Markets

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



LM_CT129

St Joseph, MO    Mon Jun 2, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 5/30/2014



Confirmed:        1,870       Week Ago:     1,076        Last Year:    21,792

Week to Date:    27,822       Week Ago:    21,552        Last Year:    23,446



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           115    1,350-1,375    1,365  144.00-145.50   144.91

 65 - 80% Choice           288    1,325-1,450    1,352  145.50-146.00   145.81

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          403    1,325-1,450    1,356  144.00-146.00   145.56

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice           137    1,100-1,175    1,147  144.00-145.00   144.63

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          137    1,100-1,175    1,147  144.00-145.00   144.63



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            38      882-882       882   232.00-232.00   232.00

 65 - 80% Choice           123      790-882       850   231.00-232.00   231.65

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          161      790-882       857   231.00-232.00   231.73

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           184    1,400-1,400    1,400  142.50-147.00   144.51

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          184    1,400-1,400    1,400  142.50-147.00   144.51

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           202      826-857       851   231.00-231.00   231.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          202      826-857       851   231.00-231.00   231.00

HEIFERS

 Over 80% Choice           126      794-794       794   231.00-231.00   231.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          126      794-794       794   231.00-231.00   231.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            7,628       1,368.50         145.13

 Live    Heifer           4,094       1,232.60         144.65

 Dressed Steer            4,904         866.40         230.27

 Dressed Heifer           1,261         769.80         228.74



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            4,692       1,353.60         145.73

 Live    Heifer           1,250       1,208.20         144.73

 Dressed Steer            3,920         884.80         232.64

 Dressed Heifer           1,313         780.70         232.31



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            5,601       1,389.80         125.15

 Live    Heifer           1,924       1,249.30         125.44

 Dressed Steer            4,919         877.00         198.90

 Dressed Heifer           2,044         785.70         199.13



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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