Markets

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



LM_CT129

St Joseph, MO    Fri Aug 8, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 8/7/2014



Confirmed:       10,343       Week Ago:     5,430        Last Year:       975

Week to Date:    11,153       Week Ago:     7,134        Last Year:     5,045



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,991    1,375-1,500    1,437  159.00-162.00   160.38

 65 - 80% Choice           561    1,400-1,435    1,419  158.00-160.50   159.92

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,552    1,375-1,500    1,433  158.00-162.00   160.28

HEIFERS

 Over 80% Choice           746    1,200-1,325    1,262  160.00-161.00   160.43

 65 - 80% Choice           448    1,250-1,275    1,260  160.50-160.50   160.50

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,194    1,200-1,325    1,261  160.00-161.00   160.45



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,028      850-951       917   250.00-255.00   253.72

 65 - 80% Choice         1,254      850-944       928   250.00-255.00   253.22

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,282      850-951       923   250.00-255.00   253.45

HEIFERS

 Over 80% Choice           962      744-857       824   252.00-255.50   253.92

 65 - 80% Choice           907      788-861       833   250.00-255.00   251.43

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,869      744-861       828   250.00-255.50   252.71



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           102    1,200-1,425    1,240  160.00-161.00   160.82

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          102    1,200-1,425    1,240  160.00-161.00   160.82

HEIFERS

 Over 80% Choice           170    1,225-1,275    1,263  160.00-163.00   162.29

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          170    1,225-1,275    1,263  160.00-163.00   162.29



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           411      806-936       883   251.00-254.00   252.17

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          411      806-936       883   251.00-254.00   252.17

HEIFERS

 Over 80% Choice            42      784-784       784   250.00-250.00   250.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           42      784-784       784   250.00-250.00   250.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            3,042       1,435.70         160.56

 Live    Heifer           1,232       1,264.10         160.53

 Dressed Steer            2,282         923.10         253.45

 Dressed Heifer           1,920         825.40         252.75



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            1,411       1,392.50         162.83

 Live    Heifer             323       1,243.30         162.12

 Dressed Steer              197         884.10         258.56

 Dressed Heifer             238         867.80         255.00



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              844       1,408.90         122.37

 Live    Heifer             443       1,252.40         122.00

 Dressed Steer            1,000         936.60         193.00

 Dressed Heifer              40         744.00         193.00



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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