Markets

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



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St Joseph, MO    Mon Jul 28, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 7/25/2014



Confirmed:        1,761       Week Ago:     3,876        Last Year:    29,577

Week to Date:    40,148       Week Ago:    29,466        Last Year:    32,960



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           330    1,352-1,475    1,426  162.00-164.00   163.30

 65 - 80% Choice           150    1,315-1,375    1,361  161.00-162.00   161.76

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          480    1,315-1,475    1,405  161.00-164.00   162.82

HEIFERS

 Over 80% Choice           164    1,200-1,300    1,277  158.00-163.00   161.84

 65 - 80% Choice            80    1,250-1,250    1,250  161.00-161.00   161.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          244    1,200-1,300    1,268  158.00-163.00   161.57



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           228      875-875       875   256.00-256.00   256.00

 65 - 80% Choice           167      780-950       894   255.00-257.00   255.72

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          395      780-950       883   255.00-257.00   255.88

HEIFERS

 Over 80% Choice                       -                      -

 65 - 80% Choice            45      819-819       819   255.00-255.00   255.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           45      819-819       819   255.00-255.00   255.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            40    1,300-1,300    1,300  158.00-158.00   158.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40    1,300-1,300    1,300  158.00-158.00   158.00

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           13,674       1,415.30         161.38

 Live    Heifer           4,719       1,237.50         160.63

 Dressed Steer            6,396         908.00         255.64

 Dressed Heifer           2,467         814.60         254.32



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            5,780       1,394.60         121.03

 Live    Heifer           2,171       1,243.10         121.52

 Dressed Steer            6,656         882.10         194.07

 Dressed Heifer           2,937         806.70         193.89



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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