Markets

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



LM_CT129

St Joseph, MO    Mon Sep 22, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 9/19/2014



Confirmed:       12,387       Week Ago:    13,255        Last Year:    37,599

Week to Date:    15,944       Week Ago:    23,904        Last Year:    41,370



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,523    1,350-1,565    1,467  152.50-156.50   154.47

 65 - 80% Choice           273    1,325-1,450    1,396  152.00-155.00   154.42

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,796    1,325-1,565    1,461  152.00-156.50   154.46

HEIFERS

 Over 80% Choice           769    1,200-1,300    1,268  154.00-156.00   154.85

 65 - 80% Choice           250    1,275-1,275    1,275  155.00-155.00   155.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,019    1,200-1,300    1,269  154.00-156.00   154.88



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,502      857-976       931   243.00-246.00   244.48

 65 - 80% Choice         1,069      882-945       920   243.00-245.00   244.27

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        3,571      857-976       928   243.00-246.00   244.41

HEIFERS

 Over 80% Choice           457      796-857       820   243.00-246.00   244.97

 65 - 80% Choice           482      813-878       846   244.00-245.00   244.13

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          939      796-878       834   243.00-246.00   244.54



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           675    1,300-1,450    1,433  154.00-157.00   156.29

 65 - 80% Choice           135    1,450-1,450    1,450  154.00-154.00   154.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          810    1,300-1,450    1,436  154.00-157.00   155.91

HEIFERS

 Over 80% Choice            78    1,195-1,250    1,222  154.00-155.00   154.49

 65 - 80% Choice            42    1,200-1,200    1,200  154.00-154.00   154.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          120    1,195-1,250    1,214  154.00-155.00   154.32



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           767      880-976       925   242.50-244.00   243.23

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          767      880-976       925   242.50-244.00   243.23

HEIFERS

 Over 80% Choice           157      803-806       804   243.00-243.00   243.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          157      803-806       804   243.00-243.00   243.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            4,015       1,462.60         154.43

 Live    Heifer           1,734       1,312.90         154.42

 Dressed Steer            3,734         924.30         244.48

 Dressed Heifer           1,783         829.60         244.79



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            5,763       1,445.60         158.64

 Live    Heifer           3,690       1,324.50         158.81

 Dressed Steer            4,846         908.80         249.07

 Dressed Heifer           3,822         828.50         249.05



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer           10,012       1,433.90         123.78

 Live    Heifer           3,609       1,272.00         123.49

 Dressed Steer            6,891         915.60         195.30

 Dressed Heifer           3,108         826.40         195.05



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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