Markets

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



LM_CT129

St Joseph, MO    Fri Jun 20, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 6/19/2014



Confirmed:        9,381       Week Ago:    22,183        Last Year:    15,544

Week to Date:    18,787       Week Ago:    23,352        Last Year:    21,005



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,510    1,275-1,425    1,390  148.00-151.00   149.89

 65 - 80% Choice           501    1,345-1,425    1,398  148.00-150.00   148.34

 35 - 65% Choice            40    1,370-1,370    1,370  148.00-148.00   148.00

  0 - 35% Choice                       -                      -

 Total all grades        3,051    1,275-1,425    1,391  148.00-151.00   149.61

HEIFERS

 Over 80% Choice           485    1,150-1,300    1,255  150.00-150.00   150.00

 65 - 80% Choice           518    1,215-1,265    1,246  148.00-150.00   149.40

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,003    1,150-1,300    1,251  148.00-150.00   149.69



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           626      850-950       911   235.00-240.00   238.30

 65 - 80% Choice           741      850-950       908   237.00-240.00   238.89

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,367      850-950       909   235.00-240.00   238.62

HEIFERS

 Over 80% Choice           236      800-950       827   233.00-240.00   235.39

 65 - 80% Choice            76      756-756       756   238.00-238.00   238.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          312      756-950       810   233.00-240.00   236.03



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           274    1,375-1,425    1,404  150.00-152.00   150.88

 65 - 80% Choice           296    1,350-1,350    1,350  148.50-148.50   148.50

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          570    1,350-1,425    1,376  148.50-152.00   149.64

HEIFERS

 Over 80% Choice           190    1,175-1,250    1,220  150.00-152.50   150.82

 65 - 80% Choice            36    1,250-1,250    1,250  149.00-149.00   149.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          226    1,175-1,250    1,225  149.00-152.50   150.53



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,058      816-893       866   235.00-237.00   235.56

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,058      816-893       866   235.00-237.00   235.56

HEIFERS

 Over 80% Choice           362      787-810       807   234.00-236.00   234.35

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          362      787-810       807   234.00-236.00   234.35



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            5,886       1,395.90         148.95

 Live    Heifer           1,404       1,248.20         149.27

 Dressed Steer            3,324         885.90         237.60

 Dressed Heifer           2,011         832.00         235.17



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            2,888       1,406.40         121.37

 Live    Heifer             195       1,243.60         121.26

 Dressed Steer            5,216         894.30         193.17

 Dressed Heifer           2,410         804.10         193.11



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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