Markets

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



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St Joseph, MO    Thu Jun 5, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 6/4/2014



Confirmed:       1,246        Week Ago:    12,078        Last Year:       762

Week to Date:    1,380        Week Ago:    12,479        Last Year:     1,876



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            38    1,150-1,150    1,150  144.00-144.00   144.00

 65 - 80% Choice           155    1,365-1,365    1,365  143.50-143.50   143.50

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          193    1,150-1,365    1,323  143.50-144.00   143.60

HEIFERS

 Over 80% Choice           155    1,325-1,325    1,325  145.00-145.00   145.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          155    1,325-1,325    1,325  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           160      896-896       896   232.00-232.00   232.00

 65 - 80% Choice            25      819-819       819   230.00-230.00   230.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          185      819-896       886   230.00-232.00   231.73

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice           158      771-771       771   231.00-231.00   231.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          158      771-771       771   231.00-231.00   231.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           185    1,350-1,400    1,389  145.00-150.00   148.92

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          185    1,350-1,400    1,389  145.00-150.00   148.92

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           183      837-837       837   230.50-230.50   230.50

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          183      837-837       837   230.50-230.50   230.50

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              193       1,322.70         143.60

 Live    Heifer             155       1,325.00         145.00

 Dressed Steer              185         885.60         231.73

 Dressed Heifer             158         771.00         231.00



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              186       1,312.20         124.42

 Live    Heifer              40       1,325.00         125.00

 Dressed Steer               12         889.00         194.00

 Dressed Heifer             266         778.10         196.00



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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