Markets

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



LM_CT129

St Joseph, MO    Mon Jun 9, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 6/6/2014



Confirmed:       17,845       Week Ago:     1,870        Last Year:    17,371

Week to Date:    23,044       Week Ago:    27,822        Last Year:    20,428



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,873    1,300-1,470    1,396  145.00-147.50   146.23

 65 - 80% Choice         1,644    1,300-1,425    1,372  144.00-147.00   145.61

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,517    1,300-1,470    1,384  144.00-147.50   145.94

HEIFERS

 Over 80% Choice           761    1,185-1,325    1,244  143.00-146.00   145.12

 65 - 80% Choice         1,271    1,125-1,325    1,255  145.00-147.00   145.79

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,032    1,125-1,325    1,251  143.00-147.00   145.54



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,599      825-921       873   231.00-234.00   231.74

 65 - 80% Choice         2,133      797-921       858   230.00-233.00   231.36

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,732      797-921       864   230.00-234.00   231.52

HEIFERS

 Over 80% Choice           682      762-839       800   231.00-232.00   231.29

 65 - 80% Choice         2,114      722-950       810   230.00-233.00   231.11

 35 - 65% Choice            84      747-747       747   231.00-231.00   231.00

  0 - 35% Choice                       -                      -

 Total all grades        2,880      722-950       806   230.00-233.00   231.15



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           324    1,250-1,375    1,356  143.80-147.50   146.43

 65 - 80% Choice           281    1,300-1,375    1,331  145.00-147.00   145.76

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          605    1,250-1,375    1,344  143.80-147.50   146.12

HEIFERS

 Over 80% Choice           485    1,200-1,275    1,227  145.00-147.00   145.47

 65 - 80% Choice           351    1,175-1,250    1,230  144.00-147.50   146.73

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          836    1,175-1,275    1,228  144.00-147.50   146.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           399      832-896       871   231.00-232.00   231.37

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          399      832-896       871   231.00-232.00   231.37

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            4,496       1,383.80         146.06

 Live    Heifer           2,315       1,255.80         145.53

 Dressed Steer            4,429         864.70         231.59

 Dressed Heifer           3,038         804.10         231.14



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            3,275       1,384.70         124.41

 Live    Heifer           1,479       1,232.00         124.03

 Dressed Steer            3,158         870.10         196.65

 Dressed Heifer           1,810         785.20         196.35



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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