Markets

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



LM_CT129

St Joseph, MO    Thu May 15, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 5/14/2014



Confirmed:       1,709        Week Ago:     1,514        Last Year:     5,108

Week to Date:    5,198        Week Ago:     2,807        Last Year:     7,026



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            88    1,300-1,300    1,300  147.50-147.50   147.50

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           88    1,300-1,300    1,300  147.50-147.50   147.50

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           117    1,325-1,325    1,325  150.00-150.00   150.00

 65 - 80% Choice           206    1,300-1,300    1,300  147.85-147.85   147.85

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          323    1,300-1,325    1,309  147.85-150.00   148.63

HEIFERS

 Over 80% Choice           218    1,200-1,250    1,210  147.50-152.00   151.13

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          218    1,200-1,250    1,210  147.50-152.00   151.13



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -

HEIFERS

 Over 80% Choice           200      826-826       826   234.00-234.00   234.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          200      826-826       826   234.00-234.00   234.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer              539       1,335.70         146.93

 Live    Heifer

 Dressed Steer              797         838.00         236.48

 Dressed Heifer



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer               71       1,375.00         150.00

 Live    Heifer

 Dressed Steer            1,381         807.00         234.66

 Dressed Heifer              40         775.00         235.00



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              604       1,383.70         124.46

 Live    Heifer             434       1,264.60         126.96

 Dressed Steer            1,186         868.40         199.49

 Dressed Heifer             930         753.80         198.09



Source:    USDA Market News Service, St. Joseph, MO

           816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews



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