Markets

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



LM_CT129

St Joseph, MO    Thu Oct 16, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Wednesday, 10/15/2014



Confirmed:       24,358       Week Ago:       146        Last Year:       867

Week to Date:    27,265       Week Ago:     1,025        Last Year:       867



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         5,627    1,375-1,600    1,481  161.00-164.50   163.55

 65 - 80% Choice         1,037    1,400-1,550    1,455  162.50-164.00   163.36

 35 - 65% Choice           373    1,425-1,425    1,425  163.00-163.00   163.00

  0 - 35% Choice                       -                      -

 Total all grades        7,037    1,375-1,600    1,474  161.00-164.50   163.50

HEIFERS

 Over 80% Choice         1,742    1,250-1,375    1,317  161.00-165.00   163.81

 65 - 80% Choice         1,140    1,250-1,370    1,306  162.00-163.00   162.93

 35 - 65% Choice           217    1,300-1,300    1,300  163.00-163.00   163.00

  0 - 35% Choice                       -                      -

 Total all grades        3,099    1,250-1,375    1,312  161.00-165.00   163.43



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,352      800-1,008     927   255.00-259.00   257.68

 65 - 80% Choice         2,354      850-966       924   255.00-258.00   257.55

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        4,706      800-1,008     925   255.00-259.00   257.62

HEIFERS

 Over 80% Choice         1,017      776-867       815   257.00-259.00   258.01

 65 - 80% Choice           975      810-950       835   258.00-258.00   258.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,992      776-950       825   257.00-259.00   258.00



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           832    1,400-1,500    1,466  164.00-165.00   164.61

 65 - 80% Choice           337    1,275-1,475    1,416  163.00-163.50   163.06

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,169    1,275-1,500    1,451  163.00-165.00   164.16

HEIFERS

 Over 80% Choice           279    1,225-1,375    1,310  163.00-165.00   164.24

 65 - 80% Choice           153    1,200-1,300    1,225  163.00-164.00   163.77

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          432    1,200-1,375    1,280  163.00-165.00   164.08



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,113      850-944       907   255.00-258.00   256.15

 65 - 80% Choice           154      874-874       874   256.00-256.00   256.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,267      850-944       903   255.00-258.00   256.13

HEIFERS

 Over 80% Choice           118      787-800       791   255.00-256.00   255.66

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          118      787-800       791   255.00-256.00   255.66



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            7,791       1,471.60         163.42

 Live    Heifer           4,106       1,305.90         163.36

 Dressed Steer            4,757         924.50         257.62

 Dressed Heifer           2,537         830.70         257.95



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer              258       1,488.40         160.51

 Live    Heifer             114       1,400.00         161.00

 Dressed Steer

 Dressed Heifer



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer

 Live    Heifer

 Dressed Steer              206         877.60         201.95

 Dressed Heifer             539         845.60         202.00



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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