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

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St Joseph, MO    Mon Jul 7, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 7/6/2014



Confirmed:       32,940      Last Week:    33,640        Last Year:    26,307



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         5,998    1,285-1,490     1,387   154.00-159.50  156.66

 65 - 80% Choice         6,905    1,250-1,475     1,388   154.00-159.00  156.93

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades       12,903    1,250-1,490     1,388   154.00-159.50  156.80

HEIFERS

 Over 80% Choice         1,390    1,150-1,275     1,243   154.00-159.00  156.38

 65 - 80% Choice         2,013    1,155-1,300     1,252   154.00-158.00  156.22

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,403    1,150-1,300     1,248   154.00-159.00  156.29



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,081      806-919        872    245.00-250.00  248.10

 65 - 80% Choice         2,536      819-950        895    246.00-250.00  249.25

 35 - 65% Choice         1,025      859-950        882    245.00-250.00  247.81

  0 - 35% Choice                       -                        -

 Total all grades        4,642      806-950        887    245.00-250.00  248.66

HEIFERS

 Over 80% Choice           737      736-873        793    246.00-250.00  248.60

 65 - 80% Choice         1,073      731-950        797    247.00-250.00  248.85

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,810      731-950        795    246.00-250.00  248.75



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           746    1,350-1,450     1,403   157.50-160.00  158.36

 65 - 80% Choice            84    1,350-1,400     1,379   156.00-157.50  156.86

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          830    1,350-1,450     1,400   156.00-160.00  158.21

HEIFERS

 Over 80% Choice           195    1,175-1,225     1,216   152.00-158.00  156.66

 65 - 80% Choice           318    1,175-1,250     1,220   156.00-158.00  157.48

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          513    1,175-1,250     1,218   152.00-158.00  157.17



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           525      838-914        900    245.00-250.00  248.10

 65 - 80% Choice           438      870-873        871    245.00-248.00  246.45

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          963      838-914        887    245.00-250.00  247.35

HEIFERS

 Over 80% Choice            84      788-788        788    248.00-248.00  248.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           84      788-788        788    248.00-248.00  248.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            12,903     1,387.50        $156.80

  Live    Heifer            3,403     1,248.30        $156.29

  Dressed Steer             4,642       886.80        $248.66

  Dressed Heifer            1,810       795.30        $248.75



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             2,867     1,376.30        $121.63

  Live    Heifer            1,485     1,261.90        $121.98

  Dressed Steer             8,132       899.50        $193.53

  Dressed Heifer            2,041       807.40        $192.94





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

1,133      154.00-154.49                 138        244.00-244.49

0          154.50-154.99                 0          244.50-244.99

3,110      155.00-155.49                 129        245.00-245.49

134        155.50-155.99                 0          245.50-245.99

3,486      156.00-156.49                 685        246.00-246.49

350        156.50-156.99                 0          246.50-246.99

5,810      157.00-157.49                 436        247.00-247.49

76         157.50-157.99                 0          247.50-247.99

4,608      158.00-158.49                 3,243      248.00-248.49

43         158.50-158.99                 0          248.50-248.99

1,284      159.00-159.49                 431        249.00-249.49

70         159.50-159.99                 0          249.50-249.99

                                         3,369      250.00-250.49



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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