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

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St Joseph, MO    Mon Jul 21, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 7/20/2014



Confirmed:       29,466      Last Week:    26,314        Last Year:    25,756



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         6,280    1,200-1,575     1,404   153.00-158.00  155.87

 65 - 80% Choice         2,185    1,325-1,475     1,386   153.50-158.00  155.98

 35 - 65% Choice           221    1,330-1,330     1,330   157.00-157.00  157.00

  0 - 35% Choice                       -                        -

 Total all grades        8,686    1,200-1,575     1,397   153.00-158.00  155.93

HEIFERS

 Over 80% Choice         2,035    1,150-1,300     1,247   154.00-157.00  155.48

 65 - 80% Choice           412    1,175-1,325     1,241   155.00-156.00  155.65

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,447    1,150-1,325     1,246   154.00-157.00  155.51



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,118      800-989        893    244.00-248.00  246.96

 65 - 80% Choice         2,103      850-950        898    244.00-248.00  245.70

 35 - 65% Choice            42      859-859        859    247.00-247.00  247.00

  0 - 35% Choice                       -                        -

 Total all grades        5,263      800-989        895    244.00-248.00  246.46

HEIFERS

 Over 80% Choice           901      734-950        799    243.00-248.00  246.21

 65 - 80% Choice         1,523      734-838        792    246.00-247.00  246.08

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,424      734-950        794    243.00-248.00  246.13



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,507    1,200-1,435     1,408   150.00-159.50  157.30

 65 - 80% Choice            38    1,400-1,400     1,400   155.00-155.00  155.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,545    1,200-1,435     1,407   150.00-159.50  157.24

HEIFERS

 Over 80% Choice         1,008    1,175-1,285     1,259   155.00-159.00  158.20

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,008    1,175-1,285     1,259   155.00-159.00  158.20



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,650      774-935        868    243.00-247.00  245.14

 65 - 80% Choice           265      848-882        867    245.00-245.00  245.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,915      774-935        868    243.00-247.00  245.12

HEIFERS

 Over 80% Choice           393      756-826        800    245.00-246.00  245.58

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          393      756-826        800    245.00-246.00  245.58





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             8,686     1,397.40        $155.93

  Live    Heifer            2,447     1,245.90        $155.51

  Dressed Steer             5,263       894.80        $246.46

  Dressed Heifer            2,424       794.40        $246.13



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,714     1,395.90        $121.10

  Live    Heifer            1,389     1,255.90        $121.08

  Dressed Steer             6,707       865.10        $191.80

  Dressed Heifer            2,094       792.00        $191.94





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

184        153.00-153.49                 83         243.00-243.49

141        153.50-153.99                 0          243.50-243.99

1,417      154.00-154.49                 570        244.00-244.49

522        154.50-154.99                 0          244.50-244.99

3,560      155.00-155.49                 354        245.00-245.49

114        155.50-155.99                 0          245.50-245.99

5,976      156.00-156.49                 3,513      246.00-246.49

310        156.50-156.99                 361        246.50-246.99

1,335      157.00-157.49                 2,650      247.00-247.49

198        157.50-157.99                 292        247.50-247.99

382        158.00-158.49                 860        248.00-248.49





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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