Markets

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



LM_CT129

St Joseph, MO    Mon Jul 21, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 7/18/2014



Confirmed:       3,876        Week Ago:     1,794        Last Year:    19,384

Week to Date:    29,466       Week Ago:    26,314        Last Year:    25,756



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           862    1,375-1,450    1,421  155.50-157.00   156.69

 65 - 80% Choice           867    1,325-1,475    1,389  154.00-158.00   155.97

 35 - 65% Choice           221    1,330-1,330    1,330  157.00-157.00   157.00

  0 - 35% Choice                       -                      -

 Total all grades        1,950    1,325-1,475    1,396  154.00-158.00   156.40

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           443      850-900       877   246.00-247.00   246.09

 65 - 80% Choice           262      850-886       874   245.00-247.50   245.78

 35 - 65% Choice            42      859-859       859   247.00-247.00   247.00

  0 - 35% Choice                       -                      -

 Total all grades          747      850-900       875   245.00-247.50   246.03

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades                      -                      -



                           LIVE DELIVERED 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           262    1,250-1,250    1,250  157.00-157.00   157.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          262    1,250-1,250    1,250  157.00-157.00   157.00



                             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            8,686       1,397.40         155.93

 Live    Heifer           2,447       1,245.90         155.51

 Dressed Steer            5,263         894.80         246.46

 Dressed Heifer           2,424         794.40         246.13



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            9,755       1,400.30         155.85

 Live    Heifer           2,755       1,241.80         155.66

 Dressed Steer            6,359         867.20         247.03

 Dressed Heifer             711         791.90         246.98



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            3,714       1,395.90         121.10

 Live    Heifer           1,389       1,255.90         121.08

 Dressed Steer            6,707         865.10         191.80

 Dressed Heifer           2,094         792.00         191.94



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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