Advice and Tips

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

LM_CT167

St Joseph, MO    Mon Jun 16, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 6/15/2014



Confirmed:       29,965      Last Week:    23,044        Last Year:    20,509



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         5,197    1,275-1,450     1,377   146.00-152.25  149.49

 65 - 80% Choice         3,797    1,250-1,450     1,377   146.00-150.00  149.22

 35 - 65% Choice           165    1,325-1,325     1,325   149.00-149.00  149.00

  0 - 35% Choice                       -                        -

 Total all grades        9,159    1,250-1,450     1,376   146.00-152.25  149.37

HEIFERS

 Over 80% Choice         1,232    1,200-1,325     1,265   145.00-150.00  149.00

 65 - 80% Choice         1,722    1,220-1,325     1,273   147.00-150.00  149.29

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,954    1,200-1,325     1,269   145.00-150.00  149.17



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,260      743-991        898    232.00-238.00  236.81

 65 - 80% Choice         3,616      803-950        888    233.00-238.00  235.15

 35 - 65% Choice            38      837-837        837    235.00-235.00  235.00

  0 - 35% Choice                       -                        -

 Total all grades        4,914      743-991        890    232.00-238.00  235.57

HEIFERS

 Over 80% Choice           711      743-841        803    230.00-238.00  235.99

 65 - 80% Choice         1,290      756-950        827    234.00-238.00  235.87

 35 - 65% Choice           396      819-819        819    235.00-236.00  235.16

  0 - 35% Choice                       -                        -

 Total all grades        2,397      743-950        819    230.00-238.00  235.79



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           426    1,250-1,425     1,353   146.50-152.00  148.28

 65 - 80% Choice           491    1,250-1,425     1,326   146.50-149.00  147.22

 35 - 65% Choice            19    1,250-1,250     1,250   148.00-148.00  148.00

  0 - 35% Choice                       -                        -

 Total all grades          936    1,250-1,425     1,337   146.50-152.00  147.72

HEIFERS

 Over 80% Choice            93    1,150-1,175     1,171   143.00-149.50  148.45

 65 - 80% Choice           220    1,185-1,250     1,226   148.00-149.00  148.36

 35 - 65% Choice            58    1,175-1,200     1,183   147.00-148.00  147.33

  0 - 35% Choice                       -                        -

 Total all grades          371    1,150-1,250     1,206   143.00-149.50  148.22



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,998      784-928        852    234.00-238.00  235.39

 65 - 80% Choice           221      850-912        868    234.50-237.00  235.45

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,219      784-928        853    234.00-238.00  235.40

HEIFERS

 Over 80% Choice           339      762-784        777    234.00-235.00  234.40

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          339      762-784        777    234.00-235.00  234.40





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,159     1,376.10        $149.37

  Live    Heifer            2,954     1,269.40        $149.17

  Dressed Steer             4,914       889.90        $235.57

  Dressed Heifer            2,397       818.70        $235.79



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,720     1,375.80        $122.28

  Live    Heifer            1,573     1,204.70        $121.41

  Dressed Steer             5,506       884.20        $194.86

  Dressed Heifer            1,494       813.40        $194.88





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

87         145.00-145.49                 44         230.00-230.49

0          145.50-145.99                 0          230.50-230.99

356        146.00-146.49                 0          231.00-231.49

0          146.50-146.99                 0          231.50-231.99

255        147.00-147.49                 88         232.00-232.49

155        147.50-147.99                 0          232.50-232.99

2,226      148.00-148.49                 238        233.00-233.49

581        148.50-148.99                 0          233.50-233.99

2,751      149.00-149.49                 758        234.00-234.49

171        149.50-149.99                 0          234.50-234.99

8,501      150.00-150.49                 4,100      235.00-235.49

148        150.50-150.99                 0          235.50-235.99

44         151.00-151.49                 644        236.00-236.49

0          151.50-151.99                 0          236.50-236.99

283        152.00-152.49                 314        237.00-237.49

                                         0          237.50-237.99

                                         2,486      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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