Markets

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



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St Joseph, MO    Thu Jun 19, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 6/18/2014



Confirmed:       8,181        Week Ago:       781        Last Year:     1,762

Week to Date:    9,190        Week Ago:     1,169        Last Year:     5,461



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,293    1,400-1,475    1,423  148.00-152.00   148.25

 65 - 80% Choice         1,542    1,300-1,450    1,384  147.00-150.00   148.22

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,835    1,300-1,475    1,402  147.00-152.00   148.23

HEIFERS

 Over 80% Choice           310    1,175-1,275    1,240  148.00-149.00   148.29

 65 - 80% Choice            91    1,250-1,250    1,250  148.00-148.00   148.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          401    1,175-1,275    1,243  148.00-149.00   148.22



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            73      819-912       867   235.00-238.00   236.56

 65 - 80% Choice         1,273      834-904       872   235.00-238.00   237.31

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,346      819-912       872   235.00-238.00   237.27

HEIFERS

 Over 80% Choice         1,120      793-855       823   233.00-238.00   234.65

 65 - 80% Choice           480      771-950       883   234.00-238.00   236.48

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,600      771-950       841   233.00-238.00   235.20



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           123    1,275-1,275    1,275  149.00-149.00   149.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          123    1,275-1,275    1,275  149.00-149.00   149.00

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           395      816-883       868   235.00-237.00   236.71

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          395      816-883       868   235.00-237.00   236.71

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            2,835       1,401.50         148.23

 Live    Heifer             401       1,242.50         148.22

 Dressed Steer            1,840         872.20         237.20

 Dressed Heifer           1,600         841.00         235.20



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer              386       1,405.20         147.17

 Live    Heifer             207       1,225.40         147.39

 Dressed Steer

 Dressed Heifer              44         825.00         230.00



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              735       1,387.00         121.39

 Live    Heifer              50       1,225.00         122.00

 Dressed Steer

 Dressed Heifer             827         766.70         192.87



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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