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

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St Joseph, MO    Mon Jun 23, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 6/22/2014



Confirmed:       25,922      Last Week:    29,965        Last Year:    28,146



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         5,101    1,275-1,475     1,404   148.00-152.00  149.62

 65 - 80% Choice         3,075    1,300-1,450     1,387   147.00-150.00  148.67

 35 - 65% Choice            40    1,370-1,370     1,370   148.00-148.00  148.00

  0 - 35% Choice                       -                        -

 Total all grades        8,216    1,275-1,475     1,397   147.00-152.00  149.26

HEIFERS

 Over 80% Choice           839    1,150-1,300     1,247   148.00-150.00  149.26

 65 - 80% Choice         1,251    1,215-1,300     1,257   148.00-150.00  149.07

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,090    1,150-1,300     1,253   148.00-150.00  149.15



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,249      819-950        893    235.00-240.00  237.53

 65 - 80% Choice         2,493      743-950        878    232.00-240.00  237.29

 35 - 65% Choice            94      882-950        910    235.00-240.00  237.02

  0 - 35% Choice                       -                        -

 Total all grades        3,836      743-950        884    232.00-240.00  237.36

HEIFERS

 Over 80% Choice         1,584      762-950        816    233.00-240.00  234.90

 65 - 80% Choice         1,375      756-950        815    232.00-238.00  235.47

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,959      756-950        816    232.00-240.00  235.16



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           887    1,275-1,425     1,374   149.00-153.00  151.12

 65 - 80% Choice           603    1,325-1,375     1,349   148.50-152.70  150.35

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,490    1,275-1,425     1,364   148.50-153.00  150.81

HEIFERS

 Over 80% Choice           190    1,175-1,250     1,220   150.00-152.50  150.82

 65 - 80% Choice           116    1,200-1,250     1,216   149.00-150.00  149.69

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          306    1,175-1,250     1,218   149.00-152.50  150.39



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,493      816-893        865    235.00-237.00  235.90

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,493      816-893        865    235.00-237.00  235.90

HEIFERS

 Over 80% Choice           362      787-810        807    234.00-236.00  234.35

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          362      787-810        807    234.00-236.00  234.35





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             8,216     1,397.30        $149.26

  Live    Heifer            2,090     1,252.80        $149.15

  Dressed Steer             3,836       883.60        $237.36

  Dressed Heifer            2,959       815.70        $235.16



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,922     1,394.90        $121.36

  Live    Heifer            1,041     1,226.00        $121.36

  Dressed Steer             6,494       888.10        $193.30

  Dressed Heifer            2,700       804.20        $193.14





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

134        147.00-147.49                 216        232.00-232.49

0          147.50-147.99                 0          232.50-232.99

4,466      148.00-148.49                 762        233.00-233.49

0          148.50-148.99                 0          233.50-233.99

1,487      149.00-149.49                 71         234.00-234.49

38         149.50-149.99                 0          234.50-234.99

5,916      150.00-150.49                 2,048      235.00-235.49

36         150.50-150.99                 0          235.50-235.99

804        151.00-151.49                 685        236.00-236.49

0          151.50-151.99                 0          236.50-236.99

80         152.00-152.49                 779        237.00-237.49

                                         123        237.50-237.99

                                         2,044      238.00-238.49

                                         0          238.50-238.99

                                         868        239.00-239.49

                                         0          239.50-239.99

                                         387        240.00-240.49

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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