Markets

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



LM_CT129

St Joseph, MO    Fri Jun 6, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 6/5/2014



Confirmed:       3,836        Week Ago:    13,473        Last Year:     1,181

Week to Date:    5,216        Week Ago:    25,952        Last Year:     3,057



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           665    1,275-1,450    1,406  144.25-149.00   147.40

 65 - 80% Choice           121      853-853       853   146.00-146.00   146.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          786      853-1,450    1,321  144.25-149.00   147.18

HEIFERS

 Over 80% Choice           128    1,250-1,250    1,250  146.00-146.00   146.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          128    1,250-1,250    1,250  146.00-146.00   146.00



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           244      873-913       895   232.00-232.00   232.00

 65 - 80% Choice           268      819-850       833   232.00-232.00   232.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          512      819-913       862   232.00-232.00   232.00

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            40    1,425-1,425    1,425  145.00-145.00   145.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40    1,425-1,425    1,425  145.00-145.00   145.00

HEIFERS

 Over 80% Choice           230    1,300-1,300    1,300  149.00-149.00   149.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          230    1,300-1,300    1,300  149.00-149.00   149.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,521      826-894       854   230.00-232.00   231.84

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,521      826-894       854   230.00-232.00   231.84

HEIFERS

 Over 80% Choice            47      796-796       796   230.00-230.00   230.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           47      796-796       796   230.00-230.00   230.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer              979       1,321.20         146.48

 Live    Heifer             283       1,291.10         145.45

 Dressed Steer              697         868.40         231.93

 Dressed Heifer             158         771.00         231.00



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            7,225       1,369.20         145.11

 Live    Heifer           3,957       1,235.60         144.65

 Dressed Steer            4,743         866.70         230.22

 Dressed Heifer           1,261         769.80         228.74



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               30         860.20         195.80

 Dressed Heifer             475         783.60         195.98



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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