Markets

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



LM_CT129

St Joseph, MO    Thu May 29, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 5/28/2014



Confirmed:       12,078       Week Ago:     8,450        Last Year:       393

Week to Date:    12,479       Week Ago:     9,047        Last Year:       829



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,023    1,325-1,425    1,393  142.00-145.50   144.78

 65 - 80% Choice         2,035    1,300-1,440    1,401  144.00-147.50   145.19

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,058    1,300-1,440    1,398  142.00-147.50   145.05

HEIFERS

 Over 80% Choice           687    1,180-1,300    1,240  144.00-146.00   144.62

 65 - 80% Choice           919    1,175-1,285    1,244  143.00-145.00   144.76

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,606    1,175-1,300    1,242  143.00-146.00   144.70



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           474      848-896       871   230.00-232.00   231.02

 65 - 80% Choice         2,134      832-950       855   226.00-232.00   228.79

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,608      832-950       858   226.00-232.00   229.20

HEIFERS

 Over 80% Choice           142      816-832       831   229.00-230.00   229.91

 65 - 80% Choice           681      756-781       764   226.00-230.00   227.68

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          823      756-832       775   226.00-230.00   228.06



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           427    1,350-1,375    1,363  145.00-148.10   147.18

 65 - 80% Choice           301    1,325-1,325    1,325  145.00-145.00   145.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          728    1,325-1,375    1,348  145.00-148.10   146.28

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice            11    1,175-1,175    1,175  143.00-143.00   143.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           11    1,175-1,175    1,175  143.00-143.00   143.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           180      866-896       887   229.00-230.00   229.59

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          180      866-896       887   229.00-230.00   229.59

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            3,058       1,398.00         145.05

 Live    Heifer           1,750       1,242.90         144.68

 Dressed Steer            2,608         857.50         229.20

 Dressed Heifer             823         775.30         228.06



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer

 Live    Heifer

 Dressed Steer              185         935.00         200.00

 Dressed Heifer             117         744.00         199.50



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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