Advice and Tips

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

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St Joseph, MO    Mon Sep 29, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 9/28/2014



Confirmed:       10,013      Last Week:    15,944        Last Year:    37,787



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,876    1,425-1,575     1,500   153.00-156.50  154.56

 65 - 80% Choice           475    1,450-1,470     1,460   152.00-156.00  154.03

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,351    1,425-1,575     1,494   152.00-156.50  154.48

HEIFERS

 Over 80% Choice           371    1,225-1,350     1,276   153.00-156.50  154.73

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

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          451    1,225-1,350     1,272   153.00-156.50  154.77



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           662      819-936        911    242.00-245.00  243.63

 65 - 80% Choice            85      920-920        920    244.00-244.00  244.00

 35 - 65% Choice            35      945-945        945    242.00-242.00  242.00

  0 - 35% Choice                       -                        -

 Total all grades          782      819-945        913    242.00-245.00  243.60

HEIFERS

 Over 80% Choice           397      750-866        818    242.00-245.00  243.02

 65 - 80% Choice           703      794-857        833    242.00-244.00  242.25

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,100      750-866        828    242.00-245.00  242.53



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           197    1,400-1,400     1,400   154.00-158.00  156.06

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          197    1,400-1,400     1,400   154.00-158.00  156.06

HEIFERS

 Over 80% Choice                       -                        -

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades                      -                        -



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,520      880-992        922    242.00-245.00  243.95

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,520      880-992        922    242.00-245.00  243.95

HEIFERS

 Over 80% Choice           484      768-826        810    242.00-244.00  243.74

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          484      768-826        810    242.00-244.00  243.74





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             3,351     1,494.20        $154.48

  Live    Heifer              451     1,271.60        $154.77

  Dressed Steer               782       913.20        $243.60

  Dressed Heifer            1,100       827.90        $242.53



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,689     1,427.80        $125.51

  Live    Heifer            4,114     1,266.00        $125.60

  Dressed Steer             8,228       904.20        $198.53

  Dressed Heifer            2,702       814.20        $197.81





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

255        152.00-152.49                 1,272      242.00-242.49

0          152.50-152.99                 0          242.50-242.99

644        153.00-153.49                 0          243.00-243.49

0          153.50-153.99                 0          243.50-243.99

1,293      154.00-154.49                 530        244.00-244.49

0          154.50-154.99                 0          244.50-244.99

1,537      155.00-155.49                 565        245.00-245.49

0          155.50-155.99                 0          245.50-245.99

358        156.00-156.49                 0          246.00-246.49

333        156.50-156.99                 0          246.50-246.99

                                         0          247.00-247.49

                                         0          247.50-247.99

                                         200        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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