Markets

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



LM_CT129

St Joseph, MO    Thu Aug 21, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 8/20/2014



Confirmed:       30,267       Week Ago:    10,924        Last Year:     1,194

Week to Date:    31,626       Week Ago:    19,372        Last Year:     2,378



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         6,377    1,250-1,575    1,446  150.00-154.50   153.20

 65 - 80% Choice         4,151    1,350-1,475    1,424  152.00-154.00   152.96

 35 - 65% Choice            82    1,425-1,425    1,425  152.50-152.50   152.50

  0 - 35% Choice                       -                      -

 Total all grades       10,610    1,250-1,575    1,437  150.00-154.50   153.10

HEIFERS

 Over 80% Choice           715    1,225-1,375    1,292  152.00-153.00   152.60

 65 - 80% Choice         2,595    1,175-1,350    1,294  152.00-153.00   152.91

 35 - 65% Choice           123    1,175-1,275    1,212  152.00-153.00   152.63

  0 - 35% Choice                       -                      -

 Total all grades        3,433    1,175-1,375    1,290  152.00-153.00   152.83



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,969      800-950       909   240.00-243.00   242.21

 65 - 80% Choice         3,672      725-960       886   240.00-243.00   241.75

 35 - 65% Choice           278      880-922       888   242.00-242.00   242.00

  0 - 35% Choice                       -                      -

 Total all grades        5,919      725-960       894   240.00-243.00   241.91

HEIFERS

 Over 80% Choice         1,759      730-880       818   242.00-243.00   242.03

 65 - 80% Choice         1,094      734-848       789   240.00-242.00   241.71

 35 - 65% Choice            68      813-813       813   242.00-242.00   242.00

  0 - 35% Choice                       -                      -

 Total all grades        2,921      730-880       807   240.00-243.00   241.91



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           482    1,350-1,475    1,434  152.00-155.00   153.85

 65 - 80% Choice            34    1,425-1,425    1,425  154.00-154.00   154.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          516    1,350-1,475    1,433  152.00-155.00   153.86

HEIFERS

 Over 80% Choice           211    1,175-1,300    1,240  153.00-154.00   153.24

 65 - 80% Choice           475    1,175-1,325    1,258  153.00-156.00   153.95

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          686    1,175-1,325    1,253  153.00-156.00   153.73



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           591      781-971       869   239.00-240.00   239.55

 65 - 80% Choice           114      870-870       870   241.00-241.00   241.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          705      781-971       869   239.00-241.00   239.79

HEIFERS

 Over 80% Choice         1,039      778-806       791   239.00-240.00   239.96

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,039      778-806       791   239.00-240.00   239.96



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer           11,065       1,434.60         153.10

 Live    Heifer           3,545       1,289.90         152.84

 Dressed Steer            5,933         893.70         241.92

 Dressed Heifer           2,921         807.10         241.91



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            5,026       1,449.50         155.00

 Live    Heifer           2,873       1,306.40         154.08

 Dressed Steer            6,029         929.60         241.45

 Dressed Heifer           1,495         797.00         245.56



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              216       1,400.00         122.50

 Live    Heifer             149       1,213.10         124.00

 Dressed Steer               40         890.00         196.00

 Dressed Heifer              38         781.00         198.00



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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