Markets

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



LM_CT129

St Joseph, MO    Thu Jul 17, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 7/16/2014



Confirmed:       11,590       Week Ago:     5,671        Last Year:     3,334

Week to Date:    12,030       Week Ago:     5,979        Last Year:     4,278



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,541    1,200-1,465    1,404  154.00-158.00   155.73

 65 - 80% Choice           334    1,350-1,450    1,394  153.50-156.00   155.54

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,875    1,200-1,465    1,403  153.50-158.00   155.71

HEIFERS

 Over 80% Choice         1,147    1,170-1,300    1,250  154.00-156.00   155.21

 65 - 80% Choice           412    1,175-1,325    1,241  155.00-156.00   155.65

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,559    1,170-1,325    1,248  154.00-156.00   155.33



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           796      800-918       842   244.00-247.00   246.71

 65 - 80% Choice           693      864-935       903   246.00-247.00   246.20

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,489      800-935       870   244.00-247.00   246.47

HEIFERS

 Over 80% Choice           294      775-816       801   243.00-246.00   245.61

 65 - 80% Choice           726      784-838       801   246.00-246.00   246.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,020      775-838       801   243.00-246.00   245.89



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           396    1,400-1,425    1,402  155.00-157.00   156.82

 65 - 80% Choice            38    1,400-1,400    1,400  155.00-155.00   155.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          434    1,400-1,425    1,402  155.00-157.00   156.66

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           791      806-928       886   243.00-246.00   245.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          791      806-928       886   243.00-246.00   245.00

HEIFERS

 Over 80% Choice           304      784-826       809   245.00-246.00   245.61

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          304      784-826       809   245.00-246.00   245.61



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            4,041       1,401.60         155.62

 Live    Heifer           1,667       1,246.10         155.24

 Dressed Steer            1,489         870.40         246.47

 Dressed Heifer           1,020         801.20         245.89



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              410       1,407.90         120.59

 Live    Heifer             180       1,300.00         120.00

 Dressed Steer            1,222         881.60         191.00

 Dressed Heifer             533         809.90         191.00



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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