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

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St Joseph, MO    Mon Aug 25, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 8/24/2014



Confirmed:       41,072      Last Week:    23,453        Last Year:    35,752



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         8,963    1,250-1,575     1,446   150.00-156.00  153.03

 65 - 80% Choice         5,347    1,350-1,475     1,420   152.00-155.00  153.21

 35 - 65% Choice            82    1,425-1,425     1,425   152.50-152.50  152.50

  0 - 35% Choice                       -                        -

 Total all grades       14,392    1,250-1,575     1,436   150.00-156.00  153.09

HEIFERS

 Over 80% Choice         1,299    1,225-1,375     1,279   150.00-153.00  152.54

 65 - 80% Choice         3,393    1,175-1,350     1,292   152.00-155.00  153.07

 35 - 65% Choice           235    1,175-1,275     1,242   152.00-153.00  152.81

  0 - 35% Choice                       -                        -

 Total all grades        4,927    1,175-1,375     1,286   150.00-155.00  152.92



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,039      800-950        911    240.00-244.00  242.12

 65 - 80% Choice         4,252      725-960        889    240.00-243.00  241.76

 35 - 65% Choice           469      880-922        892    241.00-242.00  241.59

  0 - 35% Choice                       -                        -

 Total all grades        7,760      725-960        898    240.00-244.00  241.89

HEIFERS

 Over 80% Choice         1,847      730-880        818    240.00-243.00  241.93

 65 - 80% Choice         1,205      734-848        788    240.00-242.00  241.66

 35 - 65% Choice            68      813-813        813    242.00-242.00  242.00

  0 - 35% Choice                       -                        -

 Total all grades        3,120      730-880        806    240.00-243.00  241.83



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           552    1,350-1,475     1,434   152.00-155.00  153.74

 65 - 80% Choice            34    1,425-1,425     1,425   154.00-154.00  154.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          586    1,350-1,475     1,434   152.00-155.00  153.76

HEIFERS

 Over 80% Choice           250    1,175-1,300     1,242   152.50-154.00  153.13

 65 - 80% Choice           475    1,175-1,325     1,258   153.00-156.00  153.95

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          725    1,175-1,325     1,252   152.50-156.00  153.66



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,423      768-971        901    239.00-242.00  239.85

 65 - 80% Choice           114      870-870        870    241.00-241.00  241.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,537      768-971        899    239.00-242.00  239.94

HEIFERS

 Over 80% Choice         1,077      778-832        793    239.00-242.00  240.03

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,077      778-832        793    239.00-242.00  240.03





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            14,392     1,436.30        $153.09

  Live    Heifer            4,927     1,285.90        $152.92

  Dressed Steer             7,760       897.70        $241.89

  Dressed Heifer            3,120       806.10        $241.83



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             7,419     1,411.60        $124.66

  Live    Heifer            2,699     1,261.80        $124.64

  Dressed Steer             5,600       889.20        $197.40

  Dressed Heifer            2,803       811.30        $197.13





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

80         150.00-150.49                 454        240.00-240.49

0          150.50-150.99                 0          240.50-240.99

883        151.00-151.49                 1,536      241.00-241.49

271        151.50-151.99                 380        241.50-241.99

2,096      152.00-152.49                 8,952      242.00-242.49

502        152.50-152.99                 0          242.50-242.99

14,480     153.00-153.49                 1,158      243.00-243.49

300        153.50-153.99                 0          243.50-243.99

1,744      154.00-154.49                 14         244.00-244.49

450        154.50-154.99

993        155.00-155.49

0          155.50-155.99

84         156.00-156.49





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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