Markets

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



LM_CT129

St Joseph, MO    Mon Jun 23, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 6/20/2014



Confirmed:        6,775       Week Ago:     6,613        Last Year:     7,141

Week to Date:    25,922       Week Ago:    29,965        Last Year:    28,146



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,298    1,350-1,450    1,412  148.00-151.00   150.47

 65 - 80% Choice         1,032    1,350-1,400    1,387  148.00-150.00   149.53

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,330    1,350-1,450    1,401  148.00-151.00   150.05

HEIFERS

 Over 80% Choice            44    1,200-1,200    1,200  148.00-148.00   148.00

 65 - 80% Choice           642    1,250-1,300    1,266  148.00-150.00   148.95

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          686    1,200-1,300    1,262  148.00-150.00   148.89



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            56      905-905       905   235.00-235.00   235.00

 65 - 80% Choice           362      743-887       852   235.00-238.00   235.66

 35 - 65% Choice            94      882-950       910   235.00-240.00   237.02

  0 - 35% Choice                       -                      -

 Total all grades          512      743-950       869   235.00-240.00   235.84

HEIFERS

 Over 80% Choice            88      762-762       762   235.00-235.00   235.00

 65 - 80% Choice           720      769-819       784   235.00-235.00   235.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          808      762-819       782   235.00-235.00   235.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           270    1,350-1,425    1,388  152.00-153.00   152.35

 65 - 80% Choice           307    1,325-1,375    1,347  151.70-152.70   152.14

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          577    1,325-1,425    1,366  151.70-153.00   152.24

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice            80    1,200-1,200    1,200  150.00-150.00   150.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80    1,200-1,200    1,200  150.00-150.00   150.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            40      819-819       819   237.00-237.00   237.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40      819-819       819   237.00-237.00   237.00

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            8,216       1,397.30         149.26

 Live    Heifer           2,090       1,252.80         149.15

 Dressed Steer            3,836         883.60         237.36

 Dressed Heifer           2,959         815.70         235.16



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            4,922       1,394.90         121.36

 Live    Heifer           1,041       1,226.00         121.36

 Dressed Steer            6,494         888.10         193.30

 Dressed Heifer           2,700         804.20         193.14



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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