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

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St Joseph, MO    Mon Jun 30, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 6/29/2014



Confirmed:       33,640      Last Week:    25,922        Last Year:    18,067



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         4,619    1,250-1,485     1,381   150.00-155.00  153.19

 65 - 80% Choice         2,485    1,250-1,500     1,401   151.50-154.00  153.17

 35 - 65% Choice           559    1,300-1,450     1,395   153.00-153.00  153.00

  0 - 35% Choice                       -                        -

 Total all grades        7,663    1,250-1,500     1,389   150.00-155.00  153.17

HEIFERS

 Over 80% Choice         2,681    1,170-1,325     1,261   150.00-155.00  152.77

 65 - 80% Choice           793    1,200-1,320     1,247   152.00-154.00  153.05

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,474    1,170-1,325     1,258   150.00-155.00  152.83



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,095      784-950        886    240.00-245.00  243.29

 65 - 80% Choice         3,980      803-950        883    236.00-245.00  242.74

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,075      784-950        884    236.00-245.00  242.93

HEIFERS

 Over 80% Choice         1,132      756-850        798    236.00-245.00  243.41

 65 - 80% Choice         2,435      752-950        822    242.00-245.00  243.84

 35 - 65% Choice           389      813-813        813    242.50-242.50  242.50

  0 - 35% Choice                       -                        -

 Total all grades        3,956      752-950        814    236.00-245.00  243.58



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           990    1,275-1,425     1,391   152.00-156.00  153.67

 65 - 80% Choice         1,152    1,350-1,430     1,416   154.00-155.50  155.31

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,142    1,275-1,430     1,405   152.00-156.00  154.55

HEIFERS

 Over 80% Choice           275    1,200-1,300     1,229   155.00-155.50  155.15

 65 - 80% Choice            40    1,275-1,275     1,275   153.00-153.00  153.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          315    1,200-1,300     1,235   153.00-155.50  154.87



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,291      816-967        892    240.00-243.50  242.07

 65 - 80% Choice            80      828-841        835    240.50-242.00  241.25

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,371      816-967        890    240.00-243.50  242.04

HEIFERS

 Over 80% Choice           310      728-810        784    240.00-242.00  240.29

 65 - 80% Choice            96      775-775        775    241.00-241.00  241.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          406      728-810        782    240.00-242.00  240.46





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             7,663     1,388.80        $153.17

  Live    Heifer            3,474     1,258.00        $152.83

  Dressed Steer             6,075       883.80        $242.93

  Dressed Heifer            3,956       813.80        $243.58



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,626     1,395.70        $121.47

  Live    Heifer            1,093     1,256.70        $121.27

  Dressed Steer             2,921       867.60        $193.00

  Dressed Heifer            1,945       810.90        $192.80





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

496        150.00-150.49                 12         234.00-234.49

0          150.50-150.99                 0          234.50-234.99

40         151.00-151.49                 0          235.00-235.49

40         151.50-151.99                 0          235.50-235.99

2,645      152.00-152.49                 55         236.00-236.49

1,763      152.50-152.99                 0          236.50-236.99

4,334      153.00-153.49                 41         237.00-237.49

716        153.50-153.99                 0          237.50-237.99

3,371      154.00-154.49                 38         238.00-238.49

70         154.50-154.99                 0          238.50-238.99

970        155.00-155.49                 12         239.00-239.49

                                         0          239.50-239.99

                                         812        240.00-240.49

                                         0          240.50-240.99

                                         0          241.00-241.49

                                         0          241.50-241.99

                                         1,916      242.00-242.49

                                         1,102      242.50-242.99

                                         3,838      243.00-243.49

                                         824        243.50-243.99

                                         358        244.00-244.49

                                         0          244.50-244.99

                                         3,204      245.00-245.49

                                         0          245.50-245.99

                                         38         246.00-246.49

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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