Markets

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



LM_CT129

St Joseph, MO    Fri Jul 11, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 7/10/2014



Confirmed:       18,541       Week Ago:     2,042        Last Year:     2,917

Week to Date:    24,520       Week Ago:    31,311        Last Year:     4,545



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         4,659    1,250-1,525    1,399  154.00-160.00   155.57

 65 - 80% Choice         1,445    1,350-1,475    1,399  154.00-156.50   155.32

 35 - 65% Choice           180    1,400-1,400    1,400  155.00-155.00   155.00

  0 - 35% Choice                       -                      -

 Total all grades        6,284    1,250-1,525    1,399  154.00-160.00   155.49

HEIFERS

 Over 80% Choice         1,375    1,150-1,275    1,235  154.00-158.00   155.70

 65 - 80% Choice           738    1,200-1,300    1,248  154.00-156.00   154.65

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,113    1,150-1,300    1,239  154.00-158.00   155.34



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,515      724-950       874   245.00-249.00   247.81

 65 - 80% Choice         2,177      803-950       872   244.00-249.00   246.13

 35 - 65% Choice            55      880-880       880   245.00-245.00   245.00

  0 - 35% Choice                       -                      -

 Total all grades        4,747      724-950       873   244.00-249.00   247.01

HEIFERS

 Over 80% Choice           299      762-813       778   244.00-249.00   247.74

 65 - 80% Choice            44      787-787       787   247.00-247.00   247.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          343      762-813       779   244.00-249.00   247.65



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           992    1,250-1,450    1,392  153.00-157.00   156.43

 65 - 80% Choice           808    1,350-1,425    1,399  153.00-157.00   156.26

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,800    1,250-1,450    1,395  153.00-157.00   156.36

HEIFERS

 Over 80% Choice            80    1,225-1,225    1,225  156.00-156.00   156.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80    1,225-1,225    1,225  156.00-156.00   156.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,434      759-921       884   245.00-246.00   245.95

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,434      759-921       884   245.00-246.00   245.95

HEIFERS

 Over 80% Choice           450      794-806       797   245.00-246.00   245.73

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          450      794-806       797   245.00-246.00   245.73



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            9,360       1,400.30         155.90

 Live    Heifer           2,710       1,241.70         155.67

 Dressed Steer            5,539         874.20         247.14

 Dressed Heifer             666         790.90         247.16



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer           12,135       1,387.70         156.77

 Live    Heifer           3,308       1,248.70         156.27

 Dressed Steer            4,417         887.70         248.69

 Dressed Heifer           1,763         795.10         248.72



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              858       1,375.90         121.64

 Live    Heifer             244       1,241.40         121.85

 Dressed Steer              332         859.20         191.73

 Dressed Heifer             324         754.90         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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