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

LM_CT167

St Joseph, MO    Mon Oct 13, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 10/12/2014



Confirmed:       50,023      Last Week:    46,415        Last Year:    NA



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         7,891    1,250-1,620     1,489   160.00-165.50  163.40

 65 - 80% Choice         9,208    1,275-1,600     1,467   160.00-164.50  163.35

 35 - 65% Choice           193    1,475-1,485     1,484   162.00-163.00  162.93

  0 - 35% Choice                       -                        -

 Total all grades       17,292    1,250-1,620     1,477   160.00-165.50  163.37

HEIFERS

 Over 80% Choice         3,733    1,200-1,375     1,303   160.00-165.00  163.12

 65 - 80% Choice         3,417    1,235-1,440     1,297   161.00-164.50  163.54

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        7,150    1,200-1,440     1,300   160.00-165.00  163.32



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,685      850-1,008      920    255.00-260.00  258.13

 65 - 80% Choice         4,048      791-957        909    255.00-259.00  257.56

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,733      791-1,008      913    255.00-260.00  257.79

HEIFERS

 Over 80% Choice         1,156      756-880        818    255.00-261.00  258.19

 65 - 80% Choice         2,229      740-896        835    256.00-258.00  257.41

 35 - 65% Choice           270      775-871        803    256.00-258.00  256.59

  0 - 35% Choice                       -                        -

 Total all grades        3,655      740-896        827    255.00-261.00  257.60



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,705    1,200-1,475     1,431   157.77-166.00  163.41

 65 - 80% Choice           502    1,350-1,450     1,401   163.00-164.00  163.56

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,207    1,200-1,475     1,424   157.77-166.00  163.44

HEIFERS

 Over 80% Choice           652    1,175-1,375     1,267   158.00-167.00  163.92

 65 - 80% Choice           214    1,225-1,275     1,242   162.00-164.00  163.08

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          866    1,175-1,375     1,261   158.00-167.00  163.71



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,083      793-967        892    255.00-258.50  256.77

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,083      793-967        892    255.00-258.50  256.77

HEIFERS

 Over 80% Choice           165      768-875        815    256.00-257.00  256.58

 65 - 80% Choice            43      762-762        762    255.00-255.00  255.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          208      762-875        804    255.00-257.00  256.25





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            17,292     1,477.00        $163.37

  Live    Heifer            7,150     1,300.20        $163.32

  Dressed Steer             6,733       913.30        $257.79

  Dressed Heifer            3,655       827.40        $257.60



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer

  Live    Heifer

  Dressed Steer

  Dressed Heifer





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

38         158.00-158.49                 56         250.00-250.49

0          158.50-158.99                 0          250.50-250.99

70         159.00-159.49                 0          251.00-251.49

0          159.50-159.99                 0          251.50-251.99

508        160.00-160.49                 0          252.00-252.49

0          160.50-160.99                 0          252.50-252.99

508        161.00-161.49                 0          253.00-253.49

115        161.50-161.99                 0          253.50-253.99

1,535      162.00-162.49                 0          254.00-254.49

82         162.50-162.99                 0          254.50-254.99

14,584     163.00-163.49                 573        255.00-255.49

634        163.50-163.99                 0          255.50-255.99

8,467      164.00-164.49                 1,158      256.00-256.49

1,556      164.50-164.99                 0          256.50-256.99

646        165.00-165.49                 1,513      257.00-257.49

210        165.50-165.99                 0          257.50-257.99

                                         9,370      258.00-258.49

                                         0          258.50-258.99

                                         200        259.00-259.49

                                         0          259.50-259.99

                                         617        260.00-260.49

                                         0          260.50-260.99

                                         84         261.00-261.49

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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