Markets

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



LM_CT129

St Joseph, MO    Fri May 16, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 5/15/2014



Confirmed:       19,872       Week Ago:     4,052        Last Year:    10,446

Week to Date:    25,070       Week Ago:     6,859        Last Year:    17,472



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,104    1,300-1,450    1,377  144.00-149.50   147.73

 65 - 80% Choice         1,736    1,250-1,450    1,346  146.00-148.00   147.13

 35 - 65% Choice           160    1,300-1,300    1,300  148.00-148.00   148.00

  0 - 35% Choice                       -                      -

 Total all grades        4,000    1,250-1,450    1,361  144.00-149.50   147.48

HEIFERS

 Over 80% Choice           901    1,185-1,250    1,220  147.00-147.50   147.39

 65 - 80% Choice           889    1,175-1,300    1,215  145.00-148.00   147.12

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,790    1,175-1,300    1,218  145.00-148.00   147.25



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           942      787-950       877   234.00-236.00   235.41

 65 - 80% Choice         2,181      816-905       855   232.00-236.00   233.91

 35 - 65% Choice           333      750-857       784   234.00-234.00   234.00

  0 - 35% Choice                       -                      -

 Total all grades        3,456      750-950       854   232.00-236.00   234.33

HEIFERS

 Over 80% Choice         1,471      730-834       771   233.50-236.00   234.72

 65 - 80% Choice           158      672-725       710   234.00-234.00   234.00

 35 - 65% Choice           247      750-750       750   234.00-234.00   234.00

  0 - 35% Choice                       -                      -

 Total all grades        1,876      672-834       763   233.50-236.00   234.56



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           255    1,275-1,350    1,337  146.00-151.50   149.82

 65 - 80% Choice           282    1,325-1,350    1,326  147.00-147.00   147.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          537    1,275-1,350    1,331  146.00-151.50   148.34

HEIFERS

 Over 80% Choice            42    1,225-1,225    1,225  148.50-148.50   148.50

 65 - 80% Choice            40    1,225-1,225    1,225  147.75-147.75   147.75

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           82    1,225-1,225    1,225  147.75-148.50   148.13



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,502      800-896       859   233.00-234.00   233.45

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,502      800-896       859   233.00-234.00   233.45

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            4,539       1,357.50         147.42

 Live    Heifer           1,790       1,217.80         147.25

 Dressed Steer            4,253         851.00         234.73

 Dressed Heifer           1,876         763.10         234.56



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            2,849       1,371.50         150.22

 Live    Heifer              43       1,250.00         148.00

 Dressed Steer            1,731         817.80         235.14

 Dressed Heifer             220         784.80         237.45



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            1,749       1,417.00         124.88

 Live    Heifer             803       1,247.20         125.68

 Dressed Steer            1,810         874.40         199.72

 Dressed Heifer           1,416         765.70         198.43



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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