Markets

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



LM_CT129

St Joseph, MO    Mon Nov 3, 2014     USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 10/31/2014



Confirmed:        6,328       Week Ago:    13,894        Last Year:     8,161

Week to Date:    13,555       Week Ago:    32,970        Last Year:    25,027



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,194    1,375-1,500    1,446  165.00-170.00   167.32

 65 - 80% Choice           700    1,535-1,535    1,535  166.50-166.50   166.50

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,894    1,375-1,535    1,479  165.00-170.00   167.02

HEIFERS

 Over 80% Choice           190    1,300-1,350    1,318  167.00-168.00   167.21

 65 - 80% Choice           266    1,300-1,300    1,300  166.00-166.00   166.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          456    1,300-1,350    1,308  166.00-168.00   166.50



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           856      896-967       926   264.00-265.00   264.87

 65 - 80% Choice           255      857-913       887   263.00-265.00   264.16

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,111      857-967       917   263.00-265.00   264.71

HEIFERS

 Over 80% Choice           175      809-897       836   262.00-265.00   264.20

 65 - 80% Choice            62      850-850       850   265.00-265.00   265.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          237      809-897       840   262.00-265.00   264.41



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           254    1,450-1,500    1,489  170.00-170.00   170.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          254    1,450-1,500    1,489  170.00-170.00   170.00

HEIFERS

 Over 80% Choice            80    1,375-1,375    1,375  168.00-168.00   168.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80    1,375-1,375    1,375  168.00-168.00   168.00



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           756      848-967       929   263.00-264.00   263.24

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          756      848-967       929   263.00-264.00   263.24

HEIFERS

 Over 80% Choice            40      768-768       768   263.00-263.00   263.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40      768-768       768   263.00-263.00   263.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            4,382       1,467.70         167.00

 Live    Heifer             536       1,291.50         167.03

 Dressed Steer            1,522         917.80         264.33

 Dressed Heifer           2,440         835.80         263.29



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            5,874       1,462.10         131.75

 Live    Heifer           2,430       1,286.30         131.48

 Dressed Steer            4,035         933.30         208.58

 Dressed Heifer           1,452         817.30         208.14



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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