LM_CT191 St Joseph, MO Wed Apr 03, 2019 USDA Market News Service IOWA-MINNESOTA MONTHLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED, FORWARD CONTRACT, AND NEGOTIATED GRID PURCHASES For cattle priced during Month of March 2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Month Ago: Year Ago: Formula Net: 60,414 1,173 61,587 59,409 52,932 Negotiated Grid Net: 16,931 0 16,931 14,226 12,703 Forward Contract Net: 30,177 3,438 33,615 23,769 23,686 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 29,182 769-1,086 940 62.7 196.18-228.51 206.28 65 - 80% Choice 3,557 712-1,018 923 62.8 201.79-212.11 206.80 35 - 65% Choice 620 873-1,018 960 63.2 202.17-208.69 206.26 0 - 35% Choice - - Total all grades 33,359 712-1,086 939 62.8 196.18-228.51 206.33 HEIFER Over 80% Choice 13,402 670-955 832 63.1 192.36-223.84 207.57 65 - 80% Choice 435 659-736 696 61.7 199.07-210.43 205.48 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 13,837 659-955 828 63.1 192.36-223.84 207.51 MIXED STEER/HEIFER Over 80% Choice 7,363 693-1,097 830 62.1 188.11-236.05 208.92 65 - 80% Choice 899 695-919 814 61.6 192.94-209.02 205.96 35 - 65% Choice 185 712-800 766 60.6 194.15-204.81 201.31 0 - 35% Choice - - Total all grades 8,447 693-1,097 827 62.0 188.11-236.05 208.43 ALL STEERS & HEIFERS 55,643 659-1,097 894 62.7 188.11-236.05 206.94 MIXED STEER/HEIFER/COW Over 80% Choice 308 790-925 870 61.6 197.62-207.62 202.60 65 - 80% Choice 71 801-941 868 60.0 189.78-198.55 194.35 35 - 65% Choice 467 789-964 860 59.8 163.91-189.86 178.08 0 - 35% Choice 2,926 735-1,054 876 57.4 142.17-175.37 164.15 Total all grades 3,772 735-1,054 873 58.1 142.17-207.62 169.59 DAIRYBRED STEER/HEIFER Over 80% Choice 39 794-794 794 60.3 163.61-163.61 163.61 65 - 80% Choice 960 743-854 817 59.3 170.00-183.01 179.26 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 999 743-854 816 59.4 163.61-183.01 178.65 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 429 1,362-1,468 1,431 62.4 128.00-143.45 131.72 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 429 1,362-1,468 1,431 62.4 128.00-143.45 131.72 HEIFER Over 80% Choice 219 1,238-1,394 1,303 61.7 130.00-144.12 132.45 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 219 1,238-1,394 1,303 61.7 130.00-144.12 132.45 MIXED STEER/HEIFER Over 80% Choice 525 1,307-1,434 1,374 62.2 128.50-145.20 138.11 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 525 1,307-1,434 1,374 62.2 128.50-145.20 138.11 ALL STEERS & HEIFERS 1,173 1,238-1,468 1,382 62.2 128.00-145.20 134.71 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 5,098 767-1,013 918 62.9 197.18-209.91 203.87 65 - 80% Choice 1,188 837-990 898 62.7 200.87-206.38 204.47 35 - 65% Choice 124 780-868 825 60.3 202.00-210.35 206.44 0 - 35% Choice - - Total all grades 6,410 767-1,013 913 62.9 197.18-210.35 204.03 HEIFER Over 80% Choice 2,932 681-922 776 62.6 198.20-211.32 204.23 65 - 80% Choice 132 770-770 770 63.9 206.05-206.05 206.05 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 3,064 681-922 776 62.6 198.20-211.32 204.31 MIXED STEER/HEIFER Over 80% Choice 4,021 663-1,007 829 61.9 193.31-213.24 203.94 65 - 80% Choice 698 715-929 809 60.5 185.85-210.84 200.63 35 - 65% Choice 112 631-779 729 60.3 190.66-208.21 202.21 0 - 35% Choice 31 751-751 751 59.9 201.07-201.07 201.07 Total all grades 4,862 631-1,007 823 61.7 185.85-213.24 203.41 ALL STEERS & HEIFERS 14,336 631-1,013 853 62.4 185.85-213.24 203.88 MIXED STEER/HEIFER/COW Over 80% Choice 74 885-885 885 59.9 190.85-190.85 190.85 65 - 80% Choice - - 35 - 65% Choice 55 794-834 821 58.7 146.75-175.14 165.85 0 - 35% Choice 36 809-809 809 57.9 167.78-167.78 167.78 Total all grades 165 794-885 847 59.1 146.75-190.85 177.48 DAIRYBRED STEER/HEIFER Over 80% Choice 2,028 642-960 824 58.8 147.81-160.18 154.91 65 - 80% Choice 273 766-912 817 58.6 149.30-152.66 151.27 35 - 65% Choice 129 632-825 762 58.7 144.04-151.84 147.09 0 - 35% Choice - - Total all grades 2,430 632-960 820 58.8 144.04-160.18 154.08 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 3,342 756-1,037 920 63.1 182.96-207.83 196.93 65 - 80% Choice 235 831-955 919 62.0 190.08-191.26 191.07 35 - 65% Choice 40 692-692 692 59.8 178.17-178.17 178.17 0 - 35% Choice - - Total all grades 3,617 692-1,037 918 63.0 178.17-207.83 196.34 HEIFER Over 80% Choice 2,404 706-894 793 63.3 186.04-202.33 194.41 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,404 706-894 793 63.3 186.04-202.33 194.41 MIXED STEER/HEIFER Over 80% Choice 473 806-875 822 63.2 189.12-205.53 198.60 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 473 806-875 822 63.2 189.12-205.53 198.60 ALL STEERS & HEIFERS 6,494 692-1,037 865 63.1 178.17-207.83 195.79 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 16,482 690-951 845 59.1 158.10-193.55 175.25 65 - 80% Choice 5,752 673-915 813 59.1 159.21-190.97 175.36 35 - 65% Choice 1,449 658-888 796 59.1 153.09-189.60 170.04 0 - 35% Choice - - Total all grades 23,683 658-951 834 59.1 153.09-193.55 174.96 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 1,435 1,371-1,552 1,446 62.4 122.07-145.38 131.73 65 - 80% Choice 70 1,463-1,469 1,466 63.2 128.54-128.54 128.54 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,505 1,371-1,552 1,447 62.4 122.07-145.38 131.58 HEIFER Over 80% Choice 1,471 1,151-1,489 1,292 62.8 118.50-127.75 124.01 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,471 1,151-1,489 1,292 62.8 118.50-127.75 124.01 MIXED STEER/HEIFER Over 80% Choice 462 1,285-1,416 1,368 62.3 114.50-145.41 130.45 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 462 1,285-1,416 1,368 62.3 114.50-145.41 130.45 ALL STEERS & HEIFERS 3,438 1,151-1,552 1,370 62.5 114.50-145.41 128.19 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 .