LM_CT191 St Joseph, MO Thu Oct 05, 2017 USDA Market News Service IOWA-MINNESOTA MONTHLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Month of September 2017 DOMESTIC CATTLE ONLY Dressed: Live: Total: Month Ago: Year Ago: Formula Net: 34,165 918 35,083 44,326 39,070 Negotiated Grid Net: 17,371 0 17,371 22,558 16,478 Forward Contract Net: 40,483 11,398 51,881 45,661 53,074 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 11,848 678-1,058 925 63.3 163.33-189.85 169.78 65 - 80% Choice 3,980 755-1,036 951 63.5 164.72-188.23 168.28 35 - 65% Choice 186 872-954 926 63.2 156.63-170.00 164.51 0 - 35% Choice - - Total all grades 16,014 678-1,058 931 63.4 156.63-189.85 169.34 HEIFER Over 80% Choice 3,159 694-899 804 63.4 161.21-195.40 173.17 65 - 80% Choice 388 708-855 783 63.9 165.00-172.20 168.71 35 - 65% Choice 61 789-840 824 64.0 166.45-166.99 166.81 0 - 35% Choice - - Total all grades 3,608 694-899 802 63.5 161.21-195.40 172.58 MIXED STEER/HEIFER Over 80% Choice 4,866 658-988 825 63.2 163.54-191.11 171.71 65 - 80% Choice 1,610 648-949 827 62.3 161.12-173.00 167.27 35 - 65% Choice 125 793-834 810 61.7 162.25-167.66 164.84 0 - 35% Choice - - Total all grades 6,601 648-988 825 63.0 161.12-191.11 170.50 ALL STEERS & HEIFERS 26,223 648-1,058 887 63.3 156.63-195.40 170.08 MIXED STEER/HEIFER/COW Over 80% Choice 931 753-1,001 867 61.4 160.73-171.93 165.66 65 - 80% Choice 509 783-863 829 60.3 155.37-170.17 160.42 35 - 65% Choice 880 720-986 888 60.0 144.46-166.53 152.99 0 - 35% Choice 1,329 755-961 877 58.4 125.82-152.23 138.67 Total all grades 3,649 720-1,001 870 59.8 125.82-171.93 152.05 DAIRYBRED STEER/HEIFER Over 80% Choice 2,175 771-943 884 60.7 147.67-170.32 164.24 65 - 80% Choice 1,413 782-922 871 60.7 157.45-170.19 163.68 35 - 65% Choice 705 753-904 834 61.0 140.41-169.04 162.15 0 - 35% Choice - - Total all grades 4,293 753-943 872 60.8 140.41-170.32 163.71 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 484 1,331-1,492 1,408 64.0 103.96-121.91 113.52 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 484 1,331-1,492 1,408 64.0 103.96-121.91 113.52 HEIFER Over 80% Choice 162 1,251-1,299 1,275 62.9 122.05-123.96 122.74 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 162 1,251-1,299 1,275 62.9 122.05-123.96 122.74 MIXED STEER/HEIFER Over 80% Choice 272 1,186-1,400 1,292 63.6 104.00-123.97 118.29 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 272 1,186-1,400 1,292 63.6 104.00-123.97 118.29 ALL STEERS & HEIFERS 918 1,186-1,492 1,350 63.7 103.96-123.97 116.56 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 4,152 811-995 928 63.5 155.42-189.69 169.42 65 - 80% Choice 1,054 785-1,008 900 62.6 165.00-179.65 168.32 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 5,206 785-1,008 922 63.3 155.42-189.69 169.20 HEIFER Over 80% Choice 2,538 700-905 811 63.4 163.66-186.19 169.61 65 - 80% Choice 259 782-782 782 64.7 174.00-174.00 174.00 35 - 65% Choice 91 805-812 808 64.3 166.47-175.37 171.46 0 - 35% Choice - - Total all grades 2,888 700-905 808 63.6 163.66-186.19 170.06 MIXED STEER/HEIFER Over 80% Choice 3,274 697-948 810 62.9 160.40-191.27 170.60 65 - 80% Choice 1,314 611-908 788 62.2 155.04-179.75 165.63 35 - 65% Choice 558 698-888 756 61.8 160.00-186.03 169.02 0 - 35% Choice - - Total all grades 5,146 611-948 799 62.6 155.04-191.27 169.16 ALL STEERS & HEIFERS 13,240 611-1,008 849 63.1 155.04-191.27 169.37 MIXED STEER/HEIFER/COW Over 80% Choice 283 746-942 848 61.2 143.94-162.72 154.07 65 - 80% Choice 31 868-868 868 59.7 147.00-147.00 147.00 35 - 65% Choice 17 872-872 872 62.1 138.66-138.66 138.66 0 - 35% Choice - - Total all grades 331 746-942 851 61.1 138.66-162.72 152.61 DAIRYBRED STEER/HEIFER Over 80% Choice 2,666 695-973 878 60.3 138.69-163.20 147.84 65 - 80% Choice 967 735-894 834 59.9 134.46-152.00 142.84 35 - 65% Choice 133 693-884 803 60.1 138.01-150.58 142.87 0 - 35% Choice 34 865-865 865 60.3 155.00-155.00 155.00 Total all grades 3,800 693-973 864 60.2 134.46-163.20 146.46 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 23,167 767-1,049 984 64.8 158.50-194.74 175.18 65 - 80% Choice 1,305 762-994 891 63.6 166.01-190.55 174.51 35 - 65% Choice 1,006 844-966 908 62.9 166.14-190.49 171.53 0 - 35% Choice - - Total all grades 25,478 762-1,049 976 64.7 158.50-194.74 175.00 HEIFER Over 80% Choice 4,845 752-1,020 836 64.0 147.43-186.46 173.21 65 - 80% Choice 929 807-946 850 64.4 173.55-188.93 181.65 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 5,774 752-1,020 838 64.1 147.43-188.93 174.57 MIXED STEER/HEIFER Over 80% Choice 1,547 693-927 825 63.1 147.70-200.81 169.22 65 - 80% Choice 34 820-820 820 60.0 175.55-175.55 175.55 35 - 65% Choice 118 779-816 803 63.3 161.09-161.98 161.38 0 - 35% Choice - - Total all grades 1,699 693-927 823 63.0 147.70-200.81 168.80 ALL STEERS & HEIFERS 32,951 693-1,049 944 64.5 147.43-200.81 174.61 MIXED STEER/HEIFER/COW Over 80% Choice 77 806-862 833 63.2 158.69-187.59 172.58 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 77 806-862 833 63.2 158.69-187.59 172.58 DAIRYBRED STEER/HEIFER Over 80% Choice 4,178 740-962 857 60.2 135.47-183.83 153.52 65 - 80% Choice 2,165 761-936 835 60.0 139.13-178.70 153.88 35 - 65% Choice 1,077 674-875 798 59.8 139.58-179.05 157.95 0 - 35% Choice 35 769-769 769 59.8 159.29-159.29 159.29 Total all grades 7,455 674-962 842 60.1 135.47-183.83 154.29 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 6,977 1,273-1,593 1,494 63.4 97.66-125.37 109.81 65 - 80% Choice 1,082 1,371-1,521 1,488 63.2 99.04-122.77 107.14 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 8,059 1,273-1,593 1,493 63.4 97.66-125.37 109.45 HEIFER Over 80% Choice 1,227 1,114-1,445 1,283 63.4 98.45-118.42 106.86 65 - 80% Choice 604 1,239-1,317 1,299 63.2 105.88-115.47 109.59 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,831 1,114-1,445 1,288 63.3 98.45-118.42 107.76 MIXED STEER/HEIFER Over 80% Choice 1,115 1,196-1,591 1,380 63.4 93.10-117.13 107.24 65 - 80% Choice 47 1,068-1,068 1,068 63.2 112.50-112.50 112.50 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,162 1,068-1,591 1,367 63.4 93.10-117.13 107.45 ALL STEERS & HEIFERS 11,052 1,068-1,593 1,446 63.4 93.10-125.37 108.96 MIXED STEER/HEIFER/COW Over 80% Choice 111 1,236-1,336 1,303 63.5 99.96-101.30 100.41 65 - 80% Choice 235 1,307-1,434 1,390 63.2 100.70-107.65 103.13 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 346 1,236-1,434 1,362 63.3 99.96-107.65 102.25 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 .