Markets

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



LM_CT129

St Joseph, MO    Mon Jun 30, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 6/27/2014



Confirmed:       29,470       Week Ago:     6,775        Last Year:    14,695

Week to Date:    33,640       Week Ago:    25,922        Last Year:    18,067



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         4,206    1,250-1,485    1,382  150.00-155.00   153.41

 65 - 80% Choice         2,245    1,250-1,500    1,407  151.50-154.00   153.29

 35 - 65% Choice           559    1,300-1,450    1,395  153.00-153.00   153.00

  0 - 35% Choice                       -                      -

 Total all grades        7,010    1,250-1,500    1,391  150.00-155.00   153.34

HEIFERS

 Over 80% Choice         2,407    1,170-1,325    1,257  152.00-155.00   152.92

 65 - 80% Choice           793    1,200-1,320    1,247  152.00-154.00   153.05

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,200    1,170-1,325    1,254  152.00-155.00   152.95



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,095      784-950       886   240.00-245.00   243.29

 65 - 80% Choice         3,724      803-950       884   240.00-245.00   242.80

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        5,819      784-950       885   240.00-245.00   242.98

HEIFERS

 Over 80% Choice         1,092      756-850       799   242.00-245.00   243.68

 65 - 80% Choice         2,435      752-950       822   242.00-245.00   243.84

 35 - 65% Choice           389      813-813       813   242.50-242.50   242.50

  0 - 35% Choice                       -                      -

 Total all grades        3,916      752-950       814   242.00-245.00   243.66



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           645    1,275-1,425    1,391  153.00-156.00   154.38

 65 - 80% Choice           144    1,350-1,350    1,350  154.00-154.00   154.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          789    1,275-1,425    1,383  153.00-156.00   154.31

HEIFERS

 Over 80% Choice           195    1,200-1,200    1,200  155.00-155.00   155.00

 65 - 80% Choice            40    1,275-1,275    1,275  153.00-153.00   153.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          235    1,200-1,275    1,213  153.00-155.00   154.66



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,041      816-967       900   240.00-243.50   242.31

 65 - 80% Choice            40      841-841       841   240.50-240.50   240.50

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,081      816-967       898   240.00-243.50   242.27

HEIFERS

 Over 80% Choice           175      810-810       810   240.00-240.00   240.00

 65 - 80% Choice            96      775-775       775   241.00-241.00   241.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          271      775-810       798   240.00-241.00   240.35



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            7,663       1,388.80         153.17

 Live    Heifer           3,474       1,258.00         152.83

 Dressed Steer            6,075         883.80         242.93

 Dressed Heifer           3,956         813.80         243.58



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            4,626       1,395.70         121.47

 Live    Heifer           1,093       1,256.70         121.27

 Dressed Steer            2,921         867.60         193.00

 Dressed Heifer           1,945         810.90         192.80



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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