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

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St Joseph, MO    Mon Jun 9, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 6/8/2014



Confirmed:       23,044      Last Week:    27,822        Last Year:    20,428



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,576    1,150-1,470     1,395   144.00-149.00  146.50

 65 - 80% Choice         1,920    1,300-1,425     1,369   143.50-147.00  145.47

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,496    1,150-1,470     1,384   143.50-149.00  146.06

HEIFERS

 Over 80% Choice         1,044    1,185-1,325     1,257   143.00-146.00  145.21

 65 - 80% Choice         1,271    1,125-1,325     1,255   145.00-147.00  145.79

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,315    1,125-1,325     1,256   143.00-147.00  145.53



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,003      825-921        877    231.00-234.00  231.79

 65 - 80% Choice         2,426      797-921        854    230.00-233.00  231.42

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,429      797-921        865    230.00-234.00  231.59

HEIFERS

 Over 80% Choice           682      762-839        800    231.00-232.00  231.29

 65 - 80% Choice         2,272      722-950        807    230.00-233.00  231.10

 35 - 65% Choice            84      747-747        747    231.00-231.00  231.00

  0 - 35% Choice                       -                        -

 Total all grades        3,038      722-950        804    230.00-233.00  231.14



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           549    1,250-1,425     1,372   143.80-150.00  147.16

 65 - 80% Choice           281    1,300-1,375     1,331   145.00-147.00  145.76

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          830    1,250-1,425     1,358   143.80-150.00  146.69

HEIFERS

 Over 80% Choice           730    1,125-1,300     1,248   143.00-149.00  146.53

 65 - 80% Choice           351    1,175-1,250     1,230   144.00-147.50  146.73

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,081    1,125-1,300     1,242   143.00-149.00  146.60



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,103      826-896        856    230.00-232.00  231.64

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,103      826-896        856    230.00-232.00  231.64

HEIFERS

 Over 80% Choice            47      796-796        796    230.00-230.00  230.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           47      796-796        796    230.00-230.00  230.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             4,496     1,383.80        $146.06

  Live    Heifer            2,315     1,255.80        $145.53

  Dressed Steer             4,429       864.70        $231.59

  Dressed Heifer            3,038       804.10        $231.14



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,275     1,384.70        $124.41

  Live    Heifer            1,479     1,232.00        $124.03

  Dressed Steer             3,158       870.10        $196.65

  Dressed Heifer            1,810       785.20        $196.35





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

243        143.00-143.49                 12         228.00-228.49

155        143.50-143.99                 0          228.50-228.99

237        144.00-144.49                 0          229.00-229.49

41         144.50-144.99                 0          229.50-229.99

2,299      145.00-145.49                 319        230.00-230.49

297        145.50-145.99                 0          230.50-230.99

4,564      146.00-146.49                 4,902      231.00-231.49

537        146.50-146.99                 0          231.50-231.99

556        147.00-147.49                 2,650      232.00-232.49

540        147.50-147.99                 160        232.50-232.99

0          148.00-148.49                 577        233.00-233.49

0          148.50-148.99                 0          233.50-233.99

210        149.00-149.49                 40         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

                                         38         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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