1,320 62.9 121.87-130.93 126.19 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 704 1,167-1,446 1,320 62.9 121.87-130.93 126.19 ALL STEERS & HEIFERS 2,817 1,143-1,580 1,351 63.0 121.03-130.93 126.41 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 38 1,301-1,301 1,301 60.5 115.18-115.18 115.18 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 38 1,301-1,301 1,301 60.5 115.18-115.18 115.18 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 .