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

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St Joseph, MO    Mon Sep 8, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 9/7/2014



Confirmed:       34,857      Last Week:    28,925        Last Year:    21,556



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         6,728    1,250-1,525     1,447   157.00-161.00  159.57

 65 - 80% Choice         2,607    1,350-1,535     1,451   154.00-160.00  158.94

 35 - 65% Choice           170    1,400-1,400     1,400   158.00-158.00  158.00

  0 - 35% Choice                       -                        -

 Total all grades        9,505    1,250-1,535     1,447   154.00-161.00  159.37

HEIFERS

 Over 80% Choice         3,958    1,185-1,400     1,276   156.00-161.00  158.74

 65 - 80% Choice         1,520    1,240-1,375     1,314   159.00-161.00  159.85

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        5,478    1,185-1,400     1,286   156.00-161.00  159.05



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,470      738-1,058      958    248.00-252.00  250.05

 65 - 80% Choice         3,138      835-978        911    248.00-252.00  250.02

 35 - 65% Choice            37      960-960        960    250.00-250.00  250.00

  0 - 35% Choice                       -                        -

 Total all grades        6,645      738-1,058      936    248.00-252.00  250.04

HEIFERS

 Over 80% Choice         1,865      746-864        820    248.00-252.00  250.62

 65 - 80% Choice         1,410      743-861        814    248.00-250.00  249.82

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,275      743-864        817    248.00-252.00  250.28



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           802    1,300-1,450     1,404   158.00-162.75  161.06

 65 - 80% Choice           337    1,200-1,500     1,391   156.50-159.00  158.30

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,139    1,200-1,500     1,400   156.50-162.75  160.25

HEIFERS

 Over 80% Choice           339    1,200-1,300     1,266   157.00-160.00  158.88

 65 - 80% Choice            40    1,240-1,240     1,240   157.00-157.00  157.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          379    1,200-1,300     1,263   157.00-160.00  158.69



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,223      803-960        910    245.00-251.00  248.84

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,223      803-960        910    245.00-251.00  248.84

HEIFERS

 Over 80% Choice           165      744-800        775    248.00-250.00  248.75

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          165      744-800        775    248.00-250.00  248.75





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,505     1,447.10        $159.37

  Live    Heifer            5,478     1,286.20        $159.05

  Dressed Steer             6,645       935.70        $250.04

  Dressed Heifer            3,275       817.30        $250.28



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             7,961     1,437.70        $154.70

  Live    Heifer            3,984     1,272.50        $155.06

  Dressed Steer             4,625       901.60        $244.39

  Dressed Heifer            3,738       813.10        $244.90



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,082     1,449.30        $122.71

  Live    Heifer            1,221     1,303.40        $122.46

  Dressed Steer             6,525       899.70        $194.14

  Dressed Heifer            1,341       799.70        $193.78





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

40         154.00-154.49                 714        248.00-248.49

0          154.50-154.99                 0          248.50-248.99

0          155.00-155.49                 180        249.00-249.49

0          155.50-155.99                 0          249.50-249.99

319        156.00-156.49                 8,652      250.00-250.49

0          156.50-156.99                 0          250.50-250.99

305        157.00-157.49                 905        251.00-251.49

0          157.50-157.99                 0          251.50-251.99

3,452      158.00-158.49                 1,176      252.00-252.49

30         158.50-158.99

3,240      159.00-159.49

836        159.50-159.99

7,773      160.00-160.49

0          160.50-160.99

676        161.00-161.49





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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