Markets

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



LM_CT129

St Joseph, MO    Fri Sep 5, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 9/4/2014



Confirmed:       15,875       Week Ago:     2,027        Last Year:    12,030

Week to Date:    21,199       Week Ago:     3,244        Last Year:    13,238



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,625    1,250-1,525    1,437  157.00-161.00   159.19

 65 - 80% Choice           923    1,375-1,450    1,432  158.00-159.00   158.12

 35 - 65% Choice           170    1,400-1,400    1,400  158.00-158.00   158.00

  0 - 35% Choice                       -                      -

 Total all grades        3,718    1,250-1,525    1,434  157.00-161.00   158.87

HEIFERS

 Over 80% Choice         1,370    1,225-1,400    1,287  157.00-160.00   158.49

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,370    1,225-1,400    1,287  157.00-160.00   158.49



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,874      738-1,058     967   248.00-252.00   250.10

 65 - 80% Choice         1,664      835-953       900   248.00-251.00   250.00

 35 - 65% Choice            37      960-960       960   250.00-250.00   250.00

  0 - 35% Choice                       -                      -

 Total all grades        4,575      738-1,058     942   248.00-252.00   250.06

HEIFERS

 Over 80% Choice           994      756-864       826   250.00-250.00   250.00

 65 - 80% Choice           828      743-861       803   248.00-250.00   249.70

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,822      743-864       816   248.00-250.00   249.86



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           428    1,400-1,450    1,421  158.00-162.75   161.11

 65 - 80% Choice            63    1,200-1,500    1,381  158.00-158.50   158.20

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          491    1,200-1,500    1,416  158.00-162.75   160.74

HEIFERS

 Over 80% Choice           253    1,225-1,300    1,288  157.00-160.00   159.53

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          253    1,225-1,300    1,288  157.00-160.00   159.53



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           968      803-960       912   248.00-251.00   249.65

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          968      803-960       912   248.00-251.00   249.65

HEIFERS

 Over 80% Choice           165      744-800       775   248.00-250.00   248.75

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          165      744-800       775   248.00-250.00   248.75



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            5,628       1,436.10         159.14

 Live    Heifer           1,883       1,278.80         158.10

 Dressed Steer            5,063         940.00         249.90

 Dressed Heifer           2,384         817.40         249.79



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer              899       1,410.20         153.49

 Live    Heifer              40       1,200.00         151.00

 Dressed Steer              534         831.90         242.95

 Dressed Heifer              70         750.00         240.00



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            3,125       1,452.00         122.69

 Live    Heifer             705       1,306.30         122.79

 Dressed Steer            3,942         898.10         194.06

 Dressed Heifer             654         809.50         193.42



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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