LM_CT191 St Joseph, MO Mon May 06, 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 April 2019 DOMESTIC CATTLE ONLY Dressed: Live: Total: Month Ago: Year Ago: Formula Net: 53,552 1,166 54,718 61,503 35,367 Negotiated Grid Net: 17,892 0 17,892 16,931 12,972 Forward Contract Net: 38,856 8,498 47,354 33,615 28,132 FORMULA NET: Dressed Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 21,699 744-1,068 934 63.1 199.92-237.19 208.22 65 - 80% Choice 4,250 726-1,032 912 63.0 204.00-214.76 207.64 35 - 65% Choice 986 758-994 935 63.3 202.86-211.84 207.92 0 - 35% Choice - - Total all grades 26,935 726-1,068 931 63.1 199.92-237.19 208.11 HEIFER Over 80% Choice 13,702 659-980 825 63.6 201.39-232.00 208.79 65 - 80% Choice 760 693-891 781 63.5 202.67-214.28 207.84 35 - 65% Choice 92 795-795 795 63.1 208.26-208.26 208.26 0 - 35% Choice - - Total all grades 14,554 659-980 822 63.6 201.39-232.00 208.73 MIXED STEER/HEIFER Over 80% Choice 4,808 703-974 816 62.1 192.63-237.63 208.53 65 - 80% Choice 1,987 709-968 827 61.6 189.61-209.52 204.97 35 - 65% Choice 1,001 698-956 807 61.2 189.79-207.41 202.16 0 - 35% Choice - - Total all grades 7,796 698-974 818 61.9 189.61-237.63 206.81 ALL STEERS & HEIFERS 49,285 659-1,068 881 63.1 189.61-237.63 208.09 MIXED STEER/HEIFER/COW Over 80% Choice 52 779-850 825 58.9 206.33-214.38 209.12 65 - 80% Choice 114 721-868 781 60.8 191.55-199.91 194.37 35 - 65% Choice 455 697-971 867 59.0 168.08-192.49 180.45 0 - 35% Choice 3,011 753-1,038 922 58.5 159.72-179.14 166.26 Total all grades 3,632 697-1,038 910 58.7 159.72-214.38 169.53 DAIRYBRED STEER/HEIFER Over 80% Choice - - 65 - 80% Choice 635 744-904 832 59.2 171.00-180.89 179.66 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 635 744-904 832 59.2 171.00-180.89 179.66 FORMULA NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 367 1,272-1,491 1,361 63.5 128.00-142.33 132.04 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 367 1,272-1,491 1,361 63.5 128.00-142.33 132.04 HEIFER Over 80% Choice 239 1,226-1,315 1,294 63.2 127.83-141.39 130.49 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 239 1,226-1,315 1,294 63.2 127.83-141.39 130.49 MIXED STEER/HEIFER Over 80% Choice 560 1,251-1,395 1,335 62.8 130.00-143.82 137.74 65 - 80% Choice - - 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 560 1,251-1,395 1,335 62.8 130.00-143.82 137.74 ALL STEERS & HEIFERS 1,166 1,226-1,491 1,334 63.1 127.83-143.82 134.46 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 6,290 740-1,103 929 63.0 186.31-215.80 206.30 65 - 80% Choice 1,927 812-1,057 927 63.1 202.32-208.80 206.66 35 - 65% Choice 353 852-923 900 61.5 205.00-214.04 211.04 0 - 35% Choice - - Total all grades 8,570 740-1,103 927 62.9 186.31-215.80 206.58 HEIFER Over 80% Choice 2,205 718-930 805 63.3 204.00-214.68 207.43 65 - 80% Choice 310 590-884 752 63.0 197.90-209.70 205.62 35 - 65% Choice - - 0 - 35% Choice 102 609-658 634 58.7 170.09-186.27 178.18 Total all grades 2,617 590-930 792 63.1 170.09-214.68 206.08 MIXED STEER/HEIFER Over 80% Choice 4,074 716-969 857 62.2 186.83-214.04 204.93 65 - 80% Choice 890 717-935 860 60.5 181.95-208.59 197.52 35 - 65% Choice 276 675-902 821 61.3 176.69-210.76 198.69 0 - 35% Choice - - Total all grades 5,240 675-969 856 61.8 176.69-214.04 203.34 ALL STEERS & HEIFERS 16,427 590-1,103 883 62.6 170.09-215.80 205.47 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 931 735-936 860 59.3 146.95-158.83 152.39 65 - 80% Choice 289 709-865 812 57.8 140.76-151.82 146.26 35 - 65% Choice 176 741-863 781 58.3 141.71-145.51 143.60 0 - 35% Choice - - Total all grades 1,396 709-936 840 58.9 140.76-158.83 150.01 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 6,054 749-1,046 896 63.3 184.22-212.84 203.08 65 - 80% Choice 1,199 749-901 845 62.8 184.68-206.84 200.28 35 - 65% Choice 224 827-829 828 63.4 202.44-208.28 204.66 0 - 35% Choice - - Total all grades 7,477 749-1,046 886 63.3 184.22-212.84 202.68 HEIFER Over 80% Choice 4,220 735-919 804 63.4 189.68-215.34 199.59 65 - 80% Choice 570 645-917 700 62.0 191.89-207.80 198.67 35 - 65% Choice 251 666-759 710 60.4 204.85-207.94 206.49 0 - 35% Choice - - Total all grades 5,041 645-919 788 63.1 189.68-215.34 199.83 MIXED STEER/HEIFER Over 80% Choice 426 768-874 835 63.7 185.00-205.37 194.83 65 - 80% Choice 150 822-851 844 63.3 202.40-202.74 202.49 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 576 768-874 837 63.6 185.00-205.37 196.83 ALL STEERS & HEIFERS 13,094 645-1,046 846 63.2 184.22-215.34 201.32 MIXED STEER/HEIFER/COW No Reportable Trade. DAIRYBRED STEER/HEIFER Over 80% Choice 15,400 683-985 848 59.4 153.80-192.43 176.25 65 - 80% Choice 7,280 686-940 807 59.1 154.54-189.29 174.07 35 - 65% Choice 2,706 672-876 783 58.9 152.96-186.86 171.66 0 - 35% Choice 376 757-768 764 59.3 172.84-176.61 175.13 Total all grades 25,762 672-985 828 59.3 152.96-192.43 175.14 FORWARD CONTRACT NET: Live Basis Head Weight Avg Wtd Avg Price Avg Count Range Wt Dress Pct Range Price STEER Over 80% Choice 4,442 1,176-1,872 1,407 62.8 120.37-130.00 126.10 65 - 80% Choice 374 1,335-1,342 1,339 63.2 126.14-127.56 126.74 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 4,816 1,176-1,872 1,402 62.9 120.37-130.00 126.15 HEIFER Over 80% Choice 1,410 1,124-1,441 1,245 63.0 115.55-129.09 125.49 65 - 80% Choice 51 1,143-1,143 1,143 63.2 124.66-124.66 124.66 35 - 65% Choice 111 1,115-1,115 1,115 63.2 128.40-128.40 128.40 0 - 35% Choice - - Total all grades 1,572 1,115-1,441 1,233 63.0 115.55-129.09 125.67 MIXED STEER/HEIFER Over 80% Choice 1,700 1,118-1,487 1,327 62.6 119.97-130.93 125.36 65 - 80% Choice 372 1,137-1,233 1,156 63.2 119.67-128.40 125.61 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 2,072 1,118-1,487 1,296 62.7 119.67-130.93 125.41 ALL STEERS & HEIFERS 8,460 1,115-1,872 1,344 62.9 115.55-130.93 125.88 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 .