Markets

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



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St Joseph, MO    Thu Jul 10, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 7/9/2014



Confirmed:       5,671        Week Ago:    27,975        Last Year:       926

Week to Date:    5,979        Week Ago:    29,269        Last Year:     1,628



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,143    1,300-1,475    1,398  156.00-157.00   156.88

 65 - 80% Choice         1,863    1,350-1,450    1,405  155.00-157.00   156.61

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,006    1,300-1,475    1,403  155.00-157.00   156.71

HEIFERS

 Over 80% Choice           125    1,250-1,250    1,250  156.00-157.00   156.36

 65 - 80% Choice           472    1,250-1,250    1,250  157.00-157.00   157.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          597    1,250-1,250    1,250  156.00-157.00   156.87



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           142      847-877       855   246.00-248.00   247.46

 65 - 80% Choice           650      889-889       889   248.00-248.00   248.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          792      847-889       883   246.00-248.00   247.90

HEIFERS

 Over 80% Choice           323      740-839       804   246.00-247.00   246.64

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          323      740-839       804   246.00-247.00   246.64



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           200    1,275-1,475    1,454  154.00-157.50   157.15

 65 - 80% Choice            36    1,350-1,350    1,350  155.00-155.00   155.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          236    1,275-1,475    1,438  154.00-157.50   156.82

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                       -                      -

 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            3,076       1,402.40         156.72

 Live    Heifer             597       1,250.00         156.87

 Dressed Steer              792         882.80         247.90

 Dressed Heifer             323         803.50         246.64



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer           11,367       1,385.50         156.62

 Live    Heifer           2,831       1,248.80         155.97

 Dressed Steer            4,381         887.70         248.70

 Dressed Heifer           1,671         796.20         248.76



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              140       1,425.00         122.00

 Live    Heifer

 Dressed Steer              214         857.30         191.58

 Dressed Heifer             214         746.60         191.82



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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