Markets

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



LM_CT129

St Joseph, MO    Fri Jun 13, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 6/12/2014



Confirmed:       22,183       Week Ago:     3,836        Last Year:     3,999

Week to Date:    23,352       Week Ago:     5,199        Last Year:     7,002



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,142    1,275-1,450    1,372  146.00-152.00   149.36

 65 - 80% Choice         2,488    1,325-1,425    1,375  147.00-150.00   149.17

 35 - 65% Choice           165    1,325-1,325    1,325  149.00-149.00   149.00

  0 - 35% Choice                       -                      -

 Total all grades        5,795    1,275-1,450    1,372  146.00-152.00   149.27

HEIFERS

 Over 80% Choice           535    1,200-1,275    1,248  148.00-150.00   149.07

 65 - 80% Choice           917    1,220-1,325    1,271  147.00-150.00   148.67

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,452    1,200-1,325    1,262  147.00-150.00   148.82



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           837      743-991       909   232.00-238.00   236.62

 65 - 80% Choice         3,286      803-950       889   233.00-238.00   235.16

 35 - 65% Choice            38      837-837       837   235.00-235.00   235.00

  0 - 35% Choice                       -                      -

 Total all grades        4,161      743-991       892   232.00-238.00   235.45

HEIFERS

 Over 80% Choice           625      743-841       804   234.00-238.00   236.28

 65 - 80% Choice         1,252      756-950       829   234.00-238.00   235.81

 35 - 65% Choice           396      819-819       819   235.00-236.00   235.16

  0 - 35% Choice                       -                      -

 Total all grades        2,273      743-950       820   234.00-238.00   235.82



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           274    1,330-1,425    1,390  147.00-152.00   149.14

 65 - 80% Choice           347    1,325-1,425    1,358  147.00-149.00   147.52

 35 - 65% Choice            19    1,250-1,250    1,250  148.00-148.00   148.00

  0 - 35% Choice                       -                      -

 Total all grades          640    1,250-1,425    1,368  147.00-152.00   148.23

HEIFERS

 Over 80% Choice            78    1,175-1,175    1,175  149.50-149.50   149.50

 65 - 80% Choice           220    1,185-1,250    1,226  148.00-149.00   148.36

 35 - 65% Choice            58    1,175-1,200    1,183  147.00-148.00   147.33

  0 - 35% Choice                       -                      -

 Total all grades          356    1,175-1,250    1,208  147.00-149.50   148.44



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,732      784-912       844   234.00-238.00   235.36

 65 - 80% Choice           145      850-912       866   234.50-235.00   234.63

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,877      784-912       846   234.00-238.00   235.31

HEIFERS

 Over 80% Choice           339      762-784       777   234.00-235.00   234.40

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          339      762-784       777   234.00-235.00   234.40



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            6,181       1,374.00         149.14

 Live    Heifer           1,659       1,257.70         148.64

 Dressed Steer            4,161         892.40         235.45

 Dressed Heifer           2,317         820.50         235.71



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer              979       1,382.30         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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              736       1,371.10         124.21

 Live    Heifer             128       1,215.60         123.00

 Dressed Steer              915         851.10         194.31

 Dressed Heifer             367         787.70         194.50



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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