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

LM_CT167

St Joseph, MO    Mon Jun 2, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 6/1/2014



Confirmed:       27,822      Last Week:    21,552        Last Year:    23,446



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,241    1,300-1,425     1,362   142.00-147.50  145.07

 65 - 80% Choice         4,247    1,250-1,450     1,374   144.00-147.50  145.22

 35 - 65% Choice           140    1,350-1,350     1,350   144.00-144.00  144.00

  0 - 35% Choice                       -                        -

 Total all grades        7,628    1,250-1,450     1,369   142.00-147.50  145.13

HEIFERS

 Over 80% Choice         2,316    1,080-1,325     1,232   144.00-146.00  144.61

 65 - 80% Choice         1,688    1,100-1,325     1,234   143.00-145.00  144.70

 35 - 65% Choice            90    1,215-1,215     1,215   145.00-145.00  145.00

  0 - 35% Choice                       -                        -

 Total all grades        4,094    1,080-1,325     1,233   143.00-146.00  144.65



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,264      825-928        876    230.00-238.00  232.11

 65 - 80% Choice         3,640      790-950        863    226.00-234.00  229.64

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,904      790-950        866    226.00-238.00  230.27

HEIFERS

 Over 80% Choice           269      753-832        801    228.00-230.00  229.65

 65 - 80% Choice           992      741-809        761    226.00-232.00  228.49

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,261      741-832        770    226.00-232.00  228.74



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           857    1,350-1,425     1,384   142.50-148.10  146.40

 65 - 80% Choice           822    1,325-1,400     1,339   145.00-149.00  147.27

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,679    1,325-1,425     1,362   142.50-149.00  146.83

HEIFERS

 Over 80% Choice           198    1,200-1,275     1,216   145.00-145.00  145.00

 65 - 80% Choice           267    1,175-1,300     1,295   143.00-149.00  148.75

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          465    1,175-1,300     1,261   143.00-149.00  147.15



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           843      784-896        860    229.00-231.00  230.44

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          843      784-896        860    229.00-231.00  230.44

HEIFERS

 Over 80% Choice           126      794-794        794    231.00-231.00  231.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          126      794-794        794    231.00-231.00  231.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             7,628     1,368.50        $145.13

  Live    Heifer            4,094     1,232.60        $144.65

  Dressed Steer             4,904       866.40        $230.27

  Dressed Heifer            1,261       769.80        $228.74



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             4,692     1,353.60        $145.73

  Live    Heifer            1,250     1,208.20        $144.73

  Dressed Steer             3,920       884.80        $232.64

  Dressed Heifer            1,313       780.70        $232.31



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             5,601     1,389.80        $125.15

  Live    Heifer            1,924     1,249.30        $125.44

  Dressed Steer             4,919       877.00        $198.90

  Dressed Heifer            2,044       785.70        $199.13





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

72         142.00-142.49                 1,110      226.00-226.49

0          142.50-142.99                 0          226.50-226.99

218        143.00-143.49                 0          227.00-227.49

0          143.50-143.99                 0          227.50-227.99

2,646      144.00-144.49                 40         228.00-228.49

403        144.50-144.99                 0          228.50-228.99

9,121      145.00-145.49                 13         229.00-229.49

871        145.50-145.99                 0          229.50-229.99

971        146.00-146.49                 4,365      230.00-230.49

0          146.50-146.99                 0          230.50-230.99

144        147.00-147.49                 433        231.00-231.49

414        147.50-147.99                 0          231.50-231.99

                                         1,962      232.00-232.49

                                         0          232.50-232.99

                                         0          233.00-233.49

                                         0          233.50-233.99

                                         127        234.00-234.49

                                         0          234.50-234.99

                                         0          235.00-235.49

                                         0          235.50-235.99

                                         0          236.00-236.49

                                         0          236.50-236.99

                                         0          237.00-237.49

                                         0          237.50-237.99

                                         140        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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