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

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St Joseph, MO    Mon May 12, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 5/11/2014



Confirmed:       21,643      Last Week:    38,650        Last Year:    19,943



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,910    1,250-1,500     1,358   147.00-153.50  149.88

 65 - 80% Choice         2,412    1,215-1,425     1,367   147.00-150.00  148.68

 35 - 65% Choice            90    1,240-1,240     1,240   147.50-147.50  147.50

  0 - 35% Choice                       -                        -

 Total all grades        6,412    1,215-1,500     1,360   147.00-153.50  149.39

HEIFERS

 Over 80% Choice         1,917    1,145-1,335     1,221   146.50-150.00  148.60

 65 - 80% Choice           775    1,125-1,275     1,235   148.00-149.00  148.33

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,692    1,125-1,335     1,225   146.50-150.00  148.52



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,020      794-950        863    234.00-238.00  234.70

 65 - 80% Choice         1,772      819-950        856    236.00-238.00  237.15

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,792      794-950        860    234.00-238.00  235.60

HEIFERS

 Over 80% Choice           274      775-787        785    235.00-238.00  237.56

 65 - 80% Choice           109      729-768        733    236.00-236.00  236.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          383      729-787        770    235.00-238.00  237.12



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           424    1,300-1,350     1,329   149.00-150.00  149.58

 65 - 80% Choice           869    1,275-1,425     1,351   147.00-151.00  149.03

 35 - 65% Choice            35    1,375-1,375     1,375   148.00-148.00  148.00

  0 - 35% Choice                       -                        -

 Total all grades        1,328    1,275-1,425     1,344   147.00-151.00  149.18

HEIFERS

 Over 80% Choice                       -                        -

 65 - 80% Choice           243    1,150-1,225     1,181   147.00-149.00  147.76

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          243    1,150-1,225     1,181   147.00-149.00  147.76



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,004      793-928        860    236.00-238.00  237.17

 65 - 80% Choice            80      883-883        883    236.00-236.00  236.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,084      793-928        862    236.00-238.00  237.08

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             6,412     1,359.80        $149.39

  Live    Heifer            2,692     1,224.90        $148.52

  Dressed Steer             4,792       860.30        $235.60

  Dressed Heifer              383       770.40        $237.12



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             7,989     1,360.30        $149.22

  Live    Heifer            3,064     1,235.90        $148.77

  Dressed Steer             7,169       902.50        $237.53

  Dressed Heifer            4,293       787.20        $236.86



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,000     1,377.10        $126.80

  Live    Heifer            3,902     1,246.50        $126.90

  Dressed Steer             4,255       863.30        $203.06

  Dressed Heifer            1,663       769.90        $201.63





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

605        145.00-145.49                 2,229      234.00-234.49

0          145.50-145.99                 0          234.50-234.99

0          146.00-146.49                 96         235.00-235.49

165        146.50-146.99                 0          235.50-235.99

195        147.00-147.49                 1,963      236.00-236.49

90         147.50-147.99                 0          236.50-236.99

3,165      148.00-148.49                 658        237.00-237.49

404        148.50-148.99                 45         237.50-237.99

3,816      149.00-149.49                 1,384      238.00-238.49

117        149.50-149.99

2,416      150.00-150.49

0          150.50-150.99

730        151.00-151.49

0          151.50-151.99

0          152.00-152.49

0          152.50-152.99

0          153.00-153.49

210        153.50-153.99





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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