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

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St Joseph, MO    Mon Oct 20, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 10/19/2014



Confirmed:       33,515      Last Week:    50,023        Last Year:    48,257



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         7,630    1,300-1,600     1,469   161.00-165.00  163.57

 65 - 80% Choice         1,530    1,400-1,550     1,468   162.00-164.00  163.10

 35 - 65% Choice           373    1,425-1,425     1,425   163.00-163.00  163.00

  0 - 35% Choice                       -                        -

 Total all grades        9,533    1,300-1,600     1,467   161.00-165.00  163.48

HEIFERS

 Over 80% Choice         2,577    1,250-1,375     1,310   161.00-165.00  163.74

 65 - 80% Choice         2,005    1,225-1,370     1,302   162.00-163.50  162.87

 35 - 65% Choice           269    1,170-1,300     1,275   162.00-163.00  162.81

  0 - 35% Choice                       -                        -

 Total all grades        4,851    1,170-1,375     1,305   161.00-165.00  163.33



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,845      800-1,008      926    255.00-259.00  257.59

 65 - 80% Choice         2,612      850-966        925    255.00-258.00  257.59

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        5,457      800-1,008      925    255.00-259.00  257.59

HEIFERS

 Over 80% Choice         1,318      776-867        818    257.00-259.00  257.91

 65 - 80% Choice         1,807      784-950        841    255.00-258.00  257.67

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,125      776-950        832    255.00-259.00  257.77



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,023    1,350-1,500     1,456   163.00-165.00  164.42

 65 - 80% Choice           337    1,275-1,475     1,416   163.00-163.50  163.06

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,360    1,275-1,500     1,446   163.00-165.00  164.08

HEIFERS

 Over 80% Choice           506    1,225-1,375     1,280   163.00-165.00  164.06

 65 - 80% Choice           153    1,200-1,300     1,225   163.00-164.00  163.77

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          659    1,200-1,375     1,267   163.00-165.00  163.99



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,183      850-944        906    255.00-258.00  256.08

 65 - 80% Choice           262      874-882        877    256.00-256.00  256.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,445      850-944        900    255.00-258.00  256.07

HEIFERS

 Over 80% Choice           118      787-800        791    255.00-256.00  255.66

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          118      787-800        791    255.00-256.00  255.66





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,533     1,467.30        $163.48

  Live    Heifer            4,851     1,304.60        $163.33

  Dressed Steer             5,457       925.10        $257.59

  Dressed Heifer            3,125       831.50        $257.77



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer            11,999     1,451.70        $129.11

  Live    Heifer            6,921     1,303.00        $128.87

  Dressed Steer             6,167       914.40        $203.44

  Dressed Heifer            5,463       839.50        $203.51





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

37         160.00-160.49                 435        255.00-255.49

0          160.50-160.99                 0          255.50-255.99

173        161.00-161.49                 497        256.00-256.49

137        161.50-161.99                 0          256.50-256.99

1,690      162.00-162.49                 2,643      257.00-257.49

400        162.50-162.99                 0          257.50-257.99

5,475      163.00-163.49                 7,140      258.00-258.49

805        163.50-163.99                 0          258.50-258.99

7,131      164.00-164.49                 76         259.00-259.49

460        164.50-164.99

1,394      165.00-165.49





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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