IA-MN Daily Wtd Avg Direct Slaughter Cattle - Negotiated Sales

LM_CT129
St Joseph, MO    Fri May 4, 2012    USDA Market News

IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for: Thursday, 5/3/2012

Confirmed:       2,954        Week Ago:     2,551        Last Year:     3,479
Week to Date:    8,446        Week Ago:     4,363        Last Year:    26,988

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           814    1,300-1,500    1,417  120.00-123.00   121.03
 65 - 80% Choice           120    1,275-1,275    1,275  120.00-120.00   120.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          934    1,275-1,500    1,399  120.00-123.00   120.90
HEIFERS
 Over 80% Choice            42    1,200-1,200    1,200  123.00-123.00   123.00
 65 - 80% Choice           195    1,245-1,245    1,245  121.00-121.00   121.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          237    1,200-1,245    1,237  121.00-123.00   121.35

                          DRESSED DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice                       -                      -
 65 - 80% Choice            37      950-950       950   193.00-193.00   193.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           37      950-950       950   193.00-193.00   193.00
HEIFERS
 Over 80% Choice            80      765-812       789   192.00-194.00   193.00
 65 - 80% Choice            28      950-950       950   195.00-195.00   195.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          108      765-950       830   192.00-195.00   193.52

                           LIVE DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           231    1,325-1,475    1,437  120.00-122.00   120.68
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          231    1,325-1,475    1,437  120.00-122.00   120.68
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades                      -                      -

                             DRESSED FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           591      816-945       892   190.00-193.25   191.83
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          591      816-945       892   190.00-193.25   191.83
HEIFERS
 Over 80% Choice           210      819-819       819   192.00-192.00   192.00
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          210      819-819       819   192.00-192.00   192.00

WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

 Live    Steer            2,245       1,367.50         120.16
 Live    Heifer           1,663       1,233.20         118.98
 Dressed Steer              452         860.10         191.69
 Dressed Heifer             687         793.00         192.77

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer            1,302       1,369.10         121.39
 Live    Heifer             468       1,203.40         120.87
 Dressed Steer            1,353         859.00         194.00
 Dressed Heifer              14         781.00         194.00

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer            6,418       1,325.50         115.45
 Live    Heifer           2,201       1,214.20         115.63
 Dressed Steer            7,285         843.60         184.99
 Dressed Heifer           1,633         750.10         185.22

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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