Advice and Tips

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

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St Joseph, MO    Mon Aug 18, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 8/17/2014



Confirmed:       23,453      Last Week:    30,664        Last Year:    33,666



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,653    1,250-1,515     1,437   152.00-159.00  155.27

 65 - 80% Choice         2,499    1,375-1,500     1,461   152.00-155.00  153.97

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,152    1,250-1,515     1,447   152.00-159.00  154.75

HEIFERS

 Over 80% Choice         1,481    1,200-1,325     1,271   151.00-156.00  154.32

 65 - 80% Choice         1,910    1,200-1,375     1,321   152.00-157.00  153.81

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,391    1,200-1,375     1,299   151.00-157.00  154.03



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,442      834-965        924    242.00-248.00  244.37

 65 - 80% Choice         5,058      850-976        929    240.00-248.00  240.75

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,500      834-976        928    240.00-248.00  241.55

HEIFERS

 Over 80% Choice         1,623      761-825        796    242.00-248.00  244.38

 65 - 80% Choice           440      756-950        822    243.00-248.00  245.56

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,063      756-950        802    242.00-248.00  244.63



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           461    1,325-1,385     1,370   154.00-157.20  156.29

 65 - 80% Choice           223    1,400-1,400     1,400   154.00-155.50  154.52

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          684    1,325-1,400     1,380   154.00-157.20  155.72

HEIFERS

 Over 80% Choice           370    1,250-1,275     1,267   154.00-158.25  156.87

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          370    1,250-1,275     1,267   154.00-158.25  156.87



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,260      848-948        902    240.00-247.00  244.25

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,260      848-948        902    240.00-247.00  244.25

HEIFERS

 Over 80% Choice           113      860-860        860    250.00-250.00  250.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          113      860-860        860    250.00-250.00  250.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             6,152     1,446.70        $154.75

  Live    Heifer            3,391     1,298.90        $154.03

  Dressed Steer             6,500       928.30        $241.55

  Dressed Heifer            2,063       801.60        $244.63



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             5,756     1,403.20        $124.93

  Live    Heifer            3,616     1,260.10        $125.01

  Dressed Steer             5,241       900.70        $198.20

  Dressed Heifer            3,800       816.70        $197.69





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

92         151.00-151.49                 4,352      240.00-240.49

0          151.50-151.99                 0          240.50-240.99

1,209      152.00-152.49                 160        241.00-241.49

291        152.50-152.99                 0          241.50-241.99

819        153.00-153.49                 568        242.00-242.49

138        153.50-153.99                 0          242.50-242.99

2,626      154.00-154.49                 1,500      243.00-243.49

473        154.50-154.99                 0          243.50-243.99

2,672      155.00-155.49                 492        244.00-244.49

40         155.50-155.99                 0          244.50-244.99

351        156.00-156.49                 898        245.00-245.49

170        156.50-156.99                 0          245.50-245.99

1,247      157.00-157.49                 80         246.00-246.49

0          157.50-157.99                 0          246.50-246.99

0          158.00-158.49                 72         247.00-247.49

0          158.50-158.99                 0          247.50-247.99

420        159.00-159.49                 1,330      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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