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

LM_CT167

St Joseph, MO    Mon Aug 11, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 8/10/2014



Confirmed:       30,664      Last Week:    28,378        Last Year:    44,579



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         5,646    1,300-1,535     1,425   157.00-162.00  159.43

 65 - 80% Choice         3,463    1,327-1,540     1,408   157.00-160.50  158.30

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        9,109    1,300-1,540     1,419   157.00-162.00  159.00

HEIFERS

 Over 80% Choice         2,851    1,165-1,350     1,250   157.00-163.00  159.35

 65 - 80% Choice           716    1,250-1,325     1,267   157.00-160.50  159.34

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,567    1,165-1,350     1,254   157.00-163.00  159.34



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,594      847-951        912    246.00-255.50  252.24

 65 - 80% Choice         4,243      850-944        919    246.00-255.00  249.74

 35 - 65% Choice           491      896-896        896    250.00-250.00  250.00

  0 - 35% Choice                       -                        -

 Total all grades        6,328      847-951        916    246.00-255.50  250.39

HEIFERS

 Over 80% Choice         1,725      740-857        817    248.00-255.50  252.16

 65 - 80% Choice         2,706      734-880        812    248.00-255.00  249.98

 35 - 65% Choice            51      713-713        713    254.00-254.00  254.00

  0 - 35% Choice                       -                        -

 Total all grades        4,482      713-880        813    248.00-255.50  250.87



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           380    1,200-1,425     1,363   158.00-161.00  160.06

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          380    1,200-1,425     1,363   158.00-161.00  160.06

HEIFERS

 Over 80% Choice           210    1,225-1,275     1,261   158.00-163.00  161.48

 65 - 80% Choice           573    1,310-1,310     1,310   158.00-158.00  158.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          783    1,225-1,310     1,297   158.00-163.00  158.93



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           631      806-936        889    250.00-254.00  251.41

 65 - 80% Choice                       -                        -

 35 - 65% Choice            15      768-768        768    255.00-255.00  255.00

  0 - 35% Choice                       -                        -

 Total all grades          646      768-936        886    250.00-255.00  251.50

HEIFERS

 Over 80% Choice            67      724-784        762    250.00-255.00  251.87

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           67      724-784        762    250.00-255.00  251.87





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,109     1,418.60        $159.00

  Live    Heifer            3,567     1,253.80        $159.34

  Dressed Steer             6,328       915.60        $250.39

  Dressed Heifer            4,482       813.00        $250.87



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             8,740     1,415.90        $123.41

  Live    Heifer            3,726     1,256.00        $123.57

  Dressed Steer             9,398       902.20        $195.38

  Dressed Heifer            4,846       799.80        $195.48





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

75         156.00-156.49                 175        246.00-246.49

0          156.50-156.99                 0          246.50-246.99

2,057      157.00-157.49                 40         247.00-247.49

77         157.50-157.99                 0          247.50-247.99

3,503      158.00-158.49                 3,979      248.00-248.49

456        158.50-158.99                 0          248.50-248.99

1,169      159.00-159.49                 211        249.00-249.49

0          159.50-159.99                 0          249.50-249.99

3,435      160.00-160.49                 3,100      250.00-250.49

2,236      160.50-160.99                 0          250.50-250.99

466        161.00-161.49                 758        251.00-251.49

0          161.50-161.99                 0          251.50-251.99

525        162.00-162.49                 598        252.00-252.49

0          162.50-162.99                 0          252.50-252.99

38         163.00-163.49                 670        253.00-253.49

                                         0          253.50-253.99

                                         1,242      254.00-254.49

                                         0          254.50-254.99

                                         1,769      255.00-255.49

                                         112        255.50-255.99

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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