Advice and Tips

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

LM_CT167

St Joseph, MO    Mon Jul 14, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 7/13/2014



Confirmed:       26,314      Last Week:    32,940        Last Year:    22,867



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         6,197    1,250-1,525     1,399   154.00-160.00  155.75

 65 - 80% Choice         3,378    1,350-1,475     1,403   154.00-157.00  156.07

 35 - 65% Choice           180    1,400-1,400     1,400   155.00-155.00  155.00

  0 - 35% Choice                       -                        -

 Total all grades        9,755    1,250-1,525     1,400   154.00-160.00  155.85

HEIFERS

 Over 80% Choice         1,500    1,150-1,275     1,236   154.00-158.00  155.76

 65 - 80% Choice         1,255    1,200-1,300     1,249   154.00-157.00  155.55

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,755    1,150-1,300     1,242   154.00-158.00  155.66



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,287      724-950        862    245.00-249.00  247.64

 65 - 80% Choice         3,017      803-950        873    244.00-249.00  246.41

 35 - 65% Choice            55      880-880        880    245.00-245.00  245.00

  0 - 35% Choice                       -                        -

 Total all grades        6,359      724-950        867    244.00-249.00  247.03

HEIFERS

 Over 80% Choice           667      740-839        792    243.00-249.00  246.98

 65 - 80% Choice            44      787-787        787    247.00-247.00  247.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          711      740-839        792    243.00-249.00  246.98



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,192    1,250-1,475     1,403   153.00-157.50  156.55

 65 - 80% Choice           844    1,350-1,425     1,397   153.00-157.00  156.21

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,036    1,250-1,475     1,400   153.00-157.50  156.41

HEIFERS

 Over 80% Choice            80    1,225-1,225     1,225   156.00-156.00  156.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           80    1,225-1,225     1,225   156.00-156.00  156.00



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,472      759-921        884    240.00-246.00  245.79

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,472      759-921        884    240.00-246.00  245.79

HEIFERS

 Over 80% Choice           450      794-806        797    245.00-246.00  245.73

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          450      794-806        797    245.00-246.00  245.73





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,755     1,400.30        $155.85

  Live    Heifer            2,755     1,241.80        $155.66

  Dressed Steer             6,359       867.20        $247.03

  Dressed Heifer              711       791.90        $246.98



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,796     1,380.90        $121.07

  Live    Heifer            1,041     1,249.20        $121.07

  Dressed Steer             3,557       878.00        $192.26

  Dressed Heifer            1,628       774.70        $192.17





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

37         152.00-152.49                 30         243.00-243.49

0          152.50-152.99                 0          243.50-243.99

35         153.00-153.49                 368        244.00-244.49

0          153.50-153.99                 0          244.50-244.99

3,063      154.00-154.49                 1,544      245.00-245.49

0          154.50-154.99                 0          245.50-245.99

2,833      155.00-155.49                 1,397      246.00-246.49

216        155.50-155.99                 0          246.50-246.99

2,924      156.00-156.49                 897        247.00-247.49

275        156.50-156.99                 0          247.50-247.99

3,150      157.00-157.49                 1,126      248.00-248.49

210        157.50-157.99                 0          248.50-248.99

240        158.00-158.49                 2,084      249.00-249.49

160        158.50-158.99

0          159.00-159.49

0          159.50-159.99

430        160.00-160.49





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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