Markets

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



LM_CT129

St Joseph, MO    Fri Aug 22, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 8/21/2014



Confirmed:        6,232       Week Ago:     2,809        Last Year:     4,145

Week to Date:    37,908       Week Ago:    22,181        Last Year:     6,523



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,649    1,250-1,500    1,459  151.00-156.00   152.50

 65 - 80% Choice           400    1,350-1,465    1,442  153.00-153.00   153.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,049    1,250-1,500    1,455  151.00-156.00   152.59

HEIFERS

 Over 80% Choice           500    1,225-1,300    1,260  150.00-153.00   152.36

 65 - 80% Choice           302    1,200-1,300    1,276  152.00-153.00   152.86

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          802    1,200-1,300    1,266  150.00-153.00   152.55



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           876      851-921       914   240.00-242.00   241.92

 65 - 80% Choice           580      866-930       906   241.00-242.00   241.86

 35 - 65% Choice           191      898-898       898   241.00-241.00   241.00

  0 - 35% Choice                       -                      -

 Total all grades        1,647      851-930       909   240.00-242.00   241.79

HEIFERS

 Over 80% Choice            88      800-800       800   240.00-240.00   240.00

 65 - 80% Choice           111      746-791       785   241.00-242.00   241.12

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          199      746-800       792   240.00-242.00   240.62



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            70    1,400-1,475    1,438  152.50-153.50   153.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           70    1,400-1,475    1,438  152.50-153.50   153.00

HEIFERS

 Over 80% Choice            39    1,250-1,250    1,250  152.50-152.50   152.50

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           39    1,250-1,250    1,250  152.50-152.50   152.50



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            72      896-912       904   240.00-240.00   240.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           72      896-912       904   240.00-240.00   240.00

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           13,114       1,437.90         153.02

 Live    Heifer           4,347       1,285.50         152.79

 Dressed Steer            7,580         897.00         241.89

 Dressed Heifer           3,120         806.10         241.83



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            6,023       1,447.60         154.76

 Live    Heifer           3,268       1,300.70         153.96

 Dressed Steer            6,301         928.50         241.47

 Dressed Heifer           1,735         797.40         245.06



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer              625       1,405.30         123.44

 Live    Heifer             149       1,213.10         124.00

 Dressed Steer              381         892.70         197.79

 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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