Markets

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



LM_CT129

St Joseph, MO    Mon Aug 4, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 8/1/2014



Confirmed:       21,244       Week Ago:     1,761        Last Year:    10,011

Week to Date:    28,378       Week Ago:    40,148        Last Year:    14,785



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,448    1,300-1,535    1,438  160.00-163.50   162.35

 65 - 80% Choice         6,384    1,325-1,500    1,440  161.00-163.00   161.44

 35 - 65% Choice           265    1,375-1,375    1,375  163.00-163.00   163.00

  0 - 35% Choice                       -                      -

 Total all grades       10,097    1,300-1,535    1,438  160.00-163.50   161.79

HEIFERS

 Over 80% Choice         1,134    1,200-1,315    1,274  160.00-163.50   162.49

 65 - 80% Choice           221    1,225-1,325    1,265  161.00-162.00   161.70

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,355    1,200-1,325    1,272  160.00-163.50   162.36



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,224      857-975       910   254.00-258.00   254.83

 65 - 80% Choice         3,061      784-943       896   252.00-258.00   255.10

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        4,285      784-975       900   252.00-258.00   255.02

HEIFERS

 Over 80% Choice           288      756-819       807   254.00-258.00   254.74

 65 - 80% Choice           743      752-809       767   253.00-258.00   254.01

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,031      752-819       778   253.00-258.00   254.21



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           920    1,200-1,450    1,373  162.00-165.75   164.91

 65 - 80% Choice           246    1,300-1,325    1,304  160.00-163.00   162.56

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,166    1,200-1,450    1,358  160.00-165.75   164.42

HEIFERS

 Over 80% Choice            55    1,199-1,275    1,214  162.00-162.00   162.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           55    1,199-1,275    1,214  162.00-162.00   162.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           702      838-976       935   255.00-257.00   256.42

 65 - 80% Choice            75      806-806       806   257.05-257.05   257.05

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          777      806-976       923   255.00-257.05   256.48

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           11,508       1,432.20         161.92

 Live    Heifer           1,678       1,266.80         162.31

 Dressed Steer            4,482         899.40         255.18

 Dressed Heifer           1,269         795.00         254.36



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            2,733       1,375.30         122.04

 Live    Heifer             829       1,264.30         121.80

 Dressed Steer            2,942         893.70         193.94

 Dressed Heifer           1,306         795.60         193.71



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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