Markets

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



LM_CT129

St Joseph, MO    Mon May 19, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 5/16/2014



Confirmed:        5,118       Week Ago:    14,784        Last Year:    12,036

Week to Date:    30,188       Week Ago:    21,643        Last Year:    29,508



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           605    1,335-1,450    1,388  146.00-149.00   147.66

 65 - 80% Choice           527    1,275-1,325    1,291  145.00-148.00   146.09

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,132    1,275-1,450    1,343  145.00-149.00   146.93

HEIFERS

 Over 80% Choice           359    1,275-1,275    1,275  144.00-147.50   146.46

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          359    1,275-1,275    1,275  144.00-147.50   146.46



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           155      866-896       889   234.00-234.00   234.00

 65 - 80% Choice           141      834-868       855   232.00-234.00   233.49

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          296      834-896       873   232.00-234.00   233.76

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice           522      738-950       770   234.00-235.00   234.09

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          522      738-950       770   234.00-235.00   234.09



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           185    1,425-1,425    1,425  150.00-150.00   150.00

 65 - 80% Choice           125    1,400-1,400    1,400  149.00-149.00   149.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          310    1,400-1,425    1,415  149.00-150.00   149.60

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                       -                      -

 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                      -                      -



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            5,671       1,354.60         147.32

 Live    Heifer           2,149       1,227.30         147.12

 Dressed Steer            4,549         852.40         234.67

 Dressed Heifer           2,398         764.60         234.46



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            6,412       1,359.80         149.39

 Live    Heifer           2,692       1,224.90         148.52

 Dressed Steer            4,792         860.30         235.60

 Dressed Heifer             383         770.40         237.12



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            2,584       1,402.50         125.07

 Live    Heifer           2,099       1,249.00         125.38

 Dressed Steer            6,924         884.00         200.55

 Dressed Heifer           2,363         804.10         199.48



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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