Markets

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



LM_CT129

St Joseph, MO    Thu Jul 24, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 7/23/2014



Confirmed:       18,378       Week Ago:    11,590        Last Year:     1,698

Week to Date:    19,025       Week Ago:    12,030        Last Year:     2,220



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,993    1,250-1,475    1,401  158.00-162.00   160.39

 65 - 80% Choice         2,202    1,350-1,475    1,422  160.00-162.00   161.64

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        5,195    1,250-1,475    1,410  158.00-162.00   160.92

HEIFERS

 Over 80% Choice         1,251    1,170-1,300    1,246  158.00-162.00   160.06

 65 - 80% Choice         1,397    1,150-1,325    1,231  159.00-162.00   160.77

 35 - 65% Choice            45    1,275-1,275    1,275  160.00-160.00   160.00

  0 - 35% Choice                       -                      -

 Total all grades        2,693    1,150-1,325    1,239  158.00-162.00   160.43



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,226      841-950       885   252.00-255.00   254.85

 65 - 80% Choice         1,936      857-950       902   254.00-255.00   254.37

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,162      841-950       895   252.00-255.00   254.55

HEIFERS

 Over 80% Choice           578      756-950       844   254.00-255.00   254.42

 65 - 80% Choice         1,366      756-950       798   254.00-257.00   254.18

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,944      756-950       812   254.00-257.00   254.25



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           763    1,250-1,475    1,403  155.00-164.00   161.15

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          763    1,250-1,475    1,403  155.00-164.00   161.15

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice            39    1,200-1,200    1,200  158.75-158.75   158.75

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           39    1,200-1,200    1,200  158.75-158.75   158.75



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           865      800-926       865   250.00-252.00   251.74

 65 - 80% Choice           172      812-890       828   250.00-252.00   250.42

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,037      800-926       859   250.00-252.00   251.52

HEIFERS

 Over 80% Choice           371      750-800       794   250.00-251.00   250.12

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          371      750-800       794   250.00-251.00   250.12



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            5,266       1,410.60         160.87

 Live    Heifer           2,693       1,238.70         160.43

 Dressed Steer            3,387         898.80         254.58

 Dressed Heifer           2,029         817.30         254.28



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            1,306       1,415.40         119.72

 Live    Heifer              86       1,275.00         120.00

 Dressed Steer               42         878.10         191.00

 Dressed Heifer             140         809.60         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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