Markets

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



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St Joseph, MO    Mon Oct 27, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 10/24/2014



Confirmed:       13,894       Week Ago:     1,743        Last Year:     2,381

Week to Date:    32,970       Week Ago:    33,515        Last Year:    24,353



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         2,582    1,350-1,585    1,539  166.00-170.00   168.27

 65 - 80% Choice         2,689    1,450-1,575    1,505  166.00-170.00   169.51

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        5,271    1,350-1,585    1,522  166.00-170.00   168.90

HEIFERS

 Over 80% Choice         2,165    1,200-1,400    1,295  167.00-170.00   169.51

 65 - 80% Choice           774    1,275-1,325    1,310  169.00-170.00   169.76

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,939    1,200-1,400    1,299  167.00-170.00   169.58



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           386      875-1,000     955   260.00-266.00   264.30

 65 - 80% Choice         1,158      886-943       931   265.00-265.00   265.00

 35 - 65% Choice            99      906-906       906   265.00-265.00   265.00

  0 - 35% Choice                       -                      -

 Total all grades        1,643      875-1,000     935   260.00-266.00   264.83

HEIFERS

 Over 80% Choice           332      772-835       815   264.00-265.00   264.66

 65 - 80% Choice           631      744-873       802   263.00-265.00   264.81

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          963      744-873       807   263.00-265.00   264.75



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           160    1,300-1,475    1,400  166.00-170.00   168.86

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          160    1,300-1,475    1,400  166.00-170.00   168.86

HEIFERS

 Over 80% Choice           200    1,350-1,350    1,350  170.00-170.00   170.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          200    1,350-1,350    1,350  170.00-170.00   170.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice            37      838-838       838   265.00-265.00   265.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           37      838-838       838   265.00-265.00   265.00

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           11,118       1,498.30         168.20

 Live    Heifer           5,558       1,306.80         168.73

 Dressed Steer            4,045         926.70         263.97

 Dressed Heifer           2,685         822.50         264.44



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            9,533       1,467.30         163.48

 Live    Heifer           4,851       1,304.60         163.33

 Dressed Steer            5,457         925.10         257.59

 Dressed Heifer           3,125         831.50         257.77



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            4,374       1,468.00         130.93

 Live    Heifer           3,688       1,334.70         130.86

 Dressed Steer            4,466         928.60         207.11

 Dressed Heifer           2,010         811.00         206.83



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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