Markets

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



LM_CT129

St Joseph, MO    Fri May 23, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 5/22/2014



Confirmed:       11,429       Week Ago:    19,872        Last Year:    10,486

Week to Date:    20,476       Week Ago:    25,070        Last Year:    13,721



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,988    1,250-1,475    1,366  144.00-149.00   145.86

 65 - 80% Choice         1,364    1,300-1,400    1,344  145.00-146.00   145.77

 35 - 65% Choice           120    1,300-1,300    1,300  145.00-145.00   145.00

  0 - 35% Choice                       -                      -

 Total all grades        3,472    1,250-1,475    1,355  144.00-149.00   145.79

HEIFERS

 Over 80% Choice           394    1,185-1,300    1,224  144.00-145.00   144.90

 65 - 80% Choice           554    1,170-1,250    1,191  144.00-145.00   144.47

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          948    1,170-1,300    1,205  144.00-145.00   144.65



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,607      787-943       880   230.00-235.00   233.29

 65 - 80% Choice         1,146      866-905       880   230.00-234.00   231.08

 35 - 65% Choice            53      950-950       950   234.00-234.00   234.00

  0 - 35% Choice                       -                      -

 Total all grades        2,806      787-950       881   230.00-235.00   232.40

HEIFERS

 Over 80% Choice           176      724-777       737   234.00-234.00   234.00

 65 - 80% Choice           485      787-875       795   230.00-234.00   232.09

 35 - 65% Choice            24      950-950       950   234.00-234.00   234.00

  0 - 35% Choice                       -                      -

 Total all grades          685      724-950       785   230.00-234.00   232.65



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           225    1,425-1,425    1,425  148.00-148.00   148.00

 65 - 80% Choice           195    1,350-1,350    1,350  151.00-151.00   151.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          420    1,350-1,425    1,390  148.00-151.00   149.39

HEIFERS

 Over 80% Choice            15    1,125-1,125    1,125  144.00-144.00   144.00

 65 - 80% Choice           218    1,275-1,275    1,275  145.00-145.00   145.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          233    1,125-1,275    1,265  144.00-145.00   144.94



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           413      790-882       834   231.00-232.00   231.77

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          413      790-882       834   231.00-232.00   231.77

HEIFERS

 Over 80% Choice            80      752-752       752   232.50-232.50   232.50

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80      752-752       752   232.50-232.50   232.50



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            4,587       1,353.10         145.74

 Live    Heifer           1,170       1,200.20         144.71

 Dressed Steer            3,318         875.50         232.46

 Dressed Heifer           1,313         780.70         232.31



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            2,963       1,373.00         125.24

 Live    Heifer             383       1,238.50         125.27

 Dressed Steer            1,959         879.10         200.29

 Dressed Heifer             978         852.60         200.74



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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