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

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St Joseph, MO    Mon May 19, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 5/18/2014



Confirmed:       30,188      Last Week:    21,643        Last Year:    29,508



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,960    1,300-1,450     1,375   144.00-149.50  147.66

 65 - 80% Choice         2,551    1,250-1,450     1,334   145.00-148.00  146.88

 35 - 65% Choice           160    1,300-1,300     1,300   148.00-148.00  148.00

  0 - 35% Choice                       -                        -

 Total all grades        5,671    1,250-1,450     1,355   144.00-149.50  147.32

HEIFERS

 Over 80% Choice         1,260    1,185-1,275     1,236   144.00-147.50  147.12

 65 - 80% Choice           889    1,175-1,300     1,215   145.00-148.00  147.12

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,149    1,175-1,300     1,227   144.00-148.00  147.12



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,739      781-950        854    234.00-238.00  235.90

 65 - 80% Choice         2,477      816-945        860    232.00-236.00  233.89

 35 - 65% Choice           333      750-857        784    234.00-234.00  234.00

  0 - 35% Choice                       -                        -

 Total all grades        4,549      750-950        852    232.00-238.00  234.67

HEIFERS

 Over 80% Choice         1,471      730-834        771    233.50-236.00  234.72

 65 - 80% Choice           680      672-950        756    234.00-235.00  234.07

 35 - 65% Choice           247      750-750        750    234.00-234.00  234.00

  0 - 35% Choice                       -                        -

 Total all grades        2,398      672-950        765    233.50-236.00  234.46



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           557    1,275-1,425     1,364   146.00-151.50  149.92

 65 - 80% Choice           613    1,300-1,400     1,332   147.00-149.00  147.69

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,170    1,275-1,425     1,347   146.00-151.50  148.75

HEIFERS

 Over 80% Choice           260    1,200-1,250     1,212   147.50-152.00  150.71

 65 - 80% Choice            40    1,225-1,225     1,225   147.75-147.75  147.75

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          300    1,200-1,250     1,214   147.50-152.00  150.31



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,502      800-896        859    233.00-234.00  233.45

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,502      800-896        859    233.00-234.00  233.45

HEIFERS

 Over 80% Choice           200      826-826        826    234.00-234.00  234.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          200      826-826        826    234.00-234.00  234.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             5,671     1,354.60        $147.32

  Live    Heifer            2,149     1,227.30        $147.12

  Dressed Steer             4,549       852.40        $234.67

  Dressed Heifer            2,398       764.60        $234.46



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             2,584     1,402.50        $125.07

  Live    Heifer            2,099     1,249.00        $125.38

  Dressed Steer             6,924       884.00        $200.55

  Dressed Heifer            2,363       804.10        $199.48





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

212        144.00-144.49                 514        232.00-232.49

0          144.50-144.99                 0          232.50-232.99

1,959      145.00-145.49                 84         233.00-233.49

0          145.50-145.99                 154        233.50-233.99

853        146.00-146.49                 6,949      234.00-234.49

461        146.50-146.99                 115        234.50-234.99

4,522      147.00-147.49                 1,197      235.00-235.49

4,274      147.50-147.99                 0          235.50-235.99

1,372      148.00-148.49                 980        236.00-236.49

75         148.50-148.99                 0          236.50-236.99

404        149.00-149.49                 42         237.00-237.49

323        149.50-149.99                 0          237.50-237.99

                                         495        238.00-238.49



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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