Markets

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



LM_CT129

St Joseph, MO    Fri Oct 24, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Thursday, 10/23/2014



Confirmed:       17,698       Week Ago:     4,507        Last Year:     4,291

Week to Date:    18,868       Week Ago:    31,772        Last Year:    21,972



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,946    1,325-1,550    1,487  165.00-170.00   167.82

 65 - 80% Choice         1,821    1,325-1,525    1,460  163.00-169.50   167.17

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        5,767    1,325-1,550    1,478  163.00-170.00   167.62

HEIFERS

 Over 80% Choice         1,546    1,240-1,350    1,302  166.00-170.00   168.28

 65 - 80% Choice           939    1,300-1,350    1,335  167.00-168.00   167.37

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,485    1,240-1,350    1,314  166.00-170.00   167.93



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,131      825-1,014     918   260.00-265.00   263.55

 65 - 80% Choice           985      868-969       930   262.00-265.00   263.79

 35 - 65% Choice           121      921-921       921   264.00-264.00   264.00

  0 - 35% Choice                       -                      -

 Total all grades        2,237      825-1,014     923   260.00-265.00   263.68

HEIFERS

 Over 80% Choice           855      762-896       828   260.00-265.00   264.20

 65 - 80% Choice           856      740-896       835   264.00-265.00   264.34

 35 - 65% Choice            11      828-828       828   264.00-264.00   264.00

  0 - 35% Choice                       -                      -

 Total all grades        1,722      740-896       832   260.00-265.00   264.26



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,182    1,400-1,550    1,462  167.00-170.00   169.08

 65 - 80% Choice            35    1,325-1,325    1,325  166.00-166.00   166.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,217    1,325-1,550    1,458  166.00-170.00   168.99

HEIFERS

 Over 80% Choice           151    1,200-1,475    1,402  166.50-168.00   166.90

 65 - 80% Choice           200    1,300-1,300    1,300  170.80-170.80   170.80

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          351    1,200-1,475    1,344  166.50-170.80   169.12



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            75      896-936       917   263.00-264.00   263.53

 65 - 80% Choice           117      904-904       904   265.00-265.00   265.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          192      896-936       909   263.00-265.00   264.43

HEIFERS

 Over 80% Choice            80      768-768       768   263.00-263.00   263.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80      768-768       768   263.00-263.00   263.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            5,847       1,477.20         167.57

 Live    Heifer           2,619       1,316.10         167.78

 Dressed Steer            2,367         921.40         263.37

 Dressed Heifer           1,722         831.50         264.26



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            8,638       1,470.70         163.40

 Live    Heifer           4,811       1,305.10         163.34

 Dressed Steer            5,421         925.30         257.59

 Dressed Heifer           3,125         831.50         257.77



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            3,613       1,475.30         131.00

 Live    Heifer           3,494       1,338.00         130.82

 Dressed Steer            4,100         931.60         207.18

 Dressed Heifer           1,764         810.90         206.80



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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