Markets

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



LM_CT129

St Joseph, MO    Mon Sep 8, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 9/5/2014



Confirmed:       13,658       Week Ago:    25,681        Last Year:     8,318

Week to Date:    34,857       Week Ago:    28,925        Last Year:    21,556



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,233    1,350-1,525    1,463  158.00-160.00   159.84

 65 - 80% Choice         1,644    1,350-1,535    1,464  159.00-160.00   159.51

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,877    1,350-1,535    1,463  158.00-160.00   159.70

HEIFERS

 Over 80% Choice         2,075    1,185-1,400    1,273  156.00-161.00   159.32

 65 - 80% Choice         1,520    1,240-1,375    1,314  159.00-161.00   159.85

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,595    1,185-1,400    1,290  156.00-161.00   159.55



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           361      873-950       908   248.00-252.00   251.01

 65 - 80% Choice         1,221      837-978       926   250.00-252.00   250.32

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,582      837-978       922   248.00-252.00   250.48

HEIFERS

 Over 80% Choice           746      800-848       824   250.00-252.00   251.89

 65 - 80% Choice           145      781-781       781   250.00-250.00   250.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          891      781-848       817   250.00-252.00   251.58



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           290    1,300-1,425    1,408  158.00-162.50   161.88

 65 - 80% Choice           200    1,400-1,400    1,400  159.00-159.00   159.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          490    1,300-1,425    1,405  158.00-162.50   160.70

HEIFERS

 Over 80% Choice            86    1,200-1,200    1,200  157.00-157.00   157.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           86    1,200-1,200    1,200  157.00-157.00   157.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           637      880-958       915   250.00-251.00   250.28

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          637      880-958       915   250.00-251.00   250.28

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            9,505       1,447.10         159.37

 Live    Heifer           5,478       1,286.20         159.05

 Dressed Steer            6,645         935.70         250.04

 Dressed Heifer           3,275         817.30         250.28



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            7,961       1,437.70         154.70

 Live    Heifer           3,984       1,272.50         155.06

 Dressed Steer            4,625         901.60         244.39

 Dressed Heifer           3,738         813.10         244.90



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            4,082       1,449.30         122.71

 Live    Heifer           1,221       1,303.40         122.46

 Dressed Steer            6,525         899.70         194.14

 Dressed Heifer           1,341         799.70         193.78



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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