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

LM_CT167

St Joseph, MO    Mon Aug 4, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 8/3/2014



Confirmed:       28,378      Last Week:    40,148        Last Year:    14,785



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         4,159    1,250-1,535     1,431   160.00-165.00  162.51

 65 - 80% Choice         7,084    1,300-1,500     1,435   161.00-163.00  161.53

 35 - 65% Choice           265    1,375-1,375     1,375   163.00-163.00  163.00

  0 - 35% Choice                       -                        -

 Total all grades       11,508    1,250-1,535     1,432   160.00-165.00  161.92

HEIFERS

 Over 80% Choice         1,328    1,175-1,315     1,269   160.00-163.50  162.45

 65 - 80% Choice           350    1,225-1,325     1,259   161.00-162.00  161.81

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,678    1,175-1,325     1,267   160.00-163.50  162.31



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,381      847-975        907    254.00-260.00  255.21

 65 - 80% Choice         3,101      784-943        896    252.00-260.00  255.16

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,482      784-975        899    252.00-260.00  255.18

HEIFERS

 Over 80% Choice           288      756-819        807    254.00-258.00  254.74

 65 - 80% Choice           981      752-868        791    253.00-258.00  254.25

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,269      752-868        795    253.00-258.00  254.36



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,204    1,175-1,450     1,407   160.00-166.00  164.01

 65 - 80% Choice           246    1,300-1,325     1,304   160.00-163.00  162.56

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,450    1,175-1,450     1,396   160.00-166.00  163.86

HEIFERS

 Over 80% Choice            95    1,175-1,275     1,198   162.00-162.50  162.21

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           95    1,175-1,275     1,198   162.00-162.50  162.21



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,502      800-976        920    255.00-260.00  258.16

 65 - 80% Choice            75      806-806        806    257.05-257.05  257.05

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,577      800-976        917    255.00-260.00  258.13

HEIFERS

 Over 80% Choice           166      756-777        761    257.00-259.50  257.60

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          166      756-777        761    257.00-259.50  257.60





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            11,508     1,432.20        $161.92

  Live    Heifer            1,678     1,266.80        $162.31

  Dressed Steer             4,482       899.40        $255.18

  Dressed Heifer            1,269       795.00        $254.36



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer            13,674     1,415.30        $161.38

  Live    Heifer            4,719     1,237.50        $160.63

  Dressed Steer             6,396       908.00        $255.64

  Dressed Heifer            2,467       814.60        $254.32



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             2,733     1,375.30        $122.04

  Live    Heifer              829     1,264.30        $121.80

  Dressed Steer             2,942       893.70        $193.94

  Dressed Heifer            1,306       795.60        $193.71





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

187        160.00-160.49                 218        252.00-252.49

0          160.50-160.99                 0          252.50-252.99

4,024      161.00-161.49                 631        253.00-253.49

84         161.50-161.99                 0          253.50-253.99

6,246      162.00-162.49                 1,611      254.00-254.49

0          162.50-162.99                 0          254.50-254.99

2,275      163.00-163.49                 3,045      255.00-255.49

974        163.50-163.99                 0          255.50-255.99

155        164.00-164.49                 116        256.00-256.49

0          164.50-164.99                 0          256.50-256.99

551        165.00-165.49                 201        257.00-257.49

                                         0          257.50-257.99

                                         901        258.00-258.49

                                         0          258.50-258.99

                                         0          259.00-259.49

                                         0          259.50-259.99

                                         156        260.00-260.49

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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