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

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St Joseph, MO    Mon Sep 15, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 9/14/2014



Confirmed:       23,904      Last Week:    34,857        Last Year:    21,746



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,809    1,335-1,560     1,457   155.50-160.00  158.67

 65 - 80% Choice         2,794    1,325-1,525     1,434   157.00-160.00  158.64

 35 - 65% Choice           160    1,452-1,452     1,452   158.00-158.00  158.00

  0 - 35% Choice                       -                        -

 Total all grades        5,763    1,325-1,560     1,446   155.50-160.00  158.64

HEIFERS

 Over 80% Choice         2,689    1,205-1,375     1,330   158.00-160.00  159.04

 65 - 80% Choice         1,001    1,120-1,350     1,310   157.00-159.00  158.20

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,690    1,120-1,375     1,325   157.00-160.00  158.81



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,812      809-960        911    248.00-252.00  249.25

 65 - 80% Choice         1,771      826-945        910    248.00-250.00  248.94

 35 - 65% Choice           263      835-960        876    248.00-248.00  248.00

  0 - 35% Choice                       -                        -

 Total all grades        4,846      809-960        909    248.00-252.00  249.07

HEIFERS

 Over 80% Choice         3,220      756-893        830    248.00-252.00  249.20

 65 - 80% Choice           602      746-889        823    247.00-250.00  248.24

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,822      746-893        829    247.00-252.00  249.05



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           135    1,400-1,475     1,467   158.00-161.75  161.33

 65 - 80% Choice            38    1,500-1,500     1,500   158.00-158.00  158.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          173    1,400-1,500     1,474   158.00-161.75  160.60

HEIFERS

 Over 80% Choice            51    1,300-1,325     1,320   158.00-159.00  158.78

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           51    1,300-1,325     1,320   158.00-159.00  158.78



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           474      851-926        888    247.00-250.00  248.15

 65 - 80% Choice           189      912-912        912    247.00-247.00  247.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          663      851-926        895    247.00-250.00  247.82

HEIFERS

 Over 80% Choice           151      800-826        804    245.00-248.00  247.36

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          151      800-826        804    245.00-248.00  247.36





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             5,763     1,445.60        $158.64

  Live    Heifer            3,690     1,324.50        $158.81

  Dressed Steer             4,846       908.80        $249.07

  Dressed Heifer            3,822       828.50        $249.05



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,385     1,446.50        $122.84

  Live    Heifer            1,587     1,271.10        $122.33

  Dressed Steer             3,587       907.80        $193.76

  Dressed Heifer            2,330       812.80        $193.68





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

114        155.50-155.99                 65         247.00-247.49

40         156.00-156.49                 0          247.50-247.99

0          156.50-156.99                 5,702      248.00-248.49

714        157.00-157.49                 0          248.50-248.99

0          157.50-157.99                 255        249.00-249.49

3,723      158.00-158.49                 0          249.50-249.99

0          158.50-158.99                 4,256      250.00-250.49

3,182      159.00-159.49                 0          250.50-250.99

980        159.50-159.99                 0          251.00-251.49

2,532      160.00-160.49                 0          251.50-251.99

                                         314        252.00-252.49



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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