Markets

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



LM_CT129

St Joseph, MO    Mon Nov 10, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 11/7/2014



Confirmed:       19,127       Week Ago:     6,328        Last Year:    19,657

Week to Date:    25,070       Week Ago:    13,555        Last Year:    23,120



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         3,841    1,375-1,600    1,473  164.00-167.00   165.83

 65 - 80% Choice         3,728    1,350-1,550    1,491  164.00-167.00   166.10

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        7,569    1,350-1,600    1,482  164.00-167.00   165.96

HEIFERS

 Over 80% Choice           946    1,175-1,500    1,366  165.00-167.00   165.84

 65 - 80% Choice           454    1,250-1,400    1,310  166.00-166.00   166.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,400    1,175-1,500    1,348  165.00-167.00   165.89



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           836      850-945       901   260.00-264.00   262.03

 65 - 80% Choice         2,398      898-968       952   260.00-263.00   261.96

 35 - 65% Choice           305      944-976       950   255.00-262.00   261.13

  0 - 35% Choice                       -                      -

 Total all grades        3,539      850-976       940   255.00-264.00   261.91

HEIFERS

 Over 80% Choice           632      787-826       818   262.00-264.00   262.66

 65 - 80% Choice           344      819-832       828   262.00-262.00   262.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          976      787-832       822   262.00-264.00   262.43



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           640    1,350-1,550    1,455  164.00-168.00   167.00

 65 - 80% Choice           760    1,325-1,525    1,478  164.00-167.00   166.20

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        1,400    1,325-1,550    1,468  164.00-168.00   166.57

HEIFERS

 Over 80% Choice           337    1,200-1,325    1,284  165.00-167.00   166.50

 65 - 80% Choice            80    1,250-1,250    1,250  164.00-164.00   164.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          417    1,200-1,325    1,277  164.00-167.00   166.02



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           470      816-953       907   260.00-263.00   261.11

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          470      816-953       907   260.00-263.00   261.11

HEIFERS

 Over 80% Choice            40      806-806       806   262.00-262.00   262.00

 65 - 80% Choice            40      834-834       834   261.00-261.00   261.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           80      806-834       820   261.00-262.00   261.50



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            9,270       1,483.50         165.96

 Live    Heifer           3,122       1,340.70         166.14

 Dressed Steer            4,172         935.90         261.76

 Dressed Heifer           1,226         821.50         262.31



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            6,661       1,507.60         129.53

 Live    Heifer           2,514       1,323.40         129.90

 Dressed Steer            5,409         924.20         206.32

 Dressed Heifer           2,293         812.10         206.40



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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