Markets

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



LM_CT129

St Joseph, MO    Mon Jun 16, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 6/13/2014



Confirmed:        6,613       Week Ago:    17,845        Last Year:    13,507

Week to Date:    30,000       Week Ago:    23,044        Last Year:    20,509



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,709    1,300-1,425    1,381  150.00-152.25   150.16

 65 - 80% Choice         1,269    1,250-1,450    1,380  147.00-150.00   149.43

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,978    1,250-1,450    1,380  147.00-152.25   149.85

HEIFERS

 Over 80% Choice           490    1,300-1,300    1,300  149.00-150.00   149.61

 65 - 80% Choice           805    1,275-1,275    1,275  150.00-150.00   150.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,295    1,275-1,300    1,285  149.00-150.00   149.85



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           423      851-921       876   235.00-238.00   237.18

 65 - 80% Choice           330      876-876       876   235.00-235.00   235.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          753      851-921       876   235.00-238.00   236.22

HEIFERS

 Over 80% Choice            42      777-777       777   238.00-238.00   238.00

 65 - 80% Choice            38      756-756       756   238.00-238.00   238.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80      756-777       767   238.00-238.00   238.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -

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           266      822-928       898   235.00-237.00   235.57

 65 - 80% Choice            76      870-870       870   237.00-237.00   237.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          342      822-928       892   235.00-237.00   235.89

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            9,159       1,376.10         149.37

 Live    Heifer           2,954       1,269.40         149.17

 Dressed Steer            4,914         889.90         235.57

 Dressed Heifer           2,397         818.70         235.79



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            3,720       1,375.80         122.28

 Live    Heifer           1,573       1,204.70         121.41

 Dressed Steer            5,506         884.20         194.86

 Dressed Heifer           1,494         813.40         194.88



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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