Advice and Tips

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

LM_CT167

St Joseph, MO    Mon Oct 6, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 10/5/2014



Confirmed:       46,415      Last Week:    10,013        Last Year:       NA



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice        10,887    1,235-1,625     1,464   156.50-161.00  159.93

 65 - 80% Choice         4,436    1,250-1,525     1,446   158.00-160.50  159.89

 35 - 65% Choice            84    1,425-1,425     1,425   160.00-160.00  160.00

  0 - 35% Choice                       -                        -

 Total all grades       15,407    1,235-1,625     1,459   156.50-161.00  159.91

HEIFERS

 Over 80% Choice         2,650    1,175-1,360     1,294   158.00-162.00  159.91

 65 - 80% Choice         3,006    1,150-1,500     1,291   158.00-161.00  159.85

 35 - 65% Choice           118    1,300-1,300     1,300   160.00-160.00  160.00

  0 - 35% Choice                       -                        -

 Total all grades        5,774    1,150-1,500     1,293   158.00-162.00  159.88



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,858      857-976        923    250.00-253.00  251.69

 65 - 80% Choice         3,625      843-980        927    250.00-252.00  251.87

 35 - 65% Choice           394      857-961        914    252.00-252.00  252.00

  0 - 35% Choice                       -                        -

 Total all grades        6,877      843-980        924    250.00-253.00  251.80

HEIFERS

 Over 80% Choice           843      724-883        846    246.00-252.00  251.26

 65 - 80% Choice         2,064      734-950        818    250.00-252.00  251.83

 35 - 65% Choice           270      851-873        863    252.00-252.00  252.00

  0 - 35% Choice                       -                        -

 Total all grades        3,177      724-950        829    246.00-252.00  251.70



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,451    1,275-1,500     1,444   155.00-162.00  160.54

 65 - 80% Choice           568    1,325-1,475     1,458   157.50-160.00  159.95

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,019    1,275-1,500     1,447   155.00-162.00  160.42

HEIFERS

 Over 80% Choice           908    1,175-1,350     1,270   159.00-164.00  160.94

 65 - 80% Choice           438    1,225-1,350     1,276   158.00-160.50  159.75

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,346    1,175-1,350     1,271   158.00-164.00  160.55



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           899      882-960        924    248.00-251.00  249.93

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          899      882-960        924    248.00-251.00  249.93

HEIFERS

 Over 80% Choice           456      780-826        805    249.00-251.00  250.29

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          456      780-826        805    249.00-251.00  250.29





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            15,407     1,458.70        $159.91

  Live    Heifer            5,774     1,292.70        $159.88

  Dressed Steer             6,877       924.40        $251.80

  Dressed Heifer            3,177       829.20        $251.70



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer

  Live    Heifer

  Dressed Steer                40       882.00        $200.00

  Dressed Heifer





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

160        156.50-156.99                 12         245.00-245.49

0          157.00-157.49                 0          245.50-245.99

76         157.50-157.99                 80         246.00-246.49

681        158.00-158.49                 0          246.50-246.99

0          158.50-158.99                 0          247.00-247.49

3,123      159.00-159.49                 0          247.50-247.99

501        159.50-159.99                 0          248.00-248.49

17,331     160.00-160.49                 0          248.50-248.99

520        160.50-160.99                 15         249.00-249.49

2,260      161.00-161.49                 0          249.50-249.99

0          161.50-161.99                 1,312      250.00-250.49

250        162.00-162.49                 0          250.50-250.99

                                         670        251.00-251.49

                                         126        251.50-251.99

                                         10,570     252.00-252.49

                                         0          252.50-252.99

                                         150        253.00-253.49

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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