LM_CT147 St Joseph, MO Mon May 06, 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, 05/05/2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Total Week Ago: Total Year Ago: Formula Net: 9,090 439 9,529 11,137 7,464 Negotiated Grid Net: 3,270 0 3,270 2,680 3,059 Forward Contract Net: 11,378 3,981 15,359 13,912 7,691 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 2,670 787-1,058 930 63.8 201.08-233.98 208.03 65 - 80% Choice 768 780-945 872 63.1 204.47-208.62 206.20 35 - 65% Choice 61 806-806 806 62.7 201.68-201.68 201.68 0 - 35% Choice - - Total all grades 3,499 780-1,058 915 63.6 201.08-233.98 207.52 HEIFER Over 80% Choice 2,924 754-998 877 64.4 206.66-216.58 208.55 65 - 80% Choice 93 743-777 761 63.0 206.21-207.00 206.59 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,017 743-998 874 64.4 206.21-216.58 208.49 MIXED STEER/HEIFER Over 80% Choice 1,661 713-948 845 62.1 194.66-237.63 209.83 65 - 80% Choice 163 821-968 884 61.5 195.15-205.64 203.25 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,824 713-968 849 62.0 194.66-237.63 209.25 ALL STEERS & HEIFERS 8,340 713-1,058 886 63.5 194.66-237.63 208.25 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice 709 763-1,043 904 58.3 162.85-176.27 166.88 Total all grades 709 763-1,043 904 58.3 162.85-176.27 166.88 DAIRYBRED STEER/HEIFER Over 80% Choice 41 816-816 816 59.8 170.00-170.00 170.00 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 41 816-816 816 59.8 170.00-170.00 170.00 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 312 1,272-1,387 1,350 62.6 128.50-142.33 132.61 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 312 1,272-1,387 1,350 62.6 128.50-142.33 132.61 HEIFER No Reportable Trade. MIXED STEER/HEIFER Over 80% Choice 127 1,265-1,403 1,360 62.7 129.59-143.82 134.07 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 127 1,265-1,403 1,360 62.7 129.59-143.82 134.07 ALL STEERS & HEIFERS 439 1,265-1,403 1,353 62.7 128.50-143.82 133.04 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 683 861-996 905 63.1 205.75-211.69 206.83 65 - 80% Choice 414 902-978 939 61.8 206.89-216.22 211.03 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,097 861-996 918 62.6 205.75-216.22 208.41 HEIFER Over 80% Choice 372 761-904 888 63.9 195.66-207.17 204.58 65 - 80% Choice - - 35 - 65% Choice 49 738-738 738 60.0 203.00-203.00 203.00 0 - 35% Choice - - Total all grades 421 738-904 870 63.5 195.66-207.17 204.40 MIXED STEER/HEIFER Over 80% Choice 1,201 645-881 818 61.6 190.24-213.84 205.91 65 - 80% Choice 244 805-929 886 60.7 191.29-208.59 201.77 35 - 65% Choice 42 677-677 677 58.8 189.63-189.63 189.63 0 - 35% Choice - - Total all grades 1,487 645-929 825 61.4 189.63-213.84 204.77 ALL STEERS & HEIFERS 3,005 645-996 865 62.1 189.63-216.22 206.05 MIXED STEER/HEIFER/COW Over 80% Choice - - 65 - 80% Choice 35 861-861 861 61.3 181.63-181.63 181.63 35 - 65% Choice - - 0 - 35% Choice 34 873-873 873 59.5 157.28-157.28 157.28 Total all grades 69 861-873 867 60.4 157.28-181.63 169.63 DAIRYBRED STEER/HEIFER Over 80% Choice 102 779-895 839 59.5 149.52-154.50 152.30 65 - 80% Choice 49 838-889 856 58.7 148.67-151.22 149.55 35 - 65% Choice 45 686-686 686 56.4 144.37-144.37 144.37 0 - 35% Choice - - Total all grades 196 686-895 808 58.6 144.37-154.50 149.80 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 1,441 801-981 859 63.3 194.86-207.00 204.57 65 - 80% Choice 696 749-907 840 63.2 194.85-204.33 199.59 35 - 65% Choice 39 776-776 776 61.3 198.51-198.51 198.51 0 - 35% Choice - - Total all grades 2,176 749-981 851 63.2 194.85-207.00 202.87 HEIFER Over 80% Choice 609 744-828 783 63.8 189.68-202.68 195.81 65 - 80% Choice 284 645-733 696 62.7 191.89-197.60 194.28 35 - 65% Choice 133 666-666 666 59.4 207.94-207.94 207.94 0 - 35% Choice - - Total all grades 1,026 645-828 744 62.9 189.68-207.94 196.96 MIXED STEER/HEIFER Over 80% Choice 40 768-768 768 64.4 199.20-199.20 199.20 65 - 80% Choice 40 744-744 744 61.9 187.65-187.65 187.65 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 80 744-768 756 63.2 187.65-199.20 193.43 ALL STEERS & HEIFERS 3,282 645-981 815 63.1 187.65-207.94 200.79 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 3,942 683-983 854 59.4 153.80-192.43 174.90 65 - 80% Choice 2,396 650-940 790 59.1 148.91-188.18 173.05 35 - 65% Choice 1,640 621-905 767 58.9 145.57-182.61 170.47 0 - 35% Choice 118 658-696 674 57.0 158.38-161.62 159.94 Total all grades 8,096 621-983 815 59.2 145.57-192.43 173.23 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,797 1,209-1,596 1,379 62.8 120.37-129.97 126.12 65 - 80% Choice 365 1,188-1,342 1,279 62.1 126.14-126.19 126.16 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,162 1,188-1,596 1,362 62.6 120.37-129.97 126.12 HEIFER Over 80% Choice 482 1,141-1,282 1,207 62.4 121.25-129.09 124.45 65 - 80% Choice - - 35 - 65% Choice 111 1,115-1,115 1,115 63.2 128.40-128.40 128.40 0 - 35% Choice - - Total all grades 593 1,115-1,282 1,190 62.6 121.25-129.09 125.19 MIXED STEER/HEIFER Over 80% Choice 975 1,118-1,487 1,297 62.5 119.97-128.07 125.34 65 - 80% Choice 251 1,091-1,233 1,152 63.2 119.67-128.40 125.79 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,226 1,091-1,487 1,267 62.6 119.67-128.40 125.43 ALL STEERS & HEIFERS 3,981 1,091-1,596 1,307 62.6 119.67-129.97 125.77 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 .