Markets

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



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St Joseph, MO    Fri Jun 27, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 6/26/2014



Confirmed:       2,518        Week Ago:     9,521        Last Year:     2,478

Week to Date:    4,170        Week Ago:    19,147        Last Year:     3,372



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           262    1,250-1,400    1,350  150.00-152.50   151.53

 65 - 80% Choice           240    1,350-1,350    1,350  152.00-152.00   152.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          502    1,250-1,400    1,350  150.00-152.50   151.75

HEIFERS

 Over 80% Choice           274    1,300-1,300    1,300  150.00-152.00   151.42

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          274    1,300-1,300    1,300  150.00-152.00   151.42



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice                       -                      -

 65 - 80% Choice           241      850-866       864   242.00-243.00   242.15

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          241      850-866       864   242.00-243.00   242.15

HEIFERS

 Over 80% Choice            40      775-775       775   236.00-236.00   236.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40      775-775       775   236.00-236.00   236.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           345    1,375-1,400    1,392  152.00-152.50   152.35

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          345    1,375-1,400    1,392  152.00-152.50   152.35

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           250      819-832       826   240.00-241.00   240.11

 65 - 80% Choice            40      828-828       828   242.00-242.00   242.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          290      819-832       826   240.00-242.00   240.37

HEIFERS

 Over 80% Choice           135      728-762       751   240.00-242.00   240.67

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          135      728-762       751   240.00-242.00   240.67



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer              653       1,367.20         151.35

 Live    Heifer             274       1,300.00         151.42

 Dressed Steer              256         865.70         241.79

 Dressed Heifer              40         775.00         236.00



SAME PERIOD LAST WEEK  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           2,151         828.40         235.22



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            1,051       1,412.60         121.06

 Live    Heifer             240       1,301.70         120.86

 Dressed Steer              160         882.00         192.00

 Dressed Heifer              81         775.00         192.00



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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