Markets

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



LM_CT129

St Joseph, MO    Thu May 22, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 5/21/2014



Confirmed:       8,450        Week Ago:     1,709        Last Year:     2,950

Week to Date:    9,047        Week Ago:     5,198        Last Year:     3,235



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           263    1,300-1,425    1,390  146.00-149.00   147.50

 65 - 80% Choice           852    1,325-1,375    1,335  145.00-145.00   145.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,115    1,300-1,425    1,348  145.00-149.00   145.59

HEIFERS

 Over 80% Choice           222    1,170-1,225    1,180  145.00-145.00   145.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          222    1,170-1,225    1,180  145.00-145.00   145.00



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            15      828-828       828   232.00-232.00   232.00

 65 - 80% Choice           497      797-864       845   232.00-234.00   232.84

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          512      797-864       844   232.00-234.00   232.82

HEIFERS

 Over 80% Choice           150      788-864       807   230.00-234.00   231.39

 65 - 80% Choice           478      750-781       766   230.00-233.00   232.11

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          628      750-864       776   230.00-234.00   231.94



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           146    1,400-1,400    1,400  147.50-151.50   150.40

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          146    1,400-1,400    1,400  147.50-151.50   150.40

HEIFERS

 Over 80% Choice           135    1,050-1,050    1,050  145.00-145.00   145.00

 65 - 80% Choice            40    1,185-1,185    1,185  146.00-146.00   146.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          175    1,050-1,185    1,081  145.00-146.00   145.23



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           536      793-857       823   232.00-234.00   232.37

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          536      793-857       823   232.00-234.00   232.37

HEIFERS

 Over 80% Choice           173      750-841       799   232.00-232.00   232.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          173      750-841       799   232.00-232.00   232.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            1,115       1,348.00         145.59

 Live    Heifer             222       1,180.40         145.00

 Dressed Steer              512         844.20         232.82

 Dressed Heifer             628         775.70         231.94



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              597       1,402.90         127.35

 Live    Heifer

 Dressed Steer              695         950.00         202.00

 Dressed Heifer             329         950.00         202.00



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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