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

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St Joseph, MO    Mon Sep 22, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 9/21/2014



Confirmed:       15,944      Last Week:    23,904        Last Year:    41,370



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,742    1,350-1,565     1,467   152.50-156.50  154.43

 65 - 80% Choice           273    1,325-1,450     1,396   152.00-155.00  154.42

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        4,015    1,325-1,565     1,463   152.00-156.50  154.43

HEIFERS

 Over 80% Choice         1,484    1,200-1,375     1,319   153.75-156.00  154.32

 65 - 80% Choice           250    1,275-1,275     1,275   155.00-155.00  155.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,734    1,200-1,375     1,313   153.75-156.00  154.42



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,665      784-976        926    243.00-246.00  244.57

 65 - 80% Choice         1,069      882-945        920    243.00-245.00  244.27

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,734      784-976        924    243.00-246.00  244.48

HEIFERS

 Over 80% Choice           908      784-857        819    243.00-246.00  245.48

 65 - 80% Choice           875      797-878        841    244.00-245.00  244.07

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,783      784-878        830    243.00-246.00  244.79



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           863    1,300-1,450     1,435   154.00-160.00  156.77

 65 - 80% Choice           135    1,450-1,450     1,450   154.00-154.00  154.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          998    1,300-1,450     1,437   154.00-160.00  156.40

HEIFERS

 Over 80% Choice           145    1,195-1,250     1,212   154.00-157.50  155.88

 65 - 80% Choice            42    1,200-1,200     1,200   154.00-154.00  154.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          187    1,195-1,250     1,209   154.00-157.50  155.46



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           767      880-976        925    242.50-244.00  243.23

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          767      880-976        925    242.50-244.00  243.23

HEIFERS

 Over 80% Choice           197      771-806        797    243.00-247.00  243.81

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          197      771-806        797    243.00-247.00  243.81





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             4,015     1,462.60        $154.43

  Live    Heifer            1,734     1,312.90        $154.42

  Dressed Steer             3,734       924.30        $244.48

  Dressed Heifer            1,783       829.60        $244.79



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer            10,012     1,433.90        $123.78

  Live    Heifer            3,609     1,272.00        $123.49

  Dressed Steer             6,891       915.60        $195.30

  Dressed Heifer            3,108       826.40        $195.05





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

40         152.00-152.49                 402        243.00-243.49

189        152.50-152.99                 0          243.50-243.99

38         153.00-153.49                 3,273      244.00-244.49

823        153.50-153.99                 76         244.50-244.99

1,795      154.00-154.49                 1,330      245.00-245.49

613        154.50-154.99                 0          245.50-245.99

1,973      155.00-155.49                 1,181      246.00-246.49

303        155.50-155.99                 0          246.50-246.99

160        156.00-156.49                 0          247.00-247.49

95         156.50-156.99                 0          247.50-247.99

                                         0          248.00-248.49

                                         0          248.50-248.99

                                         0          249.00-249.49

                                         0          249.50-249.99

                                         40         250.00-250.49

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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