Markets

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



LM_CT129

St Joseph, MO    Mon Jul 7, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 7/3/2014 through Holiday Friday, 7/4/2014



Confirmed:        3,671       Week Ago:    29,470        Last Year:    16,604

Week to Date:    32,940       Week Ago:    33,640        Last Year:    26,307



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,036    1,325-1,485    1,410  156.00-159.00   158.11

 65 - 80% Choice           500    1,250-1,440    1,385  157.00-159.00   158.22

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,536    1,250-1,485    1,402  156.00-159.00   158.14

HEIFERS

 Over 80% Choice           477    1,170-1,275    1,248  156.50-159.00   158.01

 65 - 80% Choice            95    1,225-1,250    1,237  157.00-157.00   157.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          572    1,170-1,275    1,246  156.50-159.00   157.84



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            85      806-841       835   248.00-250.00   248.35

 65 - 80% Choice           176      889-891       890   248.00-248.00   248.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          261      806-891       872   248.00-250.00   248.11

HEIFERS

 Over 80% Choice            92      775-775       775   248.00-248.00   248.00

 65 - 80% Choice            47      803-803       803   250.00-250.00   250.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          139      775-803       785   248.00-250.00   248.68



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           216    1,350-1,450    1,407  158.00-160.00   159.68

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          216    1,350-1,450    1,407  158.00-160.00   159.68

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice            40    1,175-1,175    1,175  158.00-158.00   158.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40    1,175-1,175    1,175  158.00-158.00   158.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -

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           12,903       1,387.50         156.80

 Live    Heifer           3,403       1,248.30         156.29

 Dressed Steer            4,642         886.80         248.66

 Dressed Heifer           1,810         795.30         248.75



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            2,867       1,376.30         121.63

 Live    Heifer           1,485       1,261.90         121.98

 Dressed Steer            8,132         899.50         193.53

 Dressed Heifer           2,041         807.40         192.94



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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