IOWA – MINNESOTA DAILY DIRECT SLAUGHTER CATTLE – NEGOTIATED PURCHASES – Summary Roundup for: Wednesday, 08/08/2012

Wednesday trading was inactive. Thursday morning trading has been limited on light demand. Not enough live and dressed sales to fully establish a market trend. Last week live sale sold from 116.00-117.00. A few early dressed sales have sold at 190.00. However, last week bulk dressed sales sold at 185.00.

Domestic source only. Live sales based on net weights FOB the feedlot after a 3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed: 5,390 Week ago: 894 Year ago: 704
Week to Date: 5,853 Week ago: 1,507 Year ago: 1,278

NEGOTIATED GRID BASE:
Confirmed: 1,349 Week ago: 957 Year ago: 476
Week to Date: 2,393 Week ago: 1,817 Year ago: 1,198

NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg
Count Dress Pct Range Weight Range Price
STEER – LIVE – FOB
Over 80% Choice 70 63.5 1,500-1,500 1,500.0 119.00-119.00 119.00
65 – 80% Choice 122 63.3 1,375-1,375 1,375.0 119.00-119.00 119.00
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 192 63.4 1,375-1,500 1,420.6 119.00-119.00 119.00
STEER – DRESSED – DELIVERED
Over 80% Choice 263 63.7 793-896 862.5 190.00-190.00 190.00
65 – 80% Choice 2,447 62.6 857-952 947.0 190.00-190.00 190.00
35 – 65% Choice – -
0 – 35% Choice 80 62.5 950-950 950.0 190.00-190.00 190.00
Total all grades 2,790 62.7 793-952 939.1 190.00-190.00 190.00
HEIFER – LIVE – FOB
No Reportable Trade.
HEIFER – DRESSED – DELIVERED
Over 80% Choice 630 63.5 812-828 824.6 185.00-190.00 188.93
65 – 80% Choice 160 62.5 950-950 950.0 190.00-190.00 190.00
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 790 63.3 812-950 850.0 185.00-190.00 189.15
MIXED STEER/HEIFER – LIVE – FOB
No Reportable Trade.
MIXED STEER/HEIFER – DRESSED – DELIVERED
Over 80% Choice 37 63.5 825-825 825.0 190.00-190.00 190.00
65 – 80% Choice 320 62.5 950-950 950.0 190.00-190.00 190.00
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 357 62.6 825-950 937.0 190.00-190.00 190.00
ALL BEEF TYPE STEERS AND HEIFERS – LIVE – FOB
Total all grades 192 63.4 1,375-1,500 1,420.6 119.00-119.00 119.00
ALL BEEF TYPE STEERS AND HEIFERS – DRESSED – DELIVERED
Total all grades 3,937 62.8 793-952 921.0 185.00-190.00 189.83
DAIRYBRED STEER/HEIFER – LIVE – FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFER – DRESSED – DELIVERED
Over 80% Choice 110 62.0 649-912 857.4 178.00-178.00 178.00
65 – 80% Choice – -
35 – 65% Choice 88 60.5 847-847 847.0 177.00-177.00 177.00
0 – 35% Choice – -
Total all grades 198 61.3 649-912 852.8 177.00-178.00 177.56
MIXED STEER/HEIFER/COW
No Reportable Trade.

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT (Includes all transactions regardless of delivery day)

Head Wtd Avg Avg Wt Wtd Avg Price Wtd Avg
Count Dress Pct Range Weight Range Price
STEER – LIVE – FOB
No Reportable Trade.
STEER – DRESSED – DELIVERED
Over 80% Choice 214 63.6 796-889 846.7 190.00-192.00 190.95
65 – 80% Choice – -
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 214 63.6 796-889 846.7 190.00-192.00 190.95
HEIFER – LIVE – FOB
No Reportable Trade.
HEIFER – DRESSED – DELIVERED
Over 80% Choice 90 63.7 812-825 816.3 192.00-192.00 192.00
65 – 80% Choice – -
35 – 65% Choice – -
0 – 35% Choice 62 62.0 850-850 850.0 182.00-182.00 182.00
Total all grades 152 63.0 812-850 830.1 182.00-192.00 187.92
MIXED STEER/HEIFER – LIVE – FOB
No Reportable Trade.
MIXED STEER/HEIFER – DRESSED – DELIVERED
Over 80% Choice 82 63.7 762-800 780.5 190.00-190.00 190.00
65 – 80% Choice 73 62.5 781-950 880.7 185.00-189.00 187.36
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 155 63.2 762-950 827.7 185.00-190.00 188.75
ALL BEEF TYPE STEERS AND HEIFERS – LIVE – FOB
Total all grades – -
ALL BEEF TYPE STEERS AND HEIFERS – DRESSED – DELIVERED
Total all grades 521 63.3 762-950 836.2 182.00-192.00 189.41
DAIRYBRED STEER/HEIFER – LIVE – FOB
No Reportable Trade.
DAIRYBRED STEER/HEIFER – DRESSED – DELIVERED
Over 80% Choice 461 61.0 775-775 775.0 177.00-181.00 180.08
65 – 80% Choice 260 60.0 825-825 825.0 180.00-184.00 182.25
35 – 65% Choice – -
0 – 35% Choice – -
Total all grades 721 60.7 775-825 793.0 177.00-184.00 180.86
MIXED STEER/HEIFER/COW
No Reportable Trade.